USDJPY: +1800 PIPS Big Buying Opportunity! Dear Traders,
Hope you are doing great last two setups on USDJPY, did not work out in our favour, however, we still aim for price to grow after touching our area. Please wait for price to drop to our area before entering or taking any entries.
Good luck and trade safe.
Usdjpyidea
#USDJPY: +1200 Pips Major Swing Buy! Dear Traders,
Due sudden bullish move on JPY index, price fell to 152.00 region compared to 155.00 which was our area for reversal in our last idea which hit breakeven after being in profit of 180+ pips. So now we have possible reversal point from this area, however, the price is still tricky. Please use accurate risk management.
Good luck.
GBPJPY and 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.
AUDJPY IndecisionThis price has been having a bearish momentum and for the last day, there was a doji candle, which indicates an indecision.
I anticipate that the momentum will continue, provided that the candlestick that follows next does not close above the doji candle.
An analysis using a smaller timeframe will follow.
Yen Alert: Unprecedented Option Trade on CMEThere's a pretty big reason to talk about the forecast for the yen's exchange rate. It's because of that big option trade that happened yesterday on the CME (Chicago Mercantile Exchange). These kind of transactions don't happen often with the yen, and this was the biggest one of the year so far.
Here's a chart of the nearest yen futures. It shows where the quotes are likely to move based on the type of options portfolio we talked about in this post.
In other words, the guy who owns this option portfolio is betting on the yen going up, or, if you look at the forex rates for USDJPY, he's betting on it going down.
We'll be watching both the rates and his portfolio closely. It looks like he knows what he's doing.
1-Hour Chart Analysis USDJPYVISIT FOURTRADES WEBSITE FOR MORE INSIGHT
The 1-hour chart reveals more granular details of the recent price action. The pair has formed a bearish engulfing candlestick pattern at the resistance zone around 157.00, which is a strong bearish signal. This pattern indicates a potential reversal to the downside. Furthermore, the pair is approaching a support level around 155.50, which could provide a short-term bounce. However, if this level is breached, the next target would be the 154.00 support level.
Daily Chart Analysis
The USD/JPY pair has been trading within an ascending channel for the past few months. Recently, the pair... Visit fourtrades website Link in the bio
4-Hour Chart Analysis
On the 4-hour chart, the USD/JPY pair has shown a clear break below a previous low, which adds to the bearish outlook seen on the daily chart. The price action is ... Visit fourtrades website for more insights Link in the bio
The yen exchange rate jumped because speculators feared interven
An ascending flag pattern appears, showing the recovery of USDJPY when news about the stock market or the recent presidential appointment continues to be good for the US market.
The USD fell to its lowest stage in approximately 2 months, a improvement amplified via way of means of the pointy boom withinside the fee of the yen that triggered turmoil in worldwide foreign money markets withinside the buying and selling consultation on Wednesday and this morning (18 /7).
Bloomberg Dollar Spot Index, an index of Bloomberg information organization that measures the USD alternate charge instantaneous marketplace, fell via way of means of 0.4% on Wednesday, to its lowest stage when you consider that past due May. This morning, the index persevered persevered to fall further, whilst the yen/USD alternate charge from time to time accelerated to 155.7 yen for 1 USD.
In addition to the downward strain at the USD from the opportunity that americaA Federal Reserve (Fed) can also additionally decrease hobby costs in September, the yen additionally accelerated sharply because of hypothesis withinside the marketplace that Japanese government can preserve to interfere withinside the forex marketplace to assist the home foreign exchange charge.
The yen has accelerated in fee via way of means of approximately 4% when you consider that closing Thursday - the time while Japanese government are stated to have intervened via way of means of promoting overseas foreign money into the marketplace. Japan`s Ministry of Finance and the Bank of Japan (BOJ) can also additionally have persevered to interfere on Friday.
In addition, the yen additionally accelerated in fee due to the fact an influential Japanese flesh presser referred to as at the BOJ to elevate hobby costs to assist the yen alternate charge, and previous US President Donald Trump issued a caution approximately the devaluation fashion of the yen. yen - a component that allows Japan advantage a higher aggressive role in exports.
