Usdjpysignal
USDJPY 29June2023if you look at the price movement in the past week it looks very slow but the price is still moving bullish, this looks like price compression. usually when something like this happens, in the near future there will be a fairly high price jump.
the initial target is still the same, namely in the fibo extension area of 1,618 and it could be that the price jumped high towards the SnD area above the fibo extension.
USDJPY Top-down analysis Hello 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.
DeGRAM | USDJPY pulled back against the major trendUSDJPY is trading in the ascending channel , making higher highs and higher closes.
Price is returning to the support level as a result of the market's pullback.
The marker is likely to go up from the kill zone.
We expect a retest of the resistance level.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
USDJPY: Breakout bullish channelEven if sellers break the immediate support level at 143.20, a two-week uptrend around 142.40 acts as an additional downside filter.
Notably, the upward sloping trendline from early May and the 200-SMA, near 140.80 and 139.40 respectively, serve as additional support levels for the bearish USD/JPY before taking control.
On the other hand, an eight-week-old uptrend, with a slowest near 144.30, limits the immediate upside of the USD/JPY pair.
USDJPY 23June2023if you look at the elliot notation and fibo extension placement, then wave 3 is right at 1.618, which means wave 3 is already 1.6x longer than wave 1.
I want to predict where the USDJPY price moves using the fibo extension, and it could be that the price goes to the fibo extension of 1.618 as well. if you look at the trendline, there is a possibility that the price will respond positively to the trendline, which also meets the fibo extension area.
I think this notation is quite correct, because wave 3 is not the shortest wave. as evidenced by the price at 1,618, and wave 5 could be a bullish continuation, this type of bullish can run for quite a long time. if you want to go short, it's better to wait for a fairly positive bearish confirmation.
#USDJPY 4H | 1H Sell🔘Broke the structure on the 4H timeframe
🔘Broke the structure on the 1H timeframe (confirmation)
If we break the red level on the 1H timeframe, we we'll go a little higher before drop, but if we break the red level on the 4H timeframe, the analysis becomes invalid🙅♂️
Good luck 🙌💪
USDJPY Top-down analysis Hello 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 analysis Hello 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 analysis Hello 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 analysis Hello 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.
Potential Long Trade Opportunity in USD/JPYBased on analysis, an enticing opportunity has emerged for a potential long trade in the USD/JPY currency pair. The suggested entry level for buyers is at 140.000. 📈💰
To maximize profit potential, a take-profit level has been set at 140.300, targeting a potential upward move in the market. 🎯💥
To manage risk, it is crucial to set a stop-loss (SL) level at 139.925, ensuring protection against potential adverse price movements. 🛡️⚠️
Remember, market conditions can shift swiftly, so it is essential to stay vigilant and adapt your trading strategy accordingly. As always, exercise your own discretion and adjust the stop-loss and take-profit levels based on your risk tolerance and trading plan. ⚙️💪
Successful trading relies on diligent analysis, effective risk management, and disciplined execution. Wishing you the best of luck and profitable trades! 📊💼✨
#TradingView #USDJPY #LongTradeOpportunity #TakeProfitTarget #TechnicalAnalysis #MarketAnalysis #RiskManagement #TradingStrategy #ForexTrading
UsdJpy- Consolidation before resumption to the upsideAfter the strong leg up started in the middle of May and the break above 137.50 important resistance, UsdJpy reached a high at 141 zone and has started to consolidate.
The consolidation is forming a symmetrical triangle which usually leads to continuation.
We can consider two bullish scenarios for this pair:
1. A break above the triangle's resistance and a rise to 145 zone
2. A break of triangle's support and a retest of 137.50 zone support followed by a continuation of the up trend.
As for negation, 137.50 is now confluent support and a break of this level could put the pair on a downtrend
USDJPY: Movements in a volatile market!The hurdle for raising rates this month is higher, implying fresh US Dollar falls
The Consumer Price Index (CPI) report is the final significant piece of information before the bank's decision. However, it's doubtful that it will alter the current situation. The bank's inclination to take a break, as indicated by May's Nonfarm Payrolls and echoed by Fed Chair Jerome Powell, suggests that they will stop raising interest rates. As bond markets haven't priced in this possibility entirely, there's potential for the US Dollar to weaken further in conjunction with returns on US debt.
USDJPY ____ INCOMING BULLISH MOVEHello Guys,
USDJPY just cleared buy-side liquidity and is heading should head for the daily FVG.
Also, based on my outlook for the dollar index (see below for analysis), USDJPY should continue the rally but first, it needs to go into the daily order block to gather orders and momentum for this move.
Follow for more updates.
Feel free to DM me.
Dollar Index analysis
Other USD-related pairs
GBPUSD analysis
NZDUSD analysis
Cheers,
David
USDJPY 11June2023when wave 5 looks over, now enter the correction period, I have not added the new elliot notation, I have not seen the pattern that will occur even though the price movement looks positive for a correction. short term the price will drop to the SnD area with invalid restrictions, when the price moves higher than the invalid area it could be bullish again or there may be a fake break out.