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Usdjpytechnicalanalysis

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.
by Hokusai_FX
USDJPY possible sell zoneCurrency 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 downward move and, therefore, this price may continue to drop after liquidity grab from short term resistance zone. Fundamental : Silicon Valley Bank collapsed has given safe heaven JPY strong boost. Possible trade recommendation : Bearish as per chart sketch Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
Short
by ForexWizard01
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS#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 USD BUY again. So JPY went down automatically in previous days. But the UPDATES of BANK OF JAPAN are quite - There is definitely a very high possibility that USDJPY will go UP a bit more and move to 135.61 LEVEL. Anyway, USDJPY price can go down to 126.46 LEVEL after that. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
by benny_marshall
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS#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 USD BUY again. So JPY went down automatically in previous days. But the UPDATES of BANK OF JAPAN are quite - There is definitely a high possibility that USDJPY will go UP a bit more and move to 133.67 LEVEL. Anyway, USDJPY price can go down to 126.46 LEVEL after that. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
by benny_marshall
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS#USDJPY - As of last day, the MARKET SENTIMENT for EUR was slightly UP 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 USD BUY again. So JPY went down automatically in previous days. But the UPDATES of BANK OF JAPAN are quite - There is definitely a very high possibility that USDJPY will go UP a bit more and move to 135.61 LEVEL. Anyway, USDJPY price can go down to 128.04 LEVEL after that. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE. USDJPY
by benny_marshall
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS#USDJPY - At this point, USDJPY is slightly UP. The reason for that is that with US INFLATION DATA being NEGATIVE, UJ BUY was very good until last week. And FED UPDATES were very NEGATIVE. But with the arrival of RETAIL SALES, MANUFACTURING DATA, and some FED UPDATES POSITIVE, USD BUY is coming again. So JPY went down automatically in previous days. But the UPDATES of BANK OF JAPAN are quite - At present the MARKET is taking RISK OFF and therefore the JPY is WEAK. According to the USDJPY ANALYSIS we gave earlier. But JPY is getting WEAK against USD. - There is definitely a possibility that USDJPY will go UP a little more and move to 142.354 LEVEL. Anyway, USDJPY price can go down to 130.000 LEVEL after that. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
by benny_marshall
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS#USDJPY - At this point, USDJPY was fairly well BUY with the emergence of some positive comments regarding US INFLATION DATA and RATE HIKE SENTIMENT in recent days. As a result, the USD automatically rose against the JPY. The other reason is that MARKET RISK is OFF. - Right now, the MARKET is getting a bit RISK ON, that's why the USD is going down. For this reason, JPY is slightly higher against USD. Definitely, there is a very high possibility that USDJPY will move up to the 142.175 level. The reason for that is because JPY is STRONG compared to USD because MARKETS RISK is already ON. After that, the USDJPY price can fall to 131.627 LEVEL after a TREND LINE BREAK. We focus on MARKET UPDATES and MARKET SENTIMENT.
by benny_marshall
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS#USDJPY - USDJPY is selling well this time around, with some positive comments about Japan in recent days. So the JPY went up automatically. The other reason is that the MARKET RISK is OFF - Currently the market is getting a bit RISK OFF and JPY is UP so. Definitely USDJPY is slightly UP and the chances of moving to 138.619 LEVEL are very high. This is because MARKETS RISK is already OFF. Then the USDJPY price may fall to 128.667 LEVEL. We focus on MARKET UPDATES and MARKET SENTIMENT.
