Usdjpy setup. 1:6 risk rewardUsdjpy breakout confirmed. Usdjpy looking to break the previous high after confirming break of market structure and filling the bullish odoblock. Looking for the TP to be hit within next two weeks. Swing trade. First TP would be $148.7 Second TP $153Longby PritpalSingh7Published 0
A free trade for everyone USDJPY looking bullish. Confirmation of breakout confirmed. Longby PritpalSingh7Published 1
U.S. Dollar and Japanese Yen: An Interesting opportunityIn the past 2 years, the Japanese Yen has faced numerous challenges due to the steady steps of the USD in the battle for ascension. Contrary to many analysts, I believe that the fall of the JPY against the US dollar has not yet ended, and we should still expect many surprises in the days ahead. So, I am planning to get a LONG position in 144.50. Longby amirafsharvtPublished 112
JPY, key to all other indexesJPY vs USD, key to the other index developments. As long as it holds its trendline, JPY will remain week vs the other global currencies, Japan exports will hold, carry trade arbitrages won't unwind, US bonds will not sell off (rising yields), volatility will remain contained. But if it breaks and doesn't hold the 139JPY/$, we could witness how algos start dumping US and Euro shares and bonds. Rising JPY should also affect the Nikkei 225, retaking the path to 30kShortby j_arrietaPublished 223
ALERTS ARE SET FOR A PREP TO THE UPSIDEUSD/JPY 15M - I have my alerts set for this market ready just incase price does pullback into our fractal area of Demand before taking the market higher and this is somewhere I will be looking to enter long from. I do feel though this zone may be absorbed an price may continue to trade beneath this area down and into the Demand zone below trading into the 50% mark before potentially reversing to the upside. I will be waiting patiently with this pair prepping for the move, its just important we wait patiently for entry confirmation to be met before we take part in the market. We want to see breaks to the upside, confirming the end of this bearishness. Once we have seen relevant breaks and price trades us into a valid area of Demand this is when we can start to look to take part in the market. I am expecting weakness in the USD but the JPY is also very weak.Longby LukegforexPublished 6
Analyze USDJPY Chart in All ScalesLet's Analyze USDJPY Chart in All Scales and Look for Trade Opportunities in This Week, Good Luck With Your Trades :D 09:05by FXSGNLSPublished 1
USDJPY.. at major support? What's next??#USDJPY.. market just near to his major supporting levels. That is around 144.60 to 146 figures around 30 50 pips region is supporting region. Market should hold it for create again upside volume. If market hold that region in that case you can see a bounce from here otherwise not .. Only below 144.60 can be invalidate buying otherwise not at all. Good luck Trade wisely by AdilHussain731333Published 2
Hawkish BOJ Pulling Yens, Continue Or Not?Going into Monday we can see a risk on environment that hasn't faded. Despite this, Yen inflows due to a more hawkish BOJ have pulled Yens lower. This opens the doors to sentiment/tech trades on the basis of an easing FED VS A more hawkish BOJ. Would only re-short for this reason on pops higher, as shown (blue arrow). Very careful on any longs.by WillSebastianPublished 4
Trade idea - USDJPY Long1H Corrective approach towards entry zone. -27 Fibonacci completion aligning with entry zone. = Buy limit. 0.5% risk. Aiming to take full profit at Daily TP. Longby FXKjellUpdated 1
Bullish reversal?USD/JPY is falling towards the pivot which aligns with the 50% Fibonacci retracement t and could reverse to the 1st resistance which has been identified as a pullback resistance. Pivot: 145.58 1st Support: 143.99 1st Resistance: 149.29 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Longby ICmarketsPublished 15
USD/JPY H4 | Pullback support at 61.8% Fibonacci retracementUSD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 144.13 which is a pullback support that aligns close to the 61.8% Fibonacci retracement level. Stop loss is at 141.53 which is a level that lies underneath a swing-low support. Take profit is at 149.44 which is an overlap resistance that aligns close to the 61.8% Fibonacci retracement 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.Long02:45by FXCMPublished 6
Long idea (USDJPY)Taking a long here lost my 15m trade position but the daily and weekly still strong for some more higher levels. if monday is starting like this the rest of the week is bullish. monday creates the high or low of the weekLongby MillionaireMind717Published 7
