USDJPY BUY OPPTUNITY AT 4HUSDJPY BUY OPPTUNITY AT 4H Inside bar has been breakthrough upward, Therefore, Long USDJPY when the price pull back around 142.15 SL: 141.7 TP:143.5Longby tntsunrisePublished 17
UJ BuyPrice tapped into our major demand zone which was drawn off the D time frame then refined on 4H. Could have placed an entry yesterday but delayed. However, it still looked good with proper application of RRLongby Limitless_ZWPublished 1
Rising wedge triple TPHi there! If this pattern works than we have 3 clear entry leveles and targets and how to play! Take care at wave D and E fort stop grabbers! Good luck tradersShortby tommyboxfxPublished 3
USDJPY Technical AnalysisWhen the USDJPY 4-hour chart is examined; It is observed that the price movements continue below the triangle formation. As long as the USDJPY level of 146.826 cannot be passed upwards, it is evaluated that in price movements below the level of 144.071, it can break down to the level of 140.726 and retreat to the level of 134.941.Shortby profitakePublished 4
USDJPY Will Go UP!USD-JPY was falling down But now we are seeing a Bullish breakout of the Falling resistance line So we are locally Bullish biased and we Will be expecting a Local move up!Longby kacim_elloittPublished 2212
USD/JPY Breakout: Eyeing the Next Resistance Target on 1-Hour On the 1-hour time frame, USD/JPY has broken through a resistance level. If this breakout holds, the next target could be the higher resistance zone. Watching for confirmation to see if the upward momentum continues.Longby rebenga93Published 4
USDJPY - signs of downside capitulation now on display. USD/JPY finished flat overnight at 142.36 (-0.07%), bouncing back from an intraday low of 140.71 in response to US inflation data, which bolstered US yields. The rebound has left signs of downside capitulation at the 140.71 low, supported by bullish divergence on the RSI indicator, opening the way for a recovery back towards 145.50ish. Longby IG_comPublished 3
USDJPY Short (Idea)Shorting started at 62% will take 2 more at the above areas aiming for the 27%. happy trading IAMShortby MillionaireMind717Published 117
LOOKING AT USD JPY , A GOOD TERM BUY FOR A BULLISH DXY.The current market is favoring the green buck for a buy, so prepare to expect higher prices, I am using the higher time frame to look at the price, we might buy for 150 pips plus until external liquidity rests above the price Longby Diaz_EpicsPublished 1
usdjpy long Trend Analysis: Uptrend Confirmation: Look for higher highs and higher lows on the H4 chart. This indicates a strong uptrend. Trendlines: Draw an upward sloping trendline connecting the recent lows. If the price respects this trendline, it confirms the bullish trend. Moving Averages: 50 and 200 EMA: If the 50-period EMA (Exponential Moving Average) is above the 200-period EMA, it signals a bullish trend. Additionally, if the price is trading above both EMAs, it further confirms the bullish sentiment. Support and Resistance Levels: Support: Identify key support levels where the price has previously bounced. These levels can act as a floor for the price. Resistance: Look for resistance levels that the price needs to break through to continue its upward movement. Candlestick Patterns: Bullish Engulfing: A bullish engulfing pattern near support levels can indicate a potential reversal to the upside. Hammer: A hammer candlestick at the bottom of a downtrend can signal a bullish reversal. Technical Indicators: RSI (Relative Strength Index): An RSI value above 50 indicates bullish momentum. If the RSI is approaching the overbought zone (above 70), it suggests strong bullish momentum but be cautious of potential pullbacks. MACD (Moving Average Convergence Divergence): A bullish crossover (when the MACD line crosses above the signal line) can indicate a potential upward move. Volume Analysis: Increasing Volume: An increase in volume during upward price movements confirms the strength of the bullish trend.Longby Mansa_Musa_CapitalPublished 5
USD/JPY: Reversal Signal or More Downside? The Japanese yen has tested prices below 141, an eight-month low for the pair. But eventually pulled back above 142. From a technical perspective, this long wick might look to some traders to be the start of a small reversal before its eventual sojourn lower. Rom a fundamental perspective, US Consumer Price Index (CPI) came in a few hours ago lower than expected. Which means the US Federal Reserve might forgo a 50bps cut in favor of a 25bps next week. This might help support the US dollar in the face of yen strength. Now we have US Producer Price Index (PPI) to look forward to on Thursday. The Yen against Euro could be interesting to keep an eye on too in the lead up to the European Central Bank (ECB) decision. On Thursday, the ECB is expected to cut its interest rate to 3.5% from 3.75%. by BlackBull_MarketsPublished 2
USD/JPY RSI Divergence, Pullback PotentialBears have had ample opportunity to run a big picture breakdown in USD/JPY and given the fundamental backdrop, with the FOMC getting closer to starting a rate cut cycle, that scenario would seem to fit. But sellers have seemingly continued to fail after another bear trap set up last night. At this point, there's pullback potential in the pair as short-term dynamics have retained an oversold feel, and RSI on the four-hour chart has shown divergence which indicates that possibility. This puts the focus back on resistance at levels like 143.45 or 145.00. - jsby FOREXcomPublished 5
USDJPY bullishUSDJPY making falling wedge bullish divergence buy stop above last LH SL below LLLongby fay_pasaiPublished 5
USDJPY completes decline started in JulyI can count 5 waves down from the July 2024 highs. That means I expect the pair to bounce at current levels in a corrective fashion, towards the 150 level. BUY at 142.500 SL at 140.750 TP at 150.00 (to be adjusted)Longby dscharalampidisPublished 1
