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.
Usdjpysignal
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 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.
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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.
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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.
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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.
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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.
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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.
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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
DeGRAM | USDJPY short opportunityUSDJPY has reached a major resistance level.
Price action has already rejected that level, like before.
Price action is moving in a ascending channel.
We expect test the support level and lower border of the channel.
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USDJPY still bullish.A few words about the current market. Two weeks ago I wrote:
The whole macro picture is still so weak that I find it really hard to write down: we're in a reflation trade now. I don't know how long it will last, but my guess is: until we get a sense how the September FOMC meeting might play out.
Yes, we are still in that trade, everybody hates it (including me), because fundamentally we shouldn't be. But we see it everywhere:
The market is ignoring hawkish Fedspeak
It's ignoring hawkish data (NFP last week)
It's rallying on dovish data ( CPI this week)
Sector performance is reflationary, high-yield spreads are narrowing, breadth is strong, the Aussie is performing, Commodities are off lows and so on
I still don't believe it's going to last, but for now it is what it is. So, again I reiterate my main message from the last two weeks:
Strong opinions, weakly held. Being nimble. Trading the market, not expectations. That's going to be even more essential for the coming weeks.