Sell USD/JPY Channel BreakoutThe USD/JPY pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. OANDA:USDJPY
Key Points:
Sell Entry: Consider entering a short position around close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 148.82
2nd Support – 148.18
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Best Regards, KABHI FOREX TRADING
Thank you.
Usdjpyshort
USDJPY CHART UPDATESUSD/JPY is anticipated to experience heightened volatility as key economic events unfold. With market participants closely monitoring fundamental drivers, the pair may test critical support and resistance levels. Patience and precision will be essential as traders await potential breakout or reversal signals in the coming sessions...
USD/JPY - H1 - Bearish Flag The USD/JPY pair on the H1 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Flag pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 150.80, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 149.20
2nd Support – 148.50
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
Scenario on USDJPY In this market, I'm going exactly according to plan. The market turned beautifully at the fibo level of 0.786 and continued according to the previous prediction according to the bearish scenario. This chart today is just about adjusting the level. Now I'm waiting for a return to the price level of something around 152. If the price rejects, there is a potential entry into the short.
#UASJPY: Swing Selling is in progress, Are we heading Bears Era?Dear Traders,
Hopefully, you having a great weekend so far, we have a great opportunity on USDJPY, possible a total bearish meltdown on all the jpy pairs especially with UJ, we are on the verge of collapse. At the moment we expect price to do a small correction before it drops further. At this correction we may expect price to reverse nicely. We expect this idea to be activated by Friday when we will be having a last nfp data of the 2024. Decembers are known for bears control over jpy pairs.
thank you ;)
USD/JPY - H4 - Channel Breakout The USD/JPY pair on the H4 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel Breakout pattern. This suggests a shift in momentum towards the downside in the coming Days.
USDJPY
Key Points:
Sell Entry: Consider entering a short position around the current price of 154.00, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 151.30
2nd Support – 149.82
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
USDJPY: Bearish Break in FocusHello Traders,
Below is my analysis of USDJPY currency pair from H1 perspective.
Trend & Sentiment
USDJPY is in a strong downtrend, forming lower highs and lows. The recent break below 153.819 confirms bearish momentum, with sellers firmly in control.
Key Levels
Resistance: 153.962 (Minor), 154.653 (Major)
Support: 153.276
Possible Movement
Bearish Continuation: Likely toward 152.466 (target) as long as the price stays below 154.653.
Retracement Risk: Minor resistance at 153.962 may cap any short-term bounces.
Reversal Signal: A break above 154.653 could shift momentum to bullish.
Conclusion
The outlook remains bearish with a focus on 152.466, while resistance at 154.653 defines the trend's invalidation point.
Do let me have your thoughts.
Cheers and happy trading!
USDJPY. The Japanese Yen (JPY) extends its steady intraday descent against its American counterpart, pushing the USD/JPY pair to a fresh weekly top, closer to mid-155.00s heading into the European session on Wednesday. This comes on the back of the previous day's turnaround and supports prospects for a further JPY depreciation on the back of the uncertainty over the timing of another interest rate hike by the Bank of Japan (BoJ).Bank of Japan Governor Kazuo Ueda earlier this week warned against keeping borrowing costs too low and signaled another interest rate increase, was vague on the timing and offered no hints about a hike in December.Meanwhile, rebounding US Treasury bond yields revive the US Dollar (USD) and further contribute to driving flows away from the lower-yielding JPY. Apart from this, a generally positive risk tone seems to undermine the safe-haven JPY and suggests that the path of least resistance for the USD/JPY pair is to the upside. That said, intervention fears could limit JPY losses ahead of speeches from influential FOCM members.
USDJPY: Anticipating a Bearish Move After Key Resistance TestUSDJPY is shaping up for a potential short setup, but patience is key as we wait for price to hit a critical resistance zone. Let’s break it down:
The Setup
Price is currently on a bullish push, targeting the highlighted zone at 154.332.
This resistance level is a key area where sellers could regain control. Once price enters this zone, I’ll be watching closely for signs of exhaustion or reversal to enter short.
The Plan
1️⃣ Entry Zone: I’m looking to go short from the 154.332 area, anticipating that the bullish momentum will lose steam here.
2️⃣ Stop Loss: My stop loss is placed at 155.397, safely above the resistance to protect against invalidation.
3️⃣ Take Profit: My primary target is the 152.242 support level, offering a solid risk-to-reward ratio.
Why This Makes Sense
This setup combines structure and momentum. The resistance at 154.332 aligns with previous price reactions, making it a strong area to expect sellers to step in. By positioning in this zone, I’m aiming to catch the reversal early without waiting for traditional confirmation.
Mindset Tip:
"It’s not about chasing trades; it’s about letting the market come to you. Know your levels, define your risk, and trust your process."
USD/JPY Analysis: Fundamental and Technical Outlook FX:USDJPY The recent price action in USD/JPY, characterized by a significant break through the upper pitchfork boundary with substantial momentum and volume, suggests an important moment for the currency pair. This technical development aligns with several fundamental factors influencing both the U.S. dollar and the Japanese yen.
Technical Analysis:
Breakout Confirmation: The breach of the upper pitchfork boundary indicates strong bullish momentum. However, to validate this move, it's essential to observe whether the price can sustain above this level or if it will retest and potentially fall back into the previous channel.
Key Support and Resistance Levels:
Support: The 150 level serves as a critical support. A decline below this threshold could signal a return to the long-term consolidation range between 80 and 150, which persisted for 27 years prior to 2022.
