USDJPY - Long active !!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 for a long. I expect bullish price action as we can see a rejection from bullish OB + trendline + level 154.000.
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Usdjpyshort
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
USDJPY BUY | Idea Trading AnalysisUSDJPY is moving UP.
The chart broke through the dynamic resistance, which now acts as support.
We expect a decline in the channel after testing the current level.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity USDJPY
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
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
#USDJPY - UniverseMetta - Signal#USDJPY - UniverseMetta - Signal
H4 - Fixation behind the trend line + breakout of the local level. Potential completion of the impulse on D1. An additional entry point will be when the 3rd wave is formed. Stop behind the maximum.
Entry: 152.694
TP: 151.301 - 149.238 - 147.791 - 144.607
Stop: 154.051
Scenario USDJPYThe graph is just for fun, I lightly drew a possible scenario, but we will see how this situation turns out in the end, the price is currently hovering around the price level of 153.340, which corresponds to a little 0.618 from the last wave before the correction, if the price fails to hold, the correction may be considered sufficient and we can concentrate for shorts !
USDJPY Is a Major Sell-Off Coming? Key Levels to Watch!USDJPY has been on a tear these past few weeks, charging toward some key higher timeframe resistance areas.
Checking out the Monthly chart, I’m spotting what looks like a major trend reversal pattern. In July, USDJPY hit 162, and the resulting sell-off did two big things: it broke the long-term trendline and took out the last swing low from the previous leg up. (see chart below)
Also, on the Monthly chart, you’ll notice that when price broke up through the 152 resistance to reach 162, there was a notable lack of momentum compared to earlier moves in this trend. We’re also seeing clear bearish divergence on the MACD—all signs of a major topping pattern and a likely trend reversal.
Zooming into the weekly chart, and drawing fib retracement levels from the July drop, we’re right at the 0.618 level, aligning with the outside of the previous trendline.
On the daily chart, we’ve reached what I consider a key SELL zone between 154-155. This level saw a 1500-pip drop in just days at the start of August.
With three key confluences now in play and the Monthly chart showing a strong trend reversal pattern with MACD divergence, we could say “the stars are aligning” for this one.
My approach? I’ll wait for the price to break above 154 and head toward 155, then turn on my TRFX indicator to look for 4-hour sell signals.
Even if the market pushes higher, I’ll be on the lookout for more selling opportunities, especially if we move closer to 160. With all these factors lining up and the Bank of Japan’s interest rate decision this week, we could see a significant USDJPY sell-off.
But I’ll WAIT for the SELL SIGNAL to confirm.
If this major reversal takes shape, the price could drop quickly to this year’s low at 139.500, with possible profit-taking here and buyer re-entry, before pushing lower in the long term towards 127 or beyond.
Note: This is a long-term, higher timeframe perspective and not a short-term trade.
Let me know your thoughts below!
USDJPY - Hangman Reversal (600 pip)Dollar (USD) has been extremely strong, however has come to a point of resistance and risk.
US Elections are in 10 days. Market is monitoring the resiliency of US economy. With markets normalizing, looks like there may be more appetite for risk as Central Banks are telegraphing their moves.
Yen (JPY) has been been on the other side of this coin and it has been nothing but weak.
This is at a potential changing point with new administration in Japan, expected rate hikes coming from BoJ and shifting global trends.
This will be highly data-driven trade. Can be invalidated or in-the-money extremely quickly.
USD/ JPY ! 10/ 28 ! SELL resistance ! GAP USD/ JPY trend forecast October 28, 2024
The Japanese Yen (JPY) recovers about 50 pips from a three-month low against the USD, though gains are limited amid uncertainty over the Bank of Japan's rate hike plans and the ruling coalition’s recent loss of its parliamentary majority. Additionally, a positive risk sentiment continues to weigh on the safe-haven JPY.
At the beginning of the week, the price created a GAP to increase - need to adjust to fill the GAP. There is a slight resistance zone - in the context of not much important news today.
/// SELL USDJPY : zone 153.250 - 153.550
SL: 153.850
TP: 60 - 100 - 250 pips (151.050)
Safe and profitable trading
10/25 ! USD JPY ! touch trend set up SELL USD/ JPY trend forecast October 25, 2024
The Japanese Yen (JPY) failed to build on Thursday’s recovery and faced renewed selling pressure during Friday's Asian session. Japan's business activity data for October showed a contraction in both manufacturing and services sectors. Additionally, a drop in Tokyo’s core inflation below the Bank of Japan’s (BoJ) 2% target lowered expectations for further rate hikes in 2024, weighing on the JPY.
A positive market sentiment and US Dollar (USD) buying also supported the USD/JPY pair around the mid-151.00s. However, verbal intervention by Japanese authorities helped limit further JPY losses. Traders now await US economic data for short-term direction amid political uncertainty before Japan’s general election on Sunday.
H1 frame shows the price zone is adjusting - touching the trendline, continuing to adjust down
/// SELL USDJPY : zone 151.850 - 152.050
SL: 152.500
TP: 50 - 100 - 250 pips (149.550)
Safe and profitable trading
Price Movement Insights: Reversal or Continuation?4H Chart
Current Price: 148.656
Reason for Bearish Reversal:
• Ascending Broadening Wedge (Bearish Reversal Pattern)
• RSI in Oversold Territory (Potential Correction)
Bearish Reversal Price Targets:
• 1st TP: 146.875
• 2nd TP: 143.750
• 3rd TP: 139.557
Conversely (Bullish Targets):
• 1st TP: 150.000 (Psychological Level)
• 2nd TP: 151.563
• 3rd TP: 153.125
Wishing you successful trades!
USDJPY | Perspective for the new week | Follow-upAfter an 8-week break from USD/JPY, I’m excited to bring it back to our watchlist as we prepare for next week’s trading! Over the past 9 months, this pair has experienced major shifts—from early-year expectations of Japan's monetary policy changes to the dollar's surge mid-year and the USD/JPY oscillating around the 150 zone in October.
Key drivers include Japan's inflation data, with the latest CPI rising 2.5% YoY in September. As market rumours of another intervention grow, what opportunities lie ahead? Let's explore the key levels, trends, and setups for the coming week.
USDJPY Technical Analysis:
As discussed in the video, the recent upward momentum is showing signs of easing, leaving room for a possible USD pullback. However, for a confirmed uptrend continuation, we need to see sustained trading above 150.000. Our detailed technical analysis focused on the current bullish market structure, with particular attention to the key level of 150.000, set as a pivotal point for the upcoming week. This level gains significance as a potential catalyst for a clear uptrend if buying pressure persists. The market's response to this level at the beginning of the new week will strongly influence the direction of price action in the days ahead.
#JapanInflation #USDJPY #Yen #BoJ #FederalReserve #Forex #CurrencyTrading #EconomicAnalysis #MarketAnalysis #Investing #Finance
USD/JPY Technical Analysis: (READ DESCRIPTION)USD/JPY Technical Analysis: Bullish Momentum Expected
Pivot Point: 150.45
The pivot point at 150.45 serves as a key level of support for USD/JPY. As long as the price holds above this level, bullish momentum is anticipated.
Our Preference: Long Positions
Recommended Trade:
Long positions are favored as long as the price stays above the 150.45 pivot point. This sets up the potential for upward movement toward resistance levels.
Target Levels for Upside Movement:
First Target: 151.10
This is the immediate resistance level where traders may take profits or evaluate a continuation of the bullish momentum.
Second Target: 151.60
If the first target is surpassed, the pair could extend its gains toward the 151.60 level, signaling further bullish movement.
Alternative Scenario: Downside Risks
If the price falls below 150.45:
Bearish Outlook:
First Target: 150.10
Second Target: 149.70
These levels represent potential support zones in case of a bearish reversal.
Technical Insights:
RSI Indicator:
The RSI is mixed but leans bullish, suggesting the potential for further upside if momentum builds. Traders should keep an eye on this indicator for confirmation of a stronger move.
USDJPY → Trade Analysis | SELL SetupYou can expect a reaction in the direction of selling from the specified resistance zone
USDJPY moving higher as it tests the strong resistance level..
We expect a bearish move from the confluence zone.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDJPY
I still did my best and this is the most likely count for me at the moment.
-------------------
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Correction USDJPY. H4 11.10.2024 Correction USDJPY 📉
The Japanese yen has reached the local resistance level of 149.40 and after a false breakdown I expect a correction downwards. The correction may go to the 1/2 margin zone 146 or to the strong buyers zone 143-144.50 from which I will also look for a bounce upwards. I believe that the general upward movement is not finished yet and the expected decline will be corrective.
OANDA:USDJPY
USD/JPY October Market Analysis: Bearish Structure and Key Sell
USD/JPY October Market Analysis and Trading Setup
In the month of October, we are observing an open high-low-close structure on the USD/JPY, which strongly suggests the development of a potential sell setup. At this point, we are awaiting further confirmation through a TDI (Traders Dynamic Index) cross, which will signal the appropriate entry points for sell positions.
Key Observations:
1. Bearish Divergence: Since August 16, 2024, there has been a clear bearish divergence, extending from that date to the current market high.
2. Daily Timeframe Structure: The open-high structure on the daily chart for October further strengthens the bearish outlook.
3. Overbought Conditions: The market appears significantly overbought, following a bullish breakout that began on October 1, 2024.
4. TDI Cross as Confirmation: A bearish cross in the TDI indicator will serve as confirmation of the presence of sellers, providing an essential signal for initiating sell positions.
Targeted Take Profit Levels:
- Take Profit 1: 147.500
- Take Profit 2: 146.500
- Take Profit 3: 145.500
- Take Profit 4: 144.500
Trading Advice:
It is crucial to wait for valid signals, such as the TDI cross, to confirm entries before taking action. Always trade with caution, and ensure risk management strategies are in place to protect your capital.
If you found this analysis helpful, please like, comment, and follow for more updates. I will gladly follow back. Wishing you success in your trades!