USDJPY-SHORTUSDJPY as trading in a bullish trend for a while now price has formed a head and shoulder pattern which is a reversal pattern so we anticipate that this bullish trend will gets reversed as price breaks the necklineShortby shanihamzaUpdated 9
USDJPYM1 : bearish IMB failing to Hold, Heading towards High W1 : Consolidation D1 : Uptrend 4H : Shifted from Bearish to Bullish And pulled back to 50% Leg 1H : Bullish Narrative : * Monthly is heading towards the high, Weekly and Daily looks a bit Consolidation. * 4H and 1H has shifted from bearish to bullish and 15 Minute also Shows bullish shift in market structure. We can potentially open Long position on Monday Open one Position On Market Execution and another position on 1H OB if price comes to fill the order to the OB.Longby nptrade24Updated 4
JPYUSD will pump to the last september high at 0,007163JPYUSD inside of a descending wedge for more than 10 years and is showing signs of a bottom formation with several bullish divergences in the high timeframes with the strong resistance between the 0,008 and 0,0087 region. If it can continue above theses regions mentioned, the next strong resistance will be between 0,0097 and 0,0103.Longby Miketubarao6
USD_JPY LONG FROM SUPPORT| ✅USD_JPY has been falling recently And the pair seems locally oversold So as the pair is approaching a horizontal support of 149.000 Price growth is to be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx113
discussion about the trend of the #USDJPY in the new week.Friends who are interested, let's start a discussion about the trend of the #dollar in the new week. As you know, for example: the dollar-yen exchange rate has reached 149.53 from 156.76 units and has decreased by more than 72 pips or 4.61%. - On the valid 4-hour time frame, the RSI indicator is in the oversold zone - The chart is in its own good support zone Regarding the election of Mr. Trump, the stability in the global economy and the expansionary policy, etc., the above exchange rate will not remain at the current number. For example, we can look for a suitable bottom for a #long position by examining the relevant currency pair (of course, with technical confirmation and appropriate candlesticks.)Longby mansour19784
A USD C Leg Would Offer Mega Profits. Here's a complimenting USDJPY analysis to the C leg hypothesis explained in the below post. I've been buying USDJPY a lot recently. Heavily loading up into the aggressive crash moves intraday, moving stops to even and by this point fully expecting that nice clean rip to new daily highs, where I begin to trail stops and look to repeat into the next crash. It's started to feel really easy of late, and that's always a good reason to be cautious. Because although it is true there are times it's easy trading the trend, it is always easy trading the trend heading into the reversal. Heading into a reversal aggressive dip buying is heavily rewarded. That's what makes it feel like a good idea to dumb stuff into the reversal. The USD reversal here would be an epic trade. A case can be made for the high of USDJPY being in now and this being a bull trap rally. Inside of that case, we'd now be at the area where there is most risk of it turning. We have the 76 rejection and the 61 retest. In a strong move, we're usually going to see the 61 reject. If the USDJPY high is not made with the 76 but there is going to be a big high in it, then we'd likely see a butterfly. That'd mean a hyper bullish USD in the near future but that being a false breakout. Top to bottom that trade would pay a little over $300 per 0.01 traded. These are big numbers when you consider your risk per 100 pips is $7 trading at 0.01. USDJPY could have a little more go to fill local short level but to bet on the high being in the risk on the trade looks like this. If that trade fails as a reversal pattern then usually the most bearish thing you can hope for is a big spike to fill the butterfly. That's another great level to try to fade the move inside of a narrow zone but given that if the 76 trade fails usually the best case is a bearish butterfly - this is really bad for immediate term shorts. It'll go parabolic even if you're generally right. And if you're entirely wrong it's just going to trend against you. All pullbacks ending higher than the last. I feel like a lot of the times there are major reversals in USDJPY we see a really strong open to the week. This can come off a gap down. I remember a big USDJPY recent high being a 50 pip gap down, recovery and then 200 pips up in a minute into the high. Anything tell tale like that early in the week I'd probably be interested in fading around the resistance levels. If we keep rallying through I'll stick with my buying all dips strategy with USDJPY and review it at the 1.61 if we get there. But if we see a sharp break in this I'm going to start to act as if we're inside of a developing C leg. Inside of a big C leg the small chart action would usually be something like this. And this would pick up momentum as it went until it turned into a full blown crash. If all of that happens, I think we'll see the most spectacular of USD rallies after it. A mighty crash in USD could set the scene for a really big and sustained rally. Would be really obvious to look for if the C leg idea hits. Shortby holeyprofitUpdated 0
USD/JPY MARKET STRUCTURE USDJPY pair just rebounded at the 50% retracement level with a strong bullish momentum. This shows there could be a possibility of price to trade more bullish and possibly trade a new high from 156,793 we’re looking forward to seeing a little retrace in price for more bullish price action.Longby Cartela0
USDJPY Resistance TestHello, Following last week's anticipated rebound, FX:USDJPY is approaching a key resistance level at 153.775. A break and close above this level would signal further upside. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344by TradeWithTheTrend33441
USDJPY Wave Analysis 13 December 2024 - USDJPY reversed from support zone - Likely to rise to resistance level 156.35 USDJPY currency pair recently reversed up from the support zone located between the key support level 149.20 (former low of wave ii from the middle of October), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse (1) from September. The upward reversal from the support zone started the active intermediate impulse wave (1). Given the clear daily uptrend, USDJPY currency pair can be expected to rise further to the next resistance level 156.35, top of the previous impulse wave (1). Longby FxProGlobal0
USDJPY bullish move Deep CrabJust trying to catch the remainder of this bullish move. I am looking for a candle close at around 152.500-152.600 on the daily chart for confirmation, then a slight pullback (23.6-88.6, open multiple positions within these levels) before bouncing up to 153.150. I will not take the trade if the daily candle doesn't close above 152.500-152.600. Happy TradingLongby amostradesUpdated 0
FINAL UPDATE FOR THE USD/JPY TRADEUSD/JPY 1H - Afternoon people, this is the final update for our UJ trade, as you can see price has played out perfectly. Within 4 days our TP has been achieved with very little issues at all. Price pulled back multiple times to give us the opportunity to get introduced again and again, so if the first two opportunities I presented to you all were missed you still had the ability to get involved with a refined entry. This trade took profit for + 332 pips. (+ 16%) 16RR A big well done to any of you who got involved in this market this week based on the analysis provided and from the Sunday Sessions video, I hope you all managed the trade accordingly to make the most from the position. Its important that we take partials and apply safety measures throughout the the trade, this allows us to maximise profits from our positions whilst minimising losses. Any questions drop me a message or comment below!Longby Lukegforex2
USDJPY: Short Trade Explained USDJPY - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell USDJPY Entry Level - 153.32 Sl - 154.28 Tp - 151.61 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals111
USDJPY 30mints According to the USDJPY 30mints time frame there is a pattern of higher high and higher low which i analysed and it's market last move to upside then it will fall because i used the stochistic indicator which is on the top level, it seems like it will fall soon.Shortby Fx_Publu_Trader0
Fundamental Market Analysis for December 13, 2024 USDJPYFading hopes of a Bank of Japan rate hike in December are putting the JPY bulls on the defensive. Higher U.S. bond yields are supporting the dollar and putting pressure on the low-yielding yen. The Japanese yen (JPY) continues to defend against its U.S. counterpart, lifting the USD/JPY pair closer to 153.000 or a new monthly peak during the Asian session on Friday. Recent media reports suggest that the Bank of Japan (BoJ) will not raise interest rates at its upcoming meeting next week, which in turn continues to undermine the Yen. In addition, expectations that the Federal Reserve (Fed) will be less dovish continue to support rising US Treasury yields and put further pressure on the low-yielding yen. Meanwhile, the Bank of Japan's quarterly Tankan survey released today showed that business confidence of Japan's major manufacturers improved slightly in the fourth quarter of 2024. This fits well with the central bank's plans to gradually raise interest rates and could deter yen bears from aggressive bets. In addition, lingering geopolitical risks and concerns over US President-elect Donald Trump's tariff plans should help limit losses for the safe-haven yen ahead of next week's key central bank events - the Fed and Bank of Japan meetings. Trading recommendation: Watch the level of 153.000, trading mainly with Buy orders.Longby Fresh-Forexcast20040
