Get started

USDJPY

USDJPY: Important Support & Resistance Levels 🇺🇸🇯🇵 Here is my latest structure analysis and important support and resistance levels to pay close attention to on USDJPY. Resistance 1: 146.50 - 147.35 area Resistance 2: 149.30 - 149.40 area Support 1: 141.64 - 142.20 area Support 2: 139.60 - 140.60 area From a current perspective, probabilities are high that the pair will continue growing, at least to Resistance 1. After its test, consider that for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
1
SMC - UsdJpy 15min update - levels etcReview of where we are looking and if the lows are out .. at least for now.. eyes are above and there are levels here to reach for. Still using the previous marked 1h and weekly levels and important areas of interest for framing the Price Action Happy Trading, -- Doc PS - leave a comment and let me know what you think will happen. Let me know if you see something different if you have more experience with this pair etc. What do you think of the areas of interest and how the price is moving around them etc.
Long
by docholliday
Japanese yen slides as political drama continuesThe yen is sharply lower on Wednesday. In the European session, the USD/JPY is trading at 144.82 at the time of writing, up 0.89%. In Japan, the dust is yet to settle on the political drama. On Tuesday, the new Prime Minister, Shigeru Ishiba, appointed Katsunobu Kato as finance minister. Kato is a supporter of “Abenomics” which advocates monetary easing. This could complicate the BoJ’s plans to tighten policy and the yen has responded with sharp losses today. Ishiba is on record for supporting a tighter policy but may have chosen Kato to ease concerns that Ishiba will make a significant shift in monetary policy with a snap election on October 27. The election will be followed by the next BoJ meeting on October 31, with the BoJ expected to maintain its policy settings. Manufacturing continues to sputter in both the US and Japan. The Japanese manufacturing PMI eased to a revised 49.7 in September, down from 49.8 in August and above the market estimate of 49.6. This was the third straight month of contraction in factory activity, with a strong decrease in export orders. Business confidence dropped to its lowest since December 2022, as manufacturers don’t see a light at the end of the tunnel for the troubled manufacturing sector. In the US, the ISM manufacturing PMI was unchanged in September at 47.2, below the market estimate of 47.5. The contraction in manufacturing has extended for six straight months. New orders decreased in September, demand remains weak and manufacturers face uncertainty over the Federal Reserve’s monetary policy and the upcoming US election. USD/JPY has pushed above resistance at 143.69 and 144.41. Above, there is resistance at 145.25 There is support at 142.85 and 142.13
by OANDA
Levels discussed 2nd October2nd October DXY: Consolidating, could retrace to 101.10 (23.6%), looking to break above 101.40 and trade up to 101.80 (stay above 100.90 to maintain bullish) NZDUSD: Sell 0.6265 SL 20 TP 55 AUDUSD: Sell 0.6860 SL 20 TP 40 (forming H&S pattern) GBPUSD: Sell 1.3240 SL 30 TP 80 EURUSD: Sell 1.1045 SL 20 TP 40 USDJPY: Could continue ranging, Buy 144.80 SL 40 TP 120 USDCHF: Sell 0.8470 SL 15 TP 55 USDCAD: Buy 1.3475 SL 20 TP 60 Gold: Could trade up to 2665, could be held briefly along bearish trendline.
