USD-JPY Bearish Wedge Breakout! Sell! Hello,Traders! USD-JPY has formed a Bearish wedge pattern And we are seeing a Bearish breakout now So we are bearish biased And we will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignalsPublished 113
USDJPY1.USDJPY has made a break on that Bullish Wedge.Bullish wedge shows an uptrend move. 2.Now that the wedge has been broken, We do not just enter a sell, we patiently wait for the market to retest the break, then we take our sells the moment the H2 candle closed bearish. 3.For now we wait for the market to complete its cycle.Shortby Hyper_fxtPublished 448
USDJPY to continue southboundUSDJPY has been on a strong downward trend for a month now, with very few pullbacks. Now price has finally made a pullback to the H4 EMA50 in the form of a pennant pattern. The top of the pennant @148.00 is proven to be an extremely strong resistance as price has rejected it 4-6 times. Now price is making its move down to continue the downtrend. A lower low has been made.Shortby gunhyPublished 2
USDJPY SHORT TRADE PLANThe pair has been trading in a bullish global trend supported by the rising trend line on D1 & W time frames. Recently this trend line has been broken down, a possible signal for a continued bearish movement. For now this pair is in a correction phase. I'll be looking for short trades near a mirror level and key zone if the price clearly rejects from these areas. Please do your own analysis before placing any trades. Cheers and happy trading !!!!Shortby FX_WizePublished 331
USD/JPY SELL STOP@146.808Hi Traders we have another potential sell trade on USD/JPY SELL. analysis taken from H4 to H1. last week trade played very well. this week still starting on good side. Thankyou for 200 followers on Tradingview truly appreciate everyone hitting that follow button. Here we learn and grow together. God bless Enjoy trading Certified price action kingShortby Low-keyFXtraderPublished 1
UsdjpyAt this point the ascending triangle can't break to the upside as it keeps on making multiple resistance touches...now formed a string resisting zone...this wholesome move is giving sell vibes for me ....Shortby youowemesonPublished 114
USDJPY BearishSelling call at USDJPY on breakout 1 H frame. Daily is aligned.Shortby noumannaseerPublished 3
MarketBreakdown | GBPUSD, USDJPY, NZDCAD, SILVER Here are the updates & outlook for multiple instruments in my watch list. 1️⃣ #GBPUSD daily time frame 🇬🇧🇺🇸 GBPUSD broke and closed above a resistance line of a bullish flag pattern on a daily. Because the pair is trading in a long-term bullish trend, such a violation is a strong bullish signal and a clear sign of strength of the buyers. I think that the pair will continue growing. 2️⃣ #USDJPY weekly time frame 🇺🇸🇯🇵 The market is very close to a recently broken major rising trend line that turned into a resistance after a breakout. I suggest looking for a pullback trade from that because a bearish reaction will most likely follow after its test. 3️⃣ #NZDCAD daily time frame 🇳🇿🇨🇦 The price formed an ascending triangle pattern on a daily. We see a breakout attempt of its neckline at the moment. A daily candle close above the underlined blue area will be a strong bullish confirmation. A bullish continuation will be expected then. 4️⃣ Silver #XAGUSD daily time frame 🪙 Looks like Silver has completed a correctional movement and returns to a global bullish trend. A recent breakout of a key daily horizontal resistance confirms a local dominance of the buyers. Do you agree with my market breakdown? ❤️Please, support my work with like, thank you!❤️Longby VasilyTraderPublished 336
USDJPY - Fib retracement before PPIA simple Buy strategy at the 0.75 Fib levels. The expectation is a simple 1:5 RR to take out the previous 4Hr highs and will start trailing my SL to BE when I reach 1:1 Longby Mojo_0906Updated 3
Dollar-yen might find a range rather than bounceThe yen’s strengthening accelerated at the very end of last month as the Bank of Japan (BoJ) surprised markets with another hike to 0.25%. However, it’s unclear whether the BoJ will hike again within the next few months since various senior members of its board have ruled this out when markets have been so unstable. Based on current expectations, the difference in rates between the USA and Japan will remain around 3.75-4.25% until the end of the year, so carry trades would remain viable in that situation. Given the momentum of the downtrend in its latest phase to 4 August, it’s difficult to point to a specific area as support. ¥145, June 2023’s high, is possible, but ‘buying the dip’ here would probably need to leave more room than usual for the price to move with a more distant stop, probably somewhere in the tail from 5 August. Although there was an upward crossover of the slow stochastic in oversold and neither that nor Bollinger Bands now signal selling saturation, the relatively low momentum of the bounce so far makes an ongoing recovery questionable. That’s not necessarily a problem for carry traders, though, since dollar-yen still provides quite a good yield by recent historical standards. However, as for other pairs with the dollar, American inflation on Wednesday 14 August is a critical release. If the annual headline figure is lower than the 2.9% expected, there could be a strong short-term downward reaction. This is my personal opinion which does not represent the opinion of Exness. This is not a recommendation to trade.by Michael_Stark_ExnessPublished 0
USDJPY SELL TARGET 140 -5 AugYen rally has sharped a signal that global recession has been out of the box finally due to failure of FED.Market is repeating 1980's pattern and in the last 2 weeks usdjpy has dropped 15% yet alone on last friday NFP 6%.nikkie is melting with yen rally,we will use every retracement as an opportunity to short. On 1h -15min look for retracement and enter Pre-asian*london*new york,if your late for entry dont FOMO be patience for the next year. Best days to enter Short-Monday & TuesdayShortby ProWolfTrader_89Updated 1
