USD/JPY is the forex ticker that shows the value of the US Dollar against the Japanese Yen. It tells traders how many Yen are needed to buy a US Dollar. The Dollar-Yen is one of the most traded forex pairs - second only to EUR/USD - and is a benchmark for Asian economic health and even the global economy. View the live Dollar-Yen rate with the USD/JPY chart and...
Analyzing USDJPY, I've discerned a pivotal SHORT opportunity. The pair exhibits clear bearish signals, with price action failing at key resistance levels and forming a series of lower highs, indicative of a weakening momentum for the USD against the JPY. Technical indicators, including a bearish crossover in moving averages and an RSI trending towards overbought...
USD/JPY is the forex ticker that shows the value of the US Dollar against the Japanese Yen. It tells traders how many Yen are needed to buy a US Dollar. The Dollar-Yen is one of the most traded forex pairs - second only to EUR/USD - and is a benchmark for Asian economic health and even the global economy. View the live Dollar-Yen rate with the USD/JPY chart and...
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
USD-JPY / ASCENDING TRIANGLE For me , a breakout above 152level, open the door for the next macro resistance!
USD JPY 1 hour timeframe outlook. On The one-hour timeframe, the market is currently consolidating on that resistance level, we need to see a break out to the downside and a retest to get an entry for SELL. On the other hand, if the market breaks above the resistance level to the upside we need to see a retest of the broken resistance turn support to get a BUY entry ⏰
USD JPY TRADE SET UP. USD JPY has reached the daily resistance level and is showing multiple rejections and wicks on the daily timeframe, so we are looking to SELL. We need to scale down to the lower timeframe to find patterns and confirmations to get a sell entry..
Although, the market seems to be accumulating sellers from the recent highs, the Hawkish tone of BOJ didn't make any significant changes in favour of JPY I believe the market might dip toward 150 zone in the coming days although it would be very risky to short from here, use proper stop loss and trade safe. Carpe Diem!
Welcome back! Let me know your thoughts in the comments! ** USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
USDJPY - 24h expiry Price action continues to be mixed and volatile for 6 days in succession resulting in spikes in both directions. The rally was sold and the dip bought resulting in mild net losses yesterday. Bespoke support is located at 148.96. A Fibonacci confluence area is located at 148.95. Rumours of intervention have resulted in a spike in...
In my latest examination of USDJPY, I've pinpointed a robust SHORT opportunity. This viewpoint stems from a combination of technical downturn signals and macroeconomic factors that favor the Japanese Yen over the US Dollar in the current market scenario. Technical indicators reveal a bearish momentum, with the pair struggling to breach significant resistance...
The drop in FX volatility after last week’s action is being helped by the PBoC's stabilisation of the Yuan and should not help the Yen, which remains the most popular funding currency for carry trades. Verbal interventions in Japan and the softer Dollar momentum are helping a bit, but the current environment suggests a recovery in JPY remains even more strictly...
Long time since my last idea. I am using price action and OB. Hope it works
FX:USDJPY USD/JPY corrects toward 151.50 after hitting three-decade highs USD/JPY is correcting from three-decade highs shy of 152.00 in the European session on Wednesday. Dovish BoJ's commentary drove USD/JPY to fresh multi-decade highs but Japan's Finance Minister's verbal intervention triggered the latest leg down in the pair . USD/JPY is the forex ticker...
The recent weakness in the yen, which comes despite the Bank of Japan's first interest rate hike in 17 years, has prompted warnings about possible Japanese government intervention. The warnings, especially comments from Japan's top currency diplomat Masato Kanda, helped stabilize the yen. For now, the focus is on upcoming consumer inflation data from Tokyo, due...
Venturing into the dynamic world of USDJPY, my latest analytical deep dive has revealed a potent opportunity for a SELL position. Grounded in the principles of Elliot Wave analysis and bolstered by key economic indicators, the current market setup suggests an imminent reversal, signaling a downward trend for the USD against the JPY. The analysis uncovers a...
USD/JPY is the forex ticker that shows the value of the US Dollar against the Japanese Yen. It tells traders how many Yen are needed to buy a US Dollar. The Dollar-Yen is one of the most traded forex pairs - second only to EUR/USD - and is a benchmark for Asian economic health and even the global economy. View the live Dollar-Yen rate with the USD/JPY chart and...
In the 4-hour timeframe, USD/JPY appears to be in a bullish trend, adhering to an ascending channel pattern and displaying an ABC correction. The current price action suggests a bullish pennant formation following a breakout above a resistance level. Traders may anticipate a short-term bullish movement towards the ascending channel's resistance trendline,...