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Usdjpy-trading

USD/JPY: Key Support Spotted in DowntrendThe USD/JPY chart is clearly showing a downtrend as the price has broken below both EMAs, indicating that selling pressure is increasing. The key support level at 142.500 will be the key point to watch, as the reaction here could determine the next trend. If the price recovers from this level, there could be a buying opportunity; otherwise, a deeper decline could occur. Traders should use stop-loss orders to minimize risk in the current volatility.
by Naoomi
Usdjpy could be seeing a turn ,mindful of spikes on monday Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Chart wise it seems to be heading more to the downside resuming its downtrend.the friday's move was due to the election in japan. Now that the result is out, let's see how the market react on monday. Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. *********************************************************************
Short
by Shadowing_The_Big_Boys
Usdjpy, congrats to those who long the break up last week!Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Yup, as mentioned, if you have gone long last week..so question this week, is it gonna repeat what happened last week?Hmmmm i am starting to be more cautious Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
by Shadowing_The_Big_Boys
USDJPY Technical Analysis! BUY! My dear subscribers, USDJPY looks like it will make a good move, and here are the details: The market is trading on 150.42 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 150.59 About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
3
Analyzing USDJPY price today, please follow my articleUSDJPY surged after falling below the 200-day SMA but encountered strong resistance at the 200-day EMA and recovered some of last week's decline. The Relative Strength Index has recovered from the 30 level, but it is trending sideways and the MACD is rising after falling below the trigger line. If the upward pressure continues, the price could revisit the previous starting point at 146.60. A break above this area is the starting point for USDJPY's second sell-off and a tightening of the 100-day SMA. If the bears reappear and the bears attempt to pull back the price, the initial downtrend could stall at the short-term support zone at 141.86 and then at the short-term bottom at 140.90 . Overall, USDJPY remains in negative medium-term mode after the sharp pullback from 151.91, but it seems to have received enough support. However, with the MACD strengthening in the negative zone, a bullish breakout is more likely. Recommended to buy at a discount.
Long
by NicoTradingMaster
USDJPY Buyers In Panic! SELL! My dear friends, My technical analysis for USDJPY is below: The market is trading on 148.62 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 148.13 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
2
USDJPY BULLISH WILL Go to 180 Yen the Bank of Japan is unlikely to increase its ultra-loose policy rate until Governor Kuroda's term expires in the first quarter of 2023. A break below 124is the start of bearish trend. Technical: BULLISH STRATEGY BUY THE CORRECTION Higher Highs Higher Lows Fundamentals: See my previouse USDJPY trade ideas.All Tades are active, and a lot of fundamental explanations of USDJPY. Read them.Undestand them,then you can mae good trades. Japan has kept interest rates at 0% since the global financial crisis in 2008. Japan’s current interest rate is -0.10% which has been in place since January 2016. Wven an interest rate rise will hold the bullish trend. Japan must increase its interest rates to minimum 5points, to make eve, and make Yen more attractive. And this neve will happen duing the next 5-10 years!!!!! As the yen continues to depreciate, and the inflation rate is expected to accelerate in the coming months, what are analysts’ forecasts for Japan's interest rate in 5 years? The BoJ has projected in January that long-term rates could rise from 0.3% seen this fiscal year, to 0.4% in 2023-2025, before climbing eventually to 3.1% in fiscal 2032. The projections show that a 0.5 percentage-point rise in long-term rates would add 3.3 percentage points to the debt-to-GDP ratio. Fitch Ratings and ING expected the Bank of Japan interest rate would remain unchanged at -0.1% until the end of 2024. BofA expected the Bank of Japan to hold the ultra-loose policy rate through the remainder of Governor Haruhiko Kuroda’s tenure, and any policy normalisation would be delayed until new leadership came in after April 2023, despite pressure from the weaker yen. The yen is likley to benefit later in 2023, as we believe the BoJ will eventually end its yield curve control policy and the Japanese bond yields will rise Therefor traders will sell yen more excessively before this happens. A decline in long-end U.S. yields and a peaking out in terminal rate expectations into 2023, alongside the risk of a moderate U.S. recession, should clear the runway for a lower repricing of the dollar/yen pair in 2023. In addition, the BoJ shocked markets in December by relaxing its yield curve control (YCC) policy of pinning yields close to zero. The central bank announced it would allow 10-year Japanese yields to climb as high as 0.5 percent, compared with 0.25 percent previously. The yen strengthened against the dollar after the news. Electricity and gas for households registered the biggest jump of 21.5% and 20.1%, respectively. Japan is a net importer of oil and natural gas, whose prices have hit record highs amid Russia’s invasion of Ukraine. Food prices in Japan rose by 7.3% yoy in January 2023. The BoJ said in its January 2023 statement: “On the price front, the year-on-year rate of change in the CPI (all items less fresh food) has been in the range of 3.5-4.0 percent due to rises in prices of such items as energy, food, and durable goods. Meanwhile, inflation expectations have risen.” The new economic policy package will support domestic demand, partly offsetting subdued household confidence and real income. Loss of momentum in trading partner economies will moderate exports. After peaking in the course of 2022, headline consumer price inflation will fall back in late 2023 as energy prices stabilise, but then gradually increase again towards 2% in 2024 as wage growth gains momentum.
Long
by DaveBrascoFX
1
USDJPY: 4H-D Technical OverviewHello traders! I hope you are all doing well. In this video, I am excited to share with you a detailed analysis of USDJPY on the Daily and 4H timeframes. On the Daily timeframe , we are currently experiencing a strong uptrend (same as Weekly) and the price appears to be developing a complex pattern before resuming the bull run. We will need to exercise patience and wait for this consolidation to finish. Meanwhile, on the 4H timeframe , we anticipate the price to make local higher highs, potentially reaching one of the two areas highlighted on the chart (FVG/4H bearish OB zone). Once this happens, we will be on the lookout for a reaction that could lead to a potential sell setup. I will be keeping you updated on any new developments in the comment section below, so stay tuned! As always, I urge you to trade safely and not over risk. Remember to exercise patience and wait for the pattern to fully develop before making any decisions. Thank you and happy trading!
by financialflagship
USDJPY - Neutral USDJPY has dropped significantly today as equities have sold off from all time highs in the past few trading sessions due to renewed fears surrounding the covid delta variant. The Yen is seen as a safe haven currency and the covid crisis saw the currency pair drop towards 102 before rebounding and rising as high as 111. We feel the currency pair could continue it's downward momentum in particular with falling US treasury yields despite rising inflation. However, we would want the 20 day MA to moving average at 110.521 to move below the 100 day MA at 109.473 to indicate a sell alert and then the 50 day MA at 109.931 to cross the 100 day MA confirming the sell signal. We await Japanese inflation data tomorrow and US market PMI on Friday for any significant price action.
by KQMarkets
SWING Market Technical Analysis! Hello,Traders! Here is our SWING market analysis: 1)USD-JPY 1 Day Timeframe: USD-JPY is trading in an uptrend in a rising channel Which suspiciously resembles a massive bear flag But as long as the support remains unbroken I am bullish on the pair and I am expecting the uptrend to continue Until the pair hits the 110.9 level Bullish Bias! 2) USD-CHF 1 Day Timeframe: USD-CHF is trading in an opening wedge on the daily And the falling resistance remains unbroken Which gives me bearish bias However, the pair has clearly established a double bottom And found a horizontal support level Which is a bullish sign, and therefore, a breakout either way Will determine the further direction of the price moves Mixed Bias! 3)GOLD 3 Day Timeframe: Gold was trading in a rising channel for some time now But the precious metal has hit a falling wedge resistance And broke out of the rising channel Indicating a change of the trend from the uptrend to the downtrend And therefore, I am bearish mid-term Bearish Bias! 4)GBP-USD 3 Day Timeframe! GBP-USD broke the horizontal support on 4H timeframe And looks bearish locally, however,few people bothered looking at the 3D chart And here we can see that the pair is trading in a massive rising channel And the support of the channel remains unbroken Thus, I remain bullish on the pair long term At least until after I see a breakout of the channel downwards Bullish Bias! Please, Like, Comment and Subscribe!
OANDA:XAUUSDShort
by TopTradingSignals
5