Get started

Usdjpyidea

USDJPY buyUS dollar vs Japanese Yen as we can in our chart the is pair is moving in a channel and we are seeing a potential buy side move keeping in view this situation we uphold that the pair can reach to the 162.450 level and then may be rejected from this level because of its historical significance and also the level is formed over weekly time frame and market has been rejected historically two times from this significant level if market is not rejected from this resistance level and breaks this level then it could reach Monthly Resistance level so keep watching the market
Long
by Wakeel_Saab
USDJPY Technical Analysis and Trade IdeaAnalyzing the USDJPY on the daily chart reveals a clear bullish trend. The pair is currently testing a significant resistance level. Although I'm considering a long position, I won't enter at this point. Instead, I’m looking for a pullback. On the 30-minute chart, there’s a noticeable bullish imbalance and an order block just below the current price. My ideal entry would be a retracement to the 50-61.8% Fibonacci level, which aligns with these areas. In the accompanying video, we delve into the trend, market structure, price action, and other crucial technical analysis elements. Remember, this video is purely educational and not financial advice.
Long
by tradingwithanthony
2
USDJPY keeps breaking recordsThe USD/JPY pair traded near a seven-week high above 158.00 during today's European session. The rally appears to have paused amid uncertainty over the Federal Reserve's (Fed) interest rate path and the release of Japan's national Consumer Price Index (CPI) data for May , will be announced on Friday. Market expectations for the Fed to start cutting interest rates from its September meeting intensified after US Retail Sales data for May missed estimates. Monthly retail sales increased 0.1%, slower than expectations of 0.2%. The Retail Sales report also showed households cutting back on discretionary spending, suggesting weak purchasing power due to high inflationary interest rates. At the Tokyo front, the Japanese Yen weakened despite the minutes of the Bank of Japan's (BoJ) June meeting showing that Governor Kazuo Ueda advocated raising interest rates earlier than expected. BoJ Ueda advocates further policy tightening due to rising inflation risks due to the weak Yen. Japan's exports have become competitive in global markets and import costs have increased, which could push price pressure higher. This week, the main factor affecting the Japanese Yen will be the national CPI data. Annual national CPI excluding Fresh Food is expected to increase to 2.6% from 2.2% previously. The pair will likely continue to increase by more than half with the expectation of the upper border at 159,600-160,200. At this point, it is necessary to have adjustment policies of the Japanese economy as the currency and economy become increasingly weaker.
by TVS-Trader
Short Idea on USDJPYUSDJPY made an attempt to breakout from symmetrical triangle pattern on 12/6/2024 before US CPI Data released. After US CPI Data released on 12/6/2024, the USDJPY dropped tremendously from 157.37 to 155.75 level. Today 13/6/2024, USDJPY climbed to sensitive rejection level 157.35 again. On 4-Hours Timeframe Chart, you can see a potential Head & Shoulder Formation. The USDJPY Price is currently forming a possible right shoulder, which potential peak will be at between 157.30 to 157.40 area. If a Solid Bear candlestick formed break the support of 156.90 Level, you will see a waterfall happening to 154.90 level. My Entry Price: 157.26 Profit Target: 154.90 Stop Loss: 158.15 Risk : Reward: 1 : 2.61
Short
by PeterGHL
USDJPY TO 160+ 12H CHARTI have USDJPY going to 160 and beyond..... price may be a little choppy until then but I am Long on this pair and I've been using every dip (when price takes bearish dive) as a buying opportunity. I can see price testing the previous highs of 157.844 (yellow level) and eventually breaking and closing above it, once this level of previous resistance (157.844) is then used as support; that will act as yet another form of confirmation that price in en'route the 160 level.
Long
by DeniroFX
2
✨FULL USDJPY. Multitimeframe Analysis✨☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌 ☝️ALL ideas and videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!
by Yelli_trades
8
USDJPY Analysis. Swing trade signal.Hello everyone i want share my idea about USDJPY Price action. After huge uptrend, we saw some strong sellers which active after strong downside movement of JPY index. Japan government said in 2024 they will change monetary policy which was signal for swing traders, JPY index had pretty bad 2 years, it was coming strong downside, after this statement of Japan government it was first strong buyers, who really show strong buyside interest. If we will look at Dollar index, it how us 2 thing price is still in uptrend at the moment, but after bad economical news of US government we can see sellers has control price, also if we look at us20 bond index we will see price came into downtrend which is i think additional signal of Dollar index bearish movement. About USDJPY index, at higher timeframe, we are still in uptrend, but at the chart sellers trying to take control at price, we saw rejection from 4h fair value gap, this zone has tested after huge downside movement. 4h fair value gap and Fibonacci high sell zone is in same place but lets see what price action we will have, how i mentioned about Dollar index and JPY index, i am bearish at the pair. I have some scenes which actually will approve i am right or not. Always make your own research!!!
Short
by elmakacho
3
USDJPY Bullish Side Money heist Plan to Become RichMy Dear Robbers / Traders, This is our master plan to Heist USDJPY Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. 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, Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted 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 it will update after the Breakouts. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
Long
by Thief_Trader
💡 USDJPY: Analysis May 23USDJPY has invalidated the doji signal and continued to increase in the past session. It has now approached the previous peak at 156.7, but has not yet shown a breakout signal. This price behavior is detrimental to our current selling strategy, but we still do not encourage you to change tactics because the risk of exchange rate intervention from the BoJ is still present and the price has not yet reached its peak. than. Brothers continue to hold existing short positions, SL placed above level 156.7. In case the price continues to go up and breaks this barrier, you should temporarily stop trading and wait for new signals. 💡 H1 trend: Sideway Today trading idea: Sell.
Short
by Stone_Haven
USDJPY May 22, 2024 Will the rising wave continue?Hello everyone, DEEKOP is ready to bring the most accurate signals and assessments to everyone. Financial freedom is true freedom. Looking at the H1 chart with the current wave counting method we see The correction process has formed 3 waves abc - Currently, the price continues to increase following the trend of large wave 3 - We have the main confirmation threshold at 156,554, this is the confirmation area that the temporary adjustment process has ended. - Once the price maintains above the 156.554 area, the price will develop very quickly because wave 3 moves quickly and sharply. Note: Sufficient TP, SL to be safe and win the market‼ ️Change data plan will be updated later. Deekop's analysis is only a personal opinion with a desire to share its views with the community. I'm not always right. But my analysis always reflects my meticulous evaluation of what is best for an investment.
Long
by DEEKOP
USDJPY May 21, 2024 Where will this price increase end?Hello everyone, DEEKOP is ready to bring the most accurate signals and assessments to everyone. Financial freedom is true freedom. Looking from H1, we see that black wave 3 is forming. in wave 3 black is forming a small wave structure - In the small wave structure, wave 4 is expected to have completed at 156.114 - Next, we will continue to complete wave 5 using the measuring method, we have the target of wave 5 at 156.887. - In our current trading plan, we can establish a Buy order with a short-term price target at 156,887. Note: Sufficient TP, SL to be safe and win the market‼ ️Change data plan will be updated later. Deekop's analysis is only a personal opinion with a desire to share its views with the community. I'm not always right. But my analysis always reflects my meticulous evaluation of what is best for an investment.
Long
by DEEKOP