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USD/JPY_SPT - USD/JPY

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USDJPY_SPT trade ideas

Yen Carry Trade & Rate Hike (BoJ)The USD/JPY pair is likely to fall toward the 140 level as two key factors weigh on the market: the unwinding of the yen carry trade and growing fears of a rate hike by the Bank of Japan (BoJ). For years, Japan’s ultra-low interest rates made the yen a favorite currency for carry trades, where investors borrow yen cheaply to invest in higher-yielding assets elsewhere. However, as global markets face increased volatility and central banks tighten monetary policy, these trades are becoming less attractive. Investors are now unwinding these positions, which involves selling off foreign assets and buying back yen, strengthening the currency and putting downward pressure on USD/JPY. At the same time, the BoJ has hinted it may soon raise interest rates as inflation in Japan shows signs of persistence. Even the expectation of a rate hike reduces the appeal of the dollar against the yen, as higher Japanese rates would narrow the interest rate differential. This makes the yen more appealing and further accelerates the unwinding of carry trades. With these factors aligning, the USD/JPY pair potentially faces significant downward momentum, making a move toward the 140 level increasingly likely.
Short
by GER-Quality-Trades
1
USDJPY Massive Long! BUY! My dear friends, My technical analysis for USDJPY is below: The market is trading on 149.75 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 151.34 Recommended Stop Loss - 148.92 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
Analysis of the USD/JPY currency pair on the 4-hour time frameAnalysis of the USD/JPY currency pair on the 4-hour time frame - We have price divergence and RSI indicator - We have two FVG in the middle, which the price tends to fill - We also have a PVOTE on the way - We have a good distance from the 99-day EMA - From a macroeconomic perspective, we also have extremely important news for the US dollar today - We also have the speech of the Federal Reserve Chairman, Mr. Powell My analysis is the growth of the dollar, especially in the news and speech period Don't forget capital management It is necessary to respect risk to reward Good luck and be profitable
Long
by mansour1978
USD/JPY looks set for some mean reversionWhile the USD and yen have been the strongest currencies so far this week, I suspect the decline on the USD/JPY daily chart is overdone on the daily chart and due a bounce. A Doji formed on Monday at the October VPOC (volume point of control) to suggest demand just above 149. Given the bullish divergence on the daily and 4-hour RSI (2), the bias is to seek dips within the support zone in anticipation of a bounce to the weekly pivot point around 151.
Long
by CityIndex
#015 DCA USDJPY SellJPY is in a buying mode currently as seen on the 1H and 4H, so now that I have freed up some margin**. I am selling USDJPY because I feel that it is the strongest among all the JPY pairs in my watchlist. It is also trending with the 60SMA on the 4H, 1H and 15 Minutes Time Frame. As I entered on an impulse wave aka Push. I am expecting that price might turn back on a pullback aka Pull. And it would be visible on the chart when the Stochastic 20,1,1 shows overbought. And there I would have my limit sells in place to catch the "falling knife". I might also place market orders in when I feel that it warrants an additional sell position. That's all for now I am going to do some food deliveries so that Anthony Tan could pay off his mortgage on that GCB, or else he would have to sleep on the streets of Orchard Road (crying emoji). **(most of my margin is untouched even though I have 8 or so positions opened.) 1212SGT 29112024 Add : 25.85$ SGD used for margin for 5 open positions. And margin available is currently at 188.04$ SGD. I began the week with 213.5$ SGD and currently am sitting on 213.83$ SGD, all while risking 1cent SGD per pip. 1215SGT 29112024
Short
by ProfessionalDuckHunter
3