USDJPY SELL | Day Trading AnalysisHello Traders, here is the full analysis.
Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity USDJPY
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Usdjpyanalysis
USDJPY RETRACEMENT DONEPrice retrace to 150.7, im expecting new lows again 149.20. since this rise.
Break also the 148.8 zone.
This is not a financial advice.
All USDJPY ideas made a huge.
Since last week. above 100 pips always secured.
Come and check me out for more and daily Trading ideas.
This is not a financial advice.
Trade at your own peril.
USDJPY - Bullish continuation ✅Hello traders!
‼️ This is my perspective on USDJPY.
Technical analysis: Nothing changed here, as I said in my previous analysis I have a long position, expect price to take buy side liquidity and to create new higher high. I will secure my trade and move SL to BE.
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USDJPY FAKEOUTS AGAIN?Hello Fellow traders, The previous idea just made 130pips and price goes back on our entry and test the previous october 2022 highs.
If you just see the candle on a Daily . looks like a fakeouts or just a dummy candle being created.
just only my observations about those candle.
NOt expecting too much low or highs, but im expecting the previous high of october 2022 must clear.
my ideas are far or too broad on market movements.
Lets see how this things worksout.
we might see 145 or we test the Highs!
This is not a financial advice.
💡 USDJPY: Waiting for the opportunity to turn backFollowing three consecutive sessions of sharp decline, buying strength has resurfaced as the price nears the lower boundary of the ascending price channel. While the overall bullish pattern remains intact on the H4 and daily timeframes, it's worth noting the emergence of a bearish signal. A notably robust bearish pin bar has taken shape on the weekly chart, manifesting at levels not seen in decades. Consequently, there exists a potential for a price reversal in this resistance zone. Therefore, it might be advisable to consider selling opportunities once the recovery phase concludes.
USDJPY 4H : NFP report will affect on the marketUSDJPY
New forecast
The dollar pair against the yen dropped yesterday and tried to breach the support 150.00 level ,so that the bearish corrective trend scenario remains valid, which mainly targets the 149.14 and 148.89 areas.
therefore the downward scenario will be remain valid and effective during coming period and moving average 50 support the continuation of the proposed downward trend, breaking 150.00 will facilitate the price’s task of achieving the expected target, while breaking 150.53 represents a positive factor that will push the price to try to return to the main upward path again.
The expect range trading for today it will between resistance line 151.00 and support line 150.00.
Additionally ,Today News will affect the market .
support line : 150.00 , 149.41
resistance line : 150.53 , 151.00
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USDJPY Take off??USDJPY, the double bottom pattern, might indicate a reversal of the previous downward trend. Traders often use the distance between the lowest low of the pattern and the resistance line to estimate a potential price target.
Based on this pattern, and major direction of trend, a projected target of 151 might be feasible. However, it's essential to apply technical analysis and consider other indicators to confirm the pattern and potential price target before making trading decisions.
USD/JPY Daily Analysis - The Pullback has Begun! Fall to 146.000USD/JPY has finally touched the previous high of 152.000 with a strong bull candle that we'll call a Bull Capitulation. Immediately after that price target was hit, we saw a series of bear bars falling to the 30EMA. We have now been above the 30EMA for 69 days and after touching a key price range, have a high probability of falling below down to the bottom of the bull channel at the 145.000-146.000 range.
Key Points:
1. We're in a Bull Channel which means we have a better chance of profit longing.
2. Previous High of 152.000 has been touched.
3. Bull Capitulation Candle on Oct 23.
4. DXY Strong Bear Signal Bar of the bottom of the bull channel.
5. JPXY Still at Risk of Bull Reversal, this week's candle may decide.
6. RSI has room to fall and while a weak indicator, supports the previous 5.
As always, trade at your own risk, you are responsible for your trades. I hope this analysis was insightful and useful.
Trade wisely and let us know what you think in the comment section below!
