USDJPY ShortOANDA:USDJPY
The price has reached the top of the channel and I expect the price to drop to the bottom of the channel. what's your opinion?
Usdjpysell
BOJ News ReleaseExpecting USDJPY to drop due to this evening's BOJ news release and press conference. Based on the nature of the news and market indicators, there is a strong chance that the developments favor the Yen over USD. If price goes over 141.500 there is a chance for a buy.
Sell Entry: 140.000
Targets: 139.680 | 139.360 | 139.000 | 138.700 | 138.245 | 137.815 | 137.440 | 137.045 | 136.585 | 136.300
Support: 136.100
Resistance/Stop Loss: 141.500
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usdjpy to make a big decision todayIn the following video I've provided 3 scenarios in which I would look to take part in any trades. The first of which is quite simply a higher high will produce another higher high.
Both scenarios afterwards are reversals. If price throws indecision in the correct direction, it signals a reversal. The daily close today will suggest a lot at yesterday was relatively volatile.
USDJPY: Movements in a volatile market!The hurdle for raising rates this month is higher, implying fresh US Dollar falls
The Consumer Price Index (CPI) report is the final significant piece of information before the bank's decision. However, it's doubtful that it will alter the current situation. The bank's inclination to take a break, as indicated by May's Nonfarm Payrolls and echoed by Fed Chair Jerome Powell, suggests that they will stop raising interest rates. As bond markets haven't priced in this possibility entirely, there's potential for the US Dollar to weaken further in conjunction with returns on US debt.
USDJPY: The correction and the opportunity of the sellers!technical analysis:
The price line for USDJPY experienced a slight correction, leading to a decrease and breaking of the uptrend line. The Relative Strength Index (RSI) is currently below the average of 43.59 and maintaining its position at the support level. The Exponential Moving Average (EMA) with values of 34 and 89 is still above the price line, forming a dynamic resistance area. With these indicators, there is a high likelihood of a decrease in USDJPY.
Market analysis:
In the Tokyo session, the USD/JPY pair is trading back and forth below 140.00. However, it is anticipated that the asset will continue its downward trend since the USD Index's upward movement is expected to remain limited until the United States Employment data is released.
Following a lackluster Tuesday, the S&P500 futures have made marginal gains during the Asian session. The market sentiment appears to be subdued as investors anticipate the release of complete US labor market data.
Plan trade in the intro
USDJPY: Japan's recession and the return of the US economyTechnical analysis:
The temporary downtrend line has been broken by the price line. Currently, a smaller bearish pattern is forming, but there is a trend reversal in the RSI. If there's a small amplitude sideways, the two indicators, EMA 34 and EMA 89, won't have a significant impact. Fibonacci generates effective psychological resistances, which provide valuable entry information.
the latest news from the market:
Investors overlooked the US ISM Services PMI's disappointing release on Monday, and the US Dollar has regained positive traction, acting as a tailwind for the USD/JPY pair. The intraday USD uptick could be attributed to an uptick in the US Treasury bond yields but is expected to remain limited as the markets anticipate an imminent pause in the Federal Reserve's policy tightening cycle.
The markets are now pricing in a higher chance that the US central bank will leave interest rates unchanged at the end of a two-day policy meeting on June 14, which may hold back the USD bulls from placing aggressive bets. Additionally, the possibility of Japanese authorities intervening in the markets may keep a lid on any significant appreciation move for the USD/JPY pair, at least for now.
Moreover, the current cautious mood around the equity markets may favor the JPY's relative safe-haven status. However, a more dovish stance adopted by the Bank of Japan (BoJ) could continue to undermine the JPY and limit the downside for the USD/JPY pair. As there is no relevant macro data from the US, aggressive traders should be cautious due to the mixed fundamental backdrop.
USDJPY: Main trend!In Asia, S&P500 futures have surged, indicating an increase in the market participants' risk appetite. Market sentiment is optimistic as the Federal Reserve's interest rate decision is likely to result in a neutral policy stance.
The US Dollar Index (DXY) has shown a slight correction around 103.60 after a decent rally. The USD Index is expected to perform sideways as the release of the US CPI will offer further guidance. US Treasury yields are choppy ahead of the inflation data, with 10-year US Treasury bond yields climbing above 3.76%.
Preliminary reports indicate that headline inflation is softening to 4.2R% compared to the previous release of 4.9% on an annualized basis. Lower oil prices have slowed down the overall inflation rate. However, core CPI, which excludes the impact of oil and food prices, is expected to marginally increase to 5.6% from the previous release of 5.5%.
The scrutiny of the preliminary US inflation report shows that households' demand for durables and services is consistently rising, putting pressure on Fed policymakers for hawkish guidance.
Meanwhile, the Bank of Japan's (BoJ) interest rate decision will keep the Japanese Yen in the spotlight. BoJ Governor Kazuo U
USDJPY⚠️ALERT :Reaction from SELL Zone✔️ USDJPY is expected to fall
✔️ Recommended to consider Selling from the balance and premium level 139.65
Now try to move down with new Sellers.
⚠️SELL the TOPS!!!
USD-JPY - 1h KEYLEVELS I will wait for more confirmation on usd-jpy.
On 1h TF we have a HH with HL , and LH with LH with an UP TREND.
These are the keylevels that im watching for an entry.
USD/JPY Analysis H1Here is my view for USDJPY on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USD/JPY Chart H1Here is my view for USDJPY on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
USDJPY - Long from discount zone ✅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 bullish order block.
Fundamental analysis: This week on Friday we have news on USD, will be released monthly NFP and Unemployment Rate. Pay attention to the results in order to validate the analysis.
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USDJPY - Short IdeaUSD/JPY is losing a bullish momentum after USD had hit a six-month high at 140.93. Break of 138.22 will confirm a bearish trend. In the long term, this currency pair will move between 151.93 and 127.20 for the next few years.
It's Showtime: SELL Trade Triggered, Action Time...The SELL signal for this pair has emerged today on the 12-hour chart. As per our May 19th analysis, after breaking through the 138 resistance level, I've been patiently waiting the sell signal. The price not only surpassed 139 level but also went beyond 140, just as explained may happen in the initial analysis.
Today the TRFX indicator gave us the all-clear to initiate a short position. My stop is set comfortably above the Weekly SUPPLY/SELL zone, which is above the green box marked on the chart My initial aim for this position is the 137.5 area, as denoted by the green line.
As the position moves towards this target, I'll revisit and analyze its progress, with a possibility of maintaining it for the long term.
To understand my method behind this setup please read the related post hope you enjoyed!!
usdjpy BUYhello usdjpy pair. He has reached an important stage. The price is now at a strong support, with a retest of the double button pattern. With a positive candle on the daily chart. Humiliate to a strong entry of buyers. to climb again Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
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 Short It can possibly retrace back to the 30 minute supply 138.499 and will continue to go down at 1 hour demand 134.946
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
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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