Usdjpyanalysis
USDJPY: The return of USD and the bad things of JPYAs Japanese authorities implement measures to safeguard the currency, USD/JPY experiences slight declines around 143.20 on early Thursday. The movements of this Yen pair are influenced by a combination of cautious optimism in the market and the US Dollar's retreat before several US economic indicators are released.
Earlier today, Kazuo Ueda, Governor of the Bank of Japan (BoJ), indicated an increased tolerance range for benchmark 10-year Japanese Government Bonds (JGBs) from 0.5% to 1.0%. This action has resulted in JGB yields reaching their highest point since 2014.
Yen Hits 20-Year Historical Low with Loose Monetary Policy
The yen has just hit a 20-year historical low due to the implementation of loose monetary policies by the Bank of Japan. This development has significant implications for traders like yourself, and I firmly believe taking immediate action to safeguard your investments is crucial.
The Bank of Japan's loose monetary policy, aimed at stimulating economic growth and combating deflation, has sharply depreciated the yen. This depreciation trend is expected to continue in the foreseeable future, making it an opportune time for astute traders to consider adding yen to their long-term investment portfolios.
While this may seem like a lucrative opportunity, it is essential to approach this situation with caution. Currency markets can be highly volatile, and it is necessary to thoroughly analyze the risks involved before making any investment decisions. Therefore, I encourage you to consider the following points before taking any action:
1. Seek Expert Advice: Consult with financial experts or trusted advisors who deeply understand the currency markets. Their insights can help you navigate the potential risks and rewards of investing in the yen.
2. Conduct Comprehensive Research: Carefully analyze the current economic landscape, global market conditions, and geopolitical factors that may impact the yen's value in the long term. This will enable you to make informed decisions based on a holistic understanding of the situation.
3. Diversify Your Portfolio: While adding yen to your long-term investments can be advantageous, it is crucial to maintain a diversified portfolio. This ensures you mitigate risks and maximize potential returns by spreading your investments across different currencies and asset classes.
4. Set Realistic Expectations: Remember that currency markets are inherently unpredictable, and exchange rates fluctuate rapidly. Avoid making hasty decisions based solely on short-term gains and focus on long-term strategies aligning with your investment goals.
In conclusion, the yen's recent historical low presents an intriguing opportunity for traders to diversify their portfolios and capitalize on potential long-term gains. However, it is essential to approach this situation with caution, conducting thorough research and seeking expert advice before making any investment decisions.
Please note that this is not intended as financial advice but as an informative alert to keep you abreast of recent market developments. The investment decision should be based on your circumstances and risk tolerance.
If you have any questions or require further information, please do not hesitate to comment
Usd Jpy ShortBearish Analysis for USD/JPY in the 143.400 to 144.340 Range as a Short Zone
Introduction:
The USD/JPY currency pair has been trading within the range of 143.400 to 144.340, and there are several technical and fundamental factors pointing towards a potential bearish scenario. This analysis will explore the reasons behind the expected downward movement and the factors likely to influence the pair's performance in the short term.
Technical Resistance Zone:
The upper range of 144.340 has acted as a strong resistance level in the past. Multiple failed attempts to break above this level suggest that the market participants have encountered significant selling pressure. As traders view this zone as a barrier to further upside, a bearish sentiment could emerge, leading to increased selling interest and a potential reversal lower.
RSI and Overbought Conditions:
The Relative Strength Index (RSI) is a popular momentum oscillator that measures the speed and change of price movements. At current levels, the RSI may indicate that the USD/JPY pair is overbought. An overbought market suggests that the recent price gains may have occurred too quickly, and a corrective move to the downside could be imminent as traders take profits and exit long positions.
Risk-Aversion and Safe-Haven Demand:
The Japanese Yen is often considered a safe-haven currency in times of market uncertainty or risk-averse sentiment. Any negative news or events that trigger risk-off sentiment in the global markets may lead to an increase in demand for the Japanese Yen. As a result, the USD/JPY pair could experience selling pressure, driving the price lower.
Dovish Fed and Potential Rate Cut Expectations:
If the Federal Reserve signals a more dovish stance and hints at potential interest rate cuts, it could weaken the US Dollar against the Japanese Yen. Such expectations may arise if economic indicators in the US disappoint or if there are concerns about the sustainability of the economic recovery. Lower interest rates could reduce the attractiveness of the USD for investors, leading to a bearish trend in the USD/JPY pair.
Geopolitical Risks:
Uncertainty related to geopolitical events, trade tensions, or international conflicts could create volatile market conditions and lead to a risk-off sentiment. In such scenarios, investors may seek safety in the Japanese Yen, putting downward pressure on USD/JPY.
Conclusion:
Considering the technical resistance zone, overbought conditions indicated by the RSI, potential safe-haven demand for the Japanese Yen, dovish Fed expectations, and geopolitical risks, the USD/JPY currency pair is likely to face bearish pressure within the 143.400 to 144.340 range. Traders should carefully monitor market developments, employ proper risk management techniques, and be prepared to take advantage of potential short opportunities if the bearish scenario unfolds.
USDJPY: Today with PMIIn an effort to achieve a consistent inflation rate above 2%, Governor Kazuo Ueda of the Bank of Japan (BoJ) has introduced increased flexibility in the Yield Curve Control (YCC), while maintaining negative interest rates. This move is indicative of the central bank's intention to create a roadmap for transitioning away from its ultra-loose monetary policy.
Simultaneously, there has been a positive shift in market sentiment as evidenced by the recovery of losses in London and subsequent upward turn in the S&P500. This indicates a significant improvement in risk appetite among investors, leading to heightened demand for technology stocks and overall bullish sentiment towards US equities on Friday.
USDJPY I Daily forecast and execution planWelcome back! Let me know your thoughts in the comments!
