usdjpyThere is a high possibility for the dollar to rise against the yen, with the breach of the bearish flag, forming an ascending channel
Usdjpylongsetup
USDJPY possible sell zoneCurrency Pair : USDJPY
Possible direction : Bearish
Technical Analysis : After a strong breakdown on the daily ( strongly influenced by JPY strength) USDJPY currently forming a symmetrical triangle which may break to the downside again as this may continue to trend to the downside to test the long term order block. From higher timeframe we can see possible downward move and, therefore, this price may continue to drop after liquidity grab from short term resistance zone.
Fundamental : Silicon Valley Bank collapsed has given safe heaven JPY strong boost.
Possible trade recommendation : Bearish as per chart sketch
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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 definitely a high chance that USDJPY will go UP a bit more and move to 135.610 LEVEL. Anyway, USDJPY price can go down to 124.739 LEVEL after that. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
#USDJPY- Let's take another big swing BUY entry together!!Dear Traders, after we had negative report on #DXY which has led most of the pairs tricky to trade with, USDJPY, we had 750+ take profit achieved in our last setup that was posted, now as we have a good area to enter. Price needs to drop to 4HR ORDER BLOCK where we expect price to reject strongly. Stop loss can be between 50-80 pips, take profit must be 400-400 pips once enter.
VERY BEARISH! have a look at this....1. Bearish bat formation completion at daily resistance level.
2. Ascending channel completion at daily resistance level.
3. Equal measured move completion at daily resistance level.
4. Daily resistance level previously respected.
5. RSI (7) strongly overbought.
USDJPY FractalUSDJPY Fractal
Trade Safe
The Risk management is always the Key
I will Update the Idea after 3 days From now stay tuned..
Good Luck!!
#USDJPY- 500 PIPS BULLISH MOVE EXPECTED-Hello Traders, so we had to send an updated setup to everyone who has been waiting for USDJPY to go all the way up and that is why after BOJ announced their decision to not change the monetary policy. We waited whole day yesterday for UJ to settle down and have a clear view!.
-Sellers are being exhausted and failed to take this pair lower low even when JPY BEING too bullish suggesting we are at the verge of having a strong bullish impulse.
WHAT YOU ALL THINK? PLEASE DO LET DOWN YOUR VIEWS IN COMMENT!!
PLEASE DO LIKE AND FOLLOW TO SUPPORT US SO THAT WE CAN KEEP SENDING THIS HIGHER PROBABILITY SETUPS!!
USDJPY- GOOD POSITION FOR BUYERS!!Dear Traders, Hope you all doing great, recently we have seen some bullish momentum and that is why our bias and area of entry has changed drastically. For this pair an ideal enrty would be to wait for it to come to our area of entry where we can go long for swing.
What do you think? Comment down!!
USDJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
usdjpyUJ was long from overnight monday.. 134 npoc.. from value area.. from high volume spike.. oderflow conformation
USDJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 - Long; Buy that Hammer!This ought to be good for a fairly low maintenance +400 points, although this is one of the less desirable $ Longs - vs. the EU and company, and the GBP - on the long run.
But for now ... It's good to go.
USDJPY LongCurrently the price is moving an uptrend making two touches of ascending trendline, the price managed to break past resistance level which is also a last week high, turning the level into support level.
My bias is bullish so i will wait for the price to retest support level, also making a third touch of ascending trend line, if i can get confirmation i will take a long position.
USDJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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- A GREAT OPPORTUNITY TO GO LONG!Dear Traders, we have a good opportunity where we may expect price to come to our area to area to be filled and possible order block!!
LET'S GET TOGETHER!
yen is looking strong USDJPY
broke out descending trendline during NFP data and little correction on Trendline and then will see a good bullish move towards mentioned resistance zone
Last week strength to Dollar give a new life to Yen. Which is suitable for long time at this time price needs a correction of it is done in our direction surely will go up from the support to make new High
upcoming fundamental will play a important role
#USDJPY- VERGE OF BULLS TAKING OVER!!Hey Traders, USDJPY has have faked movement in last two months since we had BOJ news on interest rate, the pair had reversed from over previous setup on #USDJPY. However, most things has changed since then firstly we have undecided DXY movement we have not had a clear dictative move. Hence, as we have NFP next week we are eying for DXY to drop until Friday as traders are eying on the data to be supporting for DXY.
-Potential entry would be the area described in the chart, will keep you updated.
Trade Safe and Good Luck!!!
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 that the JPY is starting to weaken quite a bit. It happened because of the BOJ MEETING. This time after the FOMC, the dollar has also weakened.
- Due to MARKET RISK ON, all MARKETS including STOCKS and COMMODITIES are going up a bit now.
- There is definitely a high possibility that USDJPY will go UP a bit more and move to 133.67 LEVEL. Anyway, USDJPY price can go down to 125.02 LEVEL after that. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
USD/JPY POSSIBLE SETUPHey Guys!
I'm currently watching the usd/jpy pair for a possible daily bias setup.
In this post, I explain the reasoning for the setup including the stop loss and target levels and further explain what I'll be looking for in order to confirm this set up.
I'll keep you guys updated!
Have a great day!
Ken
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 that the JPY is starting to weaken quite a bit. It happened because of the BOJ MEETING. This time after the FOMC, the dollar has also weakened.
- Due to MARKET RISK ON, all MARKETS including STOCKS and COMMODITIES are going up a bit now.
- There is definitely a high possibility that USDJPY will go UP a bit more and move to 133.67 LEVEL. Anyway, USDJPY price can go down to 125.02 LEVEL after that. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
