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USDJPY trade ideas

USDJPY Buy ForecastUSDJPY New forecast👨‍💻👨‍💻 Note: Follow proper risk management rules. Never risk more then 2% of your total capital. Money management is the key of success in this business...... Set your own SL & TP. Please support this idea with a Like and COMMENT if you find it useful click "follow" on our profile if you will like these type of trading ideas delivered straight to your email in the future. Thanks for your continued support!! lemme know your thoughts in the comment sec...
Long
by King_CityStar_Fx
USD/JPYSS - 30 mins Sell Key Observations: 1. Chart Patterns: Head and Shoulders Formation: On the left side of the chart, the head and shoulders pattern signifies a bearish reversal, providing a precursor to the downtrend. Falling Wedge: Following the bearish move, the falling wedge pattern acted as a potential pullback and consolidation phase before continuing the trend. Rectangle Formation: The consolidation within the rectangle pattern highlights the indecision phase before price continuation. 2. Resistance Zone: Critical Resistance Zone: The trade setup shows the price approaching a well-defined resistance zone around 151.800. This area is marked with multiple rejections, signaling strong selling pressure. Price Rejection Candlesticks: Recent candlestick patterns, such as long wicks, further indicate seller dominance near this level. 3. Moving Averages and Trendlines: Dynamic Resistance: The chart includes moving averages that align with the resistance zone, creating an additional barrier for price continuation. Downtrend Continuation: Price movement follows a descending trendline, reinforcing bearish sentiment. 4. Confluence Levels: Fibonacci Retracement Levels: If Fibonacci levels were applied, the price is likely rejecting a key retracement zone (e.g., 0.618), adding confluence to the sell bias. ADR (Average Daily Range): The ADR levels suggest price is nearing its expected daily range, reducing the likelihood of further upside. Technical Factors Supporting the Sell Position: Resistance Rejection: Price action indicates multiple failed attempts to break above the resistance level, validating the bearish setup. Bearish Momentum: Indicators such as RSI might be showing overbought conditions or bearish divergence, signaling a potential trend reversal. Range Expansion and Compression: The price is nearing the top of a range, with high probability for reversion to the mean or a move toward the lower bound. Risks and Considerations: Breakout Potential: If the price closes decisively above 151.800, it could invalidate the bearish setup and trigger a bullish continuation.
Short
by tamrobert20
Fundamental Market Analysis for December 10, 2024 USDJPYDoubts about the Bank of Japan's ability to keep raising rates proved to be a key factor undermining the yen. The Japanese yen (JPY) lost ground against its U.S. counterpart for the second straight day on Tuesday and lifted the USD/JPY pair to a one-week high, above the mid 151.000s during Tuesday's Asian session. Uncertainty over how soon the Bank of Japan (BoJ) may raise interest rates again has JPY bulls on the defensive. In addition, the overnight rebound in US Treasury yields from October lows undermines the low-yielding Yen. Furthermore, the US Dollar's post-NFP rebound from near one-month lows, backed by expectations of a less accommodative stance from the Federal Reserve (Fed), acts as a tailwind for the currency pair. That said, the softer tone of risk sentiment, concerns that US President-elect Donald Trump's tariff plans could trigger a second wave of global trade wars, and geopolitical tensions help limit deeper losses for the safe-haven yen. Traders may also refrain from aggressive bullish bets on the USD/JPY pair and prefer to wait for the release of the latest US consumer inflation data due on Wednesday. The all-important Consumer Price Index (CPI) report will be seen as a fresh signal that the Fed is going to cut rates. This, in turn, will stimulate demand for the dollar and provide meaningful momentum to the currency pair ahead of the central bank's key events next week. Trading recommendation: Trade mainly with Buy orders from the current price level.
by Fresh-Forexcast2004
#001 New DCA USDJPY Short RangeShorting USDJPY. I am restarting my count. I think I have to trade less and be specific if I am trading ranging or trending market. Also be willing to accept the fact that price might not be working in my intended idea and to close the trade out for a loss instead of dca-ing even more. But also, to not multiply my positions as much as I can and to keep my multipliers reasonable. DCA less and at more prominent areas of value, focus on Hourly Time Frame and above because it provides a higher pip TP than 15 minutes time frame where I take on average 40cents as compared to now I am taking 1$ or so per position while risking 0.01cents SGD. 1345SGT 10122024 21 DAYS TO 2025. Also, stochastic 20,1,1 and swings is a very good tool to tell if price is trending or ranging.
