USDJPY_Bullish_ShortScript is currently printing higher highs and higher lows. however now entering into critical resistance zone along with the active divergence appearing on the RSI make it a good setup to short on the levels pointed on the charts. DYOR (DO your onw research) Shortby Humza_Mehtab224
Solution to a WEEKLY PUZZLE :)I appreciate your interest, please comment and support the puzzle section so I continue to post them in the future.Education05:14by Yelli_trades335
Do not speak English !!! I only speak chart language!!!Do not speak English !!! I only speak chart language!!!Shortby Abdelfattah_Abbouchi221
USDJPY: Your Trading Plan For This Week 🇺🇸🇯🇵 USDJPY broke and closed above a key horizontal daily resistance last week. After a breakout, the market retested a broken structure and started to consolidate. I see a horizontal trading range on a 4h time frame. To buy the market with a confirmation, I am looking for a bullish breakout - a candle close above the resistance of the range. It will give me a strong intraday signal. A bullish continuation will be expected at least to 157.5 level then. ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader1111
USDJPY remains well supported in all time framesDear traders! The upward momentum is still well supported after exiting the falling wedge by a positive outlook amid changing sentiment. With the ability to create DOW from the chart, using the Fibonacci measurement tool from Tradingview. I expect the uptrend to still be well supported from 0.786 potential targets on M3 are 180.57 and 231.38 as indicated above chart. If you like this idea, don't forget to leave your comment to let me know your idea.Longby ConanForexUpdated 9919
SUPPORT AND RESISTANCE / SUPPLY AND DEMANDTake a look at our analysis for USDJPY. Time Frame: 4H Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key level: 156.951. Considering the today's price action, probabilities will be high to see a movement to 155.554. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overboughtShortby TradeTacticsrealUpdated 8
USDJPY TRADE SETUPWait for retest the key level then take a trade for Buy otherwise skip this setupLongby JinnatAlamSumon8
USDJPY : Continue the trend of price increase!Hello everyone, Brian here. USD/JPY has completed its retracement to the 0.618 Fibonacci level, and the long-term outlook remains optimistic. The pair is on track to reach the 1.618 profit target, continuing its strong performance above the two EMA lines. Additionally, the 151.100 level has now become a new support after buyers successfully broke through the previous record high.by Trader_BrianFXUpdated 8
USDJPY, growth from support. Bulls active.Hi friend. Lets look at USDJPY chart window. We have uppend channel with bulls accumulation area between support - 156.94 and transit level - 157.078. Also there is big volume of purchases from 156.51 (41 k). All of this in sum - strong bullish signal. Bulls target 157.46 (daily X-Lines level). Follow me. And dont forget support me by boost. Longby JinFlarkUpdated 6612
USDJPY Mean Reversion Longs This strategy involves capitalising on price divergences that revert to their mean over time. Currently, key indices and interest rates indicate a strong setup for this strategy: JXY (Japanese Yen Index): The JXY is down almost 3.4% from its previous lower high. DXY (US Dollar Index): The DXY is up over 4% from its previous higher high. Interest Rates: US Interest Rate: 5.5% Japan Interest Rate: 0.1% Given the significant strength of the US Dollar compared to the Japanese Yen, it is advisable to focus on long positions . The disparity in interest rates further supports the strength of the USD against the JPY, providing a favourable environment for long trades. Current Positioning: I currently hold long positions in this currency pair. I plan to add to my positions as the price breaks above the 157.1 level, signaling further upward momentum. This strategy leverages the expectation that the Japanese Yen will revert to its mean relative to the US Dollar, supported by strong fundamental indicators such as interest rate differentials and index performance.Longby TheForexMessiah7
USDJPY LONG IDEAUSDJPY intraday long idea. Fundamentals are suggesting a rissk off market and technicals on USDJPY have shown consistent higher highs and lows.Longby Trader_LandryUpdated 6
UJ SELL ZCT FXMarket is showing sign of exhaustion, broke structure..DXY is showing sign of weakness... Market is likely to have a sj=hort term sellShortby value-trader14
USD continues to dominate - USDJPY LongsJPY Fundamentals (IMPORTANT): The Bank of Japan has spent a record 9.79 trillion yen ($62.23 billion) over the past month to support the country's declining currency. Despite this significant intervention, the yen is likely to continue hovering near its critical lows. “Authorities will likely continue to spend big on intervention.” The data, released by Japan’s Ministry of Finance on Friday, confirmed the suspicions of traders and analysts that Tokyo entered the market in two rounds of massive dollar-selling intervention shortly after the yen hit a 34-year low of 160.245 per dollar on April 29, and again in the early hours of May 2 in Tokyo. Japanese authorities have refrained from commenting on whether they forayed into the market. But top officials have consistently warned t hey are watching currency markets closely and stand ready to take all necessary measures to counter excessive volatility . Source: Asia Financial. Summary : If USDJPY starts aggressively moving higher, expect a sharp drop in price from the Bank of Japans intervention. This is nothing to worry about as it presents a buying opportunity. Ensure you use effective risk management with this pair! Upcoming US Economic data: Final Manufacturing PMI ISM Manufacturing PMI JOLTS Job Openings ADP Non-Farm Employment Change ISM Services PMI Unemployment Claims Average Hourly Earnings m/m Non-Farm Employment Change Unemployment Rate If DXY has a positive reaction to the Dollar, we can expect prices to move higher as the JXY continues to make fresh lows. Longby TheForexMessiah5
USD/JPY BEST PLACE TO SELL FROM|SHORT Hello,Friends! USD/JPY is trending down which is clear from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a classical trend following opportunity for a short trade from the resistance line above towards the demand level of 154.372. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 116
