USDJPY Clear Patterns! Daily ForecastSharp bullish right now, but probable reversal movement. We need more triggers for short entry, obviously.
Usdjpybuy
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.
USDJPY: Technical Overview
The USD/JPY pair scales higher for the fifth successive day on Wednesday and climbs to over a two-week high during the early European session. Spot prices currently trade around the 137.00 round-figure mark, which bulls now awaiting a move beyond a technically significant EMA34 and EMA89 before placing fresh bets.
Fundamental Overview
The Japanese Yen (JPY), on the other hand, is weighed down by a more dovish stance adopted by the Bank of Japan (BoJ). It is worth recalling that BoJ Governor Kazuo Ueda said last week that it was too early to discuss specific plans for an exit from the massive stimulus program. This, along with a modest uptick in the US equity futures, undermines the JPY's safe-haven status and remains supportive of the USD/JPY pair's ongoing positive move. That said, a modest downtick in the US Treasury bond yields might hold back bulls from placing aggressive bets.
USDJPY: Opportunity for buyers!Fundamental Overview
The Bank of Japan (BoJ) Governor Kazuo Ueda made some statements that were perceived as hawkish, causing the Japanese Yen (JPY) to experience a slight increase. This resulted in a bit of downward pressure on the USD/JPY pair. During a parliament session, Ueda expressed confidence that Japan's economy was improving and inflation expectations were still high. He also stated that the central bank plans to end its yield curve control policy and reduce its balance sheet after inflation reaches the 2% target sustainably.
Plan trade in the intro
USD/JPY Analysis: Bullish Momentum Building for BreakoutIn this USD/JPY analysis, I will anticipate a potential bullish movement as the market approaches a crucial juncture. Currently, the price is consolidating near an important order block, coinciding with a significant trendline that has acted as a key support level in the past.
This analysis suggests that a breakout above the order block and trendline could lead to a surge in buying pressure, potentially taking out liquidity levels on the upside. Traders with a bullish bias might find this an opportune moment to consider long positions.
However, it's important to exercise caution and await confirmation of the breakout. Keep a close eye on price action, volume, and market indicators to validate the bullish momentum. Additionally, implementing proper risk management strategies is crucial to protect against unforeseen market fluctuations.
As always, it's essential to conduct a thorough analysis and consider multiple factors before making trading decisions. Stay informed and adapt your strategy based on real-time market conditions. Happy trading!
USDJPY Top-down analysisHello 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 News H1Here is my view for USDJPY on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USDJPY- BUYUSDJPY we have had mixed price action since last week, in order for us to identify the current price behaviour we had to use bigger timeframe to see the market clearly.
so what are we looking for?
-we are currently looking for DXY to drop a little for this price to drop more and come around our area.
-Price may not completely come down to our area of entry, but may at least come to 'voided area' and drops from there.
USDJPY: BUY and BUYTechnical Overview
During the early North American trading session, the USD/JPY pair lost a significant portion of its intraday gains that had pushed it to a one-week high of approximately 136.30-136.35 on Monday. As a result, the pair fell back to the 136.00 level.
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.
Usdjpy buyThe 4h uptrend resisted once again and the 1h downtrend broke and retested the JPY's move and was weak this week on all pairs. ratio 1/5
USDJPY LongUJ Just got a CHoCh after a previous Break fi Structure. It has retested and tapped the lower FVG and with DXY gaining strength could see some more upside. Likely 137s or 140s.
Entered on 3 small positions. Will keep adding with each retest if I see price is seeking higher.
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!!!!
USDJPY BuyUSDJPY is taking support on its major levels. Japanese yen is not stronger, as we all knows Japan did not increased it interest.
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 ♥
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.
USDJPY News H1Here is my view for USDJPY on H1 for May 1st, 2023. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
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 ♥
USDJPY Top-down analysisHello 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: 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.
USDJPY BuyJapanese Yen seems more weak in next coming week. I believe it will fall against the USD, but while trading it, keep an eye on DXY. Because if you judge DXY perfectly, you will make handsome profit on it.
USD/JPY could repeat an uptrend just like last yearHello traders:
USDJPY was stable and low volatile in how the wealthy grew in 2022. Is this trend underway again recently as most western stock markets have flatlined? They may start to decline, and the US dollar could strengthen just like in 2022. What do you think? Are we repeating next year at all?
