UsdJpy- Will it rise towards 150?In my previous UsdJpy analysis I said that selling UsdJpy is very dangerous and although 140 support could be challenged, the smarter and the safer way to trade this pair is to buy dips.
As you can see from the posted chart, every dip for UsdJpy was bought, bears are unexistent and there is a clear pressure in resistance.
I expect a break of this resistance soon and considering the target of the recent ascending triangle 160 zone could be the target for buyers.
Only a break under 141 would put the pair in some kind of " normality".
Usdjpysignal
UsdJpy- Buy dips is a smart trader's approachSince the important break of 116 resistance back in March, UsdJpy has risen around 30% and reached 145.
Although a 30% move for a pair like UsdJpy is a lot, this doesn't mean that a drop will follow and, as John Maynard Keynes said: " Markets can stay irrational longer than you can stay solvent", and with this in mind, a smart trader's approach should be to buy eventual dips, not sell in the hope of a reversal.
Technically speaking, 140 is support and around this zone, I will look for buying opportunities.
⭕️BUY USDJPY at the best place and time 😉 ❗️🔰You can see the analysis of the US dollar in Japanese yen in a four-hour time frame(USDJPY _ 4H)💣🔍
⚪Due to the overall price uptrend, the best area to buy overlapping❗ area is the black🖤 uptrend line and the broken downtrend line is orange🧡 and DEMAND zone❗❗ If the price reaches this overlapping area, it can have an upside to the SUPPLY zone🚀🔺
Do you think this analysis can be profitable❓❓
I hope the analysis was useful for you🤍🌹
📌Please introduce the channel to your friends 🙏🏻
__________📈TRADER STREET📉___________
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.
Press like button if you enjoy this content 😊
USDJPY is in possible buy zone!!USDJPY has just been bounced from the local trend line creating a bullish doji. This instrument is long-term bullish market and now on the weekly we see a bullish candle is being created which is highly likely will continue to rise.
Press the like button if you enjoy this content :)
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 OFF. 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.
- At the moment, the MARKET is taking a bit of RISK OFF, that's why the JPY is going up. According to our previous USDJPY ANALYSIS, the USDJPY UPSIDE WAVE is going UP around 155 ++ PIPS. I hope you get it.
- There is definitely a very high possibility that USDJPY will go down a bit 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
USDJPY | A flag in uptrend!After the breaking micro-downtrend (flag) and confirming the breakout., enter a buy trade.
----------------------------------
Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions.
Thanks for your attention
----------------------------------
USDJPY
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 😊
USDJPY is in buy zone!!USDJPY (4H) Has formed a very strong bullish price action on the 4H with bullish engulfer which has broken out of the local resistance. It is highly likely that USDJPY will continue to rise and long term trend is up and price is moving in the direction of the long-term trend.
Press the like button if you enjoy the content :)
USDJPY UPDATE: SELLUSDJPY IS A NO-GO AREA. IT'S DROPPIN SOON. If you already have gone long on usdjpy, then exit now because I am currently looking at a strong sell. Take your profit and get out. Don't be greedy. As for me, I will never buy this pair due to its market condition. It's going to form a double-top pattern after this candle closes. So, why wait? It's time to sell it. If you have sold it already, then hold on to your trade. But don't forget to place a proper stop loss.
USDJPYThere is divergence in monthly, weekly, daily and 4H, and the RSI shows us oversold. the price is under the top line of important channel. i think the price wants to change the trend but it is following DXY, so we should have analysis of that to have a position in USDJPY and wait for more signs.
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS#USDJPY
- By this time USDJPY was very well BUY with US DATA being POSITIVE. So the JPY automatically went down. The other reason is that MARKET RISK is OFF.
- At the moment, the MARKET is taking a bit of RISK OFF, that's why the JPY is going up. According to the USDJPY ANALYSIS we gave earlier, the USDJPY UPSIDE WAVE is going UP around 90 ++ PIPS. I hope you get it.
- There is definitely a high possibility that USDJPY will go down a bit and move to 137.375 LEVEL. The reason for that is because the MARKETS RISK is already on, so it can happen. After that USDJPY price can go up to 141.798 LEVEL. We focus on MARKET UPDATES and MARKET SENTIMENT.
DeGRAM | USDJPY short opportunityUSDJPY has reached major structural resistance.
Price action is testing a psychological level at 139.000.
A false break is going to be an ideal short entry signal.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
USDJPY possible breakdown!!Hello 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 😊
USDJPY is set for rise!USDJPY (D) long-term bullish market. Currently, the price resumed its uptrend and we can see a very strong bullish engulfer has been created on the neckline of the double bottom on the daily timeframe. It is highly likely that the price will continue to rise from this bullish engulfer as there is no significant resistance on its move to the upside.
Press the like button if you enjoy this content :)
USDJPY technical analysis traddingClosing the session on August 23 is a bearish candle that encloses a cluster of bullish candles on August 22. In the H4 chart, a strong bearish candle appeared, although a few bullish candles appeared and formed the Inside bar combo formed by the previous bearish candle. So in the H4 chart, wait for the confirmation candle to break the inside bar candlestick pattern to clear the trend.
Combined with the 30 and 50 EMAs, a crossover has appeared. Therefore, we prioritize short positions.
Conclusion:
Sale: 136.9
SL: 137.8
TP1: 135.9
TP2: 134.8