USDJPY : Long Trade , 1hUSDJPY buy Entry : 131.570
Stop : 130.180 , Target1 : 132.960 , Target2 : 134.350
Risk/Reward Ratio : 2
Usdjpybuy
UsdJpy could rise to 135 zoneAfter an initial drop yesterday, UsdJpy reversed from this important zone of support, leaving a nice Pin Bar on our daily chart.
This could be the signal for a reversal and bulls could target 135 resistance.
Confirmation for a rise coms with da daily close above yesterday's high and this outlook is valid as long as yesterday's low remains intact.
USDJPY BuyHello and Happy New Year to everyone!
UJ is due for some correction, and I expect to see a nice push upwards after steadily dropping from price 134.400 since last week. Moving Average indicators are signaling a nice movement up from here as shown.
If the pairing does break into a buy, I am expecting a bit of retracement around 132.600 area to eventually finish back up to the resistance target.
Buy Entry: 131.275
Targets: 131.500 | 131.800 | 132.000 | 132.330 | 132.675 | 132.915 | 133.230 | 133.400
Resistance: 133.600
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USDJPY Buy H4UJ has slowly been gaining momentum since the 700-pip drop last week due to the BOJ Monetary Policy announcement. The pairing finally saw a strong directional bias today after ranging between small resistance and support price points.
The 4 hour chart seems to be showing a bullish bias. Expecting the price to continue to push up, even if slowly.
Entry: 134.500
Targets: 134.750 | 135.000 | 135.230 | 135.450 | 135.600
Resistance: 135.740
Support: 132.450
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UsdJpy LongI am looking to long UsdJpy once it strongly breaks the current resistance and closes above it. If it fails to break it and rather breaks the below support, I will be looking for short opportunities
USDJPY next movement in the next week ?The US dollar against the Japanese yen may return to the bullish path next week, after the US Federal Reserve raised interest rates and stated that it will continue to raise interest rates in the coming year. All this may increase the strength of the dollar.
Here, the dollar is seen breaking a downtrend on the four-hour time frame and testing it, and for this I expect the rise to continue towards higher targets.
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USDJPY Massive Breakout! USD-JPY was trading in a downtrend
But now we are finally seeing
A massive bullish breakout
Which is confimred so we are now
Bullish biased on the pair
At least in the mid term
And thus after the pullback
And retest of the broken levels
We will see a move up
USDJPY Hrly Long | Algorithm TradingUSDJPY hrly long
buystop @ 137.500
TP #1 @ 137.662 84.31% wr
TP #2 @ 138.225 56.86% wr
SL @ Swing low 136.331 5.8% hr
WR and HR are determined by past trades on this pair, on this timeframe.
More systematic trades are posted on my profile and on Bifrost Trades.
USDJPY: a potential REVERSAL on DowntrendHello, everybody and welcome to BIGPAPA Forex, today we are going to be analysing the EURUSD pair, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities
Possible Long shot on USDJPYI am considering taking a long on USDJPY with a big SL cluster that appears the last hours within 136.15-135.85 area.
I need a catalyst that will provide with Upside potential on USD and take a Long on the pair by tracking it's order flows and news catalysts.
Possible Catalysts for Friday 9th December.
US PPI's more positive than expectations
US Michigan data more positive than expectations
In case USDJPY isn't close to the lowest SL cluster I will play on this pair by trying to trip SL's along with the news by tomorrow.
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USDJPY top-down analysisHello 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.
USDJPY Idea H1Here is my view for USDJPY on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
[TRADE CLOSED] Position Went As Expected +340 PipsQuick update for you on this position after getting the entry signal on Friday and the intial 200 pip pop were we had closed 50% of the position and moved the STOP to entry price (which nearly got hit yesterday).
You can now see its moving nicely towards the 139 area I talked about in Friday's post the PMI numbers helping price go above 137 today I have now closed 80% of the position and moved the stop loss to 136.500 as I suspect sellers might come back in soon towards 138.
All in all it was a great trade with the entry signal of the indicator near perfect you can read my related posts to see exactly why I entered when I did.
Up It Goes As Expected..... :)Quick update on my previous post as expected we dipped under 135 actually down below 134 price was extremely oversold across leading into the NFP release then my indicator giving the green light to enter.
I have already closed 50% of this position and the stop loss is at entry will trail the stop as we move up
Read my previous to learn how I was able to predict this move
Will This Level Intice Buyers Into Action ??This pair is moving according to my previous idea after we got the move back up into the early 140's price went as expected and is now at the predicted level of 135 and is creating new SUPPLY/SELL zones as it moves which is very good.
You can see 135 is the start of a untested Weekly/Monthly DEMAND/BUY zone so you should expect buyers to start coming in below 135 for a short term BUY trade up towards the 139 newly created SUPPLY/SELL zone.
Once we get the up swing action towards 139 then this will be a good area to SELL again as I suspect this pair is now correcting this years huge move up and you may see a move back down below 130.
Good luck :)
p.s. read my related post to see how you can predict these moves too
Anticipated volatile movementUSDJPY is currently at the 4h support level, and to strengthen this emerging bullish scenario; we had a bullish head-and-shoulders pattern formation. Let's see the reaction...
USD/JPY BUYJapan’s Employment and Retail Trade Data will remain in Focus - FED Powell gives Direction - Smart Money heavily Long 90/10 - Targets @ 143 - 800m in Expiries in the Range of 137.5 & 139 - Max RR 1:6
USDJPY(11/25/2022)Hello Dear
this is my ideas.
Open Position : 139.356
Take Profit :164.111
Stop Lost : 138.800
Leverage 1:50
PROFIT : 790 PERCENT
best regards.
USDJPY top-down analysisHello 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.
USDJPY BUYThe USDJPY takes support after a long falling. I believe it will rise more in coming next week. Better to look buying opportunity on it.
UsdJpy to resume its uptrend?Since the beginning of March, following the important 115 zone break, UsdJpy entered a very strong up trend with the pair gaining more than 3500 pips, which is translated into more than 30%, which is immense for a pair like UsdJpy.
After two BoJ interventions, one at the 145 zone and the second marking the 152 top, the pair finally cooled down and corrected strongly.
However, the overall trend remains bullish and I have no reason to think that this will change.
At this moment the pair is trading exactly in a strong confluence support given by the trend line, the horizontal level, and the 140 figure, and a resumption to the upside is probable.
My target for this rise is in the 145 zone, technical resistance, and the level for the first BoJ intervention.
USDJPY Surges BUY Trade Trggered.....Quick post on the trade ideas from yesterday we go the drop down to the 138 zone as expected and have entered the BUY trade idea will target the 143-45 area and then turn to the sell idea.
Read the related post to understand the reasons behind this setup
ALERT: Where You Should Look to BUY & SELL USDJPY ??Nearly a 1400 pip drop in this pair over the last few weeks and if you read my previous posts on this pair I was wrong about the 145 area being the top though the first easy target after the drop was correct at 138.500 level which was the previous swing high in the current trend.
We are at this level now and just beneath it we have a daily DEMAND/BUY level starting under 138 I will be looking for BUY signals starting to appear under 139 as after that huge drop a correction back up towards 143-145 is on the cards.
If the top is in on this pair which it seems to be then you will be looking to sell the corrrection rally around 143-145 area and then ride the move down towards the Monthly DEMAND/BUY zone around 135 or lower.
I will keep you updated trade entries as they happen
