USDJPY: Bears Will Push Lower The analysis of the USDJPY chart clearly shows us that the pair is finally about to tank due to the rising pressure from the sellers. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignalsPublished 222
USDJPY ready for bullish movementBased on my analysis USD/JPY will have a bullish movement on 4H timeframe . So this is my position for this scenario. If my analysis was satisfying to you, please like and subscribe. Good luck!Longby Brian_PhilipsPublished 0
USDJPY 20m Short-term Short Analysis Strategy preconditions USDJPY 20m chart, the downtrend strength has not completely depleted, we can still take some final Short trades before potential ranging or reverse begins. There are 2 Short strategies to go about, the first one is more risky while the second is safer and more rewarding. 1. Directly enter Short around the 20m resistance level 145.544, as the blue prediction shows. SL can be set below the "Caution level", TP at 144.520, do not be greedy for this trade, since the market can reverse quickly. I sense already that the momentum starts slowing down. This trade is more risky because we'll ignore additional LTF downward BOS confirmation, instead, we take Short directly when the 20m resistance is reached. 2. if we see that before the market reaches the 20m resistance, it has formed a relatively more bumpy and slower pattern shown by the purple prediction, we then wait for a clean LTF downward BOS confirmation and pullback prior to our Short entry. SL can be set above the entry area, and TP in this case can be more greedy at 1H level 144.147, which seems pretty clean in 20m chart as well. Cautions For the second strategy, if the "Caution level" is reached before any LTF downward BOS confirmation has formed, we must abandon this strategy, and start re-analysing the whole thing. In that case, I think the market will start ranging. For the first strategy, if the "Caution level" is reached first, then it is a loss. I know that the downtrend on 20m chart seems promising, but do NOT be greedy and think about some daily TP far below. We only take profit that we do understand. Editors' picksShortby ForextWaveTradingUpdated 44115
USD/JPY Latest: dovish Fed and hopes for September rate cutThe US dollar has been unable to regain the upper hand against the Japanese yen since the US data started to show signs of weakness back in early July. USD/JPY remains over 10% lower from the highs on July 11 despite having bounced off the August 5 lows. In the grand scheme of things, the pullback has been marginal given the pair remains 40% higher than the level at the start of 2021, when most central banks started hiking rates. Nonetheless, the recent pullback seems to be sustainable as the dollar-dominance that has taken place over the past three years seems to have come to an end. Wednesday’s FOMC meeting minutes seemed to all but confirm a rate cut in September, following a close call to keep rates unchanged in July. “Several observed that the recent progress on inflation and increases in the unemployment rate had provided a plausible case for reducing the target range by 25 basis points at this meeting.” This gave a dovish feel to the minutes causing the dollar to retrace further and yields to drop. The question remains as to how much the Fed will cut in September, with markets leaning towards a 25-bps cut so far. 50 just feels like too much of a confession that they got it wrong in July, and that could cause more panic in markets. On the Japanese front, the yen remains dominant across the board as the economic data shows a strengthening economy. The second quarter GDP data showed a 0.8% growth in the economy, higher than forecasted and a significant rise from the -0.6% seen in Q1. On a yearly basis, the figure also surprised investors by showing a 3.1% growth since Q2 2023, versus 2.1% expected. The July CPI data will be released on Friday, with forecasts expecting to see a continued rise in prices, evidencing the fact that it is not only external factors that a driving prices higher, as once speculated by the BoJ, but also strong domestic demand. This realisation allowed the Japanese central bank to raise rates twice in the past few months, also in an attempt to stop the continuous depreciation in the yen. But markets remain convinced that there will be no more rate hikes for a while, at least until the start of 2025 based on market pricing. Regardless, if this dynamic of expected lower rates from the Fed and expected higher rates from the BoJ continues, the USD/JPY is likely to continue facing downside pressure as the carry trade continues to unwind. Stronger economic data from Japan could push the currency lower over the coming weeks, as could weaker data in the US. For now, USD/JPY is attempting to recover some upside ahead of Jerome Powell’s speech at the Jackson Hole symposium on Friday. The bears have lost a little steam ahead of the event so we may see an attempted bullish reversal if markets perceive that the central bank continues to have confidence in the performance of the US economy. 148 will be a key level to overcome ahead of the august 15 high at 149.40. To the downside, a drop below 144.46 could re-confirm the appetite to drive the pair lower. by CapitalcomPublished 2
USD/JPY: Yen on the Rally RoadUSD/JPY could experience volatility due to recent developments in Japan. Japanese stock markets rallied following a positive PMI in the services sector, indicating sustained growth and supporting the possibility that the Bank of Japan will raise interest rates. This prospect of tighter monetary policy could strengthen the yen against the dollar. However, weakness in the manufacturing PMI and the possible slowdown in the US, reflected in the downward revision of payrolls, could limit the impact on USD/JPY. The focus will be on Japanese inflation data and Jerome Powell's speech in Jackson Hole, which could influence market expectations and thus the behavior of this currency pair. Looking at the chart, the Yen is currently on its way to appreciation against the US dollar. The volatility experienced over the last few months has brought the Yen back to March prices this year. Currently its control point (POC) is located around 150.496 more or less in the middle zone of March this year. At the moment the RSI is oversold at 34.82%, it would not be unusual to witness another possible attempt to break out of the long term range despite the interest rate adjustments, but in the long term the BoJ's idea is to return to the 140,400 yen per dollar area. Ion Jauregui - ActivTrades Analyst ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk. Shortby ActivTradesPublished 2
USDJPY1.USDJPY is in a major downtrend. 2.THe downtrend is indicatef by a series of LHs & LLs. 3.The market is in a declining channel. 4.The price is reacting from the declining restistance trendline. 5.We took a Sell because the price has indicated a reaction from the resistance trendline.Shortby Hyper_fxtPublished 1
USDJPY ANALYSIS PLUS TRADEIn this video, I analyze USDJPY and also display the trade I took. This video is informational.08:18by darrenblignaut78Published 2
A strong sell signal for USD/JPY. Can now drop to 125.00.Technical Analysis of the U.S. Dollar / Japanese Yen (USD/JPY): USD/JPY has triggered a strong technical sell signal after an established break below the 150.00 level. After a small rebound towards the 150.00 level, USD/JPY has now fallen again to around 145.00 today. USD/JPY has given a strong sell signal from a large rising wedge formation, and after this the break has now established below the 150.00 level. A sell signal has also been triggered after a break below the 50-day moving average. The next important technical support level is now down towards the 200-day moving average, which today is around the 131.00 level. Further down, there is significant technical support for USD/JPY around the 125.00 level, and down towards the lower trend line of the long-term uptrend that USD/JPY is moving within. The overall technical picture for USD/JPY thus indicates a further sharp decline for USD/JPY, and then preferably down to between 125.00 - 132.00. USD/JPY is currently trading around 145.00, and we are therefore talking about a possible significant further fall for USD/JPY in the time to come. What will be needed to change this currently very negative technical picture for USD/JPY will be to see an established break above the 150.00 level and above the 50-day moving average.Shortby StockCharts365Published 2
USDJPY Strong buy opportunity long-term.The USDJPY pair has been trading within a long-term Channel Up since the October 17 2022 High. The recent 6-week correction below the 1W MA50 (blue trend-line) is its technical Bearish Leg in order to price new Higher Low. The pull-back even broke below the 1W MA100 (green trend-line) but recovered as it didn't close a 1W candle below it and now the price action has settled within the 1W MA50 and MA100. If we do get a 1W candle closing below the MA100, wait for a buy near the bottom of the Channel Up, with the least risky buy being after the 1W MACD makes a Bullish Cross (has confirmed the last 2 major long-term rallies). If it breaks above the 1W MA50 first though, the 1W MACD will most likely also complete its Bullish Cross earlier, so we will buy nonetheless, even though the reward potential will be less. In either case, our Target is Resistance 1 (as it was on the rally that peaked on the week of November 13 2023) at 161.800. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇by TradingShotPublished 3
USDJPYUSDJPY price is near the support zone 145.06-144.14. If the price cannot break through the 144.14 level, it is expected that the price will rebound. Consider buying the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea! *Always follow your trading plan regarding entry, risk managementLongby Serana2324Published 2
USDJPY PRINTING CONTINUATIONUSDJPY is printing continuation bearish flag Technically: Bearish Flag Fundamentally: USD is bearish JPY is Bullish Shortby rizwanahmed0603Published 0
USD/JPY MY THOUGHTSLooking at USD/JPY i can see after analysing the monthly band that its dropped some seriously bearish candle sticks. coming to the small time frame i see sell on the daily, 4 hour and 1 hour using the fibonacci retracement. I think there would be some sell on this for a whileby DeaconCheese3088Published 447
USD/JPY H4 | Bullish bounce off 61.8% Fibonacci support?USD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 144.29 which is a pullback support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 141.53 which is a level that lies underneath a swing-low support. Take profit is at 149.27 which is a pullback resistance that aligns with a 38.2% 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. 68% 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. 73% 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.Long03:14by FXCMPublished 4
Long on USD/JPY Post-FOMC Currently Long on UJ after FOMC, we took out low of the Asian range which led us out of a consolidation range, DXY was giving the same reaction after taking out a daily low. Potentially to turn around, but it is just an idea. I trade my plan you trade yours. I have taken out 50% of my lots on this at 1:1, and already set to breakeven. So worst case scenario I walk away with +0.50%. Otherwise I am looking for price to take out an Asian High from recent swing highs.Longby imacuser2001Published 110
USDJPY: ShortTrend: Downtrend it was in uptrend but has broken last higher low and red candles are present no divergence on RSI and the selling momentum is increasing SL:147.415 EP: 144.520 (current price) TP: 141.781 R:R = 1: 1 Shortby SMS14Published 115
USDJPY 15min Short preparation Strategy preconditions UJ market is at very strong downtrend right now, take a look at daily chart and you will see. So we must follow the trend and take Short. Even though we know the market has high probability to continue pushing down, but the recent local movement at 15min chart is going up. The best way to take Short is to wait for the local trend starts to reverse to trending downwards as the same direction at HTF. So, in LTF, we must wait for a downside Break of Structure(BOS) to form first, then if we see any upward pullback occurs to some LTF resistance entry point, entry Short. You can set your SL above your LTF entry point area which might be formed later today, or set it at a conservative level I've marked as the "Caution Level" at 146.568. Since the strength of the entire downtrend is extremely strong, we can aim at two possible Daily targets, the first one is conservative at 141.684, and the second one is more rational at level 140.249. Personally, I think that this desired Short entry point will appear along with the impactful news FOMC Meeting Minutes later today, so this trade will be highly risky, but also very rewarding and effective. I recommend you to start monitoring the chart 30 minutes before the news release. If the desired Short opportunity appears, lower your lot size, do NOT be greedy. No professional traders should ever play too furiously with News releases. Cautions If the "Caution level" is broken before our desired downward BOS has occurred, we must abandon this Short idea, because I'll have no clue about what's gonna happen next, I think that the market will start ranging then. Is it possible that no pullback occurs after our desired downward BOS has showed up, so we may miss our Short entry point? Yes, it is highly possible in this case since the HTF downtrend is very strong. The best solution is to wait for the next Short opportunity and do NOT live in FOMO. For those who are reluctant to trade around News release, you can trade after that too. The idea is the same, keep seeking Short opportunities. Shortby ForextWaveTradingUpdated 7
USDJPY Massive Long! BUY! My dear followers, This is my opinion on the USDJPY next move: The asset is approaching an important pivot point 145.64 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 146.84 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK Longby AnabelSignalsPublished 119
USDJPY SHORT SELL Short Sell Order on USDJPY Since It's Bearish on the high time frames. Entry : 146.110 Take Profit: 145.7 Stop Loss 146.17 Do Your Own Research, this is not financial adviceShortby LegacyTrendXUpdated 3
$USDJPY | Buy Trade | Market Exec | Technical Confluences: - Price has been trying to consolidate at these prices - Prices have bounced off the Interest Zone but will face Resistance Trendlines and interest zones above Fundamental Confluences: - Similarly, like the earlier FX:USDCHF post - Market seems to have overdone their expectation of many rate cuts and based on how FED normally reacts, they are more reactive than pre-emptive. - In that sense, the Jackson Hole event this Friday may disappoint markets if Powell sticks to his affirmation that Sept cut is highly likely but any other cuts will remain data-dependent (If I'm wrong, then we will cut it if it breaks the 2024 low) ----- Taking on a short punt on the FX:USDJPY long trade before Jackson Hole event. It will be a digital event trade. Make or break. ----- Longby weekendanalystPublished 4
USD-JPY will go downHello,Traders! USD-JPY is trading along The falling trend line And the pair has made the new LH so I think that We will see a further move down Sell!Shortby asadiiiPublished 227
JPYUSDJPYUSD IS forming ELLIOT WAVE THEORY SO THE POINT IS IT IS work ARE notby IMRANHUSSAIN007Published 2
JPYUSDJPYUSD IS forming ELLIOT WAVE THEORY SO THE POINT IS IT IS work ARE notby IMRANHUSSAIN007Published 2