Usdjpylong
USDJPY CHART UPDATESUSD/JPY is anticipated to experience heightened volatility as key economic events unfold. With market participants closely monitoring fundamental drivers, the pair may test critical support and resistance levels. Patience and precision will be essential as traders await potential breakout or reversal signals in the coming sessions...
USD/JPY: Fundamental Analysis and Potential UpsideUSD/JPY: Fundamental Analysis and Potential Upside
1️⃣ Monetary Policy Divergence:
The Federal Reserve's hawkish stance continues to bolster the USD, driven by strong economic data such as robust GDP growth and resilient labor markets. Inflation pressures remain persistent, keeping rate cuts off the table.
The Bank of Japan’s dovish policies—including negative interest rates and yield curve control—keep the yen under pressure. Although recent inflation data has sparked speculation about potential shifts, the BOJ remains committed to its accommodative stance for now.
2️⃣ Interest Rate Differentials:
The widening gap between U.S. and Japanese interest rates attracts investors to the USD, encouraging carry trades that favor the dollar over the yen.
3️⃣ Rising U.S. Treasury Yields:
Higher U.S. bond yields make the dollar more attractive, amplifying upward momentum in USD/JPY.
4️⃣ Risk Sentiment:
Global markets currently exhibit improved risk appetite, which weighs on the safe-haven yen. However, shifts in geopolitical or financial stability concerns could reverse this dynamic.
📊 Outlook:
USD/JPY's upward trajectory is fueled by strong fundamentals, but traders should remain vigilant for signs of BOJ intervention or major shifts in global risk sentiment.
Like and follow for more insights! 🌟
USDJPYM1 : bearish IMB failing to Hold, Heading towards High
W1 : Consolidation
D1 : Uptrend
4H : Shifted from Bearish to Bullish
And pulled back to 50% Leg
1H : Bullish
Narrative :
* Monthly is heading towards the high, Weekly and Daily looks a bit
Consolidation.
* 4H and 1H has shifted from bearish to bullish and 15 Minute also
Shows bullish shift in market structure. We can potentially open
Long position on Monday Open one Position On Market Execution and another position on 1H OB if price comes to fill the order to the OB.
Could the price bounce from here?US Dollar Index (DXY) is falling towards the pivot which is an overlap support and could bounce to the 1st resistance which acts as an overlap resistance.
Pivot: 106.35
1st Support: 105.22
1st Resistance: 108.55
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Fundamental Market Analysis for November 22, 2024 USDJPYHigher market sentiment and rising US bond yields are limiting the rise of the low-yielding yen.
The US Dollar is holding near its highest level in the last year and is providing support to the USD/JPY pair.
The Japanese Yen (JPY) attracted buying for the second day in a row following the release of slightly better-than-expected Japanese consumer inflation data. This came amid statements released on Thursday by Bank of Japan Governor Kazuo Ueda, which kept expectations of an interest rate hike in December. In addition, Japanese Prime Minister Shigeru Ishiba's 39 trillion yen economic stimulus package boosts the Yen and puts some pressure on the USD/JPY pair.
Nevertheless, the prevailing risk-on and higher US Treasury yields keep traders from aggressive bullish bets on the low-yielding Yen. Investors remain concerned that U.S. President Donald Trump's policies could lead to renewed inflation and force the Federal Reserve (Fed) to slowly cut interest rates. This has been a key factor in the recent rise in US bond yields, which has kept the US Dollar (USD) near yearly highs and provided support to the USD/JPY pair.
Trade recommendation: Watch the level of 154.00, trading mainly with Buy orders.
USDJPYUSDJPY . Potential long opportunity.
After USDJPY has made its correction down to the trend line , the pair is still following the structure and still remains bullish . While USD is still “the best performing currency” at the moment, we can also take that into consideration for the bull move we are anticipating. If our SL is hit, the pair would be breaking structure and make deeper pullbacks in the price. Our SL (Stop Loss) is sitting at 153.758 . An important KL (Key Level) we have to look at is 155.626 . If the KL is broken to the upside, we would see our TP (Take Profit) hit, which is sitting at 157.865 .
PARAMETERS
- Entry: 154.815
- SL: 153.758
- TP: 157.865
KEY NOTES
- USDJPY made it’s pullback down to our trend line.
- Breaks below our SL would result in lower lows.
- Breaks above our KL would result in higher prices and hitting our TP.
Happy trading!
FxPocket
USDJPY little buyH4 shows it's prepped for a downswing but from the 1h chart it seems like price has to move up to retest the previous highs on the H4 and consolidate before shooting down.
I predict that price might have to rise to 155.522 or 156.427
trail stopping every hour would be safe in case it swings back down
USDJPY LONGWhen market opens, ill be looking to add more buys on USDJPY from the anywhere in the marked box as soon as entry confirms... Ill take 1st profit @156.179 and second profit @157.301
Total pips = 320pips
The higher TF all agree on buy trend and thta needs to be respected, do your research and lets see if we agree on this move. Fingers crossed
USDJPY - Long active !!Hello traders!
‼️ This is my perspective on USDJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long. I expect bullish price action as we can see a rejection from bullish OB + trendline + level 154.000.
Like, comment and subscribe to be in touch with my content!
USDJPY LONG IDEAExecute the price at the exact price mentioned, NO FOMO.
