U.S. Dollar / Japanese Yen forum
USDJPY going to 156.50USDJPY my target reached on my idea 😊👍
USDJPY pull back and rejection on a 30m close
USDJPY Whoever sold at 158.*** region is a legend well done 👌🏽 let's get it
USDJPY London close reversal any advice?USDJPY ive been reading these idea's..from experienced traders are we already betting on shorts or based on your reasons from idea's below or we become cautious until trump get into office?
USDJPY i think heading into next year, being short the Yen will be a safe move.The US will cut rates more, the Japanese will hike, we might see some conflicts end and take pressure off safe haven pairs.
Also, the interest rate differential between the US and other countries will close, it'll force the pairs to strengthen naturally.
USDJPY 📊 USDJPY Intraday Trade Setups
💼 Trade Idea: Buy Intraday Trade Setup
🔹 Entry Price: ✨ 157.716
🔹 Stop Loss: ❌ 157.500
🔹 Take Profit 1: 🎯 158.000
🔹 Take Profit 2: 🎯 158.250
📌 Reason for Entry:
The entry price of 157.716 is near a significant support level identified through daily Fibonacci retracement. The price action suggests a potential upward reversal, with the first target at 158.000 and the second target at 158.250. The stop loss is placed at 157.500 to manage risk effectively.
💼 Trade Idea: Sell Intraday Trade Setup
🔹 Entry Price: ✨ 157.946
🔹 Stop Loss: ❌ 158.200
🔹 Take Profit 1: 🎯 157.800
🔹 Take Profit 2: 🎯 157.600
📌 Reason for Entry:
The entry price of 157.946 aligns with a strong resistance level based on daily Fibonacci retracement levels. The market shows signs of a potential downward movement, with the first target at 157.800 and the second target at 157.600. The stop loss is set at 158.200 to control risk.
💡 Summary:
USDJPY is at critical levels, with support at 157.716 and resistance at 157.946. The Buy Setup at 157.716 targets 158.000 and 158.250, while the Sell Setup at 157.946 targets 157.800 and 157.600. These setups are based on daily Fibonacci retracement levels and strong support/resistance zones.
USDJPY gold 2630 target setuptradingview.com/x/qB7OpXkK
USDJPY This thing will come crashing down, eventually, soon, but it's hard to go all in at a certain level. No one knows when for sure.I personally scale into shorts, at each level at add a little more.
There will be an intervention by many countries soon.
The USD is crushing many nations ability to trade. Many currency pairs are testing covid lows.