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USDJPY

USD/JPY Chart Analysis: Bears May Take ControlUSD/JPY Chart Analysis: Bears May Take Control As shown in today’s USD/JPY chart, the US dollar has gained over 3.6% against the yen since the start of the month. Yesterday, the exchange rate surpassed the peak formed on 16 August around the 149.40 level, marking a 10-week high. The bullish sentiment towards the US dollar has been influenced by increased market confidence in the Federal Reserve’s patient approach to further monetary easing, as reported by Reuters. Can the USD/JPY rise continue? From a technical analysis perspective, bears have a chance to take control, as the rate is nearing a resistance zone formed by: → the upper boundary of the descending channel (shown in red); → the psychological level of 150 yen per dollar. Additional arguments supporting the potential for a bearish reversal include: → the price decline after briefly exceeding the 16 August peak (a possible false bullish breakout); → divergence on the RSI indicator. The release of the US CPI data today at 15:30 GMT+3 could serve as a catalyst for a bearish move. The resulting price action will provide traders with important insights on whether the market is nearing the end of an intermediate recovery (shown with blue lines) within the descending channel (shown in red). This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
1
Japanese Stocks Have Room for More Upside?Do Japanese stocks have room for move upside? It has been one of the best-performing markets since COVID. And what is the key reason for this rally? A falling Yen. Where is the Yen heading and do the Japanese stocks have room for more upside? Nikkei (JPY) Futures Ticker: NIY Minimum fluctuation: 5.00 index points = ¥2500 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
CME:NIY1!Short
by konhow
1
USD/JPY H4 | Potential RSI Bearish DivergenceUSD/JPY is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 149.27 which is a swing-high resistance. Stop loss is at 151.00 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance. Take profit is at 147.17 which is a pullback support that aligns with the 23.6% Fibonacci retracement 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. 62% 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 (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% 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
Could price reverse from here?USD/JPY is rising towards the resistance level which is an overlap resistance that aligns with the 161.8% Fibonacci extension and could reverse from this level to our take profit. Entry: 140.43 Why we like it: There is an overlap resistance level that aligns with the 161.8% Fibonacci extension. Stop loss: 150.90 Why we like it: There is a pullback resistance level. Take profit: 147.15 Why we like it: There is an overlap support 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.
Short
by VantageMarkets
USD/JPY eyes break of 150 and 200-day MA retestThe recovery from 140 has been nothing short of impressive. The daily RSI is confirming the rising prices on the daily chart, and momentum suggests USD/JPY wants to head for the 200-day MA around the 151 handle. There are some concerns that that inflation could pick up due to the hot NFP report, so we may find that pre-emptive bets prompt a break of the August high to bring 150 into focus. Even if prices retrace lower first, dips are preferred and the bias is for an eventual move to 151.
Long
by CityIndex
USDJPY / TRADING ABOVE DEMAND ZONE AND FVG / 4HUSDJPY / 4H TIME FRAME HELLO TRADERS Current Price Action , Prices are currently trading below the supply zone between 148.623 and 149.360 , The next target seems to be the demand zone (A) between 147.164 and 146.062. Potential Outcomes , If prices reach the demand zone (A) and hold above it, a bullish reversal may occur, potentially pushing prices back toward the supply zone ,If prices break below demand zone (A), they may drop to the Fair Value Gap (FVG) zone (B) between 145.321 and 144.268. Further Movements , If prices stabilize below zone (B), the next targets would be zone (C) around 142.817 and further down to 141.801 , Conversely, if prices stabilize above demand zone (A), it indicates potential upward momentum, aiming back toward supply zone 148.623 to 149.360. Supply Zone : 148.623 and 149.360. Demand Zone : 147.164 and 146.062 , 142.817 and 141.801. FVG :145.321 and 144.268.
