UJ 4/26Hello everyone! Just a quick update on UJ. trade is looking very good and, now we will just trail our stop losses to around that 156/157 level. Will probably add another entry and take all profits off at 160.40Longby VincentFX952
usd/jpyIn the time frame 1d, we see that it has reached the ceiling of the channel and we expect a declineShortby mohsen9678222
USDJPY : SellThis chart is just for entertainment. If you have been following from the previous idea, you should know what is happening. If not, go back and read it. Good luck. Shortby i_am_siewUpdated 7
ujjxy basket dropping like an asteroid, market isnt gonna stop. small interventions to buy the dips, keep buying until the given levels, lets see where the market stops and retraces, levels mentioned are previous old times highs also resistances and supports. by ASFAND_GOLD0
🔥🔥🔥USDJPY Rapid decline next week✅✅✅The opportunity for long-term shorting of USDJPY has emerged. Follow my next signal trade and you will gain huge profits. All my current transactions maintain 100% accuracy. If your account is still losing money, you can follow my signal trading and I will help your account make profits quickly!Shortby Lion_Trading_Master114
USDJPY - still no interventionAsian Pacific indices rallied sharply overnight, although Australia’s ASX 200 moved in the opposite direction on the back of weakness in healthcare and industrials. The Bank of Japan (BoJ) left its key Policy Rate unchanged as expected. But there was some bemusement that BoJ officials seemed relatively unconcerned at the multi-decade weakness of the Japanese yen. BoJ Governor Kazuo Ueda said that there was no reason to act unless moves in the yen have an impact on the economy and prices, that is, inflation. He said that wasn’t the case currently. He did warn that prices were overshooting as a whole. But the release of Tokyo Core CPI suggested the opposite, as it dropped to +1.6% year-on-year, down from +2.4% in the prior month. The yen has continued to weaken overnight against all the majors. The USDJPY is now taken out 157.00, and is significantly higher than 155.00, a level that many thought was the trigger for intervention. Traders are betting that it can weaken further while the BoJ continues to operate such loose monetary policy. But the BoJ could be holding fire, encouraging further yen shorting, so that when it finally intervenes, the effect will be devastating. by TylerNorcross1
USD/JPY 🆙Observing an upward trend, I propose focusing on the USD/JPY currency pair. Stay tuned for insights into its ascending trajectory.Longby ChartSavantUpdated 4
How Far Can USDJPY Go⁉️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 After breaking above the $127 resistance, USDJPY has been going up in a parabolic manner. How high can USDJPY climb? The marked blue circle represents a significant resistance and overbought zone as it marks the intersection of: 1- $160 round number and weekly high/ 2- Upper blue trendline. 🏹 Thus, the highlighted blue circle denotes a robust area to anticipate a potential reversal. And keep in mind: the bigger the impulse, the bigger the correction. Therefore, when USDJPY begins to trade lower, be prepared! 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasrby TheSignalyst1110
Would love a big wipe out move to long USDJPY around 154.30Life as a USDJPY buyer has been good, as I proposed it may be in my swing long USDJPY thesis. Market is up several 100 pips and it's paying swaps daily just to hold. What's not to love? But it's starting to feel a bit easy. If it keeps being easy, I'll keep longing with tight stops under structure but my current bias skews more towards the short side. Have some shorts on now at 146.90. Close to quitting on them but will hold them while we're under 156.70. Hit a bunch of trailing stops shortly before the huge dump and swings trades I have that didn't hit stops I tightened them up after we rebounded. USDJPY may have made the correction and be in a new breakout. Strong up can continue if so. But this smells a lot like a false breakout. When false breakouts happen, nasty moves to the other side are the norm. Right now this is the bigger risk/opportunity to consider. If we keep breaking out, I'll keep buying. I'm very bullish on USDJPY. Just don't want to get caught noobing into longs right before a bigger C leg style correction. If it remains possible to buy with 5 - 8 pip stops and ride upmoves, I'll do that but I think the broader bull case would be better with a big bear move soon. by holeyprofit222