💡KEEP IN MIND💡
I am not a financial advisor and do not contribute to any of your losses or profits. To be safe, I recommend that you risk only 0.1 - 0.2% for the first week or 10 days, as no one can predict the market.
🚀Follow, I will drop daily 2-5 Intraday Charts🚀
U.S Dollar / Japanese Yen . 6H . Hey traders USD/JPY already in a Daily tf demand zone, I am looking for a buy limit set up from this demand zone marked off on 6H chart. Hopefully will push up to make HH.
Please like comment and follow cheers.
This chart material is for education purposes only / Demo account should be traded only.
USD/ JPY ! 11/8 ! oversold , support , BUY nowUSDJPY trend forecast November 8, 2024
The Japanese Yen (JPY) struggles to gain traction on Friday, fluctuating with minor gains and losses against the US Dollar (USD) as the European session nears. Support for the JPY comes from recent comments by Japanese authorities, though concerns about the Bank of Japan's (BoJ) capacity for further rate hikes limit its upward momentum.
Meanwhile, optimism around Trump’s growth and inflation policies largely overshadows the Fed’s dovish outlook, boosting US Treasury yields, which in turn weighs on the lower-yielding JPY. Additionally, renewed USD buying helps restrict any significant downside for the USD/JPY pair.
Trump as president with more strict foreign policies, mainly helps the dollar stronger. This will help USD/xxx currency pairs to increase in value.
/// BUY USD/JPY : zone 152.300 - 152.100
SL: 151.700
TP: 40 - 100 - 200 pips (154.100)
Safe and profitable trading
USDJPY BUY | Idea Trading AnalysisUSDJPY is moving UP.
The chart broke through the dynamic resistance, which now acts as support.
We expect a decline in the channel after testing the current level.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity USDJPY
I still did my best and this is the most likely count for me at the moment.
-------------------
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
USDJPY LONG IDEAUSDJPY - INTRADAY IDEA
Execute the price at the exact price mentioned, NO FOMO.
💡KEEP IN MIND💡
I am not a financial advisor and do not contribute to any of your losses or profits. To be safe, I recommend that you risk only 0.1 - 0.2% for the first week or 10 days, as no one can predict the market.
🚀Follow, I will drop daily 2-5 Intraday Charts🚀
USD/JPY on the Rise: Aiming for 154 and Beyond if 151 HoldsHere’s the lowdown: USD/JPY is hanging out at the 151 support level. If this zone holds, we’re looking at a nice ride up to 152.47—and possibly higher! First take-profit at 154.23, and if we break that, we’re cruising to 155.80 and even 157.
Simple Breakdown:
Solid Support at 151
Right now, 151 is the key spot to watch. If we hold above this, it’s a good sign USD/JPY has the strength to keep climbing.
Target Levels on the Way Up
First Stop: 152.47
This is our first target, so keep an eye on the price action here to see if we’ve got the momentum.
Take-Profit Zone 1: 154.23
If we reach this level, it’s a great spot to lock in some gains. Think of it as the first surf break!
Take-Profit Zone 2: 155.80
If 154 clears, next stop is 155.80. This is where the ride gets exciting.
High-End Target: 157
If USD/JPY stays strong and keeps moving, 157 is the ultimate stretch goal on this wave.
Trading Tip
Stay flexible with your levels. If 151 holds, ride the trend and take profits at each level to keep it smooth. Relax, set your zones, and let the market show you the way!
MINDBLOOME TRADING / KRIS
Where Trading Meets Wellness : Mindbloome Exchange
USDJPY 151.950 -0.64% LONG IDEA INTRADAY SET-UPHELLO TRADERS
Hope everyone is doing great
📌 A look at USDJPY from MULTI TIME-FRAME ANALYSIS
USDJPY 4H TF
* Mon. opens strongly bullish with the 7am SAT pushing up but wicking out.
* Trading out of a sweep on an long term high.
* 4H vi above looking good for targets.
* looking for long entries in correlation with the DXY
* looking for PO3 rules towards the Downside to continue HIGHER.
* The weekly & daily TF show we are still showing signs of a BULLISH move still.
* Looking for continuation of this move.
* We saw a rally with the bears, strong momentum to the downside.
* Looking at the 1H FVG, this is where I would look for long entries this week.
* Should this PD ARRAY hold will be LONG for the GJ intraday.
* BASED on the price action served.
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK.
SEE YOU ON THE CHARTS.
IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE
SMASH THAT 🚀 & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
*
Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
USDJPY bullish trend + 2 inside bars... the week of 28 Oct, 2024This pair is bullish on all time frames and price is above the 200dma, adding to my bullish bias. It is good when you can find a few reasons to take a trade and an inside bar formation is my next reason. The large bullish candle on 23/10 was followed not by 1 but 2 inside bars. This shows a period of consolidation and when it appears on a daily chart within a trending market it is a strong indicator of trend continuation.
But a major s/r in the 152.80 region needs to be overcome before we look for bullish continuation. A convincing break above and a pullback to it will be the confirmation I need to take a long trade. If, however a strong move to the down side forms, that would invalidate my analysis.
My initial target would be in the 157.80 region with the possibility to let some part of the trade run higher.
This is not a trade recommendation. You should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management, trading without a stop or moving the stop away from price is a recipe for disaster.
If you like my idea, please give a “boost” and follow me to get even more.
Please comment and share your thoughts too!!
It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros