USDJPY SHORT i do expect the TP of 128.888 kick in really soon, lets see how our third trade on to this play out.
Today 1pm uk i should be manually out of this trade or expect to hit TP.
Usd-jpy
USD/JPY short as per prior videos for NY Feb 8This video is part 3 of a series of videos today showing the entry criteria being met for USD/JPY short setup in the New York session.
A micro-management video will be on the way as part 4.
USDJPY: Retracing from an important zone along with strong DXYHey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 131 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
USD/JPY: 120 looks like the target this year – INGIn the view of economists at ING, USD/JPY should continue to fall throughout the year. They target 120.
The BoJ is back on the map
“The Bank of Japan is now garnering much more focus than it has in years. Most pressing is the replacement of Governor Haruhiko Kuroda, who leaves in April. A successor will be presented to parliament on 10 February. The favourite, Deputy Governor Masayoshi Amamiya, is seen as the dovish continuity candidate.”
“Any surprise choice of the more hawkish Hiroshi Nakaso could probably send the Yen a lot stronger, with pressure building for 10-year JGB yields to burst above their current 0.50% ceiling.”
“USD/JPY has mainly been driven by the weaker Dollar story, but 120 looks like the target this year, helped by the BoJ and lower energy prices.”
USDJPY H4: Bullish outlook seen, further upside above 130.50On the H4 time frame, prices are approaching the support zone at 130.50, in line with the graphical support zone and 50% Fibonacci retracement where a pullback to this zone could present an opportunity to play the bounce to the resistance zone at 134.50. Prices are holding above the Ichimoku cloud, supporting the bullish bisa.
USDJPY Potential Upsides as USD gains back some strengthHey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 130 zone, once we receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
USDJPY GAP Gap fill trade idea for today. Price almost pushed into the opening sell off where we can anticipate easy sell off to target the gap and like all gaps it must get filled. The risk on this trade is extremely low also making it more attractive
USDJPY SELL 128.080 incomingi do expect USDJPY to really started falling hard this week by friday i do expect the price of 128.080 TP to hit.
lets see how this trade goes.
USDJPY potential for bullish rise to previous swing highLooking at the H4 chart, my overall bias for USDJPY is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 130.602, where the overlap support and 23.6% Fibonacci line is. Stop loss will be at 128.082, where the recent swing low is. Take profit will be at 134.772, where the previous swing high is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
USDJPY Potential for Bullish Continuation | 6th February 2023Looking at the H4 chart, my overall bias for USDJPY is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 130.602, where the overlap support and 23.6% Fibonacci line is. Stop loss will be at 128.082, where the recent swing low is. Take profit will be at 134.772, where the previous swing high is.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
USDJPY | DECRYPTERS | DOLLAR REVERSAL Hi Welcome to Team Decrypters
We are back with The new Trade of USDJPY We expecting DXY REVERSAL AND ALSO continuation Move on USDJPY
Note :- it can do little Correction before Moving up ( Highly Likely)
💱 USD/JPY Chance For Slow Increases 💱💱 USD/JPY Chance For Slow Increases
💱 Nearest strong support zone: around the 0.236 fibo level of the upward wave.
💱 Nearest strong resistance zone: around recent local lows.
💱 Technical environment:
- Moving averages: Downtrend
- MACD: 50/50
- RSI: Downtrend
💱 Price Action: USD/JPY after Wednesday's upward attack following the BOJ's monetary policy statement, the price very quickly returned to the vicinity of 128 where it stopped in recent days. The stopping of the price at this point is no coincidence and may indicate the possibility of executing an upward correction from current levels. The nearest strong support zone is around 133 where we may find ourselves after a longer accumulation.
💱 The scenario I play is to wait for a formation that confirms the execution of an upward correction. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💱 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
USDJPY Potential ReversalHey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 132.8 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
weak JPY is easier to bear than a too-muscular currencyThe Fed’s monetary policy, along with persistent inflation expectations, has pushed the benchmark 10-year U.S. Treasury yield up to 4%. The Bank of Japan, meanwhile, is continuing to hold the 10-year Japanese government bond yield near zero. The Japanese central bank conducted a bond-buying operation for the second straight day to keep the yield within its implicit range of -0.25% to 0.25%.