USDJPY A BIT OF PULL BACK BFR BOOM TING ???USDJPY still shows very strong BULLISH set up. I expect to pull back to around 153.32-153.09. Once i see this area holds then that can be very good BUYING ZONE. We can see as high as 156.71 or more If this plays out i will update trade once i go in ThanksLongby donchichi1Updated 3
Usdjpy Move Today USD/JPY keeps breaking into its highest chart territory since June of 1990 early Thursday, recapturing 155.50 for the first time in 34 years as the Japanese Yen remains vulnerable, despite looming intervention risks. The focus shifts to Thursday's US GDP report and the BoJ decision on Friday. Shortby Forex_Master-Updated 5
USDJPY : Looks like itThis FX pair is not for beginners. Even experienced ones need to be very careful. The only way to trade this is with a lot of patience. A simple calculation using current yield can tell us that 180 is precisely where it is setting its sight on. The D seems to agree. I will just wait. Wait for it to reach 180. Good luck. P/S : Do not just believe what I say. Use your common sense.Longby i_am_siewUpdated 4414
USDJPY UNIQUE IDEA#USDJPY UPDATE Hey team we are here to update about USDJPY. USDJPY has breaked the main Ascending Triangle Pattern. Getting a good volume here. We can see gain here upto 500Pips+ soon✅💯Longby Williamforex114
USD/JPY volatile after inflation, BoJ meetingThe Japanese yen is swinging sharply on Friday. In the European session, USD/JPY is trading at 156.46, up 0.52%. It has been a busy Friday in Japan. Japanese inflation data, which was released just before the end of the Bank of Japan meeting, was much lower than expected. Tokyo Core CPI, which was overshadowed by the Bank of Japan’s meeting today, eased to 1.6% y/y in April, well below the market consensus of 2.2% and the March reading of 2.4%. This was the lowest level since March 2022. Tokyo core-core CPI, which excludes fresh food and fuel, slipped to 1.6% y/y in April, down from 2.4% in March and well below the market consensus of 2.7%. This was the lowest pace of inflation since September 2022. Core inflation is still running above the BoJ’s 2% target, but the Tokyo inflation data raises the question of whether domestic demand and wage growth will increase sufficiently to keep inflation sustainable at the 2% level. Governor Ueda has stated that the service inflation will be a key factor in determining the next rate hike. At today’s BoJ policy meeting, policy makers maintained the benchmark rate at 0%-0.1% and said they would maintain an accommodative policy “for the time being”. The rate statement did not address the yen, but Governor Ueda issued a warning at his press conference, saying, if yen moves have an effect on the economy and prices that is hard to ignore, it could be a reason to adjust policy”. The BoJ also raised its outlook for inflation in fiscal 2024 to between 2.5% and 3%, up from 2.2% to 2.5% in the January forecast. At the same time, it downgraded growth projections for fiscal 2024 to between 0.7% to 1%, down from 1% to 1.2% in January. USD/JPY tested resistance at 155.96 earlier. Above, there is resistance at 157.13 There is support at 154.13 and 153.47by OANDA2
Strifor || USDJPY-26/04/2024Preferred direction: SELL Comment: The long-awaited meeting of the Bank of Japan took place, at the moment it is best to focus on technical analysis. Previously, we published two scenarios where scenario №2 is already active. Everything is unchanged here and most likely near the level of 157 , we can expect a fall with a target at the level of 153.222 . Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!Shortby Viktor_strifor_analystUpdated 554
