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Usdjpyshortsetup

USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS#USDJPY - At this point, USDJPY is getting somewhat RANGE. The reason for that is that with US ECONOMIC DATA being POSITIVE, UJ was BUY very well until last week. And FED UPDATES were very POSITIVE. Last Friday's LABOR DATA shows that the dollar continues to strengthen. So JPY went down automatically in previous days. But with the intervention of the BANK OF JAPAN, there is now a very good demand for YEN in the market. LABOR DATA is due this week. - Currently, the MARKET is becoming RISK ON, that's why the JPY is WEAK. According to the USDJPY ANALYSIS we gave earlier. But JPY is getting STRONG against USD. - There is definitely a high chance that USDJPY will go UP a little more and move to 145.60 LEVEL. Anyway, USDJPY price can go down to 136.00 LEVEL after that. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE. usdjpy
by benny_marshall
20 reason for sell USDJPY1 Structure analysis time frame BEAR 2 target time frame : DAILY 3 Current Move : IMPULSE 4 Entry Time Frame : H1 4.1 Entry TF Structure: CORRECRIVE 4.2 entry move : RETRACEMENT 5 Support resistance: base H4 ORDER BLOCK 6 FIB: DISCOUNTED AREA 7 candle Pattern: 3 BLACK CROW 8 Chart Pattern: ABCD ELLITE WAVE 9 Volume : DRIED 10 Momentum UNCONVENTIONAL Rsi: RANGE SHIFT BULLISH TO SIDE WAYS 11 Volatility measure Bollinger bands: VOLATILITY DIVERGENCE 12 strength ADX: SIDE WAYS 13 Sentiment ROC: USD STRINGER IN BIG PIC 14 final comment : SELL FOR SHORT TARGET 15 : decision : SELL 16 Entry: RIGHT NOW AT OPENING 17 Stop losel: 148.5 18 Take profit: 144.50 19 Risk to reward Ratio: 1:5 Excepted Duration : 3 DAYS
Short
by Optimum369
USDJPY Where To Next ???So we have retraced nearly all of last Thursday's big drop down only taking a couple of days to retrace back up. Looking at the 4hr charts we can clearly see the markets are moving sideways depending what your bias is you could see this movement as a re-accumulation phase basically a pause in the uptrend before making new highs or.... You could see this as a Distribution phase which is what happens after a huge move up and is the market preparing for a move down personally this is how I am seeing the market given the fact that we are extremely overbought on all the higher timeframes and had intervention at this level last week. Also if you notice the DXY has been on fire again this week printing new highs whilst the USDJPY has just been grinding indicates we are ready for a drop. I am waiting for my indicator to give me a Daily SELL signal at the current levels and I will enter this market. The 4hr chart is already giving me SELL signals meaning this trade may happen soon the STOP LOSS will be well above last weeks high and will target around the 139 previous HIGH or lower. Obiviously given the current markets and the strength of the DOLLAR we could blow higher though only a clean break and DAILY close above 145 will confirm more upside though any increased volitility to the upside iss likely to cause more intervention by the Japanese. We are very near if not at the top of this market if we do move up from here it will not be too far likely hitting 147.5 let's see for me the best longterm R/R on this pair is positioning into a SELL let's see what happens
Short
by TheFxAce
1
USDJPY 4Hr Short! This idea is VERY SPECIFIC (and simplified) in that: Price has tested and closed (this past week) below a very important Daily Resistance Price = 119.322 Resistance Price 119.322 has corresponding Supporting Price at 116.488. This idea remains valid only if downside Rejection at 119.322 sustains-- Meaning, price in time will drop to Support 116.488 for tests-- And failure to support at 116.488 will cause further decline to 111.028 for tests. What if 119.322 turns to Support? Next Daily significant Resistances are 120.681 | 123.353 | 130.945 Visit USDJPY previous idea following this link: Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Comment, Follow, (...) Thank you. Happy Trading.
Short
by legacyliked
USDJPY | Still in downtrend.If you find this technical analysis useful, please like & share our ideas with the community. What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis. Good Luck! 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.
Short
by maxprofprofile
1
USD/JPY SHORT SELL NOW... 💹USD/JPY ⏬SELL STOP @ 115.095 ((Scalping Trade)) ✅TP-1# 114.873 ✅TP-2# 114.650 ⛔️SL 115.414 N.B- MUST USE SL BECAUSE ITS WAVE CORRECTION ENTRY AND DOLLAR HIGHLY STRONG.PLZ! FOCUS TP1. AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals If you like this idea, do not forget to support with a like and follow. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad.
Short
by AronnoFx
USD/JPYThe US dollar initially rallied last week to reach towards the ¥115 level. That is an area that is a large, round, psychologically significant figure, and now it looks like we are ready to continue breaking down in the short term. The ¥112.50 level underneath could be a potential support level, and perhaps a potential target. At this point, we will continue to move based upon risk appetite more than anything else. I do believe that we will continue to see a lot of noisy behavior, but I think ¥112.50 is the target.
Short
by SmoothJB
USDJPY: Three Take-Profit prices on running Short! Previous update on analysis quoted reason for executed Short 116.183 Entry. Though 4Hr timeframe slightly differs, Daily has Three price-action prices for Take-profits on running Short. ie 114.442 | 114.242 | 113.991 Reasons: 112.645 | 114.242 zone is previous Support/Resistance zone likely to see Retest. 114.442 and 113.991 respectively, are 0.5% and 0.618 following Fibonacci Swing Lo-Hi retest zone. The quoted Three prices, if examined, could give reason to reverse the trade for upside breach at 116.183 for 117.254 | 118.713 zoned targets. Conservatively, further decline could see tests at zones: 112.873 | 112.440 112.259 | 111.505 & 111.826 | 110.684 Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Comment, Follow, (...) Thank you. Happy Trading.
Short
by legacyliked
USDJPY | Strong Bearish Trend. When it comes to USDJPY , a while ago, we've seen a strong impulse to the upside. And got rejected from a resistance. Right now price is staying near a supply zone as well. We also seen a multiple rejection from that area as well, which clearly shows the selling strength. Looks like there aren't many support areas till S1. So you could start booking profit from S1, which was the previous resistance area. If you find this technical analysis useful, please like & share our ideas with the community. What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis. Good Luck! 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.
Short
by maxprofwizard