USD/JPY :Symmetrical Triangle Breakout Indicates Bullish FlagThe 1-hour chart for USD/JPY shows a symmetrical triangle pattern breakout, indicating a bullish continuation of the current trend.Longby ClearTradingMind5
USDJPY The Target Is DOWN! SELL! My dear friends, USDJPY looks like it will make a good move, and here are the details: The market is trading on 156.41 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 155.17 Recommended Stop Loss - 157.21 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK Shortby AnabelSignals115
USDJPYThe increase of currencies that have a negative correlation with the dollar and their strength indicates the weakness of the dollar, and like other currency pairs, there is a high possibility of a decrease in usdjpy, on the other hand, the volume of the dollar market has decreased compared to the yen, and it can indicate a strong sale in this be a currency pairShortby sashacharkhchianUpdated 5
USDJPY On the H4, USDJPY formed a symmetrical triangle pattern. The price broke above the trend line and is testing an important resistance area. A short-term bullish trend can be expected if the price breaks above the resistance. 🔼 Trade: Buy USDJPY on a breakout above 156.500; 🎯 TP: 158.000;Longby Dee95497
USDJPY POSSIBLE BUY OPPORTUNITY Price is trading at $155.5 level and it could provide a potential buy opportunity from the current market price. A buy opportunity is envisaged. Target is 157.000Longby Cartela1
USDJPY: Extend winning timeDear traders! The USD/JPY pair extended its winning streak into its fourth trading session on Tuesday. The asset strengthened as the US Dollar appeared to stabilize as Federal Reserve (Fed) officials confirmed maintaining interest rates at current levels for longer. This week, the USD/JPY pair will follow the Federal Open Market Committee (FOMC) May meeting minutes and Japan's national Consumer Price Index (CPI) data for April, which will be released. on Wednesday and Friday this will determine our new outlook. The 4-hour chart shows that USDJPY broke out of a triangle pattern and reached 156.54. It is currently trading at 154.30 with immediate support at 156.00 supported by the 34 EMA which is showing signs of rebounding after the correction. The fact that buyers accept strong buying pressure will then help this pair. This pair will help buyers limit losses in the medium and long term because the overall outlook for this pair is still negative according to the assessment market maker price.by ConanForexUpdated 5517
USDJPY MAY RISE !!!!!www.tradingview.com USDJPY May Rise! On the H4 chart, the USDJPY has formed a symmetrical triangle pattern. The price has broken above the trend line and is currently testing a significant resistance zone. A short-term bullish trend could be anticipated if the price manages to break above this resistance level. 🔼 Trade: Consider buying USDJPY on a breakout above 156.500; 🎯 TP (Take Profit): Target at 158.000;Longby Goldxking2
"USD/JPY Extends Gains Amid Stable USD and Fed Assurance"The USD/JPY pair extended its winning streak into the fourth consecutive session on Tuesday. This asset strengthened as the US Dollar appeared stable, thanks to Federal Reserve (Fed) officials affirming that interest rates would remain at their current level for an extended period. The short to medium-term bullish outlook remains intact, with the pair maintaining its trend above the 34 and 89 EMAs, characterized by higher highs and higher lows.by Trader_BrianFXUpdated 3
USDJPY Channel Up aiming higher.The USDJPY pair has been trading within a Channel Up since the December 28 2023 market bottom and has started the new Bullish Leg on the May 03 2023 bounce (Higher Low) on the 1D MA50 (blue trend-line). The previous two Bullish Legs rose on average by +8.00%, so we expect a similar development. As a result we are bullish, targeting 163.000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot4
Fundamental Market Analysis for May 22, 2024 USDJPYAn event to look out for today: 21:00 GMT+3. USD - Publication of the Fed meeting minutes USDJPY: The Japanese yen (JPY) weakened after the release of Japan's trade balance data on Wednesday. The report showed that the trade deficit widened to JPY462.5 billion month-on-month in April, compared to the previous surplus of JPY387.0 billion. This result exceeded market expectations, which expected a deficit of JPY 339.5 bln. The depreciation of the Japanese yen led to an increase in the value of imports, which outweighed the positive results from the growth of exports. Japan's exports (y/y) rose 8.3% to JPY 8,980.75 bln, marking the fifth consecutive month of growth but falling short of forecasts for an 11.1% increase. Imports also rose 8.3%, the strongest growth in 14 months, hitting a four-month high of JPY 9,443.26 billion. The rise reversed the trend after a revised 5.1% drop in March. The U.S. Dollar (USD) rose ahead of the release of the minutes of the Federal Open Market Committee (FOMC) meeting held on May 1, which is scheduled for Wednesday. Rising US Treasury yields supported the dollar. Trading recommendation: Trade predominantly with Buy orders from the current price levelLongby Fresh-Forexcast20040
