The USDJPY achieves new gains – AnalysisThe USDJPY pair rallied upwards yesterday to breach the bearish channel’s resistance and settles above it, to hint the attempt to recover on the intraday basis, but we notice that stochastic shows clear negative signals that put the price under negative pressure now, to face contradiction between the technical indicators that makes us prefer to stay aside until we get clearer signal for the next trend.
Note that continuing the rise and breaching 133.30 will lead the price to turn to the bullish trend and achieve gains that start at 134.50, while breaking 131.75 support will push the price back to the bearish track to head towards visiting 128.90 on the near term basis.
The expected trading range for today is between 131.30 support and 132.30 resistance
The expected trend for today: Neutral
Usdjpysignal
DeGRAM | USDJPY long opportunityUSDJPY is trading in the descending channel .
Price is returning to the resistance level as a result of the market making a shallow lower low, indicating that the bears were unable to push the price lower.
The marker is likely to retest the resistance level, potentially resulting in an AB=CD pattern.
We expect a retest of the resistance level.
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USDJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 | Perspective for the new week/yearAsian currencies witnessed a positive start to the new year as investors bet on slower interest rate hikes by the U.S. Federal Reserve and a weaker dollar. Despite a dull start to the year, It is worth noting that the first NFP for the year is a high-impact macroeconomic event that has a tendency to bring some liquidity into the market and we are likely going to see the reflection of this anticipation on the chart in price action. In this video, we looked at the chart from a technical standpoint and deduced the importance of the 131.000 level which will be a determinant of price movement in the nearest future.
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS#USDJPY
- As of last day, the MARKET SENTIMENT for USD was slightly on the DOWN SIDE. The main reason for that is that the dollar is starting to weaken quite a bit. The dollar has strengthened after the December FOMC. All MARKETS including STOCKS and COMMODITIES are going down slightly due to the OFF of MARKET RISK.
With the arrival of FED UPDATES POSITIVE USD BUY again. So JPY went down automatically in previous days. But the UPDATES of BANK OF JAPAN are quite
- There is definitely a high possibility that USDJPY will go UP a bit more and move to 133.67 LEVEL. Anyway, USDJPY price can go down to 126.46 LEVEL after that. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
UsdJpy could rise to 135 zoneAfter an initial drop yesterday, UsdJpy reversed from this important zone of support, leaving a nice Pin Bar on our daily chart.
This could be the signal for a reversal and bulls could target 135 resistance.
Confirmation for a rise coms with da daily close above yesterday's high and this outlook is valid as long as yesterday's low remains intact.
USDJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
DeGRAM | USDJPY at swing zoneUSDJPY is pulling back to the resistance level, which is a swing zone and 50% fibo. Look left.
The marker is moving downward in a channel, and the trend is bearish.
We expect a trend-continuation trade.
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USDJPY 2H: 27/12/2022: Do you see bull?
As you can see, price has a bullish reaction to high time frame supply zone.
Because of that sudden fall, we can see fair value gap that price will move to there.
Potential buy zone:
131.65 - 132
130.5 - 131.5
Target:
135.18
136
137
137.7
💡Wait for update!
🗓️27/12/2022
🔎 DYOR
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USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS#USDJPY
- As of last day, the MARKET SENTIMENT for EUR was slightly UP SIDE. The main reason for that is that the dollar is starting to weaken quite a bit. The dollar has strengthened after the December FOMC. All MARKETS including STOCKS and COMMODITIES are going down slightly due to the OFF of MARKET RISK.
With the arrival of FED UPDATES POSITIVE USD BUY again. So JPY went down automatically in previous days. But the UPDATES of BANK OF JAPAN are quite
- There is definitely a very high possibility that USDJPY will go UP a bit more and move to 135.61 LEVEL. Anyway, USDJPY price can go down to 128.04 LEVEL after that. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE. USDJPY
USDJPY | Perspective for the new week | follow-up detailsFollowing a rollercoaster🎢 of ups and downs last week, we were able to close the week with over 500pips in profit (see the link below for reference purposes). Results from Friday's data revealed that Japanese manufacturing activity contracted more than expected in December thereby weakening demand and further denting productive capacity. How will this development reflect on the charts? In this video, we looked at the charts from a technical standpoint and identified a structure within the 138 and 135 zones for trading opportunities in the new week.
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
DeGRAM | USDJPY trend continuationUSDJPY is coiling up at the resistance zone .
The marker is moving downward in a channel.
Price action has gained momentum, and there is a high chance that trend will continue.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
USDJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 is ready to go shortHere we are at the end of the broken uptrend, we are waiting for the price to come back to test our 136.15 level before selling massively to project towards the daily 132.00 support.
The news was disappointing for the dollar which should plunge even further for the upcoming holiday season its price even lower
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS#USDJPY
- As of last day, the MARKET SENTIMENT for EUR was slightly UP SIDE. The main reason for that is that the dollar is starting to weaken quite a bit. The dollar has strengthened after the December FOMC. All MARKETS including STOCKS and COMMODITIES are going down slightly due to the OFF of MARKET RISK.
With the arrival of FED UPDATES POSITIVE USD BUY again. So JPY went down automatically in previous days. But the UPDATES of BANK OF JAPAN are quite
- There is definitely a high chance that USDJPY will go UP a bit more and move to 142.35 LEVEL. Anyway, USDJPY price can go down to 130.00 LEVEL after that. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.