USDjpy broke below support ma on 4hr chart and declined rapidly, now rebound to test yellow declining resistance SCD band. Let’s see if sellers can push price down to test bottom bolinger on 4 hr chart. Sell 154.90 If price moves higher in to resistance I will look to increase my position.
Looking for a sell opportunity in UJ. Reason to sell: 1. if the candle breaks and retest the trendline, then go for sell. 2. forming 'M' Pattern in 5 minute chart. Use proper risk management. Thank you
The USD/JPY has slip after touching the 160.00 region and it is suspected as an intervention during the trading holiday in Japan. However, the effect was quite minimal as the dollar/yen pair saw bullish strength at 151.972 support. Going forward, USDJPY may head higher to test the immediate resistance at 151.70 before another round of sell-off occurs. mid to...
In the near future, USDJPY will show us significant growth. Please follow this case!! Against GBP, the USD is showing signs of decline, the Japanese yen is the opposite
Sell position against the trend, so be careful. This is my opinion and it may be 100% wrong
Attention Traders, In today's trading session, our focus is on USDJPY, where we're eyeing a potential selling opportunity around the 155.700 zone. Currently, USDJPY is entrenched in a downtrend, undergoing a correction phase as it nears the critical support and resistance area at 155.700. From a fundamental perspective, there's notable contention in the market...
After the pullback, USDJPY is ready for the big drop. Follow risk management
Looking for a sell opportunity in USDJPY. Reason to SELL: 1. Forming 'M' pattern in 15 minute chart. 2. showing downtrend line in 15 minute chart. Use proper risk management. Thank you
USDJPY still seems to show the signs of bullish movement. Watch it keep climbing until right before the closure of market on Friday.
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
This is wycoff wave Entrance confirmed Use the same Stop Loss
SL: 156.610 TP: 153.449 In this trading strategy, we present a compelling opportunity for a long position on the USDJPY currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals,...
The USD/JPY is one of the sell pairs we have from the portfolio selection we did yesterday. The Major pull for us thinking of shorting this pair is the wave structure (3) Momentum Low; this price point has over 70% probability that at some time in the future, the price will come back there after a retracement. On Friday,15-minute timeframe, we saw a breakdown...
The Japanese yen turned into little changed The Japanese yen turned into mildly unstable on Monday, with USDJPY soaring simply under 156. The recognition stays on any capability authorities intervention to assist the currency, after at the least instances of intervention in early May. The authorities is stated to have stepped in to deliver down the USDJPY...
The Japanese yen climbed as much as 0.85% earlier on Thursday but has pared most of those gains. USD/JPY is trading at 155.38, up 0.31% in the European session. Japan’s economy contracted in the first quarter. GDP declined by 2% y/y in the first quarter, following a revised 0% reading in Q4 2023. This was weaker than the market estimate of -15.%. On a quarterly...
If the market breaks the zone we can expect. This is a great opportunity and not to be missed.
Lock in your entry for USD/JPY at 155.12, perfectly poised at the 61.8% Fibonacci retracement and just steps away from the 100-period EMA at 155.16. This convergence offers a strong technical base for a bullish reversal, in line with the ongoing bullish sentiment in the market. The precise entry point boosts the risk/reward ratio, making it an excellent...
The Japanese yen climbed as much as 0.85% earlier on Thursday but has pared most of those gains. USD/JPY is trading at 155.38, up 0.31% in the European session. Japan’s economy contracted in the first quarter. GDP declined by 2% y/y in the first quarter, following a revised 0% reading in Q4 2023. This was weaker than the market estimate of -15.%. On a quarterly...