USDJPY: The return of USD and the bad things of JPYAs Japanese authorities implement measures to safeguard the currency, USD/JPY experiences slight declines around 143.20 on early Thursday. The movements of this Yen pair are influenced by a combination of cautious optimism in the market and the US Dollar's retreat before several US economic indicators are released.
Earlier today, Kazuo Ueda, Governor of the Bank of Japan (BoJ), indicated an increased tolerance range for benchmark 10-year Japanese Government Bonds (JGBs) from 0.5% to 1.0%. This action has resulted in JGB yields reaching their highest point since 2014.
Usdjpylongsetup
Yen Hits 20-Year Historical Low with Loose Monetary Policy
The yen has just hit a 20-year historical low due to the implementation of loose monetary policies by the Bank of Japan. This development has significant implications for traders like yourself, and I firmly believe taking immediate action to safeguard your investments is crucial.
The Bank of Japan's loose monetary policy, aimed at stimulating economic growth and combating deflation, has sharply depreciated the yen. This depreciation trend is expected to continue in the foreseeable future, making it an opportune time for astute traders to consider adding yen to their long-term investment portfolios.
While this may seem like a lucrative opportunity, it is essential to approach this situation with caution. Currency markets can be highly volatile, and it is necessary to thoroughly analyze the risks involved before making any investment decisions. Therefore, I encourage you to consider the following points before taking any action:
1. Seek Expert Advice: Consult with financial experts or trusted advisors who deeply understand the currency markets. Their insights can help you navigate the potential risks and rewards of investing in the yen.
2. Conduct Comprehensive Research: Carefully analyze the current economic landscape, global market conditions, and geopolitical factors that may impact the yen's value in the long term. This will enable you to make informed decisions based on a holistic understanding of the situation.
3. Diversify Your Portfolio: While adding yen to your long-term investments can be advantageous, it is crucial to maintain a diversified portfolio. This ensures you mitigate risks and maximize potential returns by spreading your investments across different currencies and asset classes.
4. Set Realistic Expectations: Remember that currency markets are inherently unpredictable, and exchange rates fluctuate rapidly. Avoid making hasty decisions based solely on short-term gains and focus on long-term strategies aligning with your investment goals.
In conclusion, the yen's recent historical low presents an intriguing opportunity for traders to diversify their portfolios and capitalize on potential long-term gains. However, it is essential to approach this situation with caution, conducting thorough research and seeking expert advice before making any investment decisions.
Please note that this is not intended as financial advice but as an informative alert to keep you abreast of recent market developments. The investment decision should be based on your circumstances and risk tolerance.
If you have any questions or require further information, please do not hesitate to comment
USDJPY Long Term Selling Trading IdeaHello Traders
In This Chart USDJPY DAILY Forex Forecast By FOREX PLANET
today USDJPY analysis 👆
🟢This Chart includes_ (USDJPY market update)
🟢What is The Next Opportunity on USDJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
USDJPY-NEXT MOVE CAN BE 500+ PIPS ONEEveryone, hope you all having a great week, our march setup on USDJPY have been working out perfectly, price on daily timeframe have breakout the previous structure and apparently showing strong bullish sentiment. We need to wait for DXY to show bearish price sign, once we do. UJ will drop significantly.
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USDJPYUSDJPY, due to strong DXY, as we had explained in our previous USD pairs that we are expecting DXY to be bullish in upcoming days; so current approarch on USDJPY is bullish for another month or so, we will have to wait for price to complete the bullish price momentum. Once the price reach our area of entry we can enter the swing sell position for a nice 1000 pips. Always remember patience pays.
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Thank you as always, Happy Trading ;)
USDJPY – What's the intervention threshold? USDJPY – What's the intervention threshold?
In September of last year, the Bank of Japan (BOJ) made a move in the market to strengthen its currency when it reached 145 against the USD, marking the first such intervention since 1998. This action was taken following the BOJ's decision to maintain an extremely accommodative policy (a policy that is yet to change still). The BOJ intervened once more in October when the yen further plummeted to its lowest level in 32 years, reaching 151.94 against the dollar.
At present, investors hold a substantial short position in the yen, valued at $9.793 billion, representing the largest such position in the USDJPY since May 2022. This value has nearly doubled in just the past three months. Notably, former Japanese Vice Finance Minister Eisuke Sakakibara has suggested that the USDJPY could reach 160 before the BOJ intervenes once again.
However, the USDJPY has recently built a bit of a buffer between itself and whatever the intervention threshold is for the BoJ. Over the past two trading days, the US dollar has weakened, largely due to remarks made by Federal Reserve officials. These statements have strengthened the belief that the US central bank is nearing the end of its tightening phase.
It is widely anticipated that Fed policymakers will implement a rate increase during their upcoming meeting this month, which would set the policy rate range at 5.25% to 5.50%. However, the timing of any subsequent rate hikes remains uncertain. There are questions whether they will raise rates again in September, delay until November, or maintain the current stance and allow inflation to naturally subside over time.
Consequently, the US dollar has experienced a decline against the yen, reaching a low of 141.32 yen, the lowest level observed since June 21. Currently, it is down 0.5% at 141.328. This drop follows a decrease of nearly 1.3% seen last Friday when the US nonfarm payrolls for June fell short of market expectations at 209,000.
USDJPY Another 400+ Bull Move!!FX:USDJPY daily time price is currently consolidating which means we will have an ' price expansion'. This is strong size that buyers presence is still there in the market even after the 'CPI DATA' came out to be negative. Let's not miss out on this great buying zone.
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Exciting News! Yen Hits a New 7-Month Low Against the Dollar 🚀
The USD/JPY forex pair is currently on fire, and the low volatility in this trading duo presents us with an incredible opportunity to maximize our profits. This is the perfect time to jump into the action and ride the wave of success!
Why should you be thrilled about this news? Well, let me break it down for you:
1. Yen at a 7-Month Low: The Yen has reached its lowest point against the Dollar in the past seven months. This indicates a significant shift in the market dynamics, favoring the Dollar. The USD/JPY pair is ripe for exciting trading opportunities!
2. Increased Profit Potential: Low volatility in the USD/JPY pair means the price movements are relatively stable, making anticipating and capitalizing on market trends easier. We can seize this opportunity to maximize our profits with a well-informed strategy and careful analysis.
3. Favorable Trading Conditions: The current market conditions are highly advantageous for trading USD/JPY. The low volatility allows for smoother trading experiences, reduced risk, and better entry and exit points. It's like having the wind at our backs, propelling us toward success!
Now, here comes the exciting part – the call to action! I encourage you to seize this golden opportunity to start trading the USD/JPY forex pair with low volatility. Here's what you need to do:
1. Conduct thorough analysis: Dive into the market charts, study the trends, and identify potential entry and exit points. Knowledge is power, and the more informed you are, the better equipped you'll be to make profitable trades.
2. Develop a solid trading strategy: Craft a well-thought-out plan that aligns with your financial goals and risk tolerance. Use technical indicators, fundamental analysis, or expert advice to enhance your process.
3. Stay updated and connected: Monitor the latest market news, economic indicators, and potential events that may impact the USD/JPY pair. Stay connected with fellow traders, share insights, and leverage the power of collective knowledge.
Remember, success favors those who act. So, let's dive into the exciting world of trading USD/JPY with low volatility!
Feel free to reach out if you have any questions, need assistance, or want to share your trading experiences. Just comment away!
USDJPY: USD's miraculous recovery journey with JPY downturnS&P500 futures have recorded slight losses before the market opens as investors are being cautious about the upcoming speech by Federal Reserve (Fed) chair Jerome Powell at the European Central Bank (ECB) forum of Central Banking. Investor sentiment has become more risk-averse as they hope that Powell will continue to express a cautious stance.
The US Dollar Index has experienced a significant increase, supported by expectations of a cautious approach from Powell and stronger US Durable Goods Orders data. The US Census Bureau reported that Durable Goods Orders grew by 1.7%, surpassing the market's expectation of a 1% decline. This data for May has outperformed the previous figure of 1.2% in April.
Jerome Powell is expected to provide a cautious approach as core inflation in the US economy remains persistent and labor market conditions continue to be tight, despite higher interest rates and strict credit conditions set by commercial and regional banks.
On the other hand, a Reuters survey suggests that the Bank of Japan (BoJ) may intervene in foreign exchange (FX) movements if the Japanese Yen weakens to 145.00 against the US Dollar. Japanese Finance Minister Shunichi Suzuki reiterated his commitment to respond appropriately to excessive FX movements if necessary.
Later this week, the market will closely monitor Tokyo
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.
USDJPY: Economic volatility!During the Asian session on Wednesday, the USD/JPY pair faced selling pressure, causing a partial erosion of the previous day's gains that had exceeded the 144.00 level, reaching a new high since November 2022. The spot price is currently trading around 143.80, down nearly 0.20% for the day, although any significant downward adjustments still seem elusive.
Japanese officials continue to issue warnings against the recent weakness of the Japanese Yen (JPY), which is considered a key factor driving some long-term relaxation around the USD/JPY pair. In fact, Japanese Finance Minister Shunichi Suzuki stated on Tuesday that they will closely monitor the forex market with a sense of urgency and will react accordingly if currency movements become excessive. This warning was reiterated by top Japanese currency diplomat Masato Kanda earlier this Wednesday.
USDJPY: Breakout bullish channelEven if sellers break the immediate support level at 143.20, a two-week uptrend around 142.40 acts as an additional downside filter.
Notably, the upward sloping trendline from early May and the 200-SMA, near 140.80 and 139.40 respectively, serve as additional support levels for the bearish USD/JPY before taking control.
On the other hand, an eight-week-old uptrend, with a slowest near 144.30, limits the immediate upside of the USD/JPY pair.
We Could expect USDJPY to make a monthly higher higherThe reason why I am still firmly convinced that this movement is going to happen is supported by several compelling factors. Let's explore them in detail:
1.Non-commercials continue to aggressively add long positions in this currency pair. This indicates a strong bullish sentiment and suggests that these market participants have high expectations for its future performance. Their sustained interest and confidence in this pair contribute to my conviction.
2.Taking a closer look at the Monthly time frame, we can observe a clear and well-defined bullish structure. This pattern provides additional validation for the anticipated movement. The consistent upward trajectory of the price points towards a potential upward trend that could further strengthen the case for a positive outcome.
3.Another crucial aspect to consider is the unanimous agreement among all members of the Federal Reserve (Fed) regarding the likelihood of another interest rate hike. This collective stance underscores the consensus among policymakers that an increase in interest rates is imminent. Such a move is expected to bolster the value of the dollar, as it signifies a strengthening of the US economy and reflects the Fed's confidence in its monetary policies.
4.In contrast, the interest rate in Japan remains unchanged and continues to be in negative territory. This divergence between the interest rate policies of Japan and the United States further reinforces the potential for a favorable outcome in the currency pair. The persistent negative interest rate in Japan could lead to increased selling pressure on the yen, potentially benefiting the other currency in the pair.
Considering these factors collectively, it becomes evident why my conviction remains steadfast regarding the occurrence of this movement. The combination of aggressive long positions by non-commercials, a bullish structure on the Monthly time frame, the anticipated interest rate hike by the Fed, and the contrasting interest rate policies between Japan and the United States all contribute to a compelling case for the expected movement.
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.
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.
USDJPY SHORT TERM TRADE IDEAThe price is extremely bullish in all major time frames. If we look at the non-commercial's positions, we can see that short are aggressively increasing in JPY. Meaning JPY is getting weaker.
Monthly:
The price is in the retracement phase. If you take the fib form low to high of the retracement, .5 fib level is in confluence with important structure that the price respected.
Daily
The price created the 123-pattern stablishing a low. The price liquidated important sell side liquidity. We can expect the price to chase important buy side liquidity.
Non-commercials are aggressively adding shorts in JPY. This mean that they are selling the JPY aggressively. JPY long positions: 40,736 short: 136,929. Added last week short: 3,976 long: 19,509
As you can see short are way more and they keep aggressively adding more shorts.
USDJPY: Movements in a volatile market!The hurdle for raising rates this month is higher, implying fresh US Dollar falls
The Consumer Price Index (CPI) report is the final significant piece of information before the bank's decision. However, it's doubtful that it will alter the current situation. The bank's inclination to take a break, as indicated by May's Nonfarm Payrolls and echoed by Fed Chair Jerome Powell, suggests that they will stop raising interest rates. As bond markets haven't priced in this possibility entirely, there's potential for the US Dollar to weaken further in conjunction with returns on US debt.