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Japaneseyen

InvestMate|EUR/JPY Continued Increases💶💴💶💴EUR/JPY Continued Increases 💶💴That's how I perfectly predicted the support zone and future trend direction in the last post: 💶💴Yes and this time I come to you with an update of my perspective. 💶💴The direction remains unchanged. 💶💴Today's upward movement was fuelled by another 50-point interest rate hike in the Eurozone. 💶💴Ahead of us there is a strong resistance zone defined by a cluster of two levels. The first level is 1.272 of the last downward wave from the peak. The second is the 2014 peak. 💶💴There is a support zone below us. 💶💴Looking at the MACD and RSI, I have no doubts about the continuation of the movement. 💶💴We are above the 50 and 200 moving average. 💶💴The scenario I am playing out is a continuation of the upside to the vicinity of the resistance zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
1
USDJPY: Bearish Continuation 🇺🇸🇯🇵 Hey traders, USDJPY broke and closed below a key daily structure support 2 weeks ago. The broken structure turned into resistance and was respecting 2 times in a row already. The double top formation confirms the strength of the underlined zone. I believe that the pair will drop soon to 134.33 / 133.0 levels. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Short
by VasilyTrader
6
AUDJPY: 2 Scenarios Explained 🇦🇺🇯🇵 Very peculiar situation on AUDJPY. The market is trading within a falling parallel channel on a daily and approaching its resistance at the moment. Depending on the reaction of the price to that, I see 2 potential scenarios. Bullish If the price breaks and closes above the resistance of the channel, it may initiate a bullish continuation. Goals will be 93.7 / 94.5 Bearish The market may also drop from the vertical resistance. To short with a confirmation, watch a bearish flag pattern on a 4H. Its bearish breakout will trigger a bearish continuation to 91.9 / 91.6 Wait for a breakout and follow the market then. What do you expect? ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Short
by VasilyTrader
2
EURJPY: Very Bullish Pattern 🇪🇺🇯🇵 Hey traders, EURJPY is trading in a long-term bullish trend. The market set a new higher high in October and started a correctional movement then. The price formed a bullish flag pattern and established a minor bearish trend within. Since last week, the pair started to grow. Bulls managed to violate the resistance of the flag. It may trigger a trend-following movement. Next goals: 146.0 / 147.0 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Long
by VasilyTrader
8
USDJPY Still downward channel but bullish signal emergedThe pattern on the USDJPY pair is a Channel Down since the trend reversed on October 21st. As long as the price stays inside this Channel, the trend will remain bearish with each lower Fibonacci level a potential target. The MACD though has pushed the first major buy signal of this downtrend as it made a bullish cross last Friday. As a consequence, if USDJPY breaks above the Channel Down, we will most likely see a (counter?) rebound to the 1D MA100 (green) and 1D MA50 (blue). This will be the most important test to see if this new bearish trend will be sustained. Break above will invalidate it, rejection will confirm it. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ## ## Also DONATIONS through TradingView coins help our cause of increasing the daily ideas put here for free and reach out more traders like you. ##
by InvestingScope
💱USD/JPY Chance For A Correction💱USD/JPY Chance For A Correction 💱Following my last analysis in which I brilliantly predicted declines to a support zone: 💱This time it is time to try to attack the upward correction. 💱In my opinion, there is a high probability of the price reaching the area around 140 where there is a cluster of two fibo levels. The first level is 1.618 of the entire current downward wave. The second level is 0.236 of the upward wave from the 2016 bottom to the 2022 peak. 💱The support zone is set around the last bottom of the current downward wave. 💱 As can be seen, the MACD histogram also indicates a higher probability of the continuation of the upward trend. 💱RSI is also positioned at the 50 zone, testifying to the key decision point where the price is located. 💱The scenario I'm playing out is an attempt to attack the most significant resistance zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 💱*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
8
USDJPY: Your Trading Plan 🇺🇸🇯🇵 USDJPY is approaching a horizontal daily supply area. To short the market with a confirmation, watch a head & shoulders pattern on 4H. 135.95 - 136.35 is its horizontal neckline. Wait for its bearish breakout - 4h candle close below, then, sell aggressively or on a retest. Target will be 134.28 If the price sets a new high, the setup will be invalid. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Short
by VasilyTrader
6
InvestMate|NZD/JPY Don't Miss This Opportunity📈📈NZD/JPY Don't Miss This Opportunity 📈Post is a direct continuation of my previous post in which I announced the increases: 📈Nothing has changed since then I still expect rises. 📈Only the last week has increasingly started to confirm the realisation of my scenario hence my update. 📈All zones are described in the previous post. 📈The scenario I am playing out is a continuation of the upside towards new highs with a stop at the resistance zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 📈*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
2
cadjpy, longAs you can see in the chart, due to the weakness in the decline and the reaction to the support level, I expect an upward correction first, and then I will update the analysis if there is a reaction to the resistance level. Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
Long
by Hamiratrading
GBP/JPY rises on the horizon💷💴💷💴GBP/JPY rises on the horizon 💷💴The same as for EUR/JPY 💷💴It looks like the Pound will follow the Euro's path and also start a journey northwards. 💷💴All thanks to the defence of the support zone and a strong reaction towards the north. 💷💴The support zone was determined by the fibo level of 0.618 of the entire downward wave from the 2015 peak to the covid bottom 💷💴There are two resistance zones ahead. 💷💴The first based on the 0.382 level of the entire downward wave from the 2007 peak to the 2011 bottom. The second based on the 0.786 level of the same wave as the support zone. 💷💴The scenario I'm playing out is a continuation of growth, not excluding a reaction at the first resistance zone with a target at new peaks. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 💷💴*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
8
InvestMate|EUR/JPY Change of plans💶💴💶💴EUR/JPY Change of plans 💶💴The market behaved exactly as I wrote in the previous post: 💶💴As you can see on the chart we have bounced off a strong support zone defined by a cluster of two levels. The first is the level of the 0.618 wave from the 2008 peak to the 2012 bottom and the second level is the 0.786 wave from the 2014 peak to the 2016 bottom. 💶💴And currently after the last few days I don't see how after such a strong move there is any talk of going lower in the next few weeks. 💶💴Ahead of us at the new peaks is a strong resistance zone defined on the basis of 3 levels. The first is the level of the last peak of 2014. The second is the outer fibo level of 1.618 of the entire downward wave from the 2018 peak to the 2020 bottom. The third level is 0.236 of the entire upward wave from the 2000 bottom to the 2008 peak. 💶💴The scenario that I am playing out is a continuation of the increases until new peaks are made. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 💶💴*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
7
CADJPY: Bearish Bias Remains🇨🇦🇯🇵 CADJPY is unstoppable. The pair broke multiple key levels and closed below a major demand cluster on a weekly. Now, the market looks quite oversold, though. I think that the next bearish move will initiate from 101.4 - 103.55 area. It is a potential reversal zone. Goals will be 2 rising trend lines that I spotted on a weekly. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Short
by VasilyTrader
2
USDJPY The only chart you'll need for the next 10 years!This is the USDJPY pair on the 1M chart. The October rejection and subsequent deep red November may have come as a surprise to many but not if they've had been paying attention to this multi-decade chart that clearly shows the rejection was on a major, historic Resistance cluster. Before we begin, note that the October mega rejection was something we called for and clearly showed on our October 15 analysis, even on the short-term: Back to the multi-decade chart, as you see, this cheat-sheet shows all of USDJPY's major pressure points/ zones through the years that act either as Resistance or Support levels depending on the trend. With regards to October's rejection, we clearly see that this was made on a Lower Highs trend-line that was holding since December 1975, while the 1M RSI hit the top of a Channel Up that started after the October 1978 Low! On a large multi-year scale, there couldn't have been a better sell signal than that on USDJPY. As for the targets? The next pressure level in line is the 120.500 Pivot, where the price can make contact with the 1M MA50 (blue trend-line). A full-year rebound or consolidation after achieving that long-term target, can finally push for a test of the Upper Support Zone that is basically supporting USDJPY since January 2014. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
USD/JPY: SELL Forecast Idea with Daily Market Analysis - READContrarily to EUR/USD, the USD/JPY is inside a strong bearish rally where the price in the last sessions dropped very strongly without any pattern of accumulation or retracement. Our forecast is about a continuation of this tendency. The release of the US news today will be crucial to the realization of our Idea because in today's European session, attention will shift back to the U.S. and the November jobs report. Given Powell's comments on Wednesday and yesterday's PCE and ISM inflation data, one could argue that today's jobs report probably won't matter much. We already know that a 50 bps rate hike is coming in just under two weeks, and the question is what will follow after that. Many questions have been asked about what prompted Powell to change his stance slightly from when he was told at the press conference in November that stock markets were up after the decision was made. This calmer attitude may speak to some concern about the extent of economic weakness in the data we have seen this week, which may contribute to some degree to lower inflation. Nevertheless, despite growing evidence of a slowdown in the manufacturing sector, service sector jobs are still being created and vacancy rates remain high. This week we saw weekly jobless claims fall to 225,000 after a brief jump to 241,000. Non-Farm jobs in October were 261,000 and the September figure was revised upward to 315,000. Slightly more disappointing was that the unemployment rate rose to 3.7% and wage growth slowed to 4.7% from 5%. The report also indicated that while vacancy rates are still high, there is little sign of wage-price growth. Despite the resilience shown by the U.S. labor market, there is growing cause for concern. In the current earnings reporting season, major tech companies are laying off thousands of people. For example, Amazon has announced more than 10,000 job cuts worldwide, and even more, jobs will be created, and Meta recently announced 11,000 job cuts. Twitter, too, has people leaving the company, some of them voluntarily because they don't want to work for new owner Elon Musk. While not all of these job losses are likely to happen in the U.S., it looks like a trend is starting to take shape, although it will probably take some time to filter through the information, given that the vacancy rate is still high. On the other hand, it's important to remember that hiring trends tend to pick up in the run-up to Thanksgiving and Christmas at the expense of temporary employees. November is expected to add 200,000 jobs, up from 261,000 jobs, which would be the lowest this year, as is this week's weak ADP report. At the same time, the unemployment rate is expected to rise to 3.8% due to higher participation rates, while wage growth is projected to remain subdued at 4.6%.
Short
by FOREXN1
16
USD/JPY: Trend reversal. What's next? The Japanese yen was the strongest performing currency this week, rising about 4% against the US dollar, with USD/JPY plunging below 134 to levels not seen since mid-August. Two favourable fundamental developments have fueled the yen's strength: a) Federal Reserve Chair Jerome Powell said that US interest rates might be hiked more slowly starting in December, thus effectively anticipating a 50 basis point raise. On top of that, the latest stream of US data signalled that economic activity is slowing in this quarter pushing speculators to trim expectation for Fed interest rates in 2023. The yield on the US 10-year note dropped by another 15 basis points to 3.52% this week, putting it on course to notch its fourth consecutive week of declines. b) Asahi Noguchi, a Bank of Japan board member, said the central bank might "pre-emptively" withdraw monetary stimulus if trend inflation surpasses 2% for a long time. Technically, we have also observed pivotal signals that may portend the end of the dominant bullish trend and the beginning of a bearish one. Since its October highs (151.95), the pair has now dropped 12%, breaching both the 50 and 200 day moving averages as well as major Fibonacci retracement levels such as 23.6% (142.81) and 38.2% (137.19). The RSI has reached highly oversold levels not seen since March 2020, meaning that the bearish price action was rather violent.  What can we expect from here? A critical support zone is positioned between 130.3 and 132.65. If USD/JPY breaks below 132, it would have retraced 50% of its bullish expansion in 2022, a signal that might confirm the bearish trend reversal. The 130.3 represents the lows from August, which is another technical milestone. The US NFPs from today and the CPI due out on December 13 constitute the bullish risk event for the USD/JPY and might influence the Fed's tone at the FOMC meeting on December 14. Higher-than-expected NFPs or CPI data might rekindle dollar bulls and drive US yields higher on anticipation of a hawkish Fed, resulting in USD/JPY dip buying and a possible retest of 140 levels.
by Capitalcom
💵U.S.Dollar/Japanese Yen 💵Analyze (10/09/2022)!!!U.S.Dollar/Japanese Yen is running in microwave 5 of main wave 3 while main wave 3 is an extended wave. I expect the main wave 3 will be complete at my PRZ(Price Reversal Zone), and then U.S.Dollar/Japanese Yen will go down until the target that I specified. 🔅U.S.Dollar/Japanese Yen Analyze ( USDJPY ) Timeframe 2D⏰ 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 be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
by pejman_zwin
💵U.S.Dollar/Japanese Yen 💵Analyze (12/01/2022)!!!U.S. Dollar/Japanese Yen moved as I expected 👇✅. It seems U.S. Dollar/Japanese Yen is near the end of micro wave 5 of main wave A (on PRZ (Price Reversal Zone)). I expect U.S. Dollar/Japanese Yen will go up at least to the end of micro wave 4 of main wave A. 🔅U.S.Dollar/Japanese Yen Analyze ( USDJPY ) Daily Timeframe⏰. 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 be glad to 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
2
InvestMate|USD/JPY Attention we are falling💱💱USD/JPY Attention we are falling. 💱 Looking at the current move on USD/JPY that we have just made, it is hard not to get the impression that the next wave of declines has just begun. 💱In the first half of the day it might have seemed that we would start an upward correction but very abruptly the market reversed the trend and pointed the direction for the coming days. 💱 This is all due to today's events that took place on the US dollar. 💱Turning to the chart. 💱 Ahead of us, below is a strong support zone defined by a cluster of two strong fibo levels the first is the 0.382 of the entire upward wave from the 2020 bottom to the current 2022 top. The second level is the outer level of the 1.272 of the downward wave from the 2015 top to the 2016 bottom. 💱 In contrast, there is a strong resistance zone defined by a cluster of fibo levels. The first is the outer 1.618 level of the entire downward wave from the 2015 peak to the 2016 bottom. The second is the 0.236 level of the entire downward wave from the start of quotations 1971 to the 2011 bottom. 💱The scenario I am playing out is to break out of the new local lows and continue heading south to reach the support zone. I am aware of the possibility of a correction at any time, this should be taken into account, If the outlook would change I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 💱 *Please do not suggest the path I have drawn with the lines this is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
Short
by InvestMate
3