USD/JPY1. the market is uptrending 2. good supply and demand zone where price previously reacted 3. bullish engulfing candle on the 1 hour being carful about the placement of the stop loss because of the impulsive nature of usd/jpyLongby bogdangrymut1111
USDJPY_maintains a steady uptrend OANDA:USDJPY Similarly, I analyze and trade the current flow or what you can also call the current price action, looking at the 1D Timeframe you can notice a strong buy momentum, creating new structures and leaving gaps behind to be mitigated or filled, once that is achieved by a pullback, USDJPY will irresistibly continue the rally to make a new higher high. Sit back and watch, or do your own research and join the flow. If I may ask, what would you have done currently, considering the latest steady movement, Buy or Sell?Longby Samchi01117
USDJPYWe looking for selling opportunities as long the market its under resistance of the previous uptrnding wedge resulting in selling opportunitiesShortby officialpotego_fx2
USDJPY Possible ScenarioI'll start to sell position from ~152.250 to 134.000 and will try to big buy position like that 134 to 164Shortby hdurmus1
Weak dollar and strong JPY for this week.Those who are passionate about trading know that this is a tough business. You have to understand that the predictions people make regarding the price movement directions are based on probabilities. There is no such thing as 100 percent direction in the market and that is because the market can turn against you or your direction any time it wants. The reason doesn't even matter, it could be the news of some geopolitical changes, oil cut production or war, or many other factors that could impact the financial market. If you have one or more good reasons that the price will follow a certain direction all you have to do is to take a small risk entry in your direction with a good risk-to-reward ratio and just wait and see how the market will perform. A trader could have 1 good reason or a few reasons why his bias is up or down. The reasons could be based on particular studies, past behavior, fundamentals, technical analysis, or certain observations. The important part for you to understand is that the market is in a continuously changing process this means that yesterday's prediction, today could be irrelevant. The market does not have to follow your analysis. You have to follow the market, observe its changes, and react accordingly to them! I hope some of you will find this helpful, good luck!by Leorado1
UJ reversal for the London SessionPrice is currently trading range bound in a rising wedge and should rally into resistance at the OB during the Asian and then reverse during the London session. A simple 3 to 1 ratio for you Shortby tuckerx2114
UJ reversal for Asian SessionExpect price to pull back into support before we rally higher and test resistance at the Take Profit target. A nice simple 3 to 1 ratio for you Longby tuckerx21
USD/JPY retest of critical monthly level.s3.tradingview.com Monthly will retest 151.86 before any meaningful pullback back to retest previous higher high @ 146.50. Looking for longs tomorrow. s3.tradingview.comLongby trad0704
USDJPY FORECAST USD/JPY Forecast Update 📊 Currently, the USD/JPY is creating a liquidity move, indicating potential retracement on the H4 time frame. The price is showing signs of a possible reversal. If the retracement occurs, here are the key targets: 1️⃣ First Target: Order Block (OB) Zone. 2️⃣ Second Target: Fair Value Gap (FVG) Zone. The price could move down towards these levels. If a reversal occurs near the OB zone or FVG line, it could present a buy trade opportunity. Stay alert and be ready to catch both the retracement and the continuation move! 🚀by ForexProAcademy18839
IS JAPANESE YEN COMING STRONGER IN FUTURE? -ELLIOT WAVE ANALYSISAs we see the price has completed its recent cycle on 3 July, 2024. It is now in a major correction where the wave 'A' is already formed. Now the price is forming the wave 'B' and its minimum destination is 61.80% After completing the wave 'B', price will lead the wave 'C' which will be a downward impulse which can move the price toward 130 zone. The more days are passing by, selling opportunity is emerging. So be patience and enter into the market with confident.by mamnunamalik3
USDJPY sell analysis Hi friends how r u ?? I hope all is well now today best sell position for usdjpy if you agree with me please comments below and share your opinion Best of luck Allah bless you Shortby Rashidsiddique441
USDJYP - Technical Analysis [Short Setup]🔹 USDJYP Analysis on 4H chart - The current Trend is BULLISH - There is BEARISH divergences - Reversal pattern is present which is rising wedge 🔹 Trade Plan For 1HR - Entry Level = 149.093 - Stop Loss = 149.656 - TP1 = 148.545 - TP2 = 147.982 - TP3 = 147.397 🔹 Risk Management - First TP is 1:1 - Second TP is 1:2 - Third TP is 1:3 🔹 How to Take Trade? - Only risk 2% of your portfolio - Take 1% risk entry with 1:1 RR - Take 1% risk entry with 1:2 RR - Take 1% risk entry with 1:3 RR Like and subscribe to never miss a new idea! ✌🏼Shortby Bountysoul1
USDJPYOn the 4H timeframe, USD/JPY has been respecting the uptrend, recently completing a retracement to the 0.618 Fibonacci level, aligning with the psychological support around 149.500. This level also coincides with the 50-period MA, suggesting strong support. Fundamentally, the Fed’s hawkish stance and robust U.S. economic data favor a stronger USD, while the BoJ's ultra-loose monetary policy supports a bullish outlook. If 149.500 holds, the price is likely to move upward, targeting the 150.00 area and potentially higher.Longby Swiss_Forex3
USDJPY price trending up after strong accumulationPrice has been accumulating for months and bearish divergence has also been spotted. Longby TB_MUpdated 118
USDJPY SELL ANALYSIS DOUBLE TOP PATTERNHere on Usdjpy price has form double top and now try to fall so there is a chance for that if price reach level of 148.824 so going for SHORT is needed with target profit of 148.226 and 147.514 . Use money managementShortby FrankFx14Updated 5
USDJPYUSDJPY is bullish but face a supply resistance level with a probability to sell based on the sell impulse leg which tapped into supply roof. on technical i expect that level to be respected, but buyers manage to break the supply roof it will be on demand to push further.14:46by Shavyfxhub1
USD/JPY Sell PlanMay one more up to 1.618 then move down Waiting Confirmation 1. Break through the red box 2. MACD4C goes below 0 line (negative bar) 3. MACD EMA goes below 0 line 4. AO negative barShortby NKS13135
USDJPY - POTENTIAL SELLThe USD/JPY pair reflects mixed market conditions, driven by economic indicators and central bank speeches. While the yen gains momentary support from indicators such as strong current account data (3.02T vs. expected 2.43T), the Japanese economy faces ongoing challenges, as seen in declining household spending (-1.9%) and weaker machine tool orders (-6.5%). In contrast, the USD shows resilience, with a potential inflationary tilt supported by upcoming CPI data and stable job market indicators. However, frequent FOMC speeches highlight uncertainties, with Fed members expressing caution on future rate adjustments, especially as the U.S. economic outlook softens. Overall, the USD/JPY movement appears to balance the Fed's careful rate stance against Japan's economic pressures, likely leading to a volatile yet relatively balanced exchange rate in the short term. To strengthen the Yen in the coming week, the Bank of Japan (BoJ) could consider a few policy measures. First, BoJ might gradually reduce monetary easing by raising short-term interest rates or scaling back government bond purchases to curb inflation and enhance the Yen's appeal as a safe-haven asset. Additionally, BoJ could issue more hawkish statements, signaling an intention to normalize monetary policy, thereby raising market expectations for a stronger Yen. Finally, fiscal policies that support government spending to boost domestic purchasing power without excessively driving inflation could also add support to the Yen’s appreciation. In the Wyckoff pattern, if USD/JPY is currently in a Purge or RTO (Return to Origin) phase, it could indicate a potential reversal and strengthen the Yen. This phase often signifies the final push by the smart money to trigger a liquidity purge, clearing out weaker positions. If this is happening near a supply zone, it can lead to a reversal as strong hands begin to enter short positions on USD/JPY. A confirmed reaction here, such as a shift in market structure or bearish divergence, could support a Yen strengthening scenario. However, monitoring upcoming economic data and any shifts in the Bank of Japan’s policy statements remains essential to validate this trend.Shortby herrylistonhutapeaUpdated 8832
UJ SHORT SCALPGood Morning Everyone, Here we are looking at a nice short play on UJ for 66 Points. Short Sell Orders at the 149.656 area. We have to first see how the opening of Monday morning will react. Lets see what happens. (Just my analysis) Have a good trade everyone! Shortby NeverStopDreaming3
UJ is over extended and due for a pull back Price is showing signs that it is topping out, through a rising wedge forming on the 4 hour. Volume has also been decreasing whilst price has been rising which indicates a correction is due. Price should retest resistance at the Order block then retrace for a few days until it finds daily support which could be around 144.454Shortby tuckerx2117
It can potentially drop to the equilibrium of last weekIt can potentially drop to the equilibrium of last week I will be looking to position myself with my students and followers as highlighted on the chart if we get the confirmation. Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔Shortby Dave-Hunter333
USD/JPY idea short 1hHey i have a little idea for a short position it goes like this. A rising wedge pattern is made but does not rise and falls below the pattern so a reversal is coming i think. Plus he also hit my support on the week time frame so i think my reversal is confirmed now wait and see. If he should still return and turn above the pattern, then take a long position it's also the weekend this is just a calculation but it seemed like a possible solution when the market opens again. Enjoy your weekend everyone! #RisingWedge #Bearish Shortby MrViewPips5
Usdjpy still seems upside but having zig zag moveHello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Price actions still whips in a wedge, but general direction still up unless the structure fails. Let's watch this coming week for clearer picture! Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. ********************************************************************* by Shadowing_The_Big_Boys2