Resistance: If the price reclaims the upper channel, we may see the continuation of the uptrend with huge momentum.
Fundamental Analysis:
Bank of Japan Hawkish Stance: The BOJ has recently adopted a more hawkish tone, hinting at potential policy tightening. Governor Kazuo Ueda has indicated progress toward sustained wage-driven inflation, suggesting that interest rate hikes could be on the horizon.
Japanese Intervention: Japan’s Finance Minister has expressed concerns over excessive yen depreciation, hinting at possible intervention if the yen weakens too much. This stance aims to prevent the yen from falling to levels that could harm the economy by increasing import costs.
Federal Reserve's (Fed) Dovish Shift: In contrast, the U.S. Federal Reserve appears to be concerned with the current economical development, especially about the unemployment level, with discussions around more potential rate cuts emerging. This dovish outlook is influenced by concerns over rising U.S. debt levels and a slowing economy.
U.S. Debt: The U.S. is grappling with escalating debt, with the debt-to-GDP ratio nearing 100%. This situation is reminiscent of the economic conditions preceding the DotCom Bubble from 2000, raising concerns about potential economic instability. Not mentioning that the US credit card debt is record high.
More to read about this:
nypost.com
www.wsj.com
www.marketwatch.com
www.cnbc.com
Outlook:
The convergence of these technical and fundamental factors suggests that USD/JPY may not revisit recent highs in the near term. Instead, the pair could stabilize within the 140-150 range as the market seeks equilibrium amid contrasting monetary policies and economic conditions in the U.S. and Japan.
Risk Management:
Given the inherent volatility and unpredictability of forex markets, it's crucial to implement robust risk management strategies. Market dynamics can shift rapidly, and while current analyses provide a framework, they are not guarantees of future performance. Always conduct thorough research and remain adaptable to changing market conditions.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always perform your own analysis before making trading decisions.
Fundamental Market Analysis for November 19, 2024 USDJPYThe Japanese yen (JPY) rose against its US counterpart during Tuesday's Asian session, although it lacked bullish confidence amid uncertainty over the timing of the Bank of Japan's (BoJ) next interest rate hike. In addition to this, risk-on sentiment reflected in the overall positive tone in the equity markets may be contributing to the safe-haven yen's decline.
That said, geopolitical risks and lower US Treasury yields could prevent a significant downside for the low-yielding yen. In addition, speculation that Japanese authorities may intervene to support the national currency may deter bears from aggressively betting on the yen. The focus will now shift to Japan's consumer inflation data and global PMIs due out later this week.
Japan's Economy Minister Ryosei Akazawa said Tuesday that “it is crucial to raise wages for all generations with an economic package.”
He also noted that he is “aiming for the cabinet to approve the economic package soon.”
At the time of writing the analysis, the USD/JPY pair is consolidating on the latest round of declines just above the 154.10 level, having lost 0.36% on the day.
Trade recommendation: Trade mainly with Sell orders from the current price level.
Sell USD/JPY Bearish FlagThe USD/JPY pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Flag pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 154.42, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 153.18
2nd Support – 152.55
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
USD/ JPY ! 11/14 ! JPY value will increaseUSDJPY trend forecast November 14, 2024
The Japanese Yen (JPY) remains under selling pressure during the Asian session on Thursday, helping USD/JPY reach the 156.00 level for the first time since July 23, supported by a strong US Dollar (USD). Market sentiment suggests Japan’s political climate may hinder the Bank of Japan (BoJ) from further tightening its policy, which weakens the JPY. Additionally, worries about potential trade tariffs from US President-elect Donald Trump add further pressure on the Yen.
The dollar is benefiting from the new president trump FOMO, but it is cooling down soon.
The Japanese yen also has new moves with the new prime minister, helping the value of the Japanese yen increase further.
/// SELL USD/JPY : zone 156.100 - 156.400
SL: 156.700
TP: 40 - 100 - 200 pips (154.400)
Safe and profitable trading
USDJPY - Long active !!Hello traders!
‼️ This is my perspective on USDJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long. I expect bullish price action as we can see a rejection from bullish OB + trendline + level 154.000.
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USDJPY PANIC CYCLEUSDJPY is currently in the last year of the five-year cycle, repeated throughout this market's entire life cycle. The five-year cycle starts with a 4-year bull market and a 1-year panic correction. Should the 161.951 current top hold we would expect price to accumulate around the 151 price zone preparing for a quick decline toward the 125.8 zone for a total price of -360 pts.
We expect Price to find support in August 2025. Considering both price and time our expected directional vector for the Five-year cycle will be 1695 units.
The directional Price-Time Vector for the Five-year cycles has been in a range from 1659-1716 units. With the bull phase within a range of 1385-1406 units.
A fractal nature has been observed in the 1903-1908 DJI market. The 1907 (rich man's) panic.
Trade safe
USDJPY BUY | Idea Trading AnalysisUSDJPY is moving UP.
The chart broke through the dynamic resistance, which now acts as support.
We expect a decline in the channel after testing the current level.
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.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
USDJPY: Ready for another 1500 pip move? Presidential election in the US, which was one of the most important political events this year, moved the stock market to significant highs, historically speaking. The new rally could weaken the dollar. On the Japanese side of things, the new bullish move might be starting soon. Now that we got the retracement back to our weekly area of interest, its time to start looking for short entries. Our area of interest consists of Fibonacci and VWAP levels.
This analysis is taught and provided by Fractals Trading.
Trade safely and expect the unexpected,
Mei