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Forex-usdjpy

USD/JPY recovers above 150.00Hello dear friends, Today once again USDJPY has reached the mark of 150.000, at the time of writing the article, the price is still steadily increasing to 150.42 and has risen by 0.93% in a day. Perhaps this is what we are most concerned about right now, whether USDJPY can maintain this level or will it turn around and decrease like before. In monetary policy decisions, the BoJ kept interest rates unchanged at a negative 0.1% as expected by market participants, and this is a favorable condition for the USDJPY pair. The Japanese economy is trying to maintain inflation above 2% consistently, but the main pressure on prices comes from external factors. The BoJ is concerned with maintaining inflation at the target of 2% comfortably through higher wage growth, and continuing with an expansionary policy stance is crucial.
by Karina_Bella
2
USDJPY: Conquer the peak 150,000 !Hello dear friends, Let's review the USUJPY transactions from last week and discuss new strategies for the future! As we have long anticipated, UJ has reached the target of 150.00 at the end of last week, reaching a yearly high. However, as the trading week concluded, the price slightly declined and is currently resting at the level of 149.59. Nevertheless, we shouldn't be overly concerned about this price decline as it could be a corrective trend after breaking through a strong psychological resistance level. The price is likely to recover soon. Another confirmation for this belief is that after the Bollinger bands contracted within the previous week, they are now expanding and the UJ price has reached the lower limit of the Bollinger bands. Therefore, it is highly probable that after testing the support level at 149.300, this pair will have even stronger upward momentum. Do you agree with this analysis? Please leave your thoughts in the comments section below. Thank you very much!
by Karina_Bella
USD/JPY trades with mild positive bias blow 150.00Hello dear friends, It's great to see you again in this new week's conversation! Today, the USD/JPY pair attracted some buying activity on the first day of the new week and seems to have halted its retreat from the 150.75-150.80 area, the highest level since October 2022, touched last week. However, Karina still holds a bullish view and the pair is currently trading around the 149.70-149.75 region, up slightly by less than 0.10% on the day as traders await important central bank meetings before placing new bets. In this regard, the Bank of Japan (BoJ) is expected to announce its decision on Tuesday amid increasing speculation about potential changes in yield curve control (YCC) policies. However, the Bank of Japan is unlikely to escape from its negative interest rate policy. This marks a significant divergence from other major central banks, including the Federal Reserve, along with a positive risk tone, which is seen as weakening the safe-haven Japanese Yen (JPY) and turning out to be a key driver for the USD/JPY pair.
by Karina_Bella
5
USDJPY: What is the next challenge?Hello dear friends! So after weeks of anticipation, USDJPY has finally reached the desired resistance level of 150.00. As mentioned in Karina's previous analysis, even though UJ has been trading sideways, it doesn't necessarily mean that this currency pair will decrease, and there are no signs indicating a reversal. The question is how long it will take for this pair to reach the 150.00 mark. Regarding today's UJ price: After surpassing the yearly high of 150.000, USDJPY needs time to solidify this upward momentum. The price is currently moving sideways around the 150.221 area and may retest the previous breakout zone to officially confirm this strong price increase. If you find this article helpful and informative, please leave a comment for Karina!
by Karina_Bella
5
USDJPY: The price is still silent when approaching the 150.00 arHello dear friends! Today we are still facing the question: "Can USDJPY reach and surpass the resistance level of 150.00?" It can be seen that since the last time it broke through the resistance level of 149.000, USDJPY has maintained its strong upward momentum. Although it has not yet broken through the 150.00 resistance level, the price is still holding well and there is no sign of a reversal in the trend of this currency pair, thereby affirming the buying position of investors. In terms of the chart, a downward correction may still occur when UJ reaches the resistance level of analysis. However, as long as this currency pair maintains a good price above 149.000, the upward momentum will continue to develop. The issue at hand for us now is only a matter of time. What about you? Do you agree with Karina's opinion?
by Karina_Bella
1
Bearish Way to GO...From our yesterday's analysis, we saw a possiblity of this pair going Bearish on the 1 hour chart, while still looking overwhelmingly Bullish on the 4 hour. Today, looking at the 4 hour chart, we can see that there is a change in direction. The pair now has a Bearish perspective on the 4 hour chart. Price has retraced bullish into our Panzy Pips Block (PB), from where we expect Bearish reversal. We are open to the possibility of price reaching further up for our zone as marked out on the chart. With price expected to dip lower, we have our eyes and early trade setup focused at the 4 hour
Short
by PanzyPips
USDJPY is not enough to pass the resistance of 150,000Hello traders! The increase in USDJPY's increasing motivation continues to be weakened when this pair of money has not overcome the 150,000 resistance. Instead, from the slight decline of this pair of money on the 4 -hour time frame. Although signs of decline are not there, this psychological resistance seems to be a big obstacle for investors to buy. No except the possibility if USDJPY continues to decrease slightly to the supporting area of 149.00 before the increase is strengthened
Short
by Nolan_Signal
Update USDJPY on the last day of the transactionHello traders! Yesterday, there was a moment when USDJPY almost reached the 150.000 level, but luck has yet to smile upon this currency pair. Nevertheless, we can see that despite not being able to achieve the 150.000 target this week, UJ has maintained a good price increase and stable trading at high levels. At the time of writing, USDJPY is operating at 149.868 and has increased by 0.06% for the day. Nolan still believes that the 150.000 target is the perfect goal for UJ at this time. Expanding the upward movement beyond that level would not be an impossible task.
Long
by Nolan_Signal
1
USD JPY: Continuing efforts to raise pricesHello dear friends! It can be seen that in the past few days, the expectation for USDJPY to surpass the 150.000 level has not been realized yet. The trading and movement trend of USDJPY seems to have become quieter when faced with this strong resistance level. This is clearly reflected on the chart as the Bollinger Band is gradually narrowing, indicating that the price is likely to move sideways within a narrow range of 149.41 - 149.90 in the near future. However, Karina still maintains her view that USDJPY will have the potential to break through the 150.00 resistance and continue to develop. What about you? Do you agree with this viewpoint?
Long
by Karina_Bella
5
USD/JPY remains capped below the 150.00 markThe USD/JPY pair is still limited to a narrow range of about 149.75 during the first trading hours in Asia on Wednesday. The yield of US Treasury bonds has strengthened the main pair of money. At a level of 150.00, investors still prevent the possibility that the Japanese government intervenes. However, the greener has attracted some buyers thanks to the optimistic US data on Tuesday, but the impact exists only in a short time. In addition, US industrial production increased by 0.3% compared to the previous month, stronger than expected. Finally, the capacity used increased to 79.7, better than estimated. Meanwhile, the higher interest rate of US Treasury bonds can limit the discount of USD and act as a support factor for USD/JPY pair.
by Nolan_Signal
TradePlus-Fx|GBPUSD: power of dollar💬 Description: The dollar began to gain strength again amid yesterday's US inflation data. Currency pairs reacted the most, and metals only began to catch up a little later. Metals are most likely still supported by demand against the backdrop of geopolitical tensions, where, by the way, the dollar also has weight, since US bonds are bought for dollars. We recently looked at a potential reversal at the 1.22716 level. This area is indicated on the graph. This is exactly what is happening now. Sales priority will be canceled only if the price closes again above the specified level. In the very near future, the level 1.21166 will most likely be reached, after which as soon as the price falls below this level, we can expect a rapid fall to 1.18730. 🔔 FX CALENDAR TODAY 🔔 🇨🇭PPI 🇬🇧BoE Gov Bailey Speaks 🇪🇺ECB President Lagarde Speaks 🇺🇸Michigan Consumer Sentiment 🇺🇸Michigan Consumer Expectations 🛢US Baker Hughes Total Rig Count 🌎IMF Meetings ➖➖➖➖➖➖➖ 🚀Thank for your BOOSTS 🚀 👇Share your views and FOLLOW US 👇
Short
by TradePlus-Fx
14
USD JPY continues to return to the journey to increase pricesHello traders! Last week, USDJPY slipped away from its upward trend and started moving sideways. However, there is still no significant threat to the price increase of USDJPY that could cause a reversal. This is evident as the currency pair has begun to recover, currently trading at 149.445 and gradually approaching a strong resistance level at 150.000. It is expected to be a significant breakthrough if UJ can surpass this resistance level.
by Nolan_Signal
Chf/Jpy Counter-TrendTrade Idea for CHF/JPY Bias: Counter-Trend While the underlying fundamentals may favor a bullish move for CHF/JPY, there are compelling reasons to consider a counter-trend trade: Bank of Japan's (BoJ) History with USD/JPY: The USD/JPY is inching closer to the significant 150 level. Notably, in the past, when the pair approached this level, the BoJ stepped in to intervene in the forex market. Should history repeat itself, this intervention could create ripples across JPY pairs, including CHF/JPY. Market's Anticipation of FED Moves: The market chatter is starting to buzz about potential rate cuts by the Federal Reserve in 2024. Any significant shift in interest rate expectations can induce forex market volatility, potentially benefiting our counter-trend perspective on CHF/JPY. Conclusion: While going against the grain of fundamentals might seem risky, the potential BoJ intervention combined with changing rate expectations from the FED presents an intriguing counter-trend opportunity for CHF/JPY.
Short
by Elite_Forex
USDJPY is about to reach a peak of 150,000Hello dear friends, as predicted yesterday by Karina, USDJPY has continued to rise in price and is currently fluctuating around the 149.779 level. Currently, this currency pair is gradually approaching the high area of 150.00 after receiving strong support from the 137.302 support level. By using Fibonacci extensions, breaking through the 150.00 level will further fuel the upward momentum for USDJPY. And you , How do you think ?
Long
by Karina_Bella
8
Strifor || USDCAD-10/13/2023Preferred direction: BUY Comment: The US dollar strengthened against the general background and against the Canadian. Now the price is at the level of 1.36545, which most likely foreshadows further strengthening of the buyer. It is excellent to take a long position from this level; one can comfortably place a stop under the level and, in case of a stop loss, try to calmly re-enter. The target of growth is updating local max. Thank you for like and share your views!
Long
by Strifor
7
USDJPY is not enough to promote 150.00Hello! On today's analysis chart, we can see that the upward trend of USDJPY has been broken out at the price level of 149.15. USDJPY has failed to reach the expected level of 150.00 as the downward trend is forming, and the price is currently trading at 148.67. Regarding predictions, there is a possibility that the previous important level of 147.80 will be retested before any new developments from the market are updated and clarify the direction of this currency pair. Alongside that, the target price of 150.00 is still highly regarded by Karina. What do you think about the market today?
by Karina_Bella
14
USD/JPY moves upward towards 149.00Hello dear friends, Currently, USDJPY is continuing to strengthen its price levels after several days of sideways trading within a narrow range of 149.42 - 148.32. However, in the long-term perspective, USDJPY may still continue to rise as this currency pair is receiving recovery due to the positive risk sentiment amid the conflict in the Middle East. The resistance level at 150.00 is still considered a high target for the upcoming price increase. Breaking above the 150.00 level will pave the way for further development in USDJPY towards higher levels.
by Karina_Bella
10
USD JPY: Target 150.00Dear beloved friends, What do you think, will USD JPY rise or fall today? From observing the 1-hour chart, as predicted by Karina UJ yesterday, it has increased as expected with today's price fluctuating within the range of 149.13. However, this currency pair has not yet broken through the nearest resistance zone at 149.43. On the other hand, the Bollinger Band is still functioning steadily and no abnormal signs have appeared. In larger time frames such as 4H and 1D, the upward trend is still active. Therefore, Karina continues to set her target at 150.00 with UJ finding support at 149.0 and surpassing the current resistance.
Long
by Karina_Bella
1