Usd/jpy - 5-0 formation I mentioned the possibility of a bullish cypher in the long term, but before that, the price may show an upward movement again with a 5-0 in the smaller time frame.Longby Japon_Ev_Hanimi224
USDJPY → False breakdown of uptrend supportFX:USDJPY is forming a false breakdown of the support of the ascending price channel. On the background of the dollar rally and strong sales of the Japanese national currency, it can be a good signal for the continuation of growth On D1 we can clearly see the upward, bullish market structure. There are no deep corrections, strong fundamental background and aggressive support from the rallying dollar. This picture may have a medium-term character and the market has a chance to test the ATH, provided that Japan does not start to take any measures to strengthen the JPY. Technically, the currency pair is consolidating above the strong support at 153.9 and intends to go even higher. There are two strong resistances ahead. Support levels: 153.9, 153.5, 152.2 Resistance levels: 155.36, 155.8, 156.7 Accordingly, a price fixation above trend support or above 155.4 will be a good signal that we are ready to go up Rate, share your opinion and questions, let's discuss what's going on with ★ FX:USDJPY ;) Regards R. Linda!Longby RLindaUpdated 191971
THOUGHTS ON USD/JPYUSD/JPY 1H - This is a very similar set up to the GBP/JPY analysis and this is because the JPY is quote for both pairs we are looking at, as you can see I want the same thing to happen. This is good as it helps build confluence, the fact that both pairs are correlating with each other and so is the analysis is a good thing. I have gone ahead and marked out a more fractal high with this one though. This is just to show a more pre-emptive aggressive approach, once price trades above this we can start to look to go long should the low thats been set at the Demand Zone sticks. This confirms to us that enough Demand has been introduced to flip the S&D balance. Once we have been delivered with that we will wait for price to pullback giving us the opportunity to buy into this market at a better price with a more refined entry.Longby Lukegforex20
usdjpyA high-risk sell opportunity because the price is currently near potential buying zones. However, before moving up, it must take the liquidity below the recent low.Shortby charaf_eltraderUpdated 1112
USDJPY SHORT OPPORTUNITYUSDJPY SHORT OPPORTUNITY USDJPY touched 0.786 point at daily chart, and the price began to fall, formed a head & shoulder top. Therefore, try to short USDJPY when the price pull back around 153.58 SL: Above 154.55 TP1: 149.4 TP2: 147.6Shortby tntsunrise17
Supercycle or Collapse? Here's What's Next for USD/JPYTrading Idea Breakdown for USD/JPY (12M Timeframe) Key Structure Levels: Current Price Zone: 147.67 Major Resistance Levels: 358.44 (Wave 5 Target/Range High): This represents the completion of the supercycle. 179.22 (12M Resistance Line): Significant midpoint equilibrium. 161.99 (Discount Zone - Wave 3-4 Pullback): Zone to watch for price re-accumulation. Major Support Levels: 79.76-75.56 (Premium Support Zone): Base level for potential bullish accumulation if deeper pullback occurs. 118.75 (Equilibrium): Midpoint structure acting as current support. 0.00 (Cycle Bottom): Historical demand zone. Key Elements of Wyckoff Analysis: Phase Accumulation (1970-2012): SC (Selling Climax) and AR (Automatic Rally) confirmed the range low (80.00 zone). ST (Secondary Test) in Phase B showed consolidation preparing for markup. Current Context - Re-Accumulation Range (2022-Present): LPS (Last Point of Support) around 118.75 signals continued bullishness, aligning with Phase B support. Wyckoff logic suggests price could aim for Phase D breakout and extend toward 358.44. Elliott Wave Perspective: Wave 1: Strong impulse ending near 120.00. Wave 2: Corrective move down to 75.56, testing accumulation. Wave 3: Extended impulse projected toward 301.03 (1.61 Fibonacci extension of Wave 1). Wave 4: Potential pullback to 161.99, aligning with equilibrium. Wave 5: Final target near 358.44, completing the supercycle. Trading Plan: Entry Strategy: Look for pullback entries near 161.99 (Discount zone) or 118.75 (Equilibrium zone) if further corrective movements occur. Take Profit Targets: TP1: 179.22 (Range equilibrium midpoint of resistance). TP2: 301.03 (Wave 3 Fibonacci target zone). TP3: 358.44 (Wave 5 cycle completion target). Stop-Loss Placement: SL1: Below 118.75 (Equilibrium) if targeting mid-term bullish continuation. SL2: Below 75.56 for aggressive buyers targeting the supercycle. Potential Bias and Commentary: Bullish Scenario: Momentum remains strong; the re-accumulation range suggests further upside potential aligning with Wyckoff's markup phase. Bearish Risk: If price breaks below 118.75, a re-test of the premium zone (75.56) might occur before resuming long-term bullish trends. Longby spaceangelUpdated 3314
Lingrid | USDJPY potential CHANNEL Breakout. ShortFX:USDJPY is indeed forming a triangle pattern, which often indicates a period of consolidation and price squeeze before a potential breakout. The lower highs suggests ongoing selling pressure, and the price remains trapped within the triangle, moving sideways just above the channel border. Given this context, it's likely that the market could break out to the downside. Price often tends to consolidate at significant levels before making a decisive move, and it seems that the current setup is no exception. If the triangle pattern continues to hold, we could expect the price to move lower to retest the downward trendline. My goal is support level at 149.200 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻 Shortby LingridUpdated 5525
Market Analysis: USD/JPY DipsMarket Analysis: USD/JPY Dips USD/JPY is declining and showing bearish signs below the 154.00 level. Important Takeaways for USD/JPY Analysis Today - USD/JPY is trading in a bearish zone below the 155.00 and 154.00 levels. - There is a major bearish trend line forming with resistance near 153.60 on the hourly chart at FXOpen. USD/JPY Technical Analysis On the hourly chart of USD/JPY at FXOpen, the pair started a steady decline from well above the 155.00 zone. The US Dollar gained bearish momentum below the 154.00 support against the Japanese Yen. The pair even settled below the 153.60 level and the 50-hour simple moving average. A low was formed at 152.33 and the pair is now showing bearish signs. On the downside, the first major support is near 152.20. The next major support is near the 151.50 level. If there is a close below 151.50, the pair could decline steadily. In the stated case, the pair might drop toward the 150.00 support. Any more losses might send the pair toward 148.00. Immediate resistance on the USD/JPY chart is near the 23.6% Fib retracement level of the downward move from the 155.88 swing high to the 152.33 low. The first major resistance is near a bearish trend line at 153.60. If there is a close above the 153.60 level and the hourly RSI moves above 50, the pair could rise toward 154.10 or the 50% Fib retracement level of the downward move from the 155.88 swing high to the 152.33 low. The next major resistance is near 155.05, above which the pair could test 155.00 in the coming days. 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 FXOpen118
Weekly Market Wrap With Gary Thomson: 25 - 29 NovemberWeekly Market Wrap With Gary Thomson: SP500, US Dollar, Brent Crude Oil, Black Friday Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO of FXOpen UK, as he breaks down the most significant news reports and shares his expert insights - S&P 500 Index Hits a New Record - Dollar Declines Following Weak Macroeconomic Data - Brent Crude Oil Consolidates Ahead of OPEC+ Meeting - How Black Friday Could Impact the Stock Market in 2024 🌐 FXOpen official website: www.fxopen.com CFDs are complex instruments and come with a high risk of losing your money. 10:25by FXOpen117
USDJPY H4 I Bearish Continuation?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 151.44, which is a pullback resistance. Our take profit will be at 149.92, an overlap support level. The stop loss will be placed at 152.82, a pullback 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. 68% 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. 73% 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.Shortby FXCM12
USDJPY possible reversal bullish reversal Price previously bounced off support level area 150 , if the support level shown on the chart can hold, I'm expecting price to resume the bullish trend and test 151.70 area. Longby Eleazarahmath117
USDJPY H4 | Falling from a pullback?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 152.23, which is a pullback resistance close to 38.2% Fibonacci retracement. Our take profit will be at 150.32, an overlap support close to 161.8% Fibo extension The stop loss will be at 153.40, a pullback 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. Shortby FXCM116
USDJPY Massive Long! BUY! My dear friends, My technical analysis for USDJPY is below: The market is trading on 149.75 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 151.34 Recommended Stop Loss - 148.92 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. ——————————— WISH YOU ALL LUCK Longby AnabelSignals226
USDJPY BUY OPPORTUNITYUSDJPY BUY OPPORTUNITY The price of USDJPY backfilling the Gap at 4H chart, and the upward trendline is not been broken. Therefore, buy USDJPY around 152.38 SL: Below 151.7 TP1: 153.36 TP2: 154.65 If you hold the long position before, continue to hold.Longby tntsunriseUpdated 1113
A Good Position for USDJPY?Are agree me about the chart of USDJPY . We have a downtrend line We have an umbrella pattern RSI is in a good area Good luck and follow your money management.Shortby mansour1978113
UsdJpy could drop 1000 pipsIn my previous post about USD/JPY, I highlighted the potential for JPY strengthening due to repatriation, referencing similar trends observed last year and usually in December After reaching a high near 157, USD/JPY began to decline and is now testing the critical 150 level. At this point, a technical rebound is possible, but I view it as a selling opportunity. My belief is that repatriation is still in its early stages, and JPY has significant potential for further appreciation. The 153-154 zone appears to be an ideal area to look for selling opportunities. With a stop placed above the recent high and a target near the 141 support level, a 1:4 risk-to-reward ratio could potentially be achieved. Shortby Mihai_Iacob13
YOUR GUIDE TO CANDLESTICK ANALYSIS! What's up guys it's been a while! I know it's the holiday seasons, and that's the best time of year for me. Here is a wonderful present for you all, as a token of my appreciation. Thankful for the supportive and hateful people, not equally of course! 🤣 Anyways.... the things you must keep in mind when utilizing candlestick analysis in your trading are the following, Gs: 1) Understanding the anatomy of a candlestick - images.ctfassets.net 2) Candlestick color - The color of the candles individually matter in structure but also together they tell a story.... three inside down candle stick pattern at a lower high point in market structure for example. 3) Size of the candle - size of candle does matter as it indicates how volatile and wide reaching the market can be that day based on this data. 4) Volume - This one is obvious, Gs. 5) Timeframe of candlesticks being observed - understand candlesticks on higher timeframe hold more weight so they're more valid. (1h+) in consolidated structure on higher timeframe, lower timeframe candlestick structure is what you need to identify breakouts that'll be big on HTF. 6) Candlestick patterns - content.stockstotrade.com 7) Length of wicks on the candles - This is huge because wicks are a direct indication of exhaustion, which BASICALLY is buyer or seller weakness which directly aids me in basically every trade when finding that sniper entry i'm known for! Do not sleep on this step (or any, for that matter, I don't make these for FUN.) 8) Support/Resistance levels - I recommend going to lower time frames in these areas and using steps 2, 3, 6 mixed with timeframe correlation to make a sniper entry. GOODLUCK Gs!Educationby PipSniperJ4428
USDJPY GAME PLAN WEEK 48After analyzing the forex market's COT report released last Friday, I have aligned my bias with the macroeconomic reports scheduled for this week. There are fewer key events compared to last week, but I am confident that the ones we do have are worth paying attention to. Now, let me explain why I consider USD/JPY to be a good long trade. First of all, the COT data revealed increased interest in a stronger dollar, further strengthening the already solid bullish sentiment. At the same time, all other currencies either showed increased long interest or reduced short interest—except for JPY. I avoid trading pairs that are on the same side of the market, as I aim to find as much friction as possible to create the volatility that we, as traders, thrive on. However, this alone is not enough. I will also follow the key reports and events