As seen in monthly chart of USDJPY, inverted head and shoulder is formed. Breakout above 127.50/128 with volumes will make it run to multi decade highs. Likely scenario: With current global inflation, BOJ is forced to abandon its yield curve control strategy, that brings the yen devaluation option to the forefront. God bless us all!!!
As per fibbo analysis method usdjpy is in strong buy mode it may drop after it reach 121.5 and take strong retracement 118.803 Lets watch
Good test is given in H4 and breakout too, so it may continue its trend in upward direction. Use proper risk management. !Happy trading
got breakout of falling wedge pattern and now market retesting the support zone.
Triangle patter formation on USDJPY on a 1hr timeframe ! Target should be around 116.60$ ! 🚫Disclaimer: I'm not an financial analyst! I'm sharing this with public! It just learning purpose only! If u find anything wrong with this post ! U can tell me ⬇️ comments! Thank you!!! 😊😊😊
USDJPY swept the equal low yesterday on NY session. And produced a Bullish Break of Structure. Currently we're expecting price to return back to the origin. And in the process clearing the newly formed equal lows.
#forexsignals #freeforexsignals #dailyforexsignals #weeklyforexsignals #USDJPY daily bias looks bullish. The buyer’s price of interests are 113.41, 113.19 The possible targets are 114.32, 114.54 These analysis are based on the current market swing and we update our views based on the upcoming future swings
Prices 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 Forecast IMO Give a Like and Feel free to share your opinions in the comment! Happy Trading 😊
USDJPY Forecast IMO Give a Like and Feel free to share your opinions in the comment! Happy Trading 😊
High probebility to break trendline and its good to take long trade beacause of perfact risk reward.
USDJPY long Risk/Reward: 1:3 Give a Like and Feel free to share your opinions in the comment! Happy Trading 😊
USDJPY Short Risk/Reward: 1:3 Give a Like and Feel free to share your opinions in the comment! Thanks 😊
USDJPY Short R/R: 1:3 Feel free to share your opinions in the comment!
USDJPY Long R/R: 1:3 Feel free to share your opinions in the comment!
USDJPY Long R/R: 1:3 Feel free to share your opinions in the comment!
USDJPY Short R/R: 1:5 Feel free to share your opinions in the comment!
The USD JPY forecast has a !:5 RR setup. Entry at: 110.704 Target:109.714 Stoploss:110.962