Usdjpylong
$USDJPY | Buy Trade | Market Exec | Technical Confluences:
- Price has been trying to consolidate at these prices
- Prices have bounced off the Interest Zone but will face Resistance Trendlines and interest zones above
Fundamental Confluences:
- Similarly, like the earlier FX:USDCHF post
- Market seems to have overdone their expectation of many rate cuts and based on how FED normally reacts, they are more reactive than pre-emptive.
- In that sense, the Jackson Hole event this Friday may disappoint markets if Powell sticks to his affirmation that Sept cut is highly likely but any other cuts will remain data-dependent (If I'm wrong, then we will cut it if it breaks the 2024 low)
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Taking on a short punt on the FX:USDJPY long trade before Jackson Hole event.
It will be a digital event trade. Make or break.
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Don't miss the great SEE Opportunity in USDJPYChart indicates a potential bullish move in the USD/JPY pair, with a target around the 147.00 level. The trade setup shows a strong support level at 145.00, with a tight stop loss, suggesting a calculated entry into the market. If the price continues to respect the support at 145.00 and breaks higher, the trade has a good chance of reaching the target.
Holding Longs on USDJPYUSDJPY has showed a significant reversal after taking out the low of the previous week low, leaving a daily order block.
This week price has swept Monday's low and closing above the open price of the last bearish candle making it a daily +OB, which did support the price yesterday and made that jump.
USD/JPY Finally Breakout , Best Place To Buy It To Get 200 Pips This 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.
USDJPY BUY TF H1 TP = 153.24On the H1 chart the trend started on Aug. 05 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 153.24
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
BUY TRADE ON USDJPYUSDJPY in a Potential Uptrend
The price broke out of a strong resistance zone and turned support multiple times.
The price is developing, and I am waiting for a break above the resistance to go LONG.
Alternatively, if the price breaks below support, then there will be an opportunity to go SHORT if the broken support is retested and used ad resistance.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Cup & Handle Pattern Emerges: Seizing Opportunity with CautionDirectly above, a chart lays out its own narrative—a discernible Cup & Handle pattern. With this formation in place, I am inclined to position for a bullish endeavor, with an initial target set at 150.00. It's crucial, however, to exercise prudence and refrain from sizing up your trades excessively, which could amplify risk. A more advisable approach involves fragmenting your entry and establishing a stop loss set at 1-week closure below 138.00. As this undertaking warrants a degree of patience, given its nature as a swing trade, rest assured that I will closely monitor developments and provide updates as needed.
Wishing you profitable endeavors,
USDJPY "Gopher" Bank Bullish Money heist PlanMy Dear Robbers / Traders,
This is our master plan to Heist USDJPY Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
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Stop Loss : Recent Swing Low using 30m timeframe
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USDJPY: +1800 PIPS Big Buying Opportunity! Dear Traders,
Hope you are doing great last two setups on USDJPY, did not work out in our favour, however, we still aim for price to grow after touching our area. Please wait for price to drop to our area before entering or taking any entries.
Good luck and trade safe.
#USDJPY: +1200 Pips Major Swing Buy! Dear Traders,
Due sudden bullish move on JPY index, price fell to 152.00 region compared to 155.00 which was our area for reversal in our last idea which hit breakeven after being in profit of 180+ pips. So now we have possible reversal point from this area, however, the price is still tricky. Please use accurate risk management.
Good luck.
GBPJPY and USDJPY Top-down analysis Hello 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 could test 157,50 zone (250 pips rise)After an impressive 1000-pip drop in two weeks, USD/JPY reversed precisely from an old resistance level, now support at 152.
At this point, we also see a higher low in place, and bulls seem determined to recover lost ground.
In the overall trend, the 1000-pip drop is merely a correction and even if there will be a new leg down toward the important 150 level, a test of the 157.50 zone is probable.
I remain bullish as long as the 152.80-153.00 zone holds intact.
Buying dips below 154 could be a good strategy with a risk-reward ratio of more than 1:3.
The yen exchange rate jumped because speculators feared interven
An ascending flag pattern appears, showing the recovery of USDJPY when news about the stock market or the recent presidential appointment continues to be good for the US market.
The USD fell to its lowest stage in approximately 2 months, a improvement amplified via way of means of the pointy boom withinside the fee of the yen that triggered turmoil in worldwide foreign money markets withinside the buying and selling consultation on Wednesday and this morning (18 /7).
