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Usdjpyanalysis

USDJPY Long: NFP ON TAP!!! NFP is expected to come in at about 169k. We will watch the actual news results before deciding whether to continue the trade. If the news comes in better than expected, we expect the US dollar to become stronger against the Yen. If NFP comes in lower than expected, we will be looking to other major pairs for trading setups. We can see price is moving in a bullish direction, which is supported by the short-term trendline breakout and a change in market structure from bearish to bullish.
Long
by NDOBObanks
USDJPY - BoJ Interest Rate Decision?!Here is our in-depth view and update on USDJPY . Potential opportunities and what to look out for. This is a long-term overview on the pair sharing possible entries and important Key Levels. Alright first, let’s take a step back and take a look at USDJPY from a bigger perspective. For this we will be looking at the H4 time-frame . USDJPY is currently trading at around 155.800 . Our scenarios are in play after the BoJ (Bank of Japan) Interest Rate Decision is out. Let’s take another look at them with more in-depth outcomes. These scenarios are written from just a TA (Technical Analysis) point of view. Scenario 1: BUYS -We broke above 156.700 . With the break of 156.700 we can expect a possible move up to 158.748. With a a further break of this KL (Key Level) we can expect more upside on the pair potentially reaching top of the long-term range sitting at 161.820. Scenario 2: SELLS -We broke below 154.881 . If we break bellow 154.881 we can expect more downside on the pair even up to 152.000. With breaks of this level we could see even lower levels sitting at around 149.394 or “bottom of the long-term range”. IMPORTANT KEY LEVELS: - 161.820; top of the long-term range - 158.748; breaks above would result in more upside - 154.881; breaks below would result in sells - 152.817; breaks below confirming lower levels - 152.030; breaks below confirming lower levels - 149.394; bottom of the long-term range Personal opinion: It’s not advised to enter into sells or buys before we have a clear break or the BoJ Interest Rate Decision data out. For now we are patiently waiting on either breaks to the upside or breaks to the downside. More volatility on the pair is expected tomorrow so be careful. KEY NOTES - USDJPY breaking above 156.700 would confirm buys. - USDJPY breaking below 154.881 would confirm sells. - BoJ Interest Rate Decision is tomorrow. Happy trading! FxPocket
by FxPocket
1
USDJPY R2🔍 Technical Analysis of USD/JPY 📌 Overall Trend: After a downward correction, the price has reached the 154.250 support zone. A positive reaction at this level suggests a potential upward move. A price gap is visible in the 156.000 - 156.400 range, which may lead to a price increase to fill the gap. 📈 Buy Trade Signal (Long Position) 🔹 Entry Conditions: If the price holds the 154.250 - 154.400 support zone and bullish reversal candlesticks appear, a long trade is recommended. The ideal entry range is 154.600 - 154.860. 🔹 Stop Loss (SL): Below 154.250 🔹 Take Profit (TP): First target: 155.860 Second target: 156.110 Third target: 156.400 (if the bullish momentum continues) 🔹 Risk Management: If the price stabilizes below 154.250, reconsider the trade. Breaking above 156.110 increases the likelihood of further bullish movement to fill the price gap. ✅ Final Conclusion: If the price finds support at 154.250 - 154.400, a buy trade is favorable. A breakout above 156.110 could lead to a further target of 156.400. 📌 Ensure confirmation through price action and candlestick patterns before entering the trade.
