USDJPY REVERSE NOWEVERYTHING ON CHART please check my pre idea so you can understand better signals and analsys are free... and always will beLongby Wisam_AdilPublished 2
Live Trading Recap: USD/JPY Correction Phase TradeThis is a live execution of USD/JPY trade, demonstrating how to successfully execute a counter-trend strategy. This trade was all about understanding the market phases and recognizing the trend reversal at the right moment. To pull off a counter-trend trade, you need more than just technical skills—you need a solid grasp of trading psychology. Staying patient, trusting your analysis, and managing emotions during market swings are key to making informed decisions. Watch the video to see how I combined these elements to turn this trade into a win. Let me know your thoughts in the comments!19:39by Charts247TradingAcademyPublished 0
Fundamental Market Analysis for September 18, 2024 USDJPYEvent to pay attention to today: 15:30 GMT+3. USD - FOMC Rate Decision USDJPY: The USD/JPY pair saw a fresh wave of selling during the Asian session on Wednesday, with the pair dropping below 142.000 in the last hour. This reversed some of the gains made overnight and paused the recovery from the lowest level since July 2023, which was reached earlier in the week. Meanwhile, fundamental analysis indicates that the most probable outcome for spot prices is a decline, although market participants may exercise caution in placing aggressive wagers ahead of pivotal central bank events. The Federal Reserve (Fed) will announce its decision following its two-day meeting on Wednesday, with expectations that it will commence its policy easing cycle. The market will then turn its attention to the Bank of Japan's (BoJ) policy update on Friday, which will play a pivotal role in influencing the Japanese Yen (JPY) and provide fresh impetus to the USD/JPY pair. Meanwhile, cautious market sentiment and diverging expectations of future policy from the Fed and BoJ are driving safe-haven flows towards the JPY, exerting downward pressure on the USD/JPY. The market is pricing in the likelihood of a 50 basis point interest rate cut by the Federal Reserve, amid signs of easing inflationary pressures. This has the effect of overshadowing Tuesday's better-than-expected US retail sales data, which is not helpful for the US dollar (USD) in consolidating an overnight rebound from the 2024 low. Conversely, recent indications from Bank of Japan officials point towards a further interest rate increase by the Japanese central bank before the end of the year. This has been a significant contributing factor to the recent relative rise in the Japanese Yen, which has helped to create a favourable tone around the USD/JPY pair. Meanwhile, the JPY bulls appeared to remain undaunted by Japan's trade data for August, which revealed a notable decline in both exports and imports. Official data indicates that Japan's exports have risen for the ninth consecutive month, with an increase of 5.6% year-on-year in August. However, this growth is occurring at a slower pace than anticipated. This was accompanied by a much smaller-than-expected 2.3% rise in imports, which had little impact on the underlying bullish sentiment around the Japanese Yen. This indicates that the outlook for the USD/JPY pair in the near term is negative and supports the likelihood of a continuation of the recent downtrend. Trade recommendation: Trading mainly by Sell orders from the current price level.Shortby Fresh-Forexcast2004Published 1
Outlook on USDJPYTechnical Perspective: USDJPY rebounded above the 140.00 psychological support, a low seen in December last year. However, the price remains under pressure, holding below the Ichimoku cloud and 143.00 resistance. If USDJPY sustains its bearish momentum with a reversal below 143.00, a further decline to retest the 140.00 support and descending channel's lower bound might occur. Meanwhile, a break below 140.00 could prompt further weakness, with 137.00 as the next potential support. Conversely, if USDJPY breaks above 143.00, a further rise toward the channel's upper bound and 61.8% Fibonacci retracement near 144.50 might occur. Fundamental Perspective: U.S. retail sales unexpectedly rose by 0.1% in August, defying forecasts of a 0.2% decline, leaving markets divided over a 25 or 50 basis point rate cut by the Fed. The Fed's communication could impact the yen's trajectory, as a dovish stance may lead to further USD/JPY weakness. The Japanese yen's recent rebound amid expectations of narrowing interest rate differentials raises concerns for Japanese exporters as it could erode export competitiveness. On Friday, the Bank of Japan is expected to maintain current rates in its meeting, but investors will be vigilant for any hints of future hikes. Additionally, Japan's export growth has slowed, particularly in shipments to the U.S., and a widening trade deficit presents challenges, even as the tech sector remains resilient. Analysis by: Li Xing Gan, Financial Markets Strategist at Exness by lixing_ganPublished 2