The yield gap is prompting investors to invest in dollars rather than yen, exerting strong downward pressure on the Japanese currency.”
In response to this the Bank of Japan (BOJ) decided to maintain its “ultraloose monetary policy” as BOJ Governor Haruhiko Kuroda “highlighted downside risks to the economy and indicated his willingness to accept a weaker yen.”
USDJPY - Scalping pullback to descending parallel channel?After the positive US news yesterday USDJPY broke out of the descending parallel channel it had been in for the past 12 weeks.
I believe DXY is due either a retracement from its current impulse (back to around 107.4 (0.5 fib), or it will indeed completely reverse up based on fundamentals. If this is the case then UJ's breakout will likely become a big move to the upside.
In the very short-term though, I believe UJ will retest the channel (around 250 pips).
It's over-sold and channel breaks normally respond with a retest before continuing the move away, so I'm looking for shorts around 131.500.
USDJPY SHORT it resisted the BOJ interest rate levels after the NFP outburst i do expect the price of 128.88 8 to kick in very aggressively now
USDJPY BUY ZONEGood evening everyone! Don't forget to put your thumbs up and write comment if you like the idea.
USDJPY buy zone 128.500 and 127.900 and 127.400 SL 126.900. Risk 1%. Buy from monthly and weekly target area. First Target Standard, Global Target Return to Area 130.600 and 132.500
DISCLAIMER:
The opinion of the author may not coincide with yours! Keep this in mind and consider in your trading transactions before making a trading decision.
USDJPY SHORT I do expect these short to kick in - trendline is looking clear from BOJ interest rates. i do now expect USDJPY to start shorting really hard. been a hectic Thursday and Friday.
USD/JPY is stuck in a range around mid-128,000 waiting US-NFPThe USD/JPY pair oscillates in a constrained range on Friday as it fails to build on the previous day's small recovery from close to the two-week low of 128.00. Spot prices remain stable above mid-128.00s throughout the early European session, oscillating between tepid gains and slight losses.
The US Dollar is seen operating as a tailwind for the USD/JPY pair as it moves higher on the final day of the week and aims to build on its rebound from a nine-month low set on Thursday. The US dollar's increase may be linked to some repositioning trading before the release of the much anticipated US monthly jobs report later in the early North American session. The underlying resilience in the labor market was highlighted by the US Weekly Initial Jobless Claims data issued on Thursday, which raised hopes for robust Nonfarm Payrolls (NFP). As a result, investors were obliged to reassess their predictions for future rate increases by the Fed, which helped to sustain the USD. However, lower US Treasury bond yields limit the amount of profit.
The Bank of Japan (BoJ), on the other hand, is expected to adopt a more hawkish position later this year, which is expected to bolster the Japanese Yen. The Nationwide Core Inflation Rate for Japan, which recorded its highest annualized reading since December 1981, helped to increase the bets. This is considered to be another element that, at least temporarily, restrains the USD/JPY pair.
In the wake of the overnight breach below a symmetrical triangle and before of the important US macro data, bullish traders also appear cautious to place new bets. However, it appears that the USD/JPY pair will experience losses for the first time in three weeks.
USDJPY 127.777 by NFP NEWS i do expect USDJPY to reach this take profit zone by NFP - it is falling very hard make sure to have a good risk management on this trade.
TP 127.777
USDJPY Potential for Bearish Drop to previous swing lowLooking at the H4 chart, my overall bias for USDJPY is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a pullback sell entry at 129.204, where the overlap resistance is. Stop loss will be at 131.115, where the recent high is. Take profit will be at 127.215, where the previous swing low is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
USDJPY Potential for Bearish Drop | 3rd February 2023Looking at the H4 chart, my overall bias for USDJPY is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a pullback sell entry at 129.204, where the overlap resistance is. Stop loss will be at 131.115, where the recent high is. Take profit will be at 127.215, where the previous swing low is.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
