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.usdjpy confirm signal
Usdjpyshort
sell 154.92 and tp 152.10 with stop loss at 156.2..rr 2.5i sell it coz even when dollars down he not down and so many ti_me BOj talk about to intervene.
i think they will do soon and if not a big pullback have to happens
u can put ur stop lost at 155.6 if u want a bertter RR but i scare about a big leg up
💡 USDJPY: Analysis May 23USDJPY has invalidated the doji signal and continued to increase in the past session. It has now approached the previous peak at 156.7, but has not yet shown a breakout signal. This price behavior is detrimental to our current selling strategy, but we still do not encourage you to change tactics because the risk of exchange rate intervention from the BoJ is still present and the price has not yet reached its peak. than. Brothers continue to hold existing short positions, SL placed above level 156.7. In case the price continues to go up and breaks this barrier, you should temporarily stop trading and wait for new signals.
💡 H1 trend: Sideway
Today trading idea: Sell.
USDJPY to remain mixed and volatile?USDJPY - 24h expiry
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
As this corrective sequence continues we look to set shorts on a rally at better risk/reward levels.
The hourly chart technicals suggests further upside before the downtrend returns.
Risk/Reward would be poor to call a sell from current levels.
Bespoke resistance is located at 156.30.
We look to Sell at 156.30 (stop at 156.90)
Our profit targets will be 154.80 and 154.50
Resistance: 156.30 / 156.80 / 157.60
Support: 155.30 / 154.50 / 153.70
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USDJPY Bearish ContinuationThe USD/JPY is one of the sell pairs we have from the portfolio selection we did yesterday.
The Major pull for us thinking of shorting this pair is the wave structure (3) Momentum Low; this price point has over 70% probability that at some time in the future, the price will come back there after a retracement.
On Friday,15-minute timeframe, we saw a breakdown which signifies a continuation of the downtrend.
Here are the key prices we should be looking at:
Sell Below: 155.60
Sell Confirmation: 155.24
Stop Loss: 156.02
Sell target T1 152.85
USDJPY SELL | Idea Trading AnalysisUSDJPY returned to the ascending channel and reached the dynamic 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 SELL 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 signal 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.
USDJPY SELL OPPORTUNITY Again USDJPY is giving us a Christmas gift with awesome reversal point. Clean H4 FVG, range below the main trendline, fibonacci reversal level (50-61.8 zone) and bearish divergence on H4 timeframe. Everything is good to hold USDJPY till the level 146.5 where we will probably have a strong rejection. It will need some weeks, probably months, but we will get there
💡USDJPY: Analysis May 14USDJPY increased yesterday, and bar D1 yesterday closed beyond the previous Inside bar pattern, creating a breakout to establish a new high, continuing the push to the bottom. This breakout could add further upside momentum to USDJPY D1. Structurally, USDJPY D1 is still moving sideways in the main price increase in D1.
USDJPY H1 broke out of the accumulation price range to set a new high price peak, returning to the short-term upward price trend. However, right now USDJPY H1 is starting to be overbought - overbought - because the price has exceeded the upper boundary. At this time, you should not buy to chase, but should wait for the recovery period to decline before buying USDJPY H1. The buy zone for the day is the round number 156.00 + the upward sloping trend line at the bottom. If this zone is broken down, USDJPY H1 will weaken and serve as a basis for the idea of waiting to sell later.
H1 trend: USDJPY increases.
Today's trading idea: Buy USDJPY.
USDJPY: The Japanese yen was little changedThe Japanese yen turned into little changed
The Japanese yen turned into mildly unstable on Monday, with USDJPY soaring simply under 156.
The recognition stays on any capability authorities intervention to assist the currency, after at the least instances of intervention in early May. The authorities is stated to have stepped in to deliver down the USDJPY charge from highs maximum in 34 years over one hundred sixty.
While one hundred sixty is taken into consideration the restrict for the authorities, analysts warn that intervention should nonetheless show up earlier than that.
Sell USDJPY Channel BreakoutThe USD/JPY pair on the M30 timeframe presents a potential shorting opportunity due to a recent downward breakout from a well-defined bearish channel pattern. This breakout suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming hours.
Key Points:
Sell Entry: Consider entering a short position (selling USD/JPY) below the broken support level of the channel, ideally around 155.60 after confirmation of the breakout. This offers an entry point close to the perceived shift in momentum.
Target Levels: Initial bearish targets lie at the previous support levels within the channel, now acting as potential resistance zones:
154.74: This represents the first level of support within the channel.
154.27: This is a further extension of the downside target, based on the height of the recent price movement before the breakout.
Stop-Loss: To manage risk, place a stop-loss order above the broken support line of the channel, ideally around 156.60. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Thank you
USDJPY Friday planUSDJPY is on the way to perform a massive drop on the long term, but actually i am looking to scalp it on this boring friday. I am waiting a possible long setup, that could start with a little drop till the support zone 154.75, and here i expect a bounce. Only if the price will start to bounce there, i will look for a long tomorrow, at the beginning of the NY session
Timing the BOJ's next intervention? We have seen 2 interventions from the BOJ over the past 2 weeks.
