Solution to a WEEKLY PUZZLE :)I appreciate your interest, please comment and support the puzzle section so I continue to post them in the future.05:14by Yelli_trades336
USDJPYI am expecting USDJPY to make a sell move downward and take out the previous lower low.Shortby EM_Trading_CompanyUpdated 2
USDJPY: Bullish Forecast & Outlook The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bulls are taking over so we will bend to the will of the crowd and buy too. ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals113
USDJPY ( 4H )USDJPY - Tendency : the price is under bearish pressure 157.027 - Turning level : The turning level is at 157.027 where price has now stabilized at the bottom - resistance level : Breaking the turning level 157.027 , the price will up to 157.700 and 178.383 - support level : The trading stabilizing below 157.027 the price will reach the support level of155,682 and 154.641 Shortby ArinaKarayi118
USD/JPY Moving Up Again#market_pulse 🥰 Hey everyone! 💵Let's consider some positions for now! #EURUSD 🔼 Target 1.08493 .🎯 #GBPUSD 🔼Target 1.27404 .🎯 #AUDUSD 🔼Target 0.66601 .🎯 #GBPJPY 🔼Target 199.801.🎯 #USDJPY 🔼Target 157.002 🎯 💬How is the deal? 💵💵💵 GET $20,000 JUST FOR $99 *** PERFECT20 (promo code)Longby sabiotrade1
USDJPY : Continue the trend of price increase!Hello everyone, Brian here. USD/JPY has completed its retracement to the 0.618 Fibonacci level, and the long-term outlook remains optimistic. The pair is on track to reach the 1.618 profit target, continuing its strong performance above the two EMA lines. Additionally, the 151.100 level has now become a new support after buyers successfully broke through the previous record high.by Trader_BrianFXUpdated 8
The latest analysis and advice, hope to help youHello, trader. The euro has extended its losses on Friday. EUR/USD is trading at 1.0675 in the European session, down 0.59% on the day. The euro is down 1.17% this week and has dropped to its lowest level since May 1st. Down 0.59% on the day. The euro is down 1.17% This week and has dropped to its lowest level since May 1st. France’s inflation level fell to zero in May, confirming the preliminary estimate and down from the 0.5% gain in April. France is the eurozone's second-largest economy and the downtrend in inflation will be welcome news to the European Central Bank. The central bank delivered a rate cut last week, the first since its rate-tightening cycle began two years ago. ECB policymakers will be closely monitoring inflation data and could consider another cut in the fall if inflation continues to decline towards the 2% target. Eurozone inflation rose 2.4% in April, unchanged from March. ECB President Lagarde speaks at an event in Croatia later on Friday and investors will be looking for hints as to the ECB’s planned rate path. Another cut in July is unlikely but a signal from Lagarde that additional rate cuts are one the table could boost the euro. In the US, the producer price index rose 0.2%, below the April reading of 0.5% and lower than the market estimate of 0.1%. Yearly, PPI ticked lower to 2.2%, below the April reading of 0.5% and lower than the market estimate of 0.1%. Yearly, PPI ticked lower to 2.2%, down from a revised 2.3% in March and below the market estimate of 2.5%. Down from a revised 2.3% in March and below the market estimate of 2.5%. The soft PPI data follows the May CPI report which also showed that inflation on the decline. The downtrend in these two inflation reports have raised expectations of a September rate cut, with a 61% of a quarter-point cut currently, compared to 46% just a week ago, according to CME’s FedWatch. EUR/USD pushed below support at 1.0709 and is testing support at 1.0679. Below, there is support at 1.0629. Eur /USD pushed below support at 1.0709 and is testing support at 1.0679. Below, there is support at 1.0629 1.0763 and 1.0793 are the next resistance linesby Machine-traderUpdated 0
USDJPY M20 Idea- The USDJPY is poised for an initial target of 157.000, with favourable buying opportunities.by GOLDFXCC0
USDJPYlooking previously into this price action, price has broken the structure (BOS) and has formed the qml thus price is likely to mitigate the qml before a drop target is the blue box Shortby Mntungwa870
USDJPY Analysis for the week aheadOn the Daily chart I see that price is trading sideways in a range. Currently at resistance level signaling a strong Bearish possibility, especially it if breaks the trend line by bmilesbhg0
USD/JPY: Overbought or Just Taking a Breather?Following the Bank of Japan (BoJ) maintaining its overnight rate between 0.0% and 0.1% and announcing that a bond-taper plan will be delivered at next month’s policy-setting meeting, the Japanese yen (JPY) and yields traded southbound. Technical View Supports Buyers Technically, the USD/JPY is an interesting market. In the long term, the trend is unquestionably to the upside, visible on both monthly and daily charts. Having said that, upside momentum has slowed, as shown through the negative divergence on the monthly chart’s Relative Strength Index (RSI) and daily action testing the upper edge of the 50.00 centreline. Structurally, monthly support is seen from ¥150.80, and the channel resistance extended from the high of ¥125.85 was retested as support in recent months. ¥160.20 resistance (high from the 1990s) remains a logical barrier to note overhead, though, through the daily timeframe, active resistance entered the fray on Friday at ¥157.81: the last technical line of defence before opening the door to daily resistance at ¥159.88. Where does this leave price action in the short term (H1 chart)? Following a run on stops north of the big figure ¥158 and a subsequent retest of ¥157 (which held into the week’s close), resistance is now a concern at ¥157.37. Should offers be cleared at the aforementioned level, ¥158 could call for attention once more. In fact, given the lacklustre response at current resistance on Friday, this resistance echoes vulnerability and a breakout higher in early trading this week should not raise too many eyebrows. H1 and Daily Resistances Eyed for Bullish Cues Based on the above analysis, a breakout above H1 resistance at ¥157.37 could trigger short-term buying towards daily resistance from ¥157.81. Assuming a daily close above the noted daily resistance, this would place ¥158 in a vulnerable position and unshackle things for further breakout buying. Longby FPMarkets0
ST Bullish Bias JPYUSDNot really motivated to explain, look at my analysis, use your own judgement and discretion, my analysis are only purposed to encourage your personal bias, best of luck. As always, not FA have your own TP, don't use my TP has a reliability, I will not be held accountable also have your own SL, not my fault you become liquidity. DXY still overall strong, but weak in the short term. Longby PepeJTheTrader0
Fundamental Market Analysis for June 14, 2024 USDJPYEvent to pay attention to today: 17:00 GMT+3. USD - UoM Consumer Sentiment USDJPY: The USDJPY pair is gaining strength around 158.000 during Asian trading on Friday. The pair is rising after the Bank of Japan (BoJ) announced its policy decision. According to reports from the Nikkei, the BoJ is considering reducing its government bond holdings. Currently, the BoJ plans to buy about 6 trillion yen (approximately $38.5 billion) worth of bonds each month. The central bank has stated that it plans to purchase between 4.8 trillion yen and 7 trillion yen worth of bonds per month. Federal Open Market Committee (FOMC) policymakers have revised their forecasts and now predict only one rate cut this year, up from three cuts that were predicted in March. The forecast revision signals a more aggressive approach to managing inflation and maintaining economic stability, which favours the resilience of the US dollar. Investors are awaiting the release of the preliminary US consumer sentiment index from Michigan, which is scheduled for Friday. This index will provide additional information on consumer confidence and the economic outlook. Trade recommendation: Trading mainly by Buy orders from the current price level.Longby Fresh-Forexcast20040
USDJPY Resistance Breakout At 157.979 14.06.2024- USDJPY resistance breakout at 157.979 on 1hr chart. - If breakout holds: - Target 159.630. - Break above 159.630 targets 161.731. - If breakout fails: - Target 156.679. - Break below 156.679 targets 155.659. Apply Risk Management Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350) DisclaimerLongby BDSwiss_Academy0
USDJPYStill bullish long term here. Although i sense a possible exhaustion. I've marked out two possible scenarios, in the end the price will most definitely hit the 151.937 point. Let's see how this plays out.by PrimexCapital0
Could the USDJPY retest 160?When the BoJ increased interest rates in March, for the first time in 17 years, the Yen continued to weaken due to the perceived lack of commitment toward further rate hikes. In April the BoJ kept rates on hold at 0.10%, which saw the Yen react with further weakness. The BoJ is due to release its Policy Rate and Monetary Policy Statement tomorrow (Friday). With the USDJPY currently at the 157.25 price level, a resumption of strength on the DXY following the FOMC decision yesterday could see the USDJPY climb up to the resistance level of 158 before the BoJ decision. If the BoJ decides to keep rates on hold and not take any further action on reducing its bond purchases, the Yen could weaken further, pushing the USDJPY higher toward the all time high of 160. This is likely to make it very interesting as it would reignite the speculation of a possible currency intervention from the BoJ Longby JinDao_Tai1
Dollar-yen seems unlikely to break ¥158 immediatelyThe divergence in monetary policy between the USA and Japan is still likely to remain for at least many months and possibly years. This week’s meeting of the Bank of Japan (‘the BoJ’) probably won’t result in any shift in rates, but attention is on whether the BoJ might reduce its purchases of bonds. For now, there’s no discussion of any further intervention to stabilise the yen, which has now lost more than half of its value against most other hard currencies since 2021. The 61.8% weekly Fibonacci extension around ¥158 looks like a very strong resistance which will resist testing unless upcoming data or the BoJ’s meeting deliver a genuinely big surprise. The slow stochastic at around 78 is very close to overbought but not yet in the zone of buying saturation. Usually, second and subsequent tests of a certain area tend to be less likely to break through without a fundamental catalyst. That’s why it would traditionally be preferred for a trend-following trader to buy in lower in this situation. The main dynamic support here is the 50 SMA from Bands slightly below ¥156. That probably doesn’t look too appealing for sellers except in the short term because it’ll be more difficult to find a good ratio of risk to reward for such a trade. The BoJ’s meeting in the early hours GMT of Friday 14 June is the key news coming up, but traders will also monitor American retail sales and Japanese balance of trade on Tuesday 18 June. This is my personal opinion which does not represent the opinion of Exness. This is not a recommendation to trade.by Michael_Stark_Exness0
USDJPY - Sell StopSelling after the previous low is broken as there is divergence.Shortby Alee_KolachiUpdated 0
USD/JPY Ready For Sell After Daily Closure , Are You Ready ?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.Short00:42by FX_Elite_Club0
USDJPY ShortBoJ intervention area 160. Retail traders are less short the pair then a month ago. Elliott wave patterns suggest a decline even if it's temporary (orange waves). We just had a decline just before invalidation of the orange scenario.Shortby dscharalampidis0
USD/JPY - iNTRADAYInteresting structure after upward momentum !! After breakout the trendline with a acelerated form you can execute against movement.. We have to be patience.. Use your favorite entry strategy !! Keep it Simple! If you´re like it, FOLLOW ME !! Longby DAISTRUM0
USDJPY Short 1HUSDJPY is showing bearish divergence, the price action is expected to be bearish. Trade plan is to take sell entry at breakout of previous HL.Shortby H2TO0