Before this recovery, the yen closing week fell to almost 162 yen in line with USD, its lowest stage in 38 years.
Fluctuations withinside the USD/Japanese yen alternate charge appear to have had a robust effect on different USD foreign money pairs - in step with leader strategist Valentin Marinov of Credit Agricole bank.
7 Dimension Buy Trade For USDJPY Core Analysis Method: Smart Money Concepts
😇7 Dimension Analysis
Time Frame: 15M
1: Swing Structure: Bullish with BOS after taking the inducement. Bullish impulsive swing move starts making a pullback in the internal structure POI liquidity zone. External POI OB FVG already taken from the discounted area.
🟢 Entry Model: Whale scoop
Support liquidity demand area might act as a reversal zone.
2: Pattern
🟢 CHART PATTERNS: No chart pattern is formed. Shakeout continuation.
🟢 CANDLE PATTERNS: No significant candle pattern here.
3: Volume: Volume is almost dry during the whole corrective move, but we observed huge volume when the price takes liquidity or forms a false breakout.
4: Momentum RSI
🟢 RSI is still in the bullish zone, taking support on the extreme bullish support 40 level. No range shift yet and not any bullish support divergence. A bearish loud move makes some doubt, but it will confirm when the price gives a proper breakout on any side in this momentum range.
5: Volatility Bollinger Bands
🟢 A strong contraction is forming. This contraction breakout will confirm the proper move.
6: Strength: USD is still weaker.
7: Sentiment: Buy for the short term.
✔️ Entry Time Frame: 15M
✅ Entry TF Structure: Bullish
✔ Entry time liquidity take waiting
💡 Decision: Buy
🚀 Entry: 157.170
✋ Stop Loss: 156.890
🎯 Take Profit: 158.275
😊 Risk to Reward Ratio: 4RR
🕛 Expected Duration: 1 Day
Short SUMMARY: Analysis supports a strong buy position based on the Smart Money Concepts methodology, with expected bullish momentum and high potential reward.
Yen's Sudden Strength: Is the Bank of Japan Back in Action?The recent dramatic rise of the Japanese yen has sent ripples through the financial world. Three sharp surges – on July 11th, 12th, and 17th – have fueled speculation that the Bank of Japan (BoJ) is once again intervening in currency markets. These interventions have resulted in a 4% appreciation of the yen against the US dollar, bringing it to ¥156 per dollar. This is a significant rise, especially considering the yen's plunge to 37-year lows earlier in July.
While the BoJ hasn't explicitly confirmed its involvement, the timing and nature of the surges strongly suggest its influence. Central banks typically intervene in currency markets to achieve specific economic goals. In the case of Japan, the recent depreciation of the yen has become a cause for concern. A weaker yen makes imports more expensive, contributing to inflation. Additionally, it can destabilize financial markets and harm Japanese exporters who rely on a competitive exchange rate.
Possible Reasons for Intervention:
• Curbing Inflation: Japan has recently experienced a rise in inflation, exceeding the BoJ's target of 2%. A stronger yen makes imported goods cheaper, helping to ease inflationary pressures.
• Supporting Exporters: A weaker yen can initially benefit exporters by making their products cheaper overseas. However, a persistently weak currency can erode profitability in the long run. By stabilizing the yen, the BoJ might be aiming to create a more predictable environment for Japanese exporters.
• Signaling Resolve: The BoJ has maintained an ultra-loose monetary policy for years, keeping interest rates near zero. This policy has contributed to the yen's weakness. By intervening in the market, the BoJ might be sending a signal of its commitment to preventing further depreciation.
Potential Challenges and Implications:
• Market Backlash: Excessive intervention by the BoJ could be seen as manipulating the market. This could lead to a loss of confidence in the yen and potentially trigger counter-interventions by other central banks.
• Limited Effectiveness: The effectiveness of currency intervention is often debated. While it can achieve short-term results, it's difficult to sustain a stronger yen in the long run if underlying economic fundamentals don't support it.
