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Usdjpyshort

USDJPY DOWN USD/JPY holds recovery near 146.50 after BoJ Summary of Opinions USD/JPY holds the recovery near 146.50 in Asian trading on Thursday. The Japanese Yen defends bids after the BoJ Summary of Opinions and amid a risk-off market mood, acting as a drag on the pair. The focus shifts to US employment data. USD/JPY is the forex ticker that shows the value of the US Dollar against the Japanese Yen. It tells traders how many Yen are needed to buy a US Dollar. The Dollar-Yen is one of the most traded forex pairs - second only to EUR/USD - and is a benchmark for Asian economic health and even the global economy. View the live Dollar-Yen rate with the USD/JPY chart and improve your technical and fundamental analysis with the latest USD/JPY forecast, news and analysisAlthough Tuesday’s rebound was short-lived, comments by BoJ officials spurred a U-turn on the USD/JPY, which posted a close below 144.20 on Tuesday, but it’s registering its largest gains since March 2023. If USD/JPY extends its gains past the 148.00 figure, this could exacerbate a test of the Tenkan-Sen at 148.45. Further gains lie overhead at 149.00 before buyers can push the exchange rate toward the 200-day moving average (DMA) at 151.50. Conversely, if sellers push the exchange rate below the August 6 high of 146.37, that will pave the way for a pullback. The next support will be the 146.00 mark, followed by the 145.00 figure. Further losses lie underneath at the August 6 low of 143.61.
by JohnHarry_7
USDJPY "Gopher" Bank Bullish Money heist PlanMy Dear Robbers / Traders, This is our master plan to Heist USDJPY Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Stop Loss : Recent Swing Low using 30m timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
Long
by Thief_Trader
Usdjpy upUSD/JPY: To test 150.50 in short term – UOB GroupSharp drop in USD has scope to extend. Any decline is likely part of a lower trading range of 150.50/155.00, UOB Group FX analysts Quek Ser Leang and Lee Sue Ann note. Bears to break below 150.50 24-HOUR VIEW: “Our view for USD to trade in a range was incorrect. USD traded in a volatile manner, rising to 155.21 before plunging to a low of 152.64. The sharp drop from the high has scope to extend, but given that conditions are approaching oversold levels, it is yet to be determined if any further decline can reach the major support at 151.30 (there is another support level at 151.90). Resistance levels are at 153.20 and 153.80.” USD/JPY is the forex ticker that shows the value of the US Dollar against the Japanese Yen. It tells traders how many Yen are needed to buy a US Dollar. The Dollar-Yen is one of the most traded forex pairs - second only to EUR/USD - and is a benchmark for Asian economic health and even the global economy. View the live Dollar-Yen rate with the USD/JPY chart and improve your technical and fundamental analysis with the latest USD/JPY forecast, news and analysis.
by JohnHarry_7
USDJPY Up zoneUSD/JPY is extending recovery above 155.00 in the European session on Tuesday. The pair stretches higher, as the US Dollar capitalizes on a cautious mood while Japanese Yen traders adjust their positions ahead of Wednesday's BoJ policy decision. The USD/JPY pair trades back and forth in a tight range above the crucial support of 156.00 on Monday’s European session. The asset shifts to the sidelines with investors focusing on the interest rate announcements by the Bank of Japan (BoJ) and the Federal Reserve (Fed), which are scheduled for Wednesday. USD/JPY is the forex ticker that shows the value of the US Dollar against the Japanese Yen. It tells traders how many Yen are needed to buy a US Dollar. The Dollar-Yen is one of the most traded forex pairs - second only to EUR/USD - and is a benchmark for Asian economic health and even the global economy. View the live Dollar-Yen rate with the USD/JPY chart and improve your technical and fundamental analysis with the latest USD/JPY forecast, news and analysis.
Short
by JohnHarry_7
Will the Yen Surge? When the FED and BOJ Diverge?With the potential of the Federal Reserve lower rates and the possibility that the BOJ will increase interest rates, this could be a great trade. The BOJ has kept interest rates in the negatives for quite some time and after years and years, inflation was able to manifest itself and push the BOJ to be one of the last Central Banks of the G7 nations to increase rates. I am thinking with a divergence between the FED and BOJ, price could move lower to the 130 lvl. If the 150 lvl is breached and price is able to hold above it for a significant time (after the BOJ and FED meetings in a few days) , then traders and investors will likely push price above the 152 lvl. The BOJ may attempt to conduct Forex operations, but with the amount it has done so far, it would likely have minimal effects and will likely be forced to raise rates and/or adjust its YCC further. Either way, I think the over trend is going to be to the downside. Do your own due diligence when placing a trade trade. Manage your risk. You could lose more than you put in. Y'all have some great trading out there.
