May 6th 2024 - USD/JPY BUYOVERALL GAME PLAN I am going to buy the pair USD/JPY ANALYSIS IN MY FAVOR * The pair is currently trading at support level * Overall trend is a long Longby Vadym-Tradez4
USDJPY - 150 Level of intervention to be broken!Borrow Yen buy Dollars!!! :) BOJ will do what they do Probably beneficial to Japanese stocks as their companies are obviously big exporters think Honda , Toyota... Beautiful Inverse Head and shoulders in progress Big Charts ---> Big Patterns ---> Big movesLongby BallaJiUpdated 2
USDJPYAs we analyzed earlier, price is moving down. Those who took this trade, they must use trailing stops with proper risk management. Thank youShortby joelkurien0
The yen is strengthened due to the interventionThe yen is strengthening due to the intervention of the central bank of Japan Looking at the trend in the four-hour time frame, USD/JPY enjoys the resistance of the descending channel ceiling in the range of 154.82-154.12, and thus, the scenario is strengthened that USD/JPY reaches the support of the channel floor in the 261.8 Fibo zone. percentage in the number of 149.02 to reduce the price.Shortby arongroups2213
USD/JPY BULLS ARE GAINING STRENGTH|LONG Hello,Friends! We are targeting the 154.942 level area with our long trade on USD/JPY which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignalsUpdated 118
USDJPYQuick update, i saw a M pattern formation in 5 minute chart. So looking for a small short on USDJPY. Use proper risk management. Thank youShortby joelkurien1
USD/JPY Bearish Scalping Money heist planMy Dear Robbers / Traders, This is our master plan to Heist Bearish side of USD/JPY based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Short entry, Our target is Green Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback happens at the level Bear Robbers / Traders gain the strength. Be safe and be careful and Be rich. when market break the dynamic support it will continue to go down down. Loot and escape at the target🎯. support our robbery plan we can make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.Shortby Thief_TraderUpdated 4
USDJPYIn 1 hour chart, price is looks like a inverted head and shoulder pattern. waiting for a pullback to enter into a buy trade. Use proper risk management. Thank youLongby joelkurien1
Rising into overlap resistance?USD/JPY is rising towards the pivot and could potentially reverse to the 1st support. Pivot: 155.819 1st Support: 151.878 1st Resistance: 157.996 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 ICmarkets5
USDJPYAs we mentioned in last day, Price went up and we booked our profit also. Yesterday I gave two ideas about the today's trade. Thank youLongby joelkurien2
USDJPYThere is a possibility of making W pattern in 5 minute time frame. if i go for a long, it must break the line first then come back to the entry point. Hope you should understand it by my drawing. Use proper risk management. Thank youby joelkurienUpdated 0
US Dollar Outlook: Market slumps Following Mild NFP This past week saw a significant decline in the DXY index, which momentarily hit its lowest level since the 9th of April. The main causes of this selloff were lower-than-expected U.S. employment data and declining U.S. Treasury yields after the Federal Reserve's monetary policy decision. The US non-farm payrolls report, which followed, added to the currency's downward reversal by revealing an unanticipated slowdown in job creation and a loosening of wage pressure. USD/JPY TECHNICAL OUTLOOK This last week saw a decline in USD/JPY, breaking through multiple support zones and heading toward the daily trendline-supported 72-day EMA. In order to contain the downward trend, buyers must maintain prices above these key indications; otherwise, a fall down towards the support at 146.48 could occur. If there is a bullish reversal, 158.00 is a possible minor resistance level. When the weekly swing high, which is located around 160.00, is broken, the USD/JPY will reach a new significant high not seen since April 1990. All eyes will be on this level above.by softt_inc220
USD/JPY H4 | Potential bounce off overlap supportUSD/JPY is trading close to an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 151.97 which is an overlap support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 150.15 which is a level that lies underneath a pullback support and the 100.0% Fibonacci projection level. Take profit is at 154.70 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Longby FXCM6
Yen Surges: Entry Point for USD/JPY Buyers Near 152.00This week, the Japanese Yen is poised to deliver a remarkable performance against the US Dollar. The Yen has surged by over 3% following Japan's intervention to bolster the currency and the Federal Reserve's less hawkish tone. Around 152.00, not only is there a crucial level, but the 55-day Simple Moving Average (SMA) is also nearby, along with a long-term ascending trend line just below to provide support. This makes it the perfect entry point for any US Dollar buyer anticipating USD/JPY to head towards 160.00. Meanwhile, the US Dollar Index (DXY), which measures the value of the US Dollar against a basket of six foreign currencies, is losing ground around 105.00 as markets step back to avoid being overwhelmed by Japanese interventions. The weaker-than-expected Nonfarm Payrolls print in the United States has, in the meantime, pushed USD/JPY below 152.00 and has seen a significant number of US Dollar buyers stepping in to buy the dip at these levels.Shortby Forex48_TradingAcademy115
USDJPY Buying Opertunity The Bank of Japan is suspected to have intervened in "propping" up their currency. This is when a central bank buys its own currency to prevent it from a free fall. However, this solution is a like a small bandage on a gaping wound and the Japanese yen will continue its bearish momentum. Over the past week the USDJPY has dropped by over 5% as a result of this intervention by the BOJ. USDJPY is nearing the 61.8% Fib level. The dollars strength will outperform the yen over the coming weeks!Longby TheForexMessiah6
USDJPY Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)Shortby ShahedZare4
USDJPY anticipating a Bullish Reversal after good short entries A Harmonic Bullish Reversal Pattern is forming at USDJPY at 1H. Keeping JCB intervention in mind BUY STOP Entry is preferred. This is not a Financial Advice just DYOR.Longby simonlynch456115
USD/JPY:Capitalizing on Interest Rate Differentials-Retracemen?The USD/JPY continues to experience upward momentum, driven by the significant interest rate differential between the United States and Japan. The US Federal Reserve has established the Fed Funds Rate within the range of 5.25% to 5.50%, while the Bank of Japan maintains its cash rate between 0.0% and 0.1%. This substantial gap in interest rates favors parking capital in US Dollars (USD) over Japanese Yen (JPY), consistently influencing the bullish trend of USD/JPY. In response to this market dynamic, we have implemented two limit orders and set a stop loss above a monthly resistance level. Our strategy anticipates a retracement for the USD pair, considering the prevailing conditions. Shortby FOREXN1Updated 7720
✅USD_JPY SWING LONG🚀 ✅USD_JPY is set to retest a Strong support level below at 151.800 After trading in a local downtrend from some time Which makes a bullish rebound a likely scenario With the target being a local resistance above at 154.520 LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFx113
USDJPYThere is also a possibility to make a double top or M pattern in 5 and 15 minute charts. if it so, I will take a sell position. Use proper risk management. Thank you Shortby joelkurien0
4hr sell4hr support area... So buy SL maintain. Support resistance bass trading plan. Happy Trading. Thank you.Longby Tamiltry111
buys USDJPYUSDJPY has been falling since Monday after making all time high of 160,price tried pushing up again but fell after forming a double top. am seeing possible buys at around 151.450 with our target being 154.490Longby josephazran2
USD Is Getting StrongerThe USD/JPY has recently reached a key support area, coinciding with the completion of a Gartley pattern. If the currency pair is able to break through the current supply zone, we anticipate a potential rise in prices. Longby Masoud4021