USDJPYUSDJPY 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.Shortby RoxCapitals4
USDJPY: SELL OR BUY?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 downside of USD/JPY as long as the support level of 149.700 is well maintained, thus the possibility of a recovery for USDJPY is still considered high. by RKarinaUpdated 17
USDJPY: down sharplyDear 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 broken. The defensive point and target for sellers are currently at 148.97.Shortby RKarina18
buy usd/jpy on above levelusdjpy falls off drastically and now if it shows some strong upsidness then it is a good buy opportunity with good volumeLongby jadhaodipak9993
USDJPY SELLNow market major resistance level moving down and the trend line support level breakout the long bearish candle. It's time to sell opportunityShortby PRAKASHNEPA1
USDJPY UPDATEUSD/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 chart. Prices remain trend support, and today’s low stalled just above a volume node from a prior congestion zone. Low-volatility retracements towards today’s low could be appealing for dip buyers, who anticipate for prices to break above the weekly pivot point.by affinitymarkets12Updated 5
USDJPY M15 Sell OB IdeaHere is my idea for USDJPY sell on M15. TP target is around 150.210by Aznan_Alsidik2
USDJPY bulls lack momentum as US, Japan inflation clues loomUSDJPY 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 nearly overbought RSI (14) line joins the bearish MACD conditions. Also challenging the upside momentum is the quote’s retreat from a week-old horizontal resistance around 150.80. Even if the pair crosses the immediate upside hurdle, he previous yearly high of 151.90 and an ascending resistance line from late December 2023, forming part of a rising wedge bearish chart formation near 153.80, will be tough nuts to crack for the bulls. On the contrary, the USDJPY pair’s pullback remains elusive unless the price stays above the lower line of a 10-week-old rising wedge bearish chart formation’s bottom line, close to 149.80 at the latest. Following that, a quick fall to January’s top surrounding 148.80 can’t be ruled out. However, the 100-bar and 200-bar Exponential Moving Averages (EMAs) will test the Yen pair bears near 147.10 and 145.00 respectively before directing the quote toward the theoretical target of the rising wedge confirmation, namely around 139.40. It should be It should be observed that the 140.00 threshold and the mid-2023 swing low of near 137.25 act as additional downside filters to watch. Overall, the USDJPY pair lacks upside momentum but the bears need confirmation from the short-term rising wedge chart formation before taking control. Also important are the initial inflation clues from Japan and the US.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_trading3
UJ bullish, long opportunities 1:2 risk reward Waiting entry at 4 hr ob Targetting external range liq as mark by red line Longby Bang2bang113
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_trading7
buy usd/jpy"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 movements. Characterized by a sharp upward surge, the breakout signals a notable shift in market sentiment, with bullish momentum driving prices higher against the Japanese yen. This surge is supported by substantial trading volume, indicating strong participation from market participants and validating the strength of the breakout. Traders are likely to be drawn to this breakout opportunity, attracted by the combination of momentum and volume, which often signifies sustained upward movement. As the pair continues to climb, traders may look to capitalize on the trend, employing various trading strategies to maximize potential profits. It's essential for traders to exercise caution and implement risk management strategies, as breakouts can sometimes be accompanied by increased volatility. However, with proper analysis and execution, the USD/JPY breakout presents an enticing opportunity for traders to ride the wave of momentum and capitalize on favorable market conditions. Longby jadhaodipak9993
USDJPY recovers within two-month-old rising wedgeUSDJPY 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 downside signals. Following that, an ascending trend line from January 31, also forming part of a short-term rising wedge near 151.70, will lure the bulls. It’s worth noting that the upper line of a broader rising wedge, close to 152.40 at the latest, appears the last defense of the pair sellers before directing the quote toward the June 1990 swing high of around 155.80. Meanwhile, the USDJPY pair’s failure to cross the 150.50 immediate upside hurdle will drag it back below the 150.00 threshold. In that case, a convergence of the 100-SMA and the aforementioned wedge’s bottom line surrounding 148.40 will be a crucial level to watch for the pair sellers as a clear break of that will open doors for a theoretical fall toward 137.90. During the fall, the 200-SMA level of 147.00, monthly low of near 145.90 and December’s trough surrounding 140.25 will act as intermediate halts. Overall, USDJPY remains on the bear’s radar despite the latest recovery move.by MTradingGlobal2
