Usdjpysell
USJPY SELL OFF!! TRADE IDEAPrice has made a few rejections from this resistance area of 145.000 already so I'm looking for a reaction to this area once again. If we see this push down first targets would be 141.970, if looking at taking this trade please remember the overall long term direction is still to the upside so it has every possibility to as long continue higher.. make sure you are been smart with entry area and stop loss as well as waiting for the right confirmation.
USDJPY Will Short NowBank of Japan intervenes after 24 years, Now technically USDJPY Should test 139.9xx or test 34EMA in daily time frame.
BEFORE OPENING YOUR TRADE:
- Be patient
- Don't be so greedy
- DON’T FOLLOW BLINDLY
- ALWAYS DO YOUR ANALYSIS BEFORE MAKING A TRADE!
- Remember risk management 1-3% of your capital
- Take profit of your position partially
- Don't open too many orders at the same time
- Waiting for a candle close and executing your plan.
USDJPY setting for the bearish after break of structureHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:USDJPY
We can see a market break of Structure in H1.
So we are expecting a strong fall near Trendline.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
Risk Warning:
Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence........
USDJPY SellExpecting USDJPY to drop after yesterday's quick jump in price due to the inflation data being released.
There is more volatility expected as sales and index data continues to be released throughout the week.
Entry: 142.830
Targets: 142.580 | 142.240 | 142.000 | 141.675 | 141.200
Support: 140.600
Be sure to like this post and let me know what you think in the comments below.
USDJPY Short The pair USDJPY has been on a strong uptrend for the past 20 months and has found resistance at 145.000 a level that was last traded August 1998. Considering the growing economic reports and strong job data coming out of the U.S, along with the recent downfall of the Yen, the USD took advantage of the Yen's weakness by going back to retest these levels. But they say whatever goes up must come down and this is currently the case of USDJPY . From this area I expect a sell of down to at least 135.000 on the weekly level which happens to be the February 2002 resistance price broke and haven't retested. A retest of this area is sure and this will be a minimum of 700 pip from current price. But we will take these swings in bit. First TP is an extension of the first impulse recently made on the 1hr timeframe.
SELL USDJPY On Clean Break & Close Of Bearish Flag ??Today I will be looking to SELL the USDJPY on a clean break of the bearish flag that is forming and will be targeting the previous HIGH in the current trend that was taken out last week this should act as a nice support allow there could be a deeper correction down towards the Daily DEMAND/BUY zone marked on the chart above.
I will want to see a clean break and close below the trend line that I've marked on the chart we do have the US CPI today which may or not help in this postion a a close above yesterday's HIGH then we will likely see a move up towards last weeks HIGH will see.
I suspect this pair will correct this week and early next week leading up to the Central bank meetings in Japan and the US also we have a lot of news in the US this week as wwe know this pair is very fundamentallly driven at present but is extremely overbought on many of the major timeframes so a correction on the weekly or monthly charts is well over due as it's been moving higher for nearly 24 months straight.
USDJPY, USDCAD Multi timeframe analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
Press like button if you enjoy this content 😊
USDJPY BIAS: SELL: Bulls At The Point Of Struggling Description : First, use a proper stop loss to avoid big losses, as this is inevitable in the forex business. Second, the bulls are at the point of struggling because the momentum is not on their side anymore; and the bears seem to override the market soon. The tug-of-war between the bulls and bears is at the key resistance zone of the market. Note: if you sell it, just aim for 30-40pips, as this market is just starting in a new direction. Just exit from 139.95 for the take profit.
Is The USDJPY Topping Out??? Time To SELL HmmmmmOn my previous USDJPY trade idea I said that if there was a clean break of 138 then we would move up to new highs this occurred last week and have now entered a HUGE untested SUPPLY/SELL zone with a nice 1,2,3 push topping formation on both the WEEKLY Chart and on the RSI showing this formation with the MACD also starting to show divergence.
When these sort of formations start to appear on higher timeframes its a very strong sign that a HUGE correction is not far away especially if we are also inside a huge monthly supply level although the USDJPY move has been driven by fundementals and divergening policies in the US and JAPAN, I suspect these polices will change very soon as this is a key area.
Price action is showing that a top is very new and you would not want to buying inside this area as when this pair corrects it can have a clear path down towards 126 as marked on the chart.
It may rise a lttle further though any new high will be quickly sold off personnally i will start building into a SHORT position selling each rally higher and target the 126 area by Year end huge potential on this position though not for the faint hearted and will need to hold, we will likely start to see maniplulation by large players as thet unwind their LONG positions.
The clearest and easiest way to see what the market will do next is looking at the weekly and monthly charts as this is were the big moves start and finish.
USDJPY (US Dollar/Japanese Yen) Currencies Analysis 26/04/2022Fundamental Analysis:
Japanese Prime Minister Fumio Kishida said on Tuesday. The government’s JPY13.2 trillion emergency relief package will help ease the pressure off households and companies from rising fuel and raw material costs.
Additional quotes
“The government will tap reserves set aside under the current fiscal year's budget to fund some of the measures that require fresh spending.”
“Will lay out by June action plan on steps to promote 'new style capitalism,' long-term fiscal and economic policy guideline.”
“Will compile an extra budget, aim to pass it through current parliament session.”
“Important to promote the use of nuclear power, renewable energy to stabilize energy market.”
“Will layout after upper house election comprehensive package of policies, including on energy, to promote change in Japan’s society.”
Technical Analysis:
We can clearly see that the Bearish Divergence of Price and MACD has Started Forming in 6H time frame and it is one of the biggest signs that the bullish Trend is reversing and we can see some Price Correction on this Forex Instrument.
we have defined 3 Targets using the Fibonacci Retracement Tools which we have forecasted the Price to fall.
please check the Forecast dates and exact Prices.
USDJPY possible breakdown!!Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
Press like button if you enjoy this content 😊
USDJPY ShortExpecting a significant drop in price after yesterday's market open bull which reached a high of 139.000. Analysis is based on the hourly chart and previous trends from this price point.
Sell Entry: 138.400
Targets: 138.160 | 137.870 | 137.600 | 137.300 | 136.940 | 136.680 | 136.350
Support: 136.000
Be sure to like this post and let me know what you think in the comments below.