Get started

Usdjpyidea

Sell Opportunities USDJPYHello Traders, The Chart is dirty i know, but bear with me. The week has been good for the Dollar. First, from a fundamental point of view, Flash Manufacturing PMI came out Positive. Consumer Confidence also came out quite positive for the dollar. On Wednesday, The Fed raised the interest rate also strengthening the dollar which has resulted in the uptrend we are in at the moment. But, will this be sustained?? I don't think so. First, the market is approaching a Pivot Point 1st Resistance Point. supposing that doesn't work, the market may test the 50% Retracement From 4 Week High/Low. So those two levels (140.972 and 141.158) im really watching to see how price action reacts to them. Also, note we have a nice supply level embedded in between these two levels. Now suppose that my trade hypothesis get blown out, I would be looking for price to break price levels 141.263 and 141.328 which acts as support for price for the upmove. So that's basically my bias, let me hear yours kindly. please be advised, this is not a trade signal.
by DagemFxStudio
USDJPY: Flash Services PMI!S&P500 futures have recorded significant gains in London, indicating a more relaxed risk-off sentiment. On Wednesday, US equities experienced substantial selling pressure, primarily due to a sharp decline in technology stocks. Investors are being cautious as they anticipate that tech-savvy companies may continue to struggle due to the Federal Reserve's decision to raise interest rates. The rally in USD/JPY is driven by the belief that the gap in policies between the Federal Reserve and the Bank of Japan will widen further. The Fed is expected to continue increasing interest rates, while the Bank of Japan is likely to maintain its ultra-dovish policy stance that has been in place for a decade. As a result, the Japanese Yen has significantly weakened against the US Dollar.
Long
by Sphyn-Trader
BluetonaFX - USDJPY Potential Bull Flag OpportunityHi Traders! There is a potential bull flag opportunity here on the USDJPY 2H chart. The market has been trading with bullish momentum over the past couple of days, and we have drawn the flag pole to show the big bullish momentum wave along with the flag consolidation. What we are looking for in this setup is first a support hold of 141.220 and then a break and close above the flagpole at 141.957. 141.220 must hold for this opportunity to break to the upside. If we do not get this, we also have an opportunity to the downside if the bull flag fails. If there is a break and a close below 141.220, then that will be a confirmation sign to enter with short positions to target 140.504. Please do not forget to like, comment, and follow, as your support greatly helps. Thank you for your continued support! BluetonaFX 
by BluetonaFX
USDJPYI normally don't trade UJ however for the benefit of those who do, thanks to a friend's request to take a look and share my thoughts, here is what I would normally look for, a break above the 139.134 zone and a retest of same area, will set the pair up for a nice long position. A break below the 137.296 area and its retest, will set the pair up for a short. For now, fingers crossed. I may not give updates on this pair as it is not on my favored trading list ;-) Disclaimer: All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
by Mbjoey
USDJPY: Next hurdle is seen at 140.00The USD/JPY pair is currently holding steady at around 139.20 during the Asian trading session, following a slight pullback from its weekly high near the 140.00 level on Wednesday. However, concerns regarding China's economic slowdown, worsening US-China relations, and geopolitical tensions may provide support for the safe-haven Japanese Yen (JPY), which could limit the upside potential of the USD/JPY pair. In response to the US's consideration of foreign investment and restrictions on AI chips, China's Ambassador, Xie Feng, expressed criticism and warned of retaliation if the US imposes further curbs on Beijing's chip sector.
Long
by Sphyn-Trader
10
BluetonaFX - USDJPY Heading Back To 140Hi Traders! USDJPY has found support at the midpoint of the long-term impulse wave and is targeting a retest of the 140.000 resistance level. On the 1D chart, we have highlighted the long-term impulse wave from March 2023. We then found resistance at the 145.073 level and had a retracement wave to the midpoint of the impulse wave. The RSI reading also supports this, as the value was around the 30 level at the midpoint, which suggests that the market is possibly oversold at this point. 140.000 seems to be the next target. If the market reaches 140.000 and the resistance level holds, then we can expect a pullback to test the midpoint again as support. A break and a close above 140.000, and we are looking at a possible retest of 145.073. Please remember to like, comment, and follow, as your support greatly helps us. Thank you for your support. BluetonaFX 
by BluetonaFX
USDJPY: How does the recession affect?S&P500 futures have experienced some losses in Europe, indicating a cautious market sentiment. The ongoing second-quarter result season is expected to pose challenges for US equities. Investors will be closely monitoring the performance of banking and technology stocks as the Federal Reserve's higher interest rates are causing a slowdown in economic activities. The US Dollar Index (DXY) is making a significant effort to break above the immediate resistance of 100.00. If successful, this move would trigger a short-term recovery and possibly impact the demand for riskier currencies. The yields on 10-year US Treasury bonds have sharply dropped to around 3.78%.
Short
by Sphyn-Trader
8
USDJPY-NEXT MOVE CAN BE 500+ PIPS ONEEveryone, hope you all having a great week, our march setup on USDJPY have been working out perfectly, price on daily timeframe have breakout the previous structure and apparently showing strong bullish sentiment. We need to wait for DXY to show bearish price sign, once we do. UJ will drop significantly. Like and Comment, as always thank you so much for showing support and love, we will keep bringing the high quality charts and do let down any pair that you may want us to analyse.
Long
by Setupsfx_
36
USDJPYUSDJPY, due to strong DXY, as we had explained in our previous USD pairs that we are expecting DXY to be bullish in upcoming days; so current approarch on USDJPY is bullish for another month or so, we will have to wait for price to complete the bullish price momentum. Once the price reach our area of entry we can enter the swing sell position for a nice 1000 pips. Always remember patience pays. If you like our work do like and share and follow for more. Thank you as always, Happy Trading ;)
by Setupsfx_
23