usdjpy h4 timeframe showinh down trendusdjpy h4 timeframe showinh down trend so price may go dowm to next demand zoneShortby krishkrishna124454
USDJPY: Transactions are filled with greenDear 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 (DXY) gaining traction from expectations that the Federal Reserve may cut interest rates in March.Longby RKarinaUpdated 24
USDJPYToday, 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 the JPY, which limits the upside potential of the USDJPY currency pair. Regarding the outlook: If the triple top pattern is confirmed, the price is likely to decline further after breaking out of the range and move swiftly towards at least 146.97.Shortby RKarinaUpdated 10
LongPrice 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). Longby shubhamjaiswalhj0
USDJPY fades bounce off 100-SMA on BoJ status quoUSDJPY 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 Governor Kazuo Ueda’s speech and the US Dollar’s consolidation join the nearly overbought RSI conditions to challenge the pair buyers. However, a convergence of the 100-SMA and bottom line of a one-month-old bullish trend channel, around 147.55-45, appears a tough nut to crack for the bears. Should the quote drop below 147.45, it becomes vulnerable to test 38.2% Fibonacci retracement of the pair’s July-November upside, near 146.40, ahead of revisiting the mid-December peak of around 145.00. Meanwhile, the USDJPY pair’s recovery needs to surpass Friday’s peak of around 148.80 to activate fresh buying. Following that, the 150.00 round figure and the top line of the aforementioned bullish channel, close to 150.50 at the latest, will test the Yen pair buyers. In a case where the quote remains firmer past 150.50, the previous yearly high marked in November at around 151.90 will be in the spotlight. To sum up, the BoJ inaction failed to keep the Yen pair buyers on the board as policymakers in Japan appear fed up with the ultra-easy monetary policy.by MTradingGlobal1
USDJPY MULTI TIME FRAME ANALYSISHello 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 strategy are satisfied. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.Longby okako_trading2
usdjpyHello 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 influenced by market news. It is necessary to closely monitor more news in the new week to better grasp the trend. RKarina has set a higher target as analyzed, but what about you? Do you think USDJPY will be strong enough to regain the 152.00 peak?Longby RKarina3
Looking For Buying opportunity on USD/JPYBond 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.Longby fxtriangle115
USDJPY: Continuous price increaseUSDJPY 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 March. Furthermore, the weakening of the Japanese Yen for the third consecutive day, amid expectations of a more accommodative stance from the Bank of Japan, is also a factor driving this currency pair higher. Currently, from the chart, USDJPY has successfully surpassed the resistance level of 146.200. The prospects for further price increases are still supported at the moment, with respective targets of 148.12 and 149.73Longby RKarinaUpdated 9
LONGGood 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. Longby affinitymarkets12Updated 1
USDJPY ideaCounting Eliot waves: USDJPY pair: ABC correction wave. + Opportunity to sell USDJPY with wave C + long-term buy USDJPY. Good luck. Mr Jun. by dotantong0
USDJPY: bearish signalThe 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 and is currently in a corrective wave with a significant resistance level set at 145.500. From a personal perspective, I believe that if the support level of 144.800 is broken, the bearish side will have an advantage in pushing this pair back to the 143.500 levelShortby RKarinaUpdated 9
Updated opportunity 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 longterm bull run from 144.15 area back to 147.00. Pay attention to price action.✅ [Longby affinitymarkets124
USDJPY: Exploding until the end of the weekDear 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, please leave a like and follow to receive the latest updates!Longby RKarinaUpdated 12
USDJPY: Received 2 great supportsHello 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, the price has started to rebound, which is a perfect sign indicating strong buying pressure from investors. With these two factors, we will prioritize a Buy strategy for USDJPY with favorable conditions to take profit at the two main levels of 149.19 and then 154.37. How about you? What is your opinion on USDJPY?Longby RKarinaUpdated 23
USD JPYDisclaimer:- 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 Shortby Vaishali420Updated 224
what happened usdjpy ?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 by MSFXGRUOP0
USDJPY extends pullback from key EMA confluence below 144.00USDJPY 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 sluggish MACD. With this, the sellers appear set to approach the 61.8% Fibonacci retracement of July-November upside, near 142.90. Following that, the previous monthly low and the 78.6% Fibonacci ratio around 140.40 and the 140.00 threshold will challenge the bears before directing them to the mid-2023 bottom surrounding 137.35. On the flip side, the aforementioned EMA convergence stops the USDJPY buyers’ entry near 145.50-60. Also acting as a short-term upside filter is the stated Doji candlestick’s peak of around 146.00. In a case where the Yen pair manages to stay firmer past 146.00, the 23.6% Fibonacci ratio of near 148.40 will act as the final defense of the sellers, a break of which won’t hesitate to direct buyers toward the previous yearly peak of 151.90. Overall, the USDJPY pair is likely to extend the latest downside, at least until Wednesday’s US inflation data comes out.by MTradingGlobal0
USDJPY Trade Analysis-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 141by PRIMERONIN3
USDJPY: achieved impressive gainsDear friends, the Japanese yen has been trading negatively against the US dollar for the fourth consecutive day on Friday, with the USD/JPY pair reaching its highest level in two weeks around the 144.85 area during the Asian trading session. At the time of writing, the price is trading at 144.70, indicating that USDJPY has previously escaped a prolonged downward channel and is stabilizing with a good recovery trend on the 12-hour timeframe. With the US dollar showing signs of a rebound, the bullish camp continues to push prices higher, with a target of 147.3 being highlighted. From an analytical perspective, I still expect prices to increase further using the breakout trading method. Using the excellent tool from Tradingview, Fibonacci suggests that prices may retreat to the 0.5 and 0.618 levels to correct the previous strong upward momentum before any catalyst causes prices to bounce back. A breakthrough above 144.90 will accelerate the UJ price to 147.34. Wishing you successful and lucky trades!Longby RKarinaUpdated 8
USDJPY#USDJPY Descending Trend Line Breakout or Falling Wedge Break so #USDJPY Buy in Long Time Frame and Short Time Frame .Longby RoxCapitals0
USDJPY defends falling wedge breakout above 143.00USDJPY remains dicey around 143.30 as traders await the key US employment clues early Thursday, after rising in the last two consecutive days. In doing so, the Yen pair floats above the 100-SMA while keeping the early week’s confirmation of a bullish chart formation, namely the falling wedge. It’s worth noting that the overbought RSI and cautious mood ahead of the key US data could have stopped the pair buyers. However, the falling wedge confirmation and bullish MACD signals join the 100-SMA breakout to suggest the quote’s further advances toward the mid-December swing high of around 145.00. Following that, the 200-SMA hurdle surrounding the 145.50 will be the last defense of the pair bears before giving to the bull, who in turn could aim for November’s bottom of nearly 146.70. Meanwhile, intraday selling can be witnessed on a downside break of the 100-SMA, close to the 143.00 threshold. In that case, the aforementioned wedge’s top line, around 141.20, will gain the USDJPY seller’s attention. Following that, the recent bottom of 140.25, the 140.00 psychological magnet and the wedge’s bottom line near 139.90 will act as the final stops for the bears before allowing them to aim for the late July swing low of around 138.00. Overall, the USDJPY pair is likely to reverse the late 2023 fall but the recovery needs validation from the US data and the 200-SMA.by MTradingGlobal2
USDJPY Can Bullish ?usdjpy is trying to break above our descending trendline if price overcome 142.83 its Resistance than clear price can move our target areas like 144.600 or 146.100 or more upside. lest see waht happend ! our trade idea is Buy usdjpy if breakout 142.83 targets are 144.600 and 146.100 best of luck Longby MSFXGRUOP4