JPYUSD trade ideas
Trade Analysis : Intraday USDJPY BUYTrade Analysis : Intraday USDJPY BUY
Channel analysis on USDJPY
Trend Identification: Intraday Uptrend in USDJPY.
Support/Resistance Levels: Identify key levels on the chart for potential entry and exit points.
Price Behavior: Bullish with market structure.
Targets: T1 = 135.500, T2 - 137.750.
Risk Management: Set appropriate stop-loss levels to manage risk and protect against adverse price movements.
Confirmation Indicators: Support/Resistance Levels, Higher High, Higher Lows.
Conclusion: Based on the chart analysis of , a potential trading opportunity has been identified. Combine this analysis with thorough research and risk management strategies to make well-informed trading decisions. Happy trading!
(Note: Trading is subject to market risk. This is analysis not an trade idea for trade.)
usdjpy possibility long 30mDear Trader usdjpy possibility long 30m Rsi Divergence base trade high possibility trade
long usdjpyusdjpy is tapped h4 demand and the price is changed as an uptrend in the h1 time frame from the h1 demand zone the price may move up
it is educational purpose only.
USDJPY grinds higher inside five-month-old bearish triangleUSDJPY marked the first negative weekly close in four despite Friday’s gains. Following that, the Yen pair remains inside an ascending triangle bearish chart formation comprising multiple levels marked since early December 2022. That said, the RSI and MACD conditions also signal a continuation of the recent rebound within the stated triangle. With this, the top line of the aforementioned chart formation, close to 137.80 at the latest, gains the market’s attention, a break of which could defy the bearish pattern and can propel prices towards the 61.8% Fibonacci retracement of October 2022 to January 2023 downside, at 142.50. It should be noted that the 140.00 round figure can act as an intermediate halt during the anticipated rise whereas a successful rise past 142.50 won’t hesitate to aim for the 78.6% Fibonacci retracement level surrounding 146.70.
Meanwhile, the 100-DMA joins the 23.6% Fibonacci retracement level to provide strong short-term support within the triangle around 132.80. Following that, the triangle’s lower line, close to 131.90, will be crucial to watch as a clear break of the same could confirm the theoretical fall towards 121.00. While chasing the said target, the lows marked during January 2023 and May 2022, respectively near 127.20 and 126.30, may act as intermediate halts. However, the USDJPY pair’s weakness past 121.00 could witness multiple supports around the 120.00 psychological magnet.
Overall, USDJPY is likely to decline further as Fed vs. BoJ divergence eases. Though, a clear downside break of 131.90 becomes necessary to convince bears.
USDJPYlooks like a buy wait for the confirmation maybe it can go down for ceritian pips collect some stops an liqudity and then it can movee up so be careful
USDJPY LONGAs we can see on PEPPERSTONE: USDJPY setting up for another possible trade setup. At least according to my entry rules. If price reach to FVG or POI, on lower TF I'm looking for structure shift as my entry confirmation. Please be mined this is not confirmed entry setup.
USDJPYWe saw USDJPY Long Because, USDJPY Daily Time Frame Descending Trend Line Breakout or Retest complete.
USDJPY SHORTAnalysing from the HTF usd jpy found forming a larger corrective structure in it found flag touched 3rd time on the strucuture and pushed downside and possiility to go downside when loking 1 hour chart price found in the middle of the move from the last 1hr low so there isa chance to form a larger flag for breathing and acquire more volume to go downside , entry will be if it forming a larger flag looking to take on the 2nd touch wil be risk entry if its approching correctively or wait for a push and flag
UJ LONG until those daily highs it's fine to retrace before that pump to those highs!
atleast upto discount
USDJPY UJ LONG so now it is safe to look for the long side. Will be posting long setups soon on lower time frame
LONGPotential long opportunity on USD/JPY
we are currently in an uptrend on UJ
which we can see that buyers are in control
Pay attention to price action and look for some
great opportunity.
USDJPY IS LOOKING BULLISHafter approaching D point if bearish divergence is
formed then we will close the trade
and plan a new trade for downmove
USDJPY BearishLooking for uj buys off my confirmations
DO NOT TAKEMY TRADES THESE analysis are for tracking purposes
USDJPY LONG PREDICTIONI found the falling wedge in USDJPY pair, so we can expect some uptrend from toward
USDJPY Head & Shoulder Neckline Breakout level @ 133.0USD/JPY struggles for a firm direction, stuck in a range around 133.00 mark
Growing worries about a deeper global economic downturn drive some haven flows towards the Japanese Yen (JPY), which, along with the prevalent US Dollar (USD) selling bias, act as a headwind for the USD/JPY pair. It is worth recalling that the International Monetary Fund (IMF) trimmed its 2023 global growth outlook on Tuesday, citing the impact of higher interest rates. Furthermore, the mixed Chinese trade data released earlier today adds to worries that the post-COVID recovery in the world's second-largest economy is losing steam.
USDJPY longFX:USDJPY
As we can see that USDJPY has created an Inverted Head and Shoulders in 1HR Time frame, If it breaks the neckline and again it retest the level then we can plan for buy side. Plan your trade accordingly...
USDJPY Analysis wait for breakdown or rejection and candlestick USDJPY Analysis wait for breakdown or rejection and candlestick pattern
USDJPY rebound appears unimpressive below 133.80USDJPY reverses the early-month losses by keeping the bounce off a nine-week-old ascending support line. That said, the RSI and MACD oscillators also suggest the gradual building of upside momentum. However, a downward sloping resistance line from early March, around 132.65-70, followed by the 200-SMA level of 133.80, appears short-term key hurdles to challenge the Yen pair buyers before giving them control. Following that, an area comprising multiple levels marked in March, around 135.10-25, could test the north run before signaling the run-up towards the yearly high marked the previous month around 137.90.
On the contrary, USDJPY pullback remains elusive until the quote stays beyond a two-month-old ascending support line, close to 130.90 at the latest. Also acting as short-term key support is the 130.00 round figure. It’s worth noting, however, that the Yen pair sellers need validation from the 129.80-60 region before taking control. In that case, the pair can easily challenge the yearly low marked in February at around 128.00.
Overall, USDJPY lures buyers but the upside momentum remains elusive below 133.80.
