BUY USDJPY
For a better understanding of the chart analysis, read from left to right on each chart. While USDJPY appears to be on a downward trend, it experienced a bull run up to 137.00 before retracing back to the weekly level (marked by the blue area on the daily chart).
On the 4-hour chart, there's a large inverse head and shoulders pattern, and the price breaks short-term highs (indicated by the blue ellipse). As long as the price stays above 132.000 with strong bullish confirmation, we can expect a buy-back towards the highs or even a new high.
The final chart examines session highs/lows (London, Asia, and New York). You could potentially sell from the London high down to the previous London high at 131.644, then consider buying from that point as a last-case scenario for buys.
On the 4-hour chart, there's a large inverse head and shoulders pattern, and the price breaks short-term highs (indicated by the blue ellipse). As long as the price stays above 132.000 with strong bullish confirmation, we can expect a buy-back towards the highs or even a new high.
The final chart examines session highs/lows (London, Asia, and New York). You could potentially sell from the London high down to the previous London high at 131.644, then consider buying from that point as a last-case scenario for buys.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.