USDJPY → A strong buyer is willing to go higher

4 abr

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 abr

Nota

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 abr

Nota

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 abr

Nota

Maximum readiness :)

9 abr

Operación activa

10 abr

Operación activa

Oh, that's great. Price is breaking resistance

10 abr

Operación activa

+90 pips since resistance breakout
Realization phase

10 abr

Operación cerrada: objetivo alcanzado

Interim target 153.0 reached

10 abr

Operación activa

Closing of the session confirms the fact that growth will continue

11 abr

Operación activa

A breakdown of 153.25 may continue the price rise

11 abr

Operación activa

Consolidation and willingness to go above and beyond

16 abr

Operación activa

The target of 155.0 is almost reached ;)

17 abr

Operación activa

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

17 abr

Nota

Correction amid dollar correction

22 abr

Operación activa

The price is close to the target of 155.0

22 abr

Operación activa

23 abr

Operación activa

23 abr

Nota

24 abr

Operación activa

Strong compression to resistance with the goal of going even higher

Japanese yen continues to weaken

24 abr

Operación cerrada: objetivo alcanzado

155.0 reached.