• Impact on Global Markets: A stronger yen can have a ripple effect on global markets. It can make Japanese investments less attractive to foreign investors and potentially trigger capital outflows.
Looking Ahead:
The BoJ's recent actions have certainly bolstered the yen. However, it remains to be seen whether this can be sustained. The long-term trajectory of the yen will depend on various factors, including global economic conditions, interest rate policies, and investor sentiment. The BoJ might need to continue intervening if it wants to maintain a more stable exchange rate. However, it will have to tread carefully to avoid unintended consequences and potential market backlash.
In conclusion, the recent surge in the yen's value has reignited the debate about currency intervention. While the BoJ's actions might provide some temporary relief, the long-term outlook for the yen remains uncertain. The future path of the Japanese economy and global financial conditions will ultimately determine the fate of the yen.
#USDJPY: +1000 PIPS Trading Setup | Do Not Miss Out|Recently we witnessed a sharp dropped on USDJPY due to BOJ hints of intervene in currency market. However, in fact they just gave hint of intervention and did not specify the plan. In some scenario, many says, it was a move to alter the direction of JPY pairs for sometime. In our view price is likely to move upside strongly after touching our area. We therefore advise you, if you are taking sell entry be extra cautious.
Good luck and trade safe.
USDJPY Bank Bearish Robbery PlanMy Dear Robbers / Traders,
This is our master plan to Heist USDJPY Market 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 at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
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.
Stop Loss : Recent Swing Low using 4h timeframe
Warning : Fundamental Analysis 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 💰💵 Join your hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
USD/JPY Bullish Divergence and Key Support AnalysisThe USD/JPY pair has recently exhibited a Bullish Divergence on the 1-hour chart. This technical pattern is a significant indicator suggesting potential upward price movement. The price action has also received a strong rejection at a key support level, which coincides with a 4-hour trendline and the 61.8% Fibonacci retracement level. These factors collectively reinforce our bullish outlook.
Technical Confluences:
Bullish Divergence: A bullish divergence on the 1-hour chart indicates potential reversal and strength in the upward momentum.
Key Support Level: The price rejection at the key support level confirms the market's recognition of this zone as a significant barrier to downward movement.
4-Hour Trendline: Alignment with a long-term trendline adds to the credibility of the support level, indicating sustained bullish sentiment.
61.8% Fibonacci Level: The confluence with the Fibonacci retracement level further solidifies the support area, often seen as a critical point for trend reversals.
Entry and Risk Management:
Entry Point: 158.520
Stop Loss: 157.300
The chosen entry point at 158.520 is strategically placed just above the key support level, ensuring minimal risk while maximizing potential gains. The stop loss at 157.300 is set conservatively below the support level to protect against unexpected volatility.
Take Profit Levels:
To effectively manage profits, the following take profit levels have been identified based on technical analysis and historical price action:
TP-1: 159.740
TP-2: 160.960
TP-3: 162.180
These levels are determined to capture gains at various stages of the anticipated upward movement, allowing for flexible exit strategies based on market conditions.
Conclusion:
The USD/JPY pair demonstrates a strong bullish potential supported by multiple technical indicators and confluences. Traders are advised to enter at 158.520 with a stop loss at 157.300 to manage risk effectively. The outlined take-profit levels offer strategic exit points to maximize gains while adapting to market movements.
Recommendation:
Monitor the price action closely and adjust positions to align with evolving market conditions and protect against potential reversals.
Japanese Yen dropped to its lowest level in nearly 4 decadesAll data supports LONG usdjpy
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According to Nikkei, till now, Japanese institutional traders have now no longer poured capital into overseas markets on any such big scale. Banks offered simplest a internet 220.7 billion yen of overseas property withinside the first 1/2 of of this 12 months. Meanwhile, pension price range bought a internet of 9.forty three trillion yen withinside the identical period.
The using pressure using the float of cash into foreign places property is the organization of retail traders who're changing their financial savings into investments to deal with inflation. Core CPI in Japan has always multiplied extra than 2% every month given that fall 2022. May CPI multiplied 2.1%, better than the BOJ`s goal of 2%.