buying in usd/jpyAt support and the 50% Fibonacci retracement level, USD/JPY is positioned in a potentially favorable buying zone, offering a confluence of technical indicators for traders to consider. Here's a breakdown: Support Level: Support levels are areas where the price tends to find buying interest, as demand for the asset increases, potentially halting a downward trend. In the context of USD/JPY, this support level indicates a price point where buyers have historically stepped in, suggesting a potential reversal or at least a temporary pause in the downtrend. 50% Fibonacci Retracement Level: Fibonacci retracement levels are key technical tools used by traders to identify potential levels of support or resistance. The 50% retracement level is particularly significant as it represents a midpoint between the high and low of a previous trend. In this case, it suggests a potential area where the price might find support or resistance, depending on the direction of the trend. Combining these two technical indicators suggests a significant area of interest for buyers: Potential Buying Zone: The convergence of the support level and the 50% Fibonacci retracement level indicates a strong potential buying zone. Traders may interpret this as a favorable opportunity to enter long positions on USD/JPY, expecting a bounce from this level.Longby jadhaodipak9995
bullish on usd/jpyBreakout trading can be a profitable strategy when executed properly, but it also carries risks, including false breakouts and whipsaws. Therefore, it's essential to combine breakout trading with other technical analysis tools and risk management techniques to increase the probability of success. Additionally, staying informed about market developments and upcoming economic events can help traders anticipate potential breakout opportunities. Longby jadhaodipak9992
USDJPY SIMPLEWell that got executed perfectly , forgot to post it before , it was simple breaking lover low and breaking support to make prefect resistanceShortby bhautik4avenger41
USD JPY trade setup price is reversing from 149.578 without testing resistance which mean a lack of buying liquidity the following previous green long candles left behind imbalance which have created fair value area with applying fib to draw the PD area 149 to 148.781 is above discount zone which will hold less impact whereas 148.500 to 148.300 is the zone where we can look for trade and for the target of 149.995 and stop loss based on risk taking capability Longby Jimmy_Rebello1
updateUSD/JPY Technical Out look. Both buy/sell opportunity on UJ we are looking for price to give us either buy or sell opportunity this week on UJ. SELLERS- if get price back into to 146.05 area we can see a possible retest back into 146.99 before we see price head lower on UJ. BUYERS- once price retest and hold above 147.05 we can see buyer take price higher on UJ once we reject and hold above that support area. Pay attention to price action.by affinitymarkets124
USDJPY 4H entry setup, waiting for the FVG entry Confirmations:- 1] bullish trend 2] break of structure 3] fair value gap entry 4] Fibonacci 50% Target confirmations:- 1] swing high Longby Mindful_trader018
USDJPY bull runIn 4H and 1day chart HH-LL Look very good up move from 146$ today is 148$ now chart is clear to take off 151-152$ take support near 146$ and wait usdjpy Longby SANJAYCHADUpdated 2210
USDJPYGreetings! Welcome traders. By choosing to "Follow", you can stay updated with the latest information promptly. Kindly consider clicking "Boost" as well. Wishing you a pleasant day.Longby TMCFX05
USDJPY portrays bullish consolidation, further downside expectedOn Tuesday, the USDJPY pair snapped a two-day winning streak while reversing from a 13-day-old horizontal resistance surrounding 148.80-90. The pullback move also justifies the upbeat RSI and bearish MACD signals. With this, the Yen pair is likely to decline further toward the 50-bar Exponential Moving Average (EMA) level of nearly 146.60. However, the 100-EMA of 146.20 and the monthly low of 145.90 will challenge the sellers afterward, suggesting another U-turn in the price. In doing so, the quote manages a fortnight-long trading range that consolidates the pair’s gains marked since late December. Meanwhile, USDJPY buyers remain off the table unless they witness a daily closing beyond the aforementioned horizontal resistance of around 148.80-90. Even so, the late November 2023 swing high of around 149.80 and the 150.00 threshold will test the Yen pair’s upside moves. In a case where the bulls keep the reins past 150.00, the odds of witnessing the quote’s run-up toward the previous yearly high of around 151.90 can’t be ignored. Overall, USDJPY remains in the bullish consolidation mode and hence likely witnessing further downside. However, the yields and the US Dollar moves are telling a different story and may test the sellers, which in turn requires caution on the part of the pair traders.by MTradingGlobal1
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 Vaishali4205