Get started

US Dollar vs Japanese Yen

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

USDJPY.P trade ideas

USDJPY H4 | Bullish Bounce Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 147.12, which is a pullback support close to 23.6% Fibo retracement. Our take profit will be at 149.46, a swing-high resistance. The stop loss will be placed at 145.83, which is an overlap support level close to 50% FIbo 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. 62% 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. 59% 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
Bullish momentum to extend?USD/JPY is falling towards the pivot which has acts as a pullback support and could reverse to the 1st resistance which has been identified as a pullback resistance. Pivot: 147.15 1st Support: 145.81 1st Resistance: 149.39 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
1
WAITING FOR A BEARISH PULLBACKUSD/JPY 4H - As you can see here price has been trading us in a bullish way. I want to see price pullback to clear the inefficiency that has been left behind allowing us to get involved in longs at a better price. By price pulling back down and into an area of interest (Demand) we are able to get in at a cheaper price which means we are able to take a larger profit from a push up and inevitably able to get in with a more refined entry as we know where price may reverse from. We could look to go short in the market before we go long but as you all know that would be trading against the higher timeframe prevailing trend and that comes with its own risks. Remember, the trend is your friend. We would need confirmation parameters to be met either way for both longs in the market and short positions before we look to place the positions we want to, this just gives us an added layer of protection and a higher probability of being successful.
Long
by Lukegforex
USDJPY Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
Long
by ShahedZare
USD/JPY Bullish Breakout: High-Probability Buy SetupsThe USD/JPY 4-hour chart is showing a clear Bullish Gartley harmonic pattern, followed by a breakout of a descending trendline. After reaching point D of the pattern, the price initiated a bullish reversal. Currently, the price has broken through a key descending resistance line, signaling strong buyer momentum. The TDIGMA oscillator confirms this, with momentum indicators consistently moving towards overbought territory, reflecting the current buying pressure. 1. Buy on Trendline Breakout With the confirmed breakout of the descending trendline, a potential strategy is to buy into the continuation of this upward movement, capitalizing on the positive momentum. Entry: Buy around the 148.69 zone to capture the continuation of the breakout. Stop Loss: 145.369 (near the support line). Risk-Reward Ratio: 1:1 Rationale: The strong resistance break and ongoing bullish pattern suggest a high probability that the pair will continue to rise. 2. Buy on a Small Pullback Description: Another buying opportunity may arise if there’s a small pullback to retest the broken trendline as support. This can offer a lower-risk entry with the trend in your favor. Entry: Buy between 147.30 - 148.00 (on a retest of the breakout line). Stop Loss: 145.369 (near the support line). Risk-Reward Ratio: 1:1 Rationale: Pullbacks after breakouts often offer high-probability entries. However, this pullback may not occur if the bullish momentum continues without pause. USD/JPY presents a clear bullish scenario after breaking the descending trendline. The strategy to buy on the continuation of the breakout is the most recommended, with a high probability of success. Buying after a small pullback also offers an attractive strategy with strong potential. Keep an eye on price action for optimal entries.
Long
by MrVNpt
2
UsdJpy Trade IdeaUJ has been in a clean range between 149 and 140.6. Once price tapped into 140.6 we ended up getting a clean flip of structure with bullish structures staying strong throughout the week. We ended last week at resistance being 149 but we're still overall bullish! Which means I'll personally still be looking for longs for the new week. I would want to see price pullback and retest either 147.100 or 145.930 before going long on the pair. The last HL within the range is 145.930 so as long as price stays above that level then we are definitely still long within the range. I'll look target the resistance level at 149.
Long
by OfficialJ23
USDJPY : A closer look A closer observation on the confluences between wave relationship from different points insinuate a high probable topping at 161.95 (see previous posting on the longer- term wave relationship). There is a possibility of a 5 wave completion to the downside and a current corrective upside in play. Interestingly, price breached the supporting trendline to see it moving back up to retest the trendline . Further upside could still be in play with areas at 150.43 - 150.61 ( 50% retracement & 1.27 of wave a from red b) or higher 153.12 -153.17 (61.8% retracement & 1.618 of wave a from red b) and probably retesting the underside of the trendline. The following move down will be interesting with risk at 161.95 against what is about to unfold in the third wave if the count is not invalidated.
by micchua
USD/JPY Under Pressure: A Guide to Shorting OpportunitiesMarket Sentiment and Positioning: Monitoring the sentiment in the forex market can provide insights into the overall positioning of traders. If sentiment shifts towards bearishness for the dollar based on the above factors, it could create a self-fulfilling prophecy as more traders take short positions. Geopolitical Tensions: Geopolitical events can significantly influence currency markets. For instance, any escalation in trade tensions, conflicts, or uncertainty surrounding U.S. foreign policy could lead to a flight to safety, where investors prefer holding the yen over the dollar, thus providing a rationale for shorting USD/JPY. Economic Slowdown in the U.S.: Recent economic indicators from the U.S. may suggest a slowdown, such as declining GDP growth, rising unemployment, or decreasing consumer confidence. If these trends continue, they can lead to a bearish outlook for the USD, prompting traders to short USD/JPY.
Short
by FtradeFXArabic
2
Fundamentals Favoring a Bullish USDJPY:What Traders Need to KnowIn today's trading environment, the USD/JPY currency pair presents a bullish opportunity. Here are some key fundamentals that support this bias, along with an explanation of utilizing probabilities for positioning long trades. Key Fundamentals Supporting a Bullish Bias on USD/JPY 1. Bank of Japan's (BoJ) Monetary Policy: The BoJ has maintained its accommodative monetary policy, refraining from committing to predefined rate hikes for the remainder of the year. This stance is likely to weaken the Japanese Yen against the U.S. Dollar as traders anticipate continued divergence in monetary policy between the Fed and the BoJ. 2. U.S. Economic Growth: Recent data indicates a pickup in U.S. economic growth without significant inflationary pressures. This environment supports a stronger U.S. Dollar as it suggests that the Federal Reserve may not need to cut rates aggressively, contrary to some market expectations. 3. Market Sentiment: The overall sentiment in the forex market is leaning towards a bullish outlook for the U.S. Dollar, particularly against currencies like the Yen, which is under pressure due to Japan's economic conditions and the BoJ's policies. Utilizing Probabilities for Long Positions in USD/JPY When trading, I prioritize using probabilities to enhance my decision-making process. In conclusion, by focusing on probabilities and key fundamental indicators, I am strategically positioning myself for potential long trades in USD/JPY. This method not only enhances my trading confidence but also provides a structured approach to navigating market volatility effectively. Let's dive into my comprehensive top-down analysis together: 12M: 2W: 1H:
Long
by Jasminex1x2
Slight Bullish Bias Driven by Key Fundamentals on USDJPY.USDJPY Analysis for 04/10/2024: Slight Bullish Bias Driven by Key Fundamentals On October 4, 2024, the USDJPY currency pair displayed a slight bullish bias, influenced by several fundamental factors and market conditions. These elements provided upward momentum for the pair, making it an attractive opportunity for traders. Below is an in-depth analysis of the key drivers that shaped the bullish sentiment in USDJPY: 1. Strong US Dollar Momentum The primary factor behind the bullish bias in USDJPY on October 4, 2024, was the ongoing strength of the US dollar. The release of positive U.S. economic data, particularly strong non-farm payrolls and robust manufacturing data, bolstered investor confidence in the U.S. economy. This economic resilience reaffirmed expectations that the Federal Reserve would maintain its hawkish stance on interest rates, potentially keeping rates elevated for a longer period. As a result, the USD gained strength across the board, driving USDJPY higher as traders moved into dollar-denominated assets. The higher yields offered by U.S. assets compared to Japanese assets provided additional support for the dollar, causing upward pressure on the pair. 2. Diverging Central Bank Policies The monetary policy divergence between the Federal Reserve and the Bank of Japan (BoJ) continues to be a significant driver of the USDJPY pair. While the Federal Reserve remains committed to its tightening cycle to combat inflation, the BoJ has maintained its ultra-loose monetary policy. The BoJ’s reluctance to shift away from its low interest rate environment has kept the Japanese yen under pressure, creating a favorable environment for a bullish USDJPY bias. Investors are increasingly focused on the Fed's hawkish stance, especially as the BoJ remains committed to keeping yields low, which has created a significant interest rate differential between the U.S. and Japan. This yield differential is a core reason why USDJPY is supported at higher levels, as traders are incentivized to seek higher returns in USD-denominated assets. 3. Rising U.S. Treasury Yields Another key factor supporting the bullish bias in USDJPY on October 4, 2024, was the rise in U.S. Treasury yields. With the Fed’s monetary tightening policy expected to continue, yields on longer-term U.S. Treasuries increased, making U.S. bonds more attractive to global investors. Higher yields provide better returns for holding USD assets, further boosting the demand for dollars. In contrast, Japanese yields remain suppressed due to the BoJ's yield curve control policy, which keeps interest rates near zero. This divergence in bond yields between the U.S. and Japan continues to make the yen less appealing compared to the dollar, adding to the bullish momentum in USDJPY. 4. Safe-Haven Demand Shift Traditionally, the Japanese yen is considered a safe-haven currency, attracting demand during times of global uncertainty. However, on October 4, 2024, the risk sentiment in global markets was relatively stable, with investors favoring the U.S. dollar as the dominant safe-haven currency. This shift in safe-haven demand towards the USD rather than the yen has supported the bullish bias in USDJPY. With no major geopolitical risks materializing and the U.S. economy showing signs of strength, investors found the USD a more attractive safe-haven asset, further driving up USDJPY as risk aversion eased. Conclusion: USDJPY Outlook The combination of a strong U.S. dollar, monetary policy divergence, rising U.S. Treasury yields, and a shift in safe-haven demand contributed to the slightly bullish bias in USDJPY on 04/10/2024. As long as the BoJ maintains its accommodative stance and the Federal Reserve continues with its tightening cycle, USDJPY could remain on an upward trajectory. Traders should continue to monitor both U.S. economic data and BoJ policy announcements, as these will play a crucial role in shaping the future direction of the pair. A continued rise in U.S. yields, along with solid U.S. economic growth, may further support the bullish bias, while any signs of policy changes from the BoJ could lead to increased volatility in USDJPY. Keywords for SEO: - USDJPY analysis - USDJPY bullish bias - USDJPY forecast - Federal Reserve interest rates - US Dollar strength - Bank of Japan policy - USDJPY technical analysis - U.S. Treasury yields impact - Diverging central bank policies - Trading USDJPY - Safe-haven currency shift - USDJPY daily update - USDJPY bullish outlook
Long
by PERFECT_MFG