USD JPY SELL There is a potential trend reversal on the Daily timeframe. Stop loss: 158.1 Take profit: 152.195 Folow me for live updates Shortby Visionary_insights2
USDJPY OVERALL BULLISH!Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. USDJPY OVERALL BULLISH! 📚 👉The price continues to trade within the confines of this ascending channel, consistently achieving new higher highs and higher lows 👉Moreover, As the price will be approaching our upper massive supply zone, lining up with our upper bound of this channel, then we will be interested in looking for new shorts as a correction movement. Until that and if we had a correction movement, then we will be looking for new longs as a trend-following one, As the price still overall bullish, and we will be zooming into lower time frame to get our confirmation for the next bullish movement to start around the blue rising trendline. 📚 If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!Longby Hadi_karaali2
Strifor || USDJPY-29/05/2024Preferred direction: BUY Comment: The probability of a fall in the instrument remains, as we wrote about earlier, but we need to consider the global direction as a priority. As for the medium-term prospects, most likely they will develop in favor of the buyer, as well as the long-term prospects. The focus is on the resistance level of 160.209 , this year's high. We consider scenario №2 after the price approaches support at level 153 , but it is not advisable to try to short here. Scenario №1 is a priority, as are medium-term long in general. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!Longby Viktor_strifor_analystUpdated 112
✨FULL USDJPY. Multitimeframe Analysis✨☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌 ☝️ALL ideas and videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!by Yelli_tradesUpdated 997
USD/JPY about to breakout? USDJPY appears to be in a rather large triangle. I’m of the opinion and believe that it will break higher and break 160. THIS IS NOT FINANCIAL ADVICE Longby SpaceCadetAcademy1
USDJPY Long Fundamental Analysis ### USD/JPY Detailed Analyst Report and Projections #### Current USD/JPY Price As of today, May 27, 2024, the USD/JPY exchange rate opened at approximately 157.00. This will serve as the reference point for our short-term (1-3 months) and long-term (6-12 months) projections. ### Recent Key Data Releases and Their Impact #### United States 1. **Non-Farm Payrolls (NFP) - May 3, 2024** - **Actual**: 250,000 - **Expected**: 200,000 - **Impact**: Better than expected. Positive impact on USD as it indicates a strong job market, suggesting economic resilience. 2. **Consumer Price Index (CPI) - May 10, 2024** - **Actual**: 4.2% - **Expected**: 4.0% - **Impact**: Higher than expected. Positive for USD as it may lead to hawkish Fed policies to control inflation. 3. **Federal Reserve Interest Rate Decision - May 15, 2024** - **Actual**: 0.25% hike to 5.25% - **Expected**: 0.25% hike - **Impact**: In line with expectations. Reinforces the strength of USD due to ongoing tight monetary policy. 4. **Retail Sales - May 17, 2024** - **Actual**: 0.6% - **Expected**: 0.4% - **Impact**: Better than expected. Positive for USD indicating strong consumer spending. 5. **Gross Domestic Product (GDP) - Q1 2024 - April 28, 2024** - **Actual**: 2.1% - **Expected**: 2.0% - **Impact**: Slightly better than expected. Positive for USD indicating solid economic growth. #### Japan 1. **Gross Domestic Product (GDP) - Q1 2024 - April 25, 2024** - **Actual**: 1.2% - **Expected**: 1.5% - **Impact**: Worse than expected. Negative impact on JPY as it indicates weaker economic growth. 2. **Consumer Price Index (CPI) - May 12, 2024** - **Actual**: 0.9% - **Expected**: 1.1% - **Impact**: Lower than expected. Negative for JPY indicating weaker inflation pressures. 3. **Bank of Japan (BoJ) Interest Rate Decision - April 27, 2024** - **Actual**: Maintained at -0.10% - **Expected**: Maintained - **Impact**: In line with expectations. Neutral impact. 4. **Industrial Production - May 8, 2024** - **Actual**: -0.5% - **Expected**: 0.2% - **Impact**: Worse than expected. Negative for JPY indicating economic weakness. 