Currently, only a few monetary merchandise in Japan generate returns better than 2%. One-12 months deposits of as a minimum three million yen had hobby costs of simply beneathneath 0.1% in June. Japanese authorities bonds bought to retail traders had hobby costs of much less than 1% this month. The predicted dividend yield of Japanese shares in keeping with the Nikkei Stock Average is simplest 1.75%, nevertheless decrease than inflation.
“Investment cash has a tendency to float to Western nations and elsewhere, in which monetary and company boom expectancies are high,” stated Soichiro Tateishi, an economist on the Japan Research Institute.
When Japanese traders purchase shares or bonds denominated in USD via mutual price range with out a foreign money hedging strategy, they'll ought to promote yen to shop for USD. Accordingly, multiplied funding sports via NISA positioned even extra strain at the yen. Investors chickening out capital will assist the yen appreciate. However, NISA is a software primarily based totally on lengthy-time period investments, so the yen will now no longer be capable of get hold of momentum from here.
Meanwhile, Japan's change deficit has lengthy been taken into consideration a structural issue inflicting the yen to fall. As an electricity importer, Japan has visible a change deficit for the reason that 2011 earthquake and tsunami, which pressured the u . s . to import extra electricity because of the closure of nuclear strength plants.
From January to May 2024, Japan's change deficit stood at three.forty five trillion yen. This discern will boom to three.eighty three trillion yen while facts via mid-June are included.
Some professionals have warned approximately the capital flight of retail traders. Meanwhile, the yen is buying and selling at a hundred and sixty for 1 USD, whilst at the start of the 12 months it became 140. One manner to show the scenario round is to boom the splendor of the Japanese inventory marketplace and different monetary merchandise.
According to Shingo Ide, leader monetary engineer at NLI Research Institute, Japanese businesses “are beginning to make efforts to enhance profitability and capital efficiency.”
However, Nikkei stated, any essential exalternate to the contemporary fashion will take a protracted time.
USDJPY ( UNDER BEARESH PRESSURE ) ( 4H )USDJPY
HELLO TRADERS
Tendency the price is under bearish pressure , after stabilizing below turning level at 161.524
TURNING LEVEL : a blue line between resistance and support level around 161.524 , indicates if the price stabilizing below this level reach support level , if the breaking turning level reach a resistance level
NEW RESISTANCE LEVEL : there is a green line around 162.412 and 163.207 , if the price breaking turning level reach this target
SUPPORT LEVEL : there is a red line below turning level around 160.610 and 159.815 , indicates buying have already increase this level , so if the price breaking turning level reach this target
PRICE MOVEMENT : maybe first the price will trying to rising turning level around 161.524, after dropping to the support level at 160.610 , then stable below this level reach 159.815 ,
if the price breaking turning level reach a new resistance level at 162.412 and 163.207
TARGET LEVEL :
RESISTANCE LEVEL : 162.412 , 163.207
SUPPORT LEVEL : 160.610 ,159.815
Mega Analysis on USDJPY outrageous Levels so this analysis is based on high time frame weekly
1) so i identified a CUP & HANDLE pattern, the range for the cup size is from 127.50 to 151.946
2) Handle range from 140.188 to 151.946
so the target projected based on size of pattern
1st target = 163.513
2nd target = 176.392
last three weeks has a price action of three soldiers which has left behind bullish fvg at 159.778 and 158.258
so, if you dont have any position this area could be offer fair value and if you already holding some position then we can trail the stop loss just below the fvg we have marked
note - market is based on buyer and seller and ups and downs so short term pullbacks are considerable
leave your comment on my analysis and lets have trading related deep talks !!
#USDJPY: Possible Second Buy Entry Worth up to +800 pips! Dear Traders,
Our first entry turn out to be in our favour and we expect price to rise even higher and higher. USD dominance over JPY is significant and in no soon time, we can expect BOJ to change any policies or intervene in the market. We may see some correction in the market but it is very unlikely that it will be reversal.
Good luck and trade safe!
