Major Supports and Trendline1. Major supports are visible 2. Trend is indicated 3. Expecting a upward break Longby Megh_BhatelePublished 2
USDJPY retreat appears doubtful beyond 137.30USDJPY remains on the way to posting the second consecutive weekly loss after reversing from the yearly top in the last week. In doing so, the Yen pair justifies the overbought RSI (14) line. However, a six-month-old horizontal support zone near 137.90-85 and the 200-DMA level surrounding 137.30 appear tough nuts to crack for the sellers to retake control. Following that, a gradual south-run toward the 61.8% Fibonacci retracement of its May-October 2022 upside, near 136.10 and then to the previous monthly low of around 133.50 can’t be ruled out. On the contrary, USDJPY recovery needs validation from the yearly latest peak of 140.95, as well as the 141.00 round figure, to convince buyers. It’s worth noting that the 140.00 psychological magnet caps the immediate upside of the Yen pair whereas a convergence of the one-month-old upward-sloping resistance line and 38.2% Fibonacci retracement, near 142.15-20, can challenge the quote’s run-up beyond 141.00. In a case where the risk-barometer pair rises past 142.20, the late October 2022 low close to 145.10 will be in the spotlight. Overall, USDJPY is likely to witness short-term selling pressure but the trend remains bullish until the quote stays beyond 137.30.by MTradingGlobalPublished 1
USDJPY 4 Hour Analysis (8 June 2023)USDJPY 4 Hour Analysis (8 June 2023) 1. Price testing on Trend 2. KL1 breaking and retesting is very important for bullish Break 3. If we can observe Price levels are also aligned with Fib levels 4. Expecting bullish but retest is very important by rahuldas18598Published 5
USDJPYthe market is in nice uptrend any further pull bak with entry confluences will be considered as entry chances into the by trendLongby UnknownUnicorn14556638Published 2
Sell1 Hr resistance area price running... So sell holding resistance place and sl maintent.thankbuShortby TamiltryPublished 5
SMC As i said in the morning analysis The pullback is started and u can short from supply which I have drawn it Happy pullback days Shortby LIQUIDITYKINGORIGINALPublished 4
STOP LOSS HITTrade Details: stop loos hit - Symbol: USD/JPY - Entry Price: 139.800 - Stop Loss: 139.560 - Target Price: 140.400 Rationale for Entering the Trade: You have decided to enter this trade based on two factors: recent quick movements in the market and the price being slightly above a support zone. 1. Recent Quick Movements: You have observed rapid movements in the USD/JPY market, which might indicate increased volatility and the potential for short-term trading opportunities. These quick movements could be driven by market news, economic releases, or shifts in investor sentiment. By entering the trade at this time, you hope to capitalize on the current volatility and benefit from potential price fluctuations. 2. Price Above Support Zone: You have identified a support zone below the current price level. A support zone refers to a range of prices where buying pressure tends to emerge and potentially reverse the price direction. Although the price is currently above this support zone, you believe it is still in close proximity. This suggests that there may be a higher probability of a price bounce or a continuation of the upward movement. Trade Parameters: - Entry Price: You plan to enter the trade at 139.800, buying USD/JPY at this exchange rate. - Stop Loss: To manage potential losses, you have set a stop loss order at 139.560. If the price reaches this level, your trade will be automatically closed, limiting your downside risk. - Target Price: Your target price for this trade is set at 140.400. This represents the level at which you aim to sell USD/JPY and realize your desired profit. Please note that trading involves risks, and this trade should be evaluated within the context of your own trading strategy, risk tolerance, and market conditions. It's important to conduct thorough analysis and consider other factors such as market trends, fundamental indicators, and overall market sentiment before making trading decisions.Longby HUNTSMAN_Published 5
USD/JPY buy idea sharingTrade Details: - Symbol: USD/JPY - Entry Price: 139.800 - Stop Loss: 139.560 - Target Price: 140.400 Rationale for Entering the Trade: You have decided to enter this trade based on two factors: recent quick movements in the market and the price being slightly above a support zone. 1. Recent Quick Movements: You have observed rapid movements in the USD/JPY market, which might indicate increased volatility and the potential for short-term trading opportunities. These quick movements could be driven by market news, economic releases, or shifts in investor sentiment. By entering the trade at this time, you hope to capitalize on the current volatility and benefit from potential price fluctuations. 2. Price Above Support Zone: You have identified a support zone below the current price level. A support zone refers to a range of prices where buying pressure tends to emerge and potentially reverse the price direction. Although the price is currently above this support zone, you believe it is still in close proximity. This suggests that there may be a higher probability of a price bounce or a continuation of the upward movement. Trade Parameters: - Entry Price: You plan to enter the trade at 139.800, buying USD/JPY at this exchange rate. - Stop Loss: To manage potential losses, you have set a stop loss order at 139.560. If the price reaches this level, your trade will be automatically closed, limiting your downside risk. - Target Price: Your target price for this trade is set at 140.400. This represents the level at which you aim to sell USD/JPY and realize your desired profit. Please note that trading involves risks, and this trade should be evaluated within the context of your own trading strategy, risk tolerance, and market conditions. It's important to conduct thorough analysis and consider other factors such as market trends, fundamental indicators, and overall market sentiment before making trading decisions.Longby HUNTSMAN_Published 117
