yen handle opportunity?Japan jobs report signals wage inflation spira; worries as inflation wanesLongby CurrencyCapital0
USDJPY more bullish manipulation expected/ contradicting volumeThe daily is showing baerish with big wigs, I expect more manipulation before this goes its way. Maybe News will define a new direction on Monday afternoon. If positive momentum is over and I see clear direction I will update you here :) might break the ceiling. Currently still active. (Many buy orders came in last week around 157.153) Do not reenter this trade.by UnderlayerUpdated 2
Trade Signal for USDJPYDirection: Sell Enter Price: 157.18 Take Profit: 155.50666667 Stop Loss: 157.02966667 Justification: The trade signal has been generated based on a detailed analysis utilizing the EASY Quantum Ai strategy. This strategy incorporates a combination of technical indicators, historical data analysis, and market sentiment to predict potential price movements with a high level of accuracy. Several key factors were considered: 1. Technical Analysis: Indicators such as moving averages and RSI (Relative Strength Index) suggest overbought conditions in the USDJPY pair, indicating a possible short-term downtrend. 2. Resistance Level: The enter price of 157.18 is close to a significant resistance area, where selling pressure is expected to overcome buying pressure, leading to potential price reversal. 3. Market Sentiment: Current market sentiment and news suggest a more bullish outlook for the JPY relative to the USD, further supporting the sell signal. 4. Historical Data: Historical data analysis indicates a pattern where similar conditions have led to a downward movement in the USDJPY pair in the past. By adhering strictly to the entry price, take profit, and stop loss values specified, this trade setup aims to leverage the anticipated market movement while managing risk effectively.Shortby ForexRobotEasy0
Usdjpy SL hitUsdjpy our analysis got Stop-loss...break the line and landing for strong support accordingly Shortby DNA_Trader_Officials0
billyforexsa results on usdjpy sup guys im bacck with the results from our analysis shared this past few days results came back also looking awesome along side with xausd these pairs came back looking respective in others words boths pairs were successfully murdered i just hope some of yall followed thru so we can all pop few bottles :) :) Longby vesimsezane1
USD/JPY Giving Amazing Bearish P.A , Short Setup Valid Soon !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.Short01:32by FX_Elite_Club115
USD/JPY Short: Two potential IdeasOn montly we had an upmove without FVGs. The previous month showed some rejection, but stayed inside: This gives us potential for a rotation into the middle. The weekly chart is still confined in the big downwards candle and took the previous week low. The current day close is clearly below the previously mentioned weekly low. This move was carried by clear 4h-FVGs. This gives us two options: Idea 1: More on the bigger scale. A quick spike in the upcomming 1-2 4h candles with a clear rejection on the latest 4h-FVG would be an ideal trade location for short. I would like to see price around 156.37 and try to get an lower timeframe entry, e.g. on 15-30min. The ideal approach would not show any bullish FVGs on a lower timeframe like 30min. Idea 2: More aggressive, since 4h could attract market. But if we build another 30min candle and manage to produce a bearish FVG, we would have the potential for an earlier reversal. In this scenario it would be ideal to close the last bullish FVG beforehand. The 2nd indicated candle should then a rejection on the FVG and could give a good entry. This scenario stays active for me unless we either build more bullish FVGs or go below the current days low. The first Take Profit, e.g. first half, would be the current days low around 155.95 - be wary to get a small stop for a good CRV. The 2nd half should be trailed. Shortby MichaelBwUpdated 1
USDJPY, short across transit levels to 156.64Hi, friend. Jena want to fall after bulls accumulated in golden ellipse zone i marked. We have powerful downward tendency for monday. All interesting market price in chart window. Dont forget to support me. And have a nice trading week. 💪 Also remember that forex like another exchange tipes its a real time process with many "x" and "y" situations. Market situation is constantly changing. And an idea is relevant for some certain period until situation changes.Shortby JinFlarkUpdated 5
