Usdjpylongsetup
More downside for the USDJPY but capped in a range.It looks like there is more downside to come for the DXY though the move will likely be capped in a range. This downward move can get some support at around the 114.6 or 114.2 levels before it hits the bottom of the range. What the price chooses to do at those levels will be largely dependent on what the central banks do. Is the federal reserve going to turn more hawkish than they already are? Or are they going to stick to the original plan?
USDJPY | Might get an impulse to the upside.If you find this technical analysis useful, please like & share our ideas with the community.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
USDJPY (LONG) 🔥🔥🔥A clear break of structure, I am expecting the market to reverse back into my OB before continuing the BULLISH trend. Make sure you're following the channel so you won't miss a top-notch analysis like this!.
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Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck
GBPJPY will it hold?This 155.214 level for the GBPJPY is extremely crucial? Will it hold for more sustained upside or will this range bound trading continue? I am slightly bullish to the upside for one last blow off top. But there are other pairs that have clearer direction. If you'd like to enter a trade, control your risk and expect price to turn against you. I'd personally long 155.214 at less than 1% of my account size and ride it to 160.
USDJPY SHORT-TERM SHORTS 📉📉📉📉 Expecting bearish price action on a short-term perspective on UJ as price should close the bullish imbalances, the shorts will be till price reaches 114.500 where we have a lot of conflunces to go long bullish orderblock on h4 + d1 bullish imbalance.
What do you think ? Comment below..
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.
USD/JPY 4HR BUY TRADEHi TRADERS this is my trade set up for the USD/JPY for the new week ahead
USD/JPY DRAGONFLY DOJI on the daily chart so after a big trend down we should have a nice reversal for a long trade
so i will be looking for a pullback to order block zones to take a buy trade
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
Indecision for the USDJPYThis chart looks indecisive, the bias is to the upside. If it is going down, there's going to be a long struggle where price trades sideways for an extended period of time. From an elliot wave perspective, looks like it is due for a wave 5.
BULL CASE
Price to break farther up from here, retest the top of the channel and find a higher high. This could be a rather short wave and we may find rejection as soon as 115.
BEAR CASE
The downside should be rather capped for this pair and if there's a big one coming, it will need to trade sideways for a bit.
UsdJpy- Rise to 118.50?There is no doubt that the overall trend for UsdJpy is strongly bullish and after reaching a recent high above 114, the pair corrected some of the gains.
The spike under 113.30 support was short-lived and quickly reversed giving us a signal that bulls are here and are very strong
Now UsdJpy is trading just under local resistance and a break looks imminent.
Once we have this break we can expect continuation to the upside and 118.50 is my target for this rise