Team Setupsfx
Japan's efforts to protect the yen exchange rate fell into vain"ALL THE PROBLEM IS WITH THE FED"
On Wednesday`s buying and selling consultation, the yen fell to 160.88 yen for 1 USD, the bottom degree due to the fact that 1986. Early this morning (June 27) withinside the Asian marketplace, the yen rebounded slightly. 160.sixty three yen to at least one USD.
The yen has depreciated approximately 2% this June and fallen 12% due to the fact that the start of the yr as compared to the USD, withinside the context of a regular growth withinside the USD alternate price due to the fact expectancies approximately whilst the Fed will begin decreasing hobby prices are constantly driven back. .
The Dollar Index, which measures the power of the USD in opposition to a basket of six different predominant currencies, has accelerated 1.25% this month and is up 4.sixty three% due to the fact that the start of the yr - consistent with facts from MarketWatch. On Wednesday consultation, Dollar Index handed 106 points, the very best in 2 months.
The predominant motive of the yen devaluation as compared to the USD is the hobby price distinction among americaA and Japan. The Fed's short-time period hobby price is five.25-five.five% and the Bank of Japan (BOJ) is 0-0.1%, making the yen an appealing investment foreign money. in hobby price differential transactions (bring trade).
According to Bloomberg, international traders recognize that the yen will face downward stress so long as USD hobby prices stay high. In the worldwide foreign money marketplace with a transaction fee of 7.five trillion USD according to day, the non-stop devaluation of the yen is a clearer proof of US affect withinside the economic sector.
“The hassle is all with the Fed. Higher and longer hobby prices withinside the US are attracting cash to americaA and making the USD robust," stated leader bond funding strategist of NatAlliance Securities LLC, Mr. Andrew Brenner. Mr. Brenner stated that for Japan, that is a challenge.
Wednesday's buying and selling consultation completely contemplated America's dominant function in international economic markets. The Dollar Index's 0.4% growth this consultation positioned downward stress on nearly all different currencies withinside the world. The US inventory marketplace is on course to finish some other area of robust gains, whilst the Ministry of Finance without difficulty bought all 70 billion USD of Treasury bonds withinside the public sale at the equal day.
For the yen, the tale is absolutely different. At an alternate price of almost 161 yen to at least one USD, the foreign money has depreciated past the factor in which Japanese government intervened withinside the forex marketplace in past due April and early May. This manner efforts Spending greater than 60 billion USD to defend Tokyo's yen alternate price has "failed", however happily it handiest bogged down the price of devaluation of the yen.
Usd Jpy Intervention shortAnalysis of USD/JPY Short Signal Based on Potential Bank of Japan Intervention
The BOJ has a history of intervening in the currency market to stabilize the yen, especially when rapid depreciation threatens economic stability.
Previous interventions have led to sharp, albeit sometimes short-lived, reversals in the USD/JPY pair.
Current Economic Conditions:
Japan:
Inflation remains low, and economic growth is sluggish.
The BOJ continues with its ultra-loose monetary policy, but any signs of overheating in the exchange rate might prompt intervention.
United States:
The Federal Reserve has been relatively hawkish, focusing on controlling inflation through interest rate hikes.
This policy divergence has contributed to the USD strength against the JPY.
Market Sentiment:
Recent movements have seen the USD/JPY testing higher levels, potentially triggering concerns for the BOJ about excessive yen weakness.
Speculation of intervention can often lead to preemptive market adjustments.
Technical Analysis
Resistance Levels:
The pair may face resistance around historically significant highs, which could act as a trigger point for BOJ intervention.
Support Levels:
Key support levels will be watched to assess potential downside targets if intervention occurs.
Sustainability of BOJ Actions:
The effectiveness of BOJ interventions in reversing long-term trends is historically mixed.
Given the potential for BOJ intervention to correct an overextended yen depreciation, a short position in USD/JPY could be strategic. However, traders should closely monitor key economic indicators, BOJ communications, and technical resistance levels. Proper risk management, including stop-loss orders, is essential to navigate the inherent uncertainties and volatility associated with such interventions.