Exploring the Trade Opportunities in USD/JPY and EUR/JPY: A Comprehensive Forex Analysis
Today, we are deeply diving into two major currency pairs: USD/JPY and EUR/JPY. As the foreign exchange market continues to captivate seasoned traders and curious beginners alike, staying informed on potential trade opportunities is crucial. This comprehensive supply and demand forex analysis will explore the fascinating dynamics between these pairs, uncovering valuable insights that could...
USDJPY chart. Daily uptrend February 2021
The USDJPY chart is definitely bullish. The daily timeframe is trending up, creating new demand imbalances and respecting them. The bigger picture bias for the USDJPY Forex cross pair is bullish, with the USD potentially becoming stronger, as explained in a previous Dollar Index DXY chart analysis. Why is USDJPY rallying so strongly? The bigger...
JPY to USD Forex Analysis December 2020
As explained in a previous long-term supply and demand analysis for JPY to USD forecast, we were expecting and waiting for new demand imbalances to be created before we thought of going long on USD JPY. Price action is showing us a very strong impulse that ended up creating a demand level around 100.75. USD...
USDJPY Forex pair forecast August 2020
As expected and mentioned in previous USDJPY forex analyses and forecasts, the American Dollar is reacting strongly to a strong monthly demand imbalance, and it’s rallying much higher. This is a technical and price action analysis similar to EURUSD forex technical analysis. A similar strong imbalance gained control a few months ago, and it’s been...
USDJPY Forex crosspair analysis today. Buy or sell?
Have you wondered why USDJPY major Forex cross-pair is rallying so strongly? It’s pretty simple. A super strong monthly demand imbalance took control last March 2020, and it’s been rallying ever since. A very similar Forex trading scenario can be seen on EUR USD Forex’s major cross-pair discussed in our blog in previous months. USDJPY...
USD JPY forecast 2019 May
In this short USDJPY video analysis, we are going to show you what price action areas we expect the price to react from on the USDJPY Forex Cross pair. USDJPY is dropping strongly in reaction to previous weekly supply imbalances in a big-picture downtrend. New supply levels have been created around 114, 112.69 and a...
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