Long
by ArinaKarayi
The #1 Reason I Was Wrong About AUDJPY Or CHFJPY...AGAIN!!I was wrong about the FX_IDC:AUDJPY again..because I was trying to find the right forex trading system to not only make money but also manage my personal stress - Listen as of now am using a FREE account on Tradingview So most of these trades will be long-term trading options. Until I am able to get a paid subscription on trading view. - Long-term term trades are very good for beginners because it slows down the fast pace trading - And allows you to learn more if you are using proper risk management - This forex trade FX_IDC:CHFJPY sadly is a 7-month move at best 3 months. - Maybe later on when I upgrade to trading view essential I might be able to really develop a trading system for day trades. - Honestly, day trading does have a cost to it There is no way around it you have to pay to play in day trading. - Including mid-term trades such as 3-month holds or 1 month holds. This buy signal is a 7-month hold. This means you have to calculate your risk management strategy well. These past few days I have been battling With my trading systems because I really wanted to design a day trading system But all I can manage right now are long-term trades. My hope is that you will continue to follow and learn from these long term trades Now will this reduce my popularity sadly yes. But with my long term trading signals, I think I will be able to attract the right type of people Who have an investing mindset also its safer to trade long-term {7 months] than short-term gains. So don't feel discouraged if you are looking for short-term gains. If that's you then this recommendation and my other recommendations will never suit you because all my trades will be now focussed on me finding the best Long-term trades. Using the rocket booster strategy which has the following 3 steps: #1-The price should be above the 50 EMA #2-The price should be above the 200 EMA #3-The price should be in an uptrend This is a strategy of trading and I hope it will serve you well. Remember if you want to learn more rocket boost this content Disclaimer: Trading is risky you will lose money whether you like it or not please learn risk management and profit-taking strategies. :
Long
by lubosi
USDJPY - 4hrs ( Buy Trade Target Range 360 PIP ) 🟢 Pair Name : USD/JPY Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🟢 Key Technical / Direction ( Long / ) Type : Mid Term Swing ——————————— Bullish Break 148.850 Area Reasons - Major Turn level - Visible Range lvn - Channel Break - Counter Trend Line - Week High Bearish Reversal 153.850 Area Reasons - Major Turn level / D - Visible Range Hvn - Fibo Golden - Year High Area - Choch / Inner
Long
by GentleGoldenEngine
Will the revealed labor data continue to support USDJPY?Macro theme: - The latest Sep NFP, Unemployment Rate, and Average Hourly Earnings have all surpassed market expectations. As a result, the CME FedWatch Tool shows that the 32% probability of a 0.50% rate cut in November has been eliminated, shifting the odds toward a likely rate freeze instead. - Japan's newly appointed economic minister expressed support for further interest rate hikes as long as they do not destabilize the economy or markets, signalling confidence in the BoJ's approach. - The yen's outlook remains uncertain, influenced by the robust US labor market and ambiguity surrounding the BoJ's potential rate hikes. Technical theme: - USDJPY quickly recovered from the previous downtrend and closed above both EMAs, indicating a solid upward momentum. - If USDJPY extends its gain to close above 149.25, USDJPY may retest the resistance around 152.00. - On the contrary, a failure to close above 149.25 may prompt a temporary correction within 147.30-149.25 until an apparent breakout occurs. Analysis by: Dat Tong, Senior Financial Markets Strategist at Exness
Long
by DatTong
USD/JPY "GOPHER" Bank Money Heist Plan on Bullish Side.Hola! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist USD/JPY "GOPHER" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss 🛑 : Recent Swing Low using 4H timeframe Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
Long
by Thief_Trader
USDJPY Set to Surge Higher – Targeting 150.00?Dear traders! USDJPY is currently maintaining a fairly steady uptrend, hovering around 147.64 despite a slight 0.34% adjustment downwards during the day. In my personal view, this correction is largely due to the pair encountering the upper boundary of the short-term rising channel. However, upon closer inspection, technical factors such as the rising wedge and the EMA 34.89 remain strong, indicating that the appeal of this pair is far from over. Considering these factors, Ben’s personal opinion is that USDJPY will likely continue its upward momentum, with a potential target around 150.00. Wishing you all successful and prosperous trading!
Long
by Bentradegold
1
GOLD BULLISH TO $2,706 (1H UPDATE)If you lot remember on my last analysis I said I see 2 options for Gold, on how it'll move up towards $2,700. One option was it carries on moving up slowly from CMP towards $2,7000 & the other option was to see a 3 Sub-Wave correction towards$2,600 - $2,590. This'll then be followed by Wave V to the upside. Right now I am leaning more towards option 2 & waiting for a downside retracement (Wave 4) before buying. This Wave 4 will liquidate all late buyers & trap new sellers, before Gold moves up again.