USDJPY 15M Bullish IdeaDXY is about to gap down something huge! looking to take UJ as if fills and possibly runs from there. this is my favorite trade set up. stay tuned to see how it plays outLongby trader9224Published 0
[USDJPY] Long scenario activatedAfter the last analysis on FX:USDJPY , here is the final entry for my trade with a very beautiful rejection + TLB + BOS and for the chartists an H&S pattern. Great Trade !Longby ArnoSGPublished 1
USD/JPY rebounds after US retail sales beats estimateThe Japanese yen is down sharply on Tuesday. USD/JPY is up 0.73% today, trading at 141.64 in the North American session at the time of writing. On Monday, the yen pushed below 140 per dollar for the first time since July 2023. The yen has looked razor sharp, gaining 2.9% in the month of September alone. The yen has surged a massive 15% in the third quarter, the best-performing G-10 currency. The Federal Reserve is virtually certain to raise interest rates by at least 25 basis points on Wednesday. The Bank of Japan, which meets on Friday, is expected to keep rates on hold. The BoJ has been an outlier among the major central banks and is expected to continue tightening, which has boosted the yen. The BoJ has signaled that further rate hikes are coming and this could occur as soon as December. In the US, today’s retail sales release was the final key event ahead of the Federal Reserve meeting. Retail sales softened in August but the decline wasn’t as sharp as expected. Monthly, retail sales posted a small gain of 0.1% in August, down from a revised 1.1% in July but still better than the market estimate of -0.2%. On an annualized basis, retail sales eased to 2.1%, down from 2.9% in July and just below the forecast of 2.2%. The retail sales release is not expected to impact the Federal Reserve decision on Wednesday. The rate cut odds for a half-point cut stand at 67% according to the CME’s FedWatch tool, unchanged by the retail sales release. USD/JPY pushed above 141.17 earlier and is testing resistance at 141.72 There is support at 140.37 and 139.82by OANDAPublished 4
USD/JPY potential for Volatility with Upcoming Rate Decisions🔍 FX:USDJPY hitting potential support around 139.44, eyes on policy rates for the next big move! Will the yen's volatility surge with upcoming Fed & BoJ decisions? #USDJPY #Forex #YenMovementLongby ImmaculateTonyPublished 0
USD/JPY- Correction Phase with Potential TargetsThe main trend for USD/JPY is down, but the price is currently in a correction. We expect the secondary trend to continue. In the H1 timeframe, the wave structure suggests a higher high is likely. Target areas: T1: 141.64 T2: 142.28 H4 Target: 143.04 Stop Loss: 140.30Long15:41by Charts247TradingAcademyPublished 221
USDJPY - Buy SignalHello trades, I want to share with you my opinion about USDJPY. Looking at the chart we can see breakout from downtrend and onces the Market cross that resistance then I will buy. Guys, what do you think? Leave comment with your thoughts.Longby FX_Eagle9Published 8
USDJPY H4 | Bullish BounceBased on the H4 chart analysis, we can see that the price has just bounced off our buy entry at 140.36, which is an overlap support close to the 50% Fibo retracement. Our take profit will be at 141.41, which is an overlap resistance level close to the 50% Fibo retracement. The stop loss will be placed at 139.60, which is a swing low support 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. 62% 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. 59% 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. Longby FXCMPublished 2
USDJPYhere it is... will see if will go up... please check my pre idea so you can understand better signals and analsys are free... and always will beLongby Wisam_AdilPublished 1
USD/JPY - Yen Is Rising#trading_idea #USDJPY 💡 #USDJPY - Yen is Rising On the 4-hour chart, pair is in a strong downtrend within a descending channel, with the price testing its lower boundary. Current indicators like the Bollinger Bands suggest bearish momentum as the price nears the lower band, while the MACD (20, 26, 9) shows the MACD line below the signal line, indicating continued negative momentum. The Bull Bear Power (20) remains negative, reinforcing seller dominance, and recent bearish candlesticks with minimal upper wicks point to sustained selling pressure. 🔽The price is respecting the descending channel pattern, suggesting that if it breaks below 139.526 support, further downside to 139.00 is possible. 🔼Alternatively, a breakout above 140.269 resistance could lead to a test of the 140.547 level. 🔴 Click "👍" if you think the price will rise and "👎" if you think it will fall. ➡️GET $20,000 JUST FOR $99 Shortby sabiotradePublished 2
UJ SELL idea update - STILL LOWER POSSIBLE Weekly Wave + SMC In this extension of the original UJ Sell idea with Targets below, we back out to a weekly and look at a possible Running Flat (for Wave Traders) - we go over symmetry in the markets and aggressive corrections on weekly. Doc will show analysis for confluence and how we have targets still lower. Maybe don't 'buy the bottom yet'!! Finally a good example of lower timeframe trendline failure and how to avoid 'getting COOKED' Your trend is heading into a higher TF "BLOCKER" - its like a small car driving up to and then sitting on a train track.. you will get CRUSHED. Like and Boost this idea if you get anything from it and want me to do more of these! Happy Trading -- DocShort10:45by dochollidayPublished 1