Short
by DollarSaenz
2
USDJPY → Trade Analysis | SELL SetupThe price has fallen under the dynamic support, which now acts as resistance. We expect the decline to continue after testing the lower boundary of the channel. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL 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 🤝
Short
by TheGrove
6
1-Hour Chart Analysis USDJPYVISIT FOURTRADES WEBSITE FOR MORE INSIGHT The 1-hour chart reveals more granular details of the recent price action. The pair has formed a bearish engulfing candlestick pattern at the resistance zone around 157.00, which is a strong bearish signal. This pattern indicates a potential reversal to the downside. Furthermore, the pair is approaching a support level around 155.50, which could provide a short-term bounce. However, if this level is breached, the next target would be the 154.00 support level. Daily Chart Analysis The USD/JPY pair has been trading within an ascending channel for the past few months. Recently, the pair... Visit fourtrades website Link in the bio 4-Hour Chart Analysis On the 4-hour chart, the USD/JPY pair has shown a clear break below a previous low, which adds to the bearish outlook seen on the daily chart. The price action is ... Visit fourtrades website for more insights Link in the bio
Short
by FourtradesTV
2
USDJPY I Yen jumps on suspected intervention - more downsideWelcome back! Let me know your thoughts in the comments! ** USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Short
by BKTradingAcademy
2
What is Happening to USD/JPY?Down -2.7% month to date, July has erased June’s upside move (+2.3%) and is on track to potentially form a monthly outside reversal candle from resistance at ¥160.20, a level drawn from as far back as the 1990s. The selling is likely due to increased expectations of a Fed rate cut in September and an unwind in carry trades. Monthly Chart Demonstrating Scope to Explore Lower Technically speaking, support calls for attention on the monthly chart at approximately ¥154.60, a channel resistance-turned-potential support line drawn from the high of ¥125.85. A break beyond here would pave the way for monthly support at ¥150.80. Adding to the bearish picture on the monthly timeframe is the Relative Strength Index (RSI), which is chalking up early negative divergence out of overbought territory. The monthly chart, therefore, signals further selling could be on the table for the currency pair. Daily Support Engulfed Meanwhile, on the daily timeframe, today’s push south (down -1.1% as of writing) absorbed bids from support at ¥157.81, as well as trendline support extended from the low of ¥140.25, and the 50-day simple moving average (SMA) at ¥157.93. However, before sellers can venture towards daily support coming in at ¥153.78, the possibility of dynamic support exists nearby in the form of the lower Bollinger Band at ¥155.72, set to three standard deviations (default usually set to two standard deviations). H1 Resistance Deserves Attention Shorter-term flow on the H1 timeframe reveals price action came within a whisker of greeting the ¥156.00 handle mid-way through London before moderately recoiling higher. With the US cash open now upon us, resistance between ¥157.39 and the ¥157.00 big figure might be watched for possible bearish scenarios (note that the area also houses two 38.2% Fibonacci retracement ratios). So, although the longer-term trend is to the upside, a bearish play could be in the offing. With the monthly chart showing room to press south until ¥154.60, and daily flow yet to bump heads with the lower Bollinger Band, the H1 resistance between ¥157.39 and ¥157.00 may be a location that sellers welcome, targeting ¥156.00 and possibly beyond.
Short
by FPMarkets
USDJPY Bank Bearish Robbery PlanMy Dear Robbers / Traders, This is our master plan to Heist USDJPY Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Stop Loss : Recent Swing Low using 4h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Short
by Thief_Trader
USDJPY → Huge Fall from 162.000! Heading for 155.000?USD/JPY trickled it's way just shy of 162.000 where it formed a double top reversal pattern on the Daily chart and fell hard to 157.500. Should we still be long? Or is it time to get short? How do we trade this? 🤔 As mentioned in my previous analysis from May 7th after the massive sell-off from 160.200 back down to 152.000, we should be looking for confirmation of a short before entering one. We now have a nice sell signal, the double top reversal, right after three strong pushes up in a trend. USD/JPY has been in a bull run since 2021 on the higher timeframes such as the weekly and monthly, getting short needs to be taken with extreme caution and careful planning. It is reasonable to expect the USD/JPY price to retest the 160.000 area after such a fall. The bears are going to be skittish in a bull market, the bulls are going to try and long again to get that 50% pullback to the high side. But once the price goes 200 pips to the upside after the 400 pip drop, will we see another sell-off? Or a run back to 162.000 and beyond? That's what we need to wait for, the confirmation sell candle closing on or near it's low to confirm more downside movement. It is reasonable to short this, but I would do it on the 4HR timeframe and wait for a long entry on the Daily timeframe. We should expect some support at 155.000, this trade waits for that second leg in the pullback from 162.000 to hit 155.000, give us a strong bull signal and confirmation candle to confirm a long entry around 156.000. Place the stop loss below 155.000 at 154.050, take profit #1 at 157.950 then move stop loss up to entry price, take profit #2 at 159.900, just before the key resistance of 160.000 which is also a psychological resistance. 💡 Trade Idea 💡 Long Entry: 156.000 🟥 Stop Loss: 154.050 ✅ Take Profit #1: 157.950 ✅ Take Profit #2: 159.900 ⚖️ Risk/Reward Ratio: 1:2 🔑 Key Takeaways 🔑 1. Three pushes up after the 152.000 support confirmation to the key level of 162.000 2. Double top reversal at 162.000 followed by a 400 pip drop; sell signal 3. Look for 50% pullback toward 160.000 and a rejection at that key level to manifest the second leg down to the 155.000 area. 4. Enter a 1:2 Risk/Reward long trade up to 159.900. 5. RSI near 41.00 and far below the Moving Average, supports pullback to the upside before another fall. 💰 Trading Tip 💰 The longer a trend continues after 3 legs, the probability of that trend continuing lessens. Because of this decreased probability, we ought to reduce our risk when entering trades and start looking for reversals. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and Follow to learn more about: 1. Reading Price Action 2. Chart Analysis 3. Trade Management 4. Trading Psychology
Long
by TraderEngineering
1
USDJPY! PPI not as friendly The Dow Industrial Average average can't close at a record but closes just above 40,000 The 2-10 year yield rises to -27.3 basis points. A close here will be highest since Jan 29 Crude oil futures settle at $82.21 Stock earnings for the quarter were kicked off. What's on tap for next week? What happens after the first rate cut. Recession? Stocks move lower? A number of currency pairs stretched to key target levels including the NZDUSD. What next? Keep an eye on China's Third Plenum meeting next week Japan's Kanda: Won't say whether intervention was conducted or not House Democratic leader Jeffries met with Biden yesterday. The read-out isn't glowing UMich July consumer sentiment 66.0 vs 68.5 expected Kickstart the FX trading day for July 12 w/a technical look at the EURUSD, USDJPY & GBPUSD
Short
by FXBANkthe8055
USDJPY → Trade Analysis | SELL SetupYou can expect a reaction in the direction of selling from the specified resistance zone USDJPY moving higher as it tests the strong resistance level.. We expect a bearish move from the confluence zone. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL 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 🤝
Short
by TheGrove
1
Japanese Yen dropped to its lowest level in nearly 4 decadesAll data supports LONG usdjpy ---- According to Nikkei, till now, Japanese institutional traders have now no longer poured capital into overseas markets on any such big scale. Banks offered simplest a internet 220.7 billion yen of overseas property withinside the first 1/2 of of this 12 months. Meanwhile, pension price range bought a internet of 9.forty three trillion yen withinside the identical period. The using pressure using the float of cash into foreign places property is the organization of retail traders who're changing their financial savings into investments to deal with inflation. Core CPI in Japan has always multiplied extra than 2% every month given that fall 2022. May CPI multiplied 2.1%, better than the BOJ`s goal of 2%. Currently, only a few monetary merchandise in Japan generate returns better than 2%. One-12 months deposits of as a minimum three million yen had hobby costs of simply beneathneath 0.1% in June. Japanese authorities bonds bought to retail traders had hobby costs of much less than 1% this month. The predicted dividend yield of Japanese shares in keeping with the Nikkei Stock Average is simplest 1.75%, nevertheless decrease than inflation. “Investment cash has a tendency to float to Western nations and elsewhere, in which monetary and company boom expectancies are high,” stated Soichiro Tateishi, an economist on the Japan Research Institute. When Japanese traders purchase shares or bonds denominated in USD via mutual price range with out a foreign money hedging strategy, they'll ought to promote yen to shop for USD. Accordingly, multiplied funding sports via NISA positioned even extra strain at the yen. Investors chickening out capital will assist the yen appreciate. However, NISA is a software primarily based totally on lengthy-time period investments, so the yen will now no longer be capable of get hold of momentum from here. Meanwhile, Japan's change deficit has lengthy been taken into consideration a structural issue inflicting the yen to fall. As an electricity importer, Japan has visible a change deficit for the reason that 2011 earthquake and tsunami, which pressured the u . s . to import extra electricity because of the closure of nuclear strength plants. From January to May 2024, Japan's change deficit stood at three.forty five trillion yen. This discern will boom to three.eighty three trillion yen while facts via mid-June are included. Some professionals have warned approximately the capital flight of retail traders. Meanwhile, the yen is buying and selling at a hundred and sixty for 1 USD, whilst at the start of the 12 months it became 140. One manner to show the scenario round is to boom the splendor of the Japanese inventory marketplace and different monetary merchandise. According to Shingo Ide, leader monetary engineer at NLI Research Institute, Japanese businesses “are beginning to make efforts to enhance profitability and capital efficiency.” However, Nikkei stated, any essential exalternate to the contemporary fashion will take a protracted time.
Long
by TheLeader_WOLF
USDJPY on 4-hr Timeframe (downtrend channel) (short for now)I have plotted out the key levels for resistance and support. Nearest Resistance: 160.82-160.87 Nearest Support: 160.26-160.30 Resistance Turned Support: 159.83-159.91 Major Support: 157.70-157.98 Scenario 1 ======== If Bullish Candlestick formed above 161.20 (Bull Flag Breakout), a continuation of Higher High will be around 162.70. Scenario 2 ======== If Bearish Candlestick Formed below 160.26, price will continue to correct to 159.83-159.91. Scenario 3 ======== Major Correction towards to 157.70-157.98 (probably takes 2-3 weeks to reach there).
Short
by PeterGHL