USDJPYHello everyone! Just a quick update on UJ, Im very bullish on this pair. Annotations are in analysis. I see 160.44 level being taken in the near future as there is no resistance until that point. Longby VincentFX95112
USDJPY BUYHello, according to my analysis of the USDJpy pair, there is a good opportunity to buy. The pair appears to be in a positive state with the break of the downward trend, breaking a very strong double-botton pattern, and breaking the resistance at the level of 141,900. All of these factors confirm a strong entry for buyers. Good luck to everyone.Longby inv_market09Updated 7
USDJPY Bullish IDeaI am Bullish on UDSJPY for a small trade if its cross it's R2 You can go for a long with given levels for a good profitLongby Mazharghouri0
USDJPY LongUSDJPY Trend Continuation Trade after pullback 1. Weekly Long Trend 2. Price above 2 MA's 3. Price above 200 MA 4. Currency Strenght Meter confirmation 5. Trend Following Indicator Confirmation 6. Big Bullish Momentum Candle 7. PSAR Entry Signal 8. Clear Structure Hold and continuation on H4 9. Strong USD Economic Environment 10. 2% Risk, 3:1 R:R 11. Exit on reverse candle/Time stop if no volatility tomorrow around 4 pm/Structure Break 12. Scale out when momentum get's weakerLongby Marteyfx1
Sell position GBPJPYHi there, After a bullish rally in GBPJPY we are watching a flat pattern, you could open short position on 189-189.5 or with your triger in this level with the TP1 185.2 and SL is 191.2 . We glad to see your opinion.Shortby takeprofitwithusUpdated 2
USD/JPY: Potential Continuation or Bearish Downturn?Hello Everyone, The USD/JPY has surged to a fresh high at its current price. Currently, the price is positioned above the daily pivot point (1D PP) and support level, suggesting a possible continuation if consolidation occurs above the 1D PP. Conversely, should consolidation take place below the 1D PP, there's a chance that weekly support levels will come into play once more, potentially leading to a bearish downturn. TradeWithTheTrend3344 Shortby TradeWithTheTrend33441
USDJPY capitulates before BOJ blows up this summerThe FED is either: A. Going to be hawkish and provoke a mini-meltdown before another FED speaker comes out next week and hints at rate cuts in June for sure. B. Going to be dovish Either way, USDJPY will fall to 97 area, bringing a roar of inflation back into the limelight. People will think it's the death of the dollar, but what happens here is the opposite everywhere else since the dollar TVC:DXY is the reserve currency. This means when the dollar comes down, inflation goes up HERE - which means everyone else experiences DEFLATION. Deflation will force higher unemployement and a destruction of their foreign export base which is everyone. This will force them (especially the BOJ) to print their own currency forcing the dollar higher up past 140-160+. This will explode the foreign currencies with ours being last. By this time there will be enough chaos that the central bankers will hope people will clamour for their enslaving CBDC's which allows them to have negative interest rates based on social credit scores.Shortby EmptyEternityUpdated 2230
USD/JPY Rebounds: Japan's Intervention Boosts USD/JPYThe strong recovery of the USD/JPY pair is attracting attention, reflecting Japan's intervention to temporarily address the weakness of the Japanese Yen (JPY). Technically, on the chart, the strength of the upward momentum is clearly evident. The Relative Strength Index (RSI) is stabilizing around the 60 level, indicating a significant upward trend of this currency pair. Additionally, the price is gradually adjusting on the Simple Moving Average (SMA), signaling a positive indication of the potential continuation of the upward trend.by Stephen_Anders66
Strong Momentum: Japanese Intervention Boosts USD/JPYThe USD/JPY pair is currently demonstrating a strong upward momentum, attracting significant attention from investors. This increase is driven by momentum from Japan, particularly through interventions by the Japanese government and the Bank of Japan (BoJ). Looking at the chart, we observe that the Relative Strength Index (RSI) is trading above the 60 level, a positive sign indicating that USD/JPY is on a strong upward trajectory. However, investors need to exercise caution and continue monitoring economic conditions and fluctuations in monetary policy to make informed investment decisions.by Daisy_Anna2
USDJPYLong trade idea, price rejecting previous support and MA. OB on the 4 hr. COT data and fundamentals align.Longby iainfallowfield0
