USD/JPY has grab a selling liquidity Now is time to start selling USD/JPY On the daily time the pair has formed a double top, 4H timeframe the has 2 bear candlestick closed confirmation that the sellers are in already.Shortby kelly_wise115
Bearish divergence USDJPY is currently at the pivot and could fall toa pullback support level. Alternatively, if the price breaks above the pivot, it could continue to rise to the next resistance level which is close to the 161.8% Fibonacci extension. Addiontaly, there is bearish divergence Pivot: 154.77 Support: 153.36 Resistance: 155.77 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 ICmarkets113
USDJPY SELLPEPPERSTONE:USDJPY FX:USDJPY FOREXCOM:USDJPY OANDA:USDJPY USDJPY IS MEET THE VERY VERY STRONG RESIS HERE, And buy volume is hit the maximum still cannot break out the resistant. So at this moment we are going the big sell BOOM here.Shortby TheFuturevipUpdated 10
USDJPY bullish continuationHey guys here's what i am looking at on UJ, as we all know the yen has been really weak so i am really bullish on all pair trading against the yen. price is currently at a demand area on the daily so i am expecting bullish continuation all the way till 155.000 lv.Longby Ace_trades1Updated 5510
Short buddy!!!My macd confluence My Higher Highs chart confluence’s have been met. I’m anticipating a nice 70-100 pip sell off within the next 10-24hrs 154.00 is my target area Just my view on this pair. What do you think is going to happen? Trade safely my friends Shortby Dlphdavis114
BOJ to boost the yen this Friday? In addition to the eagerly awaited US data slated for release this week, investors will be keeping a close eye on the Bank of Japan's interest rate decision scheduled for Friday. Market expectations lean towards the BOJ maintaining its current rate settings during Friday's announcement. However, analysts and investors will scrutinize the central bank's commentary for insights into its stance on inflation, as well as indicators like consumption and wages. A recent forecast from the Japan Center for Economic Research suggests that a majority of economists anticipate at least one more rate hike from the BOJ before year end. Some market observers speculate that the BOJ's next rate adjustment could be influenced by the depreciation of the yen. However, Bank of Japan Governor Kazuo Ueda has dismissed this speculation, asserting that this won't directly dictate the central bank's monetary policy decisions. Ueda remains optimistic about wage growth prospects and hints at the possibility of another rate hike if trend inflation shows signs of reaching their projected level. While we may not see a rate hike this Friday, Deutsche Bank does speculate that BoJ might be able to support the Yen by either removing its JGB purchasing guidelines from its statement or revising them to enhance the flexibility of its purchasing operations by BlackBull_Markets1
USDJPYIt looks consolidation in the top of historical top. It is clear for me the dropping will be fast and short till 152 at least. resistance: 154.5-154.9 GOLD already dropped. GBPJPY already dropped. USDJPY will dropped. Shortby AbuHassanTrader4
usdjpyUSD/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.Shortby Mark8042
USDJPY BEAR This has tight stops as it can push another cycle higher. But the targets are confirmed Lets see if this pair is ready for the switch down 154.75Shortby elitetechfx-daily4
USDJPY LongUSDJPY Long - Trend Continuation Trade Optimising Stop Loss Placement in case of premature stop out. Trend Continuation Trade 1. Price above 200 MA 2. Weekly uptrend 3. Nice bullish build up candles on H4 5. Price above 2 short term MA's 6. Trend following indicator confirmation 7. Liquidity grabbed from the order blog multiple times 8. 2% Risk, 4 positions per 0,5% - different stop loss placement of each trade, trying to prevent getting stopped out prematurely before trend raid. 9. Multiple profit targets (different R:R Ratios) min. R:R 2:1 10. Trailing stop loss and scaling out at levels if there is reaction and possible reversals. Important levels above: - 155.000 - 155.500 - 156.000 Upcoming News on: Wednesday, Thursday and Friday Objective #1: Not get stopped out! Objective #2: Hold the trend, frequently realising profits and reducing loss size Trailing stop with EMA (34)Longby Marteyfx1
Hedge Funds Bet on Yen Shorts as BOJ Reiterates InterventionHedge funds are betting big against the Japanese yen, driving short positions to their highest level since April 2022. This aggressive stance comes despite warnings from the Bank of Japan (BOJ) that it will intervene in the currency market again to defend the yen if necessary. The data, compiled by the Commodity Futures Trading Commission (CFTC), shows a surge in net-short yen positions held by leveraged funds. This indicates a strong belief that the yen will continue to weaken. The yen has been under pressure for months due to a widening gap between Japanese and U.S. interest rates. Why the Yen Short Bets? Several factors are contributing to the bearish sentiment on the yen: • Divergent Monetary Policy: The BOJ is maintaining its ultra-loose monetary policy, keeping interest rates near zero, while the U.S. Federal Reserve is aggressively raising rates to combat inflation. This interest rate differential makes yen-denominated assets less attractive to investors, weakening the currency. • Geopolitical Tensions: The ongoing war in Ukraine and heightened global uncertainty are driving investors towards safe-haven currencies like the U.S. dollar, further pressuring the yen. • Intervention Concerns: The BOJ's previous intervention in the currency market in September 2022 to weaken the dollar and strengthen the yen proved to be temporary. The market's perception is that the BOJ may not be able to sustain continued intervention efforts, leading to renewed weakness in the yen. Bank of Japan's Warning The BOJ has reiterated its commitment to defending the yen and warned of further intervention if deemed necessary. Governor Haruhiko Kuroda has emphasized the bank's resolve to maintain its current monetary policy stance, even as the yen weakens. However, analysts remain skeptical of the BOJ's ability to influence long-term currency trends, especially given the strong global forces pushing the yen