another idea of trading usdjpy is shotrting it till arround 143ianother idea of trading usdjpy in shorting until 143ish of the second long wave of elliot theory
Usdjpy1hr
USDJPY Technical Analysis and Trade Idea👀👉 USDJPY is exhibiting a bullish trend on the higher time frames, and I'm closely monitoring for a potential buying opportunity, contingent on key conditions outlined in the video. We’ll cover the crucial price action signals to watch and how to position yourself to capitalize on the next move. Disclaimer: This analysis is provided for informational purposes and should not be considered financial advice. 📊✅
USDJPY I Was Asked For My Opinion - Here It Is👀 👉 Someone requested a video on USD/JPY. Currently, I don't see any viable trade opportunities, as the price is range-bound. I'll be waiting for a break, retest, and failure of either the previous range high or low on the 4H chart before considering any trades on this currency pair. Here's my technical analysis.
Disclaimer: The content in this video is for educational and informational purposes only and should not be considered as financial advice. Trading involves significant risk, and you should always do your own research or consult with a financial advisor before making any trading decisions. 📊✅
1-Hour Chart Analysis USDJPYVISIT FOURTRADES WEBSITE FOR MORE INSIGHT
The 1-hour chart reveals more granular details of the recent price action. The pair has formed a bearish engulfing candlestick pattern at the resistance zone around 157.00, which is a strong bearish signal. This pattern indicates a potential reversal to the downside. Furthermore, the pair is approaching a support level around 155.50, which could provide a short-term bounce. However, if this level is breached, the next target would be the 154.00 support level.
Daily Chart Analysis
The USD/JPY pair has been trading within an ascending channel for the past few months. Recently, the pair... Visit fourtrades website Link in the bio
4-Hour Chart Analysis
On the 4-hour chart, the USD/JPY pair has shown a clear break below a previous low, which adds to the bearish outlook seen on the daily chart. The price action is ... Visit fourtrades website for more insights Link in the bio
#USDJPY: Possible Second Buy Entry Worth up to +800 pips! Dear Traders,
Our first entry turn out to be in our favour and we expect price to rise even higher and higher. USD dominance over JPY is significant and in no soon time, we can expect BOJ to change any policies or intervene in the market. We may see some correction in the market but it is very unlikely that it will be reversal.
Good luck and trade safe!
Team Setupsfx
USDJPY: 800+ Pips Buying Opportunity! Swing Trading Dear Traders,
Hope you are doing great, price of USDJPY remain tricky. Previously, we had anticipated that price will drop heavily, however, due to weak Japanese yen price remain bullish as it was before. We still currently in a correction zone, where we can expect price to drop slightly lower to our area of entry and then we can see a strong buyers liquidity kicking in the market.
*If you like the idea then please like, comment and follow us which will encourage us to bring you more educational ideas like this**
Team Setupsfx_
USDJPY Bearish Bias!USDJPY went up sharply
But the pair has hit a
Horizontal resistance level
Of 157.72 and we are
Already seeing a bearish
Reaction so we will be
Expecting a local move down !
USDJPY Pair : USDJPY ( U.S Dollar / Japanese Yen )
Description :
Rising Wedge as an Corrective Pattern in Long Time Frame
RSI - Divergence
Break of Structure
Bullish Channel as an Corrective Pattern in Short Time Frame
Resistance Level
#USDJPY H1 Buy Setup BUY Only If H1 Bullish Closing Above 155.7#USDJPY H1 Buy Setup BUY Only If H1 Bullish Closing Above 155.770 SL 154.75 TGT :156.56-157.11 its 1.3:1 RR.Other Everything Written On Chart .
USDJPYPair : USDJPY ( U.S Dollar / Japanese Yen )
Description :
Completed " 12345 " Impulsive Waves
Break of Structure
RSI - Divergence
Bullish Channel as Correction in Short Time Frame
Fibonacci Level - 161.8%
#USDJPY: Still Bullish, Next Target 163.00| SetupsFX_ |Dear Traders,
Hope you are doing great, right here we have an excellent opportunity of buying USDJPY, JPY plummeted few days ago as BOJ kept the interest rate as the same and decided not to change. Leading a heavy sell off on YEN. However, price did make strong correction right after the sell off, though we think it was temporary correction. Right now price is at perfect buying area from which it can rebound strongly.
