USDJPY
USDJPY ANALYSIS ON H4 CHART.Overall, USD/JPY is trending upwards.
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.
USDJPY Long BiasSetup Contains:
1. Stop Hunt
2. HTF Point Of Interest
3. Break of Structure
4. Return To OrderBlock
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USDJPYUSDJPY on daily time frame is forming W pattern
With W pattern there comes a shorting opportunity
If W pattern is formed then following can turnout to be a good supply zones
USDJPY SHORTIn the coming week, the USDJPY will consolidate between 115.427 and 114.655, so this presents a good selling opportunity.
STOP LOSS : 115.694
TAKE PROFIT : 114.794
My Usdjpy forcastWait for the retest once the retest takes place and trend takes direction away from the no trade zone then take your position accordingly if it goes above you can take long position and if it comes down you can take short position !!
USDJPY is ready to refresh five-year highA clear upside break of 20-DMA enables USDJPY bulls to challenge the two-month-old horizontal resistance area, surrounding 115.50-60. Following that, the monthly peak, also the highest levels since January 2017, near 116.35, will be in focus. Although RSI conditions may provide headwinds to the yen pair around the multi-day top, any further advances will not hesitate to challenge the 61.8% Fibonacci Expansion (FE) of October 2021 to January 2022 moves, near 116.90. Should USDJPY prices remain sturdy past 116.90, the 117.00 threshold will act as a validation point for the further rally targeting the year 2017 high of 118.60.
On the contrary, the 20-DMA level near 114.80 will test pullback moves of the USDJPY pair ahead of directing the quote to 38.2% Fibonacci retracement (Fibo.) of September 2021 to January 2022 upside, close to 113.50. It’s worth noting, however, that the stated risk barometer pair will have a tough time declining past 113.50 as the 100-DMA and 50% Fibo, around 113.40 and 112.70, will act as strong supports. In a case where the quote drops past 112.70, the bullish trend is likely to witness a major blow with the initial slump to the September high of 112.00.
Fundamentally, USDJPY is all set to renew recent tops as the US dollar cheers the Fed’s hawkish halt.
USDJPY eyes further losses, 112.80 is the keyUSDJPY extends pullback from a four-year high, recently failed to keep the bounce off 113.50, amid downbeat MACD and RSI. That said, the yen pair’s further downside will poke the 100-DMA level of 113.25 but the previous resistance line from March 2021, around 112.80, could challenge the bears afterward. It should be noted, however, that a clear downside break of 112.80, won’t hesitate to direct the pair sellers towards tops marked in early October and May 2021, respectively around 112.00 and 111.65.
Meanwhile, recovery moves can initially aim for the three-week-old resistance line near 114.50 before challenging the 20-DMA level surrounding 114.85. If USDJPY prices rise past 114.85, November 2021 peak near 115.50 will be in focus as it holds the key to the pair’s further advances targeting a fresh high of 2022, currently around 116.35.
To sum up, USDJPY is expected to witness further declines but the bullish trend remains intact until the quote stays beyond 112.80.
USDJPY SHORT OPPORTUNITYI think usdjpy sell opportunity this analysis based on 15 min time frame use proper risk management don't lose more than 1% of capital
xauusd analysis for short trad like xauusd analysis for short trad like and follow only gold analysis
expanding triangle ??!!USD/JPY
the price still in a correction and forming an expanding triangle in its last state we need to see the price fall to 111.6 then we can go long again
s1 114.30
s2 111.60
s3 110.80
r1 118.00
r2 121.00
daily macd and daily rsi is bearish with an extremely dangers divergence in both of them
looking to sell at the moment
USDJPY Trend Analysis over H4 Chart.Overall, USD/JPY is trending upwards.
Japanese banks will be closed today in observance of Coming-of-Age-Day. Expect lower trading volume and volatility during the usual Japanese market hours.
USD/JPY’s next support zone is at 115.300 and the next resistance zone is at 118.000.
Look for short-term selling opportunities of USD/JPY.