USD/JPY Analysis: Market Volatility and Future TrendsWelcome to my USD/JPY market analysis. In this article, we will delve into the day's USD/JPY price action, conduct technical analysis, examine influencing factors, and provide forecasts for USD/JPY's future trajectory. USD/JPY experienced a rather volatile trading session on June 1. The pair opened at 135.20 JPY/USD, subsequently ascending to its intraday high of 135.78 JPY/USD early in the morning. However, USD/JPY retreated modestly throughout the remainder of the day, closing at 135.40 JPY/USD. The divergence in interest rates between the U.S. Federal Reserve (Fed) and the Bank of Japan (BOJ) significantly impacts USD/JPY. Higher interest rates in the U.S. could make the USD more attractive to investors, leading to USD/JPY appreciation. Geopolitical events, such as the ongoing Russia-Ukraine conflict, can trigger market volatility and influence USD/JPY. Longby Rena_Potter4
USDJPY, short across transit levels to 156.64Hi, friend. Jena want to fall after bulls accumulated in golden ellipse zone i marked. We have powerful downward tendency for monday. All interesting market price in chart window. Dont forget to support me. And have a nice trading week. 💪 Also remember that forex like another exchange tipes its a real time process with many "x" and "y" situations. Market situation is constantly changing. And an idea is relevant for some certain period until situation changes.Shortby JinFlarkUpdated 5
USDJPY WEEKLY OUTLOOK### Weekly Market Outlook Monday: The week begins quietly with a U.S. bank holiday in observance of Memorial Day, leading to subdued financial markets. Tuesday: Focus shifts to Japan for the release of the BoJ core CPI y/y. In the United States, the CB Consumer Confidence data will be closely monitored. Wednesday: Key inflation data from Australia will be released, offering insights into the RBA's upcoming monetary policy decisions. Thursday: A series of significant U.S. economic indicators will be published, including preliminary GDP q/q figures, unemployment claims, and pending home sales. These data points are crucial for understanding the U.S. economic trajectory. Friday: The week concludes with several important releases. Japan will report its Tokyo core CPI y/y and industrial production data. The eurozone will release its CPI figures, the final print before the next ECB meeting. In the United States, the core PCE price index m/m, personal income m/m, and personal spending m/m data will be released, providing a comprehensive view of recent consumer activity. Throughout the week, several FOMC members are scheduled to speak, potentially offering insights into future monetary policy. Additionally, Barclays suggests that month-end rebalancing might signal strong dollar selling, a factor to consider in trading decisions. In the U.S., CB Consumer Confidence is expected to decline from 97.0 to 96.1. Analysts at Wells Fargo highlight a discrepancy: consumer spending has recently increased, while consumer confidence has declined since the beginning of the year, reaching its lowest level since 2022. This decline in confidence may stem from persistent concerns about rising prices, despite a drop in inflation from its peak. Additionally, a slight rise in unemployment has contributed to a less optimistic economic outlook. Technical Analysis: The price continues to experience bullish pressure towards 157.970, with a potential further rise to 159.820 upon breaking this level. A correction to 156.590 is possible before resuming the bullish trend. The bearish scenario will be triggered if the support line at 156.590 is broken, potentially leading to a drop to 155.940 and 155.445 Pivot line: 156.590 Resistance line: 157.970, 159.82, 161.820 Support line: 155.950, 155.450, 154.700 The expected trading range is between support 155.450 and Resistance 157.970 previous weekly idea: Longby SroshMayiUpdated 5
The latest analysis and advice, hope to help you!Have a great weekend, everyone The impending storm is brewing and to predict its intensity accurately, one must be daring with their forecasts. While there might be a temporary dip in the market, I remain steadfast in my long-term outlook, anticipating a subsequent rise. This situation could present a lucrative opportunity to encourage more people to invest, leading to potential short-selling activities that a government may find prudent to regulate. If engaging in short-selling, it is crucial to have a robust risk management strategy in place, including setting up stop-loss (SL) and take-profit (TP) points meticulously.by Frederic-FUpdated 3
billy forex sa analysis on usdjpyhey guys we back again with signals/analysis todays signal is on usdjpy currently on into profiits strategy sseems accurate/approved singal :sell usdjpy at current zone tp:open Longby vesimsezane224
USDJPY H4 | Bullish bounce?Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 156.02, which overlaps support close to 38.2% Fibo retracement. Our take profit will be at 158.00, a swing-high resistance. The stop loss will be placed at 154.60, which is a pullback support level close to 78.6% Fibo retracement. 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. 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. 70% 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. Longby FXCM3
USDJPY ShortUSDJPY is sending mixed signals today. Here's the breakdown: Dollar Downward Trend: The US dollar is generally weaker across the board, which could put downward pressure on USDJPY. Retailer Skepticism: Interestingly, a large portion of retail traders are currently short on USDJPY, indicating a potential expectation for the pair to fall. However, in forex, this contrarian indicator can sometimes signal a potential rise. Uncertain JPY Outlook: The future direction of the Japanese Yen is unclear. While a weaker dollar might suggest a stronger Yen (lower USDJPY), the Bank of Japan's dovish monetary policy could keep the Yen from appreciating significantly. Shortby xrpbilbsUpdated 2
USDJPY May 27, 2024 Has the price started to rise?Looking at the H1 chart we see that the price is in wave 4 - Wave 4 target at price range 156.55 - Then the price continues wave 5 with wave targets at 157.4 and 157.83 We watch to buy at 156.55 after the candlestick reversal signal appears Note: Sufficient TP, SL to be safe and win the market‼ ️Change data plan will be updated later. Deekop's analysis is only a personal opinion with a desire to share its views with the community. I'm not always right. But my analysis always reflects my meticulous evaluation of what is best for an investment.Longby DEEKOPUpdated 3