by benny_marshall
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS- JPY FEATURE is going down a bit right now. Somehow it will come back up. The main reason for this is that the MARKET SENTIMENT RISK ON TONE is still playing. JPY FEATURE stands at 0.0074 LEVEL. According to the JPY ECONOMIC PROJECTION, JPY can be WEAK in the future as well. Already JPY WEAK is coming with JAPANESE UPDATES. But if the MARKETS RISK continues to be ON, the USDJPY price may go up further. USDJPY stands above DYNAMIC LEVELS. - Currently the OVERALL MARKET is RISK OFF. STOCKS is currently displaying a DOWNSIDE BIAS. And the VOLATILITY is getting a bit UP. Also COMMODITIES still shows a DOWN SIDE BIAS. Currently there is only one RISK OFF TONE in the market. Therefore, all currencies such as NZD CAD AUD may definitely be somewhat DOWN in the future. Also JPY CHF can be UP. - USDJPY PRICE can be REJECT from 138.61 LEVEL. For VOLATILITY UP, and JPY FEATURE UP. If MARKET RISK OFF, it can continue to fall to USDJPY 128.66 LEVEL very easily after breaking the TREND LINE.
by benny_marshall
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS- JPY FEATURE is currently on the rise. Somehow it will come back up. The main reason for this is that the MARKET SENTIMENT RISK ON TONE is still playing. But JPY MARKET is now CORRECTION and we see the nature of it. JPY FEATURE stands at 0.0078 LEVEL. According to the JPY ECONOMIC PROJECTION, JPY can be WEAK in the future as well. But if the MARKETS RISK continues to be ON, the USDJPY price may go up further. USDJPY stays higher than DYNAMIC LEVELS. - Currently the OVERALL MARKET is RISK OFF. STOCKS is currently showing a NEUTRAL BIAS. And the VOLATILITY is getting a bit UP. Also COMMODITIES still shows a UP SIDE BIAS. Currently there is only one RISK OFF TONE in the market. Therefore, all currencies such as NZD CAD AUD can definitely be DOWN in the future. Also JPY CHF can be UP. - USDJPY PRICE can be REJECT from 129.444 LEVEL. For VOLATILITY UP, and JPY FEATURE UP. If MARKET RISK OFF, it is very easy to continue falling to USDJPY 123.414 LEVEL.
by benny_marshall
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS⛔️ Today is a fairly important day for USDJPY. This is due to the release of USD CPI DATA. So it's a very HIGH IMPACT NEWS. We need to be vigilant about that. Currently, the USPJPY is being hit hardest by the JPY. This is because some of the things that JAPAN issues are DATA and UPDATES are somewhat NEGATIVE. ⛔️ JPY FEATURE is currently on the rise. Somehow it will come back down. The main reason for this is that the MARKET SENTIMENT RISK OFF TONE is still playing. But JPY MARKET is now CORRECTION and we see the nature of it. JPY FEATURE stands at 0.00768 LEVEL. According to the JPY ECONOMIC PROJECTION, JPY can be WEAK in the future as well. But if the MARKETS RISK continues to be ON, the USDJPY price may go up further. USDJPY stands above DYNAMIC LEVELS. ⛔️ Currently the OVERALL MARKET is RISK ON. Also the STOKES are turning a bit GREEN. COMMODITIES gives us a GREEN COLOR. So I'm trying to be a bit of a HIGH BEATA CURRENCIES BUY right now. Anyway VIX is getting a bit DOWN right now. Also BONDS PRICES show a slightly DOWN SIDE BIAS. BONDS SPREADS are GREEN. MARKET currently has a MARKET ENVIRONMENT with a NEUTRAL BIAS close to RISK ON. ⛔️ USDJPY PRICE can be REJECT at 134.47 LEVEL. For VOLATILITY UP, and JPY FEATURE UP. Due to US PCE DATA coming today, some changes may occur in USDJPY. ⛔️ USDJPY PRICE can go to 134.47 LEVEL. However, if the TREND LINE is BREAK, the USDJPY price may fall to 121.269 LEVEL.
