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Usdjpysignals

USDJPY Excellent multi-month buy opportunity here.The USDJPY pair has formed the bottom we expected on our last idea (August 22, see chart below) and seems to be finally giving us the long-term buy opportunity we wanted: The RSI has already formed a reversal pattern similar to the January 16 2023 bottom and the confirmation will come when the 1W MACD forms a Bullish Cross, a formation we only got twice in the past year and was a confirmed buy signal. Our Target remains 161.800, the symmetrical Resistance 1 level, similar to where the November 13 2023 High was priced. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
USDJPY Technical Analysis and Trade Idea 👀👉 The USDJPY pair has been experiencing downward pressure recently. While there may be a potential selling opportunity, it would be prudent to wait for the FOMC meeting and Federal Reserve rate cut announcement later today before making any trading decisions. If the data release outcome suggests a weakening US dollar, it could present a favorable opportunity to sell the USD/JPY pair. Conversely, if the data supports USD strength, it might be wise to abandon the trade idea altogether, as taking a counter-trend position could be risky. Disclaimer: This analysis is based on current market conditions and available information. Forex trading carries significant risk, and market conditions can change rapidly. Always conduct your own research, consider your risk tolerance, and consult with a licensed financial advisor before making any trading decisions. Past performance does not guarantee future results. 📉✅
by fxtraderanthony
USDJPY Strong buy opportunity long-term.The USDJPY pair has been trading within a long-term Channel Up since the October 17 2022 High. The recent 6-week correction below the 1W MA50 (blue trend-line) is its technical Bearish Leg in order to price new Higher Low. The pull-back even broke below the 1W MA100 (green trend-line) but recovered as it didn't close a 1W candle below it and now the price action has settled within the 1W MA50 and MA100. If we do get a 1W candle closing below the MA100, wait for a buy near the bottom of the Channel Up, with the least risky buy being after the 1W MACD makes a Bullish Cross (has confirmed the last 2 major long-term rallies). If it breaks above the 1W MA50 first though, the 1W MACD will most likely also complete its Bullish Cross earlier, so we will buy nonetheless, even though the reward potential will be less. In either case, our Target is Resistance 1 (as it was on the rally that peaked on the week of November 13 2023) at 161.800. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
USD/JPY: Seeking dips above 144USD bears are getting quite excited at the prospects of a dovish speech from Jerome Powell on Friday. Perhaps a bit too excited. Market pricing has been quite dovish for some time now, so he will really have to crank up the dovish music on Friday to justify the latest surge of USD selling. USD/JPY fell over -12.5% from the July high to August low, yet formed a higher low above the Dec/Jan lows. We suspect a deeper retracement against that initial drop could be due. However, momentum is trying to turn lower on the 4-hour chart. Out bias is bullish while prices remain above 144, and will seek dips towards that level. A false break of Monday's low could work nicely (assuming prices pull back that far), in anticipation of a move back towards 150.
Long
by CityIndex
1
UsdJpy could test 157,50 zone (250 pips rise)After an impressive 1000-pip drop in two weeks, USD/JPY reversed precisely from an old resistance level, now support at 152. At this point, we also see a higher low in place, and bulls seem determined to recover lost ground. In the overall trend, the 1000-pip drop is merely a correction and even if there will be a new leg down toward the important 150 level, a test of the 157.50 zone is probable. I remain bullish as long as the 152.80-153.00 zone holds intact. Buying dips below 154 could be a good strategy with a risk-reward ratio of more than 1:3.
Long
by Mihai_Iacob
2
The yen exchange rate jumped because speculators feared interven An ascending flag pattern appears, showing the recovery of USDJPY when news about the stock market or the recent presidential appointment continues to be good for the US market. The USD fell to its lowest stage in approximately 2 months, a improvement amplified via way of means of the pointy boom withinside the fee of the yen that triggered turmoil in worldwide foreign money markets withinside the buying and selling consultation on Wednesday and this morning (18 /7). Bloomberg Dollar Spot Index, an index of Bloomberg information organization that measures the USD alternate charge instantaneous marketplace, fell via way of means of 0.4% on Wednesday, to its lowest stage when you consider that past due May. This morning, the index persevered persevered to fall further, whilst the yen/USD alternate charge from time to time accelerated to 155.7 yen for 1 USD. In addition to the downward strain at the USD from the opportunity that americaA Federal Reserve (Fed) can also additionally decrease hobby costs in September, the yen additionally accelerated sharply because of hypothesis withinside the marketplace that Japanese government can preserve to interfere withinside the forex marketplace to assist the home foreign exchange charge. The yen has accelerated in fee via way of means of approximately 4% when you consider that closing Thursday - the time while Japanese government are stated to have intervened via way of means of promoting overseas foreign money into the marketplace. Japan`s Ministry of Finance and the Bank of Japan (BOJ) can also additionally have persevered to interfere on Friday. In addition, the yen additionally accelerated in fee due to the fact an influential Japanese flesh presser referred to as at the BOJ to elevate hobby costs to assist the yen alternate charge, and previous US President Donald Trump issued a caution approximately the devaluation fashion of the yen. yen - a component that allows Japan advantage a higher aggressive role in exports. Before this recovery, the yen closing week fell to almost 162 yen in line with USD, its lowest stage in 38 years. Fluctuations withinside the USD/Japanese yen alternate charge appear to have had a robust effect on different USD foreign money pairs - in step with leader strategist Valentin Marinov of Credit Agricole bank.
