Cyber Monday saleUp to 70% OFF

Japanese Yen / U.S. Dollar

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

JPYUSD trade ideas

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.
Long
by Fresh-Forexcast2004
Fundamental Analysis 11/21/24Hello, Welcome back to another fundamental analysis of our foreign exchange pairs. My name is Miles Johnson, and I am a price action trader. Today, I have observed that most of our fundamental indicators are not aligning with our potential trading setups. This presents additional risk to any trades we may initiate. Therefore, please exercise caution and adjust your risk management accordingly. During our chart review today, it appeared that JPY was the dominant currency and exhibited strength. Consequently, I will be focusing on JPY pairs and cross-referencing them with weaker currencies to identify potential trading opportunities with the lowest risk. It is important to note that not all of our valid setups will exclusively be paired with currencies that have projected weakness. Fundamentals do not solely indicate market performance; rather, they serve as a confirmation of market power. Therefore, it is crucial to consider this aspect when evaluating fundamental indicators. thank you,
by milesjohnson778
USDJPY Daily Analysis: Slight Bearish Bias Expected Amid Safe-HaUSDJPY Daily Analysis: Slight Bearish Bias Expected Amid Safe-Haven Demand and Fed's Dovish Tone 21/11/2024 Introduction USDJPY is projected to hold a slight bearish bias today, driven by the strength of the Japanese yen as a safe-haven asset and the persistent dovish stance from the U.S. Federal Reserve. Weakening U.S. economic indicators and geopolitical concerns further fuel bearish sentiment, providing downward pressure on the currency pair. This article explores the fundamental and technical factors shaping USDJPY’s performance and offers insights for forex traders. --- Key Drivers Influencing USDJPY Today 1. Increased Safe-Haven Demand for the Japanese Yen The Japanese yen (JPY) remains supported by ongoing safe-haven demand amid global uncertainties. Heightened geopolitical tensions and concerns about slowing global growth have led investors to flock to the yen, exerting downward pressure on USDJPY. 2. Dovish Federal Reserve and Weak U.S. Dollar The U.S. dollar (USD) continues to struggle as the Federal Reserve signals a cautious stance on monetary tightening. Recent U.S. data, including softer retail sales and cooling inflation, reinforce expectations that the Fed will maintain a pause in interest rate hikes. This dovish sentiment weakens the USD, further contributing to the bearish outlook for USDJPY. 3. Japan’s Stable Monetary Policy The Bank of Japan’s (BoJ) commitment to its ultra-loose monetary policy remains unchanged. However, speculation about potential tweaks to its yield curve control strategy has bolstered the yen’s strength, adding to the bearish tone for USDJPY. 4. Technical Weakness in USDJPY From a technical perspective, USDJPY has broken below key support levels, with momentum indicators suggesting further downside potential. --- Technical Analysis Indicators Moving Averages and RSI USDJPY is trading below its 50-day moving average, signaling sustained bearish momentum. The Relative Strength Index (RSI) is trending lower but remains above oversold levels, indicating room for further declines without a reversal. MACD and Support Levels The MACD shows a bearish crossover, underscoring the pair’s downward momentum. The next significant support level lies at 147.00, which, if breached, could open the door for additional declines. --- Conclusion With strong safe-haven demand for the yen, dovish Federal Reserve signals, and bearish technical indicators, USDJPY is likely to maintain a slight bearish bias today. Traders should monitor U.S. economic releases and geopolitical developments, as they could introduce volatility and influence sentiment. --- SEO Tags: - #USDJPYforecast - #USDJPYanalysis - #USDJPYtechnicalanalysis - #ForexTradingUSDJPY - #JapaneseYenStrength - #USDWeakness - #USDJPYtoday - #ForexMarketOutlook - #USDJPYprediction
Short
by PERFECT_MFG
SHORT SIGNAL - DAYTRADINGThe main participants in this market are the larger international banks. Financial centers around the world function as anchors of trading between a wide range of multiple types of buyers and sellers around the clock, with the exception of weekends. Since currencies are always traded in pairs, the foreign exchange market does not set a currency's absolute value but rather determines its relative value by setting the market price of one currency if paid for with another. Ex: 1 USD is worth X CAD, or CHF, or JPY, etc.
