Usdjpyidea
USDJPY SHORT! Yen near Reversal to satisfy Shorts!
Overview:
Yen has failed remarkably at 87.34 - 89.17 Buy-zone where Buyers previously shored Support.
87.34 - 82.37 is a Major Buy-zone layered with numerous Buy-levels which, so far, all have failed to attract Buyers.
So what are the chances USDJPY will experience the unprecedented and anticipated Selloff?
First the Yen has to find Buyers. Technically, The Buy-zone has now drastically narrowed to 81.89 through 79.56 zone or lower to 77.54 --Or through tests at the Trend-line. It is not clear how long Buyers will take to raise the Yen index-- But it is Clear where they have the Best chance to reverse the Index.
Note: Idea is to complement your research.
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USD/JPY Moving In This Channel , Scalping And Swing Setups ValidThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
USD/JPY After 350 Pips From last Analysis New Long SetupHello Traders, pair Still respecting ascending channel with now above a new support when touch 128.050 with refusal Take a buy Position to get New 300 pips until 130.000 , wait entry until you can place stop loss below 127.400 .
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USDJPY ForecastThe market has given us new higher highs as anticipated, it’s breaking records. Now when we take a closer look we see that bears are looking to take over, the market provided us with a higher high, then a higher low and made another higher peak to break the previous one and made a retracement to our liquidity zone, now we have our fractal high as the 3-bar pattern with a beautiful shooting star. USDJPY now portrays 3 strong indications that influences the market to go bearish... we expect it to drop to our previous resistance which is now our potential support at price 116.000... we just have to see how our candlestick will close for confirmation...
USDJPY SHORT/SELL IDEAHello Traders,
Hope you are having an amazing week.
Above is my analysis on USDJPY, overall perspective is very BEARISH.
One thing to keep in mind this week before taking a trade is the fundamental outlook on both the USD & Yen Pairs.
Nevertheless, our perspective is still bearish given that we are currently in a key area of supply.
Looking forward to see how this plays out.
Thank you for your support,
ETGL TEAM 💛
sell setup for usdjpythe price is too close to the weekly resistance, so we expect the price will reject it making a correction
at least to the 38.20 % Fib from the long leg.
so we should wait on smaller TF for a clear momentum shift to the downside.
if the price break and closes above the weekly resistance, this scenario will fail.
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USDJPY Daily Short!
Overview:
USD has The FOMC Fed Announcement this Wednesday March 16, which is cause for volatility (fundamentally) in currency paired with USD.
USDJPY is approaching clusters of Resistance and, technically, potential reversal is expected as sellers attempt control starting 118.226 price-range down to 114.201 for target.
Note: Idea is to complement your research.
Check comments section for future updates on idea.
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USDJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.