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USDJPY Long Term Selling Trading IdeaHello Traders
In This Chart USDJPY DAILY Forex Forecast By FOREX PLANET
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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
USDJPY and GBPJPY 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.
USDJPY Forecast: Insights for the New Week & Follow-Up AnalysisThe Japanese economic docket reveals that consumer price index (CPI) inflation remained stubbornly high through June, despite government measures to curb prices. This has raised the possibility of the Bank of Japan (BOJ) tightening monetary policy. However, BOJ policymakers are cautious and prefer to analyze more data to ensure sustained growth in wages and inflation before making any changes to the yield control policy. Reports indicate that there is no consensus within the central bank, making the decision a close call. Nevertheless, recent reports suggest that the BOJ may lean towards maintaining its yield curve control (YCC) strategy in the upcoming policy meeting.
With Japanese inflation staying above the BOJ's target, there have been speculations about the central bank potentially abandoning its yield curve control program, a move that could strengthen the yen.
On the other side, the US dollar has made a sharp recovery from 15-month lows ahead of a Federal Reserve meeting, leading traders to seek safe-haven assets. The market remains uncertain about whether the Fed will signal a pause in its rate hike cycle despite the expectation of a 25 basis points interest rate hike.
As we shift our focus to the upcoming week, all eyes are on high-impact economic features from both the US and Japanese economies that could significantly impact the USDJPY market.
USDJPY Technical Analysis:
In this video, we conduct an in-depth technical analysis of the USDJPY chart, carefully examining the current market structure. Our primary focus is on the key level of 142.000, which will serve as our center of focus ahead of the upcoming week. As price action remains within this zone, it becomes an area of interest that could lead to choppy consolidation before a clear direction emerges. The market's reaction around the 142.000 area at the beginning of the new week will heavily influence the trajectory of price action in the days to come.
Join me on this journey as we explore potential trading opportunities using trendlines and key levels. Be sure to stay connected to my channel, follow my updates, and actively engage in the comment section as we navigate the dynamic USDJPY market together.
Wishing you the best of luck as you chart your course in the USDJPY market this week. Get ready for an exhilarating experience filled with valuable insights and exciting trading opportunities!
Disclaimer:
Trading on margin in the foreign exchange market (including commodities, CFDs, stocks, etc.) carries a high level of risk and may not be suitable for all investors. The content of this speculation (including all data) is provided by me for educational and informational purposes only to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not accept any responsibility for its accuracy.
It is important that you carefully consider your investment experience, financial situation, investment objectives, and risk tolerance level, and seek advice from an independent financial advisor to assess the suitability of your situation before making any investment.
I do not guarantee the accuracy of the information provided and shall not be held liable for any loss or damage that may arise directly or indirectly from the content or the receipt of any instructions or notifications related to it.
Please note that past performance is not necessarily indicative of future results.
USDJPY going up on continuation After a hammer candle stick, this was a reversal sign that we might be going up. since we got a morning star candle stick formation coming up, we anticipate a completion of a pattern going up as a continuation to approaching level of resistance at 142.00 .
Buys should be active as soon as the bullish candle closes above the candle previous to the doji , and break the bullish pattern seen .
USDJPY Sell TF H1 TP = 140.36On the hourly chart the trend started on July 21(linear regression channel).
There is a high probability of profit taking. Possible take profit level is 140.36
But we should not forget about SL = 141.99.
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
USDJPY - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on USDJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I want price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 140.000.
Fundamental analysis: Tomorrow will be released Interest Rate in USA, followed by FOMC Press Conference. If the result is positive for USD it will support our analysis.
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USDJPY is ready to take off!!!USDJPY on the 1H chart appears to be in subwave v of wave 3 by Elliott Wave theory. It has formed a triangle consolidation pattern, out of which sub-subwaves i and ii of subwave v seem to have completed.
Based on the impulse sequence and assuming the triangle as a running flat correction, USDJPY looks poised for a final leg higher to complete wave 3.
Upside projection for wave 3 is near 143.80. Active traders can look to buy around 141.25 to target 143.80 area. Stop loss can be placed below 140.79.
For those already short USDJPY, it is crucial to hedge by buying and aiming for break-even. The pattern suggests impending upside, hence long orders are recommended with 145.00 as the next target beyond 143.80.
USDJPY: Flash Services PMI!S&P500 futures have recorded significant gains in London, indicating a more relaxed risk-off sentiment. On Wednesday, US equities experienced substantial selling pressure, primarily due to a sharp decline in technology stocks. Investors are being cautious as they anticipate that tech-savvy companies may continue to struggle due to the Federal Reserve's decision to raise interest rates.
The rally in USD/JPY is driven by the belief that the gap in policies between the Federal Reserve and the Bank of Japan will widen further. The Fed is expected to continue increasing interest rates, while the Bank of Japan is likely to maintain its ultra-dovish policy stance that has been in place for a decade. As a result, the Japanese Yen has significantly weakened against the US Dollar.
MFF REPORT FOR MONDAYHello traders, what do you think about usdjpy
on a higher timeframe market is very bullish
on weekly timeframe we saW HH & HL is formed in previous week
now on a daily timeframe we saw bullish moemtum to go further up
but as you all know market is retracing to go further up
we saw 141.00 is a strong level of support from where it bounce to upside
on a 4h timeframe we will take a entry after more confluences
hope you like our idea
dont forget to like and comment on my idea
remember you get paid to wait.
USDJPY Analysis 23July2023USDJPY's journey is in accordance with last week's analysis where the price was stuck in the support area and now it is corrected and enters the fibo 0.382 area. If you look at the close of this week and a fairly strong bullish candle is formed, and the price pattern is lined up on a curved line, it is likely that strong bullish will still dominate after this.