TVC:DXY
by JinDao_Tai
Market Analysis: USD/JPY Eyes Fresh IncreaseMarket Analysis: USD/JPY Eyes Fresh Increase USD/JPY is rising and might gain pace above the 144.65 resistance. Important Takeaways for USD/JPY Analysis Today - USD/JPY climbed higher above the 142.50 and 143.40 levels. - There is a connecting bullish trend line forming with support at 143.45 on the hourly chart at FXOpen. USD/JPY Technical Analysis On the hourly chart of USD/JPY at FXOpen, the pair started a fresh upward move from the 141.65 zone. The US Dollar gained bullish momentum above 142.80 against the Japanese Yen. It even cleared the 50-hour simple moving average and 143.00. The bulls pushed the pair above the 143.50 and it tested the 50% Fib retracement level of the downward move from the 146.49 swing high to the 141.65 low. The current price action above the 143.20 level is positive. Immediate resistance on the USD/JPY chart is near 144.65 and the 61.8% Fib retracement level of the downward move from the 146.49 swing high to the 141.65 low. The first major resistance is near 145.20. If there is a close above the 145.20 level and the RSI moves above 60, the pair could rise toward 146.50. The next major resistance is near 148.00, above which the pair could test 150.00 in the coming days. On the downside, the first major support is near a connecting bullish trend line with support at 143.45 and the 50-hour simple moving average, below which the bears could gain strength. The next major support is visible near the 141.65 level. If there is a close below 141.65, the pair could decline steadily. In the stated case, the pair might drop toward the 140.00 support zone. The next stop for the bears may perhaps be near the 138.00 region. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
Sell USD/JPY Channel BreakoutThe USD/JPY pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 143.77, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 142.13 2nd Support – 141.26 Stop-Loss: To manage risk, place a stop-loss order above 144.60. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_TA_TRADING
11
USD/JPY Short Setup: 30-Minute ChartI'm looking at a potential short position on USD/JPY based on the current price action and market structure. Entry on Retracement: 143.750 after the recent breakdown of the ascending trendline. Stop Loss (SL): 144.000 (25 pips). Take Profit (TP): I'm targeting multiple TPs along the way for scaling out of the position: TP 1: 143.500 (+18.9 pips) – A conservative first target to lock in some early profits. TP 2: 143.200 (+48.9 pips) – Close to the previous support, scaling out of a portion of the trade. TP 3: 142.800 (+88.9 pips) – A key support level based on historical price action. TP 4: 142.300 (+138.9 pips) – Next significant support zone. TP 5: 141.800 (+188.9 pips) – Final target at a major psychological level. The idea here is to capture the downward move following a potential retracement into resistance near 143.750, which aligns with previous structure. The overall bearish sentiment could drive prices lower toward the major target areas.
Short
by PipShiesty
1
USD/JPY Analysis Update 01.10.2024USD/JPY Analysis Update: The market has moved slightly higher than expected, and currently, a bearish divergence appears to be forming on the 1H chart, indicating a potential pullback soon. We expect a support/resistance flip in the highlighted area on the chart, which served as resistance and now should act as support. This zone will be the entry level, with yesterday’s low as the invalidation point. The target remains unchanged from the previous analysis. Additionally, the diagonal trendline supporting the uptrend from yesterday’s low has been broken, which further strengthens the case for a potential pullback from the current levels. If the price holds above this level, we could see continuation; otherwise, a deeper correction might follow. ⚠️ Disclaimer: ⚠️ 🚫 This is not financial advice. Trade responsibly and conduct your own research before making any decisions.🚫
by RhinoAkaBear
USDJPY Short - A Bearish Setup in the Making?As we dive into the USDJPY chart, I'm seeing several key technical signals that suggest a potential move to the downside. Let’s break it down step by step: Weekly Timeframe: A Crucial Swing High First, we zoom out to the weekly chart, where we can observe that USDJPY is currently within a strong swing that recently broke a prior high. This is a crucial moment, as we often see a retest of the upper range of such a swing before the market decides its next move. Will it push higher, or are we preparing for a pullback? I’m leaning towards the latter. Daily Timeframe: Triple Failures at the High Dropping down to the daily, the story unfolds further. We’ve seen two previous attempts to break the current daily swing high, only for the market to flush down on this third attempt. This is my first major bearish signal, as failure to maintain momentum often precedes a reversal. 4-Hour Timeframe: No Support in the Pump On the 4-hour chart, things get even more interesting. I’m not seeing the kind of ladder formation that typically supports sustained pushes to the upside. Instead, the price action looks choppy, lacking the structure that would indicate buyers are in full control. This adds weight to the bearish case. Weak Stop-Loss Hunt: A Lackluster Liquidity Grab One more point to consider is the recent liquidity grab (or stop-loss hunt) on the 4-hour chart. While these wicks usually indicate a shakeout of weak hands, this one feels weak, more like a failed attempt to trap traders in the wrong direction. In my experience, when the liquidity grab doesn’t pack a punch, it often signals the market's lack of commitment to push higher. Timing is Key: The Tuesday Top Pattern Lastly, an interesting observation – USDJPY has a tendency to form local tops on Tuesdays, a pattern I’ve noticed over time. While this isn't a concrete rule, it’s an intriguing confirmation of the broader bearish setup we’re seeing here. Fundamental Analysis: Why the USDJPY Could Dump Fundamentally, USDJPY could be under pressure due to the divergence in monetary policy between the US and Japan. The Bank of Japan (BoJ) remains ultra-dovish, but there are growing signs of internal pressure to shift toward more normalization in policy, particularly with inflation running higher than expected. Meanwhile, the Federal Reserve has signaled that it may pause or slow its rate hikes as US economic growth moderates. This narrowing of the policy gap could weaken the dollar against the yen, especially if we start seeing signs of a BoJ shift or weaker-than-expected US data in upcoming releases. Furthermore, concerns over global growth and risk sentiment could lead to a stronger yen as a safe-haven asset. If the stock market falters, capital tends to flow back into the yen, exacerbating the potential for a USDJPY decline. Conclusion: Eyeing the Lower Range All things considered, USDJPY looks poised for a move lower. A retest of the lower range of the current daily swing seems likely before any potential attempt to push back to the upside. Understanding swing highs and lows and their respective ranges is a key tool in this analysis. Let’s see how the price action plays out in the coming sessions.