Bloomberg Dollar Spot Index, an index of Bloomberg information organization that measures the USD alternate charge instantaneous marketplace, fell via way of means of 0.4% on Wednesday, to its lowest stage when you consider that past due May. This morning, the index persevered persevered to fall further, whilst the yen/USD alternate charge from time to time accelerated to 155.7 yen for 1 USD.
In addition to the downward strain at the USD from the opportunity that americaA Federal Reserve (Fed) can also additionally decrease hobby costs in September, the yen additionally accelerated sharply because of hypothesis withinside the marketplace that Japanese government can preserve to interfere withinside the forex marketplace to assist the home foreign exchange charge.
The yen has accelerated in fee via way of means of approximately 4% when you consider that closing Thursday - the time while Japanese government are stated to have intervened via way of means of promoting overseas foreign money into the marketplace. Japan`s Ministry of Finance and the Bank of Japan (BOJ) can also additionally have persevered to interfere on Friday.
In addition, the yen additionally accelerated in fee due to the fact an influential Japanese flesh presser referred to as at the BOJ to elevate hobby costs to assist the yen alternate charge, and previous US President Donald Trump issued a caution approximately the devaluation fashion of the yen. yen - a component that allows Japan advantage a higher aggressive role in exports.
Before this recovery, the yen closing week fell to almost 162 yen in line with USD, its lowest stage in 38 years.
Fluctuations withinside the USD/Japanese yen alternate charge appear to have had a robust effect on different USD foreign money pairs - in step with leader strategist Valentin Marinov of Credit Agricole bank.
USDJPY - UniverseMetta - Analysis#USDJPY - UniverseMetta - Analysis
D1 - We are in the oversold zone, the price has also adjusted by 4% from the maximum.
H4 - A 3 wave structure may form. The entry can be considered from these levels or wait until the structure is formed. The most likely scenario is to consolidate behind the trend line and continue to consider purchases. Stop for the formed fractal/2nd wave. Local targets 158.350. Next, a correction may form, and volumes can be increased for further upward movement if there is a retest of the level. The reverse side is the formation of an ABC structure and a further downward fall.
Target 158.350. - 161.930
7 Dimension Buy Trade For USDJPY Core Analysis Method: Smart Money Concepts
😇7 Dimension Analysis
Time Frame: 15M
1: Swing Structure: Bullish with BOS after taking the inducement. Bullish impulsive swing move starts making a pullback in the internal structure POI liquidity zone. External POI OB FVG already taken from the discounted area.
🟢 Entry Model: Whale scoop
Support liquidity demand area might act as a reversal zone.
2: Pattern
🟢 CHART PATTERNS: No chart pattern is formed. Shakeout continuation.
🟢 CANDLE PATTERNS: No significant candle pattern here.
3: Volume: Volume is almost dry during the whole corrective move, but we observed huge volume when the price takes liquidity or forms a false breakout.
4: Momentum RSI
🟢 RSI is still in the bullish zone, taking support on the extreme bullish support 40 level. No range shift yet and not any bullish support divergence. A bearish loud move makes some doubt, but it will confirm when the price gives a proper breakout on any side in this momentum range.
5: Volatility Bollinger Bands
🟢 A strong contraction is forming. This contraction breakout will confirm the proper move.
6: Strength: USD is still weaker.
7: Sentiment: Buy for the short term.
✔️ Entry Time Frame: 15M
✅ Entry TF Structure: Bullish
✔ Entry time liquidity take waiting
💡 Decision: Buy
🚀 Entry: 157.170
✋ Stop Loss: 156.890
🎯 Take Profit: 158.275
😊 Risk to Reward Ratio: 4RR
🕛 Expected Duration: 1 Day
Short SUMMARY: Analysis supports a strong buy position based on the Smart Money Concepts methodology, with expected bullish momentum and high potential reward.
#USDJPY: +1000 PIPS Trading Setup | Do Not Miss Out|Recently we witnessed a sharp dropped on USDJPY due to BOJ hints of intervene in currency market. However, in fact they just gave hint of intervention and did not specify the plan. In some scenario, many says, it was a move to alter the direction of JPY pairs for sometime. In our view price is likely to move upside strongly after touching our area. We therefore advise you, if you are taking sell entry be extra cautious.
Good luck and trade safe.
USDJPY
The USD/JPY price appears bullish on the 1-hour timeframe due to the completion of an Elliott Wave ABC correction and a reversal falling wedge pattern. We plan to enter a buy position after the breakout of the resistance trendline and key level. This technical setup suggests potential for upward movement.