USD/JPY BUY HIT TP 60+PIPS SECUREDHi Traders we have secured 60+pips on this USD/JPY TRADE. this was a beautiful trade indeed as usual, keep note how simple my analysis are No trendline NONE of that. Always trust your analysis. Certified price action kingLongby Low-keyFXtraderPublished 665
Monthly USDJPY Analysis (long)this is going to be hard for most people to understand or believe, but from here its a reversal area to attack the previous high. why we have had a liquidity grab on monthly and weekly. we have hit the 100% on the Fib level well almost have a bit more of a sell but when most people are scared to buy this is where you make the money. dont have to believe me do your own research This is not financial advice IAMLongby MillionaireMind717Published 8
USDJPY slightly lower short term then higher 180-ishMonthly, From 1976-ish Looks like we can count a clear 5 wave down ending in 2012. Starting Feb 2012. Wave (C) is a few pips larger than wave (A) I think wave (D) is still in progress soon to start wave (E), wave (D) going below wave (A) will validate this is not a impulsive 1-2-3-4-5, wave (1) From Jan 2023 to Oct 2023 I think is a clear 5 waves (a) now working on an expanded flat correction. If we dip below wave (1) high then we may be seeing a leading diag for the larger decade wave 1, which is how I have it labeled. This looks slow, so I think in the shorter term, we will see USDJPY lows below 125.85 in the coming weeks. Waves are not spaced out to represent time.Shortby shamgar331Published 115
USDJPYHi everyone here i just share a basic technical analysis for UJ i do a speculation that the price will continue bullish tf H4 already break the resis!! and make a higher high disclaimer this is not a signal i just share what i see and what i know be smart!Longby dorissimPublished 2
Daily Upside Correction In Downtrend I am anticipating a move into the upside target area. I will be watching for a sell signal in this area.Longby DiviPublished 222
USDJPY rebounds above 140 ahead of FOMC and pivotal BoJ meetingUSD/JPY finished lower overnight at 140.64 (-0.38%), paring losses from a fourteen-month low of 139.57. USD/JPY’s rebound into the close and bullish RSI divergence indicates that USD/JPY is looking for a short-term low. However, whether it can rebound to pressure crowded short USD/JPY positioning will depend on Friday's #BoJ meeting outcome. At the meeting, the BoJ is widely expected to leave its policy rate unchanged at 0.25%, with most of the focus on its forward guidance around the October meeting. Should Ueda indicate an October rate hike is possible, USD/JPY will likely dive towards the next level of support at 138.00.by IG_comPublished 2
USDJPY Will Continue to DeclineUSDJPY is in an overarching downtrend. The price has now shown signs of recovery, but this came to a halt in the area of a large order block. We therefore expect the downtrend to continue, from which we would like to profit with this short setup.Shortby OchlokratUpdated 2
USDJPYIts always a 50% chance the market either goes up or down so make sure you have a scenario for each possibility. Keep an eye out for if it hits 141.007 level for longs and 140.262 for shorts by OJ2003Published 3
USDJPY: Slight Bullish Bias This Week? (19/09/2024)As of September 19, 2024, traders are closely monitoring the USDJPY pair for potential bullish momentum. Several fundamental factors and market conditions indicate that the pair might see a slight upward bias this week. Let’s dive into the key drivers affecting the USDJPY price action. 1. Diverging Central Bank Policies One of the primary influences on USDJPY is the monetary policy divergence between the Federal Reserve (Fed) and the Bank of Japan (BoJ). - Federal Reserve’s Stance: As we move into the week, the market expects the Fed to maintain a hawkish stance or at least keep interest rates elevated. Although there’s some speculation about a possible pause in future rate hikes, the Fed's priority remains controlling inflation. This higher interest rate environment in the US makes the US dollar more attractive, pushing USDJPY upwards. - Bank of Japan’s Ultra-Loose Policy: In contrast, the BoJ continues its ultra-loose monetary policy, aiming to stimulate Japan’s sluggish economy. Despite rising inflation in Japan, the BoJ has shown little inclination to raise rates aggressively. This Interest rate differential between the US and Japan tends to weaken the yen, giving a bullish outlook for USDJPY. 2. Risk Sentiment in Global Markets Risk sentiment plays a crucial role in the movement of USDJPY. When global markets are in a risk-off mode, investors tend to flock to safe-haven assets like the Japanese yen, strengthening it. However, recent global economic data and financial news have maintained a somewhat stable risk appetite, leaning towards a risk-on environment. - US Economic Data: Recent reports from the US, such as better-than-expected retail sales and strong labor market data, continue to support the narrative of economic resilience. This fuels demand for the dollar and supports USDJPY’s bullish momentum. - Global Geopolitical Risks: While geopolitical tensions in regions like Europe and the Middle East may inject some volatility, there hasn’t been a major shift toward a risk-off sentiment that would heavily favor the yen. For now, dollar strength seems to dominate. 3. Japanese Economic Conditions Japan’s economy continues to struggle with low growth despite rising inflation. The BoJ’s consistent approach to stimulus, combined with the government's push for wage growth, has not yet translated into significant yen strength. Additionally, trade deficits in Japan, exacerbated by higher import costs, have weighed on the yen’s valuation. Without a major shift in BoJ policy or a significant improvement in Japan's economic performance, the yen will likely remain under pressure, keeping USDJPY on a slightly bullish path. 4. US Bond Yields US Treasury yields are another major factor driving the USDJPY. Higher US bond yields, often seen in response to tighter monetary policy and strong economic data, make the dollar more attractive to foreign investors. The upward trajectory of bond yields has been a persistent theme, reinforcing dollar strength. If this trend continues through the week, we can expect additional support for USDJPY. 5. Technical Indicators Looking at the technical analysis for USDJPY, the pair has been trading near key resistance levels in recent sessions. If the pair breaks above these resistance zones, we could see further bullish momentum. - Key Support and Resistance Levels: The 145.00 level has been a psychological support level for USDJPY, while 148.50 serves as resistance. Should the pair break beyond this resistance, it could trigger more buying pressure, pushing USDJPY higher. Conclusion: USDJPY’s Slight Bullish Bias In conclusion, the USDJPY pair is expected to exhibit a slight bullish bias this week, primarily driven by: - Monetary policy divergence between the Fed and BoJ. - Favorable US economic data and rising Treasury yields. - Limited economic growth in Japan, with persistent trade deficits. - Stable global risk sentiment supporting the dollar over the yen. Traders should keep an eye on US bond yields, Fed comments, and any sudden shifts in risk sentiment or geopolitical events, as these could influence USDJPY’s trajectory throughout the week. --- Keywords: - USDJPY forecast - USDJPY bullish bias - USDJPY analysis September 2024 - USDJPY technical analysis - USDJPY key drivers - USDJPY trading strategy - USDJPY and Federal Reserve policy - USDJPY support and resistance levels - USDJPY risk sentiment - USDJPY bond yields impact Shortby PERFECT_MFGPublished 4
USDJPY SELL OANDA:USDJPY FOREXCOM:USDJPY FX:USDJPY PEPPERSTONE:USDJPY USDJPY is going to BOOM sell here, its meet a power point cannot break upShortby TheFuturevipUpdated 3
USDJPY SELLUsdjpy looking for onemore sell travell Fomc news negative for doller Today usd will get weaker 1:3 RR FOLLOW MM , RM Shortby DNA_traderofficialsPublished 553
USDJPY - one n only area, what's next??#USDJPY.. perfectly holding out major supporting area of the month n quarter as we told you in our last couple of ideas regarding USDJPY. Now market is just near to his one of the most important resistance of the week n today. That is 143.50 Keep close that area because it will be your key level in tomorrow and in overall move. If market hold it then again drop expected below that otherwise after that level market will leads you towards upside mentioned areas. Good luck Trade wisely by AdilHussain731333Published 1
TechnicaL Analysis – Potential Reversal After 70 Days of USDJPYAfter 70 days since reaching the highest price in the last 38 years and a sharp rejection, the market continued to exhibit a strong bearish trend. However, we are beginning to see early signs of a potential reversal, and the daily bullish divergence supports the idea of a pullback and possible recovery. Nevertheless, key levels need to be broken for this scenario to be confirmed. Key Support Level at $141.93 One of the most critical levels to watch closely is $141.93. Holding above this level could indicate a trend reversal, while a failure to hold may signal the continuation of the bearish trend. If the price can maintain above this level, it could pave the way for a significant pullback. Breakout of the Key Resistance at $143 The first key resistance level that needs to be breached is $143. If the price breaks this level, it’s essential to hold above it for at least two days, followed by a successful retest to confirm the S/R flip (support/resistance flip). This would provide a clear signal to enter the market, potentially leading to further upside movement. Daily Bullish Divergence as an Additional Signal Moreover, we observe a daily bullish divergence – a situation where the price is making lower lows, but the RSI indicator is making higher lows. This pattern indicates a weakening bearish trend and strengthens the possibility of an upward reversal. Pullback to the Trendline and Fibonacci Confluence If the resistance at $143 is broken, the next expected step could be a pullback towards the main trendline. This area may coincide with the 0.5 Fibonacci retracement level, creating a confluence of resistance and support. This zone would be crucial for confirming a continuation of the bullish movement. Potential Drop in Case of Rejection However, if the resistance at $143 is not broken and the price gets rejected, it would not be surprising to see a direct drop towards the support zone between $134-$130. This drop could provide a new buying opportunity if buyers return in this zone, but it could also indicate further weakness if the support fails to hold. Disclaimer: This analysis is provided for educational purposes only and reflects my personal view of the market. I am not a financial advisor, and anyone considering trading or investing should conduct their own analysis or consult with a licensed financial advisor before making any decisions. Trading carries significant risk, and each individual is responsible for their actions in the market. by RhinoAkaBearPublished 1
