Usdjpysignal
USD/JPY Short Opportunity Ahead Of NFP USD/JPY has formed a bearish pin bar candle from its resistance trendline zone, indicating the USD?JPY may drop.
Several times USD/JPY tried to break below the trendline support, it couldn't. JPY is a safe-haven currency. Usually, it was supposed to be a strong JPY. However, that didn't happen during Covid and Russia-Ukraine issues.
It was not supposed to be the weaker JPY during the crisis. But it mainly happens for the bank of japan's decision.
They intervene in the JPY and make it weak to support their economy. But if the crisis stays a long time, BOJ may be able to weaken JPY for a long time. So, I think it is the best time to buy JPY for the future.
If today's NFP print is positive, USD/JPY may rise slightly, but it won't last long. From its immediate resistance level, I hope USD/JPY will drop nearly to its trendline support zone.
Though I am not expecting that the USD/JPY will break below the trendline support today, it has a chance if the NFP prints super negative.
And if the Russia-Ukraine conflicts rise more hopefully, next week USD?JPY will break below the trendline support, at least USD?JPY won't go above 117.00 as long as the crisis exists.
Based on all the factors, I remain selling on USD/JPY.
USD/JPY Analysis: JPY will be strong against all currenciesDuring the Asian season, Putin ordered to attack Ukraine. Ukraine says that Kyiv is under attack from the cruise and ballistic missiles.
So, safe-haven JPY will dominate all currencies and especially commodities currencies. S0, USD/JPY, AUD/JPY, NZD?JPY and CAD/JPY are at risk of dropping more and more.
So, let's check out my USD/JPY chart.
USD/JPY Sell 114.50
Stop-loss above 116.50
Target zone 1: 112.85
Target Zone 2: 111.00
USDJPY top-down 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.
USDJPY top-down 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.
UsdJpy- Lower high in placeAfter a bearish Pin Bar in 115.50 zone resistance followed by another bearish long-tailed rejection candle, UsdJpy has dropped under the important 115 figure.
At this moment we can consider that a lower high is in place and expect continuation to the downside.
Rallies above 115 should be sold and bears could target 112.50 support zone.
A daily close above 115.50 would negate this scenario
USDJPY top-down 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.
USD/JPYThe US dollar initially rallied last week to reach towards the ¥115 level. That is an area that is a large, round, psychologically significant figure, and now it looks like we are ready to continue breaking down in the short term. The ¥112.50 level underneath could be a potential support level, and perhaps a potential target. At this point, we will continue to move based upon risk appetite more than anything else. I do believe that we will continue to see a lot of noisy behavior, but I think ¥112.50 is the target.
USDJPY Sell Trend.!#USDJPY Hello trader, I hope are good and safe. Today I opened the chart of #USDJPY for 15 MIN. and analyzed it then I see that this chart has made a DOWN TREND, So I hope #USDJPY will go downside,
Now Nice opportunity for short.
If you have any query then leave a COMMENT, LIKE and FOLLOW.
Keep Supporting And Thank You..
USDJPY top-down 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.
USDJPY Head And Shoulder Pattern#USDJPY Hello trader, I hope are good and safe. Today I opened the chart of #USDJPY for 15 Min and analyzed it then I see that this chart has made a HEAD AND SHOULDER PATTERN, So I hope #USDJPY will go downside,
Now Nice opportunity for short.
If you have any query then leave a COMMENT, LIKE and FOLLOW.
Keep Supporting And Thank You..