USDJPY SellThe USD/JPY pair is approaching 134.50 amid the release of the dovish Bank of Japan (BoJ) minutes for the monetary policy meeting, announced last week on March 09. The last monetary policy announcement by ex-BoJ Governor Haruhiko Kuroda lacked surprises as a continuation of an ultra-dovish policy stance was highly required to keep inflation steady near desired rates.
The commentary in BoJ minutes that the central bank will continue with Quantitative and Qualitative Monetary Easing (QQE) with Yield Curve Control, aiming to achieve the price stability target of 2 percent, as long as it is necessary for maintaining that target in a stable manner, indicates that the ultra-loose monetary policy would stay for a longer period.
USDJPY main trend is still down. Currently on the h1 chart this currency pair is in a deep correction. Recommend waiting to sell down when the price returns to 135.00, SL: 135.60, TP: 134.00
Usdjpysell
USDJPY - Short active ✅Hello traders!
‼️ This is my perspective on USDJPY.
Here we are in a bearish market structure from H4 timeframe perspective, so I am looking for shorts. I expect bearish price action from here as price rejected from bearish order block + institutional big figure 135.000.
‼️Attention!!! Due to the fact that we have news events on USD tomorrow, the analysis can be invalidated.
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USDJPY SellUSD/JPY is down some 1.3% on the day and has fallen from a high of 135.05 to a low of 132.28 ahead of what will be critical data in the US Consumer Price Index on Tuesday. The US Dollar was pressured at the start of the week and in a continuation to the fallout from the Nonfarm Payrolls.
While the Nonfarm Payrolls showed robust jobs growth, the rise in the Unemployment Rate and signs of cooling wage inflation sent the greenback lower as investors started to trim bets that the Federal Reserve will raise interest rates as sharply. The United States added 311,000 payrolls in February and the unemployment rate rose to 3.6%. However, a survey of economists polled by Reuters expected the United States to have added 205,000 jobs last month and the unemployment rate to hold steady at 3.4%. Average hourly earnings rose 0.2% last month after gaining 0.3% in January, below expectations of 0.3%.
USDJPY h1 price is in a downtrend. After a correction at the end of yesterday, the price is now showing signs of continuing to go down. With this pair traders can sell to current price 133.18, SL: 133.90, TP: 132.00
#USDJPY- UPDATED 600 PIPS SELL SETUP!!Hey Everyone, as SVB banking crisis began FED had to get involved and market was too volatile since the morning and that is why some of the USD pairs had affected significantly, our last setup bounced and was +100 after the london session began price dropped significantly.
USDJPY : Short Trade , 4hHello traders, we want to check the USDJPY chart in the 4-hour time frame. After moving in an upward channel, the price has reached the key area of 137.500 and 138.000 and could not break this level, and this level caused a sharp drop in the price and the channel was broken. If the price can have a correction up to around 135.540, it seems that this level can play the role of a support level for us and be a good entry point to enter the sale transaction and the price will fall to the specified targets. Continue. Good luck.
USDJPY sell Entry : 135.540
Stop : 137.710 , Target1 : 133.400 , Target2 : 131.205
Risk/Reward Ratio : 2
USDJPY ShortUSDJPY hasn't shown much directional outbreak since the start of the year outside of the rare news release spike. Not necessarily a trader's market.
For now the price seems to be trending downward based on the hourly chart. Moving average shows a downward dominance and the DXY is showing signs of weakness which supports a short UJ.
Sell Entry: 135.700
Targets: 135.400 | 135.250 | 135.070 | 134.840 | 134.600 | 134.340
Support: 134.100
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USD/JPY: Bullish trend to continue
Keep an eye on US Treasury yields, as the two-year US bond yield rose to 5.085%, the highest in Asia, and currently stands at 5.062%; the Nikkei index closed up 0.5% at 28444.19 points.
The USD/JPY rose to 137.90 and then retreated, but still remains bullish;
The USD/JPY rose from the morning low of 137.10 in Asia to the highest of 137.90, and then softened slightly, but still leans towards an upward trend;
Stop loss is set above the strike price of 138.00 for large options, some of which will expire tomorrow. The USD/JPY is expected to test 138.00 and the high point of December 15th;
Given yesterday's big rise, some pullback is not surprising. However, Japanese importers and other participants are waiting for the pullback to buy back in. It is also recommended to wait for a correction after the pullback to continue buying, with a buying point of 136.40.
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USDJPY - Still bearish ✅Hello traders!
‼️ This is my perspective on USDJPY.
Here I still expect bearish price action as price formed huge H4 divergence which indicates bearish move, as well price could reject from bearish order block + institutional big figure 137.000.
‼️Attention!!! Due to the fact that we have news events on USD on Wednesday, Friday and JPY on Friday, the analysis can be invalidated.
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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 - Short active ✅Hello traders!
‼️ This is my perspective on USDJPY .
Here I expect bearish price action from here as price filled that huge imbalance and rejected from bearish order block + institutional big figure 137.000. As well we can see price formed a normal divergence which indicates bearish price action.
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USDJPY - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on USDJPY .
Here we are in a bearish market structure from daily perspective, so I am looking for shorts. I look price to continue the retracement to fulfill the imbalance and then to reject from bearish order block + institutional big figure 136.000.
‼️Attention!!! Due to the fact that we have news events on USD this week, the analysis can be invalidated.
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[UPDATE] Trade Triggered In We Go....Ok quick update on the idea posted last week as expected we got the move up to the 134 area and my TRFX indicator has just give a SELL signal giving us the green light to enter this position.
Stop loss is well above 136 the target as explained is the 125 area as the position moves in our favor we will be taking part profits and using a trailing stop. This position will likely take several weeks or maybe longer to play out with nearly 900 pips on profits on the table.
If you would like to know the full reasons behind this setup read the related post below.