by benny_marshall
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS- Today is a fairly important day for USDJPY. This is due to the release of USD PCE DATA. So it's a very HIGH IMPACT NEWS. We need to be vigilant about that. Currently, the USPJPY is being hit hardest by the JPY. This is because some of the things that JAPAN issues are DATA and UPDATES are somewhat NEGATIVE. - JPY FEATURE is currently on the rise. Somehow it will come back down. The main reason for this is that the MARKET SENTIMENT RISK OFF TONE is still playing. But JPY MARKET is now CORRECTION and we see the nature of it. JPY FEATURE is at 0.00762 LEVEL. According to the JPY ECONOMIC PROJECTION, JPY can be WEAK in the future as well. But if the MARKETS RISK continues to be ON, the USDJPY price may go up further. USDJPY stands above DYNAMIC LEVELS. - Currently the OVERALL MARKET is RISK ON. Also the STOKES are turning a bit GREEN. COMMODITIES RISK ON TONE is what gives us. So I'm trying to be a bit HIGH BEATA CURRENCIES BUY right now. Anyway VIX is getting a bit DOWN right now. Also BONDS PRICES show a slightly NEUTRAL BIAS. But BONDS SPREADS are getting GREEN. MARKET currently has a MARKET ENVIRONMENT with a NEUTRAL BIAS close to RISK ON. - USDJPY PRICE can be REJECT at 134.47 LEVEL. For VOLATILITY UP, and JPY FEATURE UP. USDJPY may change due to US PCE DATA due today. - USDJPY PRICE can go to 134.47 LEVEL. Before that maybe a RETRACEMENT to 127.48 LEVEL can come up on the TREND LINE. However, if the TREND LINE is BREAK, the USDJPY price may fall to 121.269 LEVEL.
by benny_marshall
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS- UNEMPLOYMENT CLAIMS DATA is due to be released today for the US dollar. PHILLY FED MANUFACTURING INDEX DATA will also be released. And there's another important EVENT FED CHAIR POWELL SPEAK today. It will definitely be the strongest NEWS for USD. According to the MARKET SENTIMENT, a DEMAND can still come to USDJPY. - JPY FEATURE is currently on the rise. The main reason for this is that the MARKET SENTIMENT is RISK OFF. But JPY MARKET is now CORRECTION and we see the nature of it. JPY FEATURE stands at 0.00782 LEVEL. According to the JPY ECONOMIC PROJECTION, JPY can be WEAK in the future as well. But if the MARKETS RISK continues to be ON, the USDJPY price may go up further. USDJPY stands above DYNAMIC LEVELS. - Currently the OVERALL MARKET is RISK ON. Also the STOKES are turning a bit GREEN. COMMODITIES gives us a slightly MIXED RISK TONE. So I'm a bit reluctant to be a HIGH BEATA CURRENCIES BUY. Anyway VIX is getting a bit DOWN right now. Also BONDS PRICES show a slightly NEUTRAL BIAS. But BONDS SPREADS are getting GREEN. MARKET currently has a MARKET ENVIRONMENT with a NEUTRAL BIAS close to RISK ON. - USDJPY PRICE can be REJECT from 131.86 LEVEL. For VOLATILITY UP, and JPY FEATURE UP. Due to the FEAD CHAIRMAN's SPEECH coming today, the impact on USD could be huge. - Before the USDJPY PRICE goes to 131.868 LEVEL maybe a RETRACEMENT will come to 124.180 LEVEL. However, if the TREND LINE is BREAK, the USDJPY price may fall to 121.269 LEVEL.
by benny_marshall
USDJPY - FURTHER JPY WILL STRONG OR NOT ? WHAT'S GOING ON UJ? ⛔️ ISM MANUFACTURING PMI and US LABOR DATA are due to be released today for the US dollar. These are the most important ECONOMIC INDICATORS and these are the HIGH VOLATILIE INDICATORS. This data is very important for USDJPY today. Also, despite the high impact news for JPY being lost this week, the Japanese YEN is following the market sentiment. ⛔️ JPY FEATURE is currently on the rise. The main reason for this is that the MARKET SENTIMENT is becoming RISK OFF. JPY MARKET Now we see the nature of CORRECTION. JPY FEATURE stands at 0.0081 LEVEL. According to the JPY ECONOMIC PROJECTION, JPY can be WEAK in the future. But if the MARKETS RISK OFF continues, the USDJPY price may fall further. USDJPY stays on DYNAMIC LEVELS. ⛔️ Currently the OVERALL MARKET is RISK ON. Also the STOKES are turning a bit GREEN. VIX is getting a bit DOWN. Also COMMODITIES still shows a DOWN SIDE BIAS. Currently there is a NEUTRAL BIAS on the market side. ⛔️ USDJPY PRICE can be REJECT from 124.180 LEVEL. For VOLATILITY UP, and JPY FEATURE UP. The NFP DATA to be released today is very important and can have a huge impact on the USDJPY. ⛔️ Before the USDJPY PRICE goes to 118.388 LEVEL maybe a RETRACEMENT will come to 124.180 LEVEL. Then the USDJPY price can come down by breaking the TREND LINE. It is very important if the markets are to be RISK OFF.