USDJPY (10W) High Timeframe AnalysisPosition Trader's Opportunity The USDJPY pair is currently trending upwards in the long-term. However, in the short-term, we're seeing potential for a downward correction towards the significant support level of 134.51. Key Levels to Watch: PIVOT HIGH @ 204.75 SLO2 @ 198.36 ⏳Resistance, major SLO1 @ 185.44 ⏳ TP4 @ 178.91 TP3 @ 155.40 TP2 @ 140.15 Support, major @ 134.51 TP1 @ 118.20 Pivot Low @ 75.565 Trading Strategy: A cautious approach is recommended. While the long-term trend remains bullish, it's crucial to be aware of the potential for a short-term pullback. 📈Holding a long position above 185.44 is HIGH-RISK (the Supply Zone). 📉If the price breaks and closes below 152.16, it could signal a stronger downward trend. 📉 During the downtrend expect the possibility of Price Action reaching Support @ 1.3451 Longby ProfessorCEWard3
USD/JPY 15-Minute SetupHello traders! 🚀 Here's my idea for USD/JPY on the 15-minute chart: Long entry at 152.420, stop loss at 152.200, and first target at 152.852. Let's see how it plays out! 🎯 Longby rebenga931
ANOTHER UPDATE ON USD/JPY TRADEUSD/JPY 1H - Well well well, would you look at how price has played out during the London session today, as you can see price has played out perfectly. Giving us the opportunity to profit on the long positions. We have seen price continue to trade us in a bullish way and provide us with some incredible profits offered to us from the analysis given in this weeks Sunday Sessions video. This trade is currently running + 295 pips. (+ 14%) 14RR A huge well done to anyone who took advantage of this analysis, the Sunday Sessions are there to offer you with trading opportunities for the start of the week, and the VIP chat as you know is for any opportunities mid week. If you are involved, be sure to take partials and apply safety measures with your positions, its important you manage these trades just as well as you place them, any questions drop me a message or comment below.Longby Lukegforex1
what is your idea about USD now ? what is your idea about USD now ? In the 15 minute timeframe we have an umbrella pattern. Considering the Golden Zone and also the FVG, we can hope for the long position shown given the good candles and of course the US dollar news. Good luck Don't forget about money management.Longby mansour19781
USD/JPY 4H Timeframe AnalysisUSD/JPY 4H Timeframe Analysis Trend: USD/JPY is in an uptrend but has lost buying momentum. The price recently broke below two minor support levels (previously resistance) and continued falling towards the minor key support zone at 151.500. After a slight retracement, sellers pushed the price lower, hitting the major support zone at 149.000. The market is now forming lower lows and lower highs, with the trendline also broken. Price Action Expectation: The trendline and key support have been broken, signaling a shift. We expect the price to retest and break the minor support again, potentially triggering buyers' stop-loss liquidations. Once the price rises and breaks the previous minor resistance, we’ll place a buy stop order at 151.600, with a stop loss just below the liquidity zone at 150.860. Our take profit target is the next minor key resistance at 153.230. Trade Setup: Buy Stop Entry: 151.600 Stop Loss: 150.860 (below the liquidity zone) Take Profit: 153.230 (next minor key resistance) Risk: 1% Fundamental Outlook: Upcoming CPI Data: The upcoming U.S. Consumer Price Index (CPI) report is expected to impact USD/JPY. If inflation remains high, it could strengthen the U.S. dollar, leading to upward pressure on USD/JPY. Conversely, lower-than-expected inflation could weaken the dollar, creating bearish pressure on the pair.Longby RebornFXTrader2
Usdjpy h4Structure h4, just saw that structure already created new HH.. possible will create new HH for h4Longby ahmadnurafiqfitri0
USDJPY Possible Longs2024/12/11 D1 : Bullish 4H : Currently Bullish Narrative : Currently USDJPY has been turned bullish so we are currently waiting for D1.OB to tap by taking 4H sellside liquidity to look for long since BOJ interest decision is near so market might flip to the downside too. Always look for possible scenarios.Longby nptrade240
USD/JPY - Trade UpdateWe’ve just closed out our latest trade on USD/JPY with the trailing take profit activated. Results: * Achieved a solid 3.3RR. * Final change: +0.46%. This was a great example of aligning with the trend, letting the market move in our favor, and utilizing the WiseOwl Indicator for precise entry and exit points. Key Takeaway: Staying disciplined and trusting the system pays off. Looking forward to the next opportunity as the market continues to evolve!by TraderOuss_LumaNex2