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USDJPY-SELL

USD/JPY Decreases Slightly: Market Awaits Fed's DecisionHello everyone, Today, the USD/JPY exchange rate is experiencing a slight decline, currently around 151,92. This weakening is related to expectations of an interest rate adjustment by the Federal Reserve, along with caution ahead of key economic data and geopolitical conditions. I believe that the exchange rate may continue to fluctuate as new economic information is released and as further indications of upcoming monetary policy become available. Medium-term forecasts suggest that USD/JPY could recover, but this will depend on U.S. economic data and global developments related to the safe-haven demand for the Japanese yen.
by Ademha
USD/JPY Falls Below 141.00 Due to Fed-BoJ Policy DivergenceUSDJPY is in a downtrend, trading around 140.908 after breaking the support level at 139.530. The EMA 34 and 89 lines indicate that selling pressure remains dominant. If the price rebounds from this support, the short-term target will be 142.062. Otherwise, if the support breaks, the price may drop to 138.145. Regarding news: USD/JPY continued to weaken below 141.00 in Friday's Asian session, driven by the policy divergence between the Fed and BoJ, which supported the Yen. Attention now shifts to U.S. sentiment data.
Short
by Zola_Hello
USDJPY Ranging 142-144 Ahead of U.S. CPIOn the 3-hour timeframe of the USDJPY pair, the price is moving within a range between the support level of 142 and the resistance level near 144. Closest support: 142. This is a key support level, and if it breaks, a sharp decline to lower levels could follow. Key resistance: 144. If the price surpasses this level, a short-term bullish trend may be triggered. Traders can sell when the price touches the 143 resistance or breaks the 142 support, targeting the lower support levels of 142.500 and 141.800. Investors are awaiting tomorrow's U.S. CPI report. A higher-than-expected CPI could boost the USD, aiding USDJPY recovery, while a lower CPI would pressure the USD, causing further declines in USDJPY.
Short
by Zola_Hello
1
USDJPY today The Japanese Yen (JPY) found it challenging to leverage the uptick from hotter-than-expected domestic consumer inflation seen the previous day, facing a fresh influx of supply on Wednesday amidst the Bank of Japan's (BoJ) policy uncertainty. This scenario, along with a recent surge in risk-on trading sentiment across global stock markets, has been pivotal in diminishing the safe-haven appeal of the JPY. Conversely, the US Dollar (USD) gained support from the growing consensus that the Federal Reserve (Fed) might hold off on interest rate cuts until its June policy meeting. This support is expected to bolster the USD/JPY pair's growth overnight from the psychological benchmark of 150.00, sustaining modest gains into the European trading session on Wednesday.
by Antonia_Le
USDJPY : Stable transactions wait for a new breakthrough!Greetings, traders! What are your thoughts on USDJPY today and its future direction? Looking at the chart, it's evident that USDJPY's recovery momentum is currently capped below a resistance level, as it appears to be forming a double top pattern. The current support level stands at 149.888. Should this level be breached and the double top pattern fully materialize, the bearish target would be to drive this currency pair below the specified level, around 149.300.
by Antonia_Le
USDJPY: SupportedUSDJPY has continued its upward trend over the past few days, with prices fluctuating around the 150.23 mark and steadily advancing towards the 152 resistance level. The US Dollar (USD) remains in a concerted effort to attract significant buying interest, contributing further to a daily decline of about 25 pips from the vicinity of the 150.00 level for the USD/JPY pair. Meanwhile, the increasingly firm expectation that the Federal Reserve (Fed) will maintain higher interest rates for an extended period, reinforced by the hawkish FOMC meeting minutes released on Wednesday, continues to support rising US Treasury yields. This scenario benefits the USD's upward trajectory, indicating that the path of least resistance for this currency pair is upwards.
by Antonia_Le
USDJPY:Classic safe havens continue to outperform the DollarHey Traders, in the coming week we are monitoring USDJPY for a selling opportunity around 131.500 zone. USDJPY is trading in a downtrend and extending pullbacks seems to be approaching the major trend around 131.5 support and resistance zone. Fundamentally Fed pivot seems to have started with the last FOMC as he showed no more intents for further rate hikes in his speech. Considering also JPY to be a safe haven with banking sector crisis. Trade safe, Joe.
Short
by JoeChampion
20
GOLD SHORT TO 1712I am looking at possible hedging opportunities against our current Gold buy's. As we are approaching the end of the month, there is a chance that Gold might start pulling back, before resuming its buying trend in December📈 ONLY if Gold comes back towards 1754, I will open a sell trade. If not, no position will be opened & our long positions will carry on in profit. This short analysis will allow us to target 1712, & any deeper retracements towards 1690-1670.
SAXO:XAUUSDShort
by BA_Investments