USD/JPY PAIR GETTING CLOSE TO BOJ INTERVENTION....July 2024 last year after the YEN reached 161.96, the Bank Of Japan intervened which pushed the price down substantially. Look out for the same this year, set up limit orders to be prepared.
JPYUSD trade ideas
USDJPY Shorts Based on Current Re-DistributionBy combining Wyckoff and SMC principles we have a clear guide on what to expect, and what to do when it happens.
Patience is the name of the game, so set your alerts and hang tight until then.
- Option 2 could turn into a short term swing trade (until we reach daily demand levels)
USD/JPY AnalysisUSD/JPY technically is looking bullish and is ready to break the trendline.
I am seeing a buy position in it until the equal highs
OANDA:USDJPY
USDJPY BULLISH TRENLINEUSDJPY 4H strong uptrend line needs to be retested and could be a possible buy opportunity and low risk.
Good LUck
JPY/USD at a Decision Point: Breakout or Breakdown?JPY/USD is currently trading around 0.006451, sitting at a key decision zone. This consolidation signals an upcoming major move, depending on whether JPY/USD breaks out or gets rejected.
✅ Bullish Outlook
If JPY/USD breaks and holds above 0.006463, it could trigger a strong rally toward:
0.006471 - 0.006493 (Major resistance zone)
A breakout above this zone may lead to further upside momentum toward 0.006501.
❌ Bearish Outlook
If JPY/USD fails to break above 0.006463 and faces rejection, it may drop toward:
0.006450 (First key support)
0.006430 (Critical support area for a deeper correction)
🔥 Key Takeaway
The 0.006463 range is the decision point:
Breakout = Bullish Trend 📈 | Breakdown = Bearish Correction 📉
⚠️ Risk management is crucial – Always trade with caution and plan accordingly! 🚨
USD/JPY AnalysisUSD/JPY is approaching the red resistance zone. If the breakout is successful, the next target to watch is:
🎯 First Target: Green line level
Tokyo core inflation hits one-year high, yen lowerJapan's Tokyo's core inflation rate accelerated to 2.5% y/y in January, up from 2.4% in December and in line with market expectations. This marked the highest level since February 2024 and reflects rising inflationary pressure. Tokyo CPI jumped to 3.4% y/y, its highest in almost two years, as food prices rose sharply.
Tokyo core CPI is closely monitored by Bank of Japan policymakers and supports last week's central bank decision to raise interest rates by a quarter point to 0.50%. The current cash rate is far below other central banks but is the highest in Japan since the global financial crisis in 2008.The Japanese yen has reversed directions on Friday and has edged lower. In the European session, USD/JPY is trading at 154.73, up 0.28% on the day.
At the meeting, the BoJ revised higher its inflation forecasts and also hinted at further rate hikes. Deputy Governor Himino echoed this stance earlier this week, stating that the BoJ would consider further hikes if economic and inflation data continued to move in accordance with the Bank's projection. This flurry of hints about rate hikes is unusual for the BoJ, which tends to reveal little and keep speculators in the dark about its rate plans.
This secretive approach often results in sharp volatility from the yen after BoJ meetings, and Bank policymakers may be looking to avoid further sharp swings from the yen. It seems clear that further rate hikes are a question of time as the BoJ moves forward, albeit cautiously, towards normalization. The BoJ meets next on March 19 and investors will be looking for more clues about a possible rate hike at that time.
USD/JPY has pushed above resistance at 154.48. Next, there is resistance at 155.16
153.59 and 152.91 are the next support levels
USDJPY Long Opportunitywe see a clear price action, looks like a pullback takes London low and then continues the up trend
entry pot is a correlation of several tools ( vwap baseline, 15 min order block , 61% fib retracement) , let's see
USDJPY first target of dump is 147.00As we mentioned a lot we are still near major resistance zones and this dump is just started and this fall here is beginning of some major dump which will happen soon:
so the dump just started and let it fall for more couple of days or weeks.
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚
USDJPY Short the pair has been trading in a range recently, and a breakout could signal a significant move. With a key level to watch being 153.70. A break below this level could lead to further declines. On the upside, a break of the 156.74 resistance level could signal a bullish reversal.