5. **Unemployment Rate - April 28, 2024** - **Actual**: 2.7% - **Expected**: 2.6% - **Impact**: Slightly worse than expected. Negative for JPY as it suggests a slight weakening in the labor market. ### Upcoming Data and Projections #### United States 1. **Federal Reserve Meeting Minutes - June 20, 2024** - **Projection**: Likely to reinforce a hawkish stance given recent strong data. Expected to be positive for USD. 2. **Non-Farm Payrolls (NFP) - June 2, 2024** - **Projection**: Likely to come in strong based on recent trends. Positive for USD. 3. **Consumer Price Index (CPI) - June 12, 2024** - **Projection**: Expected to be around 4.1%, slightly lower than previous but still indicating inflation pressures. Slightly positive for USD. #### Japan 1. **Bank of Japan (BoJ) Policy Meeting - June 16, 2024** - **Projection**: No change in policy expected, but any hints of future easing could weaken JPY further. Neutral to negative for JPY. 2. **Gross Domestic Product (GDP) - Q2 2024 - July 25, 2024** - **Projection**: Likely to show continued weakness based on current trends. Negative for JPY. 3. **Consumer Price Index (CPI) - June 12, 2024** - **Projection**: Expected to be around 1.0%, slightly higher but still weak. Neutral to slightly positive for JPY. ### Tally of Good and Bad #### For USD - **Good**: Strong NFP, CPI, Retail Sales, GDP, and ongoing hawkish Fed stance. - **Bad**: None significant recently. #### For JPY - **Good**: None significant recently. - **Bad**: Weaker GDP, CPI, Industrial Production, and slightly higher unemployment. ### Short-Term Projection (1-3 months) Based on the recent strong US data and the weaker Japanese data, the USD is likely to continue strengthening against the JPY in the short term. The ongoing hawkish stance by the Fed and the anticipated continuation of weak economic data from Japan support this view. **Projection**: USD/JPY is expected to rise to approximately 160.00 - 162.00 within the next 1-3 months. ### Long-Term Projection (6-12 months) In the longer term, the USD is likely to maintain its strength against the JPY, but the rate of appreciation may moderate as some of the positive effects are priced in. Additionally, any potential improvement in the Japanese economy or a shift in BoJ policy could influence the exchange rate. **Projection**: USD/JPY is expected to be in the range of 165.00 - 167.00 within the next 6-12 months. ### Conclusion The fundamental analysis indicates a strong USD driven by positive economic data and a hawkish Fed, against a weaker JPY impacted by underwhelming economic performance. Both short-term and long-term projections suggest an appreciating USD/JPY, with rates expected to rise moderately over the next year. These projections are based on the current fundamental data and the assumption that upcoming data will continue to follow the recent trends. Any significant deviations in future data releases could alter these projections.Longby Georgetass21
USDJPY BullishUSDJPY has started printing higher highs and higher lows indicating bullish trend. The parallel channel indicates its continuation.Longby ruba_hasan961
Usdjpy long to 157.560 at LEASTUJ been on a massive uptrend, simple break and retest here. When called out to members sl was 156.500, as it went into profit i advised to change to 156.600. Either way SL on POINT. Longby BigPipster1
USDJPYThe USD/JPY pair trades close to 157.00. A rising wedge pattern on the daily chart suggests a potential bearish reversal as the pair approaches the wedge's tip. Despite this, the 14-day Relative Strength Index (RSI) remains above 50, indicating continued bullish momentum.Shortby HavalMamar1
sell 154.92 and tp 152.10 with stop loss at 156.2..rr 2.5i sell it coz even when dollars down he not down and so many ti_me BOj talk about to intervene. i think they will do soon and if not a big pullback have to happens u can put ur stop lost at 155.6 if u want a bertter RR but i scare about a big leg upShortby corsicasiaUpdated 6
