USDJPY | Perspective for the new week | Follow-upIn light of recent data, Thursday's release indicated that U.S. consumer price index (CPI) inflation for July met expectations, mirroring the previous month's trajectory. This outcome has fueled speculation that the Federal Reserve will maintain its current interest rates in September. However, this development has concurrently prompted a reduction in expectations for a rate cut within the current year, leading to the anticipation of sustained rates at their 22-year highs.
Consequently, this adjustment has exerted downward pressure on risk-oriented assets, inducing a sense of caution among investors reluctant to engage with Asian currencies, given the prevailing robust outlook on U.S. interest rates.
As a result, the Japanese yen bore the brunt of this shift, registering a decline to a one-month low during overnight trading, only to stabilize in proximity to the pivotal 145 threshold on Friday. However, it is noteworthy that trading volumes remained subdued due to a market holiday observed in the country.
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 within the key zone of 145.000, 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 this 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, key levels, and chart patterns. 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.
Disclaimer Notice:
Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy.
It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances.
Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it.
Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
Usdjpyanalysis
USDJPY UPDATES ON HIGHER CONTEXT
Trade at your own risk. Im waiting below the 2nd options zone 143.600 .but the first idea still valid.
Before uSdjpy could drop Im expecting retracement at that zone. to hit our main target @147 zone for possible supply,
Wait for retest on a buy order. 143.600 maybe.
This is not a financial advice. Follow for more daily updates
Celebrate as Yen Per Dollar Falls to Weakest Point This YearWe have some fantastic news to share that will undoubtedly make you smile. The Yen per Dollar exchange rate has recently reached its lowest point this year, offering an exciting opportunity for those looking to make some profitable moves. So, get ready to celebrate and prepare yourself to long USD/JPY – it's time to ride this wave of success!
1. The Weakest Yen Per Dollar Exchange Rate
2. Reasons to Long USD/JPY
Technical Analysis: Delving deeper into the charts reveals a compelling case for a long position on USD/JPY. Bullish trends, breakouts, and momentum indicators all point towards a positive outlook for this currency pair. Embrace this opportunity to ride the wave of success and make your trading dreams come true!
Call-to-Action:
1. Analyze and Strategize: Dive into the market analysis, study the charts, and identify the best entry points for your long position on USD/JPY. Combine fundamental and technical analysis to form a robust strategy that aligns with your risk appetite and trading goals.
2. Stay Informed: Keep a close eye on economic news, market trends, and any factors that may influence the USD/JPY exchange rate. Stay informed and adapt your strategy accordingly to maximize your potential gains.
3. Execute Your Trade: Once you have analyzed the market and formulated a solid strategy, executing your trade is time. Open your position, set appropriate stop-loss and take-profit levels, and stay disciplined.
4. Monitor and Adjust: As the market evolves, continuously monitor your trade and be prepared to make adjustments if necessary. Stay vigilant and be ready to capitalize on any potential opportunities that may arise.
Conclusion:
With the Yen per Dollar exchange rate hitting its weakest point this year, forex traders have a reason to celebrate! By going long on USD/JPY, you can potentially ride the wave of success and capitalize on this favorable market condition. So, put on your trading hat, analyze the market, and take action now. Embrace this opportunity with a smile and let the profits roll in!
USDJPY - Long after filling the imbalance ✅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 a long position, if price makes a retracement to fill the imbalance lower and then rejects from bullish order block + institutional big figure 144.000.
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USDJPY I Potential area to LONG this weekWelcome back! Let me know your thoughts in the comments!
** USDJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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USDJPY TRADE IDED
Hi all
The daily has already broken out, so I'm looking for a pullback before continuing the trend; I expect the price to finish the 1.618 fibo extension.
Let me know what you think In the comments!
**My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading skills**
Thanks a lot for your support
USDJPY HIGHER CONTEXT IDEASBase on distribution while approaching to its supply of last october 2022 @ 147.500 zone
Distribution comes with buying climax, as I refered ideas before a breaker order block.
Now were approaching the highs called Automatic rally/reactions.
wait below for secondary test, price would break 145.070 on our breaker block high,
after the break, price could make a possible H&S for pattern traders, but it will just react below its demand zone to baits for sellers. and retest back again on its previous AR zone until it reach the 147.500 possible supply.
FOr a better trading wait for that zone. with stoploss above the highs of october 2022.
Trade base on your own decissions, this is not a financial advice, follow for more.
If you want to copy my ideas just give some credit..thanks.
Im not following anyone on this platform, I analyze base on my understanding on markets.
For validity of this setup , see it for yourself in the futures.
Thank you and happy 400+ followers.
DeGRAM | USDJPY structure based tradeUSDJPY has reached major structural resistance on the daily chart.
Price action is testing a major resistance where the price made a sharp move down.
A false break is going to be an ideal short entry signal because the price may move higher and come back to take out stops.
