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Usdjpyshort

USDJPY → Trade Analysis | SELL SetupHello 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. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Short
by TheGrove
9
USDJPY: Japan resolves currency concerns with the USThe US greenback has visible wide appreciation this year, in large part because of expectancies of a put off withinside the Federal Reserve`s circulate to reduce hobby rates. However, the yen and received have weakened appreciably towards the greenback in comparison to maximum different currencies. Following the joint statement, the yen noticed a healing as markets predicted feasible intervention, even as the received additionally stabilized. The communicate included loads of topics, together with cooperation towards "monetary coercion and overcapacity in key sectors" with the aid of using different countries, a message simply aimed toward Beijing. Still, the forex difficulty has attracted good sized marketplace interest and is a political victory for Japanese Prime Minister Fumio Kishida, who's grappling with low approval rankings because the price of residing rises. High. In Japan, actual wages fell for 23 consecutive months thru February, regardless of large groups supplying pay increases. A vulnerable yen worsens the state of affairs for a rustic that is based closely on imports including gas and food.
Short
by Chart_MasterPro
2
USDJPY capitulates before BOJ blows up this summerThe FED is either: A. Going to be hawkish and provoke a mini-meltdown before another FED speaker comes out next week and hints at rate cuts in June for sure. B. Going to be dovish Either way, USDJPY will fall to 97 area, bringing a roar of inflation back into the limelight. People will think it's the death of the dollar, but what happens here is the opposite everywhere else since the dollar TVC:DXY is the reserve currency. This means when the dollar comes down, inflation goes up HERE - which means everyone else experiences DEFLATION. Deflation will force higher unemployement and a destruction of their foreign export base which is everyone. This will force them (especially the BOJ) to print their own currency forcing the dollar higher up past 140-160+. This will explode the foreign currencies with ours being last. By this time there will be enough chaos that the central bankers will hope people will clamour for their enslaving CBDC's which allows them to have negative interest rates based on social credit scores.
Short
by EmptyEternity
2
usdjpy signalUSD/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. The Japanese Yen remains depressed near a multi-decade low amid the BoJ’s dovish outlook. Reduced Fed rate cut bets lift the USD to a fresh YTD top and further lend support to USD/JPY. Intervention fears and a softer risk tone could help limit deeper losses for the safe-haven JPY. From a technical perspective, the recent breakout through a short-term trading range hurdle near the 152.00 round figure and the subsequent move up was seen as a fresh trigger for bullish traders. That said, the Relative Strength Index (RSI) on the daily chart is flashing overbought conditions, making it prudent to wait for some near-term consolidation or a modest pullback before positioning for any further gains. Meanwhile, any meaningful corrective slide below the 154.00 mark is likely to attract fresh buyers and remain limited near the 153.40-153.35 region.
Short
by Mark804
SHORT USD/JPY from 153.91Since the open last night USD/JPY has pushed stronlgy higher, so much so that the price has already reached the WR1 weekly pivot. Its a never ending mystery to me why everyone doesn't use weekly pivots as they are lines of interest on the charts known at the start of the week and when price reaches weekly support (WS1) or weekly resistance (WR1) there's a high chance buerrs ar sellers will be lying in wait. Usually price hits these pivot levels during the week and its unusual to see the price reached before lunch on Monday (if you're in the UK). Its not a hard and fast rule that price will always reverse when it hits WR1 or WS1 (we'd all be millionaires if it did) so we need other confirming signs that the price may reverse. ON this pair: a). we have a pinbar followed by 3 dogi indecision candles on H1. b). RSI has been over 70 for the last 6 hours and is beginnign to decline. c). The fast MA on MACD is weakenig and heading south (we haven't crossed the slow MA so its not certain we are heaed lower d). The R/R is massive as we can get a STOP on this trade just above the WR1 pivot at 154.05 (14 pips). e) Target could be anything and will depend on what happens in 40 minutes when get Core Retail Sales, Retail Sales and Empire State numbers but initial target is the 200 EMA on H1 at 152.42 (+149 pips) e). The green BUY line of the Andean Oscillator has crossed south over the signal line and the red SELL line has risen from zero. f). The entire structure is an M-Top on the 15m time frame. With luck I can get this trade at b/e before the news at 13:30. If the news comes out in green numbers then this trade is doomed but if the print misses then we should see USD/JP decline by 100 pips at least over the next 24 hours.
Short
by forextraplaces
Usdjpy signal USD/JPY is sitting at multi-decade highs shy of 154.00 in the European session on Monday. The Japanese Yen continues to be undermined by the BoJ’s uncertain outlook about future rate hikes. Intervention fears and persistent geopolitical tensions could help limit losses for the safe-haven JPY. From a technical perspective, the post-US CPI breakout through a two-week-old trading range resistance near the 152.00 mark favors bullish traders. That said, the Relative Strength Index (RSI) on the daily chart – though it has eased from higher levels – is hovering near overbought territory. This makes it prudent to wait for some near-term consolidation or a modest pullback before positioning for any further appreciating move. In the meantime, the multi-decade high, around the 153.25-153.30 region, now seems to act as an immediate hurdle, above which the USD/JPY pair could aim to reclaim the 154.00 round figure. On the flip side, any meaningful corrective decline below the overnight swing low, around the 152.75 zone, is more likely to attract fresh buyers and remain limited near the trading range breakout point, now turned support, near the 152.00 mark. The said handle should now act as a strong base for the USD/JPY pair, which, if broken decisively, might prompt some profit-taking and pave the way for a slide towards the 151.40 intermediate support en route to the 151.00 round figure. Some follow-through selling will suggest that spot prices have topped out in the near term and shift the bias in favor of bearish traders. 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. Confirm Chart
Short
by JohnHarry_7
usd jpy buy USD/JPY ascends following a US inflation report indicating reacceleration, challenging levels that might prompt intervention. Rising inflation figures push Treasury yields higher and boost the US Dollar. Market anticipates future Fed actions with keen interest in upcoming monetary policy minutes. From a technical standpoint, the USD/JPY is trading at levels that were seen in the 1990s. With the major extending its gains past 152.00, that exposes as the next resistance level, the June 1990 highest peak at 155.78, followed by the 1990’s high at 160.32. On the flip side, the first support would be the psychological 152.00 level, followed by the Tenkan-Sen at 151.77 and the April 5 low of 150.81. 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.
Short
by Mark804
USD/JPY back in a strong resistance zone - SHORT from 151.90I'm SHORT USD/JPY for the following reasons: a). Price is back at a confirmed area of resistance last hit on 3rd April and 27th March b). The Andean Oscillator on 15m time frame has seen a rise of the red SELL line and is now reading .0082 having been at .0027 previous candle and .0010 candle before that having been reading zero for several bars. c). Andean Oscillator has just signalled a BUY trade on EUR/USD, GBP/USD suggesting the USD is losing support. d). Andean Oscillator is suggesting a SELL on USD/CAD confirming that the USD is coming under SELLING pressure. e). Price has broken the 20 EMA on 15M and is pushing through the 50 EMA f). MACD is signalling SELL as the fast MA has croseed south under the slow MA. g). RSI has been decling for the last 4 bars having reached the resistance zone. Taken all together this looks a decent SELL trade though we do not have as many confirmations as we would like but as there's a natural STOP just above the recent high and this STOP is just 10 pips above our entry then the reward for this trade should the selling pressure on USD increase is potentially very good as our initial target would be WPP mid pivot/200 EMA at 151.48. There is an absense of news this week until Wednesday when US CPI numbers are printed so the market will drive the price over the next several sessions.
Short
by forextraplaces
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. The Japanese Yen struggles to capitalize on the overnight modest uptick against the USD. The BoJ’s dovish stance undermines the JPY, though intervention fears limit the downside. Reduced bets for a June Fed rate cut should lend support to the Greenback and USD/JPY. Once surpassed, the next support emerges at the Senkou Span A at 10.17, followed by the Kijun-Sen at 149.23. Further weakness in the pair could send it toward the Senkou Span B at 148.93, well inside the Ichimoku Cloud (Kumo). Confirm signal
Short
by JohnHarry_7
usdjpy shortUSD/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. The Japanese Yen fails to lure buyers despite intervention fears and the risk-off impulse. The BoJ’s cautious outlook continues to undermine the JPY and lend support to USD/JPY. Reduced bets for a June Fed rate cut lift the USD to a multi-week top and act as a tailwind. From a technical perspective, the range-bound price action witnessed over the past two weeks or so might still be categorized as a bullish consolidation phase against the backdrop of the recent rally from the March swing low. Moreover, oscillators on the daily chart are holding comfortably in the positive territory and have also eased from overbought conditions, suggesting that the path of least resistance for the USD/JPY pair is to the upside. That said, it will still be prudent to wait for a move beyond a multi-decade high, around the 152.00 mark set last week, before positioning for any further gains.
Short
by Mark804