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USD/JPY_SPT - USD/JPY

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USDJPY_SPT trade ideas

USDJPY Under Pressure! SELL! My dear subscribers, This is my opinion on the USDJPY next move: The instrument tests an important psychological level 157.85 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 154.68 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
USDJPY → Consolidation in the buying zone FX:USDJPY continues its bullish rally on the background of growing dollar. The fundamental background is on the side of the dollar, which is generally a negative factor for the yen. Technically, the price is still inside the uptrend. Moreover, the currency pair is breaking the flat resistance and after the correction and false breakout, it is consolidating above 156.75. If the bulls hold the defense above this level, the currency pair will head towards 160-162 in the medium term. The technical and fundamental background is on the side of the buyer. Resistance levels: 157.76, 160 Support levels: 155.88, 154.5 Price consolidation above 156.76 and further breakdown of the local maximum will provoke active purchases, which may lead the price to the targets indicated on the chart. Regards R. Linda! Happy Holidays and a productive 2025!
Long
by RLinda
2
2612 USDJPY still got more than 400 pips up to rise!Hello traders, The latest speech by Bank of Japan Governor Kazuo Ueda stated: ★ Even if the economy and prices improve, maintaining the current low interest rates could make monetary policy too loose. An overly loose monetary environment may force the Bank of Japan to significantly raise interest rates, which would be detrimental to long-term economic growth. The timing and pace of further adjustments to monetary support will depend on the economic, price, and financial conditions at that time. ★ If monetary policy remains too loose, it may force the Bank of Japan to raise interest rates quickly, which would have a negative impact on sustainable economic growth. ★ There is a high level of uncertainty regarding the overseas economic outlook, especially concerning the economic policies of the incoming U.S. administration. U.S. policies could have a significant impact on the global economy and markets, so the effects on the Japanese economy and prices must be studied carefully. Interestingly, this statement was interpreted by the market as "a cautious attitude towards changing interest rate policy," meaning that the Bank of Japan may not raise interest rates in the near term. Following the speech, the dollar-yen exchange rate rose by 0.1%. However, before the December monetary policy meeting, about 86% of economists surveyed by the media indicated that the timing for raising interest rates has matured. The Japanese inflation data released on Thursday was not ideal: - November CPI rose 2.9% year-on-year, accelerating from October's 2.3%; - November CPI (excluding fresh food) rose 2.7% year-on-year, up from a previous value of 2.3% and an expected value of 2.6%; - November CPI (excluding fresh food and energy) rose 2.4% year-on-year, compared to a previous value of 2.3%. The CPI growth reflects that the impact of government energy subsidies and rising food prices is gradually fading, and potential inflationary pressures in Japanese society are building up. In this context, is the market's understanding of the Bank of Japan's speech as "not preparing to raise interest rates" and continuing to implement a loose monetary policy overly optimistic? Technically, USDJPY is still running above EMAs on daily chart. I would really like to wait for a retest of red EMA and reentre to long this pair again, up to target FIBO EXT 1.27 161.50. What is your plan ? Happy new year! LESS IS MORE!
Long
by FUNTRADER-Vera
USDJPY H1 I Bearish Drop Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 157.32, which is an overlap resistance. Our take profit will be at 156.68, a pullback support level close to the 50% Fibo retracement. The stop loss will be placed at 157.92, which is a swing high resistance 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. 64% 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. 66% 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.