We already have no momnetum; small doji candles at the level and a bearish harmonic pattern.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
USDJPY | Perspective for the new week | Follow-upThe USDJPY market sentiment is undergoing a captivating transformation, edging from neutral to bearish, with intriguing signs of bullish exhaustion surfacing.
The Japanese currency is on the rise, gaining traction as Bank of Japan (BoJ) comments reveal plans to widen the benchmark 10-year Japanese Government Bonds (JGB) from 0.5% to 1.0%. This move has propelled Japanese yields to their highest levels since 2014, sparking anticipation of a potential pivot by the BoJ. However, the Yen remains vulnerable unless the bank takes decisive action. Currently, there's a prevailing perception that the BoJ's hawkish signals and surging Japanese yields might curtail the pair's gains in the foreseeable future.
As we journey through the US economy's realm, recent developments have dealt a blow to the bulls. The lower-than-expected increase in Nonfarm Payrolls, with a mere 187,000 new jobs reported in the July jobs report, has significantly impacted investor sentiment. The implications of Fitch's downgrade of the United States government's long-term debt rating further add complexity to the picture.
Amidst this intricate landscape, all eyes now turn to the upcoming week, where no high-impact events are expected from Japan's economy. Traders are keenly observing US economic indicators for pivotal signals that could shed light on the likely direction of prices. The BoJ's hawkish stance continues to play a major role in shaping the currency's trajectory.
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 within the key zone 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 this 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, key levels, and chart patterns. 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.
Disclaimer Notice:
Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy.
It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances.
Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it.
Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
The Ultimate Inflation Hedge Awaits! BTC or Gold?Today, we will dive into the age-old debate: Is it gold or bitcoin that reigns supreme? Get ready for a wild ride!
We all know that inflation can be a real buzzkill, eroding the value of our hard-earned money faster than you can say "portfolio meltdown." So, seeking refuge in assets that can weather this storm is natural. But which one should you choose? Gold, the classic go-to, or Bitcoin, the shiny new contender?
Let's start with gold. Ah, the timeless allure of this precious metal! For centuries, it has been the epitome of wealth and stability. Its physical nature and scarcity have made it a trusted store of value, a bedrock of financial security. But here's the plot twist: gold's performance in recent years has been a bit lackluster. It's like the steady, reliable friend who's always there for you but somehow never quite dazzles.
Enter Bitcoin, the enigmatic superstar of the digital world. This cryptocurrency has taken the financial realm by storm, capturing the imaginations of tech-savvy investors everywhere. With its decentralized nature and limited supply, bitcoin has become a symbol of rebellion against the traditional financial system. It's like that edgy, unpredictable friend who always keeps you on your toes.
But here's the kicker: bitcoin's volatility can make even the most daring traders break out in a cold sweat. Yes, it has had its moments of glory, soaring to unimaginable heights. Yet, it has also experienced gut-wrenching plunges that can leave you questioning your life choices. So, is it the ultimate hedge against inflation or just a wild rollercoaster ride?
Now, brace yourselves for the unexpected twist in the tale! We present an alternative that might blow your socks off: USDJPY, the forex pair quietly dominating the inflation hedge game. Buckle up, folks, because this one's a game-changer!
The USDJPY forex pair, a combination of the US dollar and the Japanese yen, has been a powerhouse performer when it comes to hedging against inflation. It combines the stability of a primary currency with the potential for substantial gains. The Japanese yen, renowned for its safe-haven status, and the US dollar, the world's reserve currency, create a formidable duo that can weather the storm of inflation like no other.
So, dear traders, it's time to take action! Don't just sit on the sidelines, wondering which asset will reign supreme. Invest in USDJPY and seize the opportunity to maximize your returns while hedging against inflation. It's time to step out of the gold and bitcoin bubble and embrace the surprising potential of this forex pair.
Join the USDJPY revolution today and let your trading prowess shine like never before! Take a leap of faith, and you might discover the ultimate inflation hedge you've been searching for.
Invest in USDJPY now and unlock the untapped potential of the ultimate inflation hedge!
$USDJPY Near a Breakout or Double Top The USD/JPY is Near a Breakout, and It Could Cause Ripple Effects
The USD/JPY currency pair is nearing a breakout, and it could have major implications for the global economy. The yen has been under pressure in recent months as the US dollar has strengthened, and this trend is likely to continue as the Federal Reserve continues to raise interest rates.
The Bank of Japan (BOJ) has been reluctant to follow the Fed's lead, and it has kept interest rates at ultra-low levels. This has made the yen even more attractive to investors seeking a safe haven, and it has put downward pressure on the currency.
However, inflation is starting to spike in Japan, and this is forcing the BOJ to reconsider its monetary policy. The BOJ may be forced to loosen its yield curve control (YCC) policy, which could lead to a sharp rise in interest rates.
This would be a major risk for Japan, as it has a high debt-to-GDP ratio. Higher interest rates could lead to a credit crisis in Japan, and it could spread to other parts of the world.
The ripple effects of a USD/JPY breakout could be significant. The US dollar would likely strengthen further, which would make imports more expensive for American consumers. This could lead to higher inflation in the US, and it could put a drag on economic growth.
The stronger dollar would also make it more difficult for American companies to compete in global markets. This could lead to job losses in the US, and it could further weaken the American economy.
A USD/JPY breakout could also have a negative impact on emerging markets. The stronger dollar would make it more expensive for emerging market countries to borrow money, and it could lead to a financial crisis in some countries.
The implications of a USD/JPY breakout are far-reaching. It is a risk that investors should be aware of, and it is something that could have a major impact on the global economy.
Rumors of BOJ Intervention
There are also rumors that the Bank of Japan (BOJ) is considering intervening in the currency market to prevent the USD/JPY from breaking out. The BOJ has a history of intervening in the market to weaken the yen, and it is possible that it will do so again if the USD/JPY continues to rise.
However, it is unclear if the BOJ will be able to prevent the USD/JPY from breaking out. The US dollar is strong, and the Japanese economy is weak. These factors are likely to continue to put downward pressure on the yen.
If the BOJ does intervene, it is likely to use its foreign exchange reserves to buy yen. This would increase the supply of yen in the market, and it would put downward pressure on the currency.
However, it is also possible that the BOJ will not intervene. The BOJ may decide that it is better to let the USD/JPY break out, as this would help to boost the Japanese economy.
Conclusion
The USD/JPY is near a breakout, and it could have major implications for the global economy. The BOJ may intervene in the currency market to prevent the USD/JPY from breaking out, but it is unclear if this will be successful. The ripple effects of a USD/JPY breakout could be significant, and investors should be aware of the risks.
USDJPY TRADE IDEAHi all
I'm looking for a long opportunity in the USD/JPY to finish the wave 5.
Good Luck to all
Let me know what you think In the comments!
**My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading skills**
Thanks a lot for your support
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 make a retracement to fill the imbalance lower and then to reject from 1H bullish order block + institutional big figure 141.000.
Fundamental analysis: On Thursday will be released monthly and yearly CPI in USA, if the result is positive it will support our analysis.
Like, comment and subscribe to be in touch with my content!
USDJPY I 180+ Pips FULFILLED and next move!Welcome back! Let me know your thoughts in the comments!
** USDJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
USD/JPY Anticipates Rally Above 143.50The USD/JPY currency pair is poised for a rally, fueled by anticipation of the US CPI data and the USD's strength. Market sentiment leans bearish with the expected S&P500 opening and recent global oil price trends may force the Fed's hand in rate hikes. Meanwhile, the BoJ shows optimism towards inflation targets, and Philadelphia Fed President advocates patience in interest rate changes. Key economic indicators and central bank comments are eyed as market determinants.
TRADE IDEA DETAILS
CURRENT TREND: Bullish trend given the expectations for US inflation data, and USD's strength combined with BoJ's monetary policy adjustments.
TRADE SIGNAL: Buy Signal
👉ENTRY PRICE: Approximately 143.00 – Ideal entry point considering current consolidation around this level.
✅TAKE PROFIT: Approximately 144.50 – Potential target, considering recent bullish momentum, possible positive CPI data, and technical resistance levels.
❌STOP LOSS: Approximately 142.30 – A strategic point below significant support levels, providing room for normal market fluctuations while minimizing potential loss.
RISK MANAGEMENT:
A proper risk-to-reward ratio of around 1:3 should be maintained. Position size should align with individual risk tolerance, not exceeding 1-2% of the trading capital.
TRADE PLAN:
Monitor US CPI Data: Keep a close eye on the inflation data, as it can significantly impact USD's strength.
Observe Oil Prices & Fed's Actions: Continuously track these variables as they could affect USD's performance.
Regularly Review the Trade: Ensure alignment with the prevailing market trends and adjust as needed.
FINAL THOUGHTS:
This trade idea leverages the potential bullish trend in USD/JPY, driven by fundamental and technical factors. Risk management practices must be adhered to ensure capital preservation. Continuous monitoring of relevant economic indicators is essential for this trade's success.
DeGRAM | USDJPY psychological level of 143.000USDJPY is consolidating at the psychological level at 143.000.
The market created a bearish harmonic pattern.
Price dropped from this zone before. Look left.
We will look for selling opportunities if the price closes below this level.
-------------------
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USDJPY, Bearish, Swing tradeGood afternoon,
I hope everyone had a great weekend and previous trading week. Here I present a premarket forecast for UJ for this trading week. Last trading week UJ was bullish, breaking a key daily supply/demand area @142.118. Toward the end of the week, price reversed and closed below the same daily area of supply/demand @142.118.
Price rejected at a key 4hr level @141.731 with potential to retracement back to area @142.118.
If anyone has any questions, comments, concerns, or similar analysis, please share, comment, or boost.
USDJPY I Impulse correction and continuationWelcome back! Let me know your thoughts in the comments!
** USDJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!