Long
by TheLeader_WOLF
USDJPY But signal when the 1D MA50 breaks.Last time we looked at the USDJPY pair (May 22, see chart below), it gave us a solid buy signal at the bottom of its Channel Up: Since then the price got rejected on Resistance 1 (161.950), forming a Diverging Higher Highs trend-line and pulled back below the 1D MA50 (blue trend-line) and at the bottom of the (blue) 7-month Channel Up. Once the price breaks above the 1D MA50 and better yet the 1D RSI breaks above its MA period (yellow), we will have a new buy opportunity at our hands as in the past 4 occasions that has taken place, it was the absolute bullish break-out confirmation. If it does again, we will buy and target 163.000 (contact with Diverging Higher Highs trend-line). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
USDJPY ( TRADING BELOW CHANNEL ) ( 4H )USDJPY HELLO TRADERS TENDENCY : the price stabilizing below turning level , indicates is under bearish pressure . TURNING LEVEL : the price around 159.099 , if the price trading below this level reach a support level , but if breaking this level reach a resistance level . PRICE MOVEMENT : the price in previously it can be breakout a channel , currently price 158.410 , as long as the price stabilizing below this level reach a support level my goal 157.682 PRICE ACTION : SHORTCONDITION : the price trading below turning level at 159.099 , as long as the price trade below this reach a support level at 157.682 , and stabilizing below this level reach a 156.571 SHORT CONDITION : if the price breaking turning level , price reach a resistance level at 159.849, the stable above this level reach a 160.807 TARGET LEVEL : RESISTANCE LEVEL : 159.849 , 160.807 . SUPPORT LEVEL :157.682 , 156.57 .
Short
by ArinaKarayi
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 ( BREAKOUT ) ( 4H )USDJPY HELLO TRADERS after publish a CPI news the price dropping , breakout a channel Tendency after the price breakout , indicates the price is under bearish pressure TURNING LEVEL : there is a black line around 159.827 , indicates if the price trade below this level reach a support level , but if the breaking turning level reach a resistance level RESISTANCE LEVEL: there is a green line around 160.834 , indicates selling have already increase this level , when you reach this level buyer have more supply for OANDA:USDJPY USDJPY SUPPORT LEVEL : there is a red line around 157.940 , indicates buying have already increase this level , when you reach this level selling have more demand for OANDA:USDJPY PRICE MOVEMNET : the price stabilizing below turning level around 159.827, in my opinion until the price trade below turning level ,indicates selling have more demand for OANDA:USDJPY , so reach a support level at 157.940 , then breaking this level reach a next target at 156.534, if the price breaking turning level , indicates buyer have more supply for OANDA:USDJPY , so if the price breaking turning level by open 4h candle reach a resistance level at 160.834 , then stabilizing this level reach 161.937 TARGET LEVEL : RESISTANCE LEVEL : 160.834 , 161.937 SUPPORT LEVEL : 157.940 ,156.534
Short
by ArinaKarayi
USDJPY ( DOWNWARD PRESSURE ) ( 4H )USDJPY HELLO TRADERS in the last chart the price reach first target , know trying to reach a turning level before dropping Tendency the price is under bearish pressure , after stabilizing below turning level at 161.126 TURNING LEVEL : a blue line between resistance and support level around 161.126 , indicates if the price stabilizing below this level reach support level , if the breaking turning level reach a resistance level RESISTANCE LEVEL : there is a green line around 161.840 , if the price breaking turning level reach this target , indicates selling have already increase this level SUPPORT LEVEL : there is a red line below turning level around 159.814, indicates buying have already increase this level , so until the price trade below turning level reach this target PRICE MOVEMENT : maybe first the price will trying to rising turning level around 161.126, after dropping to the support level at 159,814 , then stable below this level reach 158.755 , if the price breaking turning level reach a resistance level at 162.126 , breaking this level reach a new resistance level at 162.727 TARGET LEVEL : RESISTANCE LEVEL : 161.840 , 162.727 SUPPORT LEVEL : 159.814,158.755
Short
by ArinaKarayi
UsdJpy- Don't p..s against the wind!If there has been a clear trend in the past two years, it has been the devaluation of the JPY. Despite some corrections, even very deep ones, the trend has always resumed, leading to new lows for the JPY. One of these deeper corrections occurred at the end of last year, triggered, as always, by JPY repatriation. However, as shown on the chart, the beginning of 2024 saw the resumption of the upward move. Only the BoJ intervention at the end of April and beginning of May at the 160 level stopped the ascent. The chart shows that the pair has been acting very technically since then, with the drop stopping and reversing precisely at the horizontal support that was previously resistance. Since then, USD/JPY has started making higher lows again and is now trading around 160. Only time will tell if the BoJ will be determined to defend this level but, in my personal opinion, it is better to look to buy on dips (around 158) rather than sell at this resistance, hoping for another intervention.
