USD JPY Long Set upLooks like a continuation of trend. Trying to long at 159.987. Good Luck Entry 159.987 Stoploss 159.600 TP-1 - 160.378 TP-2 - 160.725 #Trading #Technical #Crypto #Stocks #commoditiesLongby BullBearBTC13
USDJPY War"Japan faces a tug-of-war with yen bears" says the recent Reuters article on this topic, which has had a lot of articles in the recent buildup to the BOJ intervention. What it basically implies is that professional traders have embarked in a money making roller coaster pushing the USDJPY higher knowing full well that the BOJ will step in and bring it down triggering their sells. Because of the interest rates difference some are still expecting a lot of market participants to be on the other side of the BOJ position, especially as it is estimated by some that 59 billion $ were required just for this intervention alone. I am not convinced. I don't see a big case for another Bull Big Push, and I developed a set of levels for potential support and resistance zones in a more bearish tuned scenario. At least until June. This also has a correction from the drop scenario factored in, with a potential resistance zone near 157.5 at the long green plank. Nothing is set in stone and I wouldn't promote hear a precise approach, strategy, bias, or tactical manoeuvre, but I would pay close attention to the price action at the zones highlighted in this project. Consolidations, breakouts, reversals, all scenarios are to be considered, and to keep an open mind and be free of prejudice and bias, we can also consider more BOJ contrarian scenarios, as long as relevant price action related events occur at any of the shapes. by nenUpdated 3315
Start Buying USDJPY The JPY sector as potential of more growth . USDJPY as good P/E , ROI, ROA. On like it's competitors in the sector, it's can grow faster, because it as more market share. Longby DolapoJebe3
USD/JPY BEARS ARE GAINING STRENGTH|SHORT Hello,Friends! We are now examining the USD/JPY pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 158.321 level. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals114
FX intervention fears cause USD/JPY to stall as it approaches 16USD/JPY is back trading at a critical level after continued weakness in the Japanese Yen. The pair gathered strength last week following renewed strength in the US dollar, but momentum will likely struggle from here as the 160 level comes into reach. After easily breaking above 150 in April, Japanese officials set the 160 mark as their new target for FX intervention. Back then it cost the pair a 5% reversal in a week, dropping back towards 151.90 before finding support at its 50-day SMA. Once again we have seen commentary from officials that another round of intervention could ensue if the Yen continues to weaken against the dollar. Continued dovish remarks from the Bank of Japan have weighed on the Yen despite the threats of intervention, causing USD/JPY to regain its bullish momentum. The ascent had been slow and steady for the past two weeks but the rally intensified at the end of last week as the pair got closer to the 160 threshold, as investors wanted to make the most of the remainder of the rally before the reversal. Whether intervention – if it happens at all – will happen exactly when the pair hits 160 or whether there will be a bit more leeway is unknown. Going on what happened back in April the pair had just breached 160 (160.15) when the pullback started but in the past, we have seen traders approach a past intervention level with caution only for it to not occur at that level. Similar to what happened with the 150 mark back in March. If we see a similar setup then the pair may hover just below 160 for the next few days as it gathers the momentum to break higher and test the waters. If no intervention happens over the coming days then the pair is likely to see a strong rally as the built-up bullish appetite materialises, but there will continue to be indecision, as traders will be trying to figure out at which level will intervention eventually be triggered. At this point, the reversal could last several days or weeks. That said, regardless of the short-term market volatility the long-term bias remains firmly upward with no threat of a reversal anytime soon. As long as the hawkish-FED-dovish-BoJ dynamic continues USD/JPY will remain in a bullish setup. So far there is no sign that either central bank will change its positioning meaning that even if FX intervention from Japanese officials continues, the long-term depreciation in the Yen is unavoidable unless the BoJ changes its policy. by CapitalcomUpdated 2
USD/JPY - LAST SCENARIO This scenario is very similar to scenario one and I must admit it makes slight sense that scenario 1 and 2 (see below for previous analysis) because it will liquidate or trigger stop losses of early bears in scenario 1 and 2 plus the previous wave 1-5-green matches all criteria for a leading diagonal which gives assurance that we will see some more upside for wave 3 and 5-orange also touching or passing the 1:1 Fibonacci Extension slightly. Common thing about all the scenario is that they both have the potential to retrace to $148 region which is a good opportunity for scalpers or day traders if they want to tolerate their invalidation level being at the last high $160.5. FX:USDJPY PREVIOUS ANALYSIS OTHER ANALYSIS by DewyCandlesUpdated 3