USD/JPY heads to 140.00 ahead of the FOMC rate decisionUSD/JPY falls ahead of the Fed rate decision where the US central bank is expected to cut rates for the first time in 4 years. But by how much? The market prices in a 64% chance of a 50 bps cut. An outsized cut could send USD lower. USD/JPY trades below its falling trendline. It has recovered from the 2024 low of 139.60 but failed to rise above the 1000 SMA on the 4-hour chart and is once again below 141.70 the August low as sellers eye 140.00. A break below 140.00 would bring 137.60 the July 2023 low as the next level to watch. Should buyers extend gains above the falling trendline and 100 SMA at 143 – 143.50, a move towards the 200 SMA at 145.00 could be on the cards Shortby FOREXcomPublished 2
USDJPY FORECASTWe just need to look how price will behave at this key area. because structure are really awesomeLong04:36by Richard_MkudePublished 224
USDJPY - ShortUSD has been losing its steam against JPY. Price broke below its upward trendline and followed a strong break-out where price continued its downward momentum till 140.00, which is currently consolidating. A further continuation lower is anticipated with the next probable target at 137.30 where a continuation lower set the 130.00 psychological level under the spotlight.Shortby Kyriakos_CFTePublished 3
Fibonacci: The importance of knowing how to use it properlyThe way the market moves is a fascinating Fibonacci puzzle. Whether the trend is down or up, there is a Fibonacci level waiting to be hit as a reversal and/or target. USDJPY is shown here: This is a monthly chart. Using the Fibonacci extension from Dec 1, 1975, I've modified it to record the actually Fibonacci number past the old "1.618" to include 5, 8, 13, 21, 34. As you can see how the market respects 8, 13, especially 21 as USDJPY heads in a down trend. As of recent price action toward the right of the chart, You'll see another a Fibonacci retracement tool used between the 13 and 21 levels of the Fibonacci extension tool. Yes, even using Fibonacci between another Fibonacci works. More importantly how Dec 1, 2023 found support at the 50% mark between 13 and 21 Fibs. The way I use the Fibonacci extension tool is different than anyone else I've seen. I take the first impulse as the first wave. In my interpretation of a wave is all consecutive candles are the same color. The next wave is the retracement where all consecutive candles are the opposite color. Works on all timeframes and the smaller the time frame the more accurate; IE candles or wicks hit or stop on the exact Fib level. I hope this encourages you to try Fibonacci in a way no one else has used Fibs and it gives you an edge in your trading/investing objective.Educationby shamgar331Published 222
USD/JPY Bounce from Big SupportUSD/JPY is extending the bounce from support looked at yesterday. The pair is already trading through the first resistance objective at 141.69 which was the August swing-low. The next spot over head is the 143.45 level of prior support-turned-resistance from last week. And above that is the 145.00 handle. This one seems especially vulnerable too and decisive for the USD ahead of FOMC tomorrow. An aggressively-dovish Fed makes the prospect of bigger picture carry unwind more attractive. While a more prudent outlay than what's built-in for expectations with a 50 bp cut being priced-in could compel more of a short-squeeze scenario. For that, perhaps even the 145.00 level could remain of interest which, notably, is confluent with the bearish trendline taken from mid-August and September swing highs. - js by FOREXcomPublished 7
USDJPY Breakout And Potential RetraceHey Traders, in tomorrow's trading session we are monitoring USDJPY for a buying opportunity around 140.400 zone, USDJPY was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 140.400 support and resistance zone. Trade safe, Joe.Longby JoeChampionPublished 12
USD/JPY BUY NOWHi Traders here is a beautiful trade on USD/JPY. Analysis was taken from H4 scale down to 15Minutes we took our Entry. trust your analysis Certified price action kingLongby Low-keyFXtraderPublished 2
USDJPY TRADE SETUPWait for retest the entry level then take a trade for Sell otherwise skip this setupShortby JinnatAlamSumonPublished 116
USDJPY - Buy SignalHello trades, I want to share with you my opinion about USDJPY. Looking at the chart we can see breakout from downtrend and onces the Market cross that resistance then I will buy. Guys, what do you think? Leave comment with your thoughts.Longby FX_Eagle9Published 8
USDJPY - no sign of turning around at the moment💵USDJPY ANALYSIS 💸 - The Yen is still recovering very strongly since the USD/JPY pair fell to its lowest level in nearly 40 years at 141.95. - The recovery is mainly supported by many interventions of the Japanese Government. Especially the support from the narrowing of the interest rate gap between Japan and the United States. - The market is expecting the Fed to cut interest rates on Wednesday, while the BOJ will likely keep the current interest rate unchanged. 📌 TECHNICAL - On the daily candlestick chart of USDJPY (D1), the downtrend from the price channel (a) continues and the pressure from Ema21 acts as the main resistance. - USD/JPY has shown little reaction to the 0.382% Fibonacci extension level for now, which could be considered as the nearest technical support. - Once USD/JPY is sold below 139.420, it will have a more bearish outlook towards 137.046 in the short term, which is the price point of the 0.50% Fibonacci extension level. - As long as USD/JPY remains within the price channel (a) and below the 21-day EMA, the bearish bias will remain dominant, and the notable technical points for the bearish trend are listed below. ✔️ Support: 139.420 – 137.046 ✔️ Resistance: 141.531 – 142.380Shortby TheLeader_WOLFPublished 3