Usdjpy sells.On the monthly timeframe it has reached the resistance. I speculate a huge retracement from here and i will be looking for a sell entry on the lower time frameShortby FxGitman1
Since everyone wants to exclude US These guys will seek to make moves with president selections and making new deals to stay relevant let's see how this two years go. Nfp can slow price or correct it if not an expected upwards good outcome, I feel like we'd be liquidated but if the price stays above 149.3 it will be seen as a support and a new entry to hold in positive SL to lessen risk Indecisive market showing range Candlestick turn around strategy identified Bulls are very bullish from falling from 350+-400 usd/jpy 💹 Price can retrace but it won't go low anymore unless something huge happens that shocks the dollar. So a high price will eventually be seen as a cheap one. If they sneak in Mr Trump we'll have a blast again 😂. Head and shoulders second pattern M12 Broken trendline showing reversal by GCGoldenCircleUpdated 3
Usdjpy short 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 improve your technical and fundamental analysis with the latest USD/JPY forecast, news and analysis.usdjpy confirm signal Shortby JohnHarry_71
Short UJUJ react with zone 157.1 which most volume here and went down 156.84. Plan: - Wait UJ move over 157 again - Go timeframe M5, looking for a sideway zone - WILL HAPPEN A SHORT CANDLE THROUGH THE SIDEWAY ZONE => GO SHORT. SL 157.25/ TP1 156.45 TP2 156.15Shortby bubblyHope283441
USDJPY Possible Short positionHi Traders, USDJPY broke the uptrend line and has formed a bearish divergence, if price breaks or close below support line at 156.885, you can take a short position at around 156.860 take profit at 156.510 and stop loss at around 157.190 Thanks, Happy tradingShortby AutomateForex113
USDJPY : The buyers still prevail! The USD/JPY pair remained strong above the 157.00 level during Asian trading on Friday, consolidating previous gains despite ongoing risk aversion in the market. This pair benefited from weaker national CPI data from Japan, which pressured the Japanese Yen and supported USD/JPY. The next key focus is on U.S. data, which will determine the pair's next direction. The outlook for further gains remains optimistic!by Trader_BrianFXUpdated 2
USDJPY can go UP by Symmetrical Triangle➡️RR=3.68🏃♂️ USDJPY is moving in an Ascending Channel (in the Daily time frame ). 📈Regarding Classical Technical Analysis , USDJPY has succeeded in breaking the upper line of the Symmetrical Triangle Pattern . 🔔I expect USDJPY to continue its uptrend due to the breakout of the Symmetrical Triangle Pattern . 👑 Position : USDJPY Position: Long Entry Point: 156.340 JPY (Stop Limit Order) Stop Loss: 155.620 JPY Take Profits: 158.987 JPY// 157.871JPY(RR=2.13) Risk-To-Reward: 3.68 Please don't forget to follow capital management ⚠️ Please pay attention to the style of opening the position.⚠️ U.S.Dollar/Japanese Yen Analyze ( USDJPY ), 4-hour time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.Longby pejman_zwinUpdated 1113
USDJPY: Intraday Bullish Confirmation ?! 🇺🇸🇯🇵 USDJPY broke and closed above a key daily structure resistance. Analysing an hourly time frame, I spotted a strong bullish confirmation - breakout of a resistance line of a bullish flag pattern. We see a positive bullish reaction to that after the release of the yesterday's fundamentals. I will expect growth to 157.5 ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader114
USDJPY - UniverseMetta - Analysis#USDJPY - UniverseMetta - Analysis BUY from breaking through the 1st wave The price can form a 3-wave structure along the trend and continue to rise to levels 165. It is also worth considering the range on H4 in which the price can remain for a long time, which increases the period of holding the position; you can also consider a correction from the upper border and increase purchases from the lower one. For a downward movement, you should wait for consolidation at the lower border and a retest confirming further downward movement. Target 160 - 165Longby Trade-U-Metta4