Strifor || USDJPY-BoJ MeetingPreferred direction: SELL Comment: The main event of the week is just around the corner. At the end of this week there will be a meeting of the Bank of Japan, where the interest rate will be decided, and most importantly, the immediate prospects for monetary policy will be announced. A large number of market participants expect intervention from the Bank of Japan against the backdrop of a weakened yen , which should strengthen the Japanese currency, especially against the US dollar. On Thursday, the USDJPY currency pair recorded a new high this year, breaking last year's high a month ago. The current aggressive growth is most likely related to the upcoming meeting of the Bank of Japan , and the price of the instrument is simply being increased to confuse market participants. Against this background, we continue to adhere to the selling priority, according to which the main scenario №1 assumes a fall from current prices. But the likelihood of increased volatility is high, especially during a meeting of the Japanese central bank, so scenario №2 is also in our arsenal. We set the downside target at 153.222 . Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!Shortby Viktor_strifor_analystUpdated 118
USD JPY PRICE - NO MORE FLYS PRICE WILL BE DOWN FALL USD JPY PRICE - NO MORE FLYS PRICE WILL BE DOWN FALL till marked price make a short as shown in the picture, follow for more live updates Shortby FOREX_TRADER_007Updated 3312
usdjpyAdd volume every 100 pips with a target of 152.67/ The goal is definite, so have capital management... maximum 300 pips of capital managementShortby arkpersian225
OPPORTUNITY FOR SELL USDJPYWe have these indicators for SELL opportunity: - Reflection from the Upper trend line - Low volume to continue the current direction - Return OR re-test to Year + 6M + 3M + 1M high area (min. for TP1) - Return to the Lower Trend line We define 3 goals: TP 1 = 80 pips TP 2 = 200 pips TP 3 = 400 pips Shortby FXstrongUpdated 443
USDJPY Selling point longest selling trendline read the caption Japan FinMin Suzuki: Will Deal With Forex Appropriately But Declines To Say Whether Forex Moves Are Excessive USDJPY breaks higher as inflation came at 1.7% down from 2.5% expectations, and 2.6% prev reading. Thats very interesting reading. Who would think of this data considering how expensiveShortby Mrsam365518
USDPJPY 1H Long 1:3 RRRTP: 156.298 SL: 154.000 In this trading strategy, we present a compelling opportunity for a long position on the USDJPY currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals, traders can aim to achieve a favorable risk-to-reward ratio of 1:3. Indicators: EMA200: The EMA200 serves as a critical indicator of the long-term trend direction. A rising EMA200 indicates a bullish bias in the overall trend, providing confirmation for potential long positions. MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend. A bullish crossover (when the MACD line crosses above the signal line) or divergence from the price action signals potential upward momentum, aligning with our long position strategy. Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the prevailing trend. When the Supertrend line changes its color from red to green, it signals a shift from bearish to bullish sentiment, presenting a potential entry signal for long positions.Longby panjikadarUpdated 446
USDJPY is close to 151.958The Bank of Japan (BoJ) increased its policy interest rate to 0.00-0.10% in March, bringing interest rates out of negative territory. Although the yen was expected to increase, the market witnessed a decline in the yen, causing the OANDA:USDJPY exchange rate to increase. Although the Bank of Japan gave limited guidance on further policy tightening, markets viewed the move as a moderate interest rate hike, so the yen's depreciation fueled sentiment. that the central bank could intervene to support the yen. In addition to great nonfarm payrolls data, hawkish speeches from Federal Reserve officials helped US bond yields reach their highest level in more than four months and also supported USD/JPY. The yield on the 10-year U.S. Treasury note hit 4.42% on Monday, its highest since November 27. Higher US bond yields and the USD push USD/JPY higher still. On the daily chart, OANDA:USDJPY has not yet broken the confluence resistance level by the upper edge of the price channel (a) and the 1% Fibonacci level of 151,958 to qualify for a new bullish cycle. While USD/JPY still has a primary bias to the upside, sustained activity below 151.958 provides room for short-term downside corrections without changing the primary uptrend. In the long term, the main trend of USD/JPY is up with the main price channel (a) as the long-term trend and the short-term uptrend supported by EMA21. The main uptrend in USD/JPY will be highlighted by the following technical levels, and traders should also pay attention to the possibility of a slight correction occurring. Support: 150,767 – 150,102 Resistance: 151.958by Xayah_tradingUpdated 3