Japanese Yen / U.S. Dollar forum
USDJPY strong buy
USDJPY SOLD 📉Entry: 153.900
🚫Stop: 155.525
🎯 Target: Open
USDJPY Sell TP 152
USDJPY buy strongUSDJPY now this signal is active to buy sideUSDJPY selling 200+ pips bookedUSDJPY it's falling time sary tuned everyone so be careful this is moving down faseter bearish trend
USDJPY Today go for short but just focus on important levels. upvote and follow me if you agree. SUPPORT LEVELS: 155.2
RESISTANCE LEVELS: 156.50, 157.11.
USDJPY 📊 USDJPY 23rd December 2024 Daily Analysis Based on Main Key Levels
📍 Daily Current Market Price (DCMP)
The current market price for USDJPY is 156.664. This figure serves as a crucial reference for assessing potential trading opportunities.
📉 Key Levels
🛑 Resistance (Above DCMP)
Resistance 1: 157.657
Resistance 2: 158.783
Resistance 3: 160.605
✅ Support (Below DCMP)
Support 1: 155.836
Support 2: 154.014
Support 3: 152.888
Summary of Analysis
The USDJPY index is currently positioned at 156.664. Key resistance levels are 157.657, 158.783, and 160.605, while support levels are 155.836, 154.014, and 152.888. The swing high stands at 156.751, and the swing low is at 149.362.
Suggested Trades
💼 Intraday Buy Trade
Entry Price: ✨ 155.836
Stop Loss: ❌ 155.546
Take Profit 1: 🎯 156.013
Take Profit 2: 🎯 156.767
📌 Reason for Entry
The price is approaching a key support level at 155.836, indicating a favorable buying opportunity.
💼 Intraday Sell Trade
Entry Price: ✨ 157.657
Stop Loss: ❌ 157.988
Take Profit 1: 🎯 158.742
Take Profit 2: 🎯 160.605
📌 Reason for Entry
Resistance at 157.657 suggests a potential selling opportunity, with targets set below this level.
💡 Conclusion
This USDJPY analysis provides valuable insights into key levels and trade opportunities. By monitoring these levels, traders can make informed decisions in the dynamic market environment. Happy trading!
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