Get started

Japanese Yen / U.S. Dollar

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

JPYUSD trade ideas

USD/JPY Analysis: Pair Reaches 5-Month HighUSD/JPY Analysis: Pair Reaches 5-Month High The Japanese yen remains under pressure, trading near a five-month low against the US dollar. This trend is primarily driven by differences in monetary policy approaches. On one side, the Federal Reserve maintains a hawkish stance, signalling a gradual slowing of monetary easing in 2025. On the other, the Bank of Japan continues its cautious approach to policy tightening, as confirmed by a Reuters report published today. Although Japan’s Finance Minister issued warnings this week about potential market interventions, these statements have had little immediate impact. According to technical analysis of the USD/JPY chart, the pair is trending within a well-defined upward channel (marked in blue) with the following notable developments: → In September, the psychological level of 140 yen per dollar served as strong support for bulls, while in December, this shifted to 150 yen per dollar (as indicated by arrows). → Since September, price movements have established a steeper upward channel (highlighted in purple). → The pair has now reached the median line of the longer-term blue channel, suggesting a potential for more stable trading. This stability may also be supported by reduced trading activity during the holiday season. The current price action mirrors the conditions seen in summer 2024, when the pair steadily rose toward the critical level of 160 yen per dollar. As we enter early 2025, bulls may once again test this key threshold, seeking to push the pair higher. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice
by FXOpen
2
USDJPY:Breakout and Retest Strategy with Key Level and IndicatorFX:USDJPY USD/JPY: Breakout and Retest Strategy with Key Levels and Indicators Analysis: Price Action Strategy: Break of Structure (BOS): The chart shows multiple BOS levels, indicating significant price movements. The first BOS is around 157.173, and the second BOS is around 157.793. Equal Highs: The price has formed equal highs around 158.000, suggesting a potential resistance level. Swing High and Swing Low: The swing high is at 157.793, and the swing low is at 157.173. Smart Money Concepts (SMC): Order Blocks: The chart shows potential order blocks around the BOS levels, which can act as support and resistance zones. Liquidity Zones: The equal highs around 158.000 indicate a liquidity zone where stop orders might be placed. ICT Strategy: Fibonacci Retracement: The Fibonacci levels (0.382, 0.5, 0.618, 0.705, 0.786) are drawn from the swing high to the swing low, indicating potential retracement levels. Volume Profile: The volume profile shows high trading activity around 157.793 and 157.173, indicating strong support and resistance levels. Indicators: RSI: The RSI is currently around 55.68, indicating a neutral market condition. MACD: The MACD shows a potential bullish crossover, suggesting a possible upward movement. Volume: The volume bars indicate increased trading activity around the BOS levels. Buy Signal: entry: 157.793 tp1: 158.000 tp2: 158.500 sl: 157.173 Sell Signal: entry: 158.000 tp1: 157.793 tp2: 157.173 sl: 158.500 Follow @Alexgoldhunter for more strategic ideas and minds
by Alexgoldhunter
I'm Bullish on USDJPY | FundamentalInstitutional Momentum: On Dec. 19, USD/JPY trading volume surged to $23 billion, and options activity targeting 160-165 exploded, signaling institutional confidence in further upside. Why I'm Buying Now? The market is aligned with my thesis: hedge funds are piling into bullish USD/JPY positions, and the technical and fundamental setup supports further upside. While intervention risks exist, they’re manageable below 160, making this an ideal opportunity to capitalize on macro and market momentum.
Long
by nexmartin
USD/JPY – Just One Step Away from a Drop!Dear Traders, After a notable rally late last week, USD/JPY appears to have lost its momentum. Observations suggest that Wave 5 has completed, paving the way for a potential corrective decline, which aligns perfectly with the classic wave structure. We can now anticipate a downward correction, likely targeting the 155.95 zone initially. Following this, we might see further bearish consolidation below this level, aiming for the liquidity area around 152.85, a region that buyers have yet to revisit, and is currently taking shape. Remember, this is just the starting point of our analysis journey. We will provide regular updates so you can stay informed and adjust your strategies accordingly. Stick to the plan and trade carefully!
