USDJPY (Is the whole world scramble for collateral?)
View On USDJPY (19 Apr 2023)
UJ is in
* Uptrend in short term (Intraweek)
* Uptrend in Mid term (Intramonth)
* Uptrend in Long term (Last 3 months)
Now UJ has managed to stay above 130 and we need to watch 134.8x region closely.
Once the break out is strong, we shall easily see 136 region.
140 will be the next.
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Usdjpylong
USDJPY | Perspective for the new week | follow-up detailsThe Yen rose 0.3%, as Japan's core consumer price index inflation remained steady in March from the prior month, at 3.1% hereby confirming that inflation still remained above the BOJ’s 2% annual target and with a series of high-impact macroeconomic events from the Japanese docket in the coming week, we could have some prominent price movement ahead and post the events. Events unfolding from the US docket, especially from Fed officials; insinuates that US interest rates will likely rise further even as economic activity cools. This video illustrates the technicality surrounding price action in the last couple of weeks for an insight into the possibilities of both buyers and sellers in this market in the coming week(s).
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
USDJPY Top-down analysisHello 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.
USD/JPY Surges to 135.00 as BOJ Maintains Dovish PolicyThe USD/JPY pair has surged to near the crucial resistance of 135.00 after the Bank of Japan (BoJ) announced a continuation of ultra-loose monetary policy and stability in Japanese Government Bonds’ (JGBs) yields band to maintain an expansionary policy stance. BoJ Governor Kazuo Ueda has confirmed that the central bank will take additional easing steps without hesitation as needed while striving for market stability.
TRADE IDEA DETAILS
Currency Pair: USD/JPY
Current Trend: ↗️Bullish
Trade Signal: ↗️Buy
👉 Entry Price: Above 135.37
✅ Take Profit: 137.00, 137.91
❌ Stop Loss: Below 134.00
Additionally, the USD Index has jumped above 101.76 due to the delay in the US debt-ceiling proposal and pre-Federal Reserve (Fed) policy anxiety among investors. The recovery in appeal for US equities, led by strong quarterly performances by technology companies, has contributed to the recovery of the majority of losses generated in the Asian session, as portrayed by S&P500 futures.
#USDJPY #ForexTrading #BankOfJapan #MonetaryPolicy #AscendingTriangle
USDJPY - Long for a new high ✅Hello traders!
‼️ This is my perspective on USDJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect price to continue the retracement to fill the imbalance lower and then to reject from bullish order block. My target is new BOS above last high + imbalance.
Fundamental analysis: Tomorrow we have news on USD, will be released quarterly GDP, but on Friday we have release of Policy Rate and BOJ Press Conference in Japan. Pay attention to this news, as they could invalidate the analysis.
Like, comment and subscribe to be in touch with my content!
USDJPY, the 2 setups I'm watching for.USDJPY / 4H
Hello traders, welcome back to another market breakdown.
USDJPY has rejected resistnace, and support, and right now is stuck inside a channel that might develp to a bear flag as well.
I'll be watching for the scenarios on lower time frame to get my confirmation.
Trade safely,
Trader Leo.
Beautiful Buy Setup - Bullish Flag Pattern USD/JPY A very clean buy setup has presented itseld on USD/JPY. We can see a clear bullish flag pattern form right within a discounted Fibonacci retracement zone. We can also see price is respecting the 78.60% very nicely & the lower region of the flag pattern trendline.
USDJPY: The next direction?When the dust settles, the Fed is set to continue raising rates
In the event that the Fed meeting took place today, they would likely maintain current interest rates due to lingering doubts about the stability of banks. However, there is a possibility of a rate hike of 25 basis points if the upcoming weekend is calm and there are no urgent efforts to save any banks. The Fed tends to increase rates until they encounter a problem. In the event that the only issue is with SVB, persistent inflation may result in additional rate hikes. This will strengthen the US Dollar and eventually lead to a decline in stocks once the temporary relief rally associated with the absence of new bank failures subsides.
USDJPY: Long Opportunity, Repeating the Same Bullish Pattern?Hello Fellow Global Forex Trader, Here's a Technical outlook for USDJPY!