Like and Comment if you like or agree with our idea! :)
USD/JPY looks set for 155 - but will the BOJ allow a breakout?At the beginning of April, Japan's ex-FX diplomat Watanabe said that the BOJ were unlikely to intervene with USD/JPY below 155. Well now the pair trade less than 80 pips beneath this key level (and less than a day's trade by recent standards), 155 is certainly the level to watch today.
The strength of the bullish 1-hour trend makes it seem that USD/JPY has little choice by to at least try and retest 155. Prices are now consolidating after a mild pullback, RSI (2) is nearing oversold during an uptrend and the daily pivot point is nearby for dip buyers to consider longs.
Should momentum turn higher from here, bulls could simply target 155.
As for how it behaves if it meets that level remains to be seen. Yet prior attempts at key levels usually sees momentum either slow down ahead of it, or a volatile breakout is followed by a shakeout before prices revert beneath the key level. The only exception in recent history was IS CPI data which saw prices smash through 152 with apparent ease.
But today we suspect market forces alone can drive prices higher without US data. The question remains as to whether the BOJ will remain quiet and allow the rally to flourish further.
USDJPY: First Entry dropped 400 pips, Focusing on ReentryDear Traders,
OANDA:USDJPY first entry dropped successfully 400 pips, now there is possibility of price filling up the liquidity and dropping from that region. Bullish price will likely to push the price up to our area of entry where price will fall strongly. Use accurate stop loss and take profit as described in our chart, if you have any doubt or finding it hard to understand something, please leave a comment.
good luck and trade safe as always
USDJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDJPYPair : USDJPY ( U.S Dollar / Japanese Yen )
Description :
Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line
RSI - Divergence
Break of Structure
Completed " 123 " Impulsive Waves
USDJPY 1H ProjectionUSDJPY 1H Projection
All over market in bullish trend.
short term inducement sell not enough volume for upward move.
USDJPY Falling Resistance Ahead!USD-JPY went up from the
Lows but now the pair is
About to retest the falling
Long-term falling resistance
Line while being oversold
So I will be expecting a
Local bearish correction !
USDJPY Navigating Retracement&Identifying Short Opportunities!Introduction:
The USD/JPY pair has experienced a dynamic week marked by a double top pattern, providing insightful clues for traders. While recent days showcased a retracement and an apparent uptrend tendency, the most recent price action is signaling a potential shift.
Retracement Dynamics:
The past week witnessed a retracement in the intense and continuous bearish flow of USD/JPY. The retracement is characterized by an uptrend tendency line, suggesting a temporary shift in market sentiment. However, recent hours are indicating a potential reversal, prompting a closer examination of key technical levels.
Fibonacci Retracement:
Zooming into the 4-hour timeframe, the current movement aligns closely with the 61.8% Fibonacci retracement level, centered around the price of 0.750.700. This level serves as a critical reference point, providing insights into potential reversal zones.
Bearish Order Block on Lower Timeframes:
Detailed analysis on smaller timeframes, specifically the 1-hour and 30-minute charts, reveals the formation of a Bearish Order Block. This is a crucial technical pattern signaling a Short Position opportunity. The identified price range of 0.750.600 becomes significant for traders considering a short entry.
Break of Uptrend Tendency Line:
A pivotal moment in this analysis is the recent break of the uptrend tendency line. The breach of this trendline, coupled with a reaction around the strong high of 0.750, suggests a potential re-establishment of the bearish sentiment.
Conclusion:
In conclusion, the USD/JPY pair has undergone a retracement in the past week, challenging the prevailing bearish flow. However, with the recent break of the uptrend tendency line and the formation of a Bearish Order Block on lower timeframes, there is a compelling case for a short position opportunity. Traders are encouraged to closely monitor the price action around the 0.750.600 range, as it may serve as a key entry point for those anticipating a continuation of the bearish trend. As always, risk management and vigilant monitoring of price dynamics are essential for traders navigating these evolving market conditions.
USDJPY Ascending Channel BreakoutWe expect further downside on this pair, signalled by the breakout of the ascending channel pattern. We can also see the formation of a low high and a breakout of a key level which further supports our directional basis.
analyze USDJpy Hello traders, analyze USDJpy in an ascending channel. Wait for buying opportunities from the support areas drawn on the charts. Good luck.
Analyse USDJPY in 1HIn the first, we have the hormonal butterfly model
This tells us that the price will go to the 149.62 area, and then there will be a rebound because there is a PRZ area.
After that, there will be a decline to the 149.00 level and then return to the 151.00 level.
USDJPY Analysis H1Here is my analysis for USDJPY on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