Short
by Bentradegold
2
The USD/JPY pair fell following the release of Tokyo CPI dataThe Japanese Yen strengthened against the U.S. Dollar on Friday. The USD/JPY pair declined after recent gains as the Yen gained strength following the release of Tokyo’s Consumer Price Index (CPI) inflation data. This data is expected to support the Bank of Japan in raising interest rates in January. The Tokyo CPI inflation rate rose to 3.0% year-on-year (YoY) in December, up from 2.6% in November. Meanwhile, the Tokyo CPI excluding fresh food and energy increased by 2.4% YoY in December, compared to 2.2% the previous month. The Tokyo CPI excluding fresh food also rose by 2.4% YoY in December, slightly below the expected 2.5%, but higher than the 2.2% recorded in November. From a technical chart perspective, the USD/JPY pair tested the resistance level of 158.05 but failed to sustain that price and dropped to the support level of 157.58. If there are no significant movements ahead, this pair could continue to decline toward the previous support levels of 157.33 and 156.96.
by Alisa_Rokosz
Fundamental Market Analysis for December 27, 2024 USDJPYThe USD/JPY pair is losing stability near 157.750 during the early Asian session on Friday, following the release of Tokyo Consumer Price Index (CPI) inflation data.The Japanese yen (JPY) rose after the data was released. Trading volumes are likely to be low ahead of the New Year holiday next week. The Statistics Bureau of Japan released data on Friday showing that Tokyo's core CPI rose to 3.0% y/y in December from 2.6% in November, while Tokyo's consumer price index excluding fresh food and energy was 2.4% y/y in December from 2.2% previously. The reading is likely to encourage the Bank of Japan (BoJ) to continue raising the interest rate in January. Last week, BoJ Governor Kazuo Ueda stated that the central bank anticipates the Japanese economy will move closer to meeting the BoJ's 2 per cent inflation target sustainably next year. Ueda added that the timing and pace of adjustments in the degree of monetary accommodation will depend on future developments in economic activity and prices, as well as financial conditions. Regarding the US dollar, the anticipation of a reduced number of rate cuts by the US Federal Reserve (Fed) may offer near-term support.The Fed reduced interest rates by a quarter point at its December meeting and has revised its forecast for 2025, predicting just two rate cuts, down from an initial estimate of four. Trade recommendation: We follow the level of 158.000, if it is fixed above we consider Buy positions, if it bounces back we consider Sell positions.
by Fresh-Forexcast2004
USDJPY H1 I Bullish Bounce off ?Based on the H1 chart analysis, we can see that the price is falling to our buy entry at 157.32, which is an overlap support that closes to the 38.2% Fibo retracement. Our take profit will be at 158.07, which is a swing high resistance level. The stop loss will be placed at 156.68, which is a pullback support close to the 61.8% Fibo resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
USD/JPY - Target Hit!📈 USD/JPY - Target Hit! 🎯🚀 The bullish breakout on USD/JPY has successfully hit the key target zone of 156.667, as anticipated in our previous analysis. Momentum remains strong, paving the way for potential further upside! 🔍 Key Highlights from the Recent Move: 1️⃣ Bullish Breakout Confirmed: The pair held strong above the critical support of 152.175, validating our bullish outlook. Price surged past 156.724, achieving our projected target zone. 2️⃣ Momentum Drivers: Trading firmly above the 50-day Moving Average, reinforcing the upward trend. Increased buying pressure from institutional levels continues to support higher moves. 3️⃣ Next Potential Levels: With momentum intact, the next resistance zones to watch are 160.926 and 161.615. Breakout above these levels could signal a new bullish wave. 🚨 Risk Management Reminder: As always, ensure stop-losses are placed effectively below key support levels (152.000) to mitigate risks. 🔥 Conclusion: USD/JPY remains in a bullish zone, and we’re keeping an eye on the 160.926 - 161.615 levels for the next breakout. Stay tuned for more updates and precise setups to capitalize on market opportunities! 🔔 Follow us for more actionable insights and timely updates! 📊✨
Long
by mywork072
#003 DCA NEW2 USDJPY LONG Up TrendAdd : 5D range, higher high higher low, strongest trending pairs. (This should be what I have said instead, but I haven't been taking any trades for awhile so I forgotten what I would want to say in every trade I take.) 2316SGT 26122024 --- Trend is in an obvious up, and higher high and higher low as in. So, Long when trend is up. Short when trend is down. Avoid trading into ranging and major support and resistance areas. Scale in when price goes in our favour. DCA when price goes against our favour. Use 5 Day range and line chart. DCA at major levels only, and not every minor and micro support and resistance level. GBPAUD trade still intact as price is ranging. 2303SGT 26122024
Long
by ProfessionalDuckHunter
USDJPY Under Pressure! SELL! My dear subscribers, This is my opinion on the USDJPY next move: The instrument tests an important psychological level 157.85 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 154.68 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
USDJPY → Consolidation in the buying zone FX:USDJPY continues its bullish rally on the background of growing dollar. The fundamental background is on the side of the dollar, which is generally a negative factor for the yen. Technically, the price is still inside the uptrend. Moreover, the currency pair is breaking the flat resistance and after the correction and false breakout, it is consolidating above 156.75. If the bulls hold the defense above this level, the currency pair will head towards 160-162 in the medium term. The technical and fundamental background is on the side of the buyer. Resistance levels: 157.76, 160 Support levels: 155.88, 154.5 Price consolidation above 156.76 and further breakdown of the local maximum will provoke active purchases, which may lead the price to the targets indicated on the chart. Regards R. Linda! Happy Holidays and a productive 2025!
