USDJPYUSDJPY will keep bullish track into 2025,on stronger united states dollar i expect the bullish swing into a possible retest zone on the roof of the ascending trendline.
USDJPY trade ideas
USDJPY SHORTAs predicted last week all analysis played out accordingly. This week i will continue to hold some of my positions for the longterm. This coming week will continue with the bearish trend on DXY, and we will keep shorting USD.
USDJPY will see more downside, as JXY gains more bullish momentum.
USDJPY: Is It Time to Intervene in the FX Market? As noted in the previous analysis, the pair saw an upward movement and reached the 158 supply zone. Given the current fundamental conditions, we don't view a bearish scenario for this pair as likely unless the Bank of Japan intervenes in the currency market. Otherwise, if the pair experiences a correction, a buy opportunity may arise again. The valid demand zone is around 154.
BULLISH?I think the USD/JPY might go up to the 161.670 zone before it falls down and gain more downwad momentum... we shall see,,
USDJPY NEOWAVE ANALYSIS (DAILY) Experimental analysis with the intention to follow back later on as I am still learning
This pair really excites me. I do not know why, but it has stuck with me, so I thought I’d give this a try even though it should be considered low probability due to me going deep down to the daily.
As you can see, once wave F got over, we did get a very good 5-wave rally to complete wave A. Although i have no idea yet what wave A is a part of.
After the biggest daily drop since wave 2, we got some downwards movement which indicated that the rally up is over.
Now using logic and good reasoning when I think about this, it’s not possible for the downside movement to end so quickly after almost 2 months of upwards movement. Hence, I will take it to believe that the correction is still ongoing and the rally we are seeing right now is a strong B wave rally of a possible flat.
I do not know where wave B will end, although since I do consider it to be strong, I will expect it to completely retrace wave A. Once we know where wave B finishes, then only I could understand whether the C wave will completely retrace the B wave.
Any prior sell off before retracing wave A would mean that we're looking at a triangle correction
USDJPY - 20/12/24 - Long IdeaThe week has been bullish leading up to FOMC, which had further propelled price up. However, Friday has presented a retracement. Waiting for price to reach price level 155.000 and start looking for long setups. This idea is based off of daily and 4H timeframe bullish structure and Order Block concepts.
USD/JPY Approaches Key Turning PointHello,
FX:USDJPY pair has experienced significant upward momentum and is currently approaching the weekly strong resistance level at 155.883, which previously served as support. If this level holds as support once again, further upside is likely. However, if it fails to hold, a downside movement can be expected from this point forward.
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TradeWithTheTrend3344
USD-JPY Bullish Bias! Buy!
Hello,Traders!
USD-JPY keeps growing and
The pair made a bullish breakout
Of the key level of 155.900
And is now making a
Retest of the new support
From where we will be
Expecting a further move up
Buy!
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Check out other forecasts below too!
USDJPY Buyers In Panic! SELL!
My dear friends,
USDJPY looks like it will make a good move, and here are the details:
The market is trading on 156.76 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 154.65
Recommended Stop Loss - 157.90
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
USDJPYHere is our in-depth view and update on USDJPY . Potential opportunities and what to look out for. This is a long-term overview on the pair.
Alright first, let’s take a step back and take a look at USDJPY from a bigger perspective. For this we will be looking at the H4 time-frame .
USDJPY is currently trading at around 151.800 after making its correction down to 150.400 .
Scenario 1: SELLS from higher levels (153.300)
We are at 153.300.
That would confirm our pullback to the uspide and as long as it’s respected, we should continue to the downside to our next KL (Key Level) sitting at 150.400.
Scenario 2: SELLS from 150.400
We dropped down to our Key Level 150.400 . If broken we should see more sells down to our targeted zones 149.500 - 149.000 .
Scenario 3: BUYS from 154.700.
We broke above 154.700 and are trading above it. We should see more upside potentially reaching new highs at around 158.800 .
Personal opition:
The direction for now is unclear until we break our mentioned key levels. A safe sell trade could be taken at 153.000 - 153.300 . Be patient and stay tuned for updates on this pair.
KEY NOTES
- USDJPY breaking below 150.400 would confirm sells down to 149.500 - 149.000.
- USDJPY failing to break above 153.300 would confirm sells.