USD/JPY Presses 3 Decade+ High at 160.00“Don’t fight the market” is one of the oldest adages in trading, but apparently the Bank of Japan didn’t get the memo. Japan’s central bank has now intervened directly in the FX market to support the yen at least four separate times in the past 24 months, with little to show from the billions it spent as USD/JPY once again tests a 34-year+ highs at 160.00. After warnings from the US over the last round of intervention, the BOJ appears to be holding its ammo until the move grows excessive, which may be closer to the 165 area as long as the yen’s depreciation remains controlled. A break above 160 could lead to a short-term spike as clustered stops on short positions get hit, and only a break back below 157.75 would call the near-term bullish bias into question. by FOREXcom2
USDJPY BULLISH - June 27📢 Signal: BUY USDJPY 📈 Entry Point: `160.473` 🔍 TP1: `160.749` 🎯 (27 pip TP) TP2: `161.104` 🎯 (63pip TP) TP3: `161.443` 🎯 (97 pip TP) SL: `160.159` ⛔️ (32 pip SL) Ensure proper risk management when following signals! 💡 @Mr_Bombastic_SignalLongby mr_bombastic_signalUpdated 3
USD/JPY ups and downs and analysis strategiesHello traders, USD/JPY maintained its decline near 160.50 during the European session on Thursday, eroding some of Wednesday's surge. The pair was dragged down by widespread risk aversion and Japan's verbal intervention, supporting the Japanese Yen. The focus now is on potential foreign exchange intervention and US data. The Japanese yen (JPY) weakened again on Wednesday in a nearly 10-day losing streak with only one interruption in its advance. Traders are dipping their toes in the water to see if Japan's Ministry of Finance will intervene in the foreign exchange market. Meanwhile, the Bank of Japan is still unclear when, how and whether it will cut its debt purchase program. The USD/JPY pair is flashing a red warning light when the price action gets too hot. The best evidence is the Relative Strength Index (RSI), which is close to overbought conditions on the daily chart, while the 160.00 magic level, where Japanese authorities last intervened, is very close. Don't expect an immediate knee-jerk reaction, as authorities will want to see whether US data on Thursday and Friday can trigger some easing without having to stick their necks out to intervene. Are not. USD/JPY reverses from 161.30 after Japan's verbal intervention USD/JPY is trading below 161.00, having stalled its uptrend to a fresh 38-year high of 161.28 after Japanese Finance Minister Suzuki issued warnings on a probable FX intervention. Markets stay cautious amid intervention risks and ahead of the US PCE inflation data.by Jon-JackUpdated 3
USD/JPY in the spotlight as yen-tervention is in focusFundamental Overview The USD last week finished slightly positive but overall, it was a pretty flat week. We got some great US PMIs on Friday which showed growth without inflationary pressures. In fact, despite the strong PMIs the market pricing for interest rates remained unchanged. That should be positive for risk sentiment for the time being. The JPY, on the other hand, continues to lose ground against the major currencies amid the general pickup in global growth and overall positive risk sentiment, even if we get bouts of risk-off here and there. We will likely need weak US growth data to see some sustained Yen strength although it might be short lived if it’s not enough to make the market to price in more aggressive rate cuts for the Fed.Longby FXBANkthe80553
USDJPY - Watching movesAs the pair moved from 155 to the highs, we have seen it followed bookish definition of Upward Trend i.e Higher highs and higher lows. The last low formed is at 160.30 and therefore a level to be watched. If the level is broken marked by red horizontal line, we will see initial signs of trend reversal on smaller time frames. Important Note: Also we are approaching Half yearly closing, quarterly,monthly and weekly closing today. Such days are relatively of high volatility as market sets a direction for next quarters, months and weeks. Therefore today's closing and candlestick formation on daily and weekly to be noted seriously which will give us a hint regarding future moves. Good Luck Shortby Forex_Time_AN1
Short trade 25th June 24 London Session Sellside 30min TF entry Entry 159.441 Profit level 158.932 (0.32%) Stop level 159.570 (0.08%) RR 3.95 Shortby davidjulien369Updated 2
USDJPY - SHORTSUSDJPY - Shorts on the confirmation within the trading session…. Entry - on the close of the red bar after the white bar - enter. SL - above the previous candle high or white bar high - which ever is highest. TP - set first TP at 1:3RR - next TP at 1:10 RR ( here the trade example had too big SL - seeing that we normally enter on 5min chart or lower. But we cannot share any charts below 15min because of TradingView resolution limits. Like and Follow to get access early July. Shortby InForMe_Analysts112
USDJPY: The Buyer still holds controlThe USD/JPY exchange rate has shown an upward trend after breaking above the 159.00 level, sparking concerns that the Japanese government or the Bank of Japan (BoJ) might intervene in the forex market. With the Relative Strength Index continuing to rise, the momentum is currently in favor of buyers. Should USD/JPY surpass the psychological barrier of 160.00, the next resistance level to watch would be the year-to-date high of 160.32. Further gains are anticipated beyond 160.50, targeting the 161.00 level.by Trader_BrianFXUpdated 3
USD-JPY Strong Bullish Breakout! Buy! Hello,Traders! USD-JPY is trading in an Uptrend and we are seeing A strong bullish breakout Of the key horizontal level Of around 160.000 So we are bullish biased And we will be expecting A bullish continuation Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals113
USDJPY / Consolidation with Potential for Bullish ContinuationMarket Consolidation and Key Levels: The price has broken the all-time high and stabilized above it. As long as it trades above 159.820, it will remain in the bullish zone, targeting 161.800. Bullish Scenario: For the bullish trend to persist, the price must stabilize above 159.820, with an aim towards a target of 161.800. Bearish Scenario: A downtrend will be confirmed if the price stabilizes below 159.820, potentially reaching 159.110. Key Levels: - Pivot Line: 159.820 - Resistance Levels: 160.500, 161.300, 161.850 - Support Levels: 159.220, 158.800, 157.980 Summary: The market is currently in a consolidation phase between 159.820 and 158.800. A break above 159.820 signals a bullish continuation towards 161.700, while stability below 158.800 indicates a potential decline to 157.970. In summary, the key level to watch is 159.820. A move above this level confirms bullish momentum, while a drop below 158.800 suggests further downside potential. Previous idea: Longby SroshMayi3
USD/JPY Sell Call Investors FAQ is providing the best analyticsGot it! Here’s the updated content reflecting that Investors FAQ is providing the best analytics: Forex Signal: USD/JPY Sell Call Entry Price: 160.860 Take Profit Levels: T1: 160.460 (40 pips) T2: 160.060 (80 pips) T3: 159.600 (126 pips) Stop Loss: 161.860 (100 pips) Short Description The USD/JPY pair is currently exhibiting bearish tendencies, suggesting a potential downtrend. The entry point for this sell call is set at 160.860, with three take profit levels strategically placed to maximize potential gains: T1:At 160.460, this level is 40 pips below the entry, offering a moderate profit target for short-term traders. T2: At 160.060, this level is 80 pips below the entry, providing a more substantial profit target for those looking to hold their position longer. T3: At 159.600, this final target is 126 pips below the entry, aimed at capturing significant market movement for maximum profit. Risk Management The stop loss is set at 161.860, 100 pips above the entry price, to protect against adverse market movements. This ensures that potential losses are minimized while allowing room for the trade to develop. Market Sentiment Current market analysis indicates a weakening in the USD against the JPY, making this a favorable opportunity for a sell position. Keep an eye on economic indicators and market news that could impact the USD/JPY pair. Investors FAQ: Providing the Best Analytics Investors FAQ is committed to providing top-tier analytics and signals for forex trading. Our comprehensive market analysis and carefully curated signals are designed to help traders make informed decisions and maximize their trading potential. Risk Disclaimer Trading in forex and commodities carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in forex or commodities, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with forex and commodity trading and seek advice from an independent financial advisor if you have any doubts. --- Please ensure you follow your risk management strategies when using this signal. Happy trading!Shortby Investors_Faq2
USDJPY Trading Signal: Sell🚨 Signal Alert: USDJPY 🚨 Direction: Sell Enter Price: 159.604 Take Profit: 158.918 Stop Loss: 160.109 Analysis and Justification: Our trading signal for USDJPY indicates a bearish trend based on several key factors evaluated using the EASY Quantum Ai strategy. Here's a breakdown of the reasons behind this forecast: 1. Technical Indicators: Recent analysis of moving averages, RSI, and MACD shows overbought conditions, signaling a potential downward correction. 2. Market Sentiment: Current trader sentiment and positioning data suggest an increasing number of short positions are being opened, indicating a bearish outlook. 3. Fundamental Factors: Recent economic data from Japan has shown unexpected strength, potentially increasing demand for JPY. Coupled with weaker than expected US economic indicators, this provides downward pressure on USDJPY. 4. Geopolitical Influence: Recent geopolitical developments have fostered a risk-off sentiment, often leading to higher demand for safe-haven currencies like JPY. To capitalize on this movement, enter the trade at 159.604, place your take profit at 158.918, and set your stop loss at 160.109 to manage risk effectively. Stay informed and trade wisely!Shortby ForexRobotEasyUpdated 2
Opportunity to sell USDJPY on TF M15I see a reversal opportunity for USDJPY trading, the price enters the supply zone, it is hoped that the price will drop through the white space as a profit zone, with a target demand zone of m15. Use stoploss above the supply zone. Good luck notes. All risks are not our responsibility.Shortby AHAFX10Updated 12
USDJPY If this is going to drop anytime is now where it makes sense to otherwise this thing is probably going to mars at this point by OJ20032
USDJPY - Look for a long !!Hello traders! ‼️ This is my perspective on USDJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I want price to make a retracement to fill the imbalance lower and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content!Longby Snick3rSD2220
USDJPY idea-06/23USDJPY swing short idea 1. swing short point - 160.695 2. swing short point - 162.991Shortby TraderGC881
USDJPY SHORT - Fibo RetracementUSDJPY SHORT Fibonacci Retracement Indicator Signal : ReversalShortby Steinberg1