USDJPY BEARISH LEVELHey there on 1HTF the usdjpy looking for bearish level from 158.00
In there higher zone we can see now it can be next touch 155.00
So in this case we can see a dip zone as well
USDJPY trade ideas
USDJPY - Long Trade - 14th January 2025Long trade position on FX:USDJPY
Normally, would wait for the 5h candle to close in this case, but anticipating it closing green to confirm higher prices. Have taken better trades, so let's see if this one work outs.
- R2F Trading
USDJPY BUY ANALYSIS FALLING WEDGE PATTERNHere on Usdjpy price form a falling wedge pattern and now try to go up so as line 157.542 has broken price is likely to go up more and trader should go for long with expect profit target of 158.140 and 158.883 . Use money management
USDJPY - Potential Correction, SHORTDear Friends,
How I see it:
Rising Wedge Pattern.
Price is holding around fair market value, exhaustion characteristics.
Safest Option:
Waiting for a wedge " breakout and hold" for a short entry.
However, best practice is to accumulate inventory
above or close to FMV at least for your short entry
Keynote:
Strong support around 156.250 which could serve as the re-test support.
I deeply appreciate you taking the time to study my analysis and point of view.
usdjpy it will collect liquisity and its ditection is upside with small campital u csn easly grow ur accout
USDJPY InsightHello, subscribers!
Great to see you all here. Please feel free to share your personal opinions in the comments. Don’t forget to like and subscribe!
Key Points
- The likelihood of the Federal Reserve holding interest rates steady has risen, pushing the U.S. 10-year Treasury yield above 4.8% for the first time since November 2023.
- China’s central bank and foreign exchange regulators announced an increase in foreign currency borrowing limits to defend the yuan’s value.
- In Japan, inflationary pressure is mounting, with rice prices surging 63% due to supply shortages. Additionally, base wages have seen their largest increase in 32 years, raising the prospect of a rate hike.
Key Economic Events This Week
+ January 14: U.S. December Producer Price Index (PPI)
+ January 15: U.K. December Consumer Price Index (CPI), U.S. December Consumer Price Index (CPI)
+ January 16: U.K. November GDP, Germany December Consumer Price Index (CPI), U.S. December Retail Sales
+ January 17: U.K. December Consumer Price Index (CPI)
USD/JPY Chart Analysis
The price action seen in the 156–158 range is gradually expanding, with highs recently reaching the 159 level. Currently, the pair has retreated back to the 156 level, suggesting that a clear directional move may soon emerge.
1. If the pair breaks above 159, we anticipate an uptrend toward 162.
2. Conversely, if it falls below 156, a decline to 154 appears likely.
Japan's Economic Outlook: Steady Progress Amid UncertaintiesHello,
FX:USDJPY will see downside as Japanese economic data remain positive, with recovery ongoing. The BOJ's outlook appears accurate, as the economy continues to progress steadily. Although uncertainties persist, they are unlikely to prevent the BOJ from raising rates in the future. The current account surplus is now Y3.3525 trillion, with a Y2.6911 trillion surplus anticipated. December bank loans increased by 3.1% year-on-year, following rises of 2.9% in November and 2.6% in October. Robust bank loans indicate that Japan Inc is progressing smoothly. There are uncertainties regarding new US Trump administration policies in 2025. Nonetheless, the domestic economy is stable, with trade with the US being the only question. This will be a solid bearish opportunity that will unfold shortly!
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
USDJPY SHORTUSDJPY: Rising Wedge Consolidation with Bearish Momentum Building
Market Overview:
USDJPY has been moving within a large Rising Wedge pattern on the Daily timeframe, currently consolidating near the top. We are observing Daily RSI divergence, signaling potential exhaustion at these elevated levels. The 4H intermediate structure has broken below the 50 SMA, indicating early signs of bearish momentum.
Key Observations:
1. Bearish Momentum Building:
• The rejection at the top of the wedge coincides with increased volatility, as shown by the Bollinger Bands, suggesting that the anticipated downward move may have already begun.
• Confirmation of bearish momentum on lower timeframes (LTF) is required for precise entry into this move, targeting the 153-154 region.
2. Weekly Perspective:
• USDJPY has recently broken out of a long-term downward trendline on the Weekly chart, marking a shift in macro sentiment.
• This pullback is setting up for a potential Higher Low (HL) on the Daily timeframe, creating a base for a continuation move beyond 158.
3. Fibonacci Confluence:
• The anticipated downward move aligns with the 0.5-0.618 retracement of the larger upward move—a strong area for liquidity gathering and a potential bullish HL formation on the higher timeframes.
4. 4H Bullish Order Block:
• The 4H bullish order block near the retracement zone adds further confluence as a key area to watch for reversal and liquidity accumulation.
Trading Plan:
• Current Focus: Await confirmation of bearish momentum on LTF for a high-probability entry into the pullback.
• Target Zone: 153-154 region, aligning with the Rising Wedge breakdown and retracement levels.
• Larger Trend: The pullback is viewed as part of a macro bullish structure, setting up for a significant continuation move beyond 158 in the coming weeks.
Stay tuned for precise entry signals as we monitor bearish momentum and key levels for validation. Trade with discipline and proper risk management!
USDJPY - Bullish TrendAs the US pairs are showing volatility and $ showing strenght USDJPY seem to be in retracement mode and preparing for the next move up.
Entry can be taken at CMP and SL the last HL which the pair made.
USDJPY Potential UpsidesHey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 156.600 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 156.600 support and resistance area.
Trade safe, Joe.
USDJPY and US10Y Late last summer on Aug 5th when the Yen Carry trade unwound, the S&P 500 fell more than 5% intraday and VIX spiked to 60. This marked a localized bottom on the USDJPY daily chart with US10Y making 52 week lows the following month Sept. Since then, the US10Y has been on a relentless run to the 52-week high of 4.79%. This reminds us that under the surface there might be Yen carry trade in full swing. That means traders / investors are borrowing at low interest rate in JPY and then buying the US10Y to get the interest rate differential. This is also pushing the US Dollar index to recent ATH. There might be sharp reversals when the USDJPY carry trades unwind. Watch for key levels in US10Y and DXY. US10Y at 5% might be the turning point which will mark a failed breakout at Oct 2023 highs.
USDJPY Short TradeHere's a trade idea I'd be looking to capitalize on. I'm going to be journaling all my trades here , before I take them. Kindly give me a follow and react to the ideas if you find them helpful
Potential Setup for JPY/USD: Double Top and Wedge Pattern AnalysThe JPY/USD pair is showing signs of a major trend reversal, with a potential double top pattern forming. While there was a bullish trend earlier, it officially ended with the penetration of the trendline in early August 2024, marking the shift to a potential bearish structure.
Currently, the market appears to be in the second leg of the double top, signaling the possibility of a major reversal. This setup could take one of three forms:
• A higher high double top, indicating a false breakout.
• A lower high double top, confirming weaker buying momentum.
• A double top with equal highs, aligning with a classical reversal pattern.
Key Observations
1. Resistance Zone Around 160
Price is expected to test the resistance zone near 160, which aligns with the potential peak of the double top. Traders should look for a rejection signal to confirm the resistance level's strength.
2. Wedge Blow-Off Above the Upper Channel Line
The first sign of a reversal may be a blow-off in the wedge pattern, as the price moves above the upper channel line. This would indicate exhaustion in the upward momentum and the beginning of a bearish reversal.
3. Retest or Pullback Scenarios
o If the price breaks through the resistance zone, wait for a retest of the 160 level to confirm it as a false breakout.
o If the price starts to decline without reaching the resistance zone, traders should watch for a pullback to the EMAs. A death cross—where the 20 EMA crosses below the 50 EMA—will provide further confirmation of bearish momentum.
4. Trading Range and Micro Double Top Formation
The price may enter a trading range after rejection at the resistance zone or following a breakout. Within this range, we can expect the development of a micro double top pattern, which could serve as a precursor to further downside. This setup would reinforce bearish momentum and provide additional entry opportunities.
Target Levels
1. First Target – 150 Zone
The initial target lies near the 150 level, which aligns with a key Fibonacci retracement. At this zone, we can expect a pullback before further downside.
o If the 150 zone is penetrated, traders should move their stop-loss to the pullback level for protection.
o Additionally, traders may choose to add to their existing short positions during the pullback, depending on the structure of the retracement.