- Breaks above 154.700 would show signs of reverse and could potentially rise up to 158.800.
Happy trading!
FxPocket
USD/JPY Trade Recap: Precision at Its Best!This trade on USD/JPY played out beautifully, showcasing the power of a well-structured approach and advanced tools like the WiseOwl Indicator. Let’s break it down:
Trade Context:
On the 1H timeframe, the market was respecting a clear bullish structure.
Using the WiseOwl Indicator, I spotted an ideal entry point at the breakout of the accumulation phase, which aligned perfectly with the higher timeframe trend.
What Happened:
The entry signal was spot on, and price moved precisely toward my medium-term target of 156.74 and even beyond.
Currently, price is hovering around 157.45, and I’m watching for a potential pullback into the 155.50–156.00 zone for the next move.
Key Takeaway:
The WiseOwl Indicator helps simplify decision-making by highlighting key setups in alignment with market structure. Paired with patience and a solid understanding of context, this creates high-probability opportunities.
💬 What are your thoughts on this trade? Are you using similar tools to refine your entries and exits? Let’s discuss below!
#USDJPY $USDJPY Rise after Monetary Policy Divergence...The USD/JPY continiues to produce.
Latest:
The USDJPY has seen an increase over the last three days due to several factors:
Monetary Policy Divergence:
The Bank of Japan (BoJ) decided to maintain its interest rates, reflecting a dovish stance in contrast to the U.S. Federal Reserve's more hawkish approach. This divergence in monetary policy tends to strengthen the U.S. Dollar against the Yen since investors can borrow Yen at low rates to invest in higher-yielding U.S. assets.
FOMC Meeting Impact:
The recent FOMC meeting indicated a slower pace of rate cuts for 2025, which typically supports a stronger U.S. Dollar. This hawkish cut by the Fed, alongside the BoJ's inaction, contributed to the USDJPY's upward movement.
Market Reactions and Technical Levels:
Following the FOMC and BoJ announcements, there was an immediate market reaction. The USDJPY broke higher post-BoJ press conference, indicating a breakout possibly influenced by both the Fed and BoJ decisions. Technical analysis suggests that if the pair maintains above certain levels, like 157, it could aim for higher extensions, showing strong market sentiment towards further appreciation of the USD against JPY. Although a pullback at this level would be healty.
Speculation on Future Interventions:
There's an anticipation that the Japanese Ministry of Finance might intervene at around the 160 level to protect the Yen, but historical interventions have been less effective, suggesting that the USDJPY could continue to rise if these levels are approached (Taking a look at the upper line yellow line at the chart, if this is tested, broaken and holds we could see a great incerease).
My target would be at 160- 165 lvl for now if it holds its current price or finds support in event of an pullback at a key level.
However always keep in mind, currency movements are also influenced by broader market sentiment, geopolitical events, and other economic indicators. This is not financial advice.
USDJPY: Retracement from Critical LevelThe USDJPY seems overbought after yesterday's bullish rally.
The pair could retrace from the marked blue daily resistance level, with a potential target around 156.48.
Moreover, a double top pattern on the hourly chart provides additional confirmation.
Bearish drop?USD/JPY is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance.
Pivot: 155.72
1st Support: 154.28
1st Resistance: 157.72
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Disclaimer:
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USDJPY | Hidden Bearish Divergence | 1HCurrently, the USDJPY chart shows the formation of a hidden bearish divergence and a double top pattern, both indicating that the uptrend is shifting into a downtrend. Additionally, new lower lows (LL) and lower highs (LH) are forming, confirming the change in market structure. These factors suggest the presence of a potential reversal zone (PRZ), where the price is likely to continue its downward movement.
Explanation:
1: Hidden Bearish Divergence:
The price is formed higher highs (HH), while the RSI is showing lower highs, signaling weakness in the uptrend and a potential reversal.
2: Double Top Formation:
A double top is a strong reversal pattern, indicating that the price has struggled to break through a resistance level and is now likely to move downward.
3: Market Structure Shift:
The formation of lower lows (LL) and lower highs (LH) indicates a transition from an uptrend to a downtrend, confirming bearish sentiment.
