USDJPY → A strong buyer is willing to go higher

4 באפר׳

USDJPY does not pay attention to the behavior of the American dollar. The focus is on the Japanese yen. The currency is in a strong sell-off and continues to get cheaper, while a beautiful set-up is forming on the chart.



Rising triangle in the global perspective and in the short term: on D1, on H4 and on H1. A beautiful situation, when the chart lives its own life and practically does not react to the behavior of the US dollar, which starts the correction from a strong resistance.
The trigger level for the Japanese Yen is 151.94, the break of this resistance will cause the formation of a strong bullish impulse. The structure will break when the support at 151.15 is broken, but not about that for now.

Resistance levels: 151.78, 151.94
Support levels: 151.15, 150.8

Technically and fundamentally, the Japanese Yen is weakening and will continue to weaken despite the change of actions of the central bank of Japan. The currency pair may renew the high in the medium term.

Regards R. Linda!

4 באפר׳

הערה

The structure of the "price squeezing to resistance" setup is still in place at the moment.
The structure will be broken when 151.44 and 151.0 are broken.

5 באפר׳

הערה

On the back of bullish NFP, the price, after speculation, returns to resistance. It is necessary to follow the price reaction to the level of 151.786

8 באפר׳

הערה

Maximum readiness :)

9 באפר׳

עסקה פעילה

10 באפר׳

עסקה פעילה

Oh, that's great. Price is breaking resistance

10 באפר׳

עסקה פעילה

+90 pips since resistance breakout
Realization phase

10 באפר׳

עסקה סגורה: היעד הושג

Interim target 153.0 reached

10 באפר׳

עסקה פעילה

Closing of the session confirms the fact that growth will continue

11 באפר׳

עסקה פעילה

A breakdown of 153.25 may continue the price rise

11 באפר׳

עסקה פעילה

Consolidation and willingness to go above and beyond

16 באפר׳

עסקה פעילה

The target of 155.0 is almost reached ;)

17 באפר׳

עסקה פעילה

Overall, the potential remains. The pair still looks very bullish

17 באפר׳

הערה

Correction amid dollar correction

22 באפר׳

עסקה פעילה

The price is close to the target of 155.0

22 באפר׳

עסקה פעילה

23 באפר׳

עסקה פעילה

23 באפר׳

הערה

24 באפר׳

עסקה פעילה

Strong compression to resistance with the goal of going even higher

Japanese yen continues to weaken

24 באפר׳

עסקה סגורה: היעד הושג

155.0 reached.