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Usdjpysell

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.
Short
by OraclePips
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.
Short
by TheFxAce
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.
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by BitonGroup
2
USDJPY Sell on Hourly ChartExpecting USDJPY to shoot downwards after breaking the 136.000 price range the Bollinger bands indicates this as well. Prices were in this area last week as shown. The pairing has been bouncing between the prices of 137.600 and 135.300 this week, not breaking either. There has been a lot of volatility due to the Jackson Hole conferences today and tomorrow and I am expecting it to continue. Sell Entry: 136.100 Targets: 135.900 | 135.725 | 135.300 | 135.000 Support 134.800 Be sure to like this post and let me know what you think in the comments.
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by DollarYenQueen
Great Opportunity To Sell USDJPY ??? Awesome R/R On This Idea!USDJPY has now moved into the key selling area between 136.4 -137.4 this is the actual area that caused the huge sell off down to 130.5 at the start if this month. It was also the area that broke the weekly trend line . We have retraced back to this level pretty quickly meaning it's highly likely we will see large selling action around this area. I will wait for a 4HR or 1HR MacD divergence or a sell signal before entering the position in this area, if the trade triggers can expect a drop back down to 130 or below. My stop loss will be around 138 great R/R on this trade idea If we get a daily break and close above the 138 then can expect a move up to test around 140 which will be a huge interest area
Short
by TheFxAce
USDJPY near to complete its correctionHi 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 USDJPY We can see a market break its strong resistance in D1. So we are expecting a strong fall near resistance. 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........
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by Theranasaramd