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Usdjpylong

USD JPY signal USD/JPY extends its losses for the third consecutive session on New Year’s Eve, trading around 156.20 during early European hours on Tuesday. However, the Japanese Yen (JPY) is headed for a decline of over 10% in 2024, marking its fourth straight year of weakening against the US Dollar (USD) On the upside, the USD/JPY pair may retest its monthly high of 158.08, reached on December 26. A decisive break above this level could pave the way for further gains, with the pair potentially targeting the ascending channel’s upper boundary near 160.60. Confirm signal USD JPY signal Follow my chart The immediate support lies at the nine-day Exponential Moving Average (EMA) around 156.79, closely aligned with the ascending channel's lower boundary near 156.50.
Long
by JohnHarry_7
USD/JPY Technical Analysis: Key Levels and Potential ScenariosThis analysis focuses on the USD/JPY pair on the daily timeframe, highlighting critical support and resistance levels. The current setup reflects the importance of a key range for maintaining the bullish outlook. USD/JPY Technical Analysis: Key Levels and Potential Scenarios This analysis focuses on the USD/JPY pair on the daily timeframe, highlighting critical support and resistance levels. The current setup reflects the importance of a key range for maintaining the bullish outlook. Key Levels: Critical Zone: 155.47–154.75 This zone acts as a pivotal level for the continuation of the uptrend. As long as the daily candle does not close below this range, the bullish scenario remains valid. Upside Targets: The first resistance level is identified at 160.099. A breakout above this level could lead to further gains, with the next target at 161.753. Indicator Insights: DTOsc (DT Oscillator): The oscillator is moving toward the oversold region. This could align with a price reaction from the key support zone, aiding the potential resumption of the uptrend. USD/JPY Technical Analysis: Key Levels and Potential Scenarios This analysis focuses on the USD/JPY pair on the daily timeframe, highlighting critical support and resistance levels. The current setup reflects the importance of a key range for maintaining the bullish outlook. Key Levels: Critical Zone: 155.47–154.75 This zone acts as a pivotal level for the continuation of the uptrend. As long as the daily candle does not close below this range, the bullish scenario remains valid. Upside Targets: The first resistance level is identified at 160.099. A breakout above this level could lead to further gains, with the next target at 161.753. Indicator Insights: DTOsc (DT Oscillator): The oscillator is moving toward the oversold region. This could align with a price reaction from the key support zone, aiding the potential resumption of the uptrend. Potential Scenarios: Bullish Scenario: If the 155.47–154.75 support zone holds and the daily candle closes above this range, the pair is likely to resume its uptrend toward the 160.099 and 161.753 targets. Bearish Scenario: A daily close below 154.75 would invalidate the bullish outlook and may lead to increased selling pressure. Conclusion: USD/JPY is trading within a critical range, with the 155.47–154.75 level serving as a decisive zone for the continuation of the uptrend. As long as this level holds on a daily closing basis, the pair is expected to climb toward its higher targets. Feel free to share your thoughts in the comments and follow me for more professional insights and detailed analyses!
Long
by Mohammad_Mirdehghan
USD/JPY on the Verge of a Breakout: Key Levels to Watch!USD/JPY is encountering resistance at the trendline, previously a support level. The price attempted to break through earlier but faced rejection. Now, it is approaching the resistance level again, showing breakout potential. We anticipate a possible breakout above the resistance trendline. A key support zone, marked in grey, provides a critical level to watch for pullbacks or reversals. Monitor price action for confirmation. DYOR, NFA
Long
by unichartz
USDJPY BUY | Idea Trading AnalysisUSDJPY is moving in an UP trend channel. The chart broke through the dynamic Resistance line, which now acts as support. We expect a decline in the channel after testing the current level which suggests that the price will continue to rise Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity USDJPY I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
Long
by TheGrove
1
USD/JPY Soars Above Resistance: Next Stop 160?USD/JPY Trade Analysis: Breakout Confirmed: USD/JPY has broken above the descending trendline and is holding above the 152-155 support zone. Targets: Short-Term: 161.00 (previous high). Long-Term: Potential for new highs if momentum continues. Stop Loss: Below 152.00 to protect against invalidation. Entry: Ideal entry near 155-157 on a retest of the breakout zone. Summary: USD/JPY shows bullish momentum with a breakout. Look for a retest for a better entry, targeting 161 with proper risk management. DYOR, NFA
Long
by unichartz
1
USDJPYHere 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. 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 151.800 after making its correction down to 150.400 . Scenario 1: SELLS from higher levels (153.300) We are at 153.300. That would confirm our pullback to the uspide and as long as it’s respected, we should continue to the downside to our next KL (Key Level) sitting at 150.400. Scenario 2: SELLS from 150.400 We dropped down to our Key Level 150.400 . If broken we should see more sells down to our targeted zones 149.500 - 149.000 . Scenario 3: BUYS from 154.700. We broke above 154.700 and are trading above it. We should see more upside potentially reaching new highs at around 158.800 . Personal opition: The direction for now is unclear until we break our mentioned key levels. A safe sell trade could be taken at 153.000 - 153.300 . Be patient and stay tuned for updates on this pair. KEY NOTES - USDJPY breaking below 150.400 would confirm sells down to 149.500 - 149.000. - USDJPY failing to break above 153.300 would confirm sells. - Breaks above 154.700 would show signs of reverse and could potentially rise up to 158.800. Happy trading! FxPocket
by FxPocket
USDJPY - Short active !!Hello traders! ‼️ This is my perspective on USDJPY. Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. I expect bearish price action as price rejected from bearish OB + institutional big figure 154.000. As well we have hidden divergence for sell. Fundamental news: On Wednesday (GMT+2) we will see results of Interest Rate on USD and on Thursday on JPY, news with high impact on currencies. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
USDJPY BUY | Idea Trading AnalysisUSDJPY is falling towards a support level which is a pullback support and could bounce from this level to our take profit. We expect a decline in the channel after testing the current level which suggests that the price will continue to rise Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity USDJPY I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Long
by TheGrove
6
#USDJPY Taking a closer look at the USD/JPY pair on the 1-hour timeframe, the current price action highlights a significant area of interest that could dictate the next move in the market. The momentum appears to be building around this key zone, offering potential opportunities for both intraday traders looking for quick gains and scalpers aiming to capitalize on shorter movements. Whether it leads to a breakout or a reversal will depend on how the price interacts with these critical levels, making patience and confirmation essential for executing a well-timed and calculated trade.
