Usd-jpy
✨ NEW: USDJPY ✨ DT SWING✨-SL @ 150.00 🚫
SLO @ 148.90 (conservative) ⏳
SSO @ 147.75 (moderate) ⏳
TP1 @ 142.66 (shaving 25%)
TP2 @ 139.15 (shaving 25%)
TP3 @ 136.60 (shaving 25%)
TP4 @ 132.60 (closing ALL Sell Orders)
BLO @ 129.33 (1D) ⏳
-SL @ 128.25 🚫
ADDITIONAL INFO:
📈 Price Action is nearing our SLO. Just a few more pips to the upside, our SLO will trigger, and it's off to the bank after that.
📉 Let's catch this DT and enjoy the ride because it's gonna be a long one.
📉 Also, I placed a pending SSO, just in case we don't get our SLO filled
USDJPY TECHNICAL ANALYSIS Good day, Trader.
We'll be keeping an eye on USDJPY. Even though the 4-hour timescale clearly shows a bullish continuation pattern, I like to be careful. Before going long, I will patiently wait for price to break out of and retest the 1.46.643 zone, and before considering selling USDJPY, I will be anticipating price to totally take out the 145.953 zone. Recall that patience is crucial, and that entry requires confirmation.
❤️Please, support my work with like, thank you!❤️
USDJPY One last rally before a correction.It's been almost 2 months since we looked into the USDJPY pair (see chart below) and our buy position right at the bottom of the Channel Up that easily hit its 144.500 target:
The pattern is still holding and the price appears to be starting the final upward leg before it tests the top (Higher Highs trend-line) of the pattern. As a result, as long as the 1D MA50 is holding, we are bullish targeting 150.000 (top of Channel Up). If the 1D MA50 breaks, we will short-term sell towards the 1D MA100 (green trend-line). If the price closes below the 1D MA100, we will consider it a pattern bearish break-out and sell targeting the 1D MA200 (orange trend-line) and Support 3 at 138.100.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Yen weakness continuesThe Japanese yen weakness persists despite the US dollar retracement.
As the price breakout of the brief consolidation and trades below the resistance level of 146.50, look for a breakout above the resistance level to signal further upside, with the next major resistance at 147.30, the previous swing high
USDJPY 3/9/23Starting this week off with USDJPY on Friday we saw the NFP and other red folder USD news shift this pair higher and into a bullish range, now as always we don't want to just jump into a bullish range from a bearish pair.
this doesn't me we wont trade the range it just means we are going to look into a more conserved methods to enter any buys.
overall this move is provided by a shift from news so we are going to treat it like every news POI we come to within our trading days, confirm and protect.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
USDJPY Potential UpsidesHey Traders, in tomorrow’s trading session we are monitoring USDJPY for a buying opportunity around 145.500 zone, USDJPY was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 145.500 support and resistance zone.
Trade safe, Joe.
USDJPY Potential DownsidesHey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 145.500 zone, USDJPY was trading in an uptrend and successfully managed to break it out. currently is in a correction phase in which it is approaching the trend at 145.500 support and resistance zone.
Trade safe, Joe.
USDJPY: Consolidation & The Next Bullish Move 🇺🇸🇯🇵
USDJPY is currently consolidating within a horizontal range.
Taking into consideration the fact, that the pair is trading in a long-term bullish trend,
probabilities are high that the market will resume the growth soon.
Your confirmation will be a bullish breakout - a daily candle close above 146.6 - the upper boundary of the range.
A bullish continuation will be expected to 148.0 level then.
Alternatively, remember that the price may also drop from the underlined blue resistance and keep consolidating.
❤️Please, support my work with like, thank you!❤️
Long USDJPYLast week USDJPY posted a green Heiken Ashi candle on the weekly time frame. This suggests to me that we may have another green week.
It is also the case that a green Heiken Ashi candle posted on the daily time frame after a red candle. This suggests to me that this could be the beginning of a muli-day bull run.