Long
by ehsancrypto72
Bank of Japan Raises Rates, Yen StrengthensBank of Japan Raises Rates, Yen Strengthens The Bank of Japan (BOJ) has raised short-term interest rates to 0.5%, the highest level in 17 years. While this move was anticipated, the currency market responded with a significant strengthening of the yen, with USD/JPY falling by approximately 0.6%. At a press conference, BOJ Governor Ueda stated that there is no predetermined course for future rate adjustments. Meanwhile, media reports cite analysts’ opinions suggesting that the rate could be raised again before the end of 2025. Technical analysis of the USD/JPY chart shows the formation of a descending channel (highlighted in red) at the start of 2025. The news of the rate hike enabled bears to launch another attack on the psychological level of 155 yen per dollar—a level that had previously served as support earlier this month. As of the morning of 24 January, bulls are managing to defend this level, but how long can they hold out if bearish pressure persists? Key points to note: → The USD/JPY trend resembles a rounding-top pattern. → The yen's strength is also supported by the dollar’s weakness, influenced by some uncertainty surrounding the introduction of international trade tariffs promised by US President Trump. Today, at 17:45 GMT+3, the Purchasing Managers' Index (PMI) figures will be released, potentially triggering heightened volatility in financial markets. Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. 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
2
Market Analysis: USD/JPY Corrects GainsMarket Analysis: USD/JPY Corrects Gains USD/JPY is correcting gains and now consolidates below 156.00. Important Takeaways for USD/JPY Analysis Today - USD/JPY is trading in a bearish zone below the 157.00 and 156.60 levels. - There is a connecting bearish trend line forming with resistance near 155.90 on the hourly chart at FXOpen. USD/JPY Technical Analysis On the hourly chart of USD/JPY at FXOpen, the pair started a steady decline from well above the 158.00 zone. The US Dollar gained bearish momentum below the 157.00 support against the Japanese Yen. The pair even settled below the 156.60 level and the 50-hour simple moving average. There was a spike below 155.00 and the pair traded as low as 154.77. It is now correcting losses and trading above the 50-hour simple moving average and the 50% Fib retracement level of the recent decline from the 156.58 swing high to the 154.77 low. Immediate resistance on the USD/JPY chart is near a connecting bearish trend line at 155.90. It is near the 61.8% Fib retracement level of the recent decline from the 156.58 swing high to the 154.77 low. The first major resistance is near the 156.60 zone. If there is a close above the 156.60 level and the hourly RSI moves above 60, the pair could rise toward 157.00. The next major resistance is near 157.70, above which the pair could test 158.50 in the coming days. On the downside, the first major support is near 155.35. The next major support is near the 154.80 level. If there is a close below 154.80, the pair could decline steadily. In the stated case, the pair might drop toward the 154.00 support. Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. 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
1
USD/JPY - Bulls defending ? Monday may show significant volatility in markets following Trump investiture. Where the dollar will head to remains uncertain, number of FED cuts for 2025 remain uncertain but recent NFP reports and CPI showed strength in labor market and higher inflation, leaning towards a hawkish Fed for this start of the year. What matters for next week is Trump's investiture, market will be responsive to any type of communication from the incoming president. Trump has made it clear that he wants a weak dollar to reduce the trade deficit. Technical show that Dollar has gained incredible momentum over the past 4 weeks. There will be a clear dilemma for the markets on will Trump's politic will be inflationary (and cause Fed to hold rates higher for longer) or will he succeed in implementing a weaker dollar. Historically, Dollar fell the first months Trump was in office in 2017. - Currently, USD/JPY FX:USDJPY is trading around a key area around 156.000 around the 4H 20 EMA. Bulls showed up on Friday. Bulls reclaim 156.000 area of this 4H trading range: - If dollar remains strong next week, we could see the USD/JPY continue to trade within this 4H range, which would confirm a failed breakout from this TR and put our next target on 158.000. Multiple ways to trade this, scale in if bulls strong on Monday for aggressive traders or wait to see to see consecutive 4H bull bars for entries. -Valid fake outs often lead to aggressive moves in the opposite direction of the breakout as sellers may be trapped in a loosing trade leading to both bulls and bears buying. DXY TVC:DXY bounced of the bullish trending line: - The play for next week could be to see the dollar rally towards 110.000-110.500 area and see some potential reaction there, potentially some sideways trading before market decides its next move. Remember to be careful on this, last week USD/JPY was a bear bar closing below its lower half which may be a sell signal for next week. Next week will be volatile for markets so I'd recommend lowering your trading size. This is a C setup. Peace,
Long
by Baudoouin
USD/JPY "The Gopher" Forex Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the USD/JPY "The Gopher" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long & Short entry. 👀 So Be wealthy and safe trade 💪🏆🎉 Entry 📈 : You can enter a Bull or Bear trade at any point after the PPI news. Stop Loss 🛑: Using the 1H period, the recent / nearest Pullbacks. Goal 🎯: Bullish Robbers TP 160.00 (or) Before Bearish Robbers TP 155.500 (or) Before Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release. Fundamental Outlook 📰🗞️ The upcoming PPI news is expected to be positive, with the Producer Price Index for final demand predicted to rise. This is based on the recent trend of increasing prices for final demand goods and services. In the previous month, the index for final demand goods moved up 0.7 percent, with prices for final demand foods jumping 3.1 percent. The index for final demand services also rose 0.2 percent, led by a 0.8-percent increase in margins for final demand trade services. Upcoming Fundamental Indicators: Interest Rate Divergence: US Federal Reserve vs. Bank of Japan US Economic Data: Non-Farm Payroll, GDP growth rate Japanese Economic Data: GDP growth rate, inflation rate Trade Tensions: US-Japan trade tensions Upcoming Market Sentiment: Bullish Sentiment: 70% Bearish Sentiment: 30% Neutral Sentiment: 0% Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂
by Thief_Trader
2