USDJPYThe price breaks the trend, and according to my analysis, the price will have a correction, then we will see a position to sell.
Usdjpyidea
USDJPY - Buy/Long at Pullback/Support - Uptrend ContinuationUSDJPY Buy/Long
Buy 134.385
Looking to buy at this level to see the continuation of the uptrend, this could be a good pull back level and this buy zone is previous resistance which could turn support. Also lines up with the 0.382 Fib level, (0.50 Fib Level is also covered by our stop los), should price decide to hit that.) After Fridays NFP results, US printed stronger than expected employment figures so I think we will continue to see bull strength.
Stop: 133.828
Stop has been set at this level, i have given the 0.382/buy zone some breathing space, also as mentioned previously 0.50 fib level is covered within this stop area. if price hits stop I would no longer believe price is respecting this zone and would look for another buy opportunity at 133.00 level.
TP: 136.630
Take profit has been set at 136.630 - this is a key Daily support/resistance area. Look at moving stop to break even and trailing profit.
USDJPYThe price breaks the trend, and according to my analysis, the price will have a correction, then we will see a good position to sell.
USDJPYThe price break of the trend, and according to my analysis, the price will have a correction, then we will see a good position to buy.
USDJPY Forecast/ Dollar Yen IdeaAfter the sharp downward movement, the Dollar/Yen, experiences a price correction to its support range, around 133 to 134.
Time to go long USDJPY?For the time being should not hesitate to take additional easing measures if necessary. It is appropriate for the Bank to maintain the current forward guidance for the policy rates.
In this situation, it is appropriate that the Bank encourage wage increases through monetary easing, aiming to achieve the price stability target in a sustainable and stable manner.
Given that a rise in some determinants of underlying inflation , such as services prices, and CPI inflation exceeding 2 percent in a stable manner have not come in sight, it is natural to continue the current monetary easing.
USDJPY Bull trap in PlayHi there,
USDJPY has just retested the downtrend line and it has not broken the trendline which means this pair will resume the downtrend on Monthly timeframe again
We can easily go to 80 target again in couple of next months, or to new lows, DXY has peaked from the Monthly charts aswell + massive divergence in Play on USDJPY Monthly chart
Time to go long USDJPY?For the time being should not hesitate to take additional easing measures if necessary. It is appropriate for the Bank to maintain the current forward guidance for the policy rates.
In this situation, it is appropriate that the Bank encourage wage increases through monetary easing, aiming to achieve the price stability target in a sustainable and stable manner.
Given that a rise in some determinants of underlying inflation, such as services prices, and CPI inflation exceeding 2 percent in a stable manner have not come in sight, it is natural to continue the current monetary easing.
USDJPY Possible Bullish trendUSDJPY has already tested support at 4h time frame, so now it's a possible bullish reversal from here
Note Trade at your own risk. Its just an idea
USDJPY has formed reversal on daily, possible drop!!USDJPY( Daily) was in a bullish move for the long term. The price action only daily has created a reversal pattern and on the close of the monthly candle, we could see deeper retracement and a potential drop in USDJPY. We see a double top, followed by a head and shoulder and, today's daily candle has just tested the neckline of this double as resistance and strongly rejected. At the same time, daily head & shoulder has lower highs on the right side. As the monthly & weekly close is nearing, there is highly likely that USDJPY will come for a deeper retracement to the downside!!
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Thank you!!
DeGRAM | USDJPY short opportunityUSDJPY is coiling up at the resistance zone.
Price action has momentum and the trend will probably continue.
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Long USDJPYWith our investment team, we have prepared a new trading idea for you , where we are looking at taking advantage of a possible uptick in the USDJPY price. The trading set up that we have has the below parameters:
USDJPY BUY @ 136.578
TP: 137.728
SL: 136.119
USD/Jpy will be bullish again.USD/Jpy will be bullish again.
Looking at the H4 chart, I see the price is still bullish. There is a bullish engulfing and the kumo cloud looks up.
I am trying to go long with RR 1:5 for this transaction.
USDJPY top-down 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.
DeGRAM | USDJPY swing zoneUDSJPY is making higher highs, indicating a bullish trend.
Price action created a simple breakout - pullback - continuation pattern.
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USDJPY SHORT (190 PIPS)USDJPY has been on a bull run lately, currently in a possible trending zone. Expecting USDJPY to follow the trend and fall to 135.480. If UJ breaks my breakout point at 135.480 completely, i will be expecting a head and shoulder formation, whic h might take USDJPY down for more than 800 PIPS!!!
USDJPY top-down 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.
USDJPY 1H PROJECTIONUSDJPY 1H PROJECTION
As per Elliott wave 5 wave structure + Triangle correction.
As per market structure, the previous high did not brake yet so, a higher probability to drop like a waterfall.
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USDJPY UPDATEI still believe that the trend is downward and will continue in the coming weeks and days.
USDJPY The first scenario of falling prices in the next day to low levels in case of reversal up to 138
USDJPY and CADJPY top-down 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.
DeGRAM | USDJPY compression channel USDJPY is creating a compression channel near the resistance level.
A false break at the resistance level would be a great signal to short.
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