SAXO:XAUUSDLong
by BA_Investments
USDJPY Waiting for this perfect sell opportunity.Two weeks ago (September 25, see chart below) we gave a strong multi-month buy signal on the USDJPY pair and it couldn't have had a better timing: Last week recorded a massive 1W green candle, the strongest one in more than 2 years that almost tested the 1W MA50. Today we will be breaking down this long-term buy opportunity on the lower 1D time-frame. As you can see, the price is approaching the 1D MA100 (green trend-line)/ 1D MA200 (orange trend-line) Resistance cluster. This is of very high importance as during the previous Channel Up bottom in early 2023, the two formed a Bearish Cross (February 27 2023) and just a few days later the pair topped and was rejected on the 1D MA200. The result was a pull-back to the 0.786 Fibonacci retracement level. Long-term we remain bullish but on the short-term we will be waiting for this rejection opportunity in order to short and target the 1D MA50 (blue trend-line) at 146.000. Notice also that the high symmetry on the RSI sequences among the two bottom fractals also indicates that we are just before the 1D MA100/ 200 Bearish Cross took place. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, 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 us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
USD/JPY Under Pressure Below Resistance at $149.066The USD/JPY chart shows the formation of a key trend with the price fluctuating around $147.712, just below the strong resistance level at $149.066. If this resistance fails to break, USD/JPY may reverse and correct towards key support levels at $146.163 or even deeper at $143.432. The EMA 34 and EMA 89 lines provide stable support, but selling pressure is weighing heavily on the price. A breakout scenario will require strong confirmation from technical factors, while investors should closely monitor key economic news from the U.S., which could cause significant market volatility. At present, technical factors combined with the short-term downtrend could continue to push the price lower unless a strong breakout from buyers occurs.
by Zola_Hello
USD/JPY soars as rate hike hopes chilledThe yen has stabilized after massive losses last week. In the North American session, the USD/JPY is trading at 148.03 at the time of writing, up 0.45%. The yen is coming off a spectacularly bad week with a 4.5% decline. This marked the yen’s worst week since 2020, during the covid pandemic. The sharp decline was driven by the political drama in Japan, which included the election of Shigeru Ishiba as the new prime minister. Ishiba has supported the Bank of Japan tightening policy in the past, but he has taken a U-turn on monetary policy since being elected prime minister. Ishiba may have shifted his stance in order to avoid any divisive issues, such as raising interest rates, ahead of the snap election on October 27. The election will be followed by the next BoJ meeting on October 31, with the BoJ expected to maintain its policy settings. On Wednesday, Ishiba met with BoJ Governor Ueda and said that Japan did not need to raise rates further. In a speech to parliament on Friday, Ishiba pledged to defeat deflation, a message which signaled a continuation of “Abenomics”, which advocates an accommodative policy. The yen slid 1.1% on Friday as expectations for a rate hike have evaporated. Ishiba’s dovish stance and comments by BoJ officials that it the Bank will be extremely cautious before raising rates has dashed expectations for a near-term rate hike and made the Japanese currency less attractive to investors. The US labor market surprised to the upside, as September nonfarm payrolls surged by 254 thousand, up from a revised 159 thousand in August and blowing past the market estimate of 140 thousand. This was the strongest job report in six months. The unemployment rate dipped lower to 4.1%, compared to 4.2% in August and below the market estimate of 4.2%. The markets have raised the odds of a 25-basis point cut at the Fed November meeting to 87%, compared to 65% one week ago. USD/JPY tested support at 147.89 earlier. Below, there is support at 146.78 There is resistance at 149.86 and 150.97
by OANDA
NEW IDEA FOR USDJPYExamining the trend in the one-hour time frame, it seems that USD/JPY has formed a HEAD&SHOULDERS pattern in addition to crossing the bearish Kumo cloud of the Ichimoku indicator, and now there is a possibility that the price will reach the height of the head of the pattern, provided that it holds and Failure to record any four-hour close candle time below the important support interval in the range of 145.95-146.50 can increase the price up to the 2.41% Fibo range at 153.37.
Long
by arongroups
USD/JPY "GOPHER" Bank Money Heist Plan on Bullish Side.Hallo! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist USD/JPY "GOPHER" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss 🛑 : Recent Swing Low using 2H timeframe Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
Long
by Thief_Trader