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Usd-jpy

USDJPY - Selling ralliesUSDJPY - Intraday - We look to Sell at 138.16 (stop at 139.16) The rally was sold and the dip bought resulting in mild net losses yesterday. The medium term bias is neutral. Bespoke resistance is located at 138.16. A Fibonacci confluence area is located at 143.82. Although the anticipated move lower is corrective, it does offer ample risk/reward today. Our profit targets will be 135.10 and 133.60 Resistance: 138.16 / 139.91 / 141.63 Support: 135.10 / 133.60 / 130.18 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
Short
by VantageMarkets
1
USDJPY Potential For Bearish ContinuationLooking 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 retracement sell entry at 137.674, where the previous swing low is located. Stop loss will be at 140.799, where the 23.6% Fibonacci line is. Take profit will be at 130.405, where the previous swing low is and where the -61.8% Fibonacci expansion line 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.
Short
by VantageMarkets
USDJPY Potential For Bearish ContinuationLooking 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 retracement sell entry at 137.674, where the previous swing low is located. Stop loss will be at 140.799, where the 23.6% Fibonacci line is. Take profit will be at 130.405, where the previous swing low is and where the -61.8% Fibonacci expansion line 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.
Short
by VantageMarkets
USDJPY 4hour Analysis December 4th, 2022USDJPY Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: We are looking super bearish on UJ as it continues to plummet. Going into this week we’re looking for clear structure in the form of a lower high as close to 137.000 as possible. Look to target lower toward 131.000 if this happens. Trade scenario 2: For us to see UJ as bullish again we would need a break above our 140.500 zone with convincing higher lows above.
Short
by ForexLeague
USDJPY The only chart you'll need for the next 10 years!This is the USDJPY pair on the 1M chart. The October rejection and subsequent deep red November may have come as a surprise to many but not if they've had been paying attention to this multi-decade chart that clearly shows the rejection was on a major, historic Resistance cluster. Before we begin, note that the October mega rejection was something we called for and clearly showed on our October 15 analysis, even on the short-term: Back to the multi-decade chart, as you see, this cheat-sheet shows all of USDJPY's major pressure points/ zones through the years that act either as Resistance or Support levels depending on the trend. With regards to October's rejection, we clearly see that this was made on a Lower Highs trend-line that was holding since December 1975, while the 1M RSI hit the top of a Channel Up that started after the October 1978 Low! On a large multi-year scale, there couldn't have been a better sell signal than that on USDJPY. As for the targets? The next pressure level in line is the 120.500 Pivot, where the price can make contact with the 1M MA50 (blue trend-line). A full-year rebound or consolidation after achieving that long-term target, can finally push for a test of the Upper Support Zone that is basically supporting USDJPY since January 2014. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
USDJPY on a bearish momentum 🦐USDJPY after our previous ideas continues the bearish momentum as expected. The market dropped to a daily support level and broke the ascending trendline. How can i approach this scenario? I will wait for a possible retracement on the 4h timeframe and IF the price will provide us a sign of inversion i will set a nice short order according to the Plancton's strategy rules. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question.
by InkyGrip
10
The Yen gains, without an interventionAs the DXY weakened overnight, the USDJPY continued its slide to the downside, breaking below 137.77 to reach a low of 135.40. Look for the USDJPY to continue with the current downtrend, trading lower toward the next key support level of 131.45. However, if the DXY recovers in strength as the markets head toward the weekend or from stronger-than-anticipated employment data, the USDJPY could consolidate or rebound briefly. But this could be considered a relatively unlikely scenario.
Short
by JinDao_Tai
USD JPY - FUNDAMENTAL DRIVERSUSD FUNDAMENTAL OUTLOOK: BULLISH BASELINE The Fed is on a data-dependent (meeting-by-meeting) policy stance, meaning incoming growth, inflation and jobs data remains a key driver for short-term USD volatility where we expect a cyclical reaction for both the USD and US10Y (good data expected to be supportive for the USD and US yields while bad data is expected to pressure the USD and US yields). The Fed is still under pressure to continue hiking rates and ramping up QT, but last week’s decent deceleration in the OCT CPI report has given markets some solace from inflation angst. Money markets shed about 30bsp off the implied terminal rate. As a result of this the USD saw intense selling but has largely stabilized this week. Like we’ve said many times, right now is all about the data. The data will lead the Fed, which means the data is what we should follow for high probability short-term directional flows for the USD. In the week ahead, we have a few of important data points such as ISM Manufacturing PMI and NFP on Friday. However, also pay close attention to the scheduled speech from Fed Chair Powell on Wednesday. POSSIBLE BULLISH SURPRISES With the Fed signalling a data dependent policy stance, we expect a cyclical reaction from the USD with incoming US data. Thus, extremely good growth, inflation or jobs data is expected to trigger short-term bullish reactions in the USD. If the cyclical outlook continues to weaken, the USD’s safe haven status still matters. Any incoming catalysts that increase deep recession fears and triggers strong moves lower in risk assets & bonds can trigger safe haven flows into the USD. With a lot priced for the Fed and USD, the bar is high for hawkish Fed surprises, but any aggressive Fed speak talking up a >5.5% terminal rate can trigger further USD upside. The speech from Fed Chair Powell will be important. If he delivers the same stern hawkish tone that accompanied the prior FOMC presser, it can provide upside for the USD. POSSIBLE BEARISH SURPRISES With the Fed signalling a data dependent policy stance, we expect