Hello dear friends, let's discuss and devise our strategy for the new day together!
USD/JPY is witnessing a decline, fluctuating near the 151.00 level, as the Japanese Yen faces significant buying pressure amidst concerns about Japan's potential forex intervention, especially after this exchange rate reached a new high since the beginning of the year at 151.86...
The previous analysis and scenario 2 became invalid , and I think this scenario is currently the only active scenario on this currency pair. part of 3 of a zigzag is an impulse with (5) wave. Now we are in wave V(5) of 5 , which is a terminal impulse . This wave itself is an zigzag (abc) and we have entered part of 3 of it now and we expect it to end...
USDJPY remains pressured towards 151.00 while keeping the previous day’s U-turn from a five-month-old horizontal resistance zone amid Monday’s sluggish Asian session. In doing so, the Yen pair justifies the RSI (14) line’s divergence with the latest high in prices. However, the bullish MACD signals and the quote’s successful trading above the...
Price has broken previous High, it has also been pushing with good momentum. It is only right that it breathes a bit in other to continue with the up momentum.
What do you think?
Hello dear friends, are you curious about the direction of USDJPY today?
At the beginning of Friday, the USDJPY pair showed a slight decline, pausing its strong upward momentum when encountering resistance near the record high level. The Japanese Yen strengthened after the release of Japan's consumer inflation data. Uncertainty about the future policy steps of...
What are your opinions on the USDJPY currency pair?
The value of USD/JPY has surged to its highest level in several years, reaching 151.000 as the Japanese yen weakens and the US dollar strengthens.
This turnaround at such levels is believed to be a result of possible intervention by the Bank of Japan (BoJ). According to MUFG analysts, a yen weaker than 150.000...
Hello everyone, are you curious about the upcoming trend of USDJPY?
USD/JPY hit a year-to-date high near 151.50 early Wednesday, as the Japanese yen fell to a multi-month low following the BoJ's mild interest rate hike on Tuesday. Fed hawkish expectations will strengthen the dollar and further support USD/JPY.
If the pair is breached and successfully clears...
Hello everyone, today USDJPY continues its recovery streak and is fluctuating around the 147.65 level after receiving some price-boosting momentum from yesterday evening when the USD rebounded and started to recover.
The currency pair has formed a new support level around the 146.75 region. The Japanese Yen (JPY) has struggled to capitalize on modest gains during...
Amidst the forex markets, the USD/JPY pair is exhibiting remarkable bullish momentum, poised for a potential breakthrough to extend its upward trajectory. This superbullish sentiment reflects a confluence of factors, including robust economic data, shifting monetary policies, and geopolitical dynamics. Traders and investors alike are eagerly awaiting the decisive...
USDJPY refreshes a two-week high during a six-day uptrend even as the Bank of Japan (BoJ) takes a historical decision to end the Negative Interest Rate Policy (NIRP), as well as the Yield Curve Control (YCC). It’s worth noting, however, that such a move was widely anticipated and hence, a “sell the fact” reaction appeared on the chart. However, a three-week-old...
The USD/JPY currency pair is currently experiencing an immensely bullish momentum, with its price trajectory indicating a strong upward trend. Market sentiment surrounding the pair is overwhelmingly positive, with traders eagerly anticipating a breakthrough past the previous high. As the USD asserts dominance against the JPY, investors are closely monitoring key...
Welcome to our daily strategy session, where we dive into the current dynamics of USDJPY and outline potential moves for today!
USDJPY is currently retreating, having found support amid a bullish sentiment around the 146.50-146.30 region. However, the plot thickens. Uncertainty surrounding the Bank of Japan's (BoJ) policy moves and a renewed appetite for the US...
USD Moves down side.. it's causing gold pair goes up.. don't get sell at gold for confirmation.... USD pull support level for upcoming day's.
✓ 30min Trend line breakout
✓ tripple top
✓ H1 engulfing
#xauusd bullish
#usd data bearish
In the dynamic forex market, USD/JPY is at a critical juncture as a potential breakout looms. However, recent indications suggest that if this breakout fails to materialize, the pair could face increased vulnerability on the downside. Traders are closely monitoring key support levels and market sentiment for clues on the direction of the USD/JPY pair. Stay...
