Alert: Yen's Weakening Against Dollar Raises Intervention Risk Over the past few weeks, we have observed a steady decline in the value of the yen against the dollar. This trend has raised serious concerns about the possibility of intervention by the Japanese government or central bank. As traders, it is essential that we consider the potential implications of such intervention and take appropriate action to safeguard our positions.
Given the current state of affairs, I strongly urge you to consider going long on the yen. However, it is equally important to remain cautious and closely monitor any signs of intervention by Japanese authorities. The intervention risk is real and could significantly impact the yen's value in the market.
To ensure you make informed decisions, I encourage you to keep a close eye on key economic indicators, news releases, and any statements from Japanese policymakers. Additionally, staying updated on market sentiment and expert analysis will be invaluable in navigating this uncertain landscape.
As we move forward, let us remember that risk management is of utmost importance. While there may be opportunities to profit from the yen's weakening, it is crucial to have a well-defined risk management strategy in place. This will help protect your investments and mitigate potential losses in case of unexpected market movements.
In conclusion, I want to emphasize the importance of being proactive and prepared in these challenging times. By going long on the yen while remaining vigilant for potential intervention, we can position ourselves strategically to take advantage of market opportunities while minimizing risks.
Should you have any questions or concerns, please do not hesitate to comment below. Let us support each other and collectively navigate through this period of uncertainty.
Usdjpyanalysis
USDJPY BUY | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis.
Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity USDJPY
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USDJPY 4H :Outlook USDJPY
New forecast
The USD/JPY pair shows slight negative trading at the opening of the day, putting pressure on the 50 moving average, providing signs of a possible shift in the trend to the downside.
The conflict between technical factors makes us prefer to stay neutral until the price confirms its position regarding the 149.40 level, noting that confirming its break will pressure the price to decline towards 148.35 as main negative targets, while consolidation above it will reactivate the positive scenario that targets 150.00 and then 151.00 levels as stops. Next main.
The expect range trading for today it will between resistance line 150.00 and support line 149.40 .
Additionally ,Today News will affect the market .
support line : 149.40 , 148.89
resistance line : 150.00 , 151.00
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BluetonaFX - USDJPY Cannot Break 150Hi Traders!
USDJPY is struggling to break the psychological 150 level, and there might be a possibility of the US dollar slowing down due to strong data coming out of Europe.
Price Action 📊
The market has reached the psychological level of 150 and has been trying to break the level for the past three weeks without any success.
The market may have run out of buyers and may need new waves of buyers to enter the market, which may provide short-term selling opportunities.
Fundamental Analysis 📰
The US dollar continues to trade strongly amid rising yields and escalating tensions in the Middle East, after US Federal Reserve Chair Jerome Powell stopped short of hinting that US interest rates have peaked.
Strong data has started to come out of Europe with better-than-expected Flash PMIs across the EU and the UK.
Support 📉
145.073: PREVIOUS RANGE ZONE RESISTANCE
Resistance 📈
150.000: PSYCHOLOGICAL LEVEL
151.946: APEX LEVEL
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital.
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
USD/JPY +70 Pips 0 Drawdown , New Entry Valid To Who Missed It !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
USDJPY back to 150. Is this a positive signal for investorsUSDJPY touched 150.eleven early withinside the Asian consultation earlier than falling barely because the USD got here below strain from options-pushed selling. The pair is presently buying and selling round 149.93.
Investors are carefully downplaying JPY because of the chance of presidency intervention. Finance Minister Shunichi Suzuki stated closing week it became critical to have balance withinside the forex marketplace and that volatility ought to mirror essential analysis.
Yukio Ishizuki, senior currency strategist at Daiwa Securities (Tokyo), said, ``The US dollar/yen pair broke through the 150 mark during a period of low liquidity, probably due to the influence of speculators.'' Concerns will limit upside. People will continue to be nervous. ”
Fukuhiro Ezawa, head of Tokyo Financial Markets at Standard Chartered Bank, said, ``The rapid fall of USD/JPY from 150 is a sign that algorithmic funds are increasing their sell orders due to concerns about interference.''
The large interest rate differential with the United States is the cause of the weak yen, and the yield on 10-year U.S. bonds is 4.96%, nearly six times higher than the yield on Japanese government bonds with the same maturity (0.835%). Differences in monetary policy exacerbate the situation. The Bank of Japan said it will continue to maintain supportive policies to achieve a stable and sustainable 2% inflation target. Investors continue to monitor geopolitical tensions in the Middle East as they await the Bank of Japan's monetary policy meeting on October 30-31.
