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Jpyusdforexsignal

JPYARS long Bullish Trend continuesIndustry nation Japan vs Argentina! Indact the Football Gods like Messi and Maradonna coming from Argentina,but even they cant help to stabilize the economic structures of this country:42% inflation vs 2%inflationary Japan. Yen is the safe haven currency and it seems it is more trustworthy to the investors. STRATEGY Vullish trailing stop position sizing Trend startegy?Well As traders you certainly are familiar with different trend strategies and in this market with the current conditions they might result pretty well
Long
by DaveBrascoFX
2
Yen traders look for opportunity as BOJ gains new leader The new governor of the Bank of Japan, Kazuo Ueda, is currently in the spotlight as traders attempt to determine how closely he will adhere to his predecessor's ultra-loose monetary policies. Despite inflation in Japan reaching a 40-year high, Japanese interest rates have remained unchanged, causing the yen to weaken considerably over the past year. In his confirmation hearings, Ueda has offered some mild criticism of the current ultra-loose policy, but has not been explicit or specific, in order to avoid limiting his options when he takes full control of the Bank. However, Ueda has also noted that "It is appropriate for the Bank of Japan to continue monetary easing while continuing to devise ways to respond to the current situation," and that his predecessor's policies were "unavoidable". Due to the ambiguity in Ueda's speeches, trading opportunities may arise in JPY pairs that could be unleashed once the situation becomes clearer. Many market watchers believe that Ueda will be more "flexible" and plans to enact some "policy lurches" in the future after settling into his role. This was the initial thought among traders when Ueda's surprise nomination made headlines in early February, causing a slight spike in the yen. However, the impact on currency markets was short-lived, and the US dollar has continued to climb, notching greater and greater yearly highs. The next two significant hurdles for the pair to overcome are 136.500 and 137.500. Upon parliamentary approval this week, Ueda will assume the position on April 8, 2023, but his public addresses will be closely monitored leading up to this time. Furthermore, investors will examine past comments, including those from his 2005 memoir, "Fighting Zero Interest Rates," regarding his previous seven-year tenure on the Bank of Japan's policy board.
by BlackBull_Markets
USDJPY 4H: 09/02/2023: Short opportunity! Main Idea: Well, here in the USDJPY chart we can see the bearish structure and we can expect the price to move downward. For that, the price can rise till the supply zone and then with a low time frame confirmation, we can enter. You can see all the important zones and levels on the chart. If you have questions, feel free to ask. 💡Wait for the update! 🗓️09/02/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
Short
by VahidTradingCR
1
Is USD/JPY about to spring back to life?USD/JPY fell around -12% from its October high to December low, but is showing signs of a potential bullish reversal. USD/JPY managed to hold above the 133.62 low and formed a higher low with a Doji, which is part of a 3-bar bullish reversal pattern (Morning Star Reversal). The 200-day EMA is also providing support. Prices have fully recovered the losses following the US CPI report, and now testing trend resistance. A break above 138.2 assumes bullish continuation and confirms a trend reversal on the daily chart. 140 and 142.50 are potential bullish targets.
Long
by CityIndex