USD/JPY UPDATE - Post FED AdjustmentDear Friends,
How I see it:
Pair shorted to TP1, area offered interim support.
New FMV - post FED adjustment.
Possible outcomes indicated with new targets.
Keynote:
High TF Bearish behavior -
1) Interim rally to fill imbalances?
or
2) Will bearish trend resistance be breached?
With the $ anything is possible, even though the Yen
is highly attractive for buyers at the moment.
Only time will tell, consistency in small increments will get you there!
Thank you for taking the time to study my analysis.
Fundamental Market Analysis for January 31, 2025 USDJPYThe Japanese yen (JPY) underwent heavy selling during the Asian session on Tuesday and pulled back from the six-week high reached the previous day against its US counterpart. Investors remain concerned about the potential economic fallout from US President Donald Trump's trade policies, which in turn undermines the Japanese yen. In addition, a good rebound in US Treasury bond yields was another factor pushing flows away from the low-yielding yen. The recovery of the US dollar is adding to the pressure on the yen, reducing its attractiveness.
Nevertheless, a significant decline in the yen seems unlikely amid bets that the Bank of Japan (BoJ) will continue to raise interest rates. On the contrary, the Federal Reserve (Fed) is expected to cut interest rates twice this year, which in turn could serve as a headwind for US bond yields, the dollar and the currency pair.
Investors continue to monitor developments, including upcoming speeches by Fed and BoJ officials, as well as the publication of key economic indicators that could affect the future dynamics of USD/JPY.
Trade recommendation: Trading mainly with Sell orders from the current price level.
USDJPY long positionEntry and targets are based on volume analysis for previous up and down extremes
Entry 154.55
TP 156.74
SL 153.70
USDJPY near key support USDJPY is close to a strong support at 154.55 with possible reverse to 156.74 level. Breaking down well target 153.30
LONG POSITONMonthly, weekly and Daily timeframe on ascending, on 4H strong resistance level is broken for the continuation of the bullish movement. I'm waiting for the pullback to the W pattern neckline on 4H before I enter buy position.
Yen Set for Weekly Gain Amid BOJ Signals and Strong Data The Japanese yen strengthened to 154 per dollar on Friday, set to end the week and month higher as expectations grow for more BOJ rate hikes. BOJ Deputy Governor Himino signaled further hikes if economic growth and inflation stay on track.
Friday’s data showed Tokyo’s core inflation hit an 11-month high of 2.5% in January, retail sales exceeded forecasts, industrial production rebounded, and unemployment fell unexpectedly. Meanwhile, traders await clarity on Trump’s policies after he reaffirmed 25% tariffs on Mexico and Canada, with a 10% tariff on China still under review.
The key resistance level appears to be 155.60, with a break above it potentially targeting 158.70 and 160.00. On the downside, 153.80 is the first major support, followed by 151.90 and 149.20 if the price moves lower.
USD/JPY H4 | Potential bearish reversalUSD/JPY is rising towards a swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 155.69 which is a swing-high resistance that aligns with a 38.2% Fibonacci retracement.
Stop loss is at 157.00 which is a level that sits above the 61.8% Fibonacci retracement and an overlap resistance.
Take profit is at 153.26 which is a swing-low support that aligns close to the 50.0% Fibonacci retracement.
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. 63% 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 (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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.
USDJPY tradesaw an opportunity to trade this.
on a support level, stop hunt area create 153.883 then break 154.20.
waited another consolidate to return to my entry area. DBB confirms to me that it will create another high.
SH plotted to mitigate my entry on bb 15mins.
bb set up is my one of my core entry to determine my liquidity area. to get that, find some unhealthy and healthy candlestick.
USDJPY trying to fetch more sellersUSDJPY seems trying to fetch more sellers before the big plummet while also trying to setup buyers into the wrong side of the Market.
USDJPY Potential DownsidesHey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 154.300 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 154.300 support and resistance area.
Trade safe, Joe.
UJ IS NOT SLICK !!! PATIENCE PAYS! THE move did'nt happen on the level i expected it but it's still going happen
USDJPY SHORT: FOMC ON TAP! We expect the FED to lower rates as expected. We could see the dollar become weaker against the Yen if we do not get any unexpected surprises today from the FED.