USDJPY BUYTrying out new Types of Top-Down Analysis specifically for UJ. After analyzing my historical Forecasts, UJ was the Pair with the lowest Hit Rate. In other Words: Smart Money also fails to meet its Expectations, so I no longer rely on its Data, but continue to use it for Backtesting Purposes. This Pair has been moved against the Odds since the start of the Ukraine War. So here we use Volume Nodes for S&R Zones and Golden Ratios and Pivots as Retracement Areas. EMA 20/50/100/200 provide the Trend and Pullbacks. For lower TFs i use Footprints and Future Contracts Data. UJ hit Highs from the Year 1998 @ 160.000 - Many Stops above that - 2.1bn @ 154.000 - 1.1bn @ 155.600.Longby fxnord221
Potential bearish drop?USD/JPY is rising towards the pivot which has been identified as a pullback resistance and could drop to the 1st support. Pivot: 156.58 1st Support: 153.63 1st Resistance: 158.41 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Shortby ICmarkets1112
Lazy Daily USDJPY Long Trade -- Added to the positionWas already in USDJPY long. A pullback and slight reduction in volatility allows me to add another 0 5% to the position, taking advantage of ongoing USD strength vs. JPY weakness. A good idea usually to add to winning positions.Longby JeffyT0
USDJPY ABOUT TO HIT UPPrice is about to make some bullish move . Take advantage of the bullish opportunity that may develop away from the current market price. Longby Cartela2
If The Word Grind Was A Currency Pair This Is ItAll ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.Shortby THE_APIS_TRADER1
Usdjpy buyBuy momentum uptrend continues expected upside move ...looking for buy side Longby DNA_Trader_Officials112
USDJPY shortI think currently we are in strong supply zone at 4 HR frame so i hope we soon skyrocket to down what u think about?Shortby W33v3ly0
USDJPYUSD/JPY is moving upwards within an ascending channel, following an Elliott Wave ABC pattern. We'll look to enter a buy position after a bullish rejection at a key resistance become support level, confirming the continuation of the upward trend.Longby forex_info4
Usd/JPY 1H Short Trade - Daily Internal SignalsSignal of the Day: In this trading strategy, we offer a compelling opportunity for long positions in the USD/JPY currency pair. By combining key technical indicators such as the exponential Moving Average (EMA) 200 for trend analysis, the moving average Convergence Divergence line (MACD) for trend analysis and the overtrend for entry signals, traders can achieve a favorable risk-reward ratio of 1:6. I will continue to explain to youby Besttrader-jackUpdated 0
USDJPY: Day 3 breakout traders triggered in the marketHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” Let’s jump into the Technical Analysis: WEEKLY TEMPLATE (1hr chart): Market currently rising up on the backside move, potentially going to complete the big template of dump and pump started the last Wednesday. Day 3 breakout long traders triggered in the market, closing yesterday out of balance. DAILY TEMPLATE (15min chart): After Asian pushed higher, breaking out the current HOW, the market dumped down and currently in consolidation around closing price/previous HOD. CPI on calendar for 8:30am NTY, things can drastically change with this high impact news release. THESIS : This market placing higher highs it may be preparing for a major move, stopping short traders from previous HOW. SETUP : Long (primary): market already broke higher and dumped into previous level of interest, if it keep consolidating till news release, I will be happy to long (first bar after the news or first bounce if identified) Short: no LOD triggered, if market pumped up into HOW, it could give a scalp short, not really in my interest of the day. Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianniby GianniPichicheroUpdated 333
USJPY-bias long Bullish indications: HHHL inverted head and shoulder. resistance broken . inverted head and shoulder in higher time frame. Flag pattern broken upwards Resistance broken at 155.941 Bullish engulfer candle from the triangle break out. Trade plan bias long @ 156.158 SL:155.966 TP1:156.317 TP2:156.465 Longby gouthamkulal1Updated 1
USDJPYLooking for a sell opportunity in UJ, if it retest from resistance level. If it retest from resistance level and break the support, then I will go for short. Use proper risk management. Thank youShortby joelkurienUpdated 2
USDJPY today ! Today, the USD/JPY pair is advancing further to test the 156.50 level, seemingly unfazed by remarks from Japan’s Finance Minister Shunichi Suzuki. The currency pair continues to find support amidst rising U.S. Treasury yields and a strengthening U.S. dollar, following cautious outlooks on policy and inflation expressed by Federal Reserve officials. by Trader_BrianFXUpdated 4