USDJPY BEARISH TRENDAccording to Dow theory the the trend will continue and last candle of hanging man is also a second indication.so i use FIB for the entry Shortby muzairafzal1992Published 3
6RR MMBM Trade on a Monday's London sessionno caption, no commentory, just pure trade. Hope i can help you :)Long15:28by ictconceptsvietnamPublished 1
USD/JPY For Shortwait for entry point its best practice which we go with end of retracement and then go short - General Trend is Down -JPY is Stronger than USD have fun :)Shortby maxbaynePublished 1
Analysis of USD/JPY Price: Tests 14-month Lows; Break 140.00 levUSD/JPY continues to decline for the fifth consecutive day, trading around 140.30 during the Asian session on Monday. An analysis of the daily chart showed the USD/JPY pair moves downward within a descending channel, indicating a confirmed bearish bias. Furthermore, there is a downward momentum in the asset's price as indicated by the 72-day Exponential Moving Average (EMA), which is significantly above the market. The USD/JPY pair breaks below 140.25, the lowest level since July 2023, and breaks through the psychological level of 140.00 in terms of support. The pair is under pressure to test the next support level at 137.390 as a result, which strengthens the bearish bias. Upward, the 72-day moving average (EMA) at the level of 143.37 may present a hurdle for the USD/JPY pair. The bearish mood may lessen if the pair breaks above this EMA, which would lead it to target the upper resistance at 143.67.by softt_incPublished 0
Analysis of USD/JPY Price: Tests 14-month Lows; Break 140.00 levUSD/JPY continues to decline for the fifth consecutive day, trading around 140.30 during the Asian session on Monday. An analysis of the daily chart showed the USD/JPY pair moves downward within a descending channel, indicating a confirmed bearish bias. Furthermore, there is a downward momentum in the asset's price as indicated by the 72-day Exponential Moving Average (EMA), which is significantly above the market. The USD/JPY pair breaks below 140.25, the lowest level since July 2023, and breaks through the psychological level of 140.00 in terms of support. The pair is under pressure to test the next support level at 137.390 as a result, which strengthens the bearish bias. Upward, the 72-day moving average (EMA) at the level of 143.37 may present a hurdle for the USD/JPY pair. The bearish mood may lessen if the pair breaks above this EMA, which would lead it to target the upper resistance at 143.67.by softt_incPublished 0
USDJPY Long - But Don't Long Too EarlyBased on the prior price action, people are desperate to finally see some green candles. Psychologic wise they might think "it can't get even lower, it needs to reverse now". However, especially USDJPY is one of those pairs who tend to be a brutal liquidity seeker. Based on the news events this week, I believe there is a nice chance that we see a bounce, but from lower levels people are anticipating right now. We need to shift sentiment and lurk them into the wrong direction before we can have that up movement.Longby Entropie2020Published 0
USD/JPY Analysis: The Rate Falls Below 140 Yen per DollarUSD/JPY Analysis: The Rate Falls Below 140 Yen per Dollar Despite today's public holiday in Japan, yen buyers remain active. As shown on the USD/JPY chart, today's candle low has dropped below the psychological level of 140 yen per dollar. The last time this exchange rate was seen was on 28 July 2023. On 11 August, when analysing the USD/JPY chart, we: → drew a descending channel (shown in red); → plotted a resistance line (shown in orange); → predicted the possibility of a bearish attack on the 140 yen per dollar level. Current market sentiment is influenced by: → comments from Bank of Japan representative Junko Nakagawa, who stated last week that interest rates will continue to rise if economic and inflation forecasts align with expectations; → expectations of a rate cut from the Federal Reserve. A shift towards monetary easing now seems almost inevitable, with the main question being whether the rate will be reduced by 25 or 50 basis points. The technical analysis of the USD/JPY chart shows that the median of the descending channel acts as resistance (as indicated by the arrow). This suggests that bears remain in control. It's likely that these market sentiments will persist until Wednesday (21:00 GMT+3), when the Federal Reserve announces its decision – undoubtedly the key event of the week. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpenPublished 226
USDJPY FORECASTWe just need to look how price will behave at this key area. because structure are really awesomeLong04:36by Richard_MkudePublished 224