Explore the lucrative opportunity of shorting the USD/JPY pair as it ventures below crucial support levels, signaling a compelling downward trend. Dive into this comprehensive guide to understand the dynamics at play, including key support levels breached and the underlying market sentiment. Learn how to capitalize on this trend by implementing strategic short...
Hello dear friends, what do you think about USDJPY?
In contrast to its counterparts such as EURUSD and GBPUSD, USDJPY continues to bear the heavy pressure of depreciation, with prices weakening further on Thursday. Currently, this currency pair is trading at the level of 148.50, experiencing a loss of 0.56% for the day.
This currency pair continues to face...
Hello dear friends!
Today, the USDJPY pair continues to trade deeply around the 150.32 level and maintains a sideways trend. It is expected that there will be no significant breakthrough in price today as no information will be released during the day.
Resistance levels: 150.64, 150.800 Support levels: 149.95, 149.700
USDJPY reverses the first weekly loss in five while printing mild gains around 150.50 early Tuesday. In doing so, the Yen pair seesaws near a three-week-old horizontal resistance surrounding 150.90-151.00. It’s worth noting that the lackluster RSI and sluggish MACD signals suggest further grinding of the quote below the stated key resistance. The bearish momentum,...
This is not a market order set up.
So, please wait for the price to reach 150.570 zone.
After crossing the same, we may see high momentum.
All the best.
USDJPY Technical Analysis According Short Because, USDJPY Ascending Channel or Ascending Triangle Breakout or Retest Complete. Now I think USDJPY is the Sell. for Long Time Trade.
Hello dear friends! Today, USDJPY continues to be limited below the resistance level of 150.750 in the early trading hours of the new week.
This currency pair is declining due to the decrease in US Treasury bond yields, amid cautiousness and concerns about inflation data in the United States. However, the recent appreciation of the US dollar may limit the...
Dear friends,
USDJPY experienced a sharp decline today. The price has been consistently plummeting since reaching 150.844 and is currently hovering around 149.789 after half a day.
On the analysis chart: This currency pair has surpassed most of its important support levels, and there is still a favorable outlook for further price drops as the trendline has been...
USD/JPY technical analysis
The above-estimated CPI print saw USD/JPY fall ~20 pips, which is by no means a particularly big move. But it has helped the pair retrace further from its highs as we head closer towards the key US PCE inflation report later this week. Technically, I am now seeking evidence of a swing low for a potential swing trade long on the 1-hour...
USDJPY rose in the last four consecutive weeks even if the US Dollar Index (DXY) snapped a five-week uptrend, amid an increase in the near-term US Treasury bond yields and chatters about a delay in the Bank of Japan’s (BoJ) delay in ending the ultra lose monetary policy. It’s worth noting, however, that the technical signals are against the Yen pair buyers as the...
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your...
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your...
"USD/JPY Breakout: Riding High on Momentum and Volume Surge"
The USD/JPY currency pair is currently experiencing a significant breakout, propelled by robust momentum and a surge in trading volume. This breakout marks a pivotal moment in the pair's trading dynamics, offering lucrative opportunities for traders seeking to capitalize on strong market...
USDJPY snaps a two-day losing streak early Friday while challenging the previous day’s rising wedge bearish chart pattern’s confirmation. In doing so, the Yen pair justifies an upbeat RSI (14) line, as well as an impending bull cross on the MACD. It’s worth noting, however, that a clear upside break of 150.50 support-turned-resistance becomes necessary to defy the...
