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US Dollar vs Japanese Yen

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USDJPY.P trade ideas

USDJPY InsightHello to all subscribers! Please share your personal opinions in the comments. Don’t forget to like and subscribe. Summary of Major Issues - Mimura, Japan’s Vice Minister of Finance, commented, "The yen’s movements are somewhat one-sided and rapid. Japanese authorities are closely monitoring foreign exchange movements, including speculative moves by foreign capital." - The People’s Bank of China lowered the one-year and five-year Loan Prime Rates by 25 basis points each. - Lorie Logan, President of the Dallas Federal Reserve, expressed support for a gradual rate cut. - Former President Trump is predicted to have a 52% chance of winning the U.S. presidential election, and the U.S. 10-year Treasury yield has risen by more than 10 basis points. - Over the weekend, Israeli Prime Minister Netanyahu was targeted in a drone attack. Summary of Key Economic Indicators - October 22: BoJ Core CPI - October 24: U.S. Initial Jobless Claims, Services PMI USDJPY Trend Analysis The dollar has shown a sharp rise, leading to an upward trend in the USDJPY pair. As former President Trump’s chances of winning the U.S. election increase, the dollar’s strength has gained more momentum, with the U.S. election likely to remain a key factor moving forward. Currently, the chart shows resistance for USDJPY around the 152 line, with a potential drop toward the 140 line. However, as a clear trend has yet to form, we will need to observe further before making a final judgment on the direction. If there is any movement that diverges from expectations, we will revise the strategy accordingly.
Short
by shawntime_academy
Weak dollar and strong JPY for this week.Those who are passionate about trading know that this is a tough business. You have to understand that the predictions people make regarding the price movement directions are based on probabilities. There is no such thing as 100 percent direction in the market and that is because the market can turn against you or your direction any time it wants. The reason doesn't even matter, it could be the news of some geopolitical changes, oil cut production or war, or many other factors that could impact the financial market. If you have one or more good reasons that the price will follow a certain direction all you have to do is to take a small risk entry in your direction with a good risk-to-reward ