EUR: The Backbone of European Economic IntegrationThe Euro (EUR) stands as a symbol of unity and collaboration within the European Union (EU), serving as the common currency for member states in the Eurozone. Since its introduction in 1999, the Euro has played a pivotal role in fostering economic integration, stability, and growth across the region.
At its core, the Euro represents a shared commitment to cooperation and solidarity among EU nations. By adopting a common currency, countries within the Eurozone have eliminated exchange rate uncertainties and transaction costs, facilitating seamless trade and commerce.
Moreover, the Euro serves as a symbol of Europe's resilience and determination to overcome historical divisions and forge a common destiny. Its stability and credibility have bolstered confidence in European markets, attracting investment and promoting economic stability amidst global challenges.
Despite occasional economic turbulence and sovereign debt crises, the Euro has proven resilient, supported by the European Central Bank's (ECB) commitment to maintaining price stability and financial integrity. Initiatives such as the Economic and Monetary Union (EMU) further strengthen the Euro's foundation, ensuring its sustainability and longevity.
In addition to its economic significance, the Euro plays a pivotal role in shaping global financial markets. As one of the world's leading reserve currencies, the Euro influences international trade, investment, and monetary policies, enhancing Europe's influence on the global stage.
Looking ahead, the Euro continues to evolve, adapting to new economic realities and geopolitical dynamics. Its role as a symbol of European unity and stability remains steadfast, guiding the continent towards a future of prosperity, resilience, and cooperation in an increasingly interconnected world.
Usdjpyanalysis
#USDJPY: Possible 600 Pips Bullish Move Expected | It is on DXY|Happy weekends Everyone!
FX:USDJPY it had created higher and then dropped to fill the order blocks, now price is at very critical area, if DXY remain bullish next week we can see a nice and clean 600 bullish move. For JPY, it is already bearish and will likely to remain bearish next week as the current economic conditions are not stable. Currently, what we expecting , watch for price to come down to our area then we advise you to take buy entry with 70-100 pips max and set tp at 147-149-151 as followed.
Good luck and trade safe, remember to trade safe and use strict risk management.
USDJPY: First Entry dropped 400 pips, Focusing on ReentryDear Traders,
OANDA:USDJPY first entry dropped successfully 400 pips, now there is possibility of price filling up the liquidity and dropping from that region. Bullish price will likely to push the price up to our area of entry where price will fall strongly. Use accurate stop loss and take profit as described in our chart, if you have any doubt or finding it hard to understand something, please leave a comment.
good luck and trade safe as always
USDJPY I FOMC analysis and forecast Welcome back! Let me know your thoughts in the comments!
** USDJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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USD/JPY analysis (read caption)USD/JPY pair, we might notice a potential resistance level forming around 149.185. A break above this level could indicate bullish momentum, with the next significant resistance possibly around 149.500. However, if the market fails to break above 149.185, we might see a reversion to the downside, possibly targeting support levels such as 148.127.
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USDJPY → Day Analysis | BUY SetupHello Traders, here is the full analysis.
Price reversal going up, levels for BUY . USDJPY long
! Great BUY opportunity USDJPY
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💡 USDJPY: Forecast March 19USDJPY fluctuated insignificantly in the past session, still slowing down before the resistance area of 149.5. This may change today with the BoJ's new policy decision. You should patiently stay outside and observe, in case new notable bearish signals appear, especially on the daily frame. You may consider selling. This selling strategy only changes when the price breaks the 151 resistance and creates a higher peak.
USD/JPY H4 | Rising to 61.8% pullback supportUSD/JPY is rising towards a pullback support and could potentially bounce off this level to fall lower.
Buy entry is at 149.180 which is a pullback support that aligns with the 61.8% Fibonacci retracement level.
Stop loss is at 149.915 which is a level that aligns with the 78.6% Fibonacci retracement level.
Take profit 1 is at 148.148 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level. Risk/Reward Ratio: 1 : 1.40
Take profit 2 is at 147.510 which is a pullback resistance that aligns close to the 23.6% Fibonacci retracement level. Risk/Reward Ratio: 1 : 2.27
Total risk 1.28%
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USDJPY: USD/JPY stabilizes, market focuses on BOJ interest rate The Japanese yen changed into mildly risky on Monday after a risky week amid hypothesis approximately an cease to the BOJ`s yield curve manage and terrible hobby quotes policies. The BOJ started a two-day assembly on Monday, with a choice to be introduced on Tuesday.
The USD/JPY change fee has fallen to 146 in line with dollar, specifically after reviews that Japanese hard work unions have performed big salary will increase this year. Recent facts additionally suggests that inflation stays stable, with each elements giving the BOJ sufficient self belief to cease its ultra-dovish policies.
