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Japan

GBP/JPY... What is going on??!!The Pound against the Yen has been short for roughly around the beginning of November and puts pressure for the yen over the new year. From research, this pair may continue to go down, and here is why. Firstly, the Nikkei 225 has significantly dropped by 17.53% from the 2nd of October to the 28th of December. Reasoning behind this is due to other variables affecting the yen such as the US and China trade war which gives concerning to what Japan may have to face when they trade with the United States on new policies. Especially since Japan is the 4th largest trading partner with the United States, rallying up on $204.1 Billion in 2017. Britain on the other hand is more focused on Brexit, for those who do not know, Britain is wanting to leave the EU for more tougher immigration laws in order to strengthen the safety of the citizens from terrorism. There are many other reasons but this is the main highlight of why. Some people in Britain do not agree with some of the new policies and laws that the government is trying to put in place, including trade. Confident votes have been used in the government but Theresa May (current prime minister) still has passed in the votes. Overall, both countries are in the downside at the current moment and we will have to see what 2019 awaits for us all but this evidentially results in a short sell position for short and long term. Happy New Year everyone!
Short
by bailey707
Japanese Equities look vulnerable again for early 2019=> Japan is in a party of its own with inflation flopping for the millionth time again this year. This was not enough to keep equities afloat and here the risk of returning to 19,222 is significant. => Tracking 21,240 - 20,975 like a hawk. Breaking below these levels will imply that we are continuing the downtrend since September. => Taking these lows will open up an additional -9% to the downside which will be extremely tradable for the first Quarter of 2019 and beyond if the dark clouds keep coming. => Best of luck to those in Japan and Japanese Equities
TVC:NI225Short
by ridethepig
Possible Short Position SGD/JPYSELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1 Day Actions on - A – Activating Event Currency Pair creating a Double Top . B – Beliefs Market will be rejected at @82.37 level and move towards the first Target 1 level @ 82.00 level. FOREXCOM:SGDJPY Trade Management Entered @ Still waiting for confirmation. Stop Loss @ Still waiting for confirmation. Target 1 @82.00 Risk/Reward @ 2:1 Happy trading. Will let you know closer to the time if or when executed:) Follow your Trading plan, remain disciplined and keep learning !! Please Follow, Like,Comment & Follow Thank you for your support :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Short
by SMPTrader
USDJPY Warming up for a stop run and then DUMPThe Samurai are planning a surprise attack on Dixie. So we have: - A few highs resting just below a significant breaker (or just plain broken support that should now be resistance), creating a liquidity pool just above them (everyone who went short around this level now probably has their stops above that high. - Void left by the inefficient move down - Confluence with DXY since it broke some lows recently, making it more bearish. - The breaker I outlined above falls right on the .705 fib retracement for this whole move. This makes it a perfect candidate for a short play once it reaches that .705 level. I can see two targets here with decent R/R ratios, marked on the chart.
Short
by UnknownUnicorn3664665
Nikkei 225 set for Long moveIts been a while since I published. Ive been checking Nikkei 225 for a while. The market has moved to a long standing Bull Trend line, where its developed Bull reversal this trading week over the last two days. With Asia session about to begin, watch for strong continuation. Yall know how JPY react. Very solid movers once a move is in play. This current level is perfect to catch the wave, with previous High being high probability TP. Price Action Pmlani thePeoplesTrader
TVC:NI225Long
by PriceActionPmlani
Japanese stocks beginning to moveToday’s session saw the Nikkei close above 23,000 for the first time since the January sell-off. The chart below shows the Nikkei well positioned for a rally. Note: a) 3 higher lows b) the index on the right side of a long-term uptrend, and c) the first close higher above a 7 month resistance (the break). This specific setup offers a good risk-reward: Entry now at 23,100 with a stop-price at 22,000 -last swing higher- for just a 5% risk. Data based on Japan's Ministry of Finance data, and compiled by CLSA, shows the profitability of corporate Japan surging to its highest level since comparable data started being compiled in 1954. Growing data shows that Japan — in the face of a permanently bearish view of Japan’s demographics, high public debt and historically weak corporate governance — is midway through a historic turnaround in productivity and corporate return on equity. That view, said Morgan Stanley in a report published this week “puts us strongly against the consensus opinion that Japan should remain a structural underweight in global equity portfolios”.
