Get started

Dollaryen

USDJPY can go UP from 🟢Support zone🟢➡️RR=2.45🏃‍♂️ USDJPY is moving near the 🟢 Support zone(143.40 JPY-142.82 JPY) 🟢. 🌊According to Elliott's wave theory , USDJPY has successfully completed wave A in the 🔴 Resistance zone(146.26 JPY-144.94 JPY) 🔴. 🌊The structure of corrective waves is Zigzag(ABC/5-3-5) . 🔔I expect wave B to end at the 🟢 Support zone(143.40 JPY-142.82 JPY) 🟢, and USDJPY will trend higher again and at least GO UP to the 🔴 Resistance zone(146.26 JPY-144.94 JPY) 🔴again. 👑 Position : USDJPY Position : Long Entry Point : 143.429 JPY (Limit Order) Stop Loss : 142.440 JPY Take Profits : 4145.852 JPY// 144.414 JPY(RR=1.00) Risk-To-Reward : 2.45 Please don't forget to follow capital management ⚠️ Please pay attention to the style of opening the position.⚠️ U.S.Dollar/Japanese Yen Analyze ( USDJPY ), 4-hour time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
13
USDJPY - Long Trade Idea (ICT)Based my bullish bias for the US Dollar (DXY), I am expecting USDJPY to head higher as well. Last week price traded to a clear 4-hour Order Block before retracing and ending the week. Now there are 2 general areas where I expect price to move higher from and create new highs. 1. There are a few PD Arrays with my interest in this area, most of them overlapping. At the very least, I am anticipating the 8-hour Bisi to be traded into, and possible digging into the 45-minute Bisi and subsequent Order Blocks below. 2. There is an Order Block with a 2-hour Bisi in this zone. I could permit price to come into this area if price action was slow to get there, or if it were fast to get there I would allow for a sharp rejection. - R2F
Long
by Road_2_Funded
USDJPY: My next 2 moves as I expect BoJ to defend their currencyI'm expecting USDJPY to carry on meandering towards the 150 mark, and it's at this level that we've previously seen BoJ step in to defend their currency, We saw the same in June / July 2022, and I think we'll see it again. BoJ has started hinting at a change to monetary policy for the first time in a long time, we saw a very small reaction in the past week to this, but right now the dollar is too strong for this to have made a difference. I'm expecting DXY to retrace from current levels and this cross could be a big beneficiary if BoJ do what I think, it's always good to trade strength against weakness. There could well be some little long scalp opportunities for me (with very very tight SL's moving to BE asap) on the way up to 150 (within the rising wedge) as that's still some good pips away, but for me the bigger moves now will be to the downside. I'm not planning on getting caught with any longs up here... This is a big news week for this pair with FOMC on Wednesday and BoJ interest rate decision and conference Friday, will be interesting to see how this all pans out ahead of these fundamentals, but beyond them I'm expecting things to play out as per this idea. I've plotted two moves, first from the 150 ish mark down to support, and then another sell down to the rising long term trendline.
Short
by Finchcliffe
2
usdjpy is throwing bearish reversal signalsThe dollar has been very strong versus the Yen lately. Price has reached yet another high and i believe its like to retrace bearish. The sellers have stepped in a provided some indecision and buy exhaustion. The blue 8 exponential moving average crossed to the dowside below the 21 simple moving average and price began a minor downtrend. This usually occurs before a breakout and upon a retest of that bearish candle that initiated the downward movement. I'm awaiting a re-test of $13.868- $144.155 so signal if price would like to continue bullish intraday or retrace bearish and sell for lower lows now.
Short
by DesharedPierreJr.
Joe G2H Trade@ Buying USDJPYTrade Idea: Buying USDJPY Reasoning: Pullback into newly formed support on the daily. Entry Level: 138.104 Take Profit Level: 139.58 Stop Loss: 137.50 Risk/Reward: 2.4/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Long
by Signal_Centre
USDJPY POTENTIAL LONG FORMATION IN PROGRESSWe have been looking at this pair and waiting for various patterns to form which will assist us to form a basis for the potential direction of the pair. Our trades are based on the higher time frame trend, being the weekly and monthly charts in order to avoid excessive noise of the lower time frames. We can see that the pair remains bullish despite the pair showing bearish price action on the lower time frames, hence we are only looking for buying opportunities until further notice. With this being said we have managed to spot a buying opportunity due to the following reasons listed below: 1: Trendline breakout 2: Double bottom pattern formation. We are still waiting for two more confluence factors to form before we consider looking for entries. These have been listed below: 1: Key-level breakout which signals a change in market structure from bearish and bullish 2: Entry will be on a retest of key level area.
Long
by NDOBObanks
1
Looking to buy USDJPYOur trade relies on fundamental analysis, and technical analysis only serves as our entry point. Currently, the US is undergoing a process of quantitative tightening. The upcoming FOMC meeting is expected to result in a 25 basis point rate increase. A rate increase of 50 basis points or continued rate hikes would be seen as a hawkish signal. Meanwhile, Japan is maintaining its monetary easing policy, and the new BOJ governor, Ueda, announced in a recent speech that they plan to slowly continue their yield curve control to support a healthy economy. This has led us to take a long-term dovish stance on the JPY. Shifting our focus to the technical analysis, We are currently awaiting a retracement to the 61% Fibonacci level. However, we should remain vigilant as there is a possibility that the price may reject the 134.78 level. We are also waiting to retest the trend line and the demand zone.
Long
by keechi
Joe Gun2Head Trade - USDJPY Stalling as 5th wave completes?Trade Idea: Selling USDJPY Reasoning: USDJPY Stalling as 5th wave completes? Entry Level: 136.725 Take Profit Level: 135.36 Stop Loss: 137.05 Risk/Reward: 3.5:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Short
by Signal_Centre
Joe Gun2Head Trade - USDJPY break out yesterday?Trade Idea : Buying USDJPY Reasoning: Closing break above 134.65 on daily Entry Level: 134.70 Take Profit Level: 136.72 Stop Loss: 133.91 Risk/Reward: 2.48:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Short
by Signal_Centre
Dollar-yen, dailyThe picture on the chart of USDJPY is less negative in February so far compared to last quarter although this symbol’s reaction to the latest job report was significantly weaker compared to gold. Speculation on the new leadership of the Bank of Japan from April increased earlier this month, with news being reported yesterday that Kazuo Ueda is likely to be nominated as the next governor. Dr Ueda might be less dovish than the ‘default’ candidate, Masayoshi Amaniya, but this probably wouldn’t translate into a very clear change in policy by the Bank of Japan in the near future. With dollar-yen having moved back above the 50 SMA from Bands and intraday sellers being overpowered last week, the 100 SMA slightly above ¥136 could be the next important resistance. To the downside, a move below ¥127 is unfavourable with that area having been a support since the second quarter of last year. As above, waiting for the actual figure for inflation and trading based on the direction of the main reaction to it would usually be preferred to trying to find a position immediately.
by Exness_Official
USDJPY - Bullish Impulse - Minor CUSDJPY is preparing to shoot on the up-side, with a Bullish Impulse, ahead of the FOMC (FED). Expected swing: Minor C (white), of Intermediate (B) (red) completion. A spike in the Dollar would be expected on the FOMC Press Conference. USDJPY Tech. Analysis: * Elliott Wave: Intermediate (A) (red) complete * Fibonacci Extension Confluence (Minors A-B-C (red)) * Minor B (white) Double Bottom * Harmonic Pattern: Bullish Cypher * Bullish Divergence * 88.6% Fibonacci Retracement USDJPY Trading Signal: * Entry @ 134.150 * SL @ 131.00 & 126.000 * TP1 @ 145.00 * TP2 @ 149.855 * Buy Stop Level @ 138.00 * Aggressive Entry @ Market Price * Conservative Entry @ 133.10 *Safety Measure: when in the green, moving SL to BE. Many pips ahead! Richard, the Wave Jedi.
Long
by Lionheart-EWA
12
Joe Gun2Head Trade - USDJPY into short term resistanceTrade Idea: Sellinh USDJPY Reasoning: Into short term resistance. Entry Level: 134.36 Take Profit Level: 129.80 Stop Loss: 136.08 Risk/Reward: 2.64:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Short
by Signal_Centre
1
DXY Daily TA Cautiously BearishDXYUSD daily guidance is cautiously bearish. Recommended ratio: 10% DXY, 90% Cash. * DEATH CROSS WATCH . Final US Q3 GDP estimate was +3.2%, compared to a decline of -0.6% in Q2 , and was primarily led by upward revisions to exports, nonresidential fixed investments (IP and equipment) and consumer spending. The latest GDPNow US Q4 GDP estimate was 3.7% on 10/23 , with the next estimate due on 01/03/23. Russia announced a ban of oil sales to any countries or companies abiding by the $60 price-cap imposed by the G-7 (+ Australia) . North Korea sent 5 reconnaissance drones into South Korea and SK failed to hit any of them in their defensive counter-assault . Bank of Japan's Governor Kuroda expressed that the latest BOJ move to allow their 10-year bond yield to rise to 0.5% from 0.25% shouldn't be viewed as an "exit" from their ultra-loose monetary policy and that they maintain a 2% inflation target , although investors are now betting on a higher likelihood of a departure from negative interest rates come next April when Kuroda's second 5-year term comes to end. The Treasury General Account and Reverse Repos seemed to have found a short-term floor and are expected to continue rising, which poses a threat to the Fed balance sheet but a bullish catalyst for US Treasurys, and lesser so for DXY. A continually rising Fed funds rate which is expected to top out at 5.1%-5.2% at the moment also acts as a bearish catalyst for Risk-On markets and bullish for US Treasurys, and lesser so to DXY. A main reason why DXY has been going down recently is due to a bounce in EURUSD, JPYUSD and GBPUSD; along with inflation coming down and a terminal Fed funds rate being anticipated in 2023. Energy, US Equity Futures, DXY, Short-Term US Treasurys, VIX, HSI, N100, EURUSD, JPYUSD, GBPUSD and CNYUSD are up. US Equities, Cryptos, Long-Term US Treasurys, Metals, Agriculture and NI225 are down. Key Upcoming Dates: Next GDPNow US Q4 GDP Estimate 01/03; S&P Global Manufacturing PMI at 945am EST 01/03; FOMC Minutes at 2pm EST 01/04; December US Employment Situation at 830am 01/06. * Price is currently trending sideways at ~$104 as it nears a retest of the uptrend line from May 2021 at $103.15 support for the first time since February 2022. The 50MA is currently trending down at $107 as it approaches a seemingly inevitable Death Cross if it is to cross below the 200MA at $106. Parabolic SAR flips bearish at $103.85, this margin is bearish at the moment. RSI continues to trend sideways as it tests 39.43 resistance for the ninth consecutive session. Stochastic remains bearish but is on the verge of crossing over bullish just below 86.26 resistance. MACD remains bullish and is currently testing -0.832 resistance with no sign of peak formation at the moment. ADX continues to trend sideways at ~31 for the tenth consecutive session as Price continues to trend in a tight range for the same amount of time as it forms a Symmetrical Triangle, this is neutral at the moment. If Price is able to breakout here then it will likely retest the 200MA at ~$108 as resistance . However, if Price breaks down here, it will likely retest the uptrend line from May 2021 at $103.15 support . Mental Stop Loss: (one close above) $105.
TVC:DXY
by dailytaguy
Joe Gun2Head Trade - USDJPY heading lower?Trade Idea: Selling USDJPY Reasoning: Head and shoulders retest Entry Level: 136.35 Take Profit Level: 134.80 Stop Loss: 136.925 Risk/Reward: 2.71:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Short
by Signal_Centre
1
USDJPY - Selling ralliesUSDJPY - Intraday - We look to Sell at 138.16 (stop at 139.16) The rally was sold and the dip bought resulting in mild net losses yesterday. The medium term bias is neutral. Bespoke resistance is located at 138.16. A Fibonacci confluence area is located at 143.82. Although the anticipated move lower is corrective, it does offer ample risk/reward today. Our profit targets will be 135.10 and 133.60 Resistance: 138.16 / 139.91 / 141.63 Support: 135.10 / 133.60 / 130.18 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
Short
by VantageMarkets
1