USDJPY - Weekly Forecast - 28 May 2024 - VideoThis is my weekly forecast for the week starting 28 May 2024. I see two scenarios, firstly we could just go down a little and then drive higher, secondly, we could drive down to the gap and then drive higher. Long03:14by TraderRiz0
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: Short Trade Explained USDJPY - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short USDJPY Entry Point - 157.06 Stop Loss - 157.91 Take Profit - 155.55 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals113
USDJPYI think will move something like this and to fill the big spike from yesterday............Longby hristaki80
USD/JPY Market Analysis: Downside CorrectionThe USD/JPY has been a tricky customer in the past few weeks. We have attempted a few shorts which did not work out, the price persisted to the upside eventually breaking key structures that hold the downside. The Bullish breaks confirm the Longer-term trend (Bullish) has resumed, however, the current rally is losing steam and we can capture a strong reversal to reset the trend. Overview and breakdown Current Trend: UP-Trend Next Expectation: Downside Correction (Secondary Trend) to discount the rally for a reset of the Up-trend and to offer a lower price discount. Area of target: Target 1: 156.28 & Target 2: 155.23 These areas represent the key structural points. The second target is the most technical point that represents the last untested structure. This point is the safety point for the buyers that enter the bullish trend at a later date. In most cases, the price correction (Secondary trend) will get here. Another important thing to note with the 2nd Target is that; it corresponds nicely with the Fibonacci Buy-Zone measured from the Low of the entire rise to the High. Risk and Stop Loss: Price 157.25; Technical Stop above the Momentum High. Shortby Charts247TradingAcademy0
USDJPY remains well supported in all time framesDear traders! The upward momentum is still well supported after exiting the falling wedge by a positive outlook amid changing sentiment. With the ability to create DOW from the chart, using the Fibonacci measurement tool from Tradingview. I expect the uptrend to still be well supported from 0.786 potential targets on M3 are 180.57 and 231.38 as indicated above chart. If you like this idea, don't forget to leave your comment to let me know your idea.Longby ConanForexUpdated 9919
USDJPY - 24 May 2024Huge volume but price stop moving higher, this is a sign of short term high, while the low is formed weak, if supply take back control from here, we will most probably see price trade back down to the breaker, right below the SSL.by FX_ArteezZ1
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 - 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
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 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 BUY SETUPThere is a likely intervention from BOJ today that will take us into a fresh demand zone, if it plays out, We would be buying USDJPY from that demand zone Longby Dasilvawale0
USDJPYLooking for a sell opportunity in UJ. waiting for the price push to the level of Resistance to make double top. Use proper risk management. Thank youShortby joelkurienUpdated 5
USDJPY Continues uptrend above 156.00Dear traders! In general, after successfully breaking the resistance level above the Symmetrical Triangle channel, the price has confirmed and the recovery momentum has increased in materialization and distribution. It is now aiming to test local highs, but the upside momentum still looks likely to lack momentum before strengthening further. At this point we are looking for confirmation of price action above 158.45 with a view to further strengthening expected to target 158.00.Longby ConanForexUpdated 111153
Potential bullish rise?USD/JPY has broken out of the pivot which has been identified as a pullback resistance and could potentially rise to the 1st resistance. Pivot: 156.58 1st Support: 154.74 1st Resistance: 158.41 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. Longby ICmarkets8
USDJPY (Nikkei Rises 0.7%, Driven by Banks and Energy Stocks) Nikkei Rises 0.7%, Driven by Banks and Energy Stocks Japanese stocks closed higher, with gains led by the banking and energy sectors, as the 10-year Japanese government bond (JGB) yield hit an 11-year high. Mizuho Financial Group rose 3.1%, and Sumitomo Mitsui Trust Holdings climbed 2.4%, following a 3-basis-point increase in the 10-year JGB yield to 0.975%, the highest since May 2013. Energy stocks also performed well, with Eneos Holdings gaining 6.2% and Inpex up 4.2%. The Nikkei Stock Average increased by 0.7% to 39,069.68. Investors are closely watching developments in the Middle East and crude oil prices following the death of Iranian President Ebrahim Raisi in a helicopter crash on Sunday. The USD/JPY exchange rate is at 155.74, up from 155.67 late Friday in New York. The price continues to experience bullish pressure towards 156.600, with a potential further rise to 157.970 upon breaking this level. A correction to 155.95 or 155.445 is possible before resuming the bullish trend. The bearish scenario will be triggered if the support line at 155.445 is broken, potentially leading to a drop to 154.700. Pivot line: 155.950 Resistance line: 156.590, 157.970, 159.82 Support line: 155.450, 154.700, 153.685 The expected trading range is between support 155.450 and Resistance 156.600 Longby SroshMayiUpdated 6
USDJPYThis is what I see on pair, The current wave is wave 4 of and ending diagonal. targeting 148,73 blue box. Shortby Mntungwa871
USD/JPY: Anticipating Heavy Bearish MovementHello Everyone, The USD/JPY pair is once again testing the upper resistance levels. Despite the recent upswing in price, we anticipate a significant bearish movement soon that could surpass our initial bearish target. TradeWithTheTrend3344Shortby TradeWithTheTrend33443
USDJPY Bullish Side Money heist Plan to Become RichMy Dear Robbers / Traders, This is our master plan to Heist USDJPY Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous Level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted Money and wait for next breakout of dynamic level / Order Block, Once it is cleared we can continue our heist plan to next new target it will update after the Breakouts. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.Longby Thief_Trader2
USDJPY - SELL @ 156.716 - Expecting retracement Sell order placed @ 156.716 - 4HR shows signs of a possible retracement. Order placed @ 16:08.24EST - Looking to hold until 9:00pm latest. T/P @ 155.710Shortby hunter_whitee2
USD/JPY steady as Japanese PMIs mixedThe Japanese yen is slightly lower on Thursday. USD/JPY is trading at 156.70, down 0.08% on the day at the time of writing. Japan’s PMIs for April were a mixed bag and the yen didn’t show much reaction. Services PMI dipped to 53.6, down from 54.3 in March and just shy of the forecast of 53.8. This was the smallest growth in services since February. Manufacturing PMI showed improvement and rose to 50.5, up from 49.6 in March and above the market estimate of 49.7. This was the first growth since May 2023 as manufacturing has been in a prolonged slump. The 50 level separates contraction from growth. The Japanese economy is showing signs of improving after first-quarter GDP declined. Inflation has been easing, which could hamper the ability of the Bank of Japan to increase rates without reigniting deflation. With inflation falling around the globe, major central banks have been under pressure to lower interest rates. The central banks remain cautious, however, and the Fed minutes indicated that there was a discussion to raise rates at the May 1st meeting. Other central banks are also unclear about their rate path – the Reserve Banks of Australia and New Zealand held rates at their most recent meetings but also considered hiking rates. The FOMC minutes noted that policy makers are not confident about lowering rates at this stage and want to see more evidence that inflation will continue to drop and remain sustainable around the 2% target. This message is consistent with what we have been hearing from a host of Fed members, although the markets have priced in a September rate cut. USD/JPY tested support at 156.02 earlier. Below, there is support at 156.33 157.07 and 157.32 are the next resistance linesby OANDA0
Usdjpy buyUsdjpy pair looking for buy continues pattern further upside expecting let take long side if fall crucial take one more layer buyLongby DNA_Trader_Officials0
USDJPYUSDJPY analysis Time frame of 4 hours USDJPY can continue to fall by filling the 4-hour FVGShortby m0neyminer443