shorting idea for usd/jpy in next weekhistory repeat itself so it has much more probabilities of will repeat this drawn pattern again so here is the planShortby jadhaodipak9990
USDJPY bulls prod 200-EMA resistance after BoJ status quoUSDJPY prints a three-day uptrend while extending the previous week’s recovery from the lowest level since late July after the Bank of Japan (BoJ) defends the current monetary policy. In doing so, the Japanese central bank rules out concerns surrounding its gradual exit from the ultra-easy monetary policy amid a recent increase in inflation. With this, the Yen pair pokes the 200-EMA hurdle, extending recovery from a five-month-old horizontal support. The rebound also justifies the RSI (14) line’s U-turn from the oversold territory, which in turn suggests the quote’s further run-up beyond the key EMA surrounding 143.80. However, the bearish MACD signals and a downward-sloping resistance line from mid-November, close to 145.30 by the press time, will challenge further advances. In a case where the buyers keep reins past 145.30, the odds of witnessing a run-up towards the monthly high near 148.35 and then toward the 150.00 psychological magnet can’t be ruled out. Meanwhile, growing chatters about the US Federal Reserve’s (Fed) rate cuts in early 2024 could join the downbeat yields to weigh on the USDJPY pair, which in turn highlights the aforementioned horizontal support region of around 141.50-142.00. Should the Yen pair sellers manage to break the 141.50 support, it can quickly drop to the 140.00 psychological magnet before highlighting July’s low of 137.23 as the key support. Following that, the pair’s bearish trajectory towards the yearly bottom of 127.20 appears a favorite for the bears. Overall, USDJPY regains upside momentum but the room towards the north appears limited.by MTradingGlobal2
USD JPY SHORT As USDJPY is in a downtrend, we're considering trades on the downside. Recently, it generated significant liquidity from the 141.000 level and experienced a pullback. We're considering a short position on USDJPY at 143.500, contingent upon confirmation and market behavior. The stop loss for this trade will be around 35 to 40 pips, considering the analysis conducted on the one-hour timeframe. Take Profit1 (TP) is set at 142.335, and TP2 (TP) at 141.844.by sahiltandale8240
sell for intraday in usd/jpyit has measure trend in downward direction currently it is consolidating in a range and i likely to plan in that range it has history of forming big duration ranges so here is the planShortby jadhaodipak9990
USDJPY SHORT Riasing wedge breakout Strong resistance level rejection Entry planning RRR 1:5Shortby Traderr00032
200-SMA prods USDJPY’s bounce off 4.5-month lowUSDJPY prints mild gains around 142.00 to snap a three-day losing streak at the lowest level since late July. In doing so, the Yen pair portrays a corrective bounce amid oversold RSI (14) conditions. However, the bearish MACD signals and the 200-SMA hurdle, at 142.50 by the press time, challenge the quote’s recovery. Even if the pair manages to cross the 142.50 hurdle, a 5.5-month-long horizontal resistance line and a falling trend line from mid-November will test the buyers around 144.00 and 145.85 in that order. It’s worth noting that the previous support line stretched from March 24, surrounding 147.60, acts as the final defense of the Yen pair sellers. Meanwhile, the 50% Fibonacci retracement of the March-November upside, near 140.85, acts as an immediate downside support for the USDJPY pair. Following that, the 140.00 round figure will precede the 61.8% Fibonacci ratio of around 138.20 to prod the Yen pair sellers. In a case where the quote remains bearish past 138.20, July’s bottom of 137.23 appears the final battleground for the bulls before surrendering their weapons to the sellers. Overall, the USDJPY pair is likely to remain bearish even if the road toward the south appears long and bumpy.by MTradingGlobal0
sell in usd/jpyoverall trend is down recent history suggest waiting for a big red candle to break this type of wedge pattern then only enter so here is the planShortby jadhaodipak9990
Here is my anaylsis (USDJPY) based price action and rsi!Hi Guys, here is my analysis based on price action, Rsi, and FVG... USDJPY is already in a downtrend as there is divergence in a higher time frame! I hope the ICT concept works here.. and risk to reward ratio is awesome! if you like my ideas of trading do follow me and hit the like button! if anyone wants any pair ideas they can comment! see ya Shortby syedzaheer5
USDJPY NEXT MOVE, It move first down then bullish (12-12-2023)Go through the analysis carefully, and do trade accordingly. please see the chart and do trade accordigly -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Our trading Preference Trading tips: (Accuracy 90%) Gold Sell/Buy @NA TP@NA SL@NA Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.Shortby AnupZiddi7
USD JPY Small Sell Range USD_JPY is highly volatile and bearish today, 1H chart indicate great fall, so make sure to check the trade, SL is MUST and always trail if the trade is going well Shortby cartex_Updated 6
