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USDJPY

JPY Struggles Amid Rising US Dollar StrengthThe Japanese Yen is struggling to capitalize on the boost from rising domestic inflation. Uncertainty surrounding the Bank of Japan's (BoJ) interest rate hikes, combined with an optimistic market sentiment and soaring US Treasury yields, has kept JPY under pressure. Meanwhile, the US Dollar continues its dominance, hitting a new yearly high and providing further support to the USD/JPY pair. The relentless strength of the USD has bolstered buyers, leaving the Yen with little room to recover in the near term.
by Veda_Solomon
Fundamental Market Analysis for November 22, 2024 USDJPYHigher market sentiment and rising US bond yields are limiting the rise of the low-yielding yen. The US Dollar is holding near its highest level in the last year and is providing support to the USD/JPY pair. The Japanese Yen (JPY) attracted buying for the second day in a row following the release of slightly better-than-expected Japanese consumer inflation data. This came amid statements released on Thursday by Bank of Japan Governor Kazuo Ueda, which kept expectations of an interest rate hike in December. In addition, Japanese Prime Minister Shigeru Ishiba's 39 trillion yen economic stimulus package boosts the Yen and puts some pressure on the USD/JPY pair. Nevertheless, the prevailing risk-on and higher US Treasury yields keep traders from aggressive bullish bets on the low-yielding Yen. Investors remain concerned that U.S. President Donald Trump's policies could lead to renewed inflation and force the Federal Reserve (Fed) to slowly cut interest rates. This has been a key factor in the recent rise in US bond yields, which has kept the US Dollar (USD) near yearly highs and provided support to the USD/JPY pair. Trade recommendation: Watch the level of 154.00, trading mainly with Buy orders.
Long
by Fresh-Forexcast2004
USDJPY H1 I Bearish ContinuationBased on the H1 chart analysis, we can see that the price is rising toward our sell entry at 154.92, which is a pullback resistance aligning with a 50% FIbo retracement. Our take profit will be at 153.91, an overlap support level. The stop loss will be placed at 155.60, a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
Bearish drop?USD/JPY is rising towards the pivot which aligns with the 50% Fibonacci retracement and could drop to the 1st support which act as an overlap support. Pivot: 154.91 1st Support: 153.46 1st Resistance: 155.89 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
6J1!: Yen Strengthens Ahead of Ueda's InsightsThe Japanese Yen (6J1!) has been demonstrating notable strength against its American counterpart throughout the Asian trading session, as traders position themselves ahead of a highly anticipated appearance by Bank of Japan (BoJ) Governor Ueda Kazuo later today. His remarks on the economic outlook, inflation dynamics, and the timeline for potential interest rate hikes will play a crucial role in shaping market sentiment and influencing the trajectory of the Yen. As we approach Ueda's address, there is a palpable sense of anticipation in the markets. Investors are keen to understand how the BoJ plans to navigate the current economic landscape, particularly in light of growing inflationary pressures and global economic uncertainties. With the central bank grappling with the balancing act of stimulating growth while containing inflation, Governor Ueda's insights will be closely scrutinized for clues on the BoJ's monetary policy direction. Nonetheless, there remains an undercurrent of uncertainty regarding the prospect of further policy tightening by the BoJ. This hesitation among traders may hinder the aggressive positioning of JPY bulls, leading to more cautious trading behavior as they await clearer signals from the central bank. The market's apprehension is evident, as many participants remain wary of overcommitting until Ueda provides more clarity on the BoJ's stance. From a technical analysis perspective, the rebound in the Yen’s price has been particularly notable, as it has entered what we identify as a demand zone. This area indicates a clear oversold condition, which suggests that the currency may be primed for a reversal. The fact that retail traders are significantly short on the Yen adds another layer of intrigue; if the anticipated bullish movement occurs, these short positions could lead to a rapid shift in market dynamics. Our forecasting models indicate that, when looking back over the last ten years, there is a strong possibility for the Yen to enter a bullish phase soon. Historical patterns suggest that, following periods of significant oversold conditions, the Yen has often embarked on upward price movements. As such, the current environment may present a unique opportunity for those looking to capitalize on potential appreciation of the currency. As we await Ueda’s comments, all eyes will be on how his insights might either reinforce or challenge the current market sentiments surrounding the Yen. Any indications of a future tightening of monetary policy could catalyze a swift rally, while ambiguity could lead to heightened volatility. Ultimately, the interplay between investor sentiment, technical signals, and central bank communication will determine the Yen's trajectory in the hours and days ahead. ✅ Please share your thoughts about YEN in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
CME:6J1!Long
by FOREXN1
1
USDJPY - The weakness of the yen will stop?!The USDJPY currency pair is above the EMA200 and EMA50 in the 4H timeframe and is moving in its upward channel. In case of correction due to the release of economic data this week, we can see demand zone and buy within that range with appropriate risk reward. Breaking the downtrend line and the specified resistance range will pave the way for the currency pair to rise to the supply zone. We will sell currency pairs in that range. Bank of Japan (BOJ) to Release Review of Monetary Policy Tools According to Reuters, the Bank of Japan (BOJ) is set to release the findings of a comprehensive review next month, evaluating the advantages and drawbacks of various unconventional monetary policy tools employed over the past 25 years to combat deflation. This review is seen as a symbolic step towards ending BOJ’s era of massive stimulus measures. The report will include findings and surveys that justify BOJ’s plan to gradually normalize its monetary policies. The review’s results are expected to be published after the final BOJ policy meeting of the year, scheduled for December 18–19, and may include a potential rate hike from the current level of 0.25%. Japan’s ruling coalition, comprising the Liberal Democratic Party (LDP) and Komeito, has reached an agreement with the opposition Democratic Party for the People (DPP) on an economic stimulus package. The package includes cash handouts for low-income households, subsidies to assist with utility bill payments, and additional investments in artificial intelligence and semiconductors. The three parties have agreed to raise the income tax threshold and continue discussions on reducing gasoline taxes. This agreement requires legislative revisions to be addressed during next year’s parliamentary session. Following the ruling coalition’s loss of its majority in the lower house, DPP’s support has become crucial for advancing the package. However, some economists have expressed skepticism about the package’s limited impact on boosting consumer spending. BOJ Chief Kazuo Ueda’s Remarks: Kazuo Ueda, the BOJ Governor, stressed the need for the government to monitor medium-term financial sustainability. He stated that the policies of the new U.S. administration will be closely examined and integrated into Japan’s economic outlook as a key priority.Ueda also highlighted the transformative impact of generative AI on the financial industry. Massive Treasury Bond Sell-Off by Japan and China Meanwhile, Bloomberg reports that Japan and China, two of the largest holders of U.S. government debt, sold significant amounts of U.S. Treasury bonds during the third quarter of this year. Japanese investors offloaded a record $61.9 billion worth of these bonds in the quarter ending September 30, while Chinese funds sold $51.3 billion in the same period, marking the second-largest volume recorded. These sell-offs occurred ahead of the U.S. presidential election and Donald Trump’s victory.
Long
by Ali_PSND
Could the price rise from here?USD/JPY is reacting off the pivot which acts as an overlap support and could rise to the 1st resistance which has been identified as a pullback resistance. Pivot: 154.66 1st Support: 153.44 1st Resistance: 156.54 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
USDJPY H1 | Bearish Reversal Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 155.19, which is a pullback resistance. Our take profit will be at 154.25, a pullback support that aligns with the 61.8% Fibo retracement. The stop loss will be at 156.10, a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
1
Potential bullish bounce off overlap support?USD/JPY is falling towards the support level which is an overlap support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 154.69 Why we like it: There is an overlap support level that aligns with the 50% Fibonacci retracement. Stop loss: 153.62 Why we like it: There is an overlap support level. Take profit: 156.56 Why we like it: There is a pullback resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
USDJPY Buy Trade IdeaHello Traders In This Chart USDJPY HOURLY Forex Forecast By FOREX PLANET today USDJPY analysis 👆 🟢This Chart includes_ (USDJPY market update) 🟢What is The Next Opportunity on USDJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
USDJPY Will Explode! BUY! My dear friends, Please, find my technical outlook for USDJPY below: The instrument tests an important psychological level 153.75 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 155.10 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
USDJPY H1 | Bearish Reversal Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 155.575, which is an overlap resistance close to 61.8% Fibonacci retracement. Our take profit will be at 154.51, an overlap support level. The stop loss will be at 156.62, a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM