Get started

Japanese Yen / U.S. Dollar

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

JPYUSD trade ideas

USDJPY 4hr LongUSDJPY ✅ 4hr Long ✅ 💰ENTRY: 153.096 👎STOP LOSS: 152.692 TP TARGETS ⏰TP1 ⏰TP2 ⏰TP3 ✅1. Weekly Time Frame: Price has been breaking bullish and trending above the 10, 50,200 EMAs. ✅ 2. Daily Time Frame: Price has been breaking bullish and trending above the 10, 50, 200 EMAs. ✅ 3. 4hr Time Frame: Price has made a valid correction into the 10 EMA. ✅ 4. Price has made a Swing Low Engulfing candle above the 50ema. This is a great example of my systematic system.
Long
by angelvalentinx
Fundamental Market Analysis for November 7, 2024 USDJPYEvent to pay attention to today: 21:00 EET. USD - FOMC Rate Decision USDJPY: The Japanese Yen (JPY) is experiencing difficulty in registering a notable recovery against its US counterpart and is currently trading at a level approaching its lowest point since 30 July. The Bank of Japan's (BoJ) limited ability to raise interest rates and the prevailing risk-on environment continue to undermine the safe-haven yen. Furthermore, the rise in US Treasury bond yields, driven by the return of Republican Donald Trump as the 47th President of the United States (US), has contributed to the downward pressure on the low-yielding yen. Meanwhile, the overnight decline prompted a verbal intervention from Japanese authorities, which may provide some support to the yen and help limit losses. The US dollar (USD) is currently trading just below the four-month high reached on Wednesday, amid optimism over growth and inflation. This could limit the Federal Reserve's (Fed) ability to cut interest rates. This could provide further encouragement for the USD/JPY pair ahead of the highly anticipated Federal Open Market Committee (FOMC) decision this Thursday. Trade recommendation: Trading mainly by Sell orders from the current price level.
Long
by Fresh-Forexcast2004
USDJPYLooking at USD/JPY, we've been printing new highs, so with that trend in mind, we're focusing on long positions. We've set a target using external liquidity at the Asian high. Since then, there’s been a mini sell-off, but this seems to be part of normal price action. We also have a 45-minute demand zone with an imbalance that needs to be filled, supported by liquidity on the downside near the imbalance. Once price reaches and mitigates this 45-minute demand zone, I'll be looking for entry points on the lower timeframe.
Long
by EzratradesFX
USDJPY Will Go Down From Resistance! Short! Here is our detailed technical review for USDJPY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 151.684. Considering the today's price action, probabilities will be high to see a movement to 147.149. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
USDJPY today The USDJPY chart shows a clear downtrend after breaking out of the highlighted price consolidation zone. The pair initially held within a tight range (indicated by the shaded box), but a decisive bearish breakout occurred, signaling a shift in momentum favoring the sellers. The price is now trading below both the 34 and 89 EMAs, reinforcing the bearish sentiment. Key levels to watch include the immediate support around 151.454, which aligns with previous lows. The chart suggests further downside potential if this support level fails to hold. The projected arrows indicate potential retracement levels where price may attempt a short-term recovery before resuming the downtrend.