Price Action Analysis
1. On the H4 Timeframe, USDJPY is moving above the bullish trendline and EMA200 after creating a rebound on the support area
2. USDJPY made a descending broadening wedge pattern two times
3. The recent breakout of the pattern could indicate a possible bullish bias ahead
The Momentum Indicator
Stochastic is made hidden bullish divergence pattern, hidden bullish divergence confirmed a potential upside movement to the target area.
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/support area.
Support the channel by smashing the rocket button and sharing your opinions in the comment below!
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the USDJPY"
USDJPY I Are you bearish or bullish?Welcome back! Let me know your thoughts in the comments!
** USDJPY Analysis - Listen to video!
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🧅USDJPY 22 Apr 23Simple Technical
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Simple Fundamental
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Simple Set up
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🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice
🧅JUST AN OPINION OF THE ONION.🧅
USD/JPY could repeat an uptrend just like last yearHello traders:
USDJPY was stable and low volatile in how the wealthy grew in 2022. Is this trend underway again recently as most western stock markets have flatlined? They may start to decline, and the US dollar could strengthen just like in 2022. What do you think? Are we repeating next year at all?
USDJPY | Perspective for the new week | follow-up detailsThough within a range, the US dollar was able to incite bullish traction last week as the 131.000 level remains a zone for buying power and a strength for the Dollar is likely following the Federal Reserve Governor Christopher Waller's comment on more monetary tightening despite evidence of a steady drop in inflation figures. Higher interest rates tend to benefit the dollar and this could incite a bullish trend in the coming week(s) which could lead to the break of the 133.800 barrier. From a technical standpoint, this video illustrates what we are going to be looking at in the coming week to either buy or sell the USDJPY.
Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
Potential to Go Long but need confirmation!! Just wanted to share my humble opinion and correct me if I'm wrong... Base on my technical analysis USD/JPY will continue to go up as Bull 🐂 uptrend... .
NOTED : Relying on a single indicator cannot ensure profitable trades, as the market environment is always changing and uncertain. To make sound trading decisions, it is essential to take into account other important factors such as fundamental analysis, market sentiment, and risk management.
Keep us all safe and Happy Trading!!
🙏👍
Bullish outlook on USDJPY - 21 April 2023Price is testing a key support zone at 133.80 on the H4 timeframe, which is in line with the 38.2% Fibonacci retracement. A throwback to this zone could present the opportunity to ride the bounce to the resistance zone at 135.20, which coincides with the 50% Fibonacci extension level and graphical high. Price is holding above the Ichimoku cloud and Stochastic RSI is in the oversold region below 20, supporting our bullish bias.
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS#USDJPY
- As of last day, the MARKET SENTIMENT for USD was slightly UP SIDE. The main reason for that is the JPY starting to weaken a bit and the short-term POSITIVE SENTIMENT against the dollar. Because it came with the NFP REPORT. The dollar weakened slightly after the FOMC last time. But the FED can raise the RATE HIKE or their CEILING RATE whenever necessary. Anyway, it was mentioned in the previous MEETING that the FED is still MONITORING INFLATION DATA.
- All MARKETS including STOCKS and COMMODITIES are going down slightly due to MARKET RISK OFF.
- There is definitely a high chance that USDJPY will go UP a bit more and move to 142.35 LEVEL. Anyway, the price of USDJPY can go down to 133.00 LEVEL before that. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
USDJPY: The fulcrum for the uptrend!Hello trader, i bring you some useful information!
Recent statements from Japan's monetary authorities indicate that there may be a renewed push to weaken the country's currency, following a period of three months of easing or "recharging". Despite the Bank of Japan maintaining its current monetary policy, the yen could still face increased pressure due to a more intense interest rate differential game. This game is expected to be even more aggressive than it was a year ago, as the yield spreads between Japan and the US have increased for both short and long-term yields. Japan now has an opportunity to devalue its currency in order to support its exporters, something it was unable to do during the previous decade of zero interest rates.
BoJ not changing policy, intensified interest rate differential game
USDJPY top-down analysisHello 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.
USDJPY, Time to reverse? USDJPY / 4H
Hello traders, welcome back to another market breakdown.
USDJPY is showing signs of either a trading range or a second leg up based on the monthly chart.
This is an update on the last idea shared with the aggresiive entry model. For conservative entry, I'm waiting for the pair to clean the high first which will confirm another break of structure. Then, I'll study the pull-back.
Trade safely,
Trader Leo.