USDJPY | Perspective for the new week | Follow-upThe USDJPY landscape is a complex interplay of monetary policy divergence between the US and Japan, actively influencing the Yen's weakening. Yet, optimism surrounding the peak of US interest rates introduces an intriguing caveat to the Greenback's ascent. Federal Reserve minutes unveiled this week emphasize a consensus among committee members about "significant upside risks to inflation", amplifying the allure of further tightening.
Amid robust economic data – particularly retail sales – a compelling case for heightened tightening unfolds. Meanwhile, market participants exercise caution, mindful of potential FX intervention by the Bank of Japan (BoJ), evoking memories of last year's intervention triggered by similar price action levels.
The yen's depreciation heightens vigilance, with traders poised for possible Japanese authority intervention. As attention shifts to Jackson Hole, Wyoming, where top central banks gather annually, all eyes are on Fed Chair Jerome Powell's upcoming speech. Anticipated next Friday, Powell's address is a golden opportunity for insights into the interest rate outlook, potentially laying the groundwork for the Fed's next policy steps.
USDJPY Technical Analysis:
In this video, we conduct an in-depth technical analysis of the USDJPY chart, carefully examining the current market structure. Our primary focus is still within the key zone of 145.000, which will serve as our center of focus ahead of the upcoming week. As price action remains within this zone, it becomes an area of interest that has led to choppy consolidation before a clear direction emerges. The market's reaction around this area at the beginning of the new week will heavily influence the trajectory of price action in the days to come.
Join me on this journey as we explore potential trading opportunities using trendlines, key levels, and chart patterns. Be sure to stay connected to my channel, follow my updates, and actively engage in the comment section as we navigate the dynamic USDJPY market together.
Wishing you the best of luck as you chart your course in the USDJPY market this week.
Disclaimer Notice:
Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy.
It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances.
Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it.
Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
Usdjpyshort
"USDJPY: Bearish Momentum Gaining Ground 📉🐻""Deciphering USDJPY's Bearish Move: Insights from Smart Money on H4 📉🐻
Unlocking the intentions of the smart money players, a meticulous analysis of USDJPY's H4 timeframe reveals a compelling story of bearish momentum gaining strength.
📊 **Smart Money Blueprint**: The high time frame (H4) serves as our canvas to interpret the movements of institutional players. A bearish structure is unmistakably emerging, reflecting the strategic decisions of those who influence larger market movements.
📉 **Gradual Descent**: The H4 chart showcases a series of lower highs and lower lows, characteristic of a bearish trend. This meticulous pattern speaks volumes about the deliberation behind each price movement, hinting at a concerted effort to drive prices downward.
📈 **Trading Opportunity**: Armed with these insights, traders are positioning themselves for potential bearish trades. The identification of key resistance-turned-support levels becomes crucial as the price tests these critical zones.
💡 **Smart Money Wisdom**: It's not just about spotting patterns; it's about deciphering the intentions of institutional investors. The bearish structure on H4 signifies a calculated move, possibly tied to broader market sentiments.
🚧 **Risk Reminder**: Trading carries inherent risks. This analysis serves as educational information and isn't financial advice. Always conduct your research and consider seeking professional guidance before making trading decisions.
As we navigate the USDJPY landscape, the bearish undertones on the H4 timeframe offer a glimpse into the minds of the smart money players. 📉🐻 #SmartMoneyInsights #USDJPYAnalysis"
USD JPY SHORTRisk 0.5%
TP1 = 1:1.5 RR
Disclaimer:
The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A full version of the disclaimer is available in our profile description.
(USDJPY) : Great opportunity to SELLHello guys, I hope you're all doing well. The main reason that convinced me to go for a short position is that the USDJPY respects 146.5 resistance level (in my opinion) and I think it will fall all the way down to 141.699. But keep in mind that if USDJPY breaks the resistance, it must reach 150.1.
May you all be PROFITABLE,
USDJPY Possible Reversal
OANDA:USDJPY has been on an uptrend for the past few weeks, but a Head and Shoulder pattern has been detected on the 1-hour chart.