Investors also welcomed a Nikkei report that Bank of Japan officials are considering whether to adjust its yield curve control program as domestic long-term interest rates rise in line with the U.S.. The source of the information was not identified in the report.
USDJPY 4H : Uptrend above 150.00USDJPY
New forecast
The narrow range dominates the trading of the dollar pair against the yen, which is trying to crawl towards our first awaited target at 150.00. Therefore, there is no change in the expected bullish trend scenario in the immediate and short term, whose targets extend to 151.00 after crossing the previous level, with a reminder of the importance of stability above 149.40. To continue the expected rise.
The expect range trading for today it will between resistance line 151.00 and support line 149.40 .
support line : 149.40 ,149.24
resistance line : 150.00 , 151.00
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
USD/JPY Weekly Chart Analysis - Inching Toward a Bear ReversalUSD/JPY has refused to fall below the Weekly 9EMA since July 28th. However, we are inching closer to the previous high resistance of 152.000, so we should be cautious longing in the coming weeks. JPYX is also hovering around a support area in a descending wedge and has the potential to pullback to the upside, dragging USD/JPY down or at least, holding it back.
The RSI is also in overbought territory which is *never* a reason on its own to reverse your position bias. But when we couple the RSI level with the following items, a reversal into a minor pullback seems likely:
1. The previous high of 152.000 is near. Given it was the point of the last reversal, expect some selling at this level.
2. We have had 12 consecutive candles above the 9EMA on the Weekly, we should expect a fall below the 9EMA in the next couple of weeks given how close the 152.000 resistance is.
3. JPYX is bouncing on the descending wedge and has probable potential to reverse to the upside, which would stall or drag USD/JPY down.
4. The Weekly bull bars are weak. They appear to be losing strength as we get closer to 152.000.
5. RSI on USD/JPY is overbought, which is a weak signal but a signal that supports the prior data in this list.
At this moment, I would be zooming into the lower timeframes like the 15m and 1hr candles to look for good scalp entries and keep my position sizes a bit smaller than my maximum. The probability of reward over risk is lessening as we get closer to 152.000; be careful at this level.
As always, trade at your own risk and you are responsible for your trades. I hope this analysis was insightful and useful.
Trade wisely and let us know what you think in the comment section below!
USD/JPY SELL IDEATrade Details
USD/JPY Sell Limit
Entry: 149.760
Take Profit 1: 149.570
Take Profit 2: 149.234
Take Profit 3: 148.165
Stop Loss: 149.797 (Can make room for spread)
Key Notes
Order flow: Bullish
Trend: Bullish
Structure: Choch
Entry at order block
Disclaimer:
This is just a sample template and should not be used as financial advice. Always do your own research before making any trading decisions.
USDJPY Longa beautiful setup through and through.
Grade A long setup.
2/2 in favor of longs.
OHV VAR in favor of longs.
entry coming off of POC.
a pullback to daily AVWAP coinciding with AS POC and rejection.
entry at the open of subsequent candle.
this being a secondary pair, warranted grade B risk, but this is those easy money repeatable setups that I look for on a daily basis.
USDJPY 4H :Still support further rise USDJPY
New forecast
The USD/JPY pair is showing quiet positive trading, gradually approaching our first awaited target at 150.00, and the 50 moving average continues to support the price from below, waiting to cross the aforementioned level to achieve additional gains up to 151.00.
Therefore, we will continue to favor the upward trend for the coming period, keeping in mind that breaking 149.24 will stop the expected rise and put pressure on the price to turn lower.
The expect range trading for today it will between resistance line 151.00 and support line 149.24 .
Additionally ,Today News will affect the market .
support line : 149.24 , 148.89
resistance line : 150.00 , 151.00
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
USDJPY Going Up| Trade AnalysisHello Traders, here is the full analysis.
Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity USDJPY
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
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Best Place To Sell USD/JPY After We Have A Good Confirmation 👌This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
USDJPY 1H : Support further rise upUSDJPY
New forecast
The dollar pair against the yen has fluctuated within a narrow path in the past sessions, and stabilized above the moving average 50, which continues to support the price from below, waiting for the resumption of the upward wave targeting levels of 150.00 and then 151.00 as the next main stations.
