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USD/JPY_SPT - USD/JPY

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USDJPY_SPT trade ideas

#USDJPY 2HUSDJPY (2H Timeframe) Analysis Market Structure: The price is currently testing a key resistance level, which has previously acted as a barrier to upward movement. Signs of rejection at this level indicate potential selling pressure. Forecast: A sell opportunity is anticipated if the price continues to face rejection from the resistance zone, signaling a possible move downward. Key Levels to Watch: Entry Zone: Near the resistance level after confirmation of rejection. Risk Management: Stop Loss: Placed above the resistance zone or recent swing high to minimize risk. Take Profit: Target the nearest support levels for potential downside movement. Market Sentiment: Selling pressure is expected to dominate as long as the price remains below the resistance level, maintaining a bearish outlook.
Short
by PIPSFIGHTER
USD/JPY H4 | Potential bullish bounceUSD/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. Stop loss is at 155.80 which is a level that lies underneath a multi-swing-low support and the 23.6% Fibonacci retracement level. Take profit is at 158.41 which is a swing-high resistance. 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 (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.
Long
by FXCM
1
USDJPY Will Collapse! SELL! My dear followers, This is my opinion on the USDJPY next move: The asset is approaching an important pivot point 158.40 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 157.58 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
USDJPY Analysis Here's a bullish channel setup on USDJPY! The pair is respecting the ascending trendline, and we’re seeing signs of potential upside movement. 🚀 🎯 Targets: Take Profit 1: 158.451 Take Profit 2: 158.825 Take Profit 3: 159.154 📉 Stop Loss: 157.582 (below the channel support). The pair is currently trading near the channel’s lower boundary, offering a great risk-to-reward ratio. Keep an eye on this one—it could deliver solid gains! 💰 Let’s see how this plays out! 💹
Long
by Charts_M7M
Bearish reversal?USD/JPY is rising towards the resistance level which is an overlap resistance that aligns wit the 78.6% Fibonacci retracement and could drop from this level to our take profit. Entry: 158.31 Why we like it: There is an overlap resistance level that aligns with the 78.6% Fibonacci retracement. Stop loss: 158.77 Why we like it: There is a resistance level at the 100% Fibonacci projection. Take profit: 157.66 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! 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.
Short
by VantageMarkets
Bearish drop?USD/JPY has reacted off the resistance level which is a pullback resistance that aligns with the 38.2% Fibonacci retracement and could drop from this level to our take profit. Entry: 157.90 Why we likeit: There is a pullback resistance level that lines up with the 38.23% Fibonacci retracement. Stop loss: 158.19 Why we like it: There is a pullback resistance level that is slightly below the 61.8% Fibonacci retracement. Take profit: 157.34 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! 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.
Short
by VantageMarkets
USD/JPY: Continuation Pattern in Focus?The USD/JPY pair is currently in a significant uptrend on the daily chart, characterised by a series of rising highs and lows. Following a marked upward movement, the price has entered a consolidation phase, indicating a temporary pause before potentially resuming its directional trajectory. This sideways movement is often interpreted as preparation for a breakout, presenting an intriguing opportunity for attentive investors. Possible Buy Scenario Should the price manage to breach the resistance within the current consolidation range, approximately at the 158.00 level, it could signal a resumption of the uptrend in the coming days. A daily close above this resistance would strongly indicate a continuation of the upward momentum, with a target set around the 161.75 region (approximately 350 pips). This target marks the next significant resistance zone on the chart and represents the highest price observed in recent years, largely attributed to the Bank of Japan's decision to maintain very low interest rates, leading to a considerable depreciation of the Yen. In this scenario, an effective risk management strategy could involve placing a stop loss just below the low of the consolidation range, around 155.80 (approximately 250 pips), to protect against potential false breakouts. Alternative Sell Scenario Conversely, if the price fails to break through the resistance and instead falls below the consolidation level at 155.80, this could signal a possible reversal or a deeper correction. Under these circumstances, the USD/JPY might seek lower support, such as the 151.50 region, which aligns with a previous support zone on the chart. This scenario would indicate a shift in market behaviour, potentially influenced by macroeconomic events or fundamental data that could impact risk appetite. In summary Investors should closely monitor macroeconomic developments, including US employment data, speeches from Federal Reserve officials, and geopolitical events, as these can introduce volatility into the pair. Paying attention to price behaviour within the consolidation range will be crucial in determining which of the outlined scenarios is most likely to materialise. Disclaimer 74.2% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and if you can afford the high risk of losing your money. Past performance is not indicative of future results. Investment values may fluctuate, and you may not recover your initial investment. This content is not intended for residents of the UK.
Long
by Marketscom
USDJPY consolidating before the next leg up.USDJPY is trading inside a Channel Up since September 16th and in the past 4 weeks has been ranging. This consolidation was also seen on the previous Channel Up pattern of 2024, halfway through the pattern. The 1day RSI patterns among the two are identical, which means that this is a strong buy opportunity. Buy and aim for Resistance A at 162.000 as a short term, low risk target. Previous chart: Follow us, like the idea and leave a comment below!!
Long
by TheCryptagon
USDJAPY Trading successfully requires careful planning and effective risk management. For example, in the case of USD/JPY, the buy entry is at 157.50, with three potential take-profit levels at 158.70, 159.50, and 160.80. These targets represent key points where traders may choose to secure their profits as the price moves upward. To minimize potential losses, a stop-loss point is set at 156.00. This acts as a safety net, automatically closing the trade if the market moves against the planned direction. Setting a stop-loss is essential for managing risks in unpredictable markets. One of the core principles of trading is to never risk more than you can afford to lose. Using tools such as stop-loss orders and diversifying investments across different assets or markets helps mitigate risks and protect capital. Success in trading also depends on the ability to learn and adapt. Markets are constantly evolving, and staying informed about trends, indicators, and external factors is crucial for refining strategies. Traders who educate themselves consistently are better equipped to handle changes and challenges. Discipline and patience are key qualities for any trader. Following a structured plan, setting realistic goals, and avoiding emotional decisions can improve overall performance. Every trade, whether it ends in profit or loss, is an opportunity to learn valuable lessons. By combining a disciplined approach with solid risk management techniques, traders can maximize their chances of achieving long-term success while navigating the complexities of the financial markets.
Long
by EXPERT117Ai
USDJPY towards 158* The price broke the downtrend line and is heading to 158 * Already broke so powerful resistances and is trying to recover after the massive bearish wave which hit that pair * The Japanese markets are closed though on 01.01 and also on 22.01.25 but Forex currency pairs are working though. * I expect a bullish open to the day of 02.01.25 Note: My ideas are exclusive to myself only and is not regarded as an advice for traders or investors and are not more than personal thoughts which I just wanted to share with you all and I do hope they could help. I am not selling any signals and I do not take money favour any trades recommendations. They are free of charge all lifelong but I keep the copy rights of them though to not be copied or shared or sold.
Long
by moustafa_marei
7
USD/JPY: where is my carry trade?Hi everyone, Since my last idea, a lot has changed. My swing target of 150 was reached, and buyers took over in December. Recently, USD/JPY hit a 6-month high of ~158.5. Since that low at 150 in December we saw different major signals from UJ: "When the last buyer died..." buyers volume spike on 19 of December. Healthy accumulation on 4 of December supported the rally, showing more love for the dollar than yen. "Heyyy, I know this thing—order block!" Post-Dec 19, price rose to 158.4 with waning buyer volume and mounting shorts. OB or just noise? Suspicious either way. "Is this still an uptrend?" Price action shows small but consistent higher highs/lows. Volatility indicators hint at rising consolidation. "Dollar supremacy forever?" Yes, dollar is stronger, but corrections happen. Whether at 70 or 175 USD/JPY, dollar will still be stronger. "BoJ wouldn't intervene before 160. Are they bluffing?" May be possible, but I doubt it. The finance minister concern was very high yen depreciation and they mentioned that "we wouldn't let USD/JPY reach 160". But Japan’s MO is more stealth than spectacle I think. Lastly, for my technical analysis lovers, pitchforks . Pitchforks are a more "hipster" way to draw trendlines. Maybe also more mathematical way. They are easy, but advanced pitchfork usage may be tricky. As you see in the chart, we’re stuck between an upper bound and a demand zone. This supports my idea of consolidation, since the demand zone and the upper pitchfork are the current support and resistance. Another one for tech analysis lovers. Elliott Waves . There is a possibility that we are in the so called "elliot correction waves", which is often seen after an uptrend. Leg A was the summer drop, leg B took us to 158.5, and leg C could dip us to 136–146. Probability? No idea, but the range fits the pitchfork, Elliott theory, and interest rate differential. Your guess is as good as mine. Chapter 1: Rising Distribution – Not Your Average Wyckoff The distribution I am talking about is not the Power of Three or AMD distribution concept. For old school lovers, the distribution I mean is based on Wyckoff method. Wyckoff was an analyst who described the difference between trends and ranging markets way before traders had 3 screens with gradient indicators and fancy ways to detect the regime. In his method, there is a thing called "distribution". It