The first came when the USDJPY hit between 158.000 and 160.000 and the second when it hit almost 158.000.
With the BOJ warning that it is ready and willing to step in again, how smart is it to try to catch the ride down if or when the BOJ steps in again?
Finance Minister Shunich Suzuki reiterated the authorities' readiness to counter excessive foreign exchange fluctuations.
At the same time, Bank of Japan Governor Kazuo Ueda expressed intent to assess yen movements' impact on inflation for guiding policy decisions. "Foreign exchange rates make a significant impact on the economy and inflation,” Ueda underscored in response to questions in parliament yesterday. But this is perhaps a slightly different story, but still, something for traders to consider.
Last week, BOJ data suggested it had spent $60 billion to defend the yen.
But all this has done, according to some analysts, is buy the Japanese authorities time, with the USDJPY steadily climbing back to intervention levels (given the substantial interest rate difference between Japan and the US).
But can we expect the BOJ to intervene again and again?
US Treasury Secretary Janet Yellen emphasized interventions should be infrequent and ideally coordinated with the broader central banking community, or at least signaled in advance. So, the BOJ will be wary of its international reputation too.
USD JPY signal 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.
USDJPY → Huge Fall from 160.000 Heading for 148.000!?USD/JPY raced to test 160.000 last week and as expected, had a massive sell-off that ended Friday just below the 152.000 breakout area. Should we still be long? Or is it time to get short?
How do we trade this? 🤔
The question in my last analysis was are we in for a hard sell-off? And should we buy these pullbacks? The conditions we see today change the perspective on buying the pullbacks. That wasn't just any sell-off, that was a hard rejection and reversal pattern.
The sell-off from 160.200 dropped nearly 600 pips in 8 hours. This was followed by a meandering pullback toward the previous candle close high of around 158.400, which ended in another massive drop to 153.100. We then had a final bear push just below the breakout level of 152.000.
We can read this a couple of ways, the first is that this is our re-test of the breakout area as I expected two analyses ago where I expected a confirmation of the 152.000 area as support before making it to 160.000:
However, we never tested 152.000, we went to 160.000 in rapid fashion first. Such volatility is a sign of a reversal or at least, a push below the breakout level. We have a rough double-top from the initial sell-off, then its follow-up, followed by a third push to the breakout point.
We're three pushes up after the 152.000 breakout, a massive sell signal and follow-through at the 1990 Key Resistance Level of 160.400, and we've closed below the 4HR 200EMA. A similar pattern played out in October 2022 with some slight differences as seen here:
October 2022 Pattern:
This was the first time we touched 152.000 and had a massive sell-off, followed by the same meandering pullback to the 4HR 30EMA, which acted as a rough head-and-shoulders reversal pattern. However, the close was below the 4HR 30EMA on the pullback and above the 200EMA on the first bounce. This time, the pullback went above the 4HR 30EMA to touch the channel top and then closed below the 4HR 200EMA.
That last point is a key difference. Both instances are clear reversal signals with follow-through, but the 160.000 rejection was much stronger with a close below the 4HR 200EMA. If the price comes back up to test that 200EMA and gets rejected, that's our signal to short. I would then be targeting levels below 152.000, where the price previously met resistance, which will now likely act as support. Those levels are 150.800 and 148.800.
It's very possible we fall much further. But I recommend waiting for that rejection from the 4HR 200EMA and then short 1:2 Risk/Reward to those two key levels. It would be reasonable to swing 25%-50% of your position to lower levels if the price action warrants it. If the price does not get rejected at the 4HR 200EMA, we need to wait and see if the bullish pressure resumes and adjust our bias accordingly. We are still in the channel, the confirmed break below is what we need to justify getting short.
💡 Trade Idea 💡
Short Entry: 153.550
🟥 Stop Loss: 155.800
✅ Take Profit: 149.050
⚖️ Risk/Reward Ratio: 1:2
🔑 Key Takeaways 🔑
1. Three pushes up after the 152.000 breakout to the key level of 160.400
2. Strong rejection and follow-through back down to the 152.000 level
3. This strong volatility at the end of a trend is a sign of a reversal
4. Enter a 1:2 Risk/Reward trade down to 149.050. Potentially swing some of your position lower.
5. RSI at 35.00 and below the Moving Average, supports pullback before fall.
💰 Trading Tip 💰
The longer a trend continues after 3 legs, the probability of that trend continuing lessens. Because of this decreased probability, we ought to reduce our risk when entering trades and start looking for reversals.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
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USD/JPY & GBP/USD UpdateUSD/JPY
The secondary trend on the USD/JPY has printed a trend-changing pattern after breaking above the pullback structure.
This move gives us a piece of crucial information, that we can buy at the low after the current wave structure is complete.
Currently, our high probability trade is selling now to buy later.
GBP/USD
The Cable is bearish because we have seen three trend-changing patterns that constitute a downtrend in the GBPUSD.
Overall the major trend is now resuming to the downside and we want to sell every rally that failed to make a Higher high.
💡 USDJPY: Analysis May 7USDJPY is still continuing to adjust upward as expected, currently the important conversion resistance level around 156 is being approached, this is the price area where we are looking to sell, please pay attention to the signals here as the price approaches, Consider reopening short positions if reliable bearish signals appear, especially on the daily frame.
USDJPY SELL 156.00 - 156.20
TP: 155.50
SL: 156.55
USD/JPY Bearish Scalping Money heist planMy Dear Robbers / Traders,
This is our master plan to Heist Bearish side of USD/JPY based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Short entry, Our target is Green Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback happens at the level Bear Robbers / Traders gain the strength. Be safe and be careful and Be rich. when market break the dynamic support it will continue to go down down. Loot and escape at the target🎯.
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Yen Wobbles, Gold Gleams: A Stirring in Global Currency MarketsThe foreign exchange market witnessed a tug-of-war this week, with the Japanese yen (JPY) taking center stage. Speculation surrounding potential intervention by Japanese authorities to prop up the weakening yen against the US dollar (USD) sent ripples through the currency landscape. Meanwhile, the US Dollar Index (DXY), a broad measure of the greenback's strength, dipped, impacting the price of gold, which became more attractive to some buyers.
The Yen's Woes: Intervention or Market Forces?
The Japanese yen has been on a depreciating streak recently, driven by a widening gap between Japanese and US interest rates. Japan's central bank, the Bank of Japan (BOJ), maintains an ultra-loose monetary policy with near-zero interest rates, while the US Federal Reserve is signaling a more hawkish stance with potential interest rate hikes on the horizon. This disparity makes yen-denominated assets less appealing to investors seeking higher returns, pushing the yen's value down.
The recent rumors of intervention suggest that Japanese authorities are concerned about the rapid depreciation of the yen. A weaker yen can be a double-edged sword. While it makes Japanese exports more competitive in the global marketplace, it also pushes up the cost of imported goods, leading to potential inflationary pressures within Japan.
Intervention's Effectiveness: A Double-Edged Sword
Currency intervention involves a central bank buying or selling its own currency to influence its exchange rate. In this case, buying yen would aim to strengthen it against the dollar. However, the effectiveness of such interventions depends on various factors.
• Market Sentiment: If the market heavily anticipates further depreciation, a one-time intervention might have a limited impact. The BOJ would need to signal a sustained commitment to supporting the yen for a more significant effect.
• Ammunition: Intervention requires significant financial resources. The BOJ's foreign exchange reserves would play a crucial role in its ability to sustain intervention efforts.
The Greenback's Sway: DXY Dips, Gold Gleams
The US Dollar Index (DXY) gauges the value of the US dollar relative to a basket of major currencies, including the euro (EUR), the Japanese yen (JPY), the British pound (GBP), and others. This week's dip in the DXY indicates a weakening of the US dollar against this basket of currencies.
This can be attributed to several factors, including:
• Profit-taking: After a period of strength, some investors might be taking profits from their dollar-denominated holdings.
• Global Risk Aversion: Increased global uncertainty due to geopolitical tensions or economic concerns can lead investors to seek haven currencies, potentially weakening the dollar.
Gold's Allure: A Beneficiary of a Weaker Dollar
Gold is often perceived as a safe-haven asset during times of market volatility or economic uncertainty. When the US dollar weakens, gold becomes cheaper for buyers holding other currencies. This week's dip in the DXY could be contributing to some increased interest in gold.
However, gold's price is influenced by various factors beyond the dollar's strength. Interest rates, inflation, and investor sentiment all play a role.
Looking Ahead: A Dynamic Landscape
The global currency market remains a dynamic environment, and the events of this week highlight how various factors can interact and influence exchange rates. The future direction of the yen and the DXY will depend on a combination of economic data releases, central bank actions, and broader market sentiment.
Here are some key factors to watch in the coming days:
• BOJ Policy Statements: Any signals from the BOJ regarding potential adjustments to its monetary policy could impact the yen's valuation.
• US Economic Data: Upcoming US jobs reports and inflation data can influence the Federal Reserve's monetary policy decisions, potentially impacting the DXY.
• Geopolitical Developments: Global events with significant economic implications can trigger market volatility and impact currency valuations.
By staying informed about these developments, market participants can make informed decisions about their currency positions and potentially take advantage of market opportunities.
Do you remember it? USDJPYMy old friend finally decided to listen to me and make a good drop. More is coming of course, and i expect a reclaim of the 146.000 level sooner or later (probably before june). I placed another sell limit at 154.500, in case will see a spike to liquidate some shorts. Holding all for the long term