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USDJPY

USDJPYUSDJPY . Potential long opportunity. After USDJPY has made its correction down to the trend line , the pair is still following the structure and still remains bullish . While USD is still “the best performing currency” at the moment, we can also take that into consideration for the bull move we are anticipating. If our SL is hit, the pair would be breaking structure and make deeper pullbacks in the price. Our SL (Stop Loss) is sitting at 153.758 . An important KL (Key Level) we have to look at is 155.626 . If the KL is broken to the upside, we would see our TP (Take Profit) hit, which is sitting at 157.865 . PARAMETERS - Entry: 154.815 - SL: 153.758 - TP: 157.865 KEY NOTES - USDJPY made it’s pullback down to our trend line. - Breaks below our SL would result in lower lows. - Breaks above our KL would result in higher prices and hitting our TP. Happy trading! FxPocket
Long
by FxPocket
3
London Session Focus: USDJPY Momentum & Potential AUDUSD BuyThis morning during the London session, my primary focus is on the USDJPY. We anticipate a momentum low developing below the current price level. Additionally, the AUDUSD has flagged a potential buying opportunity around the 0.6450 level. The EURUSD and GBPUSD (Cable) are also showing potential for bullish moves; however, their price structures are currently less defined than those of the above-mentioned pairs. Trade wisely and happy trading!
by Charts247TradingAcademy
USDJPY H4 | Bearish Drop Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at155.63, which is a pullback resistance and a 61.8% Fibonacci retracement. Our take profit will be at 153.73, an overlap support level. The stop loss will be at 156.84, a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
Bearish drop?USD/JPY is rising towards the resistance level which is an overlap resistance that is slightly above the 23.6% Fibonacci retracement and could reverse from this level to our take profit. Entry: 154.69 Why we like it: There is an overlap resistance level that is slightly above the 23.6% Fibonacci retracement. Stop loss: 155.23 Why we like it: There is an overlap resistance level that is slightly below the 50% Fibonacci retracement. Take profit: 153.90 Why we like it: There is an overlap support level. Enjoying your TradingView experience? Review us! 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
1
USDJPY Is Bearish! Sell! Take a look at our analysis for USDJPY. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 154.251. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 152.801 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
Forex Trade Planning: USD Dominance and Potential CorrectionToday's trade planning session highlighted the USD as the strongest currency on the daily Currency Strength Index (CSI), while the EUR emerged as the weakest. General CSI Overview: Buy pairs: USD, CHF, GBP, JPY, AUD Sell pairs: CAD, NZD, EUR In our H1 timeframe market analysis, we anticipate a deeper correction in existing trends. The wave structure for major pairs versus the USD has reached momentum high and momentum low 5. From this level, a correction of the trend is expected. It is important to note that significant effort and time are required for a trend reversal. Nevertheless, there has been a notable decline, breaking key structures in USDJPY, which could indicate a more substantial downturn for the USD and potentially lead to a larger secondary trend. Trade carefully and happy trading!
by Charts247TradingAcademy
USD/JPY: USD Faces Correction Ahead of Key Retail Sales DataThe Japanese Yen has strengthened as the US Dollar begins to correct downward in anticipation of upcoming Retail Sales data. Japan's GDP annualized growth for the third quarter was reported at 0.9%, a notable decline from the 2.2% growth seen in the second quarter. In response to currency market volatility, Japan’s Finance Minister Kato emphasized his commitment to taking necessary measures to counter excessive fluctuations in foreign exchange rates. From a technical analysis perspective, the current price indicates a rebound in an area where multiple supply zones converge, suggesting the potential for a pullback of the USD against the JPY. Retail traders continue to show a bullish stance towards the US Dollar, while other market participants appear uncertain or bearish in their outlook. Given the significant rally in the USD that followed the Trump election victory, we are observing for a possible correction. As these dynamics play out, attention to price patterns and broader economic indicators will be essential for traders navigating this market environment. ✅ Please share your thoughts about USD/JPY in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Short
by FOREXN1
2
USD/JPY Daily Chart AnalysisThe USD/JPY pair is currently moving within an upward channel, demonstrating a steady uptrend since the recent lows around 139.56. The pair has been respecting key Fibonacci retracement levels, which could act as areas of support and resistance. Key Levels to Watch: 0.236 Fibonacci Retracement (156.67): This level has served as a resistance zone, and a breakout above could pave the way for a test of the recent highs around 157.84. Support Zones: Immediate support is seen at the 0.382 retracement (153.40), with additional support at the 0.618 level (148.12). A break below the channel could see a retest of these supports. Indicators & Trends: Moving Averages: The 20-day and 50-day moving averages are acting as dynamic support levels, supporting the current bullish trend. Volume: There was a recent increase in volume as the pair rallied, suggesting strong buying interest. However, watch for any drop in volume, as it could signal weakening momentum. RSI (Relative Strength Index): The RSI is approaching overbought territory, so caution is advised as the pair nears resistance zones. Outlook: The pair may experience consolidation between the 153.40 support and 156.67 resistance levels in the short term. A breakout above 156.67 could lead to a potential test of 157.84 and beyond. Conversely, a breakdown below the support trendline may shift momentum towards the downside, targeting lower Fibonacci levels and potentially the key support near 143.88. Trading Plan: Bullish Bias: Wait for a confirmed breakout above 156.67, aiming for the 157.84 level. Bearish Bias : A confirmed break below the channel could signal a trend reversal, with initial targets near 150.75 and 148.12. Always consider using appropriate risk management.