a cyclical reaction from the USD with incoming US data. Thus, extremely bad growth, inflation or jobs data is expected to trigger short-term bearish reactions in the USD. If the cyclical outlook starts to improve, the USD’s safe haven status still matters. Any incoming catalysts that decrease deep recession fears and triggers strong moves higher in risk assets & bonds can trigger safe haven outflows out of the USD. With a lot priced in for the Fed and the USD, it won’t take much to disappoint on the dovish side. Any big concerns about growth from Fed speakers could trigger outflows. BIGGER PICTURE The fundamental outlook for the USD remains bullish as long as the Fed stays aggressively hawkish and cyclical concerns put pressure on risk sentiment. However, it’s also important to remember that the data leads the Fed. That means, even though the USD remains fundamentally bullish in the currency negative cyclical environment, it’s short-term direction will largely be determined by the incoming data. Thus, in the current context, we prefer trading the USD in the short-term with scalps out of key US economic data points. JPY FUNDAMENTAL OUTLOOK: BEARISH In recent weeks, yield differentials of course have been the biggest driver for the JPY with the BoJ keeping 10-year JGB yields capped at 0.25% with yield curve control while other central banks are hiking rates aggressively. However, Japan has intervened in the FX market twice buying JPY and selling USDs. The intervention saw short-term downside in XXXJPY pairs, but as the fundamental remains bearish it’ll take constant intervention to stop the JPY from falling. In the week ahead, focus will remain on any big moves in US yields (especially with further incoming US data). POSSIBLE BULLISH SURPRISES Catalysts that push US10Y lower (less hawkish Fed, lower UC CPI, lower growth) could trigger bullish reactions from the JPY. Any catalyst that triggers meaningful downside in key commodities like Oil (deteriorating demand outlook, ease in supply shortage) could trigger bullish JPY reactions. POSSIBLE BEARISH SURPRISES Any catalysts that push US10Y higher (more aggressive Fed, higher US CPI, better growth) could pressure the JPY. Catalyst that triggers meaningful upside in Oil (improving demand, decreased supply) could trigger JPY downside. BIGGER PICTURE The fundamental outlook remains bearish for the JPY due to yield differentials and the impact of a weaker JPY on the current account balance. As long as US10Y remain elevated and the BoJ stays stubbornly dovish and no currency intervention occurs, the bias remains lower. But take note of positioning which means we don’t want to chase the JPY lower, especially with the risk of further currency intervention should the JPY continue to weaken. The best opportunities for now remain short-term focused on further intervention or strong moves lower in US yields.
by thunderpips
6
USDJPY - No clear indication that the downward move is endingUSDJPY - Intraday - We look to Sell at 137.50 (stop at 138.50) Traded to the lowest level in 68 days. The 261.8% Fibonacci extension is located at 133.72 from 152.01 to 145.02. There is no clear indication that the downward move is coming to an end. Previous support now becomes resistance at 137.50. Intraday signals are far from strong. Our profit targets will be 133.75 and 133.50 Resistance: 137.50 / 139.91 / 142.07 Support: 136.36 / 133.72 / 130.02 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
Short
by VantageMarkets
InvestMate|USD/JPY Attention we are falling💱💱USD/JPY Attention we are falling. 💱 Looking at the current move on USD/JPY that we have just made, it is hard not to get the impression that the next wave of declines has just begun. 💱In the first half of the day it might have seemed that we would start an upward correction but very abruptly the market reversed the trend and pointed the direction for the coming days. 💱 This is all due to today's events that took place on the US dollar. 💱Turning to the chart. 💱 Ahead of us, below is a strong support zone defined by a cluster of two strong fibo levels the first is the 0.382 of the entire upward wave from the 2020 bottom to the current 2022 top. The second level is the outer level of the 1.272 of the downward wave from the 2015 top to the 2016 bottom. 💱 In contrast, there is a strong resistance zone defined by a cluster of fibo levels. The first is the outer 1.618 level of the entire downward wave from the 2015 peak to the 2016 bottom. The second is the 0.236 level of the entire downward wave from the start of quotations 1971 to the 2011 bottom. 💱The scenario I am playing out is to break out of the new local lows and continue heading south to reach the support zone. I am aware of the possibility of a correction at any time, this should be taken into account, If the outlook would change 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 drawn with the lines this is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
Short
by InvestMate
3
USDJPY Potential For Bearish ContinuationLooking 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. Price has tapped into my sell entry at 141.034, where the 50% and 23.6% Fibonacci lines are. Stop loss will be placed at 143.531, slightly above where the 38.2% Fibonacci line is located. Take profit will be at 135.573, slightly above where the 78.6% Fibonacci line 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.
Short
by VantageMarkets
USDJPY for a lower low 🦐USDJPY on the 4h chart, after the expected retest of the daily resistance, continues the descending move. The market is now testing the support at the 138.250 level. How can i approach this scenario? If the price will clearly breaks the structure i will consider a nice short-order according to the Plancton's strategy rules. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question.
by InkyGrip
4
USDJPY 4hour Analysis November 27th, 2022USDJPY Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4hour Trend: Bearish Trade scenario 1: UJ is looking very bearish lately and currently we are at a low, just below 140.500 resistance. Going into this week we want to continue the overall bearish trend but we need to see something clear. Ideally, price action rejects 140.500 with convincing bearish variations we can enter short on. Look to target lower toward 137.000 support. Trade scenario 2: For us to consider UJ bullish again we would need to see a break above 140.500 with a confirmed higher low above.
Short
by ForexLeague