USDJPY 27/8/23UJ honestly i don't have a huge amount to say about this pair or about this range, if you have looked over our other USD related pairs you will know the story by now.
A news range with honestly a poor structure overall, liquid has built higher and lower meaning we may push up then shift lower, as you can see we have a reverse of our other USD pairs as in this case the USD is our primary.
so you guys know what we are looking for, either a shift higher to give us a new range or a confirm entry for our NEWS created POI, on the other end we may have a sweep of our low to give us a bias the is opposite to what we have currently.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
USDJPY Potential DownsidesHey Traders, in today’s trading session we are monitoring USDJPY for a selling opportunity around 146 zone, USDJPY was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 146 support and resistance zone.
Trade safe, Joe.
Bearish daily bias on GJTEST of daily bias BOS
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
Is this the USD/JPY spring point? Looking at the Dollar vs. Yen on the higher timeframe going into this week looks like it could be in a perfect spot to catch some volume and ride a trend. When looking at multiple variables of the pair you can see reasons why I believe this may be time for the Dollar to fan its wings a little bit.
Healthy trend is obvious to myself and my trading style, and to get into long positions I would be looking to attempt to fulfil a pullback that correlates with the previous two pull backs. If my prediction is right on this idea then we should pull right back into that recent bullish reaction and move to the upside.
You can see the Fibonacci level drawn on the pair, and then the actual Dollar index and what I notice is a retracement backdown to the .50 mark until bullish momentum picked back up.
The overlay printed is tracking higher value FRAMA areas and I have coded it to quit printing the overlay when the lines are crossing or overlapping to indicate an indecisive market and to keep out of "trend trades" in those conditions and focus more on a range strategy if I really must, and I see a trend trade opportunity rather than a retracement down to the range bottom.
Even with heavy news last week, the Dollar stayed pretty strong in my own eye due to the fact some important numbers missed, and the impact was quickly recovered. I see this as high bullish impact, and we are in a big retail zone on a higher time frame bringing me to a bias being trapping traders in short positions slowly beginning of the week until the volume control is gained back and will go to take highs and create new ones.
The Yen has been taking a beating and the bullish activity cant seem to hold when it does inject. I see a range if anything next week on the Yen index but if my analysis is correct we should see a lower high and a lower low created.
USDJPY: Rebound on the 1D MA50. Buy signal.USDJPY is on the third straight green 1D candle after a rebound on the 1D MA50 that has turned the 1D time-frame into healthy bullish levels (RSI = 60.603, MACD = 0.480, ADX = 30.898). This is technically a bullish continuation signal, with the 1D MACD after a Bullish Cross, resembling the bullish sequence of April.
We are long, targeting the R3 level (TP = 146.800). If the price crosses under S1, we will short and target the S2 level (TP = 133.515).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
Good resistance to the dollarGood resistance to the dollar
According to the fundamental conditions of the market and of course the position of the dollar, contrary to the current analysis, I personally think that the price of the dollar should be corrected against the Japanese yen.
The targets are shown with two short positions on the chart.
Don't forget capital management.
USD/JPY another +500 pip drop or not?Hello Traders
Our technical view has been shown in the chart.
If you like it then Support us by Like, Following, and Sharing.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
USDJPY 6/8/23Here on our UJ chart we have another sell range given to us but in this case we have a very choppy range and a WICK POI which is a clear indication that our range was created during news, overall we did sweep out our highs before breaking down which adds probability. NOW, we know our rules around news POIs are which is to stay safe and expect a slight deviation due to the orders creating this range have more than likely been shifted since its creation... knowing this we are going to look for a confirmation around our SWH zone to short this out, of course if we have news or any other price action indications we will calculate how we will enter this one.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
UJ potential pullback upwards likely to bias short
**Find out more from my Tradingview Stream this week**
***************************************************************************************
Hello there!
If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏
And if you would like to show further support for me, you can gift me some coins on tradingview! 😁
Thank you!
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!