Get started

Usdjpydaily

Time to go long USDJPY?For the time being should not hesitate to take additional easing measures if necessary. It is appropriate for the Bank to maintain the current forward guidance for the policy rates. In this situation, it is appropriate that the Bank encourage wage increases through monetary easing, aiming to achieve the price stability target in a sustainable and stable manner. Given that a rise in some determinants of underlying inflation , such as services prices, and CPI inflation exceeding 2 percent in a stable manner have not come in sight, it is natural to continue the current monetary easing.
Long
by xxpqxx999
Time to go long USDJPY?For the time being should not hesitate to take additional easing measures if necessary. It is appropriate for the Bank to maintain the current forward guidance for the policy rates. In this situation, it is appropriate that the Bank encourage wage increases through monetary easing, aiming to achieve the price stability target in a sustainable and stable manner. Given that a rise in some determinants of underlying inflation, such as services prices, and CPI inflation exceeding 2 percent in a stable manner have not come in sight, it is natural to continue the current monetary easing.
Long
by xxpqxx999
USDJPY Will rise?Bank of Japan Takata (Hawk). Mon: Current YCC Is sustainable, exit strategy is always something the BOJ has to be thinking about, but not now. Tamura. Mon: Japan my soon see positive cycle kick off with rising wages, policy exit will then become focus of discussion. Rapid FX moves undesirable, exchange rate must move stably, reflecting fundamentals. Amamiya. Tue: BOJ must support economy with monetary easing, recovery not solid, wage growth uncertain. Aiming for 2% inflation sustainably, not just a temporary rise.
Long
by xxpqxx999
1
USDJPY has formed reversal on daily, possible drop!!USDJPY( Daily) was in a bullish move for the long term. The price action only daily has created a reversal pattern and on the close of the monthly candle, we could see deeper retracement and a potential drop in USDJPY. We see a double top, followed by a head and shoulder and, today's daily candle has just tested the neckline of this double as resistance and strongly rejected. At the same time, daily head & shoulder has lower highs on the right side. As the monthly & weekly close is nearing, there is highly likely that USDJPY will come for a deeper retracement to the downside!! If you like this analysis. Do not forget to like and comment to help the idea. Thank you!!
Short
by ForexWizard01
USDJPY 7/22/22 UpdateWe have USDJPY on daily chart that has been on a uptrend for a very long time and now it's looking like it reached its high level around the 139.400 and it's giving us the sign of a possible reversal coming up for the week. There is the uptrend trendline it's been respecting, and it looks like we will be breaking the trendline indicating a huge sign of the sell opportunity coming up around the level of 134.700. We can expect the breakout of the trendline and then a little pull back just to retest the support level I marked to see if it's strong enough to go back in the trendline making it a false breakout or simply just to pick up more orders around the support area and conform we have a big sell coming up. I would highly recommend waiting until we see the pushback to the support area just to get that extra confirmation that in fact, we have the sell.
Short
by Juliansd
3
USD/JPY analysis: no time for mercy? During its July meeting, the Bank of Japan (BoJ) voted 8-1 to keep its key short-term interest rate ( JPINTR ) at -0.1% and 10-year bond yields ( JP10Y ) around 0%. However, it lowered its GDP growth forecast for 2022 from 2.9% in April to 2.4%, mentioning slowing global growth and problems with the supply chain caused by the long war in Ukraine. On top of that, as the price of energy, food, and durable goods continue to rise, the board has increased its 2022 inflation projection to 2.3%, up from 1.9%. The BoJ's policy stance remains extremely dovish. Despite a worldwide wave of central banks tightening policy, the BoJ emphasised in its statement that it will not hesitate to implement more monetary easing measures if necessary. USD/JPY chart analysis The Bank of Japan is the only central bank that has yet to join the chor us of the worldwide tsunami of monetary tightening. Clearly, the prospect for a currency whose central bank is unwilling to raise interest rates when the rest of the world is doing so is tilted to the bearish side. Although the USD/JPY pair has already reached severe oversold RSI levels on the weekly chart, fundamentals remain negative for the Japanese yen. A test of the psychological barrier at 140 is an interesting short-term level, while the most aggressive bulls see 147.55 (the high hit in August 1998) as a medium-term target (6% above current levels). The alternative scenario involves the onset of a severe US recession with deflationary repercussions as a result of a collapse in demand. This may prompt a reevaluation of the Fed’s rate rises, halting the increasing rate gap with the BoJ, which will be beneficial for the JPY. But this is a remote scenario at this moment due to the strength of the American labour market and supply chain disruptions that cause worldwide inflationary
by Capitalcom
Usdjpy long from the nearest tlHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about FX:USDJPY We can see market is going up after testing its TL since the start of July now we are expection a long move towards the high So we are expecting more rise to its major resistance after testing. This is my opinion, I really hope this will be useful for you. This is not a financial advice. Always take trade at your own risk, Be ready and take care your money. Have a great profit ! Risk Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence
Long
by Theranasaramd