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USD/JPY_SPT - USD/JPY

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USDJPY_SPT trade ideas

USDJPY rises sharply, supported by rising channel !USDJPY is showing significant upside momentum today, trading firmly within a well-defined bullish channel on the 4-hour chart and currently trading at 153.89. This bullish move reflects a stronger USD influence, fueled by recent events surrounding former President Donald Trump. Despite the steady push from technical factors, USDJPY may face resistance near 154.00. This area may act as a short-term hurdle, as the pair’s upside momentum may slow down once it reaches this level. A minor pullback within the channel is expected, which would help confirm the ongoing trend. This pullback could take USDJPY down to the support zone around 153.000, testing both the 34 and 89 EMAs for further strength. If the pullback is successful, USDJPY is expected to continue its upward trajectory, heading towards the upper boundary of the channel. The next important resistance zone lies above 156,000, which aligns with the top of the channel, representing a crucial level to watch for further gains.
Long
by Bentradegold
1
USDJPY H1 | Bullish Bounce Based on the H1 chart analysis, we can see that the price is falling to our buy entry at 153.86, which is a pullback support that aligns with the 23.6% Fibo retracement Our take profit will be at 154.66, a multi-swing high resistance. The stop loss will be placed at 152.97, a pullback support that aligns with the 50% 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. 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, previously FXCM EU 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
Will we see intervention and the propping of Yens?We have seen various instances of Japanese Govt intervention and the propping up of a weak Yen. The Yen tends to get to seriously weak points like this as a result of their MP stance (low rates, high exports). The FED rate still sits much higher, as do most major economies. Japan benefits from a weaker currency until it gets too weak. If we see any further rises, we may see such falls as eluded to by Finance Minister Kato earlier today. After the assumption that FED may ease more slowly, USD strength still has a case. Looking for re-shorts on higher fib levels back towards previous highs. Any real price rise (especially if its quick) is likely to warrant further Intervention. Any serious intervention may cause rapid falls on Yen crosses, so a short side bias will be taken but only in proportion to equity/risk at all times. Awaiting further sentiment.
Short
by WillSebastian
USD/ JPY ! 11/8 ! oversold , support , BUY nowUSDJPY trend forecast November 8, 2024 The Japanese Yen (JPY) struggles to gain traction on Friday, fluctuating with minor gains and losses against the US Dollar (USD) as the European session nears. Support for the JPY comes from recent comments by Japanese authorities, though concerns about the Bank of Japan's (BoJ) capacity for further rate hikes limit its upward momentum. Meanwhile, optimism around Trump’s growth and inflation policies largely overshadows the Fed’s dovish outlook, boosting US Treasury yields, which in turn weighs on the lower-yielding JPY. Additionally, renewed USD buying helps restrict any significant downside for the USD/JPY pair. Trump as president with more strict foreign policies, mainly helps the dollar stronger. This will help USD/xxx currency pairs to increase in value. /// BUY USD/JPY : zone 152.300 - 152.100 SL: 151.700 TP: 40 - 100 - 200 pips (154.100) Safe and profitable trading
Long
by Moon-ForexAcademy
3
USDJPY Daily Analysis: Slight Bearish Bias Expected Amid Shifts USDJPY Daily Analysis: Slight Bearish Bias Expected Amid Shifts in Economic Sentiment 12/11/2024 Introduction Today’s analysis of USDJPY suggests a slight bearish bias as the Japanese yen gains ground amid mixed U.S. economic data and evolving global risk sentiment. The contrasting monetary policies of the Bank of Japan (BoJ) and the Federal Reserve, alongside shifts in market sentiment, are shaping today’s outlook for USDJPY. This article provides an in-depth look at the key drivers influencing USDJPY, offering insights for traders navigating today’s forex market. --- Key Drivers Influencing USDJPY Today 1. Bank of Japan’s (BoJ) Stable Policy Outlook The Bank of Japan (BoJ) has kept its ultra-loose monetary policy unchanged, but recent signals of potential shifts to support sustainable inflation levels have strengthened the yen. Speculation of a possible policy tweak has spurred demand for the JPY, putting bearish pressure on USDJPY as traders eye potential moves in the BoJ’s stance. 