UJDAILY Not going to lie, there's no pattern I see. Just the assumption of the one I want to see, which is not a fact so it cannot be used as a confluence. Yet we broke 152.00 which if you zoom out will confirm that we are still in a very bullish trend. Impulse, Correction, Impulse : If you zoom in. 4H We formed a bear flag and broke it impulsively, breaking at 152.00. This is where our resistance was very strong. Had a flat flag, which was also broken, 153.40. Now we are currently in another correction structure (also the high price UJ has ever seen. 1H Touch of the bottom of symmetrical triangle 3 times, so we can assume the third touch of the top will be the break to continue to the upside. It has also formed a variation of an inverse H&S which shows the further strength of the demand to the upside. Trade Idea : Wait for the break of the triangleLongby Mhangwane11
USDJPY (SHORT) -Impulse move has been completed -H1 Head and Shoulders -Monthly Pivots Resistance Zone reachedShortby MR_US30_ZAR117
USD/JPY Eyeing 1990 HighsThe USD/JPY currency pair recently refreshed multi-decade highs of ¥154.79, a move probing offers at channel resistance, taken from the high of ¥125.85. With resistance lacking here, this not only helps pave the way to test the mettle of ¥160.20 (highs from as far back as the 1990s) but also increases concerns about an intervention from the Bank of Japan (BoJ). While bulls are still firmly at the wheel, and further upside could be seen towards the ¥160ish area, a correction and retest of neighbouring support at ¥150.80 or even the recently breached channel resistance could still play out before attempting higher terrain. Another consideration worth taking on board, of course, is the Relative Strength Index (RSI) forming early signs of negative divergence. Longby FPMarkets8
Does the weakening of the yen continue?📊 According to the upward movement of the price and the buying pressure in the market, if the range of 154.5 units is broken and the price stabilizes above it, the price may increase to the range of 155.0🎯, and in the case of the strength of the range of 155.5 units🎯🎯. 📊 Otherwise, the price may drop to the range of 153.3 units.Longby arongroups3
USDJPY D1 - Long SignalUSDJPY D1 A little way away here, but we have a nice confluence retest zone at 152.000. Strong area of previous resistance, now acting as support (hopefully). Alongside D1 demand which was formed upon the volume witnessed when we broke out upside. Alerts set, waiting patiently.Longby Trade_Simple_FX2
Usdjpy Down range go with trendUSDJPY 1 day chart For the yen, the move is particularly notable as it pushes into technical blue skies Eyes are on Japan for signs of intervention but given that the recent move has largely been on broad USD buying following fundamentally stronger CPI numbers, it's a tough one to lean against. There have been signs of a managed decline but no real intervention. However there is a limit and we could see them draw a line at 155.01Shortby Mrsam36Updated 4424
USDJPY USD has been pushing up even though most traders have been going short. Looks like it's rolling over now The Dollar Index certainly pushing down Powell implies rate cuts may not be as soon as people hope. But we already knew that. Just market breathing imho Shortby NZ_Shareman1
USD JPY PRICE - NO MORE FLY ZONES ITS TIME TAKE A SHORTUSD JPY PRICE - NO MORE FLY ZONES ITS TIME TAKE A SHORT, wait for the price to down trend lines after break out of this price line 154.440 make a short entry as shown in the picture, follow for more live updates Shortby FOREX_TRADER_007Updated 5
Chart Analysis: USD/JPY Correction and Test of SMA 20Although USD/JPY is still in an upward trend, the market is currently experiencing a notable correction phase. Looking at the chart, it's evident that prices are rebounding and undergoing a downward adjustment, resulting in a certain level of volatility. It is expected that prices will test the SMA 20 moving average area before resuming a stronger upward momentum.by Daisy_AnnaUpdated 5
UJHello everyone! this is my current UJ analysis and how I'm approaching tis pair to be traded in the few days and months! DXY just hit a volume imbalance and I'm expecting a pull back, so that means most counter pairs will be short term bullish. Going to target these imbalances for a turtle soup buy and a MSS for a pyramid entry long to the 161 level of UJ. There is a buyside liquidity pool that it looks like it wants to hit on the 3 month time frame. by VincentFX950
USDJPY The U.S. Dollar has gained against the Japanese Yen in early North American trading, bolstered by strong U.S. economic data and a range of comments from neutral to hawkish by Federal Reserve officials. The USD/JPY is trading at 154.61, up 0.22% from the open, maintaining its upward trajectory. USD/JPY buyers might push the exchange rate to challenge the 155.00 level. Beyond this, the next stops could be 155.78 and the recent cycle high of 160.32. Conversely, a drop below 154.00 could trigger a retreat to the April 12 high, shifting support to 153.38 before potentially falling to 153.00.by Trader_BrianFXUpdated 115
USD JPYUSD JPY SELL Swing low to swing high fib set up. Golden pocket target. Then onward to set new highs? Trade safe and monitor trades + STOP LOSS Shortby F1ATrader0