USDJPY sellers attack 147.00 to justify corrective pullbackUSDJPY struggles to defend the three-week losing streak as the bottom line of a bullish trend channel, stretched from late March, joins the 100-day Exponential Moving Average (EMA) to restrict the quote’s immediate downside near the 147.00 threshold. Even if the quote breaks the 147.00 support, a convergence of the five-month-old previous resistance and the 200-day EMA, around 143.80 by the press time, will be a tough nut to crack for the bears. Following that, the Yen pair’s fall toward the August monthly low near 141.50 and then to the 140.00 round figure, can’t be ruled out. On the contrary, the receding bearish power of the MACD and the nearly oversold RSI (14) line join the 147.00 support to challenge the USDJPY bears. That said, the pair’s recovery, however, needs validation from the 50-EMA level of around 148.60. Should the quote manage to remain firmer, the 150.00 psychological magnet will precede the previous monthly high of 151.90 to act as the final test for the pair buyers. It’s worth noting that the Yen pair’s successful trading above 151.90 enables the bulls to aim for the top-line of the previously-stated channel’s top line, surrounding 154.00. Overall, the USDJPY pair portrays bearish consolidation and may witness a bounce in prices unless the quote stays beyond the 147.00 key support.by MTradingGlobal0
USD/JPY UPDATEUSD/JPY, we had a UJ rejecting a major resistance area around 151.95 where had strong sellers previously. overall on out 1D-TF & Weekly-TF we are currently bullish, price is still holding above our EMA which shows us that buyers are still in control longterm, however on our lower TF, like 1H,4H, etc we can see sellers are in control. We have strong daily support around , 143.14 support area, also we have our EMA just below which we might see buying opportunities, pay attention to that area as we may see buyers take control to take price higher longtermby affinitymarkets122
USDJPY AnalysisUSDJPY potentially targets 147.50 before a possible retreat to 143. Short-term bullish momentum, followed by a corrective move, suggests a dynamic market scenario. Traders should monitor key support and resistance levels for precise entry and exit points.Shortby Charts_Maven0
USDJPYUSDJPY BREAKING trends in 30 min. either sideways or break support Shortby CharttechtradingUpdated 1
USD JPY Short Side Trade For Shore Term On the 4-hour timeframe, USD/JPY has shown a significant breakdown. The current internal structure favors a short-side trade. Looking at the 15-minute timeframe, the currency pair is following a trend line and aligning with the Fibonacci Golden Zone. There's a strong likelihood of rejection between the range of 148.020 to 148.150. However, there's also a possibility of a breakout leading to a trend reversal, signaling a move towards the long side. The decision for a short-side trade hinges on how the market reacts at the rejection level. If we observe a rejection, it may present an opportunity for a short-side trade." by sahiltandale824112
Looking for short!USDJPY is looking for short & has clear movement to the downside.Shortby sohaibfxUpdated 0
USD JPY upside move possibleUSD JPY upside move possible Buying above the 147.605 Stoploss 147.118 Target 149.541 Target 150.590 Target 151.633Longby tradewithmev1
Usdjpy long possible Scalping usdjpy buy 148.296 Stop loss 147.610 Take profit 150.107 Lot size recommended 0.01 for 100 usd equity Lot size recommended 0.10 for 1000 usd equity Lot size recommended 1 lots for 10000 usd equity open this trade and thanks me later✌️✌️✌️✌️✌️Longby ManpritSingh07860
usd/jpy on sell sidemarket will not give you easy money it has to be earned usd/jpy is in continuous down trend and here everyone is thinking about to short it but it has nature of first trapping buyers and then it may gives down direction so here is the planShortby jadhaodipak9990
Usd jpy risky entry This entire entry planned as demand and sweeping supply zone Go long as hammer candel Longby RUPNvish0
Usd jpyJut reacted the liquidation and support level and sweeping liquidity so its very possible to sustain on long......Longby RUPNvish0
USDJPY extends pullback from 50-SMA despite firmer yieldsAfter multiple failures to cross the 50-SMA hurdle the last week, USDJPY sellers attack the 149.00 round figure amid a sluggish start to the key week comprising US GDP and Fed’s preferred inflation gauge, not to forget Fed Chair Jerome Powell’s speech. The pullback move also justifies the bearish MACD signals amid an absence of the oversold RSI (14). With this, the Yen pair is likely to revisit the monthly low of 147.15, marked the last Monday. However, the 100-SMA and an upward-sloping support line from late March, respectively near 146.80 and 146.30, could challenge the risk-barometer pair sellers afterward. In a case where the quote breaks the 146.30 level on a daily closing basis, it becomes vulnerable to drop toward the five-month-old resistance-turned-support of around mid-143.00s. On the flip side, a daily closing beyond the 50-SMA hurdle of 149.65 becomes necessary for the USDJPY buyers to retake control. Even so, the 150.00 psychological magnet will play its role in testing the upside momentum. Following that, the monthly horizontal resistance surrounding 151.80 and an upward-sloping resistance line from late June, close to 153.00 at the latest, will act as the final defense of the bears. Overall, the USDJPY is likely to remain weak but the downside room appears limited.by MTradingGlobal0