Short
by Entropie2020
USD/JPY H1 | Potential bearish breakoutUSD/JPY has reacted off an overlap resistance and broken below the lower trendline of the bullish channel; price could potentially drop lower from here. Sell entry is at 144.06 (sell at market). Stop loss is at 144.80 which is a level that sits above the 61.8% Fibonacci retracement level and an overlap resistance. Take profit is at 142.88 which is an overlap support that aligns close to the 61.8% Fibonacci retracement 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. 62% 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 (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% 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
USD/JPY "GOPHER" Bank Money Heist Plan on Bullish Side.Hallo! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist USD/JPY "GOPHER" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss 🛑 : Recent Swing Low using 2H timeframe Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
Long
by Thief_Trader
Could price reverse from here?USD/JPY is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support which acts as a pullback support. Pivot: 144.49 1st Support: 142.17 1st Resistance: 146.45 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. 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, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
USDJPY / END OF SEPTEMBER AND INTO EARLY OCTOBER - 4HUSDJPY / 4H TIME FRAME HELLO TRADERS Current Trend: Prices dropped by 2.55% yesterday, approaching a key support level at 142.231 , If prices break and stabilize below 142.231, further declines are expected , Currently, prices are trading slightly above 142.232, and stabilizing above this level suggests potential increases of 3.50% and 5.00% , The analysis anticipates a possible upward trend towards the end of September and into early October. Technical Analysis: Current Market Condition: The asset is under bullish pressure , As long as the price remains above 142.231, the bullish momentum is expected to continue. Upward Condition: - Target 1: If the price trades above 142.231, it's expected to rise to 147.179. - Target 2: If the price stabilizes above 147.179, the next target is 149.345. Downward Condition: - If the price falls below 142.231 , it suggests a potential decline: - Target 1: A decline to 139.713. - Target 2: If it breaks below 139.713, further decline is expected to 137.306.
Long
by ArinaKarayi
Japanese yen soars on Japan’s political dramaThe Japanese yen has steadied on Monday after posting huge gains on Friday. USD/JPY is trading at 142.43 in the European session, up 0.15%. The yen soared on Friday but it was in response to political rather than economic developments. The ruling Liberal Democratic Party (LDP) unexpectedly chose Shigeru Ishiba as its new leader and he will take over as Prime Minister on Tuesday. Ishiba’s win was a surprise as Economic Minister Sanae Takaichi was expected to win the LDP leadership race. The financial markets reacted sharply – the Japanese yen soared 2.1% on Friday while the Japanese stock market is sharply lower today. Takaichi is a strong supporter of lower interest rates while Ishiba favors the Bank of Japan’s moves towards normalization. Ishiba said today that he will call a snap election on October 27, which he is almost certain to win. Ishiba’s election would be a green light for the BoJ to continue tightening policy which would make the yen more attractive to investors. Overshadowed by the political drama was Monday’s Japanese data, which was a mix. Industrial production slid 3.3% m/m in August, after a 3.1% gain in July and well short of the market estimate of -0.9%. Yearly, industrial production declined 4.9%, compared to a 2.9% gain in July. There was better news from retail sales, which rose 0.8% m/m in August, up from 0.2% in July and a three-month high. Yearly, retail sales climbed 2.8%, up from a revised 2.7% in July and above the market consensus of 2.3%. Inflation remains under control and this was reiterated on Friday by the US Core PCE Price Index, the Fed’s preferred inflation indicator. The index rose 0.1% m/m in August, a three-month low. This was down from 0.2% in July and below the market estimate of 0.2%. Yearly, Core PCE ticked up to 2.7%, after three consecutive months at 2.6% and in line with expectations. USD/JPY tested resistance at 142.86 earlier. Above, there is resistance at 143.19 There is support at 142.26 and 141.93
by OANDA