Long
by AngshumanSaikia
GBPCAD RE TESTINGThe potential downtrend in the GBP/CAD currency pair may be influenced by several critical factors. The Bank of Canada's relatively hawkish monetary stance, supported by strong economic data, contrasts with the Bank of England's cautious approach due to slowing UK economic growth. Declining global oil prices could limit the downside for the Canadian dollar, as Canada is a major oil exporter. On the technical side, GBP/CAD has recently tested key support levels, and failure to hold these levels may signal further bearish momentum.
Short
by edl75
EURCAD GONE !The EUR/CAD currency pair has recently shown an upward trend driven by divergent monetary policies, with the European Central Bank maintaining a hawkish stance while the Bank of Canada adopts a more cautious approach, increasing euro demand. Declines in oil prices have weakened the Canadian dollar, given Canada's reliance on oil exports. Technical indicators reveal breaches of key resistance levels, signaling sustained bullish momentum. Traders should monitor economic data, oil price trends, and central bank communications closely to adjust their strategies accordingly.
Long
by edl75
USDCHF HEAD AND SHOULDERSThe USD/CHF currency pair has recently exhibited a downward trend, driven by several key factors. Macroeconomic uncertainties, including global economic slowdown and geopolitical tensions, have increased demand for safe-haven assets like the Swiss franc, putting downward pressure on the pair. Divergent monetary policies, with the Federal Reserve maintaining a hawkish stance while the Swiss National Bank adopts a more neutral approach, further contribute to the pair's decline. Technical indicators also suggest bearish momentum, with breaches of significant support levels and potential moves below key moving averages. Traders should closely monitor economic data and central bank communications to inform their strategies. + head and shoulders = going down
Short
by edl75
GBPUSD FREE FALLThe GBP/USD currency pair has recently exhibited a downward trend, driven by macroeconomic uncertainties such as geopolitical tensions and global growth concerns, leading investors to favor the U.S. dollar as a safe haven. Divergent monetary policies, with the Federal Reserve maintaining a hawkish stance and the Bank of England adopting a more cautious approach, have further pressured the pair. Technical indicators show breaches of key support levels like 1.2842, signaling a continuation of the bearish trend. Traders should closely monitor economic data and central bank communications to adapt their strategies.
Short
by edl75
NEW NASDAQ ROUTEThe potential drop in the NASDAQ in the coming days could be driven by several key factors. First, macroeconomic uncertainties, including geopolitical tensions or the persistence of high interest rates, could increase market volatility. Additionally, recent disappointing quarterly earnings from major tech companies, which are often heavily weighted in the index, add downward pressure. Lastly, technical signals such as the breach of critical support levels or a decline below the 50-day moving average could trigger accelerated sell-offs. Investors should closely monitor these indicators to assess risks and adjust their portfolios accordingly.
CAPITALCOM:US100Short
by edl75
USDJPY: Buy opportunity inside the 1H MA200 and 4H MA100.USDJPY is bullish on its 1D technical outlook (RSI = 58.138, MACD = 1.880, ADX = 50.518) which perfectly explains the Channel Up it's been trading in since October 8th. At the moment the price is on an aggressive bearish wave, which got accelerated today as it was rejected on the 1H MA50. The result is so far a direct hit on the 1H MA200 for the first time since Nov 10th. The last two HL were on the 4H MA100 however, so there is still some more room to fall but even on the current level the reward largely outweighs the risk. We are just over the 0.5 Fibonacci level afterall, which is where the November 5th low was formed. We're long, aiming for a +3.20% rise (TP = 158.500). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
1