USDJPY reverses the first weekly loss in five while printing mild gains around 150.50 early Tuesday. In doing so, the Yen pair seesaws near a three-week-old horizontal resistance surrounding 150.90-151.00. It’s worth noting that the lackluster RSI and sluggish MACD signals suggest further grinding of the quote below the stated key resistance. The bearish momentum,...
Looking at the technical picture of USD/JPY on the 4 -hour chart, they can see that: Currently, the USD/JPY pair is maintaining an increase within the limit between 147,00. From the strong US economic data, it has contributed to consolidating the US dollar (USD). In addition, the US dollar index (DXY), USD measurement compared to other six main currencies, remains...
UD/JPY forming a bullish reversal pattern - Head and shoulders at an important support level. The pair is also oversold so the chances of mean reversion on the higher timeframe along with the reversal pattern on the hourly timeframe bodes well.
Hello trading friends, HOPE My posts are helping you to understand the logic. #USDJPY sell at 136.15 SL 136.34 Target 135.8 . #FOREX #Currencypair NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. NOTE: RESPECT The risk. SL should not be more than 2% of the capital. Happy Trading
Looks like a Pole and Flag, waiting for breakout on hourly chart.
USDJPY Long Trade Plan: EP:128.545 SL: 128.081 TP: 129.242 RRR: 1.54
This is the chart of USDJPY in 4h time frame , as you can see an inverted head and shoulder pattern , as soon as a candle closes above the necline of the pattern we can take a long trade in this , keeping the risk reward ratio 1:1.5
Nothing seems to be stopping #USDJPY as it continues to push its highs. The pair just touched 128.32, a level that has not been seen since 2002. Looking for buying opportunities in usdjpy.
A good W pattern is visible on chart With good confirmation following are the zone where we can enter with short position
Overall, USD/JPY is ranging across. Recently, USD/JPY broke below the key level of 115.s USD/JPY’s next support zone is at 114.200 and the next resistance zone of 116.000. Look for short-term selling opportunities of USD/JPY.
Don't miss the great sell opportunity in USDJPY. USDJPY SELL NOW.
Don't miss the great sell opportunity in USDJPY. USDJPY sell now.
USDJPY SELL opportunity. Don't miss the great sell opportunity in USDJPY.
Hello Traders👋 Today i have made a post on USD/JPY I hope you find this post helpful and informative👍 The targets and stoploss would be given in the charts or they would be according to pivot points Thank You —DISCLAIMER— I am not a SEBI registered financial advisor Please consider your consultant's advise a must , all the setups posted here will be...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (105.79). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDJPY is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Hello traders, here is the analysis from our team : We like this area to be taken out then re bought. Let us know in the comment section below if you have any questions.😉