Forex Zone - Forex Forum

USDJPY Technical Analysis

Discussion started on Technical

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
Usdjpy Explanation of the daily timeframe: yesterday's daily candle was in the form of a bullish doji as explained that the price was still going up Explanation of the H4 timeframe: if the candle breaks high then we follow buy we wait at the price of 106.1x and 106.0x as resistance support Explanation of the M15 timeframe: the m15 chart still indicates that there is no decline as buyers are still in control
#211 - September 14, 2020, 12:45:06 AM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
Usdjpy Explanation of the daily timeframe: yesterday's daily candle was small bearish but the trend is still up and you can say that it will continue to go up for today Explanation of the H4 timeframe: our horizontal line divider today is 105.2xx and 105.6xx but wait for a break before opening buy Explanation of the M15 timeframe: the trendline on the M15 timeframe is still forming up, which means there is no sign of going down yet
#212 - October 05, 2020, 08:00:38 AM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
Usdjpy Explanation of the daily timeframe: the condition of this candlestick pair yesterday was in the form of a bullish engulfing where we will follow the uptrend today Explanation of the H4 timeframe: ranging prices for today are 105.6 and 105.5 and don't open positions before breaking high Explanation of the M15 timeframe: as we can see the price is still strong up or uptrend if it has broken the high line then we will open buy
#213 - October 06, 2020, 02:01:04 PM
Attachments:

  • Hero Member
  • Posts: 628
  • Points: 0
  • Likes Received: 59
  • Reputation: +1/-1
USDJPY started to undergo a phase change in the Bullish trend. The price of 105.53 has now passed the Moving Average Daily area.
We observe that the USDJPY chart is already good and there is a clear bullish trend.
Meanwhile the daily RSI is still good, it hasn't reached the over area.
From this market condition, you should try to wait for a little correction to make BUY with the nearest target of 106.00
#214 - November 09, 2020, 06:42:28 PM

  • Hero Member
  • Posts: 810
  • Points: 0
  • Likes Received: 120
  • Reputation: +3/-0
I analyzed USD / JPY and assumed that the current downtrend could change.
So far, the UJ pair has been under the pressure of a strong bear trend.
The estimated support points are at 104.00 & 103.20.
I am considering the 104.00 area if it persists it will give a signal to open Long positions for medium term with the target level seen at 105.50.
But if the selling pressure continues, you should add a position to the 2nd support area which is quite strong. In cases like this, the use of money management is the key.
#215 - November 18, 2020, 12:12:22 AM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
Usdjpy Explanation of the daily timeframe: the daily candle yesterday looks small bearish and our task is to follow sell Explanation of the H4 timeframe: the mother candle for h4 today is at 104.xx and 103.xx sell if it breaks below Explanation of the M15 timeframe: a clear price movement appears on the trendline M15 we will wait for the correction price after the break
#216 - November 29, 2020, 09:41:41 PM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
Usdjpy Explanation of the daily timeframe: yesterday's daily candle was a bullish doji, but don't buy immediately, look at a small timeframe Explanation of the H4 timeframe: ranging prices for today are 104.5 and 103.2, wait for a resistance break first The explanation of the M15: m15 timeframe is currently still strong, but it's not time to buy, wait for the candle pattern first
#217 - December 02, 2020, 12:09:13 AM
Attachments:

  • Hero Member
  • Posts: 1075
  • Points: 386
  • Likes Received: 8
  • Reputation: +0/-8
Yesterday USDJPY finally was able to break its daily resistance area at the price range of 109.71, this could encourage USDJPY to continue moving higher in my opinion.
#218 - May 28, 2021, 02:55:12 AM
Attachments:

  • Hero Member
  • Posts: 9575
  • Points: 59
  • Likes Received: 728
  • Reputation: +10/-20
If we look at the Monthly Tf, EURUSD is still bullish, but if we go down to the Weekly TF we need to be aware of the formation of a doji candle that occurs. In TF Daily, the direction of EURUSD is not very clear and on Tf H4 here we can see that yesterday EURUSD had formed a long bullish candle. Now to carry out the execution, we can immediately enter by opening a long position on TF H1 with a target around the price of 1.2195
#219 - June 05, 2021, 08:23:28 AM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 561
  • Reputation: +22/-18
as we see pair usdjpy h1 and m30 is still sideways but tends to rise, and this is our chance to buy on this Thursday, so my advice is to focus on buy only in the area of 110,600
#220 - July 07, 2021, 10:37:28 PM
Attachments:

  • Sr. Member
  • Posts: 365
  • Points: 624
  • Likes Received: 2
  • Reputation: +0/-0
USDJPY has the potential to move up as price correction can be seen from the H1 time frame, and CCI is in the oversold area, after that it is likely to go down again


#221 - August 14, 2021, 10:57:04 PM
Attachments:

  • Jr. Member
  • Posts: 61
  • Points: 2
  • Likes Received: 0
  • Reputation: +0/-0
My analysis on USDJPY today is likely to go down because the Stohastic Oscillator indicator shows overbought.
#222 - August 17, 2021, 11:41:30 PM
Attachments:

  • Hero Member
  • Posts: 9575
  • Points: 59
  • Likes Received: 728
  • Reputation: +10/-20
A sell order on USDJPY today touched a take profit with a total profit of $0.13
#223 - November 29, 2021, 11:23:01 AM
Attachments:

Members:

0 Members and 1 Guest are viewing this topic.