USDJPY LONGUSDJPY is following a long term trend. Making higher highs and lows. the point where it stands has the liquidity in itself. Just place a long order and book some profits.
Happy Trading.
Usdjpysetup
USDJPY Movement for the weekLast Friday showed the struggles between buyers and sellers with almost full bodied candles negating each others movement on a supply zone.
As we can see on the chart, price currently struggled to get above the supply/resistance zone but it wasn't successful, and with the last 3 red candles we saw on Friday, I am of the opinion the BEARS are back.
I won't say for sure until I see price cross and close below the purple 50 EMA which would make our first target 130.79.
Feel free to comment. Please like and follow for more updates
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 H1Hello traders, i am watching price to come around my mentioned area and looking for a next short position opportunity, watch USDJPY in a mentioned area according to your own trading strategy and look for a short position opportunity for a short term trade setup.
This is just analysis
GOOD LUCK & GOOD TRADING
USD/JPY - (massive!!) LONGBlah, blah, blah. ... Blah, blah, blah. Buy it up!
It's a massive LONG , here.
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.
USDJPYHello traders, USDJPY is setting up for a short term downside move watch mentioned potential area for a short position opportunity, if your strategy allow you to trade it.
This is just analysis
GOOD LUCK & GOOD TRADING
#USDJPY- UPDATED 600 PIPS SELL SETUP!!Hey Everyone, as SVB banking crisis began FED had to get involved and market was too volatile since the morning and that is why some of the USD pairs had affected significantly, our last setup bounced and was +100 after the london session began price dropped significantly.
USD/JPY pulls back into resistance for potential swing trade The US dollar has continued to face selling pressure following the collapse of Silicon Valley Bank, as traders bet that the Fed may pause their tightening cycle at next month's meeting. Whilst Fed fund futures imply a 60.5% chance of a 25bp hike (or 39.5% odds of a pause), this is quite a sudden chance considering the curve suggested ~80% chance of a 50bp hike last week.
US inflation data is released in ~14 hours and is likely to be a closely watched report, as a soft print could increase odds of a pause, weigh on the dollar and send USD/JPY lower. Yet a hot inflation print likely cements a 25bp hike and sees the dollar coup some of its losses.
Purely on a technical front, USD/JPY looks appealing for a bearish sewing trade. It has an established downtrend on the 1-hour chart, and prices have retraced higher into a resistance zone including the monthly pivot point and weekly S1 pivot. A rising wedge / bear flag is also forming, which generally breaks out in the direction of the underlying trend. A weak inflation report could likely help.
The bias is bearish beneath the recent cycle highs and for a move down to 132.
USDJPY, D1 Technical Analysis | 14 March, 2023USDJPY, D1 Technical Analysis. Here's the next possible moves.
USDJPY possible drop to monthly supportCurrency Pair : USDJPY
Possible direction : Bearish
Technical Analysis : After a daily middle mand last day of trading week, today market open with strong week less candle and price has broken down with strong impulse from long consolidation. From Monthly perspective, there is rejection from monthly resistance level and highly likely price will test the monthly support zone.
Possible trade recommendation : Bearish as per chart sketch
Press like button if you enjoy.
Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
Ready For Next Move : USDJPYAccording to our prediction in few hours Trend can be change.
So it Good for Short in USDJPY.
ENTRY. : 136.198
STOP LOSE. : 13 PIPS
TAKE PROFIT : 26 PIPS
WAIT FOR Next Update.
USDJPY 2 March 2023Trade Plan
Series of LH and LL
Confirmation of Bearish trend and then new
lower low and failed to produce new HH Entry
Bearish Candle Stick Formation near LH
1) Hanging Man
2) Shooting Star
Short Call
Entry Price : 136.336
Stop Loss : 136.493
Target 1 : 136.154
Target 2 : 135.977
USDJPY Long Term Analysis (4H Chart)Technical Analysis Summary
USDJPY
TREND ANALYSIS
We have 1 Uptrend in green color Internal Trend (Long Term)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White levels Levels are very tight stop losses that could be used in high leverage future trading.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
USDJPY 24 FEB 2023As per Dow Theory this setup seems to form new Lower Lows on 30 min frame.
Trade Plan
SHORT CALL
Entry Price : 135.066
Stop Loss : 135.377
Take Profit1 : 134.700
Take Profit2 : 134.362
( Lot Size 0.44 as per Capital of USD 10000 1% Risk)
USDJPY Key Resistance Level!USD-JPY is hit
The horizontal key level
Which is a strong supply area
So I think that the pair
Will make a bearish correction
From the level
USDJPY AnalysisHello Traders, Here is my usdjpy analysis for both Short & Long opportunity.We can see here is a good resistance zone. If 12Hour candle close above or close below this zone then we can take trade short or long positions.
If you find useful please appreciate me by like this ideas and Your views.
Thanks.
USD/JPY POSSIBLE SETUP UPDATEHey Guys!
The usd/jpy's possible set up was reset back to neutral today without any entry opportunities.
In this post, just for educational purposes, I explain how this set up was reset back to neutral as well
as how I was viewing this pair for the last couple of weeks.
That's it!
I'll keep you guys updated!
Have a great day!
Ken
USDJPY: A RALLY EXPECTED.Hello traders,
Dexter here with a quick update on USDJPY. This update is on the daily chart and if you are into forex trading then it is going to be helpful for you.
After 84 days of bleeding reds, the USDJPY is showing some signs of recovery. A straight -16% drop has formed a falling wedge pattern and the current price action is indicating a rally around the corner. Currently, USDJPY has broken above the symmetrical pattern as well which looks good and if the market goes under the favor of bulls then we can expect the USDJPY to reach ¥138 in the coming days. The invalidation point for USDJPY will be ¥131.2 support level.
Key points:
* ¥131.2 support level.
* ¥138 expected target.
I hope this update was helpful to you. Trade safely.
USD/JPY Short Term BUY....
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE.
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!
USDJPY Trading Plan - 8/Feb/2023Hello Traders,
Hope you all are doing good!!
I expect USDJPY to go Down after finishing this correction.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
