USDJPY expecting a bull run based on daily analysisUSDJPY at a previous support and if it closes above 146 then expect a small bull runLongby VM9275Published 112
Sweet spot to sell USD/JPYHopes of feds cutting rate is getting more credit across the market and we also have Powell about to speak in the morning. If he further confirms what the rate cuts anticipation, then it's fair to expect a continuation of the USD/JPY dump . At the least we can take some profit at value area low and leave a runner for an expected lower lowShortby ExoProtocolPublished 0
USDJPY trading signalsUSD/JPY holds recovery from two-week lows of 144.95 USD/JPY is trading near 145.50 early Wednesday, sustaining the bounce from two-week lows of 144.95. The pair has recovered following a bigger-than-expected Japan's Merchandise Trade Deficit, which weighed on the Yen despite a risk-off mood. Fed Minutes eyed. BUY USDJPY now zone 145.700-145.500 ↠ Stoploss 145.200 → Take Profit 1 146.100 → Take Profit 2 147.000by TVS-TraderPublished 8
USDJPY Possible Short Position BBMA OA ReEntry Zone Zero Loss4H - Re-Entry 1H - 50 EMA Rejection + Bollinger Band Rejection 15m - Entry in MAHI Note: * Cancel trade or cut-loss when candle close Above MAHI (2 Grenn Color Lines) in 4H * 1:3 RRR * TAYOR A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis I am using the BBMA OA Reentry Zone Zero Loss Strategy as a basic reaction to recent market events, rather than attempting to forecast the market's future courseShortby GreggiBondPublished 3
Technical analysis We wait for the price in the area of the pTechnical analysis We wait for the price in the area of the price line to arrive and close below itby AdhamcurrencyPublished 6
Fundamental Market Analysis for August 21, 2024 USDJPYAn event to look out for today: 21:00 GMT+3. USD - Publication of the Fed meeting minutes USDJPY: The Japanese Yen (JPY) declined against the US Dollar (USD) following the release of trade balance data on Wednesday. However, the yen's decline may be limited due to the growing likelihood of another interest rate hike in the near future. Traders are also expecting Bank of Japan (BoJ) Governor Kazuo Ueda to address parliament on Friday, where he will discuss the central bank's decision to raise interest rates last month. Japan's merchandise trade balance narrowed to a deficit of 621.84 billion yen in July, changing the 224.0 billion yen surplus recorded in June to a deficit of 330.7 billion yen, according to market estimates. This is the fifth deficit this year as imports grew much faster than exports. The US Dollar (USD) is trying to halt a three-day losing streak as traders are cautious ahead of Wednesday's release of FOMC meeting minutes, which will decide on July policy. Additionally, traders are looking ahead to Fed Chairman Jerome Powell's upcoming speech at Jackson Hole on Friday. According to CME FedWatch Tool data, the probability of a 25 basis point (bps) Fed rate cut at the September meeting is nearly 67.5%, up from 76% a day ago. The probability of a 50 basis point rate cut fell to 32.5% from 53.0% a week earlier. Trading Recommendation: Watch the level of 146.20, if the level strengthens above, consider Buy positions, if the level rebounds, consider Sell positions.Longby Fresh-Forexcast2004Published 0
Continue Reading USDJPY Price ActionLet's Continue Reading Price Action of USDJPY OANDA Chart and Looking for Some Trade Opportunities, Good Luck With Your Trades :D13:04by FXSGNLSPublished 1
USD/JPYSeems to bounce back, after falling for quite some time and making reversal patterns seems to make a recovery.Longby adi811811Published 1
UsdjpyUsdjpy has began it bullish race after a deep bearish momentum. 4H Liquidity Sweep and 15min BOS. Enjoy Longby FMD_FXPublished 8
Don't miss the great SEE Opportunity in USDJPYChart indicates a potential bullish move in the USD/JPY pair, with a target around the 147.00 level. The trade setup shows a strong support level at 145.00, with a tight stop loss, suggesting a calculated entry into the market. If the price continues to respect the support at 145.00 and breaks higher, the trade has a good chance of reaching the target.Longby forexcitysignalPublished 2
Bull can make money again...After huge bearish move in the last weeks, USDJPY had big bull run and made a reversal pattern in the bottom. Now, bull has chance to make money again. Trade safe. Good luck. Longby rezamousaviPublished 118
USDJPY BUYSNice expanding flat for another push up.. Impulse down being corrected by a nice expanding flat wich broke the bottom already. Expecting to brake 148 levelLongby oscarposadaPublished 3
