USDJPY BUY 1:3RRUsdjpy looking all time frames buy only 2 pattern formed on exact trend line ...small SL 1:3 RR ... MM is always important 😋 If Stop-loss hit and stay below trend line sell expected Longby DNA_Trader_Officials4
Welcome to June! USD/JPY UPDATESHello Traders! I went with UJ to track this month. Safe Trading.17:23by ForensicForex3
USDJPYBUY on the theory markets ranges 70% of the time, and BUY on the theory markets retraces HALF of the previous leg 90% of the time. Longby ComteSt.Germain5
USDJPY: Inside day, first green day, three days cycleHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range ✅ day 3 cycle Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week Thursday DAY 2 Friday DAY 3 Closing Range 2. SIGNAL DAY First Red Day First Green Day ✅ 3 Days Long Breakout 3 Days Short Breakout Inside Day ✅ 3. WEEKLY TEMPLATE Pump&Dump Dump&Pump ✅ Frontside ✅ Backside 4. THESIS: Long: primary, possibility to see the weekly template dump and pump completed, signals in place, I would be looking for a buy low after 10am, going back to the HOD/HOW Short: secondary, inside day can give 2 types of setup, trend continuation of reversal. Right now the market placed a lower low, so I don't exclude the market going to stop the trader long, with most of their stops below the Friday LOD. Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni Longby GianniPichicheroUpdated 4
USDJPYI am expecting USDJPY to make a sell move downward and take out the previous lower low.Shortby EM_Trading_CompanyUpdated 2
Usd/Jpy bearish bias | trade setupso we had higher time frame bearish ob plus 1h bearish ob resulting our bias to shift negative price has left bullish fvg near 156.500 we can at that range price to mitigate Shortby Jimmy_Rebello0
USD/JPY ups and downs and analysis strategiesHello traders, Today, the USDJPY currency pair is experiencing volatility, largely influenced by the Federal Reserve's monetary policy and global economic conditions. USDJPY has had an unstable trading day, starting from a high of 110.20 and falling below 110.00 in early morning trading sessions. The current important support level is around 109.80, a level that has been tested and held steady in recent sessions. The nearest resistance level is around 110.20, which USDJPY needs to break above to continue trending higher. If USDJPY fails to surpass the 110.20 level, the yen could find support around 109.80 and continue its decline.by BURIK-Paul0
Daily USD/JPY UpdatesHello Traders! I am still bullish on UJ and just going to take partials as price moves above PDH. Long01:06by ForensicForex0
Usd/Jpy - H4 - seller are coming...Use good trade management only thing important in Trading is how you manage your trade... our signals are 95% accurate give us follow and motivate us by likes and comments... .. good luck..Shortby DreamsForx5
USD/JPY looks ready to soar, but will it wake up Bo(J)zilla?Last week, USD/JPY spiked higher after a disappointing Bank of Japan (BoJ) rate meeting and today, the price has again broken above resistance. The chart reveals a smaller ascending triangle pattern with a target of 159.80, which remains valid as long as the price trades above 157.14. Will a push higher wake up Bo(J)zilla? Why is the USD/JPY Rising? The BoJ's decision to leave rates unchanged last week, despite inflation being reported at 2.5% and potentially reaching 3% soon, was met with disappointment in the market. The central bank's vagueness about its plans to reduce asset purchases further adds to the uncertainty. This scenario supports the carry trade, a strategy where investors can increase their returns by borrowing cheaply in JPY at nearly 0.1% and investing in the USD at 5.5% or the MXN at an eye-watering 11%. With leverage, returns could increase to 22% annually, excluding costs. Will the BoJ Intervene? It is unlikely that the BoJ will intervene significantly in the short term. However, given the current fundamentals and chart patterns, the USD/JPY appears poised for further gains. The central bank might attempt to intervene during low liquidity periods, such as when the US markets are offline and before the Asian markets open. Caution is warranted for anyone going long USD/JPY, as they could face off with Bo(J)Zilla.Longby Alex_thinkmarkets2
USDJPY: Short Signal with Entry/SL/TP USDJPY - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell USDJPY Entry - 157.95 Stop - 158.60 Take - 156.73 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals116
bearish USDJPY this is what i see bearish USDJPY this is what i see The market is going for a sell you can scalp some pips GoodluckShortby Forexnelson2
NEW IDEA FOR USDJPY The absence of currency intervention will change the divergence of monetary policy towards the US dollar By examining the trend in the four-hour time frame, USD/YEN, while maintaining the important support interval in the range of 154.79-154.09, can increase to the resistance range of the ceiling of the ascending channel in the range of 162.49-161.30.Longby arongroups0
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
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