by benny_marshall
USDJPY CONFIRM THE BEARISH MOVES (TECHNICAL ANALYSIS) USDJPY CONFIRM THE BEARISH MOVES it was noted that the ninja pair had been waiting for a confirmation in regards to pushing the price of the market towards the April 22, lowest point. However, It all a came out of the tight range momentum the market has been undergoing in the past few days, luckily during the London trading session on Wednesday the volatility of the pair has managed to escape out of the hand of weaker volatility and it regains strength which tends to be stronger than ever before. On the flip side, before the confirmation of the bearish move, when looking at the 4hour time Frame market players will noticed that there is a build up forming below the mid of the tight range price action, hence this build up should serves as a confirmation or an area of value where entry point and stop loss should be marked with. To be precise the price of USDJPY eyes a negative correction along the lines of the April 22 lowest price level which is recorded at 107.810. To prevent yourself from suspicious brokers I choose WikiFx to research brokers:
Short
by Theexcelentrepreneur
USD/JPY multi time frame analysis, WILL BE UPDATED STAY TUNED !Will be Updated During the next days for possible trade opportunity Stay Tuned (BE SURE THAT FOLLOW ME TO GET NOTIFICATION) If like this and if help you with your trading Please Like, Share, Follow and comment that give me motivation to make another Market analysis and trading ideas If you have some suggestion, comment or other opinion feel free to write it in comment Wish you succesfull and consistent trading with profits! This is not an investment advice. "CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money."
by ArmaTrader97
USD/JPY- Weekly Analysis- 06-06-2021 - 06-11-2021 ✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯ ✯✯✯✯✯✯✯✯UJ- USD/JPY- Weekly Forex Trade Analysis- 06-06-2021 - 06-11-2021✯✯✯✯✯✯✯ ✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯Trade Idea Information And Market Analysis✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯ #1- Market Trend / Market Bias = Uptrend- The Market Trend Is Up A. Blue Arrow Pointing Upwards... Signaling A Strong Uptrend B. Blue Arrows Signaling Uptrend Continuation Moves From Support Levels C. Red Arrow Signaling Downtrend / Counter-Trend Move From Resistance Level ✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯ #2- Key Market Support And Resistance Levels A. Weekly Support & Resistance Level At 110.930 B. Weekly Support & Resistance Level At 107.600 C. Weekly Support & Resistance Level At 106.390 D. Daily Support & Resistance Level At 109.435 E. Daily Support & Resistance Level At 108.510 ✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯ #3- Price Action Market Trading Signals / Setups A.✯First Highlighted PAM Signal Was A PIN BAR B.✯✯Second Highlighted PAM Signal Was A PIN BAR C.✯✯✯Third Highlighted PAM Signal Was A PIN BAR D.✯✯✯✯Future Potential HIGHLIGHTED PAM Signal/Setup??? ✯✯✯Highlighted Pin Bar Buy Signal Formations All Signaling Uptrend Moves✯✯✯ ✯✯✯Looking For The Potential Formation Of A PRICE ACTION BUY SIGNAL✯✯✯ ✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯ 4. EVENT AREA Highlighted Area A. Signaling A Strong Area / Level For A Potential Big Future Movement ✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯
Long
by DMAFXTRAD