USDJPY appears to be in a rather large triangle. I’m of the opinion and believe that it will break higher and break 160. THIS IS NOT FINANCIAL ADVICE
This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful...
USDJPY on higher timeframes looks to be heading much higher. Once 160 is broken it will be hard to stop. This appears to be a full blown currency crisis. THIS IS NOT FINANCIAL ADVICE
The trend has always been bullish because YEN is weak asf and BoJ are not doing anything yet to contain the damage. Though this month buyers were unable to break last month high of [200} area which is a multi-decade high. A breach past 201 means more damage for JPY and it will head to 205, 210. A nice push below 199 means a short term pullback towards this...
For years now Yen has been weak and USDJPY Rose 11% in the last 5 months meaning the trend is bullish . FX:USDJPY Peaked at 160 area last month then we saw some selling pressure which drove the rate to 152 zone {Last year high} Price rejection since this month open from 158 means we have some selling pressure, Today after US GDP QoQ2 release USDJPY Dropped 900...
### Weekly Market Outlook Monday: The week begins quietly with a U.S. bank holiday in observance of Memorial Day, leading to subdued financial markets. Tuesday: Focus shifts to Japan for the release of the BoJ core CPI y/y. In the United States, the CB Consumer Confidence data will be closely monitored. Wednesday: Key inflation data from Australia will be...
i sell it coz even when dollars down he not down and so many ti_me BOj talk about to intervene. i think they will do soon and if not a big pullback have to happens u can put ur stop lost at 155.6 if u want a bertter RR but i scare about a big leg up
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 GBPJPY has been overall bullish, trading within the rising channel in blue. At present, GBPJPY is approaching the upper bound of the channel acting as an over-bought zone. Moreover, it is retesting a strong round number $200. 🏹 Thus, the highlighted red circle is a...
GBP/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 196.93 which is a pullback support. Stop loss is at 194.90 which is a level that lies underneath a pullback support. Take profit is at 199.52 which is a level that aligns with the 78.6% Fibonacci projection level. High Risk Investment...
#USDJPY EASYMARKETS:USDJPY Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no...
Hello TradingView Family / Fellow Traders, EUJPY is currently approaching a massive supply zone marked in red. For the bears to take over again and start the next bearish impulse movement, a break below the last major low in gray is needed. Meanwhile, EURJPY would be bullish short-term and can still trade higher. 📚 Always follow your trading plan regarding...
USD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 155.33 which is a pullback support. Stop loss is at 154.84 which is a level that lies underneath the 23.6% Fibonacci retracement level. Take profit is at 157.03 which is an overlap resistance. High Risk Investment Warning Trading...
Trading Setup: There is a Trading Signal to Buy in USDJPY Currency Pair. Traders can open their Buy Trades NOW ⬆️ Buy Now or buy on 154.29 ⭕️SL @ 153.59 🔵TP1 @ 155.64 🔵TP2 @ 156.49 🔵TP3 @ 159.30 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...
GBP/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 195.44 which is a pullback resistance that sits above the 61.8% Fibonacci retracement level. Stop loss is at 197.55 which is a level that sits above a pullback resistance. Take profit is at 191.71 which is a pullback support. High Risk...
In technical analysis, a trendline is like a road that the price of a stock, currency, or other asset follows. Imagine it as a path where the price keeps bouncing up and down. This bouncing happens because of statistical probability – just like how certain things tend to happen again and again. However, that these bounces aren't always successful. Sometimes, the...
Based on what i was looking on usdjpy , I saw all the yen pair retracing as we reference UJ as a liquidity pair that set the direction of other pairs of yen. so we got into yen as explained on the weekend. hope everyone enjoyed the breakdown!! Thank you . please follow for more forex analysis
I have analyzed why USD/JPY is repeating a similar pattern from 2022, and it's likely that we could see the same reaction. Please watch the video and share your thoughts. Follow for more breakdown!!
USD/JPY is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 154.70 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 156.38 which is a level that sits above a pullback resistance. Take profit is at 152.20 which is a swing-low support. High...