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Usdjpysell

More downside for the USDJPY but capped in a range.It looks like there is more downside to come for the DXY though the move will likely be capped in a range. This downward move can get some support at around the 114.6 or 114.2 levels before it hits the bottom of the range. What the price chooses to do at those levels will be largely dependent on what the central banks do. Is the federal reserve going to turn more hawkish than they already are? Or are they going to stick to the original plan?
Long
by IkanBilisCapital
Look for more downside to continue Hi Traders, USDJPY is shaping up to continue its bearish momentum. As we can see the volatility on Friday made another swing low to further this correction development. We still have room to fall and with the Russia and Ukraine situation happening, I suspect safe-haven currencies like JPY will continue its strength. Waiting for a strong Impulse breakout followed by a correction before I enter this sell. Whats your view on this pair ? Comment below and share your analysis! Support more of these by clicking the LIKE button if this has helped you! Good luck!
Short
by ktlfx
USDJPY LONG/SHORTUSDJPY is currently at a very crucial level. It is facing a rejection from the previous resistance zone. For LONG :- One can enter it once it closes above 116.5 in Daily TF for target of 118+. For SHORT :- One can enter around 115.5 with a SL of 116.5 for target of 113 (SAFE TARGET). Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries. Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
by simple_trader2022
USDJPY, Hosoda "N" waveHere we are in the B1 Semiannual, with the price that has gone into double maximum, but I firmly believe that this level will be broken. We are close to the closure of the annual (March 15th) and I believe the price is making the last sprint towards a new relative high. If we project the last short uptrend by calculating 38.2% as the second restart point, we notice that the price would create a resistance at 117.28, called the Hosoda "N" wave; this level could be our entry point for a medium-term bearish trade. The MCS is already in the phase of excess strength, just missing a new high and a signal to confirm this hypothesis. Let's wait.
by The_Cyclical_Trading