Short
by FXCM
USD/JPY Soars Above Resistance: Next Stop 160?USD/JPY Trade Analysis: Breakout Confirmed: USD/JPY has broken above the descending trendline and is holding above the 152-155 support zone. Targets: Short-Term: 161.00 (previous high). Long-Term: Potential for new highs if momentum continues. Stop Loss: Below 152.00 to protect against invalidation. Entry: Ideal entry near 155-157 on a retest of the breakout zone. Summary: USD/JPY shows bullish momentum with a breakout. Look for a retest for a better entry, targeting 161 with proper risk management. DYOR, NFA
Long
by unichartz
1
Japan's corporate service inflation rises, yen steadyThe Japanese yen is showing little movement on Christmas Day. Japanese markets are open but with most global markets closed for the holiday, the currency markets will be very quiet today. In the European session, USD/JPY is trading at 157.29, up 0.08% on the day. Japanese inflation indicators have been heading higher and the upswing was repeated on Wednesday as Japan's corporate service price index (CSPI) climbed 3.0% in November. This marked a second straight month that CSPI has accelerated, after a 2.9% gain in October. CSPI measures the price that companies charge each other for services and is a leading indicator of service-sector inflation, which is closely watched by the Bank of Japan. The rise in CSPI supports the case that wages are rising and businesses are passing higher costs to consumers. This increase in demand-driven inflation is exactly what the BoJ wants to see before raising interest rates. The BoJ has hinted that further rate hikes are coming but hasn't provided any hints about the timing. There were some expectations of a rate hike at last week's meeting but the central bank stayed on the sidelines and Governor Ueda sounded dovish, saying that inflation was increasing "at a moderate rate" and the BoJ could take its time raising rates. Is Ueda throwing up a smoke screen to keep speculators away when the BoJ is in fact planning a rate hike in the next month or two? Perhaps. Inflation has been trending higher and the yen is falling fast, plunging 9.5% since Oct. 1. The yen pushed past the symbolic 160 level in July and could do so again. If the BoJ is genuinely concerned with the rapid descent of the yen, it will have to consider a rate hike or take more extreme action and intervene in the currency markets to prop up the ailing yen. There is resistance at 157.41 and 157.66 USD/JPY tested support at 157.15 and 156.90 earlier. Below, there is support at 156.64
by OANDA
USDJPY: Anticipating the DeclineAs we set our sights on the USDJPY pair, signs suggest a potential retreat from current heights. With a strategic entry at 157.074, we're eyeing a close target at 156.845, whilst safeguarding against reversal with a stop loss at 157.347. This setup is rooted in our tried-and-true EASY Trading AI strategy, providing a logical framework for our anticipated move. Several key factors underpin this negative outlook. Technically, USDJPY has been showing signs of overextension, often a precursor to an adjustment. Investor sentiment seems to be leaning bearish due to recent macroeconomic indicators pointing towards a strengthening yen. This can be attributed to Japan's improving trade balance and increased domestic consumption, both signaling a robust economic recovery. Moreover, broader market trends also provide clues. The USD is facing pressure, attributed to the recent dovish tones from the Federal Reserve amidst heightened inflation concerns, which has traditionally buoyed the yen. This setup offers ample room for capturing profit while maintaining sound risk management. The EASY Trading AI strategy ensures that every decision is backed by thorough analysis, balancing historical performance with current market conditions. Stay informed and consider subscribing to our signals for timely insights. For those looking to automate their trading, our MT5 algorithms offer a straightforward, efficient solution. Let's navigate the potential downturn in USDJPY with precision and prudence.