TVC:NI225Long
by MVedra
USDJPY SHOWING STRONG SHORT-TERM UPWARDS PATTERN.Take a look this highly interesting bullish pattern . Almost all critical indicators are showing a bullish pattern . RSI (14) Value = 59.9 <---- Buy Signal STOCHRSI(14) Value = 84.4 <--- Buy Signal (Though overbought) CCI (14) Value = 116.45 <--- Buy Signal Oscillator Value = 56.4 <--- Buy Signal Roc Value 0.09 <--- Buy Signal Bull/Bear Power(13) Value = 0.1 <-- Buy signal Only one indicator I have looked at is showing that USDJPY is neutral, which is a HUGE sign, minimal risk in this chart. ( MACD value = 0.060 , Neutral, but slightly more a buy than sell signal.) Have a great day and follow me for daily analyses!
by Ticcr
Let's keep an eye on the japanese economy :)If no giant sea monster invades the land, their stock market has a shot at going back to ath. Right now we are fighting this very important - actually much more important than ath - resistance, but we can see there is bearish divergence on the monthly chart. And there are many reasons as to why we do not go up. A correction is necessary and I think will happen in the next few months. But after this has happened, when for example the US economy collapses and investors pull their money out and want to put it elsewhere, it is possible they send it over to Japan. If I were to invest in the next year(s) this is what I would do. Pick solid companies there and let's goooooo! Buy early in the market cycle thing. I wonder how dividends are? So many people love pokemon giant robots and lizards, anime etc, Japanese foods but no one loves the Japan stocks. How much investors put into jp stock should be proportional to how much they take of the culture? If USA is 100 culture and 50 stock, and Japan is 50 culture, it should be 25 stock right? They are certainly not as undervalued as below 10.000 points at the extreme of the selling, but once that level is beaten in a few months, very quick growth is possible. The thrill euphoria phases go fast. Just get in early but not too early in other words, unless you want to wait 15 years. I think I will take a look in a couple of months. This will take a long time for sure.
TVC:NI225
by MrRenev
1
USDJPY. Update of November chart. Target 118.60-125.00Back in November 2017 I posted the idea titled "USDJPY. Possible wave count. SeeSaw" (see related). The price was shaping the junction of wave B of ABC correction, which still emerges in this pair. Last update was done this February where I showed the possible area of wave B completion around 104.25. The price reached 104.60 area and reversed. I post this update as price broke out of the downtrend wave B around 112 level and now we can see how wave C emerges. It could be fast as it should be for wave C. Now you can check the power of the trends as I added white uptrend to show you where wave C could hit being equal to wave A. It was marked as target 2 at the 125 level - amazing gain it could bring us. This level corresponds with a multi-year top. Before that there is a target 1 at the 118.60 level as here is a former top of wave A, which could be a strong barrier for the up move. Invalidation is below 108.10
Long
by aibek
USDJPY Rejecting triangle break to New HighsUSDJPY Rejecting triangle break to New Highs The bullish divergence of the relative strength index (RSI), as seen in the hourly chart, indicates the pair could take out falling wedge resistance in the next couple of hours. Falling wedge bull reversal, if confirmed, would allow a stronger rally toward 111.13 (50-hour moving average). The bulls need progress soon as the pair is already trading below the all-important 50-day moving average of 110.88. A daily close below that level would confirm a bull-to-bear trend change, that is, the rally from the March low of 104.63 has ended. Spot Rate: 110.81 Daily High: 111.00 Daily Low: 110.71 Trend: Bullish above 110.87 (wedge resistance) Resistance R1: 110.87 (top end of the wedge) R2: 111.13 (50-hour moving average) R3: 111.30 (10-day moving average)
Long
by hilofibo
USDJPY- yen broke a key level - Now testing a 4 Month Trendline. - 4 Month Trendline has been tested twice in the past and bounced off, maybe bounce number 3? - I will be happy to allocate long/short, off these levels. Somethings of note: -the BOJ uses JGB's Targeting in its monetary policy. My theory is that when you see out-sized moves in JGB's, its indicative of a change in monetary stance. Hence what affects currency affects bonds and vice versa. - I also find the relationship of DXY and USDJPY interesting. This has been occurring since March. One would normally associate USDJPY weakness as you see DXY Strength.
by cgd