On the other hand, you should be aware that breaking 148.89 will stop the expected rise and force the price to turn lower.
The expect range trading for today it will between resistance line 150.00 and support line 149.24 .
Additionally ,Today News will affect the market .
support line : 149.24 , 148.89
resistance line : 150.00 , 151.00
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
USD/JPY Breaks Records with Over 60 Trillion Traded Between Jan The USD/JPY has been making waves in the market, soaring to unprecedented heights, with over 60 trillion dollar traded between January and September. Can you believe it? This is a monumental achievement!
As a seasoned trader, you understand the significance of such a phenomenal trading volume. The yen's remarkable performance is a testament to its strength and stability in these uncertain times. I can't help but feel a sense of optimism and enthusiasm, once again reminding me why I love being a part of this dynamic trading community.
Given the yen's incredible performance, I encourage you to consider taking advantage of this exciting opportunity and going long on the yen. With a robust trading volume supporting it, the yen proves to be a promising investment choice for both experienced traders and newcomers alike. Ride the wave of success and embrace the potential it brings!
Remember, success favors the brave, and with the yen's impressive trading volume, now is the perfect time to dive into the market and long USD/JPY. Embrace the joy of trading, make your moves wisely, and harness the power of this extraordinary market development.
www.asia.nikkei.com
USDJPY 1D AnalysisUSDJPY is currently experiencing rejection at a significant resistance level, which also aligns with a supply zone. On the 4-hour time frame (TF), the price is forming a double top pattern, suggesting the potential for a bearish price decline towards the marked support level, which may coincide with the bullish trendline.
However, it's also possible that the price is currently consolidating at its current level before eventually breaking out of the resistance level, leading to a continuation of the uptrend. In such a scenario, I would be on the lookout for a buying opportunity.
What are your thoughts on this analysis? Please share your comments below
USDJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
BluetonaFX - USDJPY Post-NFP Market ReportHi Traders!
The NFP announcement was released earlier today, and it came as a shock to the market. The number came in at a staggering 336K, which is almost double the expected number of 171K. With the payrolls number coming out so strongly, this is a sign that the US economy is still strong, and the high demand for the US dollar is expected to continue in the near future. This now puts huge pressure back on the JPY, and the Bank of Japan will surely have to intervene to avoid further Yen weakness.
On a technical level, the level to look out for on the USDJPY is 150.000; the market has already reached it this week, and traders will be looking for another test at this level to see if the market can break above it. A break and a close of 150.000, and the only key level above it is the apex level at 151.946, and a break of that, and we will be in record-breaking territory.
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
USDJPY 4H : Support further declineUSDJPY
New forecast
The USD/JPY pair was able to break the 148.89 level and hold below it, reinforcing expectations that the downward trend will continue effectively during the coming sessions, paving the way for achieving our main awaited target at 147.87 and 147.45.
By closely looking at the chart, we find that the price is forming a double top pattern whose confirmation level is at 148.35, which means that exceeding this level will motivate the price to achieve additional negative goals that exceed the level mentioned above.
so to confirm the bearish trend should stable below 148.35 .
Therefore, we will continue to favor the bearish trend for the coming period unless the 149.24 level is breached and holds above it.
The expect range trading for today it will between resistance line 149.24 and support line 148.35 .
support line : 148.35 , 147.87
resistance line : 148.89 , 149.24
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
USDJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USD/JPY 15m Chart Analysis - Long to Retest the 150.175 HighUSD/JPY has been ranging between 148.300 and 149.300 since last week and has failed to break down to the 30EMA on the Daily chart. DXY has failed to break below its Daily 30EMA as well. The USD/JPY price action is currently in the top 1/3rd of the range with the RSI just mid-level leaving room for a move up and out of the range.
There is a gap to fill up to the previous high of 150.175. At the very least, I believe we'll see a retest of this level. For this to happen, the Dollar needs a good bounce at the 105.600 level and the Yen remain stagnant or fall. My current analysis of the Yen is it's ready for a pullback to the upside, but that doesn't mean it won't take a quick dip to the downside first before reversing.
I think we can find a good entry in this range below the midpoint and look for a breakout at the top of the range.
Trade wisely and let us know what you think in the comment section below!