USDJPY eyes further losses but bulls keep reinsA clear downside break of 50-SMA, as well as November’s peak, near 115.50 challenges the USDJPY pair’s recent rebound. However, 100-SMA and an upward sloping support line from December 03, respectively around 114.80 and 114.40, will restrict the yen pair’s additional losses, backed by nearly oversold RSI conditions. Should bears conquer the stated trend line support, 61.8% and 78.6% Fibonacci retracement of December-January upside, around 114.00 and 113.35, will act as additional supports before directing sellers to December’s low of 112.52.
On the contrary, a daily closing beyond 115.50 will push back the short-term bearish bias, a break of which will highlight the weekly resistance line around 115.90. In a case where USDJPY rises past 115.90, the run-up to the 116.00 threshold and January’s peak of 116.35 can’t be ruled out. In a case where buyers dominate past 116.35, the 117.00 round figure may act as an intermediate halt during the rally aiming December 2016 peak around 118.65-70. To sum up, USDJPY witnesses a pullback and the same is likely to last for now but a reversal of the bullish trend is off the table.
#USDJPY it's possible to sell#USDJPY Price trading nearby weekly resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support
Why we like it:
Price trading nearby weekly resistance area
moving to the next level support
waiting for bearish candlestick formation
1st support:
114.327
Next Zone area & horizontal swing Low support
1st Resistance
116.639
Zone area & horizontal swing high resistance
H&S on Daily USDJPYWaiting for the neckline to be broken will be very much patient needed. If we get lucky, it shoulde be trending lower and push to the downsie. But if not, the Stop Loss at Risk Area will be hit.
So, it is important to keep teh RISK MANAGEMENT to avoid the failure of this pattern.
USDJPY bears need validation from 112.50USDJPY bulls struggle to extend Friday’s bounce towards the immediate hurdle surrounding 50-DMA, near 113.45. The lackluster momentum could also be witnessed through RSI conditions, which in turn favors odds of a pullback to 112.50-45 support confluence comprising the previous support line from March and a three-week-old falling trend line. It’s worth noting that a clear downside break of 112.45 will make the quote vulnerable enough to test the 200-DMA level of 111.60. During the fall, September’s top near 112.00 may offer an intermediate halt.
Alternatively, the USDJPY run-up beyond the 50-DMA level of 113.45 isn’t a green card to the buyers as the 114.00 and multiple highs close to 114.50 will challenge the further advances. Even if the quote rises past 114.50, the yearly high near 115.50 will be a tough nut to crack. To sum up, the pair buyers seem to have tired but the bears need a clear break of 112.50 for fresh entries.
USD JPY - Collective Candles formed shooting starA shooting star is a bearish candlestick with a long upper shadow, little or no lower shadow, and a small real body near the low of the day. It appears after an uptrend.
USDJPY: Bullish sequencePrices are moving up in an impulsive manner. One should buy on cmp or any dips, keeping SL of 114 look for the tgt of 117
USDJPY SELL TO BUYI'm looking for sell to buy set up in USDJPY, price currently in a bearish order flow in H4 tf, i expect the bearish trend till it reaches the daily demand zone. from there we can expect the continue to upwards
USDJPY Trade Plan - 18/Nov/2021Hello Traders,
Hope you all are doing good!!
I expect UJ to go DOWN after this correction is finished.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
USDJPYLONG $USDJPY
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USDJPY potential dump incomingpossible scenario according to me on USDJPY- we have touched RWL (lowest point which the price can travel through the week) which was the level 1 drop of 1/4 hours cycle, + with this current continues drop a lot of retail traders fomo in to short and definitely MM have to shake out them before going for level 2 & 3 so they used todays news for this purpose as mm already knows what news is going to come and it will be positive or not, since we have touched RWH we really expect a good amount of distribution and spike to the high with stopping volume for wed- thus and on friday they should start going to break down for the reset of weekly levels (RWH&RWL) then we should go for RWL again till mon-tue and form W at wed and then same weekly cycle.
