JPYUSD trade ideas
USDJPY FORECAST - JEVUSDJPY has been and is currently trading between $160 and $140 since December 2023.
Optimal buy entry will be at ~$140. Sell entries will be at ~$160.
The buy entry at $140 is justified by the apparent demand at that zone for major buyers. Technically, this is corroborated by the consistent Yellow line on the TDI indicator (1hr TF) trending beneath the 30 line level each time price reaches that level; ~$140. Additionally, validation of a continued upward trend is supported with the recovery of the US Dollar since Pres. Trump has expressed confidence that he is close to making trade deals with a number of trading partners.
TP = $155
SL = $137.30
USDJPY ANALYSISUSDJPY has been and is currently trading between $160 and $140 since December 2023.
Optimal buy entry will be at ~$140. Sell entries will be at ~$160.
The buy entry at $140 is justified by the apparent demand at that zone for major buyers. Technically, this is corroborated by the consistent Yellow line on the TDI indicator (1hr TF) trending beneath the 30 line level each time price reaches that level; ~$140. Additionally, confirmation of the upward trend and validation of the upward trend is supported with the recovery of the US Dollar since Pres. Trump has expressed confidence that he is close to making trade deals with number a of trading partners; Japan being of such.
TP = $155
SL = $137.30
Bearish reversal?USD/JPY is rising towards the resistance level which is a pullback resistance that is slightly above the 50% Fibonacci retracement and also lines up with the 61.8% Fibonacci projection and could reverse to from this level to our take profit.
Entry: 144.37
Why we like it:
There is a pullback resistance level that lines up with the 61.8% Fibonacci projection and is also slightly above the 50% Fibonacci retracement.
Stop loss: 145.43
Why we like it:
There is a pullback resistance level that is slightly above the 61.8% Fibonacci retracement.
Take profit: 142.20
Why we like it:
There is a pullback support level.
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The Consolidation Zone and the UncertaintyIn this trade, I’m going to enter with a short position.
Analyzing the pair on the higher time-frames, it has reached a reversal zone for the second time, previously located around the 158.874 price level.
Moving to the daily time-frame and after the pair hit that same area twice again, there’s the possibility of opening a sell position — but a few points should be considered:
**1st point: Pay attention to the reversal the pair is currently making after reaching the area near 139.576 *and try to understand whether a future pullback might occur, which would strengthen the case for the sell (a Fibonacci tool can be used as support for this).
*Something similar happened between January 16, 2023 and December 28, 2023.
**There’s also the chance that the pair might continue its downward movement without making a reversal or pullback.
2nd point: There’s also a possibility that the pair is in a consolidation zone and could later make a strong bullish move, breaking through the reversal zone around 158.874 and invalidating the selling opportunity.
Taking everything mentioned above into account — and despite the uncertainty around this pair’s future movement — it’s possible to consider both buying and selling at different moments. That’s why it’s important to closely monitor all the movements and try to time it right, because I believe that when the pair chooses a direction, it’ll move with strength.
In this analysis, several moving averages and a Parabolic SAR were also used, and they should be given close attention.
TOP DOWN ANALYSIS ON USDJPY DAILY BIASOn the Daily timeframe, price reacted to the major zone and reversed upwards, rhyming with the established bullish bias on the monthly/weekly timeframe, price is currently sitting on the daily trend line almost broken but we will head to the 4hr timeframe for further confirmation.
USDJPY Analysis Today: Technical and Order Flow !In this video I will be sharing my USDJPY analysis today, by providing my complete technical and order flow analysis, so you can watch it to possibly improve your forex trading skillset. The video is structured in 3 parts, first I will be performing my complete technical analysis, then I will be moving to the COT data analysis, so how the big payers in market are moving their orders, and to do this I will be using my customized proprietary software and then I will be putting together these two different types of analysis.
The beginning of the carry trade unwind part 2?If we look at the chart, the current structure looks very similar to what happened right before the market decline in August.
We've formed a head and shoulders (albeit not perfect as it's slanted), and price seems to be breaking down.
If price action accelerates to do downside, it's likely to take the market with it just like it did the last time.
Paying attention to this over the coming weeks.
USDJPY: Bulls Eye Key Support as Trade Optimism Lifts DollarHey Traders, We are currently monitoring USDJPY for a potential buying opportunity as price approaches the 143.200 level, an important area that has acted as both support and resistance in recent sessions. Technically, the pair remains in a well-defined uptrend, and this pullback appears to be part of a healthy correction phase rather than a trend reversal. The 143.200 zone also aligns with a dynamic trendline support, increasing the likelihood of a bullish reaction if price holds above this level. From a fundamental perspective, recent developments have started to tilt in favor of the dollar. News of progress toward a trade agreement between the U.S. and India has sparked optimism, as it may lay the groundwork for similar deals with other key global partners. This has been compounded by unconfirmed reports out of China suggesting potential tariff exemptions in specific sectors, which has further boosted investor sentiment and triggered a broader “risk-on” shift in markets. As geopolitical tensions around trade show signs of easing, the U.S. dollar is regaining strength, fueling the case for further upside in USDJPY. Taken together, the convergence of technical support and improving macroeconomic signals presents a compelling opportunity for bulls, provided we see signs of price stability or a confirmed bounce near the 143.200 area.
Trade safe, Joe.
USDJPY Weekly Rejection at Support-Revisit Bearish Order Block?USDJPY pair last trading week got rejected at the same level that the pair has previously acted as a support level. Will this rejection cause USDJPY to rally towards a bearish order block above 147.50?
Risk Zones: 146.50
N.B!
- USDJPY price might not follow the drawn lines . Actual price movements may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
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USDJP WEEKLY UPDATESHello folks, if you're following
this idea since, then the higher chances are, you win the trade on my short idea before.
Now I'm expecting lows again, This idea is on weekly gap to be filled.
Chart are on 4HTF. this idea are on weekly.
It might retrace, but the weekly timeframe still on bearish.+
This is not a financial advice, follow for more.
Why Yen — When the Dollar Pays 4.5%?USD/JPY recently dropped to its lowest level since September 2024, hovering near the weekly moving average. The market buzzes with concerns over potential U.S. instability and speculation that a Trump administration could weigh on the dollar — prompting some investors to seek safety in the yen.
However, the yield story tells a different tale.
The U.S. still offers an attractive 4.5% overnight interest rate, while Japan lags far behind at just 0.5%. With USD currently undervalued, the yield differential may once again tilt investor preference back toward the dollar.
Looking ahead, a potential rebound toward resistance at 148.639 could be in play in the coming weeks.