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Usdjpybuy

USDJPY Trading Plan - 16/Jan/2023Hello Traders, Hope you all are doing good!! I expect USDJPY to go Up after finishing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Long
by For3xScalper
2
USDJPY BuyExpecting UJ to slowly break into a buy after staying within resistance and support prices 132.600 and 131.600 since early Monday. MA convergence here + indicators show signs of a nice upward movement. I am also expecting the 10-year bond auction today to favor USD as well, which should drive prices for the short-term. Buy Entry: 133.000 Targets: 133.375 | 133.700 | 134.100 | 134.430 Resistance: 134.750 Be sure to like this post and let me know what you think in the comments below.
Long
by DollarYenQueen
3
Two currency trades to consider in January The first month of the new year is upon us and with it a new batch of trading opportunities. But where are the trading opportunities this month? With no knowledge of what surprises may lurk around the corner, we can turn our attention to the Economic Calendar to see what events will occur and think about what assets might likely be affected by some wild swings in response. US dollar On Friday 13th, we have December inflation data from the world’s largest economy; the US. Inflation in the US has been slowing for the past five months and it is again expected to dip further in the latest reading. But, by how far is the big question. The market consensus is pointing to a fall from 7.1% to 6.5%. US inflation data is about the most interesting economic event for traders of the past few months as traders try to use it to gauge the economic consequences (and the desirability of the US dollar) of it falling too fast or not fast enough. A trade against the British pound might be a good call with the nation’s GDP data also due on the 13th, followed a few days later by its own inflation rate data. Japanese dollar We have both an important BOJ Interest rate decision (18th) and Inflation data (20th) emanating from Japan this month. The reason this is important is because the BOJ recently widened its target for 10-year government yields yet noted that it actually sees inflation falling back from its current 40-year high without it needing to change its ultra-loose monetary policy. Some market participants, including Trading Economics are pointing to Japanese inflation rising still higher, by 10-basis-points, for its December reading. All these seemingly hard-to-amalgamate perspectives means the Japanese dollar might be a good trade this month, against the US dollar, pound, or Australian dollar.
by BlackBull_Markets
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 Be sure to like this post and let me know what you think in the comments below.
Long
by DollarYenQueen
1
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 Be sure to like this post and let me know what you think in the comments below!
Long
by DollarYenQueen
4
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. The four golden rules of trading 1 Don't be greedy 2 Always use stop loss 3 Never add other positions to the losing positions 4 Use a suitable lot for your account ❤️Please, support our work with like & comment!❤️
Long
by zaidhatem
5
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. If you want to trade like a proven funded prop trader take a look at my coaching sessions below Learn Order Flow Trading www.fiverr.com Learn Fundamental News Trading www.fiverr.com Trading Psychology & Risk Management plus all my tools on this session www.fiverr.com Learn Market Sentiment and implement to your trading www.fiverr.com Learn by Watching over my Shoulders www.fiverr.com
Long
by Investing_Bridge