USDJPY LongsHere is another beautiful setup, Longs on CAPITALCOM:USDJPY Please do not over leverage, I am not a financial advisor and not regulated with Fsca these are my personal views and bias.Longby sgBEERUS4
DeGRAM | USDJPY testing the channelUSDJPY is between the trend lines near the upper boundary of the descending channel. The price has already reached the lower trend line and support level. The chart has broken the descending structure. We expect a bounce from the channel boundary. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Longby DeGRAMUpdated 117
USD/JPY: Should We Continue to "Buy" Following the Trend?Today, USD/JPY continued its remarkable rally, reaching 153.63 with a 0.67% increase on the day. This is an important step as the USD regains strength, while the JPY weakens due to political instability in Japan. Notably, the bullish trend remains intact with two stable EMAs below the candlestick chart, reinforcing the bullish momentum of this currency pair. Personally, Ben, recommends continuing to prioritize the "buy" strategy following the current trend. What do you think about the future of USD/JPY? Will the price continue to rise or is there a possibility of a bearish reversal? Share your thoughts and trading strategies!Longby Bentradegold7
30-mins USD/JPY: Increased Buying ActivityThe 30-mins chart shows us a bullish Golden Cross of the 20 period MA crossing over the 60 period MA. The 14 period RSI is overbought, which means its not impossible to see a pullback first, testing the zone at 153.13 (38% Fib) or 152.95 (50% Fib). Longby Trendsharks3
USDJPY Daily Analysis: Slight Bearish Bias Expected Amid Mixed Introduction Today’s USDJPY outlook suggests a slight bearish bias, with a combination of fundamental factors pointing towards potential downward movement for the currency pair. Factors including the Bank of Japan's policy stance, recent U.S. economic data, and shifts in global risk sentiment are influencing USDJPY's direction. This article outlines the primary drivers shaping USDJPY's outlook, offering insights for informed trading decisions. --- Key Drivers Influencing USDJPY Today 1. Bank of Japan’s (BoJ) Policy Stance and Yen Strengthening The Bank of Japan has maintained its ultra-loose monetary policy but recently indicated a willingness to adjust if inflation remains consistent. Speculation around a potential policy shift adds strength to the Japanese yen (JPY), creating downward pressure on USDJPY. A more hawkish stance from the BoJ, even slightly, would increase JPY demand, reinforcing the bearish outlook. 2. U.S. Dollar Weakness Amid Mixed Economic Data Recent economic data in the U.S., particularly in the labor and inflation sectors, has been mixed, leading to market speculation that the Federal Reserve may pause additional rate hikes. This dovish sentiment around the USD has contributed to its recent softness, which could weigh on USDJPY’s bullish momentum and favor a bearish trend for the pair. 3. Global Risk Sentiment and Safe-Haven Appeal of the Yen The Japanese yen is traditionally seen as a safe-haven currency, and any increase in global risk aversion tends to boost demand for the yen. Current geopolitical concerns and mixed global economic outlooks have created cautious sentiment in financial markets, potentially strengthening the JPY as investors seek stability, thereby supporting a bearish bias in USDJPY. 4. Technical Indicators Favoring Bearish Movement USDJPY is approaching significant resistance levels, which have previously limited upward momentum. The pair is also trading below the 50-day moving average, indicating bearish pressure. Additionally, both the RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) indicators show signs of downward momentum, further supporting the bearish outlook for USDJPY today. --- Technical Analysis Indicators Supporting a Bearish Outlook Moving Averages and RSI USDJPY has fallen below its 50-day moving average, which signals a bearish trend in the short term. The RSI (Relative Strength Index) is trending downwards, suggesting increased selling pressure that aligns with the slight bearish bias. MACD and Volume Analysis The MACD has shown a bearish crossover, which could indicate further downward movement. Volume trends show increased selling activity, reinforcing the bearish sentiment in USDJPY. --- Conclusion With a dovish Fed outlook, the potential for a BoJ policy adjustment, and current risk sentiment favoring the yen, USDJPY is expected to maintain a slight bearish bias today. Watch for further developments in U.S. economic data and shifts in risk sentiment to confirm this outlook. --- SEO Tags: - #USDJPYforecast - #USDJPYanalysis - #USDJPYtechnicalanalysis - #ForexTradingUSDJPY - #JapaneseYenOutlook - #USDJPYtoday - #USDWeakness - #ForexMarketAnalysis - #USDJPYpredictionShortby PERFECT_MFG1