this week, including: CB Consumer Confidence Preliminary GDP (q/q) Unemployment Claims Core PCE Price Index (m/m) FOMC Meeting Minutes Keep in mind that the U.S. market is closed on Thursday. I won’t wait for every individual release before taking action but will trade accordingly as opportunities arise. For instance, I plan to go long after the CB Consumer Confidence report, but not blindly—I will still base my entries on technical levels. However, the actual numbers in the reports will matter less. The reality is that sometimes a number that misleads the majority, combined with a strong underlying bias, can create a divergence with immense force behind it. I will provide updates as the week progresses. Trades might be held for two days or even throughout the entire week, depending on market conditions. Longby OssianHUpdated 4431
USD/JPY faces critical next few weeks as it tests 150 handleThe USD/JPY has rebounded after testing a multi-week low near the 149.00 handle on Monday on the on the back of dovish comments from Fed’s Waller, who said he’s inclined to cut rates in December. However, with the yen being the biggest performer last week, underscoring expectations about a potential rate hike from the Bank of Japan, just as the world’s other central banks are now on the easing path, there is a good chance the USD/JPY could resume lower. At the time of writing, it was testing a key pivotal area of around 150.00 ahead of critical US economic releases this week. With a jam-packed calendar including the closely watched JOLTS Job Openings report (today), ISM Services PMI, and the monthly Non-Farm Payrolls report to come, traders are bracing for volatility. These data points are expected to influence the USD/JPY, especially with both the Fed and BoJ policy decisions looming in December. Should the 149.00-149.10 support area give way, the USD/JPY could drop to the next potential support at 147.20, possibly reaching 144.53 thereafter. The bulls will be eyeing a close above the 151.30 resistance level to nullify the bearish bias. While it is trading around the 150.00 area, it is in no-man's land, with a slight bearish tilt. By Fawad Razaqzada, market analyst with FOREX.com Shortby FOREXcom113
On the daily time frame USDJPYOn the daily time frame Suggestion: Analyze the USD-JPY on the daily time frame. We have both Fibo 50 Both unspent block orders Both good pivotsLongby mansour1978112
USDJPY trade idea long tradeUSDJPY long based on trend lines 4 hour and 1 hour. Entry on retracement down to previous support level. Entry at 154.397 and TP 155.720 targeting 134 pips. Fibonacci levels confirm entry point at 154.317. Chart is on the 30 min Longby F0rexBorexUpdated 8823
SELL USDJPY for bullish trend reversal STOP LOSS : 156.74SELL USDJPY for bullish trend reversal STOP LOSS : 156.74 Regular Bearish Divergence In case of Regular Bearish Divergence: * The Indicator shows Lower Highs * Actual Market Price shows Higher Highs We can see a strong divergence on the MACD already and There is a strong trend reversal on the daily time frame chart..... The daily time frame is showing strength of trend reversal from this level resistance so we are looking for the trend reversal and correction push from here ..... TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here Shortby BALE_FX1113
USD/JPY Short Setup – Dual Entry StrategyI’m observing a bearish opportunity on USD/JPY, with a potential continuation of the downward trend. The pair recently broke below significant support levels and is trading below the 200 SMA on the 4H chart, confirming bearish momentum. Key Analysis – Dual Entry Strategy: - Conservative Entry: Around 151.89, a key resistance zone aligned with previous price reactions, ideal for risk-averse traders; - Aggressive Entry: Around 150.74, closer to the broken support level, targeting a weaker pullback before the continuation of the downtrend. Important Entry Condition: The price must reject these resistance levels before entering. Look for a strong bearish close on either the 4H or 1H timeframe below the respective resistance levels to confirm entry. Trade Parameters: - Stop-Loss: Just above 152.00. - Take-Profit: Primary Target: 148.15 (major portion of the position). Extended Target: 146.50 (held for 10-15% of the position for potential continuation). If you follow me, you will receive the updates to this idea.Shortby zito826