USD/JPYbuying opportunity clear up trend price broke out of resistance zone price retested the resistance zone as support to potentially move higher Longby bogdangrymutPublished 1
Macro Monday 60 ~ Japanese Yen Recession Signal Macro Monday 60 Japanese Yen Recession Signal If you follow me on Trading view, you can revisit this chart at any time and press play to get the up to date data and see if we have hit any Yen recessionary trigger levels. Very handy to have at a glance. The Chart The chart illustrates how the Japanese Yen / U.S. Dollar has followed a similar trajectory as the U.S. Unemployment Rate. The chart demonstrates that the Yen price has behaved in a particular way prior to recessions (red areas). You might be wondering how the Yen can offer insights into economic recessions and how they are linked; 1. Historically, the yen has strengthened during recessions due to the reduction of U.S. interest rates that typically coincides with recessions. When the U.S. Federal Reserve lowers rates, it makes the yen relatively more attractive to investors. With rate cuts highly likely in September 2024 the Japanese Yen is likely to see positive price action against the U.S. dollar. 2. The BOJ has historically intervened to prevent the Yen from becoming too strong. A strong yen negatively impacts Japan’s export-reliant economy. However, this trend shifted in 2022 when Tokyo stepped in to defend the Yen’s value. The BOJ bought Yen after expectations that other central banks would raise rates while the BOJ kept rates ultra-low. 3. In July 2024, the BOJ raised interest rates and signaled further policy tightening. Concerns about the historically weak yen also played a role (evident on the chart by the 30 year low in June 2024). This move, along with U.S. growth concerns, triggered an unwinding of carry trades (where investors borrow cheaply in yen to invest in higher-yielding assets), causing the yen to rebound against the dollar. The chart along with the above three points are suggesting the Yen may be about to rise significantly in coming months versus USD. This direction of price for the Yen is consistent with the early signs of recession onset, in particular if the Yen increases in value by 22% to 42% (see below). Japanese Yen vs U.S. Unemployment Rate The blue numbers and corresponding blue box on the chart suggests that a sudden 22% – 42% increase in the Japanese Yen / U.S. Dollar (from below the 0.008200 level) typically precedes recessions. This 22 – 42% increase in the yen is something we can look out for in combination with other recession charts we have in our current armory. See my most recent charts. ▫️ Above we discussed some macro-economic factors that suggest a high probability of the Yen ascending higher. The yen price also made a 30 year low in June 2024 and now appears to be breaking higher. ▫️ We now have levels on the chart to watch; the 22% level and the 42% level. In the event the Yen rises to these levels alongside the U.S. Unemployment Rate continuing to increase, this would significantly raise the probability of recession in subsequent months. Summary ▫️ The chart captures how the Japanese Yen has followed a similar trajectory as the U.S. Unemployment Rate. When both move in unison up and to the right it typically isn’t a good sign for the economy. ▫️ A number of macro-economic factors suggest the Yen is about to increase e.g. Likely lowering of interest rates in the U.S will make the dollar more affordable to borrow and increase its supply weakening its strength whilst increasing the strength/value of the Yen. ▫️ The chart demonstrates that increases in Yen from below 0.008200 by 22% - 42% typically precede recessions. Theses levels are etched on the chart for you to monitor. ▫️ As the Yen price made a 30 year low in June 2024 and now appears to be breaking higher and with the addition of macro-economic events suggest a higher Yen, its now more important than ever to monitor the Yen and its historic recession trigger levels at 22% and 42%. These are on the chart for your convenience. You can revisit this chart at any time and press play to get the up to date data and see if we have hit any JPY recessionary trigger levels. Japan Trade Opportunities Given the higher probability that the Yen is increasing, this heightens the probability of recession, however it also means some Japanese stocks might offer a nice back end currency benefit over coming two years. Do you know any good Japanese Value stocks? If you do, be sure to share them below for some recession proof, back end currency promising trades. As always, its been a pleasure PUKALongby PukaChartsPublished 5