Potential Upside For USDJPYFOREXCOM:USDJPY On process to 154, this pair has completed the forming of Inverted Head & Shoulders pattern. Here's our advice: Buy with 154 and 154.8 as TP, stop loss if fall below 152.7. Hope it helps, good luck!Longby whprojectofficial4
USDJPY💡The analysis shown in the chart displays technical analysis of the USDJPY currency pair on a 4-hour frame. The USDJPY pair is moving within an upward channel on the 4-hour frame. The price is currently close to the pivot point (P.P); If it crosses above, it may target the first resistance (R.1) and beyond it the second resistance (R.2). Conversely, if the trend reverses downward, the price may head towards the support level (S.1). The MACD indicator is showing buying momentum, supporting the upside potential in the short term. ⛔️It is not investment advice, for educational purposes only.by Adhamcurrency3
USDJPY UPDATEFrom the weekly chart, the price has reached the 61.5 Fibonacci retracement level and made a rejection at the price of 145.470 before dropping again to the level of 152.134 on the 1-hour time frame. Therefore, I am waiting for any possibility of a rejection as shown in the chart before deciding to continue selling USD/JPYShortby mytw0cents4
Japanese Yen Weakens Against USD, USD/JPY Continues to RiseThe Japanese Yen (JPY) weakened against the USD during the Asian trading session after the Bank of Japan's (BoJ) meeting minutes revealed a divide over the timing of interest rate hikes. Domestic political concerns and fears of potential protectionist trade measures from Donald Trump further weakened the JPY. Meanwhile, expectations that Trump's policies will drive inflation and limit the Federal Reserve's ability to ease further have supported the USD, helping the USD/JPY pair rise. Looking at the technical chart, the USD/JPY pair is also in an uptrend, trading around 153.33, up by 0.5%. Support at 152.23 is helping to strengthen the upward momentum, with resistance at 154.66. If the 152.23 support level holds, the USD/JPY pair could continue rising towards higher levels in the short term. However, investors should closely monitor technical signals and upcoming macroeconomic data to adjust their trading strategy accordingly.by Alisa_Rokosz3
Potential bullish bounce?USD/JPY is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance which acts as a pullback resistance. Pivot: 150.82 1st Support: 149.39 1st Resistance: 154.79 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party. Longby ICmarkets115
USDJPYUSDJPY: it is risky to say It will hold at there but you can wait for price reaction then try to LONG USD . personally I will use Buy stop . Notice: 1% risk or lessLongby Dellaseno2
USDJPYLooking at USD/JPY, we've been printing new highs, so with that trend in mind, we're focusing on long positions. We've set a target using external liquidity at the Asian high. Since then, there’s been a mini sell-off, but this seems to be part of normal price action. We also have a 45-minute demand zone with an imbalance that needs to be filled, supported by liquidity on the downside near the imbalance. Once price reaches and mitigates this 45-minute demand zone, I'll be looking for entry points on the lower timeframe.Longby EzratradesFX2
USDJPYLooking at USD/JPY, we've been printing new highs, so with that trend in mind, we're focusing on long positions. We've set a target using external liquidity at the Asian high. Since then, there’s been a mini sell-off, but this seems to be part of normal price action. We also have a 45-minute demand zone with an imbalance that needs to be filled, supported by liquidity on the downside near the imbalance. Once price reaches and mitigates this 45-minute demand zone, I'll be looking for entry points on the lower timeframe.Longby EzratradesFX2
USDJPY Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)Longby ShahedZare2
USDJPY TRADE SETUPMarket trend is BULLISH so we are waiting for retest the entry level then wait for BULLISH momentum then take a trade for BUY otherwise skip this setupLongby JinnatAlamSumon1
USDJPY Set for Bullish ContinuationHello, FX:USDJPY is poised for further bullish momentum, with minor fluctuations expected but an overall continuation of the upward trend on the horizon! No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344 by TradeWithTheTrend33442
U.S Dollar / Japanese Yen . 6H . Hey traders USD/JPY already in a Daily tf demand zone, I am looking for a buy limit set up from this demand zone marked off on 6H chart. Hopefully will push up to make HH. Please like comment and follow cheers. This chart material is for education purposes only / Demo account should be traded only.Longby Costy134
