USDJPY For the 3 months I've been watching EUR and JPY they have been opposing on higher TFs, my idea on this pair... All trade I take will post them here... Entries and results. Good trading traders!Shortby ManMcPriceaction118
DXY + EURUSD Analysis (4th Nov 2024)Here is my analysis for the DXY and EURUSD for the edification of a learner. As we know the US elections are coming up, so we are likely going to see some manipulation and volatility this month. It will be very interesting. I caution anyone to not take high leveraged swing trades during this time unless they are in a gambling mood. - R2F24:12by Road_2_Funded222
USD/JPY Long opportunity - Bearish Reversal on Key Resistance!!!D1: Potential bearish reversal at a significant resistance level. The price is near the July bearish breakout 153.845 level, which has acted as a strong support in previous day. Entry below 151.548 level, stop loss above 153.400. Feel free to share your thoughts on this analysis! Do you agree with this outlook, or do you see different opportunities? Let's discuss!by M3l1R5
USDJPY TRADE SETUPWait for retest the entry level then take a trade for Buy otherwise skip this setupLongby JinnatAlamSumon2
USDJPY - Analysis My main trading principle is that the price always moves from swept liquidity levels to untouched liquidity levels. In particular case we clearly can see the following context: price swept 1D key liquidity level and left untouched level lower. But to take more statistically more probable trades we should wait for some time of lower timeframe confirmation. For me the best way to confirm higher timeframe context is structure. We can notice the break of market structure (sign of weakness) on key liquidity level, so there is a higher probability to see price lower at least on opposite level (marked lower). Your success is determined solely by your ability to consistently follow the same principles.Shortby Maks_KlimenkoUpdated 4
USDJPY BUY ANALYSIS FALLING WEDGE PATTERN Here on Usdjpy price form a falling wedge and now try to rise if line 152.769 break then trader should go for LONG and expect profit target of 153.458 and 154.204 . Use money managementLongby FrankFx14Updated 1
USDJPY Slightly Bearish Bias Today: Key Fundamental Drivers !Introduction Today, USDJPY exhibits a slight bearish bias amid shifting fundamental factors and evolving market conditions. The yen’s appeal as a safe-haven currency and recent developments in the US economy are shaping USDJPY’s direction. In this article, we’ll analyze the main drivers that contribute to this bearish outlook for USDJPY and highlight what traders should watch in today’s forex market. --- Key Drivers of the Bearish Bias in USDJPY 1. Weakening US Dollar on Mixed Economic Data The US dollar has recently shown signs of softening, driven by mixed economic reports. Data from the past week, including non-farm payrolls and the ISM Manufacturing PMI, indicated a slowdown in US economic activity. This uncertainty around US growth is weakening the dollar’s position against safe-haven currencies like the yen. A weaker USD generally supports a bearish outlook for USDJPY as traders adjust their positions based on changing expectations for the Federal Reserve's policy direction. 2. Dovish Signals from the Federal Reserve Recent signals from the Federal Reserve suggest that it may be nearing the end of its rate-hiking cycle, with a possible pivot in sight for 2025. The Fed’s cautious stance has dampened expectations for further rate increases, which reduces demand for the USD. This dovish shift makes the dollar less attractive, especially when paired against the yen, a currency that typically benefits from safe-haven demand. The reduced rate differential between the US and Japan lends further support to a bearish USDJPY outlook. 3. Bank of Japan’s Monetary Policy Adjustments The Bank of Japan (BOJ) has recently hinted at making adjustments to its ultra-loose monetary policy, indicating a slow but potential shift toward normalization. Although the BOJ has maintained a dovish stance overall, any sign of policy tightening is significant for USDJPY. Market participants are speculating on a gradual shift, which could increase the yen’s appeal relative to the dollar, contributing to the current bearish bias for USDJPY. 4. Global Risk Sentiment and Safe-Haven Demand for Yen The yen’s safe-haven status provides it with support in times of risk aversion, and today’s market sentiment reflects a cautious tone. Geopolitical tensions and economic uncertainty in other major markets are heightening safe-haven demand. As investors seek safety, the yen becomes more attractive, leading to bearish pressure on USDJPY as funds flow into Japan’s currency. 5. US-Japan Yield Spread Narrowing One important factor influencing USDJPY is the yield differential between US Treasuries and Japanese government bonds (JGBs). Recently, the gap has begun to narrow, as US Treasury yields decline amid expectations of a more dovish Fed, while Japanese yields remain steady or inch slightly higher. A narrower yield spread weakens the case for holding USD over JPY, adding weight to a bearish USDJPY outlook. --- Technical Analysis of USDJPY Technically, USDJPY appears to be trading near resistance levels, suggesting potential for a pullback. The pair’s price action is testing support around the 148.50 mark, a critical level that could dictate near-term momentum. Should bearish sentiment intensify, traders could look for downside targets near 148.00 or lower. Conversely, any break above resistance near 149.50 could challenge the bearish bias, although today’s fundamentals lean towards a slightly bearish trend. --- Conclusion In summary, today’s bearish bias in USDJPY is driven by a combination of US dollar weakness, potential adjustments from the BOJ, safe-haven demand for the yen, and a narrowing yield differential. As these factors continue to play out, USDJPY may face further downside pressure unless there is a significant shift in either US or Japanese economic policy. Traders should keep a close watch on upcoming US data releases and any new BOJ policy commentary, as these events could shape the pair’s movement in the near term. --- SEO Tags: #USDJPYAnalysis #USDJPYForecast #USDJPYToday #USDJPYFundamentalAnalysis #USDollarYenOutlook #BankofJapanPolicy #ForexMarketUpdate #TradingUSDJPY #USDJPYBearishBiasShortby PERFECT_MFG2
Sell USDJPYSell USDJPY around 153.1 . Price may push up now until NFP so be on the lookout for this one. Price has created a head and shoulder structure which ends at 149.1. Good luckShortby Technical_AnalystZAR13
USD/JPY on the Rise: Aiming for 154 and Beyond if 151 HoldsHere’s the lowdown: USD/JPY is hanging out at the 151 support level. If this zone holds, we’re looking at a nice ride up to 152.47—and possibly higher! First take-profit at 154.23, and if we break that, we’re cruising to 155.80 and even 157. Simple Breakdown: Solid Support at 151 Right now, 151 is the key spot to watch. If we hold above this, it’s a good sign USD/JPY has the strength to keep climbing. Target Levels on the Way Up First Stop: 152.47 This is our first target, so keep an eye on the price action here to see if we’ve got the momentum. Take-Profit Zone 1: 154.23 If we reach this level, it’s a great spot to lock in some gains. Think of it as the first surf break! Take-Profit Zone 2: 155.80 If 154 clears, next stop is 155.80. This is where the ride gets exciting. High-End Target: 157 If USD/JPY stays strong and keeps moving, 157 is the ultimate stretch goal on this wave. Trading Tip Stay flexible with your levels. If 151 holds, ride the trend and take profits at each level to keep it smooth. Relax, set your zones, and let the market show you the way! MINDBLOOME TRADING / KRIS Where Trading Meets Wellness : Mindbloome Exchange Longby Mindbloome-Trading5
USD/JPY Trade Noticed a double bottom pattern form which is an indication of a bullish movement. Waited for breakthrough and retest of my resistance zone, once pullback occurred I waited for strong candle formations. Based off other fundamental and technical s I entered this trade and got a 140 pip move. Longby HectorS20032
USD/JPY May Experience Slight DeclineIn Tuesday's Asian trading session, the Japanese Yen (JPY) weakened against the US Dollar (USD), moving away from the one-week high reached the previous day. However, the decline in JPY may be limited as traders remain cautious amid the uncertainty surrounding the US presidential election, coupled with expectations that the Bank of Japan (BoJ) will raise interest rates in December. At the same time, the ongoing "Trump deal" and expectations that the Federal Reserve (Fed) may cut interest rates later this week have led to a decline in US Treasury yields, narrowing the interest rate differential between the US and Japan. This weakens the demand for USD, providing support for JPY. Additionally, a weaker risk sentiment could favor the Yen and limit significant upside moves in the USD/JPY pair. With resistance at 152.337, the USD/JPY pair may struggle to maintain strong upward momentum. If the price fails to break above this level, the likelihood of a downward correction increases, with the nearest support levels at 151.500 and 151.000. However, if the Yen continues to face pressure from macroeconomic factors such as US election uncertainty or expectations surrounding the BoJ’s monetary policy, the USD/JPY pair may still test the 152.337 resistance again.by Alisa_Rokosz4
USDJPY InsightHello, subscribers! Please share your personal opinions in the comments. Don't forget to boost and subscribe! Key Points - October 31: The Bank of Japan decided to keep interest rates unchanged. Governor Ueda mentioned that real interest rates are currently very low and added that they will raise policy rates as economic and price outlooks improve. - Iowa Polls: Following news that Harris is leading within the margin of error in Iowa, where Trump had a lead, we’re seeing a reversal in the "Trump trade." - November FOMC: The Federal Reserve is expected to implement a 25 basis point rate cut in this month’s FOMC meeting. - OPEC: OPEC and OPEC+ have postponed their production increase plans once again. Key Economic Indicators - November 5: U.S. Presidential Election, Reserve Bank of Australia rate decision - November 7: Bank of England rate decision - November 8: FOMC meeting results announcement USD/JPY Chart Analysis Although the Bank of Japan kept rates steady, hawkish remarks were made during the subsequent press conference, contributing to dollar weakness and yen strength, along with the "Trump trade" reversal. Currently, the price is forming around the 152 line. There’s a possibility of a further pullback to the 149.500 line; however, in the broader perspective, the likelihood of a rise to the 158 line is stronger. With the FOMC meeting and U.S. election this week, major factors will be in play. If the market direction shifts, I’ll swiftly adjust strategies.Longby shawntime_academy2
USDJPY / M15 / LONGUSDJPY may rise from the Bullish Order Block Bullish Order Block: 151.631 and 151.447 USDJPY is expected to rise from this bullish order block, with a strong probability that our trade will be profitable. I’ve used Smart Money Concepts (SMC) for this analysis. Let’s monitor the price reaction in this zone! USDJPY / M15 / LONG LOT :- 0.1 Entry Price :- 151.635 Take Profit :- 152.041 Stop Loss :- 151.229Longby PraveenTrader1Updated 5
BUY USDJPYUSDJPY quickly retreated from the resistance at 153.00 with a market open gap. now price approaches support at 151.300. We can look for buy opportunities into 153.12 and beyond. @JoeChampion Longby Technical_AnalystZAR3
USDJPY Analysis On Monday FallSlight drip in UJ. Comes off the back of an unsure USD and no real sentiment inflow from the BOJ. Awaiting further moves.01:40by WillSebastian4
USD/JPY H1 | Fill the gap before running into resistance?USD/JPY is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 152.96 which is a multi-swing-high resistance. Stop loss is at 153.72 which is a level that sits above a pullback resistance. Take profit is at 151.62 which is a multi-swing-low support that aligns close to the 50.0% Fibonacci retracement 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 (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.Short03:20by FXCM2
UsdJpy- Will history repeat itself?As we approach the final months of the year, it’s worth noting the impact of JPY repatriation, which traditionally occurs when Japanese investors pull funds back to Japan, boosting yen demand. This trend often leads to an appreciation in the Japanese yen, affecting currency pairs like FX:USDJPY , as demand surges. Historically, this phenomenon has triggered notable yen strength. For example, last year saw USD/JPY fall by around 1,000 pips due to these repatriation flows. Assuming similar conditions prevail, we could anticipate another yen rally by this year's end. Technical Overview of USD/JPY: Currently, USD/JPY recently hit a high of around 154, moving into a key resistance area. At the time of writing, the price hovers above the horizontal support level. A decisive break below it could indicate a bearish “false break,” potentially signaling a larger downside move. Should the downtrend persist, potential targets could be set at: - Slightly under 150, - Followed by further support at 147, - And ultimately, a critical support at 141. Shortby Mihai_Iacob1114
USDJPYUSD JPY made a double top along with a divergence on RSI which indicates a pull back in the uptrend. Right now price has already retraced a bit. Price may go a little bit up to grab liquidity before going down again. Its a risky setup as there is alot of manipulation is this pair particularly. Managing risk in this setup will be a better approach. Shortby TRADETITANWAQAS1
Just an update of USDJPY LongBecause I decided to publish my "moves" now, there are positions that are live and developed further from entries. Im just trying to show my approach my reasoning and management. As for technical analysis goes. We had a break down of JPY strength With alot of LTF warnings but now even the daily gave us BOS. With this my confidance rank closed above 90% confirmig confluence with fundemental analysis and I took a long position. For the fundamental analysis the long USDJPY position is fundamentally supported by the policy divergence between the Fed and BoJ, stronger U.S. economic data, yield differentials favoring the USD, and the USD’s relative safe-haven appeal. If the BoJ maintains its accommodative policies and the Fed stays hawkish, USD/JPY could see further upside. so the update, technical analysis, yesterdays bear close did warn us, but thats pretty much it, one signal is just that a signal and nothing more, decisions to actually act need to be derived with confluence and proof. Fundamentals still support the Long position and so does the chart.Longby JureBrumen223
USDJPY- USD Raging On part 2Follow the movement of H1 candle, JPY tends to have high volatility in H1 the pull back sometimes so massive so make sure H1 above the Simple Moving Average 200.Longby karlapermana97228
USDJPY(SHORT) -ABC Ellito's Wave -FIBZONE 61.8 PERFECT TURNING ZONE TO CONTINUE DOWN TREND -candle sticks on D1 showing wicks on top ,which means the bulls losing there strength. -Weekly pivots Supply Zone. Shortby MR_US30_ZAR4
USDJPY - Yen will continue to strengthen?!The USDJPY currency pair is above the EMA200 and EMA50 in the 4H timeframe and is moving in its medium-term bullish channel. In case of correction due to the release of today's economic data, we can see the demand zone and buy in those two zones with the appropriate risk reward. Yesterday, the Bank of Japan kept its interest rate unchanged at 0.25%, as expected. The Japanese government maintained its overall economic assessment for October, continuing to believe that the economy is recovering at a moderate pace. However, it downgraded its outlook on production, indicating that output might be facing challenges and may struggle to grow significantly. Meanwhile, Japan’s Economy Minister, Akazawa, stated that currency movements are being closely monitored, and proposed policies from other parties will be reviewed. He also noted that a weaker yen could lead to a decrease in income and private consumption, particularly if wage growth is insufficient. According to a recent Reuters survey of economists, 103 out of 111 economists expect the Federal Reserve to cut interest rates by 0.25% in November and December of this year, bringing the rate to a range of 4.25% to 4.5%. Additionally, 74 out of 96 surveyed economists predict that the Federal Reserve’s interest rate will drop to 3% to 3.25% or higher by the end of 2025. A recent report from CIBC suggests that a 3% growth in U.S. GDP is unlikely to overheat the economy. CIBC believes that the U.S. economy can sustain growth at this rate while continuing its rate-cutting cycle. The report shows that U.S. economic growth has reached 2.8%, slightly below analysts’ 3% expectation. Nonetheless, the details reflect a robust economic performance, with domestic consumption offsetting the negative effects of net trade. CIBC analysts argue that 3% growth should be seen as a new measure of economic capacity rather than a sign of overheating. They point to improvements in productivity and cooling labor markets and inflation, asserting that Longby Ali_PSND2
USDJPY Analysis: Buy to win ? The USDJPY pair is showing a bullish structure, with prices currently around 152.29. The chart indicates a recent rally, but price action now suggests a potential pullback before resuming the uptrend. The immediate support zone lies around the 149.41 - 149.56 area, which could act as a solid base for a bounce. The technical setup indicates that, after a pullback to this support level, USDJPY could rally towards the next significant resistance target at 158.64. The moving averages are also aligned in favor of the bulls, providing additional confirmation of upward momentum in the medium term. Traders might consider waiting for the price to test the support zone before entering long positions, aiming for the 158.64 target. This pullback could present a good buying opportunity, aligning with the overall bullish trend.Longby Chipucu3