Dear 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...
USDJPY 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...
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
USD/JPY trades in positive territory for two straight days on Wednesday.
The US final Manufacturing PMI for December came in weaker than expected, easing from 48.2 to 47.9.
BOJ’s Ueda said that the possibility of the BoJ sustainably achieving the inflation target seems to be gradually rising.
Investors await the final US ISM Manufacturing PMI report and the...
SELL USDJPY 142.00, SL 142.200, TGT- 141.000 , TOTAL 1000 POINTS
now there is made a order block at 142.00 and price already triggered so sell now and place aSL 142.200 AND wait for till morning
SELL USDJPY 142.00, SL 142.200, TGT- 141.000 , TOTAL 1000 POINTS
SELL USDJPY 143.400, SL 142.700, TGT-140.900/140.200
Hello Traders, as you know last time price fallen down from 27 Dec23 143.500, and now price is coming at that point according to the Smart Money & Snipper entry at 143.400 when 1M chart gives change of character or 1M chart ema30, 50 gives cross down then sell, i think it will done in the morning so, place your...
USDJPY fades the previous day’s corrective bounce off a five-month low amid sluggish markets on the final trading day of 2023. In doing so, the Yen pair extends the mid-week pullback from 200-SMA even as the oversold RSI (14) and the sluggish MACD signals challenge bears. Also putting a floor under the risk-barometer pair is a 50% Fibonacci retracement of the...
Buy USDJPY 140.850, SL -140.600, TGT- 141.650/ 142.600
and SELL tomorrow on Friday 142.450, SL- 142.750, TGT- 140.800
Hello Traders, as you know USDJPY given correction 140.700, and now its given a Change of Character and and we will be buy at level of 141.700, and there is lot of liquidity to grab and price will go up at 142.500 and than market is in downtrend...
BoJ Summary of Opinion highlights split over shift in policy
The Japanese yen continues to have a quiet week. In the European session, USD/JPY is trading at 142.54, up 0.12%.
The Bank of Japan’s summary of opinions from the December meeting was released earlier today. That meeting was somewhat of a disappointment to the markets, as there were expectations of a...
USDJPY prints a three-day uptrend while extending the previous week’s recovery from the lowest level since late July after the Bank of Japan (BoJ) defends the current monetary policy. In doing so, the Japanese central bank rules out concerns surrounding its gradual exit from the ultra-easy monetary policy amid a recent increase in inflation. With this, the Yen...
As USDJPY is in a downtrend, we're considering trades on the downside.
Recently, it generated significant liquidity from the 141.000 level and experienced a pullback. We're considering a short position on USDJPY at 143.500, contingent upon confirmation and market behavior.
The stop loss for this trade will be around 35 to 40 pips, considering the analysis...
it has measure trend in downward direction
currently it is consolidating in a range and i likely to plan in that range
it has history of forming big duration ranges
so here is the plan
USDJPY prints mild gains around 142.00 to snap a three-day losing streak at the lowest level since late July. In doing so, the Yen pair portrays a corrective bounce amid oversold RSI (14) conditions. However, the bearish MACD signals and the 200-SMA hurdle, at 142.50 by the press time, challenge the quote’s recovery. Even if the pair manages to cross the 142.50...
Hi Guys,
here is my analysis based on price action, Rsi, and FVG...
USDJPY is already in a downtrend as there is divergence in a higher time frame!
I hope the ICT concept works here.. and risk to reward ratio is awesome!
if you like my ideas of trading do follow me and hit the like button!
if...