USDJPY Swing Downtrend AnalysisTrade Analysis : Swing USDJPY Downtrend Channel analysis on USDJPY Trend Identification: Swing Downtrend USDJPY. Support/Resistance Levels: Identify key levels on the chart for potential entry and exit points. Price Behavior: Daily Bullish pullback with market structure. Targets: T1 = 139.00, T2 - 137.50. 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 , USDJPY is Downtrend has been identified. Combine this analysis with thorough research and risk management strategies to make well-informed trading decisions. Avoid counter-trend trading. Happy trading! (Note: Trading is subject to market risk. This is analysis not an trade idea for trade.)Shortby JagadishSinghRPublished 8
USD/JPY buy idea sharingBased on the information provided, you are planning to enter a trade in the USD/JPY currency pair. Here's an explanation of the trade for publishing: Trade Details: - Symbol: USD/JPY - Entry Price: 139.690 - Target Prices: 139.842 and 140.001 - Stop Loss: 139.582 Rationale for Entering the Trade: You have decided to enter this trade based on two factors: support at 139.5 and a potential trendline breakout. 1. Support at 139.5: You believe that the exchange rate of USD/JPY has reached a level of support at 139.5. Support is a price level at which buying pressure is expected to outweigh selling pressure, potentially leading to a price reversal or a bounce. By entering the trade near this support level, you anticipate that the price will move in a favorable direction. 2. Trendline Breakout: Additionally, you have observed a trendline on the price chart of USD/JPY, and you expect a potential breakout to occur. A trendline is a line that connects consecutive higher lows or lower highs, indicating the direction of the prevailing trend. A breakout refers to a situation where the price moves beyond the trendline, potentially signaling a shift in market sentiment and the continuation of a new trend. Based on your analysis, you believe that the price is likely to break out above the trendline, which has influenced your decision to enter the trade. Trade Parameters: - Entry Price: You plan to enter the trade at 139.690, which means you will buy USD/JPY at this exchange rate. - Target Prices: You have set two target prices for this trade. The first target is 139.842, and the second target is 140.001. These levels represent your profit-taking points, where you aim to sell the USD/JPY and realize gains. - Stop Loss: To manage potential losses, you have implemented a stop loss order at 139.582. If the price reaches this level, your trade will be automatically closed to limit your downside risk. Please note that trading involves risks, and this trade should be evaluated in the context of your own trading strategy, risk tolerance, and market conditions. It's essential to conduct thorough analysis and consider other factors such as market news, economic indicators, and overall market sentiment before making trading decisions. FX:USDJPY Longby HUNTSMAN_Published 114
USD/JPY - ICT ViewUSD/JPY - ICT View Looking for a long position on USD/JPYLongby MoneyBall101Published 3
usdjpy long positionin this chart market can respect 1st one because its under the IDM and if 1st breaks then it can to till 2nd and give some reaction there but i think that it will go to 3rd and 4th because it makes its daily new high Longby tradewithhskPublished 3
USDJPY sellUSDJPY sell follow risk management follow money management price at supply level Shortby E_R_SPublished 113
Trade Analysis : USDJPY Retracement Trade Analysis : USDJPY UPTREND Retracement Channel analysis on USDJPY Trend Identification: Intraday Uptrend Pullback in USDJPY. Support/Resistance Levels: Identify key levels on the chart for potential entry and exit points. Price Behavior: Bullish pullback with market structure. Targets: T1 = 136.500, T2 - 140.00. 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 , USDJPY is Bullish retracement has been identified. Combine this analysis with thorough research and risk management strategies to make well-informed trading decisions. Avoid counter-trend trading. Happy trading! (Note: Trading is subject to market risk. This is analysis not an trade idea for trade.)by JagadishSinghRPublished 225
USDJPY 4 Hour Analysis (18 May 2023) USDJPY Trading Ideas 1.Though USDJPY is long time bullish but here the price is in Supply area 2. It indicates price can have some retracement 3. after retracement again price can move up. by rahuldas18598Published 2
USDJPY BUY BEST BUYUSDJPY BUY BEST BUY Take 1% risk and enter. Good luck.Longby TradingPoint_Published 117
USDJPYlooking for the buys if market shows entry ideas in mondayLongby UnknownUnicorn14556638Published 1
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.)Longby JagadishSinghRPublished 3
usdjpy possibility long 30mDear Trader usdjpy possibility long 30m Rsi Divergence base trade high possibility tradeLongby uniquemailus123Published 8
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.Longby krishkrishna12445Published 114