USDJPY Evening star pattern probability short for 133.00#usdjpy, Bar "A", "B", and "C" formed evening star pattern for short. 21st June bar "A" broke resistance to catch stop losses. Bar "B" inside bar confined within the range of the last bar. Bar "C" broke inside bar low confirmed weakness ahead. 133.00 first hurdle as a support if breach then next 132.30.
Usdjpyprediction
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS- JPY FEATURE is going down a bit right now. Somehow it will come back up. The main reason for this is that the MARKET SENTIMENT RISK ON TONE is still playing. JPY FEATURE stands at 0.0074 LEVEL. According to the JPY ECONOMIC PROJECTION, JPY can be WEAK in the future as well. Already JPY WEAK is coming with JAPANESE UPDATES. But if the MARKETS RISK continues to be ON, the USDJPY price may go up further. USDJPY stands above DYNAMIC LEVELS.
- Currently the OVERALL MARKET is RISK OFF. STOCKS is currently displaying a DOWNSIDE BIAS. And the VOLATILITY is getting a bit UP. Also COMMODITIES still shows a DOWN SIDE BIAS. Currently there is only one RISK OFF TONE in the market. Therefore, all currencies such as NZD CAD AUD may definitely be somewhat DOWN in the future. Also JPY CHF can be UP.
- USDJPY PRICE can be REJECT from 138.61 LEVEL. For VOLATILITY UP, and JPY FEATURE UP.
If MARKET RISK OFF, it can continue to fall to USDJPY 128.66 LEVEL very easily after breaking the TREND LINE.
DeGRAM | USDJPY double toppedUSDJPY hit a major structural resistance level of 134.500 like a wall.
Price action formed a double top, indicating that the market cannot make a new high.
We expect some price relief or sideways move at the resistance.
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USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS⛔️ Today is a fairly important day for USDJPY. This is due to the release of USD CPI DATA. So it's a very HIGH IMPACT NEWS. We need to be vigilant about that. Currently, the USPJPY is being hit hardest by the JPY. This is because some of the things that JAPAN issues are DATA and UPDATES are somewhat NEGATIVE.
⛔️ JPY FEATURE is currently on the rise. Somehow it will come back down. The main reason for this is that the MARKET SENTIMENT RISK OFF TONE is still playing. But JPY MARKET is now CORRECTION and we see the nature of it. JPY FEATURE stands at 0.00768 LEVEL. According to the JPY ECONOMIC PROJECTION, JPY can be WEAK in the future as well. But if the MARKETS RISK continues to be ON, the USDJPY price may go up further. USDJPY stands above DYNAMIC LEVELS.
⛔️ Currently the OVERALL MARKET is RISK ON. Also the STOKES are turning a bit GREEN. COMMODITIES gives us a GREEN COLOR. So I'm trying to be a bit of a HIGH BEATA CURRENCIES BUY right now. Anyway VIX is getting a bit DOWN right now. Also BONDS PRICES show a slightly DOWN SIDE BIAS. BONDS SPREADS are GREEN. MARKET currently has a MARKET ENVIRONMENT with a NEUTRAL BIAS close to RISK ON.
⛔️ USDJPY PRICE can be REJECT at 134.47 LEVEL. For VOLATILITY UP, and JPY FEATURE UP. Due to US PCE DATA coming today, some changes may occur in USDJPY.
⛔️ USDJPY PRICE can go to 134.47 LEVEL. However, if the TREND LINE is BREAK, the USDJPY price may fall to 121.269 LEVEL.
DeGRAM | USDJPY short opportunityUSDJPY tested a level of 131.300 and failed to go higher.
That basically means bulls do not have enough strength to break that level.
We are expecting some price relief. The price could fall to the 127.500 level.
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USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS- Today is a fairly important day for USDJPY. This is due to the release of USD PCE DATA. So it's a very HIGH IMPACT NEWS. We need to be vigilant about that. Currently, the USPJPY is being hit hardest by the JPY. This is because some of the things that JAPAN issues are DATA and UPDATES are somewhat NEGATIVE.
- JPY FEATURE is currently on the rise. Somehow it will come back down. The main reason for this is that the MARKET SENTIMENT RISK OFF TONE is still playing. But JPY MARKET is now CORRECTION and we see the nature of it. JPY FEATURE is at 0.00762 LEVEL. According to the JPY ECONOMIC PROJECTION, JPY can be WEAK in the future as well. But if the MARKETS RISK continues to be ON, the USDJPY price may go up further. USDJPY stands above DYNAMIC LEVELS.
- Currently the OVERALL MARKET is RISK ON. Also the STOKES are turning a bit GREEN. COMMODITIES RISK ON TONE is what gives us. So I'm trying to be a bit HIGH BEATA CURRENCIES BUY right now. Anyway VIX is getting a bit DOWN right now. Also BONDS PRICES show a slightly NEUTRAL BIAS. But BONDS SPREADS are getting GREEN. MARKET currently has a MARKET ENVIRONMENT with a NEUTRAL BIAS close to RISK ON.
- USDJPY PRICE can be REJECT at 134.47 LEVEL. For VOLATILITY UP, and JPY FEATURE UP. USDJPY may change due to US PCE DATA due today.
- USDJPY PRICE can go to 134.47 LEVEL. Before that maybe a RETRACEMENT to 127.48 LEVEL can come up on the TREND LINE. However, if the TREND LINE is BREAK, the USDJPY price may fall to 121.269 LEVEL.
USD/JPY Short Opportunity: Breaks Below The Trendline Support USD/JPY breaks below the trendline support that created a short opportunity. In the H1 chart USD/JPY breaks below the trendline support. And next support is identified at 115.26 which we can keep our first target and second target 114.80
Sell Zone: 115.75
Stop Loss: 116.00
Target Zone 1: 115.30
Target Zone 2: 114.80
USD/JPY 4HR BUY SET UPHi TRADERS this is my trade set up for the USD/JPY for the new week ahead
USD/JPY I am expecting a pullback to the order block zone, this pair is still looking bullish to me overall, so will looking for buy trade only
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
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USDJPY Movement for weekly (30 Aug - 06 Sep 2021)Hellooo...My Dragon Friends
I see USDJPY for last one week not going any where.
but candle move going smaller, make Symetrical triangle.
Lets see where blue line will break. break up line will going up and break down line will going down.
Lets See
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Disclaimer On
USDJPY H4 FORECAST BUY 1.5R TARGETWe consider to buy this pair because the New Jerusalem Ultimate Band Indicator signal line is very bullish though it suggests that there might be a short pull back and then the price will continue to shoot up before we get stopped out. Also the price has attained a strong support from the New Jerusalem Band Indicator lower line suggesting a strong bullish move awaiting the market to open so that it may continue to manifest. We manage and protect our capital buy using a reasonable lot size and not to risk more than 2.5% of our capital and we open one position only until we hit our profit target. Our exit levels are as shown on the chart. Wish you a successful week ahead.
USDJPY- Let the bulls run! Long Market Structure is there! There should be a lot of fuel for the run and we can wait for a break of structure to the upside to confirm it.
111.05 Level is an area of interest that is particularly interesting.
My bias sorry bears the bulls are out to play.
Comments are welcome! Have your say.