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JPYUSD

JPY - But With a new ApproachInstead of just saying "Go in!" let's try a little watch and wait. We're in a downtrend overall from the 4hr, but also at a key level from the 4hr as support. I see it tried to reverse before all the news happened last week, But dropped one more level. Buy the level, if some reasons present themselves around the 130.5, with a hedge sell below at 130.3 if the buy is taken. Target the next level. Simple Just looking for a reaction and retest for entry criteria
Long
by ForexStoryteller
USD/JPY market forecast and trend analysisDue to the significant decline in US bond yields, investors have been prompted to bet that it will be difficult for the Federal Reserve to raise interest rates further. The peak of US dollar interest rates is expected to come. It seems that the pressure on the yen in terms of interest spreads is being lifted, and the yen has once again returned to a clear strong return posture. Judging from the trend, USD/JPY is currently under pressure in the trend channel, and has recently fallen under pressure here many times, supporting USD/JPY to continue to fluctuate in the downward channel, thereby increasing the possibility of the pair approaching the next bearish target near 130. In addition, USD/JPY has fallen under pressure many times near 132.65, which has consumed the upward momentum to a certain extent. When market psychological pressure is formed, some subsequent selling orders may trigger short-selling to make up for it, and push USD/JPY to open a market to make up for the decline. In terms of trading ideas, USD/JPY: You can enter the market with short orders near 132.65 in small batches, and the short-term target is near 131. In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
Short
by Short-term-king
USD/JPY is relatively optimisticUSD/JPY At present, USD/JPY is relatively maintained at its high level since this year, and the US dollar has recently gained support in Powell's hawkish speech, and the bullish sentiment of the US dollar is rising, limiting the room for USD/JPY to fall. Judging from the 4-hour chart, the current market has received certain buying support at the 136 mark, and the market has been able to rebound, but there is still a lack of strength.So I think it will be digested in the form of shocks from the technical point of view alone. Waiting for the policy decision of the Bank of Japan on Friday and the monthly non-farm payrolls report of the United States should provide a new thrust for USD/JPY. In addition, structurally speaking, before the end of the USD/JPY market, it is expected to form a head and shoulder pattern, but the right shoulder pattern has not yet been constructed, so USD/JPY should have a period of rebound from the technical structure before turning into a downward pattern; in addition, the 136 mark is likely to attract some bulls, thereby limiting the market's decline, and the 135 position is the strong support at the previous top-bottom conversion position, only after USD/JPY breaks below the 135 position can it be regarded as a short trend.Before that, USD/JPY was relatively optimistic. In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
Long
by Blessed_V
2
USDJPY 4hr Analysis 03/01/22The USDJPY pair is expected to reach the support trendline on the 4-hour timeframe and approach a significant level of 135.224, which will create a price confluence. I anticipate a reversal from this crucial level. Nevertheless, if the price breaks the support trendline and closes below it, I will switch from my bullish bias to bearish. It's worth noting that the DXY is declining, which is causing other correlated currency pairs to follow suit. Until the DXY possibly finds a support level and reverses back to the upside, I doubt that the USDJPY will experience a significant pullback.
by Popeson
USDJPY: A RALLY EXPECTED.Hello traders, Dexter here with a quick update on USDJPY. This update is on the daily chart and if you are into forex trading then it is going to be helpful for you. After 84 days of bleeding reds, the USDJPY is showing some signs of recovery. A straight -16% drop has formed a falling wedge pattern and the current price action is indicating a rally around the corner. Currently, USDJPY has broken above the symmetrical pattern as well which looks good and if the market goes under the favor of bulls then we can expect the USDJPY to reach ¥138 in the coming days. The invalidation point for USDJPY will be ¥131.2 support level. Key points: * ¥131.2 support level. * ¥138 expected target. I hope this update was helpful to you. Trade safely.
Long
by Dexter_The_Trader
5
USA vs Japan- Everything is in chart. - Again an easy short, same as i predicted UK Bounce few weeks ago. - This is not a scalp but a Medium/Long term trade. -------------------------------------------------------------------------------------------- Trading Parts : -------------------------------------------------------------------------------------------- Short Zone : Now 149-150 ish TP1 : 127-126 ish TP2 : 116-117 ish SL : 165 -------------------------------------------------------------------------------------------- - You climb to reach the summit, but once there, you discover that all roads lead down. Happy Tr4Ding !
Short
by thecryer
4
💵U.S.Dollar/Japanese Yen 💵Analyze (01/09/2023)!!!If you would like to know my 🗺️roadmap🗺️ on U.S.Dollar/Japanese Yen, sees the post below. (According to my analysis, it moved beautifully 😎✅)👇 The U.S. Dollar/Japanese yen is moving in the support zone, and according to the theory of Elliott waves, the end of wave A could be in this zone. Also, U.S. Dollar/Japanese Yen can form an Inverted Head and Shoulders Pattern, and this itself can be a sign of the end of the recent downward trend. I expect U.S. dollar/Japanese Yen to rise to at least my 🎯target🎯 after breaking the downtrend line. 🔅U.S.Dollar/Japanese Yen Analyze ( USDJPY ) Timeframe 4H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
5