The Japannese Yen continues to Override the US Dollar!USDJPY which went bearish, from atleast a month ago continue to show a serious plummet after failing to break the the H4 Timeframe trendline. Hopefully this might be a great comeback for a devastated Japanese economy! Shortby Worlds_Best_ScalperPublished 7
Bearish drop?USD/JPY has reacted off the pivot and could drop to the pullback support. Pivot: 145.97 1st Support: 144.16 1st Resistance: 147.31 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.Shortby ICmarketsPublished 8
Does the USD/JPY Bounce Have More to Give? Does the USD/JPY Bounce Have More to Give? Credit Agricole anticipates a potential rally in USD/JPY this week, hinging on market reactions to Federal Reserve Chair Jerome Powell’s upcoming address at Jackson Hole. The bank suggests that traders might need to recalibrate their expectations for Fed rate cuts. Current market sentiment, as reflected in the CME Group’s FedWatch Tool, shows a 77.5% probability of a 25 basis-point rate cut and a 22.5% chance of a 50 basis-point cut. Goldman Sachs’ chief economist, David Mericle, also aligns with the 25 basis-point outlook for September, downplaying the likelihood of a more aggressive move. The focus will be on Powell’s speech, scheduled for Friday at 10 a.m. ET. Should Powell strike a less dovish tone than expected, key resistance levels at 150.00 and 152.00 could be tested, with the potential for USD/JPY to surge even higher. by BlackBull_MarketsPublished 3
USDJPY 15M Chart: Short EntryOne more shot at LTF UJ shorts but if 148.3 breaks I will be rethinking the bearish bias. Target 2 is HTF (4H) swing low sitting about 1 weekly atr from current price action. If we manage to make it down there, and have the nuts to hold, its 1:12 RRShortby trader9224Updated 227
USDJPY 15M Continuation EntryUJ shorts have been paying out for the last couple weeks now xD selling pullbacks/lowerhighs until it doesnt work or target 2 gets hitShortby trader9224Updated 11
Short UJ Entry: 15M entry 4H targetsI'm taking a short position on USD/JPY, looking for continuation towards the recent 4-hour swing lows. The pair has shown consistent bearish momentum, and I'm anticipating that this trend will extend further. The entry is positioned to target 1:3, with a focus on the price moving towards the previous (HTF) swing lows.Shortby trader9224Updated 6610
USD/JPY Short Trade Idea: Bearish ContinuationI'm expecting further bearish continuation on USD/JPY this week, with a focus on the 350-pip weekly ATR. The potential range is already mapped out on the chart, showing how far price action could move if the momentum continues. If we see another bearish week, this range could be fully realized, offering a significant move to the downside. Watch closely as price action develops within this projected range—it could provide key insights for confirming the continuation.Shortby trader9224Updated 0
IDEA USDJPY SHORT POSITION Pair : USDJPY Position : SHORT ( SELL ) Entry Price : 145.975 STOP LOSS @ 146.325 TP 1 @ 145.850 TP 2 @ 145.150 TP 3 @ 143.500 ( Trailing SL ) Shortby hamidTrader21Published 2
USDJPY SHORTUSDJPY SHORT PLEASE DON’T BE GREEDY ENTRY POINT : yellow point TP : blue lines SL : below red line for LONG POSITION above red Line for SHORT POSITION INSTRUCTIONS: FOR risk and money management: 5% of your wallet for LEV X ≤20 And 3% of your wallet for LEV X ≥ 20 PLEASE DON’T BE GREEDYShortby RODDYTRADINGPublished 7
USDJPY DOUBLE BOTTOM BUYHere on Usdjpy price has formed a double bottom around area of level 145.530 and so is likely to reverse and start buying so going for LONG is needed and targeting profit should be around 146.011, 146.512, 146.827 and 147.330. Is expected to use money management.Longby FrankFx14Published 4412
LONGS ON USD/JPYUSD/JPY 15M - As you can see the previous analysis provided for this pair is playing out really well, we are currently 20 pips up on this trade, if you guys are yet to take part in this market I will be looking for another entry. I now want to see price hold from this area of Demand and continue to trade us higher taking us up and above the previous highs that were set before price came down to correct itself. I am expecting longer term bullishness in this marker and we have seen price continue to respect these areas of Demand which is great for our bias, its important that we have confirmation to enter these trades before we are taking place. In order to get involved in this market now if we are not involved we would need to wait for price to correct itself in order for us to get a refined entry, making the most of this new bull run.Longby LukegforexPublished 5