is when the institutions are fed up with the uptrend and want to sell an asset. This is also when the "buys" are transferred from institutional hands to our, normal traders, hands. How does it work? FOMO, news and herd instinct. This is where "don't stand in front of an ultra-fast train" fails. Classic Wyckoff distribution : the point where institutions get off the train, and retail traders hop on thinking it’s express to the moon. Rising distributions happen when the crowd still expects an uptrend, but the big players quietly exit. Seems like they have another train plan. At least, that's what the volume delta says. :) Chapter 2: The Macro Mix US is strong. Still solid. Even with inflation and bubbles, USD rides high thanks to its post-WWII economic dominance. This allows US to export their debt until today. Debt, tech booms, and AI surges aside, the system holds. We’ve swapped dot-com booms (2000 DotCom Bubble) for AI hype and NVIDIA super-processors. Just like the early 2000s with software, we’re seeing another leap, but with AI, robotics, and LLMs instead of spreadsheets and PCs. I wont mention any other issues with US economy, you could read that in my previous idea, and Trump tariffs wouldn't help it either, so everything stays the same. Another thing, but not only concentrated on US: wealth gap. Wealth gaps grow, and some of the folks that were living right in the middle, having more than enough, but not too much, are struggling financially now, or became rich and big. But blindly piling into assets isn't the answer. Markets shift, and the rich adapt. If you want more insights about the wealth gap and how it may worsen the recession, check out the amazing videos from "Garys Economics" . A former Citi bank top trader, Gary specializes in forex, especially Yen and Swiss franc. Chapter 3: Yen vs. Dollar Carry Trade The interest rate differential is narrowing. BoJ raised their rates for the first time since the '90s. Japan’s deflationary pressures pushed change . Sure thing Japan has to change something, and they did and will do. Japan is still a tech and automotive powerhouse, but monetary policy is tricky. Wouldn’t a cheaper yen help exports? Its complicated. Dollar and euro is still doing fine, being ones of the leading currencies in the world and also leading in exports. I don't think that matters that much. Now, zoom out of the chart. Historically, USD/JPY was 138–145 at similar USD rates. Add the new yen rate, and voilà: you get my 136–146 range. ----------- Finalizing, USD/JPY is my muse. It is my main trading currency, maybe the only one. The a constant battle between east and west, logic and mystery is truly beautiful. Since Dec 19, it’s been weird for most of us. Currently with AI surging in trading, we see companies fighting to find the alpha in the market. The strategy that will always work, the key to unlocking the market. This goes on for years and didn't start only now. Markets evolve, new players enter, and unexpected events (Black Swans) rewrite everything. Nevertheless, the "holy grail" strategy doesn’t exist (yet). More and more AI models are flexible and need to be improved faster and faster. So should your strategy be, even if you are not an AI. AI or not, adaptability is your true alpha. I’ve also updated my own metrics, ditched outdated ones, and embraced new indicators and models. Learn some coding. Python, R, and Pinescript will be as essential as Excel soon. You could also start with pinescript by editing your indicators/strategies in a way, that your ideas are implemented in it. Never stop learning, even when it feels like the market is gaslighting you. Navigate the markets like an explorer: decode shifting patterns and embrace the unknown future. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always perform your own analysis before making trading decisions.
Short
by akvil3
USDJPY Wave Analysis 8 January 2025 - USDJPY broke resistance level 158.00 - Likely to rise to resistance level 160.00 USDJPY currency pair recently broke the resistance level 158.00, which is the upper border of the narrow sideways price range inside which the pair has been trading from December. The breakout of the resistance level 158.00 should accelerate the active minor impulse wave 5 of the intermediate impulse wave (3) from the start of December. Given the clear daily uptrend and the continued bullish US dollar sentiment, USDJPY currency pair can be expected to rise to the next resistance level 160.00.
Long
by FxProGlobal
USD/JPY maintains a steady uptrend !Dear friends! Overall, in the last three sessions, JPY has shown significant strength compared to the USD, although even the recent USD has soared to the highest level in more than two years. However, JPY seems to be losing momentum when investors shift the concentration to the upcoming US consumer price index (CPI) data for December, expected to be announced on Wednesday. Technically, based on EMA 34 and EMA 89 to maintain a stable slope without clear signs, I have the expectation of the short -term discount trend will continue. However, in the long term, it is capable of recovering from the main support level of about 156.50, with prices capable of towards the upper boundary of the increase channel. Wish you all a great day filled with success and luck on your journey!
Long
by Briantradefx