2. Mixed U.S. Economic Data and a Softer Dollar Recent U.S. data, including softer inflation and labor market figures, have prompted the Federal Reserve to maintain a cautious stance on additional rate hikes. This dovish outlook has weakened the U.S. dollar (USD), which further pressures USDJPY towards a bearish bias, especially as U.S. Treasury yields remain relatively low, reducing the USD’s appeal. 3. Global Risk Sentiment and Safe-Haven Demand for the Yen The Japanese yen is traditionally viewed as a safe-haven currency. With ongoing global economic uncertainties and recent geopolitical tensions, investors may lean towards the yen, adding to USDJPY’s bearish outlook. The yen’s safe-haven status often draws demand during periods of uncertainty, contributing to downward pressure on USDJPY. 4. Technical Indicators Favoring a Bearish Bias Technically, USDJPY is trading near key resistance levels, where it has faced selling pressure recently. The pair is also moving below its 50-day moving average, indicating a short-term downtrend. Both the RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) indicators are showing bearish momentum, reinforcing the outlook for a slight bearish bias today. --- Technical Analysis Indicators Supporting a Bearish Outlook Moving Averages and RSI USDJPY is currently trading below its 50-day moving average, a bearish signal that suggests continued downward movement. The RSI is trending lower, indicating increasing selling pressure and reinforcing the possibility of further declines. MACD and Volume Analysis The MACD (Moving Average Convergence Divergence) shows a bearish crossover, suggesting further downside potential. Volume trends also indicate growing selling interest, supporting today’s bearish bias in USDJPY. --- Conclusion Given the BoJ’s evolving stance, recent U.S. economic data, and a cautious global sentiment favoring safe-haven assets, USDJPY is anticipated to have a slight bearish bias today. Traders should monitor key technical levels and remain attentive to any shifts in global sentiment that could impact the pair. --- SEO Tags: - #USDJPYforecast - #USDJPYanalysis - #USDJPYtechnicalanalysis - #ForexTradingUSDJPY - #JapaneseYenOutlook - #USDJPYtoday - #USDWeakness - #ForexMarketAnalysis - #USDJPYprediction
Short
by PERFECT_MFG
Potential bullish bounce off 50% Fibonacci support?USD/JPY is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance level. Pivot: 152.49 1st Support: 151.57 1st Resistance: 153.74 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.
Long
by ICmarkets
USDJPY H4 | Bearish drop?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 155.78, which is a pullback resistance close to 161.8% Fibonacci extension Our take profit will be at 154.68, a pullback support level. The stop loss will be at 157.68, an overlap resistance level. 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, previously FXCM EU 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.
Short
by FXCM
USDJPY Will Go Lower From Resistance! Short! Please, check our technical outlook for USDJPY. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 156.038. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 153.678 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
2
USDJPY: Ready for another 1500 pip move? Presidential election in the US, which was one of the most important political events this year, moved the stock market to significant highs, historically speaking. The new rally could weaken the dollar. On the Japanese side of things, the new bullish move might be starting soon. Now that we got the retracement back to our weekly area of interest, its time to start looking for short entries. Our area of interest consists of Fibonacci and VWAP levels. This analysis is taught and provided by Fractals Trading. Trade safely and expect the unexpected, Mei
Short
by martinmei
Bullish bounce?USD/JPY is falling towards the support level which is a pullback support that is slightly below the 61.8% Fibonacci retracement and could bounce from this level to our take profit. Entry: 152.38 Why we like it: There is a pullback support level that is slightly below the 61.8% Fibonacci retracement. Stop loss: 151.57 Why we like it: There is a pullback support. Take profit: 153.76 Why we like it: There is a pullback resistance 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.
Long
by VantageMarkets