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Longusdjpy

Selling momentum has weakened - uptrend continues🔔🔔🔔 USD/JPY news: ➡️ The USD/JPY pair declined after posting a gain of over 2% in the previous session, trading around 147.90 during Tuesday’s European session. The pair weakened as the Japanese yen appreciated, despite ongoing uncertainty surrounding the Bank of Japan’s (BoJ) interest rate outlook. ➡️ BoJ Deputy Governor Shinichi Uchida acknowledged both upside and downside risks stemming from potential U.S. tariffs, highlighting that such measures could put pressure on Japan's economy. He also stated that Japan's economic growth is expected to slow to its potential pace before gradually recovering, assuming a rebound in global economic conditions. Personal opinion: ➡️ Signs of a decline from the oversold area seem to have weakened, USD/JPY cannot break down to the 157.50 area and shows signs of increasing again. ➡️ Analysis based on resistance - support zones and trend lines combined with EMA to come up with a suitable strategy FM's personal plan: 🔆Price Zone Setup: 👉Buy USD/JPY 147.70- 147.60 ❌SL: 147.30 | ✅TP: 148.40 FM wishes you a successful trading day 💰💰💰
Long
by FM-ForexMastermind
Oversold momentum - retest and continue to increase🔔🔔🔔 USD/JPY news: ➡️The Japanese yen weakened for a second straight day against the stronger U.S. dollar, pushing the USD/JPY pair closer to the 145.70 level during Thursday’s U.S. trading session. Investor confidence was boosted by comments from U.S. President Donald Trump, who hinted at the announcement of a major trade deal later in the day. Personal opinion: ➡️ In the short term, USD/JPY will still be bought due to positive news for the USD ➡️ However, USD/JPY is overbought and will have a period of recovery before USD/JPY continues its upward momentum ➡️ Analysis based on important resistance - support and Fibonacci levels combined with trend lines to come up with a suitable strategy Personal plan: 🔆Price Zone Setup: 👉Sell USD/JPY 145.85 - 1.46.00 ❌SL: 146.35 | ✅TP: 145.40 👉Buy USD/JPY 145.20 - 1.45.00 ❌SL: 144.70| ✅TP: 145.90 FM wishes you a successful trading day 💰💰💰
Long
by FM-ForexMastermind
1
USD/JPY holds within trend line - positive NFP news supports USD🔔🔔🔔USD/JPY news: ➡️ USD/JPY price decreased to 143.80 due to the weakness of the USD after the US employment report decreased compared to the previous month and Average Hourly Earnings m/m decreased slightly, However, NFP was better than the previous forecast, so this is probably support for the USD Personal opinion: ➡️ USD/JPY is still maintained in the trend line, the buyers have returned after the RSI almost entered the oversold zone and there are signs of slowing down of the sellers. ➡️ Analysis based on resistance - support levels and trend lines combined with EMA to come up with a suitable strategy Personal plan: 🔆Price Zone Setup: 👉Buy USD/JPY 143.80- 144.00 ❌SL: 143.40 | ✅TP: 144.50 – 145.00 FM wishes you a successful trading day 💰💰💰
Long
by FM-ForexMastermind
1
Positive US talks are supporting the USD🔔🔔🔔 USD/JPY news: ➡️ USD/JPY recovered to around 142.70 during the Asian session on Tuesday as positive risk sentiment undermined safe-haven assets such as the Japanese Yen while boosting the US Dollar. However, further gains appear limited amid weak trading conditions due to a holiday in Japan. Personal opinion: ➡️ Positive news on tariff negotiations is emerging more and more, and the parties are also easing trade tensions. This is supportive for the USD and could cause USD/JPY to rise slightly in the coming time ➡️Analysis based on important resistance - support and Fibonacci levels combined with trend lines to come up with a suitable strategy Personal plan: 🔆Price Zone Setup: 👉Sell USD/JPY 143.20 - 143.30 ❌SL: 143.70 | ✅TP: 142.70 - 142.20 FM wishes you a successful trading day 💰💰💰
Long
by FM-ForexMastermind
3
Trade news gradually improves - Supporting USD to rise again🔔🔔🔔 USD/JPY news: ➡️ The USD/JPY pair extended its gains to approach the 144.00 level early Friday, driven by renewed demand for the U.S. dollar following a Bloomberg report suggesting that China is considering suspending the 125% tariff on certain U.S. imports. The pair largely ignored Tokyo’s hotter-than-expected CPI inflation data. Personal opinion: ➡️ USD/JPY continues to rise thanks to positive news from the Trump administration’s negotiations with Asian countries. Although good Japanese economic data supports the JPY, the focus is still on the active trade war and it supports the USD ➡️ Analysis based on important resistance - support and Fibonacci levels combined with EMA to come up with a suitable strategy Personal plan: 🔆Price Zone Setup: 👉Buy USD/JPY 143.00 - 144.40 ❌SL: 142.50 | ✅TP: 143.80 - 144.40 FM wishes you a successful trading day 💰💰💰
Long
by FM-ForexMastermind
1
USD/ JPY ! 11/8 ! oversold , support , BUY nowUSDJPY trend forecast November 8, 2024 The Japanese Yen (JPY) struggles to gain traction on Friday, fluctuating with minor gains and losses against the US Dollar (USD) as the European session nears. Support for the JPY comes from recent comments by Japanese authorities, though concerns about the Bank of Japan's (BoJ) capacity for further rate hikes limit its upward momentum. Meanwhile, optimism around Trump’s growth and inflation policies largely overshadows the Fed’s dovish outlook, boosting US Treasury yields, which in turn weighs on the lower-yielding JPY. Additionally, renewed USD buying helps restrict any significant downside for the USD/JPY pair. Trump as president with more strict foreign policies, mainly helps the dollar stronger. This will help USD/xxx currency pairs to increase in value. /// BUY USD/JPY : zone 152.300 - 152.100 SL: 151.700 TP: 40 - 100 - 200 pips (154.100) Safe and profitable trading
Long
by Moon-ForexAcademy
3
USD/ JPY !! continue to increase the price trendline⭐️ Smart investment, Strong finance ⭐️ USD/ JPY INFORMATION: During the Asian session on Thursday, the Japanese Yen (JPY) has gained ground against the American counterpart, breaking a three-day losing streak. It had previously reached its lowest level since November 28. The JPY's relative safe-haven status is being supported by a generally weaker risk tone and the subdued price action of the US Dollar (USD). However, the upside potential is limited due to expectations that the Bank of Japan (BoJ) will maintain its ultra-dovish stance in response to factors such as a recent earthquake in Japan, declining inflation rates in Tokyo, and weaker wage growth. ⭐️ Personal comments NOVA: The upward price trendline is still very nice, testrend to then have more BUY power ⭐️ SET UP USD/JPY PRICE: 🔥BUY zone:147.750 - 147.600 SL 147.100 TP1: 148.100 TP2: 148.400 TP3: 148.700 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
Long
by Nova-Scalper
16
USD/JPY Potential Long Setup !Based on technical analysis, the 4-hour timeframe is currently showing a rejection of the Exponential Moving Average (EMA) and the first support level (S1) of the daily pivot points. These factors indicate a potential bullish trend reversal in the near future. However, before initiating a long position, it is important to observe whether the price will close above the daily pivot points. If it does, it would suggest a stronger upward momentum, thereby increasing the probability of a successful trade. Furthermore, the overall trend is currently bullish, indicating a potential continuation of the upward trend. It is important to note that technical analysis is not a guaranteed predictor of future price movements, and risk management strategies should be implemented to minimize potential losses. In conclusion, based on the rejection of the EMA and S1 daily pivot points in the 4-hour timeframe, combined with a bullish overall trend, setting a long position after the price closes above the daily pivot points may present a favorable trading opportunity. However, careful consideration of risk management is imperative.
Long
by Bobby-BCT
Unusual way to enter on a double Bottom (USDJPY)Hi Traders, I am currently watching USD/JPY for a potential Long Position. Now looking at standard price action, Price has created a Double bottom and went as far as breaking the neckline. The conventional way to enter this would be by entering once price has retested the neckline, which there is absolutely nothing wrong with. However, looking at the way price has moved right now I see a much better risk-to-reward ratio if price manages to break the minor resistance at 135.450. If price starts pushing hard to the point where this current H4 candle Flips bullish, I will be more than happy to take an impulsive entry with the momentum. Target is at 136.250 as we have a clean range on the left. Remain patient. Renaldo Philander.
Long
by Tradebudz
Expecting Bullish Move USDJPYI'm expecting a the US dollar to gain some strength this week, aganist the Japenese Yen. Looking for possible minor move to the upside followed by a retest, and then finally a huge move. Reasons for USD strength: 1.) The yen was very strong last week, and if you look at other currency pairs that traded against the yen, you would notice huge directional moves. 2.) If you look at the monthly timeframe you would notice that price has found support at this current level several times. 3.) the previous month showed a doji candle, hinting that maybe there are some exhaustion or indecision in the market and price may be ready to change directions. 4.) On the weekly timeframe, there is a double bottom candlestick formation. 5.) (refer to the daily chart) Price has currently found support at this current level, which previously acted as resistance. 6.) On the 4hr. price has been making Higher Lows and Lower highs, hinting that a breakout may be in the works. I'm not saying that this will definitely happen, this is my personal opinion. If you disagree or comment what you think. Like, Comment or Follow.
Long
by NoCeilingsTrading
6