2. Second Target – Beginning of the Wedge
The final target for the double top setup is the beginning of the wedge pattern, representing a major support level and the structural low before the second leg formed.
Strategy Recommendations
• Entry Points: Monitor price action closely around the 160 resistance zone. Rejection at this level would strongly support the double top scenario.
• Pullback Entry: If a wedge blow-off or initial decline occurs, consider entering short positions during pullbacks to the EMAs, especially as the 20 EMA crosses below the 50 EMA.
• Stop-Loss Management: Use a trailing stop to protect profits as the price moves toward target levels. Adjust stop-loss levels after pullbacks, particularly after penetration of the 150 zone.
• Second Entry Opportunity: Look for a second short entry after pullbacks to the EMAs to strengthen your position.
The JPY/USD pair offers a compelling setup for a major trend reversal, supported by clear technical signals. The current price action suggests a second leg of the double top is forming, and traders should remain vigilant around the 160 resistance zone. With the 150 zone as the initial target and the wedge’s starting point as the final target, traders can capitalize on multiple opportunities by combining pullback entries, stop-loss adjustments, and trailing stops to effectively manage risk and maximize potential gains.
UJ COULD POTENTIALLY REACH A CRITICAL ZONE (ATH)UJ could potentially approach is it’s All time high soon , we will then look for a trade set up when reaching this Zone more to follow
USDJPY SELL ANALYSIS HEAD AND SHOULDER PATTERN Here on Usdjpy price form a head and shoulder pattern and is likely to fall more as line 157.106 has broken so trader should go for short and expect profit target of 156.357 and 155.564 . Use money management
USD/JPY H4 | Bullish uptrend to extend?USD/JPY is falling towards a swing-low support and could potentially bounce off this level to climb higher.
Buy entry is at 156.60 which is a swing-low support that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 155.80 which is a level that lies underneath a multi-swing-low support.
Take profit is at 158.54 which is a pullback resistance.
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4-hr USD/JPY: Another 200 Pip Rise Not Impossible The Dollar King continues to assert its dominance, with the EUR, GBP, and AUD seeing significant declines over the past weeks. This robust performance is fueled by the Fed’s hawkish comments on fewer rate cuts in 2025, bolstered by last week’s strong NFP and Unemployment data. The USD is poised for further gains in the near term, although a deeper correction may follow. Technically, after amassing hundreds of pips, a conservative pullback seems imminent. USD/JPY recently broke below its 60-period MA, a support level it previously respected, opening the door for a dip. The 23% Fibonacci retracement now serves as the next key support level, where a rebound could align with the pair’s strong upward momentum. A move toward 156.50, or slightly lower, may invite fresh speculative buying. Such activity is expected to drive USD/JPY another 200 pips upward, potentially retesting its highs above 158.60 and reinforcing the pair’s bullish trajectory.
USD/JPY: Signs of Exhaustion Amid Yield and RSI DivergenceWhile USD/JPY remains strongly correlated with yields in the belly of the US Treasury curve, that’s not translated to explosive upside recently, a noticeable departure from the trend seen in previous months where rising yields saw dollar-yen rip higher.
With the pair unable to hold gains despite the blowout nonfarm payrolls report last Friday, the price action hints of fatigue following the substantial bullish run from the September lows. The inability to follow US Treasury yields higher may also be a sign carry trade flows may be slowing or even stalling.
RSI (14) has diverged from price over the past month, and with MACD generating a fresh bearish signal, it points to waning bullish momentum, potentially increasing the risk we may see some form of bearish reversal.
With dips below 157 bought over the calendar turn, the risk-reward of going short around current levels does not screen as compelling, suggesting those considering bearish trades may want to wait for a potential retest of Friday’s high of 158.88 before initiating trades.
If the price were to be rejected again at this level, it would generate a decent setup, allowing for shorts to be established beneath the level with a tight stop above for protection. 155.89 would be a potential trade target.
USDJPY speculation SELLUSDJPY candle break out below uptrend line.
PoC is also at the top with candle closed below PoC.
SELL this pair with speculation that it will be start of
1. corrective wave
2. reversal to downtrend
