BoJ coming up....upside for USDJPY?Planning for the BoJ coming up...
seeing a stronger USD overnight, we could see the BoJ take the chance to take a slightly more dovish tone, to push the USDJPY higher
Usd-jpy-buy
USDJPY above 107Could 107 be the barrier, once broken will bring about 108 and 109 for the USDJPY.
Whilst volatility is seen in the USD, it is also slowly gaining strength.
Although the BoJ seems to be moving away from its aggressive stimulus plan, forgoing a 2% inflation target, the Yen seems to be bought only on risk-off situations (reserve assets are bought).
Therefore, if the current market conditions maintain, we could see the USDJPY move above 107 and beyond.
USD/JPY looking to buy til next fib levelHi guys,
I will buy the pair as soon as it breaks this channel to the upside til next fib level.
If you like my ideas please drop a comment or a like :)
Cheers
Jesse
USDJPY Buy opportunityUSDJPY after the hit bottom edge of resistance zone went lower. Now it reach local support level at 113.10. This is previous resistance level and there could be a good buy opportunity. Now we are observing price action and waiting for any demand activity.
USDJPY Buy IdeaWhat do you guys think ?
Price may bounce off this support and go back up to 113.900 - 144.000.
Any objections/suggestions are welcomed.
USDJPY Buy SetupThe pair rejected from fibo 61.8% on the daily time frame and broke the descending trend line on 4H time frame
you can buy now and place your Stop Loss under 110.50 and your Take Profit @ 114
USDJPY - Bullish EngulfingUSDJPY has formed a bullish engulfing on the daily timeframe. Price failed to make lower lows. SL set below previous lows, TP set at previous highs.
USDJPY : Buy setup : Weekly bounce Hey guys ,
- Weekly trend : Perfect support (Red)
- 2 H4 trend : Good support (black)
- 23.6 fib
- Support zone
- RSI to be oversold
Close before NFP
Took a Buy on USDJPY Today Hi traders.
Today I added to my buy position on the intraday dip. I saw price approaching s1 at 113.63 quickly and anticipated the stop run reversal. I placed my buy order just ahead of s1 and will be holding this long throughout the rest of the day and tomorrow. I would like to see a push up into the key psychological resistance level of 115, but let's see how it plays out.
Enjoy!
USDJPY Q2 Upside Target Hello traders.
USDJPY is set to hit 115 by Q2, but by the looks of things this may very happen sooner rather than later. As such, dips will be viewed as value buying opportunities until upside targets are hit or proven otherwise.
I hope this information is useful to both short-term and long-term traders in determining major market direction.
Enjoy and remember to follow!
USDJPY / 4HR / TCT*Waiting to Buy @ 113.600*
PAIR: USD/JPY
TTF: 4HR
TRADE: TREND CONTINUATION
NOTE: These are potential Trade opportunities based
on my own personal Analysis.
Thank you,
Star Prosper
Philip Stewart
USDJPY - Buy OpportunityUSDJPY has closed slightly above the middle Bollinger Band, closing above the trend line of the descending triangle. TP set at 300 pips at previous highs, SL set at 90 pips. RSI is above 50. I will enter on the 4H chart after price closes above the support line marked.
USDJPY Institutional Support 112.88 marks strong institutional support.
We may see strong buyers step in here.
Enjoy!
USDJPY Institutional Levels to Watch TodayGood morning traders! USDJPY has been drifting higher throughout the Asia session, however I'm not sure we will see new highs. We still have to get through 118.66 in order to see any continued upside. It is very possible that this is just a second attempt at the highs before this pair rolls over and continues it's corrective pullback. If this pair fails to break above and sustain above 118.66 expect continued consolidation/downside.
USD / JPY Buy SetUp - WAITING FOR THE FOMCUSD / JPY Buy SetUp - WAITING FOR THE FOMC
iT SEEMS LIKE WE HAVE A GREAT OPORTUNITY HERE, WILL GIVE THE INDX AN IMPULSE AS WELL, LETS SEE WHEN THE MARKET START TO MOVE - IT CAN BE AFTER OR BEFORE THE NEWS.
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