USDJPY PULL BACK SELL 1H good supply zone 155.57 - 155.89 AIM 154 /152 2% risk per trade 2:1 close half GOOD LUCK!
Hello dear traders! Overall, the pair remains supported amid rising US Treasury yields and the US dollar after Fed officials adopted a cautious stance on the policy and inflation outlook. The CME FedWacth tool shows a 68% probability of interest rates falling from current levels in September, down from the 73% seen after the release of mild inflation data. On the...
FX:USDJPY Price is currently in process of making AB=CD pattern; after USDJPY created a record Higher High, most of the traders were expecting price to drop heavy and it just did that. After dropping heavily, price made some correction and formed a AB=CD pattern which is where we can expect price to drop exactly in same amount as A to B made. Our final target...
USDJPY returned to the ascending channel and reached the dynamic support. We expect a decline in the channel after testing the current level. 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...
#USDJPY H1 Buy Setup BUY Only If H1 Bullish Closing Above 155.770 SL 154.75 TGT :156.56-157.11 its 1.3:1 RR.Other Everything Written On Chart .
Japanese authorities may have intervened twice in recent weeks to support the yen as it hit its lowest level in decades against the dollar, and they may have used reserves cash to do it. BofA said a drop in demand for U.S. Treasury bonds could push up interest rates slightly and narrow spreads on the secured overnight lending rate (SOFR), a reference rate tied...
Again USDJPY is giving us a Christmas gift with awesome reversal point. Clean H4 FVG, range below the main trendline, fibonacci reversal level (50-61.8 zone) and bearish divergence on H4 timeframe. Everything is good to hold USDJPY till the level 146.5 where we will probably have a strong rejection. It will need some weeks, probably months, but we will get there
Currently, the USD/JPY currency pair is indicating a favorable buying opportunity, with the buy zone identified at 155.70. This suggests that at this particular price level, it could be advantageous for traders to consider initiating long positions in anticipation of potential price appreciation. To capitalize on potential gains, traders may consider setting...
USDJPY Update⚠️ Alert 🔍It seems like USDJPY is the move dancing with in channel recently busting out of a download trend! 🚀📈 As it nears the resistance zone the anticipation is palpable for a correction ⭐ but there the interesting part once this correction happens there a chance it might hit the midline of the channel 🎯⭐ That's like the rebound zone to the...
Hello everyone i want share my idea about USDJPY Price action. After huge uptrend, we saw some strong sellers which active after strong downside movement of JPY index. Japan government said in 2024 they will change monetary policy which was signal for swing traders, JPY index had pretty bad 2 years, it was coming strong downside, after this statement of Japan...
Attention Traders, In today's trading session, our focus is on USDJPY, where we're eyeing a potential selling opportunity around the 155.700 zone. Currently, USDJPY is entrenched in a downtrend, undergoing a correction phase as it nears the critical support and resistance area at 155.700. From a fundamental perspective, there's notable contention in the market...
Hi Everyone , Hope you're fine Today's Analysis is with USDJPY The price when went into DAILY FVG and respected it , the price couldn't move above it or close inside it , Ofc , with that perspective we can see that in LTF the price is making MSS Also keep in mind that DXY is respecting the daily FVG , that supports our analysis to stay bearish in this pair...
Market Analysis: USD/JPY Gains Bullish Traction USD/JPY trimmed almost all losses and showing positive signs above 156.20. Important Takeaways for USD/JPY Analysis Today USD/JPY climbed higher above the 155.95 and 156.50 levels. There is a connecting bullish trend line forming with support near 156.20 on the hourly chart at FXOpen. USD/JPY Technical...
My dear subscribers, My technical analysis for USDJPY is below: The price is coiling around a solid key level - 156.41 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 154.93 My Stop Loss - 157.44 About Used Indicators: By the very...
The US Dollar Is Weakening Following Inflation Data Yesterday saw the release of key economic indicators for the US. According to ForexFactory: → Core Price Index (CPI) monthly: actual = 0.3%, expected = 0.4%, previous = 0.4%; → Core Price Index (CPI) annual: actual = 3.4%, expected = 3.4%, previous = 3.5%; → Retail Sales monthly: actual = 0.0%, expected =...
A forecast update on the upcoming movement of the dollar and yen in the long term
due to entering the range from which we had the fall before. You can apply for sales positions. Areas and limit of profit and limit of loss are specified in the chart.