USDJPYWe looking selling opportunities as we broke the bullish momentum resulting in change of structure which will be bearish momentum-1H TIMEFRAMEShortby officialpotego_fxPublished 3
USDJY LongLittle push into that fib level with a nice move up to follow. The DXY is approaching a nice key area that has seen strong buyer volume, which should support a strong $. JPYX is trading bearish, looking like it has a fair bit to move too. Which would support JPY weakness. Conservative with TP on this, but I am setting a limit order when the market opens. Entry: 146.872 Stop: 145.897 Profit: 150.086Longby xrpbilbsPublished 0
USDJPY Waiting Confirmation for Strong Correction I've circled 5 touches in the lower line of the megaphone. IMO a retest on the lower line is incoming but the key level was already broken. An acceleration of the dump could be consistent if the price will cross down the 144 level(first red line). Caution is recommended. Shortby hBrokerPublished 1112
#USDJPY is The Yen Going to Get Weaker?🔸After the market crash in august 5 the UADJPY pair reached 141.900, the lowest it has been in the last 7 months, falling below the 200 MA located at 151.400. 🔹The US Dollar strengthened slightly due to positive US economic data. US Retail Sales increased by 1%, exceeding expectations of 0.3%. Initial Jobless Claims fell to 227,000, down from 234,000. 🔸While the DXY index has fallen back to it's local low the USDJPY pair has not seen a similar move and the pair has actually increased by 5.3%, indicating JPYs weakness and marking the local high as 149.100. 🔹If we see more weakness on JPYs side then we can expect the pair to atleast move up to the 200 MA (151.416), from there it depends on the bulls ability to push the price above the 200 MA and the 50 (155.300) therefore positioning the price inside the rising channel and reclaiming all the recent losses in the process. 🔸But this scenario depends heavily on positive fundamentals on the Dollar side. The market is watching for comments from Federal Reserve officials. in case of a negative comment from the FED the pair can fall back to 145, 141, 140 and 137.500. Zanzibar Tradingby Zanzibar_TradingPublished 4
The story so far....On the weekly, we've rebounded off of the Monday 29th July candle's FVG. In respecting this FVG, we're also countering the effect of the Monday 5th of August bullish reversal candle. From the rebound back, up to retest resistance, we've resisted and no longer respecting the trendline. We're also trading under the 200 EMA and possible market target is to sweep liquidity and test support on the 5th August candle (141.682). On the Daily chart, although Fridays candle was bearish, it still remained above Thursday's bullish candle and the weekly pivot (145.394). So there's a possibility that we could retest resistance (previous weekly pivot 149.377) and if we're successful, then expect the market to move up to 151.815 or 154.206 ranges. If we break below last week's pivot (145.394) then we could see the market headed down to 136.863 or 129.122 range over the next fortnight. RSI and RTI (Relative Trend Index) is showing the market as oversold HOWEVER, I also use an excellent indicator, free on TV called the Mean Reversion Channel. It is excellent at showing overbought and oversold for ALL chart time frames. It's one of TV's hidden gems. Just do a search on YouTube for help using it. On the weekly, this indicator is showing that we're coming down from the overbought channel and now at the central pivot. It HAS to come down. We may go up a little and we may consolidate but this market WILL come down to lower ranges of the oversold channel, which just happens to put that at the Elliot Wave, point C finish. Please note, this is not financial advice. by marcuscameroniusPublished 221
USDJPY Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)Shortby ShahedZarePublished 112
USDJPYAs per cot report commercials are at the exterme and it may turn the price to bullish usd/cad and bearish jpy so USD and CADJPY bullishLongby bilal1947Published 6
USDJPY bullish ideaIt is a bullish idea, not sure when to entry but could be a good RR but maybe the time would be also long.... bullish channel, weekly chart bullish... Good luck!Longby Sarka1Published 5
Bullish UJUJ I still bearish looking for retracement into premium then continuation lower.by smart_bagzPublished 111