Fundamental Market Analysis for June 04, 2024 USDJPYUSDJPY: The Japanese yen (JPY) is declining against the US dollar on Tuesday as lower global bond yields reduced demand for the yen. In addition, the interest rate differential between the US and Japan continued to weigh on the yen, supporting the USD/JPY pair. Bank of Japan Governor Kazuo Ueda said on Tuesday that the central bank will conduct “nimble” market operations if long-term interest rates jump, signaling the BOJ's willingness to increase bond purchases if necessary. Ueda also said the BOJ would adjust the degree of monetary support if core inflation accelerates in line with its forecast, according to Reuters. The U.S. dollar index (DXY), which measures the value of the U.S. dollar against six other major currencies, is rising amid rising U.S. Treasury yields. This rise can be attributed to the prevailing risk-off sentiment ahead of Wednesday's release of ADP employment change and ISM services PMI data. Despite expectations that the Federal Reserve (Fed) will not raise interest rates further, this will put downward pressure on US Treasury yields, potentially weakening the US Dollar. Trading recommendation: Trade mainly with buy orders at the price level of 156.700. We consider sell orders at the price level of 156.000.by Fresh-Forexcast20042
USJPY - 8 Hrly Chart - Weekly Forecast 04 June 2024We have broken the structure to the downside, giving me a bearish bias on this chart. Entries can be at the mid-point of the bearish breaker or FVGShortby TraderRiz1
USDJPY Two weeks ahead Plan The price is trending upward within a channel. In the short term, the price has broken through the support of a "head and shoulders" chart pattern (indicated by three circles for the head and shoulders). We need to wait for a retest and rejection towards the trendline of the channel. If we observe high volume, indicating buyer entry, and a reversal chart pattern at the trendline, the price will likely move up to a higher key level. Otherwise, the price may break the trendline and continue downward.by dannyqaq19911
Trading reversals with iFVG, swing tradeTrying to work out a strategy based on what is known as everything from an imbalance, to a single print, to a Fair Value Gap. When traders see these zones and the momentum doesn't carry on with the prevailing trend, these chart structures and patterns become great jump-off points for a reversal. The challenge is set to a risk-reward of 1:2, there is a minimum of 25 pips SL. This video is all about trying to ensure you get the best entry and you don't waste time pushing through heavy traffic.Education15:05by Macrobriefing0
USDJPY tm:1hHello traders. I hope you doing well. These areas are based on my personal strategy and I will share it with you. Open a sell position on the supply area or open a buy position on the demand area. Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account. But I promise you that by trading in the areas of my trading strategy, you will definitely make a profit, because these areas, although they seem simple, are my experience of 8 years of learning and trading. I hope you will achieve maximum continuous profit with me by using supply and demand areas. Good luck traders. Mohammad Goodarzi by itsbluemorpho1
USDJPY (M15) - Sell Setup {SB17}Trade Reason: {SB17_001} Hello Friends! I hope it will touch the "157.087" level then it can make some corrections. After her correction, it has more chances to touch the "156.649" level. Do you have any questions, suggestions, or feedback? Then write a comment or private chat. If you need any help, info, or analysis. Then knock me without any hesitation. …Thank you… Shortby LearningForexB20
USDJPYThis Weekly FORECAST Opportunity for USDJPY. This setup trading idea is for swing. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.Shortby TREND-TITAN0
USDJPY Trading RecommendationTrading Recommendation Instrument: USD/JPY Position: Sell Entry: 157.150 1st Target: 156.600 2nd Target: 155.420 Stop Loss: 157.400 Take Profit: 158.400 Rationale: The USD/JPY pair is exhibiting signs of a bearish trend, with recent price action indicating a potential downward movement. Entry: The entry point for this sell position is set at 157.150, reflecting a strategic point where downward momentum is likely to accelerate. Targets: Our primary target stands at 156.600, representing a significant support level where we anticipate a notable price reaction. The secondary target is positioned at 155.420, indicating a deeper retracement and further potential profit-taking opportunity. Stop Loss: To manage risk effectively, a stop loss is placed at 157.400, just above the anticipated resistance level. This ensures a controlled exit in case of unexpected market movements. Take Profit: In the event of a breakout above 157.400, the take profit level is set at 158.400, reflecting a potential reversal in the market sentiment. Disclaimer: Trading involves inherent risks, and this recommendation should be considered alongside individual risk tolerance and market analysis. It is advisable to use proper risk management techniques, including the use of stop-loss orders, to mitigate potential losses.Shortby GODOCM0
