USDJPY - Short from bearish orderblock ✅Hello traders!
‼️ This is my analysis on USDJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to make a retracement to fill the imbalance higher and then to reject from bearish orderblock + institutional big figure 139.000.
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Usdjpysell
USDJPY, waiting for sell, 350 pips
I expect increases, breaking the red channel around 138.00, and then decreases with tp around 134.50.
Watch out for a false breakout of the drawn daily resistance!
Entrance around 137.80-138.00 and tp around 134.50.
P.S.
This is not financial advice of course, just my idea.
DUAL OPPORTUNITY SHORT COME BEFORE BULLS Considering the order flow from a day traders perspective ,price has been finding it way to the downside indicating the strength of the YEN over the USD .
That being considered hence the eminent bias to short the pair ,but caution should be put in place due to the upcoming CPI data and after that both zones should be watched closely
USDJPY ShortExpecting UJ to continue short after a drop this morning due to the USD Revised Labor announcement. The USD Consumer Credit data release this afternoon could spark more bearish movement.
Sell Entry: 136.300
Targets: 136.070 | 135.840 | 135.640 | 135.400 | 135.050 | 134.860 | 134.640 | 134.300 | 134.060
Support: 133.760
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Will This Level Intice Buyers Into Action ??This pair is moving according to my previous idea after we got the move back up into the early 140's price went as expected and is now at the predicted level of 135 and is creating new SUPPLY/SELL zones as it moves which is very good.
You can see 135 is the start of a untested Weekly/Monthly DEMAND/BUY zone so you should expect buyers to start coming in below 135 for a short term BUY trade up towards the 139 newly created SUPPLY/SELL zone.
Once we get the up swing action towards 139 then this will be a good area to SELL again as I suspect this pair is now correcting this years huge move up and you may see a move back down below 130.
Good luck :)
p.s. read my related post to see how you can predict these moves too
UJ Bull Market Run Offically Over?Since the rumored BOJ intervention at price 152.000 , USDJPY has struggled to continue bullish movement and has only pushed further downward.
The market seems to be flipping over into a bear after constant movement upward since March of this year starting at price 115.000 , to the yearly high of 152.000 in October.
MA's are currently converging which is a good sign for movement, and I am expecting the price to continue to push down and complete another bear wave.
Entry: 138.800
Targets: 138.560 | 138.300 | 138.070 | 137.800 | 137.600 | 137.330 | 137.065 | 136.870 | 136.650
Support: 136.500
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USDJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDJPY - Retracement till bearish orderblock ✅Hello traders!
‼️ This is my analysis on USDJPY
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill that huge imbalance and then to reject from bearish orderblock + institutional big figure 146.000.
Like, comment and subscribe to be in touch with my content!
USD/JPY Analysis 21.11.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS#USDJPY
- Currently USDJPY is going UP. The reason for that is that with US INFLATION DATA being NEGATIVE, UJ BUY was very good until last week. And FED UPDATES were very NEGATIVE. But with the arrival of RETAIL SALES POSITIVE, USD is BUYING again. So JPY went down automatically in previous days. But with the intervention of the BANK OF JAPAN, there is now a very good demand for YEN in the market.
- At present the MARKET is taking RISK OFF and therefore the JPY is WEAK. According to the USDJPY ANALYSIS we gave earlier. But JPY is getting WEAK against USD.
- There is a very high possibility that USDJPY will move up to the 146.040 level. Anyway, USDJPY price can go down to 133.00 LEVEL after that. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
ALERT: Where You Should Look to BUY & SELL USDJPY ??Nearly a 1400 pip drop in this pair over the last few weeks and if you read my previous posts on this pair I was wrong about the 145 area being the top though the first easy target after the drop was correct at 138.500 level which was the previous swing high in the current trend.
We are at this level now and just beneath it we have a daily DEMAND/BUY level starting under 138 I will be looking for BUY signals starting to appear under 139 as after that huge drop a correction back up towards 143-145 is on the cards.
If the top is in on this pair which it seems to be then you will be looking to sell the corrrection rally around 143-145 area and then ride the move down towards the Monthly DEMAND/BUY zone around 135 or lower.
I will keep you updated trade entries as they happen
USDJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.