lower. Potential Impacts The continued decline of the yen could have several consequences: • Imported Inflation: A weaker yen makes imports more expensive, potentially fueling inflation in Japan. • Corporate Profits: Export-oriented Japanese companies could benefit from a weaker yen as their products become more competitive globally. • Investor Confidence: Continued weakness in the yen could erode investor confidence in the Japanese economy. Looking Ahead The future path of the yen is uncertain. The BOJ's resolve and ability to defend the currency will be closely watched. The direction of U.S. monetary policy and global economic conditions will also play a key role. With substantial short bets placed by hedge funds, the yen remains vulnerable to further depreciation. The BOJ's warnings of intervention add another layer of complexity to the situation. The coming months will be crucial in determining the fate of the yen and its impact on the Japanese economy. Longby bryandowningqln0
keep buying usdjpy after 30 april look for sell keep buying do not sell yet the market will go away from value and snap back long term trader keep buying run away from the fair price for usdjpy to imblance and come back to fair value price Personally, I will enter into selling deals after April 30. I will not sell now Longby CrowtR3
Short Opportunity on USD/JPY: Favorable Risk-Reward RatioHere's a promising short opportunity on USD/JPY (US Dollar/Japanese Yen) with a well-defined entry, stop loss, and target levels, along with a favorable risk-reward ratio. Entry: 154.750 Stop Loss: 154.862 Take Profit: 154.100 Risk-Reward Ratio: 1:6 Risk Management: Suggesting a Risk of 0.5% of Capital Technical Rationale: USD/JPY is exhibiting signs of potential weakness, supported by technical analysis indicators. The entry point at 154.750 aligns with the anticipated downward movement of the pair. Stop loss at 154.862 is strategically placed to mitigate risks and protect capital in case of adverse price movements. Take profit set at 154.100 offers a favorable risk-reward ratio of 1:6, indicating a six times potential reward compared to the risk undertaken. Risk Management: It's crucial to manage risk effectively in trading. Considering a risk of 0.5% of your capital for this trade aligns with prudent risk management practices. Always ensure that your position sizing and risk exposure are in line with your overall trading strategy and risk tolerance. Disclaimer: Remember, trading involves risk, and past performance is not indicative of future results. This analysis is based on technical factors and market conditions at the time of writing. Please conduct your own analysis and consider seeking financial advice before making any trading decisions. Best of luck with your trades! 📉Shortby blendxemini4
Short USDJPYShort position on USDJPY. Rejection off resistance level, possibly BoJ intervention around 15500, higher TF OBV bearish divergence Shortby ElGore183312
Usdjpy May Fall DownFX:USDJPY The Japanese Yen remains on the defensive amid the BoJ’s uncertain policy outlook. A positive risk tone also undermines the JPY, though intervention fears limit losses. Reduced Fed rate cut bets act as a tailwind for the USD and lend support to USD/JPY. Traders now seem reluctant ahead of this week’s key central bank event and data risks. Longby Senorita710
USDJPY H4We have a simple bread and butter setup here. The Daily Order Block at 144.948 is coming in at 50% Fibonacci level and we recently broke out of a Bearish wedge/trend. 146.773 may provide a strong resistance and an opportunity to reenter. TP1 147.737 TP2 149.764 TP3 151.899 More updates to follow.Longby Anele_888Updated 117
USDJPY - 1D - Bullish Flag - long positionIn this chart we have observed a Bullish flag on a one day time frame, entry, TP & SL points are placed. no divergence spotted so far so it is continuation pattern upwards.Longby shahrukhshafiq1
usdjpyConsidering the movement that can be seen in this symbol and that today is the first trading day and we do not have any special news, I expect that this symbol will fluctuate between the drawn limits and that there will be no fast and strong movement.Shortby aattrader4
JPY: A 155.0 dilemma for Japan ahead of BoJThe Bank of Japan announces monetary policy on Friday and is widely expected to keep rates unchanged after March’s 10bp hike. The market’s focus should therefore be on the BoJ’s quarterly forecast report. Our economics team expects the inflation forecast to be revised upwards, considering the increased inflation in the first quarter, wage growth that exceeded expectations and a weaker yen. PMIs tomorrow and Tokyo’s CPI on Friday are two important releases. All in all, we don’t think the BoJ will push back (implicitly or explicitly) against the current pricing on further hikes. Hawkish bets are – incidentally – not too aggressive, with a total of 21bp priced in by year-end. Instead, we think there is plenty of room for rate hike expectations to rise as the year progresses, and our economists currently expect a 15bp hike in the third quarter and a 25bp hike in the fourth quarter. In the short run, however, the yen remains in a precarious situation. A de-escalation in the Middle East means safe-haven unwinding, leaving JPY under pressure from the structurally higher Treasury yields. We are well into intervention territory, and we’ll see whether Japanese officials draw a line in the sand at 155.0.by ElliottwaveSpecialist0
USDJPY: Bearish Trend ShiftOn 2h timeframe, USDJPY printed Double Top with RSI indicating strong Bearish Divergence. A Bearish Trend shift is expected. Shortby CipherCharts13
UJ OverSupplyIn previous years UJ bulls have strived much more so since the corona epidemic period where it has rose to 155 region being able to break decades of resistance. This year it has been of uptrend mostly upto now, this bull run might be running out of energy and retracement will follow for some days or weeks to 151 region Shortby poppie_0215
USDJPY - BoJ intervention Reaction ahead Weaken Yen BoJ policy will be announced this Friday, expected to create strong fluctuations in financial markets. Market Sideway at 153.8 to 154.8 , Price make a Spring to the downside, Upthurust to the upside will confirm a Redistribution phrase. Shortby EasyTradingOnlineUpdated 6