USDJPY LONGSAnticipating strong USD for the rest of the month, CB Consumer Confidence at 102.0 this past release Clean structure Rejected Fibonacci levels nicely anticipating a strong push to the upside Longby GiovanniEx112
USDJPY short idea , i am personally taking this tradeUSDJPY short, i will trade this as well tonight so i hopefully it works Shortby AdriaFX226
Since everyone wants to exclude US These guys will seek to make moves with president selections and making new deals to stay relevant let's see how this two years go. Nfp can slow price or correct it if not an expected upwards good outcome, I feel like we'd be liquidated but if the price stays above 149.3 it will be seen as a support and a new entry to hold in positive SL to lessen risk Indecisive market showing range Candlestick turn around strategy identified Bulls are very bullish from falling from 350+-400 usd/jpy 💹 Price can retrace but it won't go low anymore unless something huge happens that shocks the dollar. So a high price will eventually be seen as a cheap one. If they sneak in Mr Trump we'll have a blast again 😂. Head and shoulders second pattern M12 Broken trendline showing reversal by GCGoldenCircleUpdated 3
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
U.s. Dollar / Japanese _ Yen _ Prices _ Under _ Trading _ Venue U.s. Dollar / Japanese _ Yen _ Prices _ Under _ Trading _ Venue _ OANDA We will only use week 1 to make the week 4 prices as week 1 still need a support confirmation! Next Prices: 157.041 157.133 Distribution price : 157.738 Market need to drop to $156.231 & 154.271, before we can go further as retest over week 2 is missing!Shortby Skill-Knowledge-Conduct1
USDJPY LongAfter taking a short trade this morning and closing just shy of TP. Looking to catch the range reveral back up to area of consolidation. Entry: 156.689 Stop: 156.602 Take Profit: 156.938Longby xrpbilbsUpdated 1
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
Market analysis: USD/JPY treads carefully as intervention spooksThe advances in USD/JPY remain shy. The pair has plateaued in recent sessions with little deviation from the current level of 156.90 as the lack of direction becomes evident. The momentum remains bullish, but buyers are sceptic of how much more room there is to move higher before Japanese officials intervene in markets again. Last month the bullish drive was much stronger, but it ended abruptly at the 160 mark as speculation of FX intervention arose. Despite a recovery throughout May, the mood remains slightly gloomy for USD/JPY. As data continued to support the Fed’s higher-for-longer stance the US dollar remains favoured versus the Japanese yen. That said, investors are starting to doubt how much longer this setup can go on, leading to a selloff in the dollar in the past few days. It is unlikely that the bias in USD/JPY will change over the coming weeks unless we see a deviation from the Federal Reserve from its current hawkish stance or any indication that the Bank of Japan is willing to hike interest rates once again. Either of these scenarios seems highly unlikely in the short-term which suggests the path of least resistance for USD/JPY will remain higher. However, traders will need to overcome the technical barriers that are limiting the upside. There aren’t specific levels of resistance as such, but more so a level of distrust and uncertainty about how much further the momentum can go before being halted. It seems like for now, slow and steady wins the race, meaning we may continue to see small daily gains building on each other and testing the waters for continued appetite to move higher. by CapitalcomUpdated 0
Usdjpy long to 157.560 at LEASTUJ been on a massive uptrend, simple break and retest here. When called out to members sl was 156.500, as it went into profit i advised to change to 156.600. Either way SL on POINT. Longby BigPipster1
USDJPY 28/05/2024Macroeconomic News: The Tokyo CPI Index of Japan and the US GDP and PCE inflation data are key highlights for this week. Tokyo's core CPI is expected to rise on Friday, while investors anticipate that the US PCE inflation will remain stable in April. The USD/JPY pair is currently trading below the 157.00 level, awaiting key data that will determine the pace of interest rate cuts from central banks. The US market reopens on Tuesday after the Memorial Day holiday, with attention focused on speeches from Fed and BoJ officials. Japan's service price index increased faster than expected, reaching 2.8% YoY in April, the fastest growth since 2015. US GDP growth and PCE inflation data will be released later in the week, with forecasts suggesting Q1 GDP growth to decline to 1.4% and core PCE inflation to remain at 0.3% MoM. Technical Analysis: Despite the broad weakness of the USD on Monday, the Yen failed to gain traction, keeping the USD/JPY pair below the 157.00 level. The USD has been steadily appreciating against the JPY, despite recent market interventions. USD/JPY has recovered more than half of its losses from the multi-year high of 160.32 and remains in an uptrend. If the USD continues to depreciate, this level will act as a resistance area for the JPY. Conversely, the nearest support for the pair is at the 155 level, with a short-term trendline supporting it. The pair has traded above the 200-day Exponential Moving Average (EMA) at 149.13 since January and has increased by more than 11% in 2024. by frank_mm11020
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
USD JPY SELL There is a potential trend reversal on the Daily timeframe. Stop loss: 158.1 Take profit: 152.195 Folow me for live updates Shortby Visionary_insights2
USDJPY InsightHello, subscribers! Nice to see you all. Please share your personal opinions in the comments. Don't forget to like and subscribe. Recently, a Japanese currency policy official mentioned that Japan could intervene in the foreign exchange market at any time, causing the dollar to temporarily dip. However, remarks by high-ranking ECB officials suggesting a possible rate cut in June and further rate cuts have boosted the dollar's value again. Additionally, the large interest rate gap with Japan, with the Fed's rate cut expected to come after September, is also contributing to the dollar's upward movement. - May 29: German Consumer Price Index (CPI) will be released. - May 30: U.S. Q1 GDP (QoQ) will be announced. - May 31: Eurozone May CPI and U.S. April Personal Consumption Expenditures (PCE) will be released. - June 6: ECB rate decision is scheduled. The USD/JPY is rebounding around the 152 line after being pressed by the upper trendline resistance. It appears to be attempting to break through the upper resistance again. If it succeeds in breaking through this zone, we could expect an additional rise up to the 164 line. However, if it faces resistance and falls, a long-term decline towards the 150 line is anticipated. The most likely movement at the moment is a short-term rise to the 160 line followed by a long-term decline to the 150 line. If there are any movements contrary to our expectations, we will adjust our strategy accordingly.Longby shawntime_academy117
USDJPY Will Fall! Short! Take a look at our analysis for USDJPY. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal 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 overbought. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 117
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
USDJPY Uptrendline Breakout ? 28.05.2024 - Uptrendline breakout to the downside observed on 1hr USDJPY chart - If breakout holds, potential for rate decrease - If breakout fails, potential for rate increase - Risk management recommended Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350)by BDSwiss_Academy2
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 STRUCTURE I know what you are thinking, Dr. Trade are you not seeing a valid supply zone, are you not seeing a valid Order block, are you not seeing a huge level of imbalance, well let me remove you from pattern trading and make you see the bigger picture, this is what we will follow for this pair #BUYS ONLYLongby Dr_Trade11
Could USD/JPY bounce from here?Price is falling towards the pivot and could potentially bounce to the 1st resistance which has been identified as a pullback resistance. Pivot: 156.58 1st Support: 156.01 1st Resistance: 157.97 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 ICmarkets2211
Long buddy!!!We are primed to rip 80-100 pips high for the rest of the week. My confluences and entry trigger has been met 3 times for the long push 157.800 is my week target area Trade safely my friends.Longby Dlphdavis112
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
Targeting Buysidehigher tf bullish. h1 and h4 bisi supporting price. Currently above equilibrium of rangeLongby iamhawkins26330