USDJPY: Asian Foreign Exchange market is quietThe Japanese yen hovered close to a four-month low, whilst statistics confirmed inflation in Tokyo recovered as predicted in February. Stable inflation offers the Bank of Japan extra motivation to elevate hobby costs from extraordinarily low levels.
The greenback index and greenback index futures had been consistent at some point of the session
buying and selling in Asia on Tuesday, after seeing a few volatility in latest sessions.
While latest statistics indicates inflation withinside the US relatively stabilizing, buyers appear like preserving bets that the Fed will reduce hobby costs in June.
But the change is predicted to be in large part examined this week, with a two-day testimony from Fed Chairman Jerome Powell in which analysts anticipate him to preserve tons of his hawkish stance. .
Then key nonfarm payrolls statistics is due out this Friday and is predicted to offer similarly alerts at the hard work market.
Usdjpyidea
usd jPY LONGThe Japanese Yen drifts lower on Friday and moves away from over a two-week high. The BoJ policy uncertainty and the risk-on environment undermine the safe-haven JPY. Hawkish Fed expectations underpin the USD and remain supportive of the momentum.
rom a technical perspective, any subsequent move up is likely to confront stiff resistance near the 150.65-150.70 region. This is closely followed by a multi-month peak, around the 150.90 zone touched on February 13, which if cleared decisively will be seen as a fresh trigger for bullish traders. Given that oscillators on the daily chart are holding comfortably in the positive territory, the USD/JPY pair might then climb to the 151.45 hurdle en route to the 152.00 neighbourhood, or a multi-decade peak set in October 2022 and retested in November 2023.
USDJPY BUY USING PO3 ? (market cycles)hello guys i hope you are having a good week ,
today i am looking at USDJPY
this weekly candle on usdjpy closes as a hammer looking like candle indicating buy.
for the daily tf the price started consolidating for a while now (accumulation) , since friday candle closed as inverted hammer am guessing monday we are going to see a red candle possible the candlle that will do the manipulation.
my point of interest is the Orderblock/Demand zone on the 1Dtf i will llook for entries in that area it also serves as a rejection block we can see a candle leaving a big whick in that area.
but i have to be careful since the price is on the 150 zone this zone is notorious because of the manipulations caused by bank of japan in that price range it is also a psycological level that the price has been testing for a while now so my tp will not be crazy .
keep in mind very very action packed week ahead trade safe !
USDJPY I Technical and fundamental analysis & Trading PlanWelcome back! Let me know your thoughts in the comments!
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Usdjpy short USD/JPY is the forex ticker that shows the value of the US Dollar against the Japanese Yen. It tells traders how many Yen are needed to buy a US Dollar. The Dollar-Yen is one of the most traded forex pairs – second only to EUR/USD – and is a benchmark for Asian economic health and even the global economy. View the live Dollar-Yen rate with the USD/JPY chart and improve your technical and fundamental analysis with the latest USD/JPY forecast, news and analysis.
Inflation in Japan printed better-than-expected for the month of January, coming in at 2.2% vs the prior 2.6%. Markets appear to have bushed aside the recent easing of price pressures as inflation has been falling every month since October’s 3.3%. Instead they remain focused on the fact that the headline measure remains above 2% and the core figure surpassed expectations of 1.8% to come in at 2%.
The Japanese Yen (JPY) strenghtens during the Asian session on Tuesday following the release of slightly hotter-than-expected Japanese consumer inflation figures, which revived bets for an imminent shift in the Bank of Japan's (BoJ) policy stance.
Usdjpy Japanese Yen remains supported by reviving BoJ pivot bets, US data in focus
The Japanese Yen (JPY) strenghtens during the Asian session on Tuesday following the release of slightly hotter-than-expected Japanese consumer inflation figures, which revived bets for an imminent shift in the Bank of Japan's (BoJ) policy stance.
USD/JPY is the forex ticker that shows the value of the US Dollar against the Japanese Yen. It tells traders how many Yen are needed to buy a US Dollar. The Dollar-Yen is one of the most traded forex pairs – second only to EUR/USD – and is a benchmark for Asian economic health and even the global economy. View the live Dollar-Yen rate with the USD/JPY chart and improve your technical and fundamental analysis with the latest USD/JPY forecast, news and analysis. [
USDJPY Weekly analysisHello, traders here is an analysis of USDJPY you can see that the price has rejected this area two times and there is a likelihood that the price can do it again, I just have to wait for it to go below that zone and retest it then I can look for bearish opportunities. If the price goes up then I will do the same thing wait for it to go above the highlighted zone and retest it then I will look for bullish opportunities.
USD JPY Zone Sell Confirm long Target Conversely, in the scenario of sellers regaining control and driving the exchange rate lower, support appears at 149.70 and 148.90 thereafter. Continued losses beyond these thresholds may lead to a pullback towards 147.50 in the near term.