Short
by Pierce_Bowers
2
Its still bullish I will be interested in longs if ...price drops below the PWL as it's US elections week Im very cautious this is not a final prediction but rather an option. Remember: If then.... If we get the confirmation, I will be looking to position myself with my students and followers as highlighted on the chart. Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔
by Dave-Hunter
2
USD/JPY:Bank of Japan's Steady Rates and U.S. GDP Data to Shape The Bank of Japan (BoJ) concluded its two-day monetary policy meeting on Thursday by keeping its short-term interest rate target steady at 0.25%. This decision, while in line with market expectations, sets the stage for potential market volatility, as other global economic indicators could weigh heavily on USD/JPY movement in the coming days. From a technical perspective, price action analysis reveals a notable reversal candle on the daily timeframe, aligning with a pre-identified supply area. This reversal is further supported by the Commitment of Traders (COT) report, which indicates that retail traders are largely bullish, while “smart money” or institutional investors appear to be shifting their positions to the bearish side. Seasonal patterns also suggest a possible start of a new bearish trend, adding weight to the likelihood of downward movement. In addition, today’s U.S. Advance GDP data could amplify movements if it underperforms expectations, adding pressure on the USD and further supporting a bearish outlook for the USD/JPY pair. A disappointing GDP print could, therefore, accelerate a drop in the USD, setting up the pair for a potential shift in trend. Traders and analysts alike will be closely monitoring these developments, as Japan’s steady rates, combined with potential U.S. economic softness, set the tone for potential volatility in the days ahead. ✅ Please share your thoughts about USD/JPY in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Short
by FOREXN1
7
USDJPY_109 2024.10.30 17:50:03 Trading Signal BUYFrankPro Signal for USDJPY_109 Type: Screen Signal: BUY TP: 153.98 SL: 153.112 Entry Price: 153.236 Analysis for USDJPY Forecast Overall(Short-Term, Long-Term): ST= Strong Down LT= Strong Up Forecast Methods(Short-Term, Long-Term): ST=Down LT=Up ST=Down LT=Up ST=Down LT=Up Analysis Method(0) Based on the provided analysis, here is my assessment of the USD/JPY pair's expected price movement: **Short-term (next few days):** * The pair is expected to face selling pressure near 150.00, and a break below 150.05 could indicate a continued decline to below 147.25. * The mean reversion rebound may have reached an overstretched condition, suggesting a potential pause in the upside momentum. * The daily RSI has flashed a bearish condition, indicating a potential pause in the upside momentum. * FX option expiries at 151.00, 152.00, and 152.50 could influence price movements around these levels. **Expected short-term price movement:** Down **Long-term (next few weeks/months):** * The technical overview and forecast suggest that the pair is expected to test the support area near 151.65 before potentially rebounding and continuing its growth to the area above 159.05. * The Elliott Wave analysis suggests that the main scenario indicates a potential drop to levels between 138.08 and 131.25 if the price holds below 151.54, but an alternative scenario indicates a potential rise to levels between 153.88 and 156.74. * The moving averages suggest a short-term bullish trend, but a bearish correction is anticipated before further growth. **Expected long-term price movement:** Up, but with a potential bearish correction before further growth. Please note that these assessments are based on the provided analysis and are subject to change as new data and events emerge. Result: ST=Down LT=Up Analysis Method(1) Based on the provided analysis, here is my assessment of the expected price movement for the USD/JPY pair: **Short-term (next few days):** * The pair is facing selling pressure near the 150.00 level, and technical analysis suggests a potential drop to 138.08-131.25 if the price holds below 151.54. * However, the forecast for October 30, 2024, indicates an attempt to test the support area near 151.65, followed by an upward price rebound. * Given the conflicting signals, I would say that the short-term price movement is uncertain, but slightly leaning towards a **downward** movement, with a potential target of 147.25 if the pair breaks through 150.05. **Long-term (next few weeks/months):** * The US Dollar's outlook remains firm due to expectations of moderate interest rate cuts by the Federal Reserve, which could support the USD/JPY pair. * Japan's National core CPI acceleration could lead to interest rate hikes by the Bank of Japan, which could weaken the JPY and support the USD/JPY pair. * Technical analysis suggests a potential rise to 153.88-156.74 if the price breaks above 151.54, and a clearance above 149.30 could extend the mean reversion rebound to 151.95. * Based on these factors, I would say that the long-term price movement is expected to be **upward**, with a potential target of 159.05 or higher. Please note that these assessments are based on the provided analysis and are subject to change as new information becomes available. Result: ST=Down LT=Up Analysis Method(2) Based on the provided analysis, here is my assessment of the