Additionally, inflation in the US is decreasing, which could potentially impact the USDJPY pair.
If the Head and Shoulder pattern breaks below the resistance zone of 145.0 - 144.9, there is a possibility that the price could continue to move downward.
USDJPY - Long after filling the imbalance ✅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 a long position, if price makes a retracement to fill the imbalance lower and then rejects from bullish order block + institutional big figure 144.000.
Like, comment and subscribe to be in touch with my content!
USDJPY I Potential area to LONG this weekWelcome back! Let me know your thoughts in the comments!
** USDJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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USDJPY HIGHER CONTEXT IDEASBase on distribution while approaching to its supply of last october 2022 @ 147.500 zone
Distribution comes with buying climax, as I refered ideas before a breaker order block.
Now were approaching the highs called Automatic rally/reactions.
wait below for secondary test, price would break 145.070 on our breaker block high,
after the break, price could make a possible H&S for pattern traders, but it will just react below its demand zone to baits for sellers. and retest back again on its previous AR zone until it reach the 147.500 possible supply.
FOr a better trading wait for that zone. with stoploss above the highs of october 2022.
Trade base on your own decissions, this is not a financial advice, follow for more.
If you want to copy my ideas just give some credit..thanks.
Im not following anyone on this platform, I analyze base on my understanding on markets.
For validity of this setup , see it for yourself in the futures.
Thank you and happy 400+ followers.
USDJPY 4H Pivot Price:144.69USDJPY
stabilizing above 144.96 will support rising to touch 145.50 then 146.11 then 146.92
stabilizing under 144.69 will support falling to touch 144.03 and then 143.33
Pivot Price:144.69
Resistance prices: 145.50 & 146.11 & 146.92
Support prices: 144.03 & 143.33 & 142.45
timeframe:4H
USDJPY | Perspective for the new week | Follow-upThe USDJPY market sentiment is undergoing a captivating transformation, edging from neutral to bearish, with intriguing signs of bullish exhaustion surfacing.
The Japanese currency is on the rise, gaining traction as Bank of Japan (BoJ) comments reveal plans to widen the benchmark 10-year Japanese Government Bonds (JGB) from 0.5% to 1.0%. This move has propelled Japanese yields to their highest levels since 2014, sparking anticipation of a potential pivot by the BoJ. However, the Yen remains vulnerable unless the bank takes decisive action. Currently, there's a prevailing perception that the BoJ's hawkish signals and surging Japanese yields might curtail the pair's gains in the foreseeable future.
As we journey through the US economy's realm, recent developments have dealt a blow to the bulls. The lower-than-expected increase in Nonfarm Payrolls, with a mere 187,000 new jobs reported in the July jobs report, has significantly impacted investor sentiment. The implications of Fitch's downgrade of the United States government's long-term debt rating further add complexity to the picture.
Amidst this intricate landscape, all eyes now turn to the upcoming week, where no high-impact events are expected from Japan's economy. Traders are keenly observing US economic indicators for pivotal signals that could shed light on the likely direction of prices. The BoJ's hawkish stance continues to play a major role in shaping the currency's trajectory.
USDJPY Technical Analysis:
In this video, we conduct an in-depth technical analysis of the USDJPY chart, carefully examining the current market structure. Our primary focus is within the key zone of 142.000, which will serve as our center of focus ahead of the upcoming week. As price action remains within this zone, it becomes an area of interest that could lead to choppy consolidation before a clear direction emerges. The market's reaction around this area at the beginning of the new week will heavily influence the trajectory of price action in the days to come.
Join me on this journey as we explore potential trading opportunities using trendlines, key levels, and chart patterns. Be sure to stay connected to my channel, follow my updates, and actively engage in the comment section as we navigate the dynamic USDJPY market together.
Wishing you the best of luck as you chart your course in the USDJPY market this week.
Disclaimer Notice:
Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy.
It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances.
Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it.
Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.