USDJPY trade ideas
#USDJPY trading nearby resistance area it's possible to sell#USDJPY Price trading the nearby resistance area and waiting for any bearish candlesticks formed in retracement it will take entry for below the bearish candlestick and it will go for the next level of the support area
Why we like it:
Price is trading nearby the resistance area
waiting for bearish candlesticks formed
possible to move next support area
1st support:
112.074
Next Zone area & horizontal swing Low support
1st Resistance
114.100
Zone area & horizontal swing high resistance
USDJPY bears need validation from 112.50USDJPY bulls struggle to extend Friday’s bounce towards the immediate hurdle surrounding 50-DMA, near 113.45. The lackluster momentum could also be witnessed through RSI conditions, which in turn favors odds of a pullback to 112.50-45 support confluence comprising the previous support line from March and a three-week-old falling trend line. It’s worth noting that a clear downside break of 112.45 will make the quote vulnerable enough to test the 200-DMA level of 111.60. During the fall, September’s top near 112.00 may offer an intermediate halt.
Alternatively, the USDJPY run-up beyond the 50-DMA level of 113.45 isn’t a green card to the buyers as the 114.00 and multiple highs close to 114.50 will challenge the further advances. Even if the quote rises past 114.50, the yearly high near 115.50 will be a tough nut to crack. To sum up, the pair buyers seem to have tired but the bears need a clear break of 112.50 for fresh entries.
USD JPY - Collective Candles formed shooting starA shooting star is a bearish candlestick with a long upper shadow, little or no lower shadow, and a small real body near the low of the day. It appears after an uptrend.
#USDJPY trading the nearby support area it's possible to buy#USDJPY Price trading the nearby support area and waiting for any bullish candlesticks formed in retracement it will take entry for above the bullish candlestick and it will go for the next level of the resistance area
Why we like it:
Price is trading the support area
waiting for bullish candlesticks formed
possible to move next resistance area
trendline formed
1st support:
112.400
Next Zone area & horizontal swing Low support
1st Resistance
115.400
Zone area & horizontal swing high resistance
usd jpy sellpostionusd jpy is in long tern down treand and its curently going up to collect loiqudity
USD JPYwaiting for a pull back.
its time for pullback.
so wait till return to entry point after pullback.
Don't be hurry burry to enter.
Thank you
#USDJPY trading the nearby support area it's possible to buy#USDJPY Price trading the nearby support area and waiting for any bullish candlesticks formed in retracement it will take entry for above the bullish candlestick and it will go for the next level of the resistance area
Why we like it:
Price is trading the support area
waiting for bullish candlesticks formed
possible to move next resistance area
trendline formed
1st support:
112.400
Next Zone area & horizontal swing Low support
1st Resistance
115.400
Zone area & horizontal swing high resistance
USDJPY DAILY ANALYSIS 29-11-2021#forexsignals #freeforexsignals #dailyforexsignals #weeklyforexsignals
#USDJPY daily bias looks bullish. The buyer’s price of interests are 113.41, 113.19
The possible targets are 114.32, 114.54
These analysis are based on the current market swing and we update our views based on the upcoming future swings
USD JPYWaiting for a pullback before more short.
Don't enter directly into trade if it comes on Entry point. just wait for a pullback then enter into the trade.
Use always proper risk management.
Thank you
#USDJPY trading the nearby support area it's possible to buy#USDJPY Price trading the nearby support area and waiting for any bullish candlesticks formed in retracement it will take entry for above the bullish candlestick and it will go for the next level of the resistance area
Why we like it:
Price is trading the support area
waiting for bullish candlesticks formed
possible to move next resistance area
trendline formed
1st support:
112.400
Next Zone area & horizontal swing Low support
1st Resistance
115.400
Zone area & horizontal swing high resistance
THE POWER OF 20SMA WHEN RANGE BREAKThe best way to trade a range market or when price is at very low volatile area
Trade when price break the range and trade on 20sma
SL previous candle low
Keep learning and earning
USDJPY DAILY ANALYSIS 26-11-2021#forexsignal #freeforexsignals #dailyforexsignals
#USDJPY Daily momentum is bearish. Sellers price of interest are 114.68,114.78,114.88,115.03
The possible targets are 113.95, 112.95
These analysis are based on current market swing and we update our views up on the upcoming future swing
USDJPY: Bullish sequencePrices are moving up in an impulsive manner. One should buy on cmp or any dips, keeping SL of 114 look for the tgt of 117
#USDJPY trading the nearby support area it's possible to buy#USDJPY Price trading the nearby support area and waiting for any bullish candlesticks formed in retracement it will take entry for above the bullish candlestick and it will go for the next level of the resistance area
Why we like it:
Price is trading the support area
waiting for bullish candlesticks formed
possible to move next resistance area
trendline formed
1st support:
113.911
Next Zone area & horizontal swing Low support
1st Resistance
115.400
Zone area & horizontal swing high resistance
Usdjpyusdjpy High chance to fall down side
because low buying pressure ,so persanlly i take sell entry god only know its right or not
and price trading at over value i expect down fall its only for educational purpose
#USDJPY trading the support area it's possible to buy#USDJPY Price trading the support area and waiting for any bullish candlesticks formed in retracement it will take entry for above the bullish candlestick and it will go for the next level of the resistance area
Why we like it:
Price is trading the support area
waiting for bullish candlesticks formed
possible to move next resistance area
1st support:
113.400
Next Zone area & horizontal swing Low support
1st Resistance
116.000
Zone area & horizontal swing high resistance