Long
by RLinda
2
USD/JPY Outlook: Strong Support at 156.08, Targeting 159.00The USD continues to maintain its strength as the Fed keeps interest rates high to control inflation. With expectations that the Fed will maintain this policy for at least the next few months, the USD will continue to have an advantage in competition with other currencies, including the JPY. This supports the USD/JPY in maintaining its upward trend. Looking at the technical chart, with an important support level at 156.08, this will provide momentum for the pair to continue growing and possibly break through the nearest resistance level at 157.69. Once this level is breached, the pair is likely to experience a strong upward movement, with the next target at 159.00. Traders need to closely monitor the signals from the Fed and BOJ in their upcoming policy meetings, and use key support and resistance levels to make informed trading decisions.
by Alisa_Rokosz
2612 USDJPY still got more than 400 pips up to rise!Hello traders, The latest speech by Bank of Japan Governor Kazuo Ueda stated: ★ Even if the economy and prices improve, maintaining the current low interest rates could make monetary policy too loose. An overly loose monetary environment may force the Bank of Japan to significantly raise interest rates, which would be detrimental to long-term economic growth. The timing and pace of further adjustments to monetary support will depend on the economic, price, and financial conditions at that time. ★ If monetary policy remains too loose, it may force the Bank of Japan to raise interest rates quickly, which would have a negative impact on sustainable economic growth. ★ There is a high level of uncertainty regarding the overseas economic outlook, especially concerning the economic policies of the incoming U.S. administration. U.S. policies could have a significant impact on the global economy and markets, so the effects on the Japanese economy and prices must be studied carefully. Interestingly, this statement was interpreted by the market as "a cautious attitude towards changing interest rate policy," meaning that the Bank of Japan may not raise interest rates in the near term. Following the speech, the dollar-yen exchange rate rose by 0.1%. However, before the December monetary policy meeting, about 86% of economists surveyed by the media indicated that the timing for raising interest rates has matured. The Japanese inflation data released on Thursday was not ideal: - November CPI rose 2.9% year-on-year, accelerating from October's 2.3%; - November CPI (excluding fresh food) rose 2.7% year-on-year, up from a previous value of 2.3% and an expected value of 2.6%; - November CPI (excluding fresh food and energy) rose 2.4% year-on-year, compared to a previous value of 2.3%. The CPI growth reflects that the impact of government energy subsidies and rising food prices is gradually fading, and potential inflationary pressures in Japanese society are building up. In this context, is the market's understanding of the Bank of Japan's speech as "not preparing to raise interest rates" and continuing to implement a loose monetary policy overly optimistic? Technically, USDJPY is still running above EMAs on daily chart. I would really like to wait for a retest of red EMA and reentre to long this pair again, up to target FIBO EXT 1.27 161.50. What is your plan ? Happy new year! LESS IS MORE!
Long
by FUNTRADER-Vera
USDJPY H1 I Bearish Drop Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 157.32, which is an overlap resistance. Our take profit will be at 156.68, a pullback support level close to the 50% Fibo retracement. The stop loss will be placed at 157.92, which is a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM