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Usdjp

Bullish bounce?USD/JPY is falling towards the support level which is a pullback support that is slightly below the 23.6% Fibonacci retracement and could bounce from this level to our take profit. Entry: 147.18 Why we like it: There is a pullback support level. Stop loss: 145.79 Why we like it: There is an overlap level that is slightly above the 50% Fibonacci retracement. Take profit: 149.28 Why we like it: There is a pullback resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
USD/JPY expected to head lower from these levelsWith the 25 EMA is almost crossing the 50 EMA and USD/JPY at an area of RESISTANCE, this pair looks to be headed lower. There's no a great deal of momentum in the market so this could be a slow burner. There's no significant USD scheduled news until Thursday so there's no reason to see USD BULLS entering the market. Most logical area of SUPPORT comes in at the 200 day EMA at 143.30 so if the price makes it down there then we would have to see whether this level supports or whether we're headed to 141.69 (WS1) over the next few days.
by forextraplaces
Pre-London Open Tuesday 06:21:14 (UTC) Tue Jan 11, 2022 Under a Biden administration plan, private insurers will have to pay for Covid-19 tests that can be bought over the counter starting Saturday. This is to make it easier for people to screen for infections and stop the spread of the Omicron variant of the virus. As of Monday, millions of people who have private health insurance can expect their insurers will pay for up to eight tests a month for each covered person. They will also be able to buy the tests at no cost through their insurance. According to the new policy, people with private insurance will not have to pay for the tests like deductibles or coinsurance, and they won't have to pay for them either. Insurance would pay for 32 tests a month for a family of four who all had the same health plan. There are a lot of people in the Biden administration who want insurance and group health plans to work with specific stores and pharmacies so people can get free over-the-counter tests without having to pay up front or submit a claim for reimbursement.
TVC:DXYShort
by SteadyTradeAI
USD/JPY Bearish View🔸4H CHART EXPLANATION: . . 🔸Price bounced at the Support Zone and started a nice bulish move, however, it couldn't surpass the Resistance Zone. . 🔸Instead, it has been rejected, and now it is breaking the Ascending Trendline of the current structure. . 🔸If the breakout is confirmed and price consolidates below, we may see a bearish move towards the Support Zone. . 🔸 Will look for a lower timeframe bearish setup. 🔸DAILY CHART ANALYSIS:
Short
by ThinkingAntsOk
2
USDJPY is approaching support, potential bounce!USDJPY is approaching our first support at 105.82 (horizontal pullback support, 50% Fibonacci retracement, 61.8% Fibonacci extension). A strong bounce might occur at this level pushing price up to our major resistance at 107.02 (horizontal swing high resistance, 23.6% Fibonacci retracement). Stochastic (55,5,3) is also approaching our support at 5%, in line with the potential downside before price reaches our first support. A bounce from this level might be a good precursor of a potential rise in price. Losses can exceed the initial investment so please ensure you fully understand the risks Trading CFDs on margin carries high risk.
Long
by Tickmill
1