⭕️BUY USDJPY at the best place and time 😉 ❗️🔰You can see the analysis of the US dollar in Japanese yen in a four-hour time frame(USDJPY _ 4H)💣🔍
⚪Due to the overall price uptrend, the best area to buy overlapping❗ area is the black🖤 uptrend line and the broken downtrend line is orange🧡 and DEMAND zone❗❗ If the price reaches this overlapping area, it can have an upside to the SUPPLY zone🚀🔺
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Usdjpyidea
USDJPY is in possible buy zone!!USDJPY has just been bounced from the local trend line creating a bullish doji. This instrument is long-term bullish market and now on the weekly we see a bullish candle is being created which is highly likely will continue to rise.
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USDJPY, USDCAD Multi timeframe analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
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USDJPY Multiple timeframe analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
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USDJPY is in buy zone!!USDJPY (4H) Has formed a very strong bullish price action on the 4H with bullish engulfer which has broken out of the local resistance. It is highly likely that USDJPY will continue to rise and long term trend is up and price is moving in the direction of the long-term trend.
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USDJPYThere is divergence in monthly, weekly, daily and 4H, and the RSI shows us oversold. the price is under the top line of important channel. i think the price wants to change the trend but it is following DXY, so we should have analysis of that to have a position in USDJPY and wait for more signs.
DeGRAM | USDJPY short opportunityUSDJPY has reached major structural resistance.
Price action is testing a psychological level at 139.000.
A false break is going to be an ideal short entry signal.
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USDJPY possible breakdown!!Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
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USDJPY is set for rise!USDJPY (D) long-term bullish market. Currently, the price resumed its uptrend and we can see a very strong bullish engulfer has been created on the neckline of the double bottom on the daily timeframe. It is highly likely that the price will continue to rise from this bullish engulfer as there is no significant resistance on its move to the upside.
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20 reason for BUY USDJPY Update 28/08/2022
1 Structure 1/2: bullish
2 imbalances : target marked
3 Current Move1/2 : impulse
4 Entry TF : D1
4.1 ETF Structure: bull
4.2 move : impulse
5 Support Resistance: Support on 135.83
6 FIB: after trigger event 100% filled
7 candle Pattern: momentum
8 Chart Pattern: pole and flag
9 Volume : average
10 Momentum: bullish to sideways
11 Volatility : bullish
12 strength: sideways bull
13 Sentiment : bullish
14 Final Summary: buy with single confirmation
15Buy /Sell/Wait : buy
16 Entry: 137.6
17 Sl: 135.754
18 Tp: 144.440
19 Risk to reward Ratio: 1:3.5
20 Excepted Duration : 15
USDJPYEach person can see patterns in this chart based on their vision, such as triangles, wedges, or flags. Therefore, in my opinion, the template name is not very important.
Whichever pattern breaks, we will most likely see a sharp move in the same direction.
Observe the money management and the stop loss, the Fed is speaking today, and the Jackson Hole meeting is underway.
To notify you about the analysis, follow me and contact me if you have any comments or questions. (I will answer whenever I have time).
DeGRAM | USDJPY short opportunityUSDJPY has reached a major resistance level.
Price action has already rejected that level, like before.
Price action is moving in a ascending channel.
We expect test the support level and lower border of the channel.
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USDJPY still bullish.A few words about the current market. Two weeks ago I wrote:
The whole macro picture is still so weak that I find it really hard to write down: we're in a reflation trade now. I don't know how long it will last, but my guess is: until we get a sense how the September FOMC meeting might play out.
Yes, we are still in that trade, everybody hates it (including me), because fundamentally we shouldn't be. But we see it everywhere:
The market is ignoring hawkish Fedspeak
It's ignoring hawkish data (NFP last week)
It's rallying on dovish data ( CPI this week)
Sector performance is reflationary, high-yield spreads are narrowing, breadth is strong, the Aussie is performing, Commodities are off lows and so on
I still don't believe it's going to last, but for now it is what it is. So, again I reiterate my main message from the last two weeks:
Strong opinions, weakly held. Being nimble. Trading the market, not expectations. That's going to be even more essential for the coming weeks.
USDJPY possible sell zone!!USDJPY (4H) has formed a daily head & shoulder and has broken down. On the 4H price laready grabbed liquidity and has formed a bearing price action. also currently rejecting the monthly resistance zone. Upon close, USDJPY may drop to a daily support level.
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