In this YouTube video, Vladimir Ribakov of Traders Academy Club presents a bullish trading idea for the USD/JPY currency pair. He begins with a brief greeting and channel promotion, then moves to technical analysis: the pair has broken above a long‑standing rejection zone that has existed since March 2017, indicating a shift after a prolonged consolidation. On the weekly chart, a clear trending structure is forming, supported by the removal of a daily divergence and a favorable non‑farm payroll week, which historically benefits yen‑related pairs. The 4‑hour chart shows continued momentum without any ending divergence on the moving average. Ribakov argues that these factors suggest further upside potential, targeting previous swing highs and monthly volume areas, which provide ample room for gains. He invites viewers to share their views, and repeatedly encourages them to subscribe to the channel and join the Traders Academy Club for real‑time trading ideas and education.
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Hello traders, how are you? Vladimir here from Traders Academy Club. Welcome back to a new trading year. I hope you enjoyed your New Year celebration, you're safe and well. I hope all the recent lockdowns around the world don't affect you much, and I wish you and yours a fantastic year ahead. So in today's video, I would like to share with you a great trading idea I have on dollar yen, but before I do that, if you are new to this channel, welcome to our amazing community. I would like to invite you to subscribe to the channel. Please follow the subscribe button below the video and remember to enable the notification. And also I invite you to join our trading family, the Traders Academy Club, where you can enjoy real-time trading ideas and real-time education. The link to do so and the link to join us is below the video in the description and in the pinned comment in the comment section. So what do we have on the dollar yen and why do I find it interesting? So first of all, let's talk about the recent development. And we break above this key rejection area that we've had since March 2017. After a long consolidation here, we finally managed to break through and gain the momentum. Next important level of this swing high And the monthly volume area, and that, as you can see, still has a significant room. Taking a look on the weekly chart, we are developing here clear trending pattern, trending structure, and so far it continues. Add to that the fact that this is a non-farm payroll week, which is usually and statistically more positive week to the. yen pairs, and the fact that the daily divergence that we've had here is gone, and the next one, it's not yet completed, which all these facts hint that there is probably more to come. Also, on the 4-hour chart, we do gain momentum. There is no ending divergence here on the moving average, nothing like that. So from my point of view, Retraces should provide great opportunities to ride the bullish run of this pair heading towards the next significant swing highs, which we saw before, and the volume areas. And we have a beautiful room upside. Let me know, how do you see the dollar yen and what do you think about this one. And, um, besides that, once again, I would like to invite you to join our trading family, the Traders Academy Club. Enjoy all our real-time trading education and all our real-time trading ideas published for you. Um, the link to do so is below the video in the description and the pinned comment. Thank you for your time watching this video. I wish you a wonderful week, month, and year ahead, and great trading. I'll see you soon with more videos and more ideas.