Prime Minister Shindo's dovish remarks put pressure on the JapanFollowing the announcement on Monday by Japanese Economy Minister Yoshitaka Shindo that the government will "continue efforts for primary balance to reach within surplus territory in FY 2025," the value of the Japanese yen (JPY) has declined. Real economic growth of 1.3% in FY 2025 is not so unrealistic, according to Shindo, who also voiced optimism, according to Reuters. The Tokyo Consumer Price Index (CPI) for Japan increased from 1.8% year-over-year increase in April to 2.2% in May, according to data released on Friday. A decrease in Japan's overall inflation rate would probably discourage the Bank of Japan (BoJ) from hiking interest rates. The significant interest rate disparity that exists between Japan and other nations keeps the Japanese Yen under pressure and helps to strengthen the USD/JPY pair. Technical Analysis: USD/JPY tests the key level of 157.50 On Monday, the USD/JPY pair trades at about 157.40. The four-hour chart exhibits a symmetrical triangular formation upon analysis, suggesting a little halt in the overall bullish trend. The 72-day EMA, which provides significant support, is still below the market. indicating that there is still a bullish tilt for the pair. The psychological level of 158.00 serves as the next goal for the USD/JPY pair, which is now testing the top boundary of the symmetrical triangle. The pair might test 160.19 again, if there is a breach above this level. On the other hand, the psychological level of 157.00 offers instant support, and the 72-day EMA is located at 156.65. The USD/JPY pair may continue to decline and move into the region surrounding the symmetrical triangle's lower border.by softt_inc0
Long TradeThe Price has broken a pullback trendline to signal a bullish move, the whole of last week the price pullback and now it has started its bullish runLongby KenyanAlpha1
usdjpy pre news 1 minute algo price actionjrow bee trading sunday open this was a big day for jpy currency traders and news updates for japanese economyLong20:00by Instock2473650
USD_JPY WILL KEEP GROWING|LONG| ✅USD_JPY is making a Bullish rebound and the Pair is trading in an uptrend So we are bullish biased And we will be expecting A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFx2212
USD continues to dominate - USDJPY LongsJPY Fundamentals (IMPORTANT): The Bank of Japan has spent a record 9.79 trillion yen ($62.23 billion) over the past month to support the country's declining currency. Despite this significant intervention, the yen is likely to continue hovering near its critical lows. “Authorities will likely continue to spend big on intervention.” The data, released by Japan’s Ministry of Finance on Friday, confirmed the suspicions of traders and analysts that Tokyo entered the market in two rounds of massive dollar-selling intervention shortly after the yen hit a 34-year low of 160.245 per dollar on April 29, and again in the early hours of May 2 in Tokyo. Japanese authorities have refrained from commenting on whether they forayed into the market. But top officials have consistently warned t hey are watching currency markets closely and stand ready to take all necessary measures to counter excessive volatility . Source: Asia Financial. Summary : If USDJPY starts aggressively moving higher, expect a sharp drop in price from the Bank of Japans intervention. This is nothing to worry about as it presents a buying opportunity. Ensure you use effective risk management with this pair! Upcoming US Economic data: Final Manufacturing PMI ISM Manufacturing PMI JOLTS Job Openings ADP Non-Farm Employment Change ISM Services PMI Unemployment Claims Average Hourly Earnings m/m Non-Farm Employment Change Unemployment Rate If DXY has a positive reaction to the Dollar, we can expect prices to move higher as the JXY continues to make fresh lows. Longby TheForexMessiah5