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Usdjpybuy

USDJPY Potential Buy USDJPY slowed down this week after seeing some bullish movement for last two. There is a chance thar UJ will go into a short-term buy based on MA indicators, support is forming around price 134.300 . If price rises above 135.400 we may see it reach resistance price 136.100 . Buy Entry: 134.800 Targets: 134.930 | 135.050 | 135.400 | 135.670 | 135.950 Resistance: 136.100 Be sure to follow, like and let me know what you think in the comments below.
Long
by DollarYenQueen
USDJPY: Good opportunity for buyers!Fundamental Overview If the Federal Reserve were to hold its meeting today, it would likely keep interest rates at their current level due to the uncertainty surrounding the banking industry. However, market conditions can change rapidly, and if there are no sudden bank failures over the weekend, there is a good chance that the Fed will increase rates by 25 basis points. The Fed tends to continue raising rates until there is an issue, and if the only issue is with SVB, then high inflation rates will likely prompt further hikes. This will result in a stronger US dollar and eventually, a decrease in stock prices once investors realize that no new bank failures have occurred. Buy GOLD when price breaks the box!!!!
Long
by Sphyn-Trader
5
USDJPY: The seller is back!Fundamental Overview Over the last two decades, the US Dollar's share of the global market has declined from 71 percent to 59 percent, and there is a possibility of further reduction in the future. This decline has an adverse impact on the United States as currency usage in the global trade market works on a zero-sum basis. When other currencies like Yuan, real, or Rupee are used in global trade, it reduces the usage of the US dollar. If the credible alternatives of the US dollar get popular, it will weaken America's dominance in the global market. US Dollar's position as the primary global reserve currency is being challenged Plan trade in the intro ♥
Short
by Sphyn-Trader
7
USDJPY: Buyer's Opportunity!Fundamental Overview The USD Index, which follows the performance of the US dollar against other currencies, has declined and is impacting the USD/JPY pair. There are concerns about the banking sector crisis in the US, a potential recession, and the US debt ceiling, leading to speculation that the Federal Reserve may cut interest rates later this year. As a result, US Treasury bond yields are decreasing, causing the US dollar to weaken. Plan trade in the intro ♥
Long
by Sphyn-Trader
5
USDJPY: The next direction?When the dust settles, the Fed is set to continue raising rates In the event that the Fed meeting took place today, they would likely maintain current interest rates due to lingering doubts about the stability of banks. However, there is a possibility of a rate hike of 25 basis points if the upcoming weekend is calm and there are no urgent efforts to save any banks. The Fed tends to increase rates until they encounter a problem. In the event that the only issue is with SVB, persistent inflation may result in additional rate hikes. This will strengthen the US Dollar and eventually lead to a decline in stocks once the temporary relief rally associated with the absence of new bank failures subsides.
Long
by Sphyn-Trader
1
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS#USDJPY - As of last day, the MARKET SENTIMENT for USD was slightly UP SIDE. The main reason for that is the JPY starting to weaken a bit and the short-term POSITIVE SENTIMENT against the dollar. Because it came with the NFP REPORT. The dollar weakened slightly after the FOMC last time. But the FED can raise the RATE HIKE or their CEILING RATE whenever necessary. Anyway, it was mentioned in the previous MEETING that the FED is still MONITORING INFLATION DATA. - All MARKETS including STOCKS and COMMODITIES are going down slightly due to MARKET RISK OFF. - There is definitely a high chance that USDJPY will go UP a bit more and move to 142.35 LEVEL. Anyway, the price of USDJPY can go down to 133.00 LEVEL before that. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
by benny_marshall
USDJPY: The fulcrum for the uptrend!Hello trader, i bring you some useful information! Recent statements from Japan's monetary authorities indicate that there may be a renewed push to weaken the country's currency, following a period of three months of easing or "recharging". Despite the Bank of Japan maintaining its current monetary policy, the yen could still face increased pressure due to a more intense interest rate differential game. This game is expected to be even more aggressive than it was a year ago, as the yield spreads between Japan and the US have increased for both short and long-term yields. Japan now has an opportunity to devalue its currency in order to support its exporters, something it was unable to do during the previous decade of zero interest rates. BoJ not changing policy, intensified interest rate differential game
Long
by Sphyn-Trader
1
USDJPY: Adjust!Hello traders, I come to give you some information. Over the past 20 years, the US Dollar's portion of the worldwide market has declined from 71 percent to 59 percent, and there is a possibility that it could decrease even more in the coming years. This development has a significant impact on the United States since global trade's currency usage is a zero-sum activity. Whenever any other currency, such as Yuan, real, or Rupee, is traded globally, it means that the US Dollar is not being used. If other reliable alternatives become more popular, it may jeopardize America's dominance in the global market. US Dollar's position as the primary global reserve currency is being challenged
Long
by Sphyn-Trader
6