USDJPY setup is ready for bullish bang long side analysis tradingview.com/x/ReNOekeJ/
U.S. Dollar / Japanese Yen forum
USDJPY setup is ready for bullish bang long side analysis tradingview.com/x/ReNOekeJ/
USDJPY buy usdJPY now - pull back complete
USDJPY 147.00 - 147.35 for me .. down & down from this zone..
monthly charts and rsi
USDJPY Daily timeframe This Is what I see
USDJPY Nice Ride right off structure
USDJPY and finally Gold started moving opposite direction and not sideways like yesterday which confirms the bullish continuation of this pair
USDJPY my pride is high but 148.50 is undeniable at this point
USDJPY isn’t there still another half of the carryover trade from last year? Why put a 25% tariff on Japan now unless they wanted to raise their rate again this year.
USDJPY Sonar, ear open for sound sensor.
USDJPY 2/2 Summary of Key Levels
Daily & 4-Hour Support and Resistance
Daily Support: 145.500, 144.800, 144.200
Daily Resistance: 147.500, 148.000, 148.500
4-Hour Support: 146.000, 145.700, 145.300
4-Hour Resistance: 146.800, 147.200, 147.600
Exponential Moving Average (EMA) Levels
Daily EMA:
EMA 50: 146.250
EMA 100: 145.800
EMA 200: 144.500
EMA 400: 143.200
4-Hour EMA:
EMA 50: 146.500
EMA 100: 146.200
EMA 200: 145.900
EMA 400: 145.600
Weekly Pivots
Pivot Point: 146.000
Resistance 1: 147.000
Support 1: 145.000
Daily Pivots
Pivot Point: 146.500
Resistance 1: 147.200
Support 1: 145.800
Fibonacci Retracement Levels
23.6%: 145.900
38.2%: 146.600
61.8%: 147.400
Fundamental Analysis and Upcoming USD News 📈
As we look ahead, several key economic events may impact the USDJPY market:
US Non-Farm Payrolls (NFP): Scheduled for next week, this report will provide insights into the employment situation in the US, which is a critical indicator of economic health.
Federal Reserve Interest Rate Decision: The upcoming FOMC meeting is expected to address interest rate adjustments, which directly influence USD strength.
Consumer Price Index (CPI): This inflation measure will be released shortly and could significantly affect market sentiment and USD valuation.
These events are crucial as they can lead to increased volatility in the USDJPY pair, providing both risks and opportunities for traders.
Conclusion
In summary, the USDJPY pair is currently trading at 146.561, with various technical indicators providing valuable insights into potential price movements. The support and resistance levels, along with Fibonacci retracement levels and EMA analysis, suggest a complex market environment. Traders should remain vigilant of upcoming economic events that could influence market dynamics and adjust their strategies accordingly.