Short
by GOLDBERG_INVESTMENT
USDJPY Daily Analysis: Slight Bearish Bias Anticipated Amid SafeUSDJPY Daily Analysis: Slight Bearish Bias Anticipated Amid Safe-Haven Yen Demand and Weaker U.S. Dollar 20/11/2024 Introduction The USDJPY currency pair is expected to maintain a slight bearish bias today, driven by safe-haven flows into the Japanese yen (JPY) and continued softness in the U.S. dollar (USD). Geopolitical uncertainties, a dovish Federal Reserve outlook, and stable Bank of Japan (BoJ) policy are contributing to downward pressure on the pair. This article provides a detailed analysis of the key factors influencing USDJPY and offers valuable insights for traders navigating today’s market conditions. --- Key Drivers Influencing USDJPY Today 1. Increased Demand for Safe-Haven Yen The Japanese yen remains supported by its status as a safe-haven currency amid lingering geopolitical risks and mixed global economic conditions. Recent concerns surrounding slowing growth in key economies have fueled risk aversion, prompting investors to favor the yen, which puts downward pressure on USDJPY. 2. Weaker U.S. Dollar Amid Dovish Fed Signals The U.S. dollar continues to face headwinds as the Federal Reserve maintains a cautious tone regarding future rate hikes. Softer-than-expected inflation data and moderated labor market growth have reinforced expectations that the Fed will keep rates steady, reducing demand for the USD and creating a bearish setup for USDJPY. 3. Stable BoJ Policy and Speculation on Tweaks The Bank of Japan’s (BoJ) commitment to its ultra-loose monetary policy remains intact. However, growing speculation that the BoJ could adjust its stance in the future if inflation remains persistent has lent support to the yen. This dynamic further enhances the bearish pressure on USDJPY. 4. Technical Indicators Aligning with Bearish Momentum USDJPY’s technical setup reflects bearish sentiment, with the pair trading below key moving averages and showing negative momentum on key indicators like the RSI and MACD. --- Technical Analysis Indicators Moving Averages and RSI USDJPY is trading below its 50-day moving average, signaling ongoing bearish momentum. The Relative Strength Index (RSI) remains in a downward trajectory but stays above oversold territory, indicating room for further declines without an imminent reversal. MACD and Volume Trends The MACD shows a bearish crossover, confirming downside momentum. Additionally, volume analysis highlights increased selling activity, aligning with the overall bearish outlook for today. --- Conclusion With strong safe-haven demand for the yen, dovish signals from the Federal Reserve, and bearish technical indicators, USDJPY is likely to sustain a slight bearish bias today. Traders should remain attentive to any surprises in economic data or geopolitical developments that could shift sentiment. --- SEO Tags: - #USDJPYforecast - #USDJPYanalysis - #USDJPYtechnicalanalysis - #ForexTradingUSDJPY - #JapaneseYenStrength - #USDWeakness - #USDJPYtoday - #ForexMarketInsights - #USDJPYprediction
Short
by PERFECT_MFG
USDJPY H1 | Bearish Reversal Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 155.575, which is an overlap resistance close to 61.8% Fibonacci retracement. Our take profit will be at 154.51, an overlap support level. The stop loss will be at 156.62, a swing high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
usdjpyUSD/JPY mitigating in a daily order block demand area means the price is retracing into a zone of institutional buying interest where previous unfilled buy orders might reside. This mitigation process often results in consolidation or bullish reactions as these orders are triggered, potentially setting the stage for an upward move. Traders watch for signs of rejection, such as wicks or bullish candlestick patterns, as confirmation to enter long positions, with stops placed below the demand zone's low. However, if the zone fails to hold, it could signal bearish continuation, requiring careful risk management.
Long
by junrietadle2
1
UsdJpy Trade IdeaWith UJ coming back underneath a resistance level from a previous range I decided to short the pair for a 1:3rr. We had a clean bearish flip once price came above the resistance with price failing to continue bullish structures. USD had news at 8:30 but bearish structures still held. If all goes well we could expect price to tap back into the support range around 152. Just around 152 is a weekly level of resistance that has been respected multiple times so having targets around that level would be ideal.
Short
by OfficialJ23