Another ascending triangle. Lets see how it plays out.Both CPI and PPI are set to release today, which could make or break this pattern. My personal bias is saying short, whilst my analysis says buy. Excited to see how this plays out. Gunna sit and think about this one. What do you think ?by louixjarvie1Published 221
Fundamental Market Analysis for August 13, 2024 USDJPYThe Japanese yen (JPY) continues to lose ground against the US dollar (USD) on Tuesday. Safe-haven currency flows may limit the yen's decline, which could be linked to rising geopolitical tensions in the Middle East. A special session of the Japanese parliament is scheduled for August 23 to discuss the Bank of Japan's (BoJ) decision to raise interest rates last month. Bank of Japan Governor Kazuo Ueda is expected to be invited to the session, organized by the lower house's financial affairs committee, government sources reported citing Reuters. The USD/JPY pair is gaining support amid easing pressure on the U.S. dollar due to lower expectations of a 50 basis point interest rate cut by the U.S. Federal Reserve (Fed) in September. According to the CME FedWatch Tool, the probability of a 50 basis point (bps) rate cut in September fell to 50% from 85% last week. Nevertheless, the betting markets continue to rate the probability of a rate cut at the upcoming meeting at least 25 bps at 100%. Trading recommendation: Trade predominantly with Buy orders from the current price level.Longby Fresh-Forexcast2004Published 0
USDJPY: Waiting For Breakout↪️I spotted a bullish pattern forming on the ⚠USDJPY chart, specifically an ascending triangle on the 4-hour timeframe. The market is currently trading within the boundaries of a horizontal neckline and an upward trend line. If there is a bullish breakout above the neckline (confirmed by a 4-hour candle closing above it), it would signal a strong bullish trend. In this scenario, the price could potentially reach the 150.32 level. On the other hand, a bearish movement and a breakout below a support line could lead to a downward price movement.Longby linofx1Published 101034
SWING CATCHED USD/JPYAfter making a down rally USD/JPY creates a bullish ascending tringle HL in a row and RSI showing a strength on bullish side and It's ready for the take a breakout after that It's make almost 2.5% swing rally.Longby faijan_fxPublished 1
USDJPY TRADE IDEA - SHORTWEEKLY BEARISH, DAILY BEARISH, 4HR BEARISH Structurally, price action is bearish on all major timeframes. For me all of this price action to the upside was just a technical rebound to a daily level where sellers are willing to enter short for the trend continuation of the higher timeframes. Daily formed a beautiful bearish engulfing at AOI around psychological level 147.500. During New York we broke below this AOI with a beautiful H2 and H4 Bearish Engulfing candle, with a lot of momentum. Considering the magnitude of the move overall, I believe this trend is going to continue for some time. Shortby CiupacabraFXUpdated 2
USDJPY: Testing the support level USDJPY is moving towards the key support area to test it. Am expecting an upward movement into the resistance area if possible breaking through it. Traders expect to take trading position after the retest of the support area and an additional confirmation either a bullish engulfing pattern or an hammer candle.Longby Ed_AkmalFxPublished 1
USDJPY InsightHello to all subscribers! Please share your personal opinions in the comments. Don’t forget to like and subscribe. As previous issues have been digested and the market has calmed, the U.S. government's decision to deploy an aircraft carrier strike group and a submarine to the Middle East has reignited geopolitical risks in the region, which could become a major factor influencing the market. Additionally, this week's U.S. inflation data releases will also be key factors, potentially providing insight into the Federal Reserve's rate decision at the September FOMC meeting. In Japan, despite a rise in the policy rate, market interest rates remain stagnant, creating a "rate puzzle." The Bank of Japan has stated that it will maintain the current interest rate levels for the time being. - On August 13, the U.S. Producer Price Index for July will be released. - On August 14, the U.K. Consumer Price Index for July and the U.S. Consumer Price Index for July will be released. - On August 15, Japan's Q2 GDP, the U.K.'s Q2 GDP, and the U.S. Retail Sales data for July will be released. The USDJPY has experienced a sharp decline followed by a temporary rebound. The rebound is expected to peak in the 150-152 range, after which a downward trend is likely to resume, potentially bringing the rate down to around 140. In the longer term, the pair is expected to form a downtrend, possibly reaching the 130 level. If the upward trend continues contrary to expectations, I will adjust the strategy with a new approach.Longby shawntime_academyPublished 2
Bullish bounce off overlap support?USD/JPY is falling towards the support level which is an overlap support that lines up with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 145.89 Why we like it: There is an overlap support level which lines up with the 38.2% Fibonacci retracement. Stop loss: 142.93 Why we like it: There is a pullback support level. Take profit: 149.42 Why we like it: There is a pullback resistance level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.Longby VantageMarketsPublished 5
IDEA USDJPY SHORT POSITION Pair : USDJPY Position : SHORT ( SELL ) Entry Price : 147.525 STOP LOSS @ 147.925 TP 1 @ 147.025 TP 2 @ 146.650 TP 3 @ 145.500 ( Trailing SL Shortby hamidTrader21Published 2
USDJPY holding true to a bearish marketThoughts on the position to go short for a healthy looking rundown?Shortby TravCoPublished 2
USDJPY holding true to bearish flag Thoughts on the decision to go short for a healthy rundown?Shortby TravCoPublished 1