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USDJPY

USDJPY - Will the weakness of the yen stop?!The USDJPY pairing in the 4 -hour timeframe is between EMA200 and EMA50 and is moving in its mid -term uptrend. If corrected by publishing economic data this week, we can see the downward trend and then the restricted demand zone, and in that area with the right risk. The valid defeat of the specified resistance range will pave the way for the pair up to 160. Tatsu Yamasaki, a former Japanese official, stated in an interview with Nikkei that collaboration between Trump and Tokyo could help normalize the dollar-yen exchange rate. He suggested that Trump should work with Tokyo to weaken the overly strong dollar. Such cooperation could strengthen economic relations between the two nations and bring greater stability to financial markets. Meanwhile, robust U.S. labor market data for December has led many analysts to conclude that the Federal Reserve is unlikely to cut interest rates further at this time. Some even predict that the report could pave the way for the Fed to raise interest rates in 2025. An economist at Bank of America wrote in a note, “Our baseline forecast is that the Federal Reserve will keep rates steady for an extended period. However, the risk of a rate hike is growing.” According to the economist, factors such as core inflation growth or rising inflation expectations could trigger a rate hike.Concerns also revolve around Trump’s policies, including tax cuts and tariffs, which may contribute to higher inflation. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), remarked that the Federal Reserve might delay rate cuts due to stable labor markets and inflation nearing target levels. She also predicted that global economic growth will remain steady as inflation gradually declines in 2025. Georgieva highlighted uncertainties surrounding trade policies under the new U.S. administration, emphasizing their potential impact on the global economy. Additionally, she expects global interest rates to remain relatively high for an extended period. Kazuo Ueda, the Governor of the Bank of Japan, stated that interest rates will be raised if economic improvements and price growth continue. He noted that the final decision on this matter will be made next week. Ueda’s remarks contributed to strengthening the yen in financial markets. Himino, Deputy Governor of the Bank of Japan, indicated that if economic projections materialize, monetary easing policies will be adjusted and interest rates increased. He stressed the need for continuous monitoring of U.S. economic policies under the new administration. Domestically, one of the critical issues remains the outlook for wage growth in the fiscal year 2025. Himino acknowledged various risks, both domestic and international, while noting that the U.S. economy is expected to remain strong. Masato Kanda, a former currency official for Japan, continues to comment on the yen. Speaking in Tokyo, he emphasized that currency markets should move based on fundamental principles, and any sudden deviations from these fundamentals require correction. Separately, Nippon Steel announced that it is the sole partner capable of fully preserving U.S. Steel, keeping its blast furnaces operational, and maintaining jobs in the industry. The company stated that its commitments have been shared in multiple meetings with various stakeholders, including employees. Meanwhile, Lourenco Goncalves, CEO of Cleveland-Cliffs, has been accused of unfair biases, as he cannot match the scope and scale of Nippon Steel’s proposal. Nippon Steel emphasized its determination to take whatever measures are necessary to finalize the deal.
Short
by Ali_PSND
Fundamental Market Analysis for January 15, 2025 USDJPYThe Japanese Yen (JPY) is struggling to gain significant strength and is languishing near multi-month lows against its US counterpart amid doubts over the Bank of Japan's (BoJ) rate hike plans. Signs of intensifying inflationary pressures in Japan leave the door open for a BoJ rate hike in January or March. In addition, BoJ Deputy Governor Ryozo Himino signaled on Tuesday that a rate hike remains a real possibility at the upcoming meeting. However, there was no direct indication in Himino's comments about the possibility of a rate hike in January. Moreover, some investors believe that the BOJ may wait until the spring talks before pulling the trigger. Meanwhile, the Federal Reserve's (Fed) hawkishness in December was a key factor behind the recent rise in U.S. Treasury yields. This has widened the yield differential between the US and Japan, which in turn is seen as another factor undermining the low-yielding Japanese yen. In addition, risk-on sentiment is deterring traders from placing bullish bets on the safe-haven yen. At the same time, weak US Dollar (USD) price action acts as a headwind for the USD/JPY pair ahead of the release of the latest US consumer inflation data. The crucial Consumer Price Index (CPI) report may influence the Fed's policy course and stimulate demand for the USD. Trading recommendation: Trade mainly with Sell orders from the current price level.