However, analysts stay divided on whether or not the financial institution will increase hobby quotes in March or April, with the overall consensus barely leaning in the direction of an April move. BOJ predicted to elevate hobby quotes through 20% foundation factor to 0.1% from terrible 0.1%.
While any fee hike bodes properly for the yen, hypothesis over the timing of a fee hike has visible USD/JPY mark risky actions in latest weeks. The fee hovered round 149 on Monday.
USDJPY I BOJ will possibly end negative interest ratesWelcome back! Let me know your thoughts in the comments!
** USDJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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USDJPY bearish move will start**Monthly Chart**
USDJPY broke the high of August 1998 and moved higher in Oct 2022 which created a new swing high at around 150 level before drifting lower. This created a new strong level since then and the price was unable to break above it. Additionally, the price created a new MC in Nov 2023 and the price moved towards it and currently testing it.
**Weekly Chart**
This week I like to see USDJPY break the high one more time or at least test the high at around 149.50 level and provide a reversal indication to see it for around 800 pips Target. The move is going to be aggressive after BOJ news on Tuesday 19th March. This is the same for all JPY pairs.
**Daily Chart**
Last week we had a good buying opportunity after the close of the key daily reversal (Ring Low formation) then the price continued higher. This week, I will be looking to sell this pair only and other JPY pairs after BOJ news on Tuesday if the market provides it. My two scenarios are shown in the chart.
USDJPY HIGHER CONTEXT UPDATESIts been a while since I dont post this pair, Now looking good for its momentum. Well see how things works, previous price surge could be just a liquidity.
The idea is to make equal highs again. This idea is Buy only.
Trade at your own risk. This is not a financial advice either.
Follow for more higher context.
Patience is a Virtue, higher timeframe is Good thing bias on your scalping or Swing.
Trade with wisdom. follow your rules.
USDJPY is Ready to GO UP by Symmetrical Triangle Pattern🚀🏃♂️ USDJPY is moving near the 🟡 Potential Reversal Zone(PRZ)(147.520 JPY-147.318 JPY) 🟡.
✅It also seems that USDJPY has succeeded in forming a Symmetrical Triangle Pattern .
📚 What is a Symmetrical Triangle❗️❓
🔸 The symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows. When these points are connected, the lines converge as they are extended and the symmetrical triangle takes shape.
🔔I expect USDJPY to rise to at least the 🔴 Resistance zone(148.930 JPY-148.520 JPY) 🔴 after breaking the upper line of the triangle .
U.S.Dollar/Japanese Yen Analyze ( USDJPY ), 1-hour time frame⏰.
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USDJPY : Short Trade , 4hHello traders, we want to check the USDJPY chart. After breaking the uptrend line, the price is moving in a descending channel and has pulled back to the key level indicated. We expect this level to play the role of a resistance level and the price will fall to around 146,400. Good luck.
USDJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDJPY
In the 4-hour timeframe, USD/JPY is displaying a bearish bias, evident by a breakout from consolidations on the downside. Traders might seek to enter selling positions after a correction, typically ranging from 61% to 78%, has been completed, anticipating further downward movement. Monitoring for confirmation of the correction's end could help in timing entry points more effectively amidst the prevailing bearish sentiment.
USDJPY: Asian foreign exchange was little changed, the dollar neMost Asian currencies were range-bound on Monday, while the dollar fell near a two-month low as markets awaited key US inflation data for further reading. signals about when the Federal Reserve will cut interest rates.
Regional currencies are surging from last week after dovish signals from Fed Chairman Jerome Powell and labor data reinforced expectations that the central bank will begin cutting interest rates soon. after June.
This notion weighed on the dollar, dragging the greenback to a nearly two-month low.
Japanese yen is nearly 1 month high as expectations of BOJ's pivot increase
The Japanese yen is one of the currencies that has benefited the most from the dollar's decline, rising sharply in the past two sessions to its highest level in more than a month.
The yen traded around 147 per dollar on Monday and was also supported by growing confidence that the Bank of Japan is close to ending its policy of negative interest rates and yield curve control this week. next.
The upwardly revised GDP data shows that the Japanese economy is avoiding a technical recession in the fourth quarter. The strength of the economy gives the BOJ more room to tighten policy sooner.
The BOJ is expected to hold a meeting next week, with a Reuters report saying that policymakers are considering changing interest rates in March or late April.
Other Asian currencies moved in flat to low ranges. The Australian dollar fell 0.2% as expectations that the Reserve Bank would gradually increase interest rates weighed on the currency.
Signs of cooling economic growth also raise expectations that the RBA will cut interest rates this year.