The price has fallen under the dynamic support, which now acts as resistance. We expect the decline to continue after testing the lower boundary of the channel. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDJPY I still did my best and this is the most likely count for me at the...
Welcome back! Let me know your thoughts in the comments! ** USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Hey Traders, Check out this technical analysis on USDJPY; it appears to be undergoing a small range pullback, potentially indicating a bullish momentum continuation. However, I would recommend waiting for a proper retest of the broken key level before considering a buy-trade entry. Alternatively, there may be an opportunity for a sell trade if the market...
Welcome back! Let me know your thoughts in the comments! ** USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Welcome back! Let me know your thoughts in the comments! ** USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Welcome back! Let me know your thoughts in the comments! ** USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Welcome back! Let me know your thoughts in the comments! ** USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
In my opinion, there is a chance that prices may continue to rise slightly to the QM area before experiencing a bearish correction. If you wish to engage in short-term speculation, it is important to be mindful of your money management practices.
USDJPY price movements are still in accordance with the latest analysis. Although bullish, it is still most likely the price will be stuck in the QM area. If you want to do a short, it's better to hold it first until the price is in the QM area. Seeing the RSI indicator that also looks saturated and divergent occurs, then in a time that is not too far can occur bearish.
USDJPY's journey is in accordance with last week's analysis where the price was stuck in the support area and now it is corrected and enters the fibo 0.382 area. If you look at the close of this week and a fairly strong bullish candle is formed, and the price pattern is lined up on a curved line, it is likely that strong bullish will still dominate after this.
today the movement of this pair looks bullish after the market structure has made a new HH. still in accordance with the previous analysis, the target price is at fibo 0.382
if 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...
if 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...
As I am saying since last two months that JPY is not strong enough and it will remain in bearish mode and now, we can see the currencies again JPY are going straight up, and I think it will remain up (Pairs)
USDJPY: D1 Support & Resistance This is my depiction of support & resistance which might help you to see the market structure ahead. The use of this support & resistance is for decision making whether you trade breakouts / pullbacks in the next few days.
when 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...
Currency Pair : USDJPY Possible direction : Bearish Technical Analysis : After a strong breakdown on the daily ( strongly influenced by JPY strength) USDJPY currently forming a symmetrical triangle which may break to the downside again as this may continue to trend to the downside to test the long term order block. From higher timeframe we can see possible...
#USDJPY - As of last day, the MARKET SENTIMENT for USD was slightly on the DOWN SIDE. The main reason for that is that the dollar is starting to weaken quite a bit. The dollar has strengthened after the December FOMC. All MARKETS including STOCKS and COMMODITIES are going down slightly due to the OFF of MARKET RISK. With the arrival of FED UPDATES POSITIVE...