USDJPY LONGThe pressure from the sellers is pushing the market up to clear out the present inbalance in liquidity presently 72% from all retail traders on IG market is on the sellers side, it's always good to stay off the crowd. Personally i think it will take us up around $148.739 so sit tight mate enjoy the ride.. patient is keyyyy...
Usdjpydaily
USDJPY: CUP and HANDLEComments from the country's monetary authorities suggest a new wave of pressure on the yen after three months of easing or ‘recharging’. With the Bank of Japan not changing policy, the yen is potentially under pressure from an intensified interest rate differential game. And this game promises to be more aggressive now than a year ago, as yield spreads between Japan and the US have widened for both short and long-term yields. The current higher interest rate environment is an opportunity for Japan to competitively devalue its currency to support national exporters, which it failed to do in the last decade in the era of zero interest rates.
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 perspective, so I am looking for longs from discount zone. My point of interest for long position is if price makes a retracement to fill the imbalance lower and then to reject from 1H bullish order block + institutional big figure 135.000.
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USDJPY: Fed and target!Fundamental Overview
The lowering of the Consumer Price Index indicates a decreased likelihood of the Federal Reserve imposing new rate hikes, which is welcomed by the market. This presents a strong argument for a pause. As a result, investors are increasingly anticipating rate cuts, which is causing the Greenback to decrease in value. Important numbers to note include the Consumer Price Index and the potential for rate cuts. [/i
Fed feels more comfortable with receding inflation
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: 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 to continue its rise and test 140On the 4th of May, I've written that UsdJpy could reverse from strong support and retest 138 zone resistance.
Indeed, after a double tap under 134, confirming a strong demand zone around this figure, the pair started to rise and after a strong bullish candle yesterday, reached my target.
Although we are in a strong resistance zone, I expect this level to be broken and the pair to rise once more and test 140.
Of course, correction is possible at this moment, but this drop should be considered a good buying opportunity in search of a good risk: reward considering the up mentioned target
136 should provide support now.
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
Bearish scenario for USD/JPY after hitting supply zoneUSD/JPY is currently in a supply zone as indicated in my chart. In the previous two occasions,
USD/JPY fell heavily from this level. This time, if we see some bearish candlestick patterns
forming in the Resistance level, we can expect another fall to 135 level.
This is low risk, high reward sell set-up.
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 - Still bullish ✅Hello traders!
‼️ This is my perspective on USDJPY.
Technical analysis: Here we are still bullish from 4H timeframe perspective, so I will try to add long position if price makes a retracement to fill the imbalance lower and rejects from institutional big figure 135.000.
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USDJPY nice setupso 2 things can happen but one is more likely due to the fact uj is in a down trend but for the sell to be valid we want to see bearish price action around the 136 level if not
a retest and move up can become valid dxy is increasing causing this up move but we also have news in 15 min so have to keep eye on this one
what the market does next here depends on dxy and this upcoming news event
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 and the short-term POSITIVE SENTIMENT against the dollar. 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 possibility that USDJPY will go UP a bit more and move to 137.91 LEVEL. Anyway, USDJPY price can go down to 129.52 level before that. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS#USDJPY
- As of the previous day, the market sentiment for USD was quite up SIDE. The main reason for this is that the JPY started to weaken slightly and the short-term positive sentiment to the dollar. That's because it came with the NFP REPORT. The dollar weakened slightly after the FOMC last time. But at present, the FED can increase the RATE HIKE or their CEILING RATE at any time. However, the FED stated in an earlier meeting that inflation data is still being monitored.
- At present, all markets including STOCKS and COMMODITIES are going down a bit due to market RISK OFF.
- Of course, the chances of USDJPY going up a bit more and moving to level 137.91 are very high. Anyway, before that, the level of 129.52 can be down to the USDJPY price. We are focused on market updates and market sentiment. Follow the given market structure
USDJPY - Bullish price action ✅Hello traders!
‼️ This is my perspective on USDJPY.
Technical analysis: As I expected in my previous analysis price filled the imbalance and rejected from bullish OB. Now I see only bullish price action and my target is new BOS.
Fundamental analysis: Tomorrow we have news on USD, will be released CPI and on Thursday PPI, these 2 are very important news, so we have to pay attention to the results.
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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: 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 ♥