expected price movement for the USD/JPY pair: **Short-term (next few days):** * The pair is expected to test the support area near 151.65, which suggests a potential short-term decline. * However, the forecast also mentions a potential rebound upwards to continue growth above 159.05, indicating a possible short-term bounce. * Overall, the short-term outlook is neutral to slightly bearish, with a possible range-bound movement between 151.65 and 159.05. **Long-term (next few weeks/months):** * The technical analysis suggests that the pair is moving within a bullish channel, indicating a long-term uptrend. * The forecast mentions a potential growth above 159.05, which supports the long-term bullish outlook. * The fundamental factors, such as the potential interest rate hike by the Bank of Japan and the US Federal Reserve's interest rate cuts, also support the long-term strength of the US Dollar. * Overall, the long-term outlook is bullish, with a potential target above 159.05. In summary, the USD/JPY pair is expected to experience a short-term decline or range-bound movement, but the long-term outlook remains bullish, with a potential target above 159.05. Result: ST=Down LT=Up
Long
by orbborisson
3
Can USD/JPY rebound from this key support? the USD/JPY has been consolidating its recent gains in the last couple of days, with price testing the upper band of the 152.85 - 151.95 support area after retreating from the 61.8% Fibonacci retracement level circa 153.40. This week's mixed US data has taken some shine off the US dollar, but with the election uncertainty hanging over the markets, the dollar is unlikely to sell off significantly until at least the election is out of the way. With that in mind, the USD/JPY could easily rebound from the 152.85 - 151.95 support area and break through the 61.8% Fib resistance. If it gets above it, then the next upside target would be 155.00, a psychologically important level. The line in the sand for me is at 151.45, where the 200-day average and the most recent low come into play. For as long as this area holds, the short-term path of least resistance remains to the upside. By Fawad Razaqzada, market analyst with FOREX.com
Long
by FOREXcom
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. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
Long
by TheGrove
9
USDJPY Possible short Although sellers appear to primarily be in control at the moment, Im leaning towards a slight push up back into the zone of 153.792 or previous Equal Highs/supply zone, as it's much closer to where price currently is. Once price reaches this area, I would pay attention to specific rejection candles if any should form, then anticipate the downward push towards the unmitigated demand zone of 149.226. This zone previously initiated an impulsive move that broke structure at 150.235 and rode all the way up to 153.152, thus adding more likelihood of price pushing back down to that good strong demand/order block.
Short
by gotpipsbro
2
Key USDJPY Support at 151 Faces Stochastic Oversold AlertFxNews —The USD/JPY currency pair's dip from 153.9 eased near the 23.6% Fibonacci support level. Meanwhile, the Stochastic Oscillator signals an oversold condition. Furthermore, the market outlook remains bullish if the price holds above the 151.0 mark. The uptrend could be triggered if bulls close the USD/JPY price above the 153.0 immediate resistance. In this scenario, the next bullish target could be the 157.0 mark.
Long
by FxNews-me
**USD/JPY 15-Minute Forecast: Watching Key Levels Closely!**⏱ **USD/JPY 15-Minute Forecast: Watching Key Levels Closely!** 📉📈 USD/JPY is currently at **151.840** on the 15-minute chart. We're closely watching the **152.336** level—if it breaks and reverses, we could see a dip toward **151.556** as a target. 🔍 **Key Levels:** - **Current Price:** 151.840 - **Resistance:** 152.336 - **Support:** 151.707 💡 **Quick Insight:** A break and reversal at 152.336 may trigger a bearish move down to 151.556. Keep an eye on these levels for potential trade entries! 👉 Do you see a similar setup? Share your view below! #USDJPY #ForexTrading #15MinChart #PricePrediction #Pipnest
Short
by pipnest
I think bulls are back and vote wisely #155-156 In the coming WKAs the election draws near, we have been experiencing a lot of spike and market manipulation which makes it a double edge sword thing trading the market right now, who ever win at the US. Election will impact the market both negatively and positively; and let not forget the comment of BOJ about keeping the rate steady at 0.25% for the time being, looking forward to US. Election but market still speculate that BOJ may increase rate by 5% but all this is just buhahahaha to some but from my bais observation USDJPY has hit/make 151.7(once an impulse zone 'Daily timeframe') as it strong low or should I say new support I see further bullish momentum to the upside in the coming weeks. I am nobody just an observer but will like to hear what you think at the comment session... if positive ZONES- 155-158 If negative ZONES- 150-147 LET watch and see what happens...
Long
by harryburnawills
Weekly FOREX Forecast: USD is STRONG Vs CAD, CHF, & JPYThis is an outlook for the week of Nov 4 - 8th. In this video, we will analyze the following FX markets: CAD, CHF, & JPY future, and USDCAD, USDCHF, and USDJPY. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
by RT_Money