usdjpy Usdjpy Monthly Update Renko Chart as it continues to a new zone. x markes the spot. FX:USDJPY #usdjpy #stockmarket #investor #trader #daytrader #myartby awakensoul_369Published 1
USD/JPY SHORT FROM RESISTANCE Hello, Friends! USD-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 114.466 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the USD/JPY pair. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 111
USD/JPY Weekly analysisIn the first week of August, Price is only targeting the Daily highs liquidity. Second week, went to consolidation and shoots up on Thursday's news to sweep the previous liquidity on top. And the next day (Friday) price, starts to sweep the liquidity on Daily lows. Third week, price continues to sweep the liquidity on Daily lows. The market showed again a flag pattern. Just like in the first week (Ascending triangle). As we are getting close to September, the selling pressure is getting stronger (Fundamental analysis). I'm only gonna look for sell positions only. Shortby Jnv-Published 4
The Basics of Becoming a Swing TraderIn this educational lesson, we will explain the concept of swing trading so that aspiring traders can learn how it works and what it means. Swing trading is considered a short to medium-term strategy that aims to trade specific market “swings” or oscillations within a broader trend. Swing trading is not day trading, and it is not long-term investing. Instead, it fits somewhere between those two disciplines. Swing trading typically spans a few days to several weeks and it begins with the trader spotting a large trend, finding a discrepancy in the current price within that larger trend, and then structuring a trade based on this intermediate price action. Swing traders primarily rely on technical analysis, using indicators and strategies to spot these specific swings within larger trends. Before we discuss the details of these indicators and other concepts, allow us to give you the basics one more time. Here are the key points: Timeframe: Medium term Analysis: Mostly technical Goal: Capitalize on moves within larger trends Example: Open a chart of USD/JPY ( USDJPY Chart — Dollar Yen Rate — TradingView ) and look at the trend since early 2021. Now, within that trend, look for the oscillations and swings that occurred, showing quick drops and then quick rises or vice versa. Swing traders look to spot these price movements within the overall trend, placing trades that last a few days to several weeks. Forex Swing Trading: Forex markets are ideal for swing trading due to high liquidity, typically tight spreads, and around the clock trading. Traders usually focus on momentum peaks and dips, rather than long-term currency value. Both concepts are unique to forex markets and make it ripe for swing trading. In addition, like all other markets, technical tools can be accessed in forex markets as well. If you’re interested in learning how specific indicators are used by swing traders, go give the following indicators a look: 1. A short to medium-term moving average like 5, 10 or 20 days. 2. MACD to research crossovers and divergence between price and moving averages. 3. Stochastic oscillators to look for overbought and oversold conditions. 4. Pivot Points to look for potential support and resistance levels on shorter time intervals. Thanks for reading our latest educational post about becoming a swing trader! Be sure to follow us for more updates and educational resources like this.Editors' picksEducationby FOREXcomPublished 1171
ISDJPY-at immediate support? What's next??#USDJPY.. after a nicely pull back from our major supporting zone. Now market have fresh immediate supporting area is 145.40 Keep close that area and if market hold it then further buying pressure in table. Good luck Trade wisely by AdilHussain731333Updated 272719
USD/JPY BACK AT INITIAL STOP: OPEN RISK 1.00% Shifted back again to 1.00% stops, last 15m to hour we are expecting bearish close. Happy to take this lossShortby imacuser2001Published 0
Extended Stop on USD/JPY, EU Remains Open Risk Total: 2.25% Extended stops to match EU & DXY, delayed response expected from UJ, but this is the last line of stops. All I want to focus on is to "survive" this hour's closing.by imacuser2001Published 0
Fundamental Market Analysis for August 23, 2024 USDJPYAn event to look out for today: 17:00 GMT+3. USD - Jerome Powell, Chairman of the Federal Reserve Board of Governors, will deliver a speech USDJPY: The Japanese Yen (JPY) is strengthening against the US Dollar (USD) following the release of inflation data and Bank of Japan Governor Kazuo Ueda's speech to Parliament on Friday. Ueda stated that ‘the Bank of Japan raised rates in July as the economy and inflation were largely in line with forecasts.’ Bank of Japan Governor Ueda also noted that the stance on adjusting monetary easing measures will not change if the economy and inflation continue to be in line with forecasts. Ueda noted that the BoJ's recent policy decisions have been appropriate and warned that determining the future course of policy could lead to unnecessary speculation. The USD/JPY pair is declining as the US dollar faces downward pressure from lower Treasury yields. However, the dollar strengthened after mixed purchasing managers' index (PMI) data from S&P Global released on Thursday. In addition, US Federal Reserve (Fed) Chairman Jerome Powell is scheduled to speak at a symposium in Jackson Hole later on Friday. Powell may make a statement on the possibility of interest rate cuts in the United States (US), which is highly anticipated by market participants. Trading recommendation: Trade predominantly with Sell orders from the current price levelShortby Fresh-Forexcast2004Published 0
USDJPY Trade Plans Amongst Hawkish BOJThere has been a slowdown in price movement lately as markets cool. Looking slightly more 'risk on', yen pairs are slightly recovering but there is no real strength. May see higher moves for re-shorts nearer key moving averages, should markets have reason.by WillSebastianPublished 7
Profit: +6.54% on USD/JPY Trade 1: TP1: 50% at 1:1 = +0.50% TP2: 50% at 1:6.7 = +3.35% Trade 2(Scale in): - 1.00% Trade 3(Scale in): +3.69% Total: +6.54%by imacuser2001Published 0
USD/JPY SELL STOP @145.405Hi Traders we have trade on USD/JPY SELL STOP analysis was taken from H4 scale down to 1H and Entry confirmation 15Minutes. trust your analysis Certified price action kingShortby Low-keyFXtraderPublished 1
USDJPYCurrently on USDJPY on the daily timeframe price has taken out the previous day low and closed above it and it is indicating a strong support level.Longby BigBenCapitalsPublished 5
USDJPYPossibility in wave 2. Look for further downside if we don't out of this wedgeShortby neo8175Published 0
USDJPY buyUSDJPY MEET THE TRIPLE SHOULDER, so we are plan to buy the price hereLongby TheFuturevipPublished 112
USDJPY trading signalsUSD/JPY pares back gains toward 145.00 on tepid risk sentiment USD/JPY pares gains back toward 145.00 in the Asian session on Thursday, snapping the rebound. Mixed Japanese PMI data and fresh US Dollar buying support the pair but dwindling risk sentiment checks the pair's upside. Focus shifts to US Jobless Claims and PMI data. BUY limit USDJPY zone 145.200-145.000 ↠ Stoploss 144.800 → Take Profit 1 145.500 → Take Profit 2 146.800by TVS-TraderUpdated 3
USDJPY another possibilityI think this will most likely play out. Bearish triangle formationShortby neo8175Published 1
Potential bullish rise?USD/JPY has reacted off the pivot which acts as a pullback support and could rise to the 1st resistance which is a pullback resistance. Pivot: 145.20 1st Support: 144.16 1st Resistance: 147.93 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Longby ICmarketsPublished 11
USD/JPY short Strong resistance around 146.5. Plus the fundamental is coming tonight. (BOJ) Target is the wicks (Resting liquidity)Shortby Jnv-Published 115
USDJPYWeekly PD array (FVG) was filled. On the daily TF a quick move to the downside and cause a break of structure with a FVG, while on the H4 chart we marked out our POI where i will be looking to sell the market. Confluence are bos/choch, inducement and obShortby Murthehelp_fxPublished 116
USD/JPY LONGWeekly Analysis: Rejection off support. Daily Analysis: Rejection off support. Bullish morning star in the making. 4HR Analysis: Head and shoulder pattern currently forming. If right shoulder completes pattern and continues upwards, first TP will be @146.930. 2nd @147.550. 3rd @148.000Longby Guerrera222Published 2214
USDJPY 30m long-term Short Preparation Strategy preconditions USDJPY is still in downtrend state in HTF, take a look at 1D chart, and yet some important 30m liquidity levels have NOT been swept for pushing up, meaning that USDJPY probably is waiting to grab some downward liquidity in order to continue with the HTF downtrend now. On the 30m chart, 3 possible resistance levels have been marked specifying potential liquidity levels for pushing down. Among those resistance levels, do we care about which level is the exact one for the trend to reverse? No, we do NOT care, because we do not gamble on any of them. Instead, we will wait for a clean downward Break of Structure(BOS) to confirm us that the continuation of downtrend is ready, and then we wait for a pullback to entry Short. This process can be done using LTF such as 5min chart in order to spot those signals, since the current chart is just 30min. Before you agree or disagree with my idea, please take a look at HTF charts, such as 1H, 4H, and 1D, and mark important levels, so that you can see the big picture clearly. I have only drawn 2 prediction paths on the chart, it can be many variations, but it's not important. Our job is to wait for LTF confirmation, after any of the liquidity levels has been reached. Stop Loss: Once you've entered Short according to the plan, set your SL above the entry area which emerges in future, the safest SL can be the "Caution Level" at 147.481. Target Profit: The most reasonable TP is at 140.249, but if your are conservative, can exit at level 141.684, both TP levels are far below current chart and can be seen clearly on Daily chart. Cautions if the "Caution level" has been reached before our desired LTF downward BOS, abandon this strategy, new analysis needs to be made. I don't recommend LONG at all on USDJPY atm, since no confluences supporting LONG have come out yet. Shortby ForextWaveTradingPublished 5
Daily Bias (USDJPY)Chart looking good for a retracement to that 27% fib level hit that 62% area perfectly. would like to see it break the HH on the daily. this is not financial advice happy trading 717Longby MillionaireMind717Published 112
W pattern bearishHello trader, Usdjpy forming w pattern so, guys go for sell Stay safe, happy trading Thank youShortby monmohonPublished 0