Usdjpylong
USDJPY - Daily Trade Idea - 9-Feb-23USDJPY (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
USDJPY - Selloff started ✅Hello traders!
‼️ This is my perspective on USDJPY .
Here we are in a bearish market structure from daily perspective, as we can see price rejected from bearish order block + institutional big figure 133.000. I will look for a short position if price retraces on lower timeframe.
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USDJPY WEEKLY PLAN UPDATEHi all
I was aiming for a 50% retracement between the high (151.946) and the low (127.220). but in order to move higher or back down to the 128 level, resistance at 131.580 must be broken.
Happy weekend
My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities.
Like and subscribe and happy trading to all
USDJPY EXACTLY MOVING ACCORDING MY ANALYSIS USDJPY is exactly moving according my previous analysis ( tagged ).
We are continously buying this pair from last Lowest bottom and market successfully hitting our targets.
Now here I expect some bearish retracment before bullish move.
If market hold previous resistance ( now support)
And reject from support level then buy.
Always trade safe and must use stop loss.
If you like this idea kindly appreciate with like button.
USDJPY H4: Bullish outlook seen, further upside above 130.50On the H4 time frame, prices are approaching the support zone at 130.50, in line with the graphical support zone and 50% Fibonacci retracement where a pullback to this zone could present an opportunity to play the bounce to the resistance zone at 134.50. Prices are holding above the Ichimoku cloud, supporting the bullish bisa.
USDJPY - Daily Trade Idea - 7-Feb-23USDJPY (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
JPY weakens on BoJ rumor and strong US jobs The Japanese yen has fallen past 132.50 per dollar (from 129.00 last Friday), reaching its lowest point in four weeks following reports that the government is considering Bank of Japan Deputy Governor Masayoshi Amamiya as the next central bank leader.
Amamiya is seen as the most dovish of the potential candidates, putting an end to hopes of the BoJ normalizing its monetary policy after years of ultra-easy measures. However, the Japanese government has since denied the rumors that they had approached Amamiya and maintains that the new BoJ Governor will be announced sometime in February.
Recently, the Japanese central bank maintained its ultra-low interest rates and yield control policy, despite speculation of a policy change. Current BoJ Governor Haruhiko Kuroda stressed the need for a sustainable 2% inflation target, accompanied by rising wages.
The yen was also affected by a strong dollar due to positive US jobs data, indicating that the Federal Reserve has room to raise interest rates. In January 2023, the US economy created a surprising 517K jobs, the largest increase since July and well above the 2022 monthly average of 401K, easily surpassing the market prediction of 185K. The job growth was broad-based, with the biggest increases in leisure and hospitality (128K), professional and business services (82K), and health care (58K).
Last week, USD/JPY had a noteworthy 4-hourly candle close from a technical viewpoint, breaking through the descending trendline and the psychological 130.00 level. The new 4-hourky open was in the form of a Hanging Man candlestick, with no upper wick, indicating bearish stagnation or a reversal. If we do see some retracement the 200-day moving average could act as support just below 131.00. On the weekly view of the chart, upside resistance suggests 132.90, 133.90 and 134.40 could be points of contention for the pair.
USDJPY, Side ways before the real move? USDJPY / 4H
hello traders, welcome back to another market breakdown.
This is an update on the last idea I shared on USDJPY. The price stayed at a range and might be waiting for the Fed's decision this week before making a move.
USDJPY has been trading in a down trend. However, the price is trading at where stong bulls are expected to show up.
Checkout the 2 plans I have prepared for this week for a short squeeze setup.
Trade safe,
Tarder Leo.
USDJPY - Daily Trade Idea - 6-Feb-23USDJPY (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
USDJPY - Looking bullish but need more structureA template of USDJPY for the week(s) ahead. Looking for price to find structure in buy zone for long opportunities. Psych lines will give us structure confirmation, and green/red lines will be our target areas for TP.
yen is looking strong USDJPY
broke out descending trendline during NFP data and little correction on Trendline and then will see a good bullish move towards mentioned resistance zone
Last week strength to Dollar give a new life to Yen. Which is suitable for long time at this time price needs a correction of it is done in our direction surely will go up from the support to make new High
upcoming fundamental will play a important role
DXY strong to the upside after FED meeting...DXY moving to the upside due to the interest hike by the FED, it means USD getting stronger, look for bullish for USD Pair at least for a week.
USDCAD - Bullish - as USD Strong, CAD (USOIL) will be traded to the south due to the slow demand as Operational Cost will be increased (USD).
USDJPY - Bullish - JPY so sensitive with the interest hike
#EURAUD- Going towards 1.5900 REGIONHello Traders, Hope you all doing great, so EURAUD had a nice rejections at previous daily low expecting a continuous a bullish momentum!
Entry Criteria!
-Enter when price break-through trendline of liqudity, that will be a safest entry!.
-Watch for price momentum when the 4H candles closes and then enter.
Good Luck, Trade Safe!
USDJPY BUY ZONEGood evening everyone! Don't forget to put your thumbs up and write comment if you like the idea.
USDJPY buy zone 128.500 and 127.900 and 127.400 SL 126.900. Risk 1%. Buy from monthly and weekly target area. First Target Standard, Global Target Return to Area 130.600 and 132.500
DISCLAIMER:
The opinion of the author may not coincide with yours! Keep this in mind and consider in your trading transactions before making a trading decision.
USDJPY showing mixed signals - Bullish starting biasDownward channel has been clearly performing over the last couple of months. Before we saw an INverse Cup and Handle which brough the price to our first target.
This continued downtrend however, is seeing potential signs of upside.
First the RSI is touching the 50 and has turned a Green backgroun.
The Price has currently broken above the channel, but will it last?
I am going to choose the bullish bias and set a target at 137.50.
If it turns back down it's going to 122.00. Hence I'm having a Neutral view with a bullish bias.
If that makes sense haha.
USDJPY WEEKLY TRADE Hello traders
I'm looking for a 50% retracement after falling from the high of 151.946 and the low of 127.227.
My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities.
Like and subscribe and happy trading to all