by SadarExplore
USD/JPY: Fundamental Analysis and Potential UpsideUSD/JPY: Fundamental Analysis and Potential Upside 1️⃣ Monetary Policy Divergence: The Federal Reserve's hawkish stance continues to bolster the USD, driven by strong economic data such as robust GDP growth and resilient labor markets. Inflation pressures remain persistent, keeping rate cuts off the table. The Bank of Japan’s dovish policies—including negative interest rates and yield curve control—keep the yen under pressure. Although recent inflation data has sparked speculation about potential shifts, the BOJ remains committed to its accommodative stance for now. 2️⃣ Interest Rate Differentials: The widening gap between U.S. and Japanese interest rates attracts investors to the USD, encouraging carry trades that favor the dollar over the yen. 3️⃣ Rising U.S. Treasury Yields: Higher U.S. bond yields make the dollar more attractive, amplifying upward momentum in USD/JPY. 4️⃣ Risk Sentiment: Global markets currently exhibit improved risk appetite, which weighs on the safe-haven yen. However, shifts in geopolitical or financial stability concerns could reverse this dynamic. 📊 Outlook: USD/JPY's upward trajectory is fueled by strong fundamentals, but traders should remain vigilant for signs of BOJ intervention or major shifts in global risk sentiment. Like and follow for more insights! 🌟
Long
by alakorn_FX
USDJPYM1 : bearish IMB failing to Hold, Heading towards High W1 : Consolidation D1 : Uptrend 4H : Shifted from Bearish to Bullish And pulled back to 50% Leg 1H : Bullish Narrative : * Monthly is heading towards the high, Weekly and Daily looks a bit Consolidation. * 4H and 1H has shifted from bearish to bullish and 15 Minute also Shows bullish shift in market structure. We can potentially open Long position on Monday Open one Position On Market Execution and another position on 1H OB if price comes to fill the order to the OB.
Long
by nptrade24
Could the price bounce from here?US Dollar Index (DXY) is falling towards the pivot which is an overlap support and could bounce to the 1st resistance which acts as an overlap resistance. Pivot: 106.35 1st Support: 105.22 1st Resistance: 108.55 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
TVC:DXYLong
by ICmarkets
Fundamental Market Analysis for November 22, 2024 USDJPYHigher market sentiment and rising US bond yields are limiting the rise of the low-yielding yen. The US Dollar is holding near its highest level in the last year and is providing support to the USD/JPY pair. The Japanese Yen (JPY) attracted buying for the second day in a row following the release of slightly better-than-expected Japanese consumer inflation data. This came amid statements released on Thursday by Bank of Japan Governor Kazuo Ueda, which kept expectations of an interest rate hike in December. In addition, Japanese Prime Minister Shigeru Ishiba's 39 trillion yen economic stimulus package boosts the Yen and puts some pressure on the USD/JPY pair. Nevertheless, the prevailing risk-on and higher US Treasury yields keep traders from aggressive bullish bets on the low-yielding Yen. Investors remain concerned that U.S. President Donald Trump's policies could lead to renewed inflation and force the Federal Reserve (Fed) to slowly cut interest rates. This has been a key factor in the recent rise in US bond yields, which has kept the US Dollar (USD) near yearly highs and provided support to the USD/JPY pair. Trade recommendation: Watch the level of 154.00, trading mainly with Buy orders.
Long
by Fresh-Forexcast2004
USDJPYUSDJPY . Potential long opportunity. After USDJPY has made its correction down to the trend line , the pair is still following the structure and still remains bullish . While USD is still “the best performing currency” at the moment, we can also take that into consideration for the bull move we are anticipating. If our SL is hit, the pair would be breaking structure and make deeper pullbacks in the price. Our SL (Stop Loss) is sitting at 153.758 . An important KL (Key Level) we have to look at is 155.626 . If the KL is broken to the upside, we would see our TP (Take Profit) hit, which is sitting at 157.865 . PARAMETERS - Entry: 154.815 - SL: 153.758 - TP: 157.865 KEY NOTES - USDJPY made it’s pullback down to our trend line. - Breaks below our SL would result in lower lows. - Breaks above our KL would result in higher prices and hitting our TP. Happy trading! FxPocket
Long
by FxPocket
3