Short
by Fresh-Forexcast2004
USDJPY POSSIBLE TRADE SETUPPotential Trade Setup on USDJPY The price broke out of a strong intraday resistance zone, although the Trend remains bullish and the set Trendline keeps the price on the higher part of the market. The price is developing, and I am waiting for a retest of the previously broken resistance and used as support before I look for a LONG trade. A BUY opportunity is at the top above the weekly Low at 1.04480. You may find more details in the chart! Thank you and Trade Responsibly! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Long
by Adefxc
USD/JPY not participating in the USD pullbackDXY has put in a noticeable pullback so far to start the week, and that move stands out with the retracement in EUR/USD and the bounce so far in GBP/USD. Notably, however, the USD isn't weak everywhere, as USD/JPY has held support at prior resistance, so far. This similarly directs attention to tomorrow's CPI print but I think what's important in USD/JPY is the 160 level, which only traded briefly last year before the July 11th reversal. That reversal came from a combination of both weak US CPI and a BoJ intervention that sent the carry trade spiraling lower. More recently, with 10-year US Treasury yields perking up, there's been motive for carry trades to continue and this is one possible reason for the divergence between USD/JPY and DXY, so far this week. For now, USD/JPY price action remains bullish as we've seen a hold of higher-low support at prior resistance. But if bears can take that zone out, from the 76.4 to 78.6 Fibonacci retracements of the July-September pullback, that view can change quickly. - js
by FOREXcom
USDJPY consolidating before the next leg up.USDJPY is trading inside a Channel Up since September 16th and in the past 4 weeks has been ranging. This consolidation was also seen on the previous Channel Up pattern of 2024, halfway through the pattern. The 1day RSI patterns among the two are identical, which means that this is a strong buy opportunity. Buy and aim for Resistance A at 162.000 as a short term, low risk target. Previous chart: Follow us, like the idea and leave a comment below!!
Long
by TheCryptagon
BOJ to discuss rate hike, yen dips lowerThe yen remains calm and is lower on Tuesday. In the North American session, USD/JPY is trading at 157.98, up 0.34% on the day. There are no tier-1 events out of Japan this week and the yen is having a relatively quiet week. That could change with the release of US inflation on Wednesday. Headline CPI is expected to rise to 2.9% y/y in December from 2.7% in November, while core CPI is expected to remain at 3.3% y/y for a third straight month. Inflation reports have had significant impact on rate expectations but the December inflation rate might not be all that significant, as expectations of a rate cut have fallen in recent weeks. Since the December meeting, the Fed has tried to dampen rate-cut expectations and the market is not expecting a rate cut in the first quarter of 2025. The money markets have currently priced in a quarter-point cut at the Jan. 29 meeting at below 3%  and at the March meeting at around 20%. With inflation largely under control and a solid labor market, there is little reason for the Fed to cut rates in the near term. The Bank of Japan tends not to telegraph its rate plans, leaving investors in the dark and on the hunt for clues about the central bank's rate plans. The uncertainty adds to the drama ahead of BoJ meetings and means that each meeting should be treated as a market-mover. BoJ's Deputy Governor Ryozo Himino said on Tuesday that the BoJ would discuss a rate hike at the Jan. 24 meeting. Himino didn't say what decision he expected the BoJ to make but reiterated Governor's Ueda recent comments that wage growth was solid and that there was a lot of uncertainty surrounding Donald Trump's trade policies. USD/JPY tested resistance at 158.13 earlier. Above, there is resistance at 158.49 There is support at 157.78 and 157.42
by OANDA
BOJ to discuss rate hike, yen dips lowerThe yen remains calm and is lower on Tuesday. In the North American session, USD/JPY is trading at 157.98, up 0.34% on the day. There are no tier-1 events out of Japan this week and the yen is having a relatively quiet week. That could change with the release of US inflation on Wednesday. Headline CPI is expected to rise to 2.9% y/y in December from 2.7% in November, while core CPI is expected to remain at 3.3% y/y for a third straight month. Inflation reports have had significant impact on rate expectations but the December inflation rate might not be all that significant, as expectations of a rate cut have fallen in recent weeks. Since the December meeting, the Fed has tried to dampen rate-cut expectations and the market is not expecting a rate cut in the first quarter of 2025. The money markets have currently