USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS#USDJPY
- As of last day, the MARKET SENTIMENT for USD was slightly UP SIDE. The main reason for that is the JPY starting to weaken a bit and the short-term POSITIVE SENTIMENT against the dollar. Because it came with the NFP REPORT. The dollar weakened slightly after the FOMC last time. But the FED can raise the RATE HIKE or their CEILING RATE whenever necessary. Anyway, it was mentioned in the previous MEETING that the FED is still MONITORING INFLATION DATA.
- All MARKETS including STOCKS and COMMODITIES are going down slightly due to MARKET RISK OFF.
- There is a very high possibility that USDJPY will go up a bit more and move to 135.88 LEVEL. Anyway, USDJPY price can go down to 124.73 LEVEL after that. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
Usdjpylong
USDJPY LongGood Morning,
I hope everyone is having a wonderful week and trading week. What I have here is my analysis for UJ currently retracing, price has broken structure from our diagonal triangle. Now that price has broken and closed above the diagonal triangle structure, we will be waiting for a pullback and a rejection in my demand zone. Once price drops into the demand zone and has a strong rejection in that area, twill be executing a long buy and hold until price reaches the 134.500 area. If any of you have a similar chart analysis and/or agree with this et up, please leave a like and a comment.
Thank you
USDJPY - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on USDJPY.
Technical analysis: Here we can see that price failed to create a new lower low and broke the last high so for the confirmation of bullish market structure I expect price to fill the imbalance lower and then to reject from bullish order block.
Fundamental analysis: On Thursday 30th of March we have news events on USD, will be released final GDP for first quarter of 2023. The forecast for GDP is to remain the same as per last quarter, which means we would not have such big moves in market, however we should look for the results in order to validate our analysis.
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USDJPY Possible Long SetupUSDJPY broke major resistance that now is a major support on daily timeframe, and this major support coincides with the area of our ascending daily trendline, I believe that the price will touch it, and then it rejects, giving us a good entry for long, I will wait for confirmation and update the idea.
USDJPY: Potential Buying Opportunity Ahead Hello traders.
Looking at the naked daily charts on USDJPY, I sported a key level of Support and Resistance where I do expect the price to rise from there.
Moreover looking at the recent price action we can see pin bar which is a great signal of price rejection from the level.
For safer entry we shall switch to lower time-frames, putting other factors into consideration.
What is your option on USDJPY? Please comment , like and follow for more.
I kindly appreciate that 🙏, Nivea trading 🙌
Bullish Reversal to USDJPY on 1H timeframeAn emergence of a divergence in the USDJPY pair in a 1H timeframe signals a potential reversal to a bullish trend . Furthermore, I could see there was an evident falling wedge pattern that could be witnessed, signaling a possible opportunity to long the position
Strategy to approach this potential long trade for USDJPY:
1) Wait for the price to break previous LH.
2) Based on the calculation of lot size of 1.13, I would place a Buy stop on breakout point at 130.518
3) Stop Loss - 129.623
4) Keeping the risk/reward ratio to 1:1, I kept the Take Profit 1 level at 131.507
Strategy once Take Profit 1 is achieved:
1) Once Take profit 1 is achieved, I will revise the Stop loss level to the previous Take Profit 1 level i.e. 131.507 for breakeven.
2) For the 2nd leg of the trade my Take Profit 2 is 132.507
USDJPY : LONG (Inverse Head & Shoulder)according to my analysis (inverse)head & shoulder pattern used to place pending orders, it can be an effective way for traders to take advantage of potential price movements in the market. By carefully analyzing key levels, setting appropriate levels, and managing risk with stop-loss orders, traders can increase their chances of success in the markets
Thanks
USDJPY LongThis idea is still valid yesterday I gave The idea about USDJPY and it didn't confirmed the break out AND Price went falling down but USD JPY IS still we can long .wait for the Divergence confirmation once the Bullish divergence Confirmed We can enter to the long position. My target is DM(Daily mid) line. This is my personal view about this currency. Lease do your own research and follow your trading rules....IF u like to my idea pleas give me a boost and follow me through Trading view.
USDJPY - Short after filling the imbalance ✅Hello traders!
‼️ This is my perspective on USDJPY.
Technical analysis: As we can see here we are in a bearish market structure, so I am looking for shorts. I expect price to continue the retracement as on MACD we have normal divergence which indicates bullish price action. As well I see price to fulfill the imbalance higher and then to reject from bearish order block for a short position.
Fundamental analysis: Tomorrow we have news events on USD. Federal Reserve of USA planned to raise interest rate by 0.25%, also we have FOMC Press Conference the same day. The raise of interest rate means strength of currency this could support our bearish price action.
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USDJPY SellUSD/JPY consolidates the biggest weekly loss since January while bouncing off a five-week low to 132.50 during early Monday. In doing so, the yen pair tracks the recovery in the US Treasury bond yields to begin the key week on a firmer footing after marking a three-week losing streak in the last.
That said, the US 10-year Treasury bond yields rise six basis points (bps) to 3.49% while the two-year counterpart also adds five bps to print a 3.93% coupon at the latest. It’s worth noting that United States two-year Treasury bond yields marked the biggest weekly loss in three years while the 10-year counterpart dropped the most since early January.
USDJPY h1 main trend is still down. The price is currently in a short correction span. With this pair, traders can wait to sell down around 133.40, SL: 134.00, TP: 131.70
USD-JPY: TRADE SETUP (REVERSAL PATTERN= FALLING WEDGE)USD-JPY is expecting to have reversal move from its current position. This can be observed via Double Bottom Reversal Pattern as well as the presence of Divergence. The trade setup is designed for a LONG TRADE option for this FOREX Pair including with a projected price.
USDJPY BUYWe are Looking to Buy USDJPY for about 250 pips plus, so basically we are Currently waiting for confirmation to buy Waiting on price to Create A W pattern which means price create Higher Highs and higher Lows, Breaking the Trend line before we can take our buys So tell me what you think about my Analysis and Also About UJ.