USDJPYwhen checking the market, theres more than just lines and patterns. its about what you see. we can see that buyers are being trapped at the top and it will melt down a little until 143.900
Usdjpysetup
opportunity to buy usdjpy as yen weakensI see an opportunity to buy on the usdjpy currency, the next move will try to reach the supply area, the current price condition is at the previous resistance.
USDJPY on important LevelHello Traders
Keep eye on USDJPY
USDJPY has formed a bearish divergence on the 4H time frame and is currently price trading near the monthly resistance zone if bulls do not break this zone price will go down
USDJPY RSI Again Support 40 levelPrice action hovers around 200H MA. Break below will see more weakness. Next major support lies at 21-EMA at 139.81.
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS#USDJPY
- By this time USDJPY was very well BUY with US ECONOMIC DATA being POSITIVE. And FED UPDATES were very POSITIVE. So the JPY automatically went down. The other reason is that MARKET RISK is ON. And JPY WEAKNESS came according to their ECONOMIC PROJECTION. Therefore, with the SENTIMENT in the MARKET, the JPY became WEAK in a very short time.
- Currently, the MARKET is turning on and off a bit, that's why the JPY is going down. According to our previous USDJPY ANALYSIS, the USDJPY UPSIDE WAVE is going UP around 205 ++ PIPS. I hope you get it.
- There is definitely a possibility that USDJPY will go up slightly and move to 147.561 LEVEL. The reason for that is because the MARKETS RISK is already on, so it can happen. After that, the USDJPY price can be SELL at 132.669 level by BREAKING the TREND LINE. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
USDJPY Multi timeframe 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.
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USDJPY, USDCAD Multi timeframe 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.
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USDJPY - H2 - BREAK OF STRUCTURE CALLS FOR DOWNSIDEUsdjpy - H2 - I see a break of bullish structure on this pair combined with dollar weakness I think this pair is due for a decent pullback on higher timeframes. Expecting a sharp sell off on this pair. lets see how it goes
USDJPY Multiple timeframe 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.
Press like button if you enjoy this content 😊
Keep eye on USDJPY on important levelUSDJPY hit the resistance zone and formed the divergence if bulls do not break this level price goes down and if bulls break this resistance our next target will be 145.180
USDJPY SELL ANALYSISLooing at USDJPY on 1H timeframe
We looking for a possible SELL/SHORT position
We looking for a possible downward at this distribution phase
USDJPY possible sell zone!!USDJPY (4H) has formed a daily head & shoulder and has broken down. On the 4H price laready grabbed liquidity and has formed a bearing price action. also currently rejecting the monthly resistance zone. Upon close, USDJPY may drop to a daily support level.
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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.
Usd/Jpy Building Short Position Might be a little bit early. Wouldn't be surprised to see a short squeeze before this melts
USDJPY Sell Setup ?We are seeing the USDJPY to go down and break the 135$ mark.
Let's get started!
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Price is expect to reach the resistance market for price more fall , wait for the market to react on the current resistance or it can for double top. We can easily get a 250 pips profit.
USDJPY Break Below 55-EMA & Hold CloudUSD/JPY slumps to 6-week low, dismal US GDP data stokes recession fears
Technical Analysis:
USD/JPY slips lower for the 3rd straight session, hits 6-week low
Price action has broken below 55-EMA support and is on track for further downside
USDJPY Long (swing)Hey, Traders!
This forecast takes into consideration of the fundamentals of USD and JPY. More info in bio!
Here's our USDJPY forecast:
Daily structure is still bullish however, H4 is looking to be bearish for the time being.
To initiate long, we will be waiting for H4 to form a significant resistance and then break it for H4 to flip back bullish.
Immediate target would be 139 to retest the high but 140 is probable as well.
Let's capitalize off this move!
USDJPY SELL TRADE IDEAUSDJPY has been on downtrend. Respecting structure creating lower lows and lower highs. Higher timeframes confirm downtrend as no structure has been broken for possible buys.
Re-entry position for USDJPY. Price is in previous area of distribution as labeled on left.
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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