Weekly Prediction and Recap from last weekWhat Happened This Week: The USD/JPY pair continued to trade within a bullish structure, reflecting overall dollar strength as expected. Despite facing a significant resistance level around 154.324, the pair did not convincingly break this level, indicating some selling pressure near this zone. The primary driver for the dollar's strength this week was anticipation around U.S. economic data and the upcoming Federal Reserve meeting, with an increasing probability of a rate hike. The market also digested political developments in the U.S. and their potential impact on dollar strength. The Japanese yen weakened further, hitting new three-month lows as economic conditions in Japan remain soft, and the Bank of Japan has shown no significant shift toward tightening monetary policy. On the daily chart, USD/JPY attempted multiple times to break above the 154.324 resistance level but was met with selling pressure, leading to consolidation near this level. The anchored volume resistance at 154.324 continues to act as a strong barrier, signaling that while bulls have momentum, they need more volume to push the price higher. Daily movements were influenced by U.S. dollar sentiment, with periods of volatility around news on U.S. interest rates and economic data. Updated Weekly Analysis for Upcoming Week Bullish Bias: USD/JPY remains in an uptrend on the weekly chart, supported by strong U.S. fundamentals and the prospect of a Fed rate hike. Key Resistance Level: The 154.324 level remains the critical barrier. If the pair closes above this level, it would confirm a breakout, opening the way to targets around 157.383 and 158.313. Consolidation Potential: If USD/JPY fails to break 154.324 again, we could see the pair consolidate between 152–154.324. A failure to break higher may also prompt a pullback toward the 150.000 level, which serves as strong weekly support. Bullish Continuation Scenario: If USD/JPY breaks and closes above 154.324 on the daily chart, it would signal potential continuation to the next resistance zone at 157.383. This breakout would align with the broader weekly uptrend, indicating increased bullish momentum. Bearish/Consolidation Scenario: If the price fails to break above 154.324, expect USD/JPY to potentially pull back toward daily support around 152.000 or lower. This would signal a period of consolidation, especially if the dollar faces any negative news or if U.S. yields stall. Risk Management and Final Thoughts Bullish Breakout Entry: Only consider a buy position if the price decisively closes above 154.324. Both daily and weekly close above this level would indicate stronger conviction among buyers. Patience on Rejection: If USD/JPY fails to close above 154.324, be prepared for possible consolidation or a pullback to lower levels. Avoid entering prematurely if the breakout isn’t clear. Stop-Loss Strategy: Given current volatility, it’s essential to keep SL tight near key support levels to protect against unexpected reversals, especially with major economic events upcoming. by JasieKK1
USDJPY Possible trade Idea (11-15)-Nov-2024Day trading Idea 1.USDJPY is in a bullish trend 2. I am looking for buys on a HL 3.Current trend is pro Trend (Impulsive trend) 4.Highlighting the recent BOS i can identify the most recent formed HH and HL(Which swept liquidity), then apply a FIB to find possible entry points. I always wait for confirmation like MSS before jumping into a trade. Longby Ocean981111134
USDJPY Uptrend in Focus: Fibonacci & Trendline AlignmentThis chart highlights a bullish setup for USDJPY, with the 0.618 Fibonacci level serving as a key entry point. Additional confluence from a rising trendline strengthens the bullish bias. I'm monitoring price action closely at these levels for confirmation before executing the trade.Longby MarkhorTraderUpdated 3
USDJPY PANIC CYCLEUSDJPY is currently in the last year of the five-year cycle, repeated throughout this market's entire life cycle. The five-year cycle starts with a 4-year bull market and a 1-year panic correction. Should the 161.951 current top hold we would expect price to accumulate around the 151 price zone preparing for a quick decline toward the 125.8 zone for a total price of -360 pts. We expect Price to find support in August 2025. Considering both price and time our expected directional vector for the Five-year cycle will be 1695 units. The directional Price-Time Vector for the Five-year cycles has been in a range from 1659-1716 units. With the bull phase within a range of 1385-1406 units. A fractal nature has been observed in the 1903-1908 DJI market. The 1907 (rich man's) panic. Trade safe Shortby WU_WEI-CAPITAL6618
USDJPY risky Buy trade 100+P.US macroeconomic indicators performing well. But I feel it overbought. It is a positive thing that retail sentiment is more on the sell side. 24/11/09 1 GDP growth rate USD 2 Unemployment JPY 3 Inflation JPY 4 Interest rate USD 5 Manufacturing PMI JPY 6 Consumer spending USD 7 consumer confidence USD 8 Retail sales MoM USD 9 Retail sales YoY USD 10 Wages USD 11 Trade balance ---- 12 Services PMI USDLongby Ranasinghafx3