USDJPY
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💹 USD/JPY: Poised for Upward Movement
Key Insights 🌐
📈 Short-Term Outlook:
The US Dollar (USD) is expected to test 158.50 against the Japanese Yen (JPY).
A breach above this level is possible, but 159.00 remains a significant resistance.
Further advances beyond 159.00 are unlikely.
📊 Medium-Term Outlook:
USD is projected to trade with an upward bias.
Sustained movement above 159.00 would require robust momentum, which appears limited at this stage.
Strong support lies at 156.80, maintaining the bullish outlook unless breached.
24-Hour View ⏰
Current Spot: 158.02 (as of January 7).
Resistance Levels:
158.50: Immediate test level.
159.00: Major resistance unlikely to be breached.
Support Levels:
157.70: Minor support.
157.30: A breach signals a shift to range-bound trading.
Summary: Limited upward momentum but scope exists for testing 158.50.
1-3 Weeks View 📅
Momentum Outlook:
Upward momentum is building, supporting a bullish bias for USD/JPY.
Resistance at 159.00 remains formidable.
Support Levels:
156.80: Key level to maintain the bullish trajectory.
Summary: Expect USD to trade with an upward bias unless 156.80 support is breached.
Key Takeaways 📝
Short-Term: USD likely to test 158.50; limited momentum beyond 159.00.
Medium-Term: Upward bias intact; strong support at 156.80 to sustain bullish momentum.
#ForexNews #USDJPY
Key Insights 🌐
📈 Short-Term Outlook:
The US Dollar (USD) is expected to test 158.50 against the Japanese Yen (JPY).
A breach above this level is possible, but 159.00 remains a significant resistance.
Further advances beyond 159.00 are unlikely.
📊 Medium-Term Outlook:
USD is projected to trade with an upward bias.
Sustained movement above 159.00 would require robust momentum, which appears limited at this stage.
Strong support lies at 156.80, maintaining the bullish outlook unless breached.
24-Hour View ⏰
Current Spot: 158.02 (as of January 7).
Resistance Levels:
158.50: Immediate test level.
159.00: Major resistance unlikely to be breached.
Support Levels:
157.70: Minor support.
157.30: A breach signals a shift to range-bound trading.
Summary: Limited upward momentum but scope exists for testing 158.50.
1-3 Weeks View 📅
Momentum Outlook:
Upward momentum is building, supporting a bullish bias for USD/JPY.
Resistance at 159.00 remains formidable.
Support Levels:
156.80: Key level to maintain the bullish trajectory.
Summary: Expect USD to trade with an upward bias unless 156.80 support is breached.
Key Takeaways 📝
Short-Term: USD likely to test 158.50; limited momentum beyond 159.00.
Medium-Term: Upward bias intact; strong support at 156.80 to sustain bullish momentum.
#ForexNews #USDJPY
USD / JPY WAR
Strengthening USD:A stronger dollar typically leads to a more cautious investment environment, potentially dampening enthusiasm for high-risk assets like cryptocurrencies.
Weaker JPY: A weaker yen might lead Japanese investors to seek higher returns abroad, including in the crypto market.
Market Volatility: Significant movements in the USD/JPY exchange rate can lead to heightened volatility in the crypto markets, creating both opportunities and risks for investors. #MarketDownturn #USDollarCrisis #USDJPYExchangeRate #usdjpy
Strengthening USD:A stronger dollar typically leads to a more cautious investment environment, potentially dampening enthusiasm for high-risk assets like cryptocurrencies.
Weaker JPY: A weaker yen might lead Japanese investors to seek higher returns abroad, including in the crypto market.
Market Volatility: Significant movements in the USD/JPY exchange rate can lead to heightened volatility in the crypto markets, creating both opportunities and risks for investors. #MarketDownturn #USDollarCrisis #USDJPYExchangeRate #usdjpy
#usdjpy it formed the triangle pattern
The general outlook usdjpy it has been trading in a sideways #MarketLiveUpdate 💹 for the last couple of hours. Now the price display the #triangle pattern.
If the price rebound from the upper boder or confirm a breakout from the lower boder of #TRIANGLE pattern, analysis recommend opening a sell oder.
The upcoming news will not influence your oder within the mentioned period.
$BTC $ETH $BNB
The general outlook usdjpy it has been trading in a sideways #MarketLiveUpdate 💹 for the last couple of hours. Now the price display the #triangle pattern.
If the price rebound from the upper boder or confirm a breakout from the lower boder of #TRIANGLE pattern, analysis recommend opening a sell oder.
The upcoming news will not influence your oder within the mentioned period.
$BTC $ETH $BNB
Update (2) on USDJPY SELL
Added more sell from 160.620 to take full advantage of sell positions
It’s not a Financial advice
#usdjpy #salahuddin2004 #Forex
Added more sell from 160.620 to take full advantage of sell positions
It’s not a Financial advice
#usdjpy #salahuddin2004 #Forex