Dear friends, currently USDJPY is maintaining a strong upward trend, reaching 147.89 in early week trading. In the short term, technical indicators continue to support the upward trajectory of USDJPY. This currency pair is attempting to recover after finding significant support around 148.00. The upward momentum may be further bolstered by the US Dollar Index...
Today, USDJPY continues its trading around the level of 147.83 and is in the process of forming a triple top pattern. As a result, the Japanese Yen benefits from the hawkish stance of the Bank of Japan on Tuesday, despite the lack of further action. Political tensions and uncertain global economic prospects are not a solid foundation for the safe-haven status of...
Price is respecting the bullish trendline. And the market is Looking bullish. So with a small SL a long postition would be a good trade. SL is below the trendline and at the previous recent resistence( when a reaistence is broken it works as a support).
USDJPY refreshed its intraday high to 148.55, before retreating to 148.00, as the Bank of Japan (BoJ) matches market expectations of keeping the monetary policy unchanged. In doing so, the Yen pair struggles to keep the late Monday’s recovery from the 100-SMA amid the inactive hours of Tuesday’s trading. It’s worth noting that the hawkish expectations from BoJ...
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 everyone! Today, USDJPY continues to maintain a significant recovery momentum, as this currency pair has successfully broken through the resistance level at 148.10 and is approaching the new resistance level at 149.635, with the ultimate target of reclaiming the near 152.00 peak. However, this is still a challenging process as it heavily depends on and is...
Bond market is Moving Up, We are looking for Buying opportunities at around 147.80 with stops below 147.00 For an upward projection of 148.80 , The trend is medium to Bullish in the Daily Timeframe.
USDJPY continues to maintain stability within the previous price range. It remains stable between 147.36 and 147.34. In this regard, this currency pair is once again supported by the recovery of the USD. USDJPY has witnessed significant buying pressure as investors reconsider their bets in support of the Federal Reserve's interest rate cut decision in...
Good day traders!! Potential long on USD/JPY for the next upcoming trading days & weeks ahead of us, watch carefully and pay attention to price action and what the market is showing you. Have a great trading week guys.
Counting Eliot waves: USDJPY pair: ABC correction wave. + Opportunity to sell USDJPY with wave C + long-term buy USDJPY. Good luck. Mr Jun.
The USD/JPY pair has reached a pullback at the 145.00 level in early Monday's Asian trading session. Despite the decline of the US Dollar, this currency pair has managed to recover. The market is expected to have a quiet session due to the US bank holiday. However, when considering the technical trends and prospects: USDJPY has just broken the upward trendline...
Potential Buying opportunity on USD/JPY overall Base on the chart we can see some short-term sellers in the market take price back into 14.30 supported area We have strong support coming in around 145.30 & 144.25, if price break and close below ⬇️ 145.30 we can see sellers take price back into to 144.25 area, once we get strong buyers in that area we can see a...
Dear friends, In today's analysis chart, we can observe the continuation of the recovery trend with today's trading price at 145.47, maintaining a consistent upward trend since the last decrease at 140.26. The target for this price increase will be at the 0.618 and 1.618 levels, coinciding with Fibonacci. If you find this information useful and beneficial,...
Hello dear friends, what do you think will happen to USDJPY today? Currently, the USDJPY currency pair is experiencing a good upward momentum: Regarding the first factor: USDJPY has completely escaped from its previous downward trend and is showing strong buying momentum returning. Regarding the second factor: After price correction to the Fibonacci 0.5 level,...
Disclaimer:- This is not A BUY OR SELL recommendation. please Consult with your financial advisor or with broker before taking any trade, this post is for educational purpose only . warning :- do not jump directly or do not copy my trades DO your analysis properly
usdjpy is consolidating with bullish flag price tests the upper areas line usdjpy has two scenarios for usdjpy hourly chart first scenarios is if price brakes above 144.200 levls it reach resistance of 144.900 second scenarios is price bounce off upper side areas.it will to reach support line 143.200 lest see what happened . best of luck msforex capital group
USDJPY drops half a percent to 143.55 during the early hours of Tuesday’s Asian session. In doing so, the Yen pair extends Friday’s retreats from a convergence of the 100-bar Exponential Moving Average (EMA) and the 50-EMA. Adding strength to the downside pressure is the Doji candlestick on the top and the absence of an oversold RSI (14) line, not to forget the...
-Price is rejected from the supply zone and created a long wick as a symbol of the rejection -It will test the near-demand zone, around 142.500 to 142.800. -Bounce is expected from that for the supply area again. -If the price breaks the near-demand zone, then the subsequent demand is near 140-800 to 141