priced in a quarter-point cut at the Jan. 29 meeting at below 3%  and at the March meeting at around 20%. With inflation largely under control and a solid labor market, there is little reason for the Fed to cut rates in the near term. The Bank of Japan tends not to telegraph its rate plans, leaving investors in the dark and on the hunt for clues about the central bank's rate plans. The uncertainty adds to the drama ahead of BoJ meetings and means that each meeting should be treated as a market-mover. BoJ's Deputy Governor Ryozo Himino said on Tuesday that the BoJ would discuss a rate hike at the Jan. 24 meeting. Himino didn't say what decision he expected the BoJ to make but reiterated Governor's Ueda recent comments that wage growth was solid and that there was a lot of uncertainty surrounding Donald Trump's trade policies. USD/JPY tested resistance at 158.13 earlier. Above, there is resistance at 158.49 There is support at 157.78 and 157.42
by yesfish
XAU/USD : Reasons for Falling! (READ THE CAPTION)In the 4-hour timeframe, we can see that after reaching $2697 and hitting all targets last Friday, gold eventually closed around the $2690 zone. Today, gold showed a bearish sentiment, dropping by over 300 pips and correcting to as low as $2664. Currently, gold is trading around $2670, and if it stabilizes below this level within the next 4 hours, further declines can be expected. Potential bearish targets are $2663, $2658.8, and $2652.5, respectively. This analysis will be updated soon, so stay tuned for a trading setup in the lower timeframes! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
OANDA:XAUUSDShort
by ArmanShabanTrading
25
EURUSD: Pullback before the crash!The EUR/USD continues its downward trend, recently touching a new cycle low around 1.0176 as the US Dollar maintains its relentless rally, fueled by rising expectations that the Federal Reserve will keep interest rates elevated for an extended period. The Greenback’s strength has been amplified by a fifth consecutive bullish session, with the DXY surpassing the critical 110.00 level. Investors have sharply revised their outlook on Fed policy, reducing the probability of significant rate cuts in the near term. This shift in sentiment follows a robust Nonfarm Payrolls report and hawkish remarks from Fed officials, emphasizing the priority of taming inflation before contemplating further easing. On the policy front, while the Fed recently trimmed its benchmark rate to 4.25%-4.50%, Chair Powell’s cautious tone during the final press conference of 2024 left markets in little doubt that any future rate cuts will be gradual. Powell underscored the need to anchor inflation closer to the 2% target and pointed out that despite some softening, the labor market remains resilient. This narrative has bolstered USD demand and widened the divergence with the European Central Bank’s stance. In contrast, the ECB faces mounting pressure to sustain its easing cycle amid a deteriorating economic outlook across the eurozone, particularly in Germany, where industrial performance has been lackluster. Despite a marginal rise in inflation figures for December, ECB policymakers seem committed to prioritizing growth over inflation control in the short term. This divergence in central bank policies has created a headwind for the euro, further weakening EUR/USD and increasing the likelihood of a test of parity. Adding to the complexity, potential trade policy shifts under the incoming US administration could inject additional volatility. Proposals for renewed tariffs could stoke inflationary pressures in the US, compelling the Fed to adopt a more aggressive tightening stance. Such a scenario would exacerbate the euro’s struggles, as a stronger USD and continued ECB easing would widen the interest rate differential between the two economies. Looking ahead, the focus will remain on key data releases, including US CPI and Retail Sales, alongside eurozone Industrial Production and German inflation data. These reports will offer crucial insights into the respective economic trajectories and may set the tone for future price action. However, in the current context, the EUR/USD appears poised to remain under pressure as the fundamental backdrop heavily favors the Greenback. Until there is a significant shift in economic or policy expectations, the pair may continue its march towards parity.
Short
by Forex48_TradingAcademy
1
USD/JPY H4 | Bullish uptrend to extend?USD/JPY is falling towards a swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 156.60 which is a swing-low support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 155.80 which is a level that lies underneath a multi-swing-low support. Take profit is at 158.54 which is a pullback resistance. 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 (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.
Long
by FXCM
1
Levels discussed during livestream 10th Jan 202510th January 2025 (Pre NFP) DXY: Consolidating below 109.40 strong nfp: break 109.40 trade up to 110 weak nfp; needs to break 108.80, to trade down to bottom of channel at 108.40 NZDUSD: Sell 0.5570 SL 30 TP 60 (DXY strength) AUDUSD: Look for reaction at 0.62 support area, Sell 0.6255 SL 20 TP 50 (rejection of trendline) GBPUSD: Sell 1.2250 SL 30 TP 60 (DXY strength) EURUSD: Sell 1.0270 SL 25 TP 60 (DXY strength) USDJPY: Sell 157.80 SL 30 TP 120 (DXY weakness MASSIVE Counter Trend) EURJPY: Do Nothing GBPJPY: Buy 195.50 SL 60 TP 250 USDCHF: Buy 0.91430 SL 30 TP 60 USDCAD: Buy 1.4390 SL 20 TP 70 XAUUSD: Continuation higher, break above 2678 to trade up to 2690
TVC:DXY
by JinDao_Tai
USD/JPY (UJ) Analysis (Daily Timeframe)The USD/JPY pair has been following a clear market cycle, transitioning from distribution to markdown , followed by accumulation , and now entering a bullish markup phase , showcasing strong bullish momentum. Key Observations: Market Phases: Distribution Phase: The bullish move ended near the 162 level , where sellers gained control, initiating a markdown. Accumulation Phase: After a significant markdown, UJ found a base around the 140 level, forming an accumulation phase with demand coming back into the market. Current Phase: The pair has now broken out of accumulation and is in a bullish move, with a well-defined structure of higher highs and higher lows. EMA Surfing and Momentum: The price is currently surfing upward along the EMAs , showing strong trend-following behavior with EMAs acting as dynamic support. The tightening of the EMAs during the accumulation phase has now expanded , supporting the continuation of the bullish move. Scenarios to Watch: Continuation to Targets: USD/JPY could continue its bullish momentum toward the short-term target near 159 and potentially the medium-term target around 162. This aligns with the ongoing strength in the USD and the current bullish structure . Pullback for Reaccumulation: A potential retracement could act as a reaccumulation phase, gathering liquidity before resuming the uptrend.
Long
by TraderOuss_LumaNex
Weekly FOREX Forecast Jan 13, 2025This is an outlook for the week of Jan 13-17th. In this video, we will analyze the following FX markets: USD Index EURUSD GBPUSD AUDUSD NZDUSD CAD, USDCAD CHF, USDCHF JPY, USDJPY The USD is still strong, so no reason to sell in the near term. With price at Monthly and Weekly Supply levels, we have to proceed with caution in the near term. The bias is still bullish until the market gives us a HTF bearish break of structure. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
by RT_Money
USDJPY: Bullish Recovery After Sharp Correction – Short-Term Buy📈 Trade Details: Entry: Current price 157.823 🎯 Take Profit 1: 158.000 🎯 Take Profit 2: 158.275 🎯 Take Profit 3: 158.500 🛡 Stop Loss: 157.500 💡 Analysis: Earlier today, USDJPY experienced a sharp correction after hitting intraday highs. However, the U.S. dollar remains resilient, supported by strong economic data and market sentiment favoring risk-off assets. The correction appears to be a retracement within a larger bullish trend, presenting a buy opportunity as the pair looks poised to recover toward key resistance levels. A break above 158.000 could open the door for further upward movement, targeting 158.275 and 158.500 in the short term. 🚨 Risk Management: Tight stop-loss placement at 157.500 to protect against unexpected reversals. Adjust take-profit levels based on price action and volatility. Let’s aim for profits and disciplined trading today! 💹
Long
by ValchevFinance
3
Bearish drop?USD/JPY has reacted off the resistance level which is a pullback resistance that aligns with the 38.2% Fibonacci retracement and could drop from this level to our take profit. Entry: 157.90 Why we likeit: There is a pullback resistance level that lines up with the 38.23% Fibonacci retracement. Stop loss: 158.19 Why we like it: There is a pullback resistance level that is slightly below the 61.8% Fibonacci retracement. Take profit: 157.34 Why we like it: There is a pullback 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