4: Potential Reversal Zone (PRZ):
The confluence of divergence, the double top, and the structural change points to a PRZ where sellers are likely to dominate, pushing the price further down.
This setup suggests a bearish bias, and traders could look for sell opportunities after proper confirmation, such as a retest of the PRZ or a bearish candlestick pattern.
USDJPY: Multi-Time-Frame OutlookHello Traders,
A weekly close above 159.00 strengthens the bullish outlook for the next 3 to 4 months.
Conversely, a break and close below 154.50 on the daily timeframe suggests a possible decline towards 148.00.
Currently, we anticipate a rebound from the 156.77-156.40 zone.
However, a solid close below 156.40 and a break of the ascending channel would increase the likelihood of a drop to 155.50.
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USDJPY: Pullback From Key Level📉 The USDJPY appears to be overbought following yesterday's bullish movement.
The price might pull back from the highlighted blue daily resistance, potentially reaching at least the 156.48 level.
Additionally, I spotted a double top pattern on the hourly chart, which serves as confirmation.
USDJPY=SELL STOPUSDJPY=SELL STOP
Dollar-Yen
Sell Stop
From the blue line,
Targets and stop-loss are on the red line.
USD/JPY 4H Timeframe AnalysisUSD/JPY 4H Timeframe Analysis
Trend Analysis:
The USD/JPY pair is currently in an uptrend, having successfully broken key minor resistance levels, including 156.800, which has now turned into support. This break signals the continuation of bullish momentum, confirmed by the formation of higher highs and higher lows. Recently, the pair broke the 157.500 minor resistance, further indicating that buyers have stepped in. The price action is now moving towards the next major resistance level at 160.900.
Additionally, price action has shown signs of manipulation or liquidity grabs at key levels. The price briefly dipped below support, hunting stop losses before reversing direction. This has set up the potential for a continuation of the uptrend, as the market clears out stop losses and accumulates liquidity for the next leg up.
Price Action Expectation:
We are observing liquidity being formed below the 156.800 support level. We are now waiting for a breakout above 157.500 to confirm the continuation of the bullish trend. The plan is to place a buy stop order at 157.690, just above the minor resistance, to enter the market once this level is broken. A stop loss will be placed below the liquidity zone at 156.500, a strategic location to manage risk.
Trade Setup:
Trade Type: Buy Stop
Entry Price: 157.690 (just above the minor resistance after a breakout)
Stop Loss: 156.500 (below the liquidity zone)
Take Profit: 160.900 (next minor resistance level)
Additional Considerations:
The current bullish setup remains valid, but traders should be cautious of any potential reversal signs if the price fails to break above 157.500. If price action shows signs of rejection at these levels, a shift in trend could occur. Monitoring any significant news events or economic releases will also be important to avoid unexpected market moves.
Conclusion:
The USD/JPY pair is showing strong bullish momentum, supported by the technical breakout of key resistance levels. As the price moves toward the next resistance at 160.900, careful risk management is crucial. Traders should be prepared for possible pullbacks or consolidations around key levels while maintaining a focus on trend continuation. Economic events and market sentiment can still influence the strength of the USD against the JPY, so staying alert to these factors is essential.
USDJPYHello everyone!
USD/JPY is back above 155.00, a new high for the month following the BoJ's policy decision. The BoJ kept its short-term interest rate target unchanged at 0.15%-0.25%. The decision was in line with market expectations. Governor Ueda's press conference is now awaited.
USD/JPY price action: breakout rally after hawkish FedThe USD/JPY pair has surged over 2% to reach 157.51, marking the yen's weakest level in four months. This significant rally follows recent interest rate decisions by the Federal Reserve and the Bank of Japan. Despite the Fed's 25bps rate cut, the US dollar has gained strength due to the market's anticipation of only two rate cuts in 2025, contrasting with earlier expectations of four. This decision maintains the interest rate differential between the US and Japan, benefiting carry trade strategies. Meanwhile, the BoJ has kept its short-term rate steady at 0.25%, its highest since 2008, with potential rate hikes forecasted if economic conditions align. The US's optimistic economic projections, with rising GDP, inflation, and job growth, further bolster the dollar's appeal. As global economic uncertainties and political changes unfold, traders should monitor central bank signals to navigate the USD/JPY's trajectory and carry trade opportunities.