USD/JPY drops below 141, US CPI drops to 2.5%The Japanese yen has extended its gains on Wednesday. USD/JPY fell as low as 140.70, its lowest level this year, before paring much of the losses. In the North American session, USD/JPY is trading at 141.71 at the time of writing, down 0.52% on the day. The hotly-anticipated US inflation report didn’t shake up the markets as it was pretty much as advertised. Headline CPI eased to 2.5% y/y in August, down from 2.9% in July and matching expectations. This was the fifth straight decline in headline inflation. Monthly, CPI was unchanged at 0.2%, in line with the market estimate. Core CPI was unchanged at 3.2% y/y, matching the market estimate. Monthly, the core rate ticked up to 0.3%, up from the July gain of 0.2% and the market estimate of 0.2%. The inflation report comes just one week before the Federal Reserve meeting on Sept. 18. Market rate cut odds have been swinging wildly as it remains unclear whether the Fed will cut by a modest 25 basis points or a jumbo 50-bps cut. The odds of a 50-bps move surged to 59% after the soft nonfarm payroll report on Friday, but were down to 27% just prior to today’s inflation report and have fallen to 15% following the release, according to the CME’s FedWatch. This puts the likelihood of a 25-bps cut at 85%, although we’re likely to see the odds continue to shift in the days ahead. The Bank of Japan meets on Sept. 20, two days after the Fed meeting. The BoJ is looking to continue tightening but will likely stay on the sidelines next week, as BoJ officials have ruled out a rate hike while the financial markets are unsteady. That could mean that the BoJ will push off a rate hike until December or January. USD/JPY tested support at 141.54 earlier. Below, there is support at 140.79 There is resistance at 142.80 and 143.31by OANDAPublished 2
USDJPY AnalysisMy thoughts on this pair right now is that price just hit a weekly zone so there's a chance it could retrace back to my Daily Zone or even the Weekly Structure, just depends on how it respects this current zone. Looking at DXY I see price recently retested 100.701 area and is now kind of hovering the 101.8-101.900 area after breaking above 101.455-101.545 structure I had, so the likely hood of DXY continuing bullish seems to be in the cards so I'll keep that in mind especially with the high impact new coming in on Thursday. With that being said if price breaks bearish I'll definitely be looking for the transition entry further to the downside.by publicsoldierPublished 1
USDJPY Short on Rate PathContinuing the descent, CPI did not change rate viewpoints at least for the sensible 25bps cut. These are the setups you take. Bounce tight key fib level AND 50 MA. Holding for 150 PIPS target. Check out my previous USDJPY short analysis for target on longer range horizon.Shortby Primetrdr88Published 441
USDJPY - 4hrs ( Buy After Break Out Tp Range 400 PIP ) Pair Name : USD/JPY Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money Key Technical / Direction ( Long After Break Out ) Type : Mid Term Swing ——————————— Bullish Break 142.650 Reasons - Major Turn level - Fixed Range hvn - Inner Trend Break - Visible Range Hvn - inner Choch / 4hrs - Harmonic Pattern Bearish Reversal 147.200 Area Reasons - Major Turn level / W - Visible Range Lvn - Fixed Value - Choch - Pattern Target - Quarters AreaLongby GoldenEnginePublished 18
USDJPY - at most expensive region of the months? Next??#USDJPY.. market just reached at his most expensive region of the decades. Don't be lazy here guys and keep close. The region is 140.50 to 141 around And if market hold it then bounce expect d from here. And one thing more keep in mind that if market didnot hold it then CUT N REVERSE keep in hand on confirmation. Good luck Trade wisely by AdilHussain731333Updated 10
USDJPY Key Analysis | Levels For Entry And ExitUSDJPY full runover pre CPI. Important news may feed direction.07:00by WillSebastianPublished 7
USD/JPY Maintains Bearish Trend Ahead of CPI ReleaseUSD/JPY Maintains Bearish Trend Ahead of CPI Release The overall trend remains bearish as long as the price stays below 142.100, with downside targets at 140.300 and potentially 138.470. A corrective move toward the pivot line at 142.100 is possible before the bearish trend resumes. However, if the price stabilizes above 142.100 with a 4-hour candle close, a bullish move could extend toward 143.680. In general, if the CPI is released as expected around 2.5%, this would support a bearish trend for USD/JPY. Key Levels: Pivot Line: 142.100 Resistance Levels: 143.680, 145.038 Support Levels: 140.300, 138.460 Expected Range: 142.100 - 138.460 Trend: Bearish while below 142.100. Shortby SroshMayiPublished 5
Holding Lines Both short and long Treasury yields are telling us something is wrong. And it's not just the end of inflation, rates are discounting a much more massive cut than one might assume for a "simple" slowdown or recession. There is something big that has already surfaced at the beginning of August, but which has not yet materialized. But it's swelling. Here are some of the sealing lines that should act as signalsby mgiulianiPublished 111
USDJPY / TRADING BELOW RESISTANCE TRENDLINE - 4HUSDJPY / 4H TIME FRAME HELLO TRADERS USDJPY , is currently trading below the turning level of 145.446 and remains below the resistance trendline, indicating downward momentum. There are two potential scenarios: The first scenario, Current price is trading below the resistance trend line at 145.446, If the price remains below this level, it is expected to decline , Target levels for this decline are 142.226 and, potentially, 140.745. The second scenario , If the price breaks above the resistance trend line at 145.446 and stabilizes above it , It suggests a potential increase , Target levels for the increase are 147.516 and, potentially, 149.310. UPWARD LEVEL : 147.516 , 149.310. DOWNWARD LEVEL : 142.226 , 140 .745.Shortby ArinaKarayiUpdated 10