USDJPY Bears parade incoming! Weekly chart says it all.. the 2022 pattern is now repeating again for the USDJPY pair:
1- Top rejection
2- Bear Doji close
3- Waiting now for confirmaton: bear candle with body closing below previous and lower high
The volume seems to be lower this time so watch out for one last try to test the weekyl Top. Most likely will be rejected so thats a good point for a short!
USDJPY - Long after a retracement ✅Hello traders!
‼️ This is my perspective on USDJPY.
Technical analysis: Here we are in a strong bullish market structure from 4H timeframe perspective, so I am looking for long. After news on JPY price has a strong impulse, I wait for a retracement to fill the imbalance lower and then to reject from bullish order block
Fundamental analysis: This week we have a lot of important news on USD. Will be released Interest Rate followed by FOMC Meeting on Wednesday and on Friday NFP day. Pay attention to the results in order to validate the analysis and try not to trade during the release of the news.
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USDJPY I Potential long from support Welcome back! Let me know your thoughts in the comments!
** USDJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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USDJPY: Today's (November 3) USD exchange rate: Following the...The US dollar kept falling during the most recent trading session as traders gambled that the US Federal Reserve (Fed) had finished tightening its monetary policy and decided to hold interest rates steady.
As a result, the Fed resolved at its policy meeting in November to maintain current interest rates while assessing the financial landscape to gauge its capacity to contain inflation. Fed funds futures indicate that there is less than 20% likelihood that the Fed will raise interest rates in December, but investors continue to support the belief that US interest rates have peaked. Stocks have recovered as a result of that viewpoint increasing investors' risk appetite.
The dollar weakened 0.3% versus the Japanese yen to 150.44, retreating from this week's one-year high
Too Early in week UsdJpy? 🚦UsdJpy , the Yen is testing the highs for liquidity preceding a decrease. It is early in the week and probabilities are not there for the kind of upside volume that we want to observe .
150.5 Bullish Weekly target
152 2nd Bullish Weekly Target
148.71 Bearish Weekly target
148.23 Bearish weekly target #2
USDJPY 4H : New forecast USDJPY
New forecast
The USD/JPY pair bounced significantly after testing the 151.00 areas, breaking the support of the ascending channel and starting a downward correction.
Therefore we expect the correction is end and upward trend scenario will be more likely supported by moving average 50 and Breaking 150.46 and stabilized above it will make it easier for the price to achieve the suggested target began 151.00 and extend to 151.50, taking into account that stabilized under 150.00 will end the bullish waves and put the price under sell pressure .
The expect range trading for today it will between resistance line 151.00 and support line 150.00.
Additionally ,Today News will affect the market .
support line : 150.00 , 149.41
resistance line : 150.46 , 151.00
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
USDJPY: Japanese Prime Minister Kishida: The economic stimulus Japanese Prime Minister Kishida said:
The economic stimulus package totals about 17 trillion yen, including tax cuts
Supplementary budget to finance the economic stimulus package worth 13.1 trillion yen
Will try to pass additional budget one day soon
So in the near future will JPY continue to increase?
USDJPY 4H :Support further rise USDJPY
New forecast
The dollar/yen pair rose strongly to cross and settle above the 151.00 barrier, reinforcing expectations that the upward trend will continue to dominate in the long term, paving the way for additional gains of up to 152.50.
Therefore the upward scenario will be remain valid and affective supported by moving average 50 that is continues to support the price to rise up but the current negativity may cause some temporary sideways fluctuation before resuming the proposed rise, so may the price try to do negative correction to 151.00 and then rise up,taking into account that the upward trend which will remain in place provided that the price maintains its stability above the 150.46 level.
The expect range trading for today it will between resistance line 151.76 and support line 151.00.
Additionally ,Today News will affect the market .
support line : 151.00 , 150.46
resistance line : 151.50 , 152.50
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
USDJPY and USDCAD 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.