USD/JPY outlook: Extended consolidation above trendline support to precede push towards key barriers
Confirm long Target
USDJPY SELL | Setup Trading AnalysisHello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDJPY
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
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USDJPY (H4) Will fall to 148 or increase to 152 ?OANDA:USDJPY USDJPY (H4) Will fall to 148 or increase to 152 ?
The USDJPY market on the H4 timeframe exhibits the following characteristics:
The ongoing contraction phase suggests a period of hesitation and gradual consolidation before significant fluctuations occur.
The peaks depict a pattern of lower-high prices, indicating a potential weakening of buying power.
Simultaneously, the lower end establishes a loosely defined price support region, with cand
lesticks extending below the support area.
Consequently, there is a likelihood that this pair might decline towards the price support zone at 148.6-148.8. However, given the absence of a clear directional break in the price pattern, there remains a possibility that the exchange rate could continue to rise towards the resistance area of 150-152.
It is advised to monitor the market closely. Despite the absence of significant news today with a strong impact on these currencies, unforeseen market movements can still pose risks to your account. Please adhere to trading principles and implement capital management strategies diligently.
USD JPY Sell Zone The USD/JPY pair falls slightly below the psychological support of 150.00 in the early New York session on Tuesday. The asset has faced selling pressure as the US Dollar Index (DXY) has extended its downside to 104.00.
USD/JPY oscillates in a Symmetrical Triangle formation on an hourly time frame. The upward
USD/JPY: Japanese Yen ticks higher against USD, bulls seem non-committed ahead of FOMC meeting minutes
The Japanese Yen (JPY) ticks higher against its American counterpart during the Asian session on Wednesday, though remains confined in a familiar range held over the past week or so. Geopolitical risks continue to weigh on investors' sentiment, which, along with speculations that Japanese authorities will intervene to stem any further weakness in the domestic currency, lend some support to the safe-haven JPY. Apart from this, the recent US Dollar (USD) pullback from a multi-month peak further contributes to capping the upside for the USD/JPY pair.
Confirm Chart sell
USDJPY H1 / Short Trade Entry Alert! ✅💲Hello Traders!
This is my idea related to USDJPY H1. I see a double reaction from the FVG H1 and I expect a continuation of a bearish market until the price of 149.500 where we have the OB level.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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USDJPY: The yen is at a 10-week low as the dollar rose for a fouThe Japanese yen remained near a 10-week low on Friday, with currency markets adjusting expectations around interest rate movements from global central banks. The yen traded slightly changed at 149.315 against the USD, after falling to 149.48 in the previous session, marking its lowest since November 27.
Bank of Japan Deputy Governor Shinichi Uchida's comments on Thursday suggested the central bank is unwilling to raise interest rates quickly even after potentially ending its negative interest rate policy, which some Market participants predict it could happen as soon as next month.
Despite careful monitoring of foreign exchange movements by Japanese Finance Minister Shunichi Suzuki, who reiterated that monetary policy decisions belong to the central bank, the yen did not show a significant reaction.
The dollar index, a gauge against six major currencies, remained steady at 104.15. It rose 0.1% on Thursday after data showed resilience in the US labor market, dampening expectations of an imminent interest rate cut by the Federal Reserve. For the week, the dollar index was up 0.18%, boosted by strong monthly payrolls data last Friday and hawkish comments from Fed Chairman Jerome Powell in a "60" interview. minutes" aired on Sunday.
Upcoming US economic data includes the Consumer Price Index (CPI) inflation report for January, which will be released on Tuesday.
Traders have significantly reduced the odds of a rate cut at the Fed's March policy meeting to just 16.5%, down sharply from 65.9% a month ago, according to CME Group's FedWatch Tool .
USDJPY: Fed Chairman Powell: An interest rate cut in March is unFed Chairman Powell participated withinside the American tv program "60 Minutes":
With the economic system strong, we sense the want to take into account the timing of hobby price cuts carefully
Confidence is rising, however we need to be even greater assured as we take the `very critical step' of beginning to reduce hobby rates
Achieving desirable development on inflation
An early selection can be made if exertions marketplace weak spot is mentioned or there's convincing proof that inflation is surely falling.
An hobby price reduce in March is not going
Inflation expectancies will hold to say no withinside the first 6 months of this yr because of essential impacts
Expect the 12-month inflation index to say no this yr
Most 19 policymakers see hobby price cuts this yr as appropriate
We do now no longer convey politics into our selection making
There isn't anyt any excessive opportunity of recession
Do now no longer take into account business actual property loans because the purpose of the disaster as withinside the past
China issues are not going to have an effect on the United States economic system, there'll likely be a few impacts, however they may now no longer be large
Geopolitical danger is taken into consideration the largest short-time period danger, however for different areas of the arena it's miles even more than the United States
USDJPY M30 / Bullish Move Forecast 💲Hello Traders!
This is my idea related to USDJPY M30. I expect a continuation of the bullish trend and I will look for a long entry on USDJPY. We have a very strong bullish move and I want to see a retracement at the FIB 50% level.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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