by Mihai_Iacob
USDJPY ( UNDER BEARESH PRESSURE ) ( 4H )USDJPY HELLO TRADERS Tendency the price is under bearish pressure , after stabilizing below turning level at 161.524 TURNING LEVEL : a blue line between resistance and support level around 161.524 , indicates if the price stabilizing below this level reach support level , if the breaking turning level reach a resistance level NEW RESISTANCE LEVEL : there is a green line around 162.412 and 163.207 , if the price breaking turning level reach this target SUPPORT LEVEL : there is a red line below turning level around 160.610 and 159.815 , indicates buying have already increase this level , so if the price breaking turning level reach this target PRICE MOVEMENT : maybe first the price will trying to rising turning level around 161.524, after dropping to the support level at 160.610 , then stable below this level reach 159.815 , if the price breaking turning level reach a new resistance level at 162.412 and 163.207 TARGET LEVEL : RESISTANCE LEVEL : 162.412 , 163.207 SUPPORT LEVEL : 160.610 ,159.815
Short
by ArinaKarayi
2
USDJPY Channel Up aiming higher.The USDJPY pair has been trading within a Channel Up since the December 28 2023 market bottom and has started the new Bullish Leg on the May 03 2023 bounce (Higher Low) on the 1D MA50 (blue trend-line). The previous two Bullish Legs rose on average by +8.00%, so we expect a similar development. As a result we are bullish, targeting 163.000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
Timing the BOJ's next intervention? We have seen 2 interventions from the BOJ over the past 2 weeks. The first came when the USDJPY hit between 158.000 and 160.000 and the second when it hit almost 158.000. With the BOJ warning that it is ready and willing to step in again, how smart is it to try to catch the ride down if or when the BOJ steps in again? Finance Minister Shunich Suzuki reiterated the authorities' readiness to counter excessive foreign exchange fluctuations. At the same time, Bank of Japan Governor Kazuo Ueda expressed intent to assess yen movements' impact on inflation for guiding policy decisions. "Foreign exchange rates make a significant impact on the economy and inflation,” Ueda underscored in response to questions in parliament yesterday. But this is perhaps a slightly different story, but still, something for traders to consider. Last week, BOJ data suggested it had spent $60 billion to defend the yen. But all this has done, according to some analysts, is buy the Japanese authorities time, with the USDJPY steadily climbing back to intervention levels (given the substantial interest rate difference between Japan and the US). But can we expect the BOJ to intervene again and again? US Treasury Secretary Janet Yellen emphasized interventions should be infrequent and ideally coordinated with the broader central banking community, or at least signaled in advance. So, the BOJ will be wary of its international reputation too.
by BlackBull_Markets
USDJPY Top of Channel Up. Sell signal.The USDJPY pair has been trading within a Channel Up pattern since the July 14 2023 Low on the 1D MA200 (orange trend-line). Currently it is about to exhaust the 2nd Bullish Leg of this Channel as it approaches its top (Higher Highs trend-line). It begun with a Low on the 1W MA50 (red trend-line) and then a Higher Low on the 1D MA200. With the 1D RSI overbought for the first time since July 05 2023, we are turning bearish on USDJPY after a long time but only for the short-term. Our target is 146.500 (Support 1). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
1