GBPUSDAUDUSDUSDJPYNZDUSDEURUSD I am done for the day/week, again what an amazing week. I hope we were all able to earn some major profits from the markets volume we experienced this week now on to the next, have a great weekend guys God bless.
USDJPY I don't scalp but for the scalpers out there, this is a great mean reversion opportunity. DXY is up, as someone below called out all other USD pairs are moving so this will revert to the mean soon.
Tight stop loss if you attempt this as of course we all know scalping is always a low probability no matter the entry.
USDJPY USDJPY is riding a strong weekly uptrend, with bullish momentum showing on key indicators. However, recent price action hints at potential short-term exhaustion, making this a prime buy-the-dip setup. Here’s what I’m watching:
Key Levels to Monitor:
1. Support Zones: Watching 152.16 (4-hour HVN) and 151.6 on a deeper retracement. These levels align with historical demand areas, where buyers could step back in. 2. Technical Confirmation: Ideal buy signals include a 4-hour MACD shift from bearish to bullish or daily RSI holding near 50—indicating intact trend strength on pullback. 3. Target Zones: First target at 154 near the recent highs, with potential for extended gains if price regains momentum above upper Bollinger levels.
Precision entries like these are key for high-probability plays. Follow for more strategic levels and signals!
USDJPY I believe this can go down to 151.900 before going up. The only reason this would reverse now is because we’re close to the New York session and that’s it