Short
by ProfessionalDuckHunter
Overlap resistance ahead?USD/JPY is rising towards the pivot and could reverse to the 1st support which acts as a pullback support. Pivot: 151.83 1st Support: 149.63 1st Resistance: 153.43 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.
Short
by ICmarkets
USD/JPY – 30-Minute Time Frame AnalysisUSD/JPY – 30-Minute Time Frame Analysis USD/JPY has recently broken above the key resistance level of 150.665 and is now retracing to test this level as potential support. This is a critical zone to monitor for a potential buy opportunity, provided the right conditions are met. Key Levels and Trade Setup Retest of 150.665: The price is retracing to the 150.665 level, which is now acting as a support zone after the breakout. On the 30-minute time frame, this area aligns with a significant order block, indicating potential institutional interest. Confirmation for a Buy Trade: Before entering a long position, wait for clear signs of rejection at 150.665. Look for a bullish reaction, such as: A wick to the downside indicating liquidity grab. Bullish candlestick patterns (e.g., hammer, engulfing). Only enter a trade if the price shows strong upward momentum after interacting with this level. Risk Management: Ensure stop-loss levels are well-placed below the 150.665 zone to minimize risk. Avoid impulsive trades without clear confirmation, as false breakouts or retracements can occur. Final Thoughts This analysis is based on the 30-minute time frame, which provides a clearer picture of the current price action. Patience is essential; let the price test the 150.665 zone and wait for a proper reaction before entering a position. Remember, protecting your capital is key. Always trade with a well-thought-out plan and adhere to proper risk management. That’s it for today’s update. I hope this analysis adds value to your trading strategy. Don’t forget to like and comment if you found this helpful!
Long
by KainT21
USDJPY InsightHello, subscribers! It's great to see you all here. Please feel free to share your personal opinions in the comments. Don’t forget to hit the like button and subscribe! Key Points - Chinese President Xi Jinping emphasized the need for more proactive fiscal policies and moderately accommodative monetary policies. The Politburo also stressed the importance of actively boosting consumption, enhancing investment efficiency, and expanding domestic demand in all areas. - Markets interpreted this as a signal that China might implement stronger easing measures. - On December 11, the U.S. November CPI will be released. Markets expect the Core CPI to rise by 0.3% month-on-month. - The Bank of Canada is expected to cut rates by 50 basis points, while the European Central Bank is projected to lower rates by 25 basis points. - The Reserve Bank of Australia has decided to hold its policy rate steady at 4.35%. Key Economic Indicators - December 10: Germany’s November Consumer Price Index - December 11: U.S. November CPI, Bank of Canada interest rate decision - December 12: ECB interest rate decision, U.S. November Producer Price Index - December 13: U.K. October GDP USD/JPY Chart Analysis After encountering resistance at the 157 level, USD/JPY experienced a significant drop over the week, reaching the vicinity of 148.500. However, it rebounded successfully and recovered to the 151 level. Nevertheless, with the 152 level acting as resistance, it remains uncertain whether the pair can break through this area. Given the abundance of market-moving events this week, determining the direction is challenging. If the pair holds above the 149 level, it could rise toward 154, while a decline below 149 could see it drop as far as 140.
Long
by shawntime_academy
USD/JPY BEARISH MOVE As you can see FX:USDJPY is in a retest and retrace area. This is a point of interest in the market to create massive profit and oppurtunity. The yellow lines will represent the supports and resistance and the pink lines will represent liquidity resting below.. Understand this.... MARKET WILL ALWAYS TARGET PRICES THAT HAVE THE MOST LIQUIDITY. Now by understanding that we can understand that there is a lot of liquidity resting below ..So price will sweep liquidity upwards so It may have massive moves downwards.. Market will sweep liquidity price 153.440 and 151.956 before making it massive move down towards price 139.702.. My entry will be 153.440 and Tp will be set to 145.960 Allow price to sweep liquidity and touch the trendline we want to see trend line be respected and want to see price move downwards .. Also keep an EYE on JPYX its price movement matters if JPYX is moving upwards FX:USDJPY WILL MOVE DOWN AND IF PEPPERSTONE:JPYX IS MOVING DOWNWARD YOU WILL SEE FX:USDJPY MOVE UPWARD. Happy trading lets create opportunity's and profits.. Time to start printing
Short
by CEEJAYYTRADES
USDJPY H4 | Bullish Continuation?Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 150.62, which is a pullback support. Our take profit will be at 152.15, a pullback resistance close the 50% Fibo retracement and 161.8% Fibo extension, indicating a strong level of resistance. The stop loss will be placed at 149.47, which is an overlap support 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, previously FXCM EU 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.
Long
by FXCM
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