Short
by ForexRobotEasy
Will USD/JPY Correct After Hitting Key Resistance?After analyzing multiple charts, the USDJPY chart reveals a potential correction as the price encounters resistance at a broken weekly trendline, now serving as a key supply zone. The steep uptrend appears overextended, increasing the likelihood of a retracement as the market consolidates gains. A breakdown of the rising support trendline could signal a shift toward bearish sentiment, with Fibonacci retracement levels offering critical targets for the correction. Key Levels to Watch: • 38.2% Retracement: 154.377 • 50.0% Retracement: 153.281 • 61.8% Retracement: 152.185 Stay sharp and trade smart as we head into the new year! 🎉
by SpicyPips
1
USD/JPY calm as BoJ Core CPI risesThe Japanese yen is showing limited movement on Tuesday. In the North American session, USD/JPY is trading at 157.33, up 0.11% on the day at the time of writing. The yen is having a dreadful time as it continues to lose ground against the strong US dollar. Since Oct. 1, the yen has plunged 9.5% and the yen's woes could force the Bank of Japan to intervene on the currency markets in order to prop up the ailing currency. The BoJ Core CPI index, which is closely watched by the central bank, rose to 1.7% y/y in November, up from 1.5% in October and above the market estimate or 1.5%. This release follows last week's national headline inflation release, which jumped to 2.9% in November from 2.3% in October. This was the highest level since October 2023.  The gain was driven by sharp increases in food and electricity prices. Notably, core CPI, which excludes food, rose from 2.6% to 2.7% and core-core CPI, which excludes food and energy, climbed from 2.3% to 2.4%. Any way you cut it, inflation is moving higher and that has raised expectations that the Bank of Japan will raise rates in early 2025. The BoJ held rates at last week's meeting and BOJ Governor Ueda said that since underlying inflation was only increasing "at a moderate pace", the BoJ could take its time in raising rates. However, with inflation rising and the yen pushing closer to the 160 level, the BoJ could respond with a rate hike as early as January. The BoJ is also concerned with the incoming Trump administration, which has pledged to slap tariffs on US trading partners. Bank policy makers will be nervously watching if Trump moves ahead with tariffs or is his bark worse than his bite. The BoJ meets next on Jan.24, a day after Trump is sworn into office. There is resistance at 157.51 and 157.86 156.93 and 156.58 are the next support levels
by OANDA
1
USDJPY : CAPITALIZING ON YEN STRENGTHThe Japanese yen (JPY) has recently been trading near a five-month low against the U.S. dollar (USD), influenced by the monetary policy stances of the Bank of Japan (BOJ) and the Federal Reserve. The BOJ's decision to maintain its ultra-loose monetary policy, without clear indications of future rate hikes, contrasts with the Federal Reserve's hawkish tone, which includes projections of a measured pace of rate cuts in 2025. This divergence has contributed to the yen's depreciation, with the currency experiencing a 4.7% decline this month, reaching levels that have prompted market participants to remain alert to potential intervention from Japanese authorities. Looking ahead, some analysts anticipate a potential strengthening of the yen later in the year. Factors such as expected rate cuts by the Federal Reserve and a shift in market focus towards U.S. elections could influence this trend. However, in the immediate term, the yen's performance is likely to remain under pressure due to the current monetary policy divergence between Japan and the United States. Market participants should closely monitor central bank communications and economic indicators, as these will play a crucial role in shaping currency movements in the near future. TRADE IDEA FOR THIS WEEK: SELL USDJPY
Short
by design77
USDJPY H1 I Bearish Breakout?Based on the H1 chart analysis, we can see that the price is falling to our sell entry at 157.04, A bearish breakout. Our take profit will be at 156.22, which is a pullback support level. The stop loss will be placed at 157.80, which is a swing high 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.
Short
by FXCM
USDJPY InsightHello, Subscribers! Great to see you all. Please share your personal opinions in the comments. Don’t forget to like and subscribe! Key Points - The U.S. Conference Board’s Consumer Confidence Index for December dropped sharply by 8.1 points from the previous month to 104.7, marking its first decline in three months. - The decline is attributed to uncertainty surrounding policies from the Trump administration, which will begin on January 20, leading to weakened short-term consumer sentiment among Americans. - Dana Peterson, Chief Economist at the Conference Board, stated, "In December, consumers were significantly less optimistic about future business conditions and income. Following cautious optimism in October and November, pessimism has returned regarding future employment prospects." - The yield on the 10-year U.S. Treasury note rose to 4.5990%, its highest level since May, while the FedWatch tool reflects a 91.4% probability of a rate pause in January. Major Economic Events + December 25: Christmas + December 26: Boxing Day USD/JPY Chart Analysis After breaking past the 157 resistance level with ease, USD/JPY extended its gains to the 158 level. If it breaks through this zone, further upward momentum toward the 160–161 range is anticipated. Conversely, failure to breach the 158 resistance could lead to a pullback toward the 154 level. We will swiftly adjust our strategy if unexpected movements occur.
Long
by shawntime_academy