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Japan

MAJOR update on USD/JPYMacroeconomic side The price in the last sessions is continuing to maintain this lateral / bullish trend without giving too many signs of inversion, supported by a recovering dollar. This week will be essential to understand the short-term trend that will follow both the dollar and the yen: in fact, tomorrow the Fed chairman will make a conference, from which investors expect him to keep his very short-term decision unchanged (do not force the market and the US economy with further monetary restrictions). On the other hand, on Thursday, the Japanese GDP data will be published, expected positive and clearly improved compared to previous ones: this should strengthen the Japanese currency against the other majors. The technical side Technically there is a very strong resistance area between 110.70 and 110.90: the main EMAs (daily, weekly and monthly time frames) pass in here and the 110.90 should not be violated on the upside due to the macro-economic factors just mentioned. If this happens it is because the short-term trend has become long and the target area will become the one between 113 and 115 Join us for further analysis on: Instagram : www.instagram.com Telegram: t.me Facebook Page: www.facebook.com Web: www.bfcminvest.com
Short
by BFCMInvest
USDJPY Chances are chancesUSDJPY looks nice to risk some money on, even for a sell and hold. The JPY is range bound and consolidating in an environment of mild risk aversion, with a Tuesday’s session unchanged versus the dollar, of course, waiting for Wednesday's FED decision and the upcoming round of US and China trade talks. The pair is currently >1.53% Bearish. Learn how to beat the market as Professional Trader with an ex-insider! Be part of an Elite Trading Group or get The Best Advice through our New Daily Market Perspective. Have a Nice Trading Week! Cream Live Trading, Best Regards!
by wildcreamlife
2
EUR/JPY Long Open Position. Heres how I currently sit on EUR/JPY. Again following what I had outlined on the weekend across the higher time frames, the hourly formed enough confluences for me execute a long trade...targeting a 75 pip upside target with a risk:reward of 1:3. 125.000 acts as key hourly resistance on this pair so it is important that we break and close above this level for me to continue supporting a long bias. During the Draghi talks we had a perfect pullback and retest of 124.800 which I had highlighted as a key zone for multiple reasons...not to be mentioned (some secrets must remain secrets.) I now believe we have fulfilled plenty of long orders and the momentum is there for us to stretch higher. Unfortunately I did not obtain my best, preferred entry but this will do. Win or Loose I really don't mind..don't get emotionally attached to your trades, you'll be led down a deep, dark route.
Long
by NickLindleyFx
Possible Short Position CHF/JPYSELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1-2 Days Actions on - A – Activating Event Currency Pair creating a Double Top . B – Beliefs Market will be rejected at @111.600 level and move towards the first Target 1 level @ 110.150 FX:CHFJPY Trade Management Entered @ Still waiting for confirmation. Stop Loss @ Still waiting for confirmation. Target 1 @110.150 Risk/Reward @ 2:4 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
S&P Japan 500 correction almost completeThis is my amateur perspective after looking at the chart for 10 minutes and drawing colourful lines all over the place. Summary: Go long - but not quite yet. We are in the wave 4 of (5) correction that will continue for a drop of 7 - 11% before recovering to form sub-wave 5 of (5) up (I am picking a buy zone between 1460 and 1440). Short-term targets will become clearer once sub-wave 1 of the final move up is formed. A conservative target - once the small decline is over - is 20% up from todays closing price (1880+). Not being experienced at time analysis - so I would guess this would complete in around 8 to 10 months. Happy tradng. Do your own research. I am not a professional and this is published so that I can 1. keep track of the market easily and 2. to further my own education. Let's see if I am on the mark or way off. This is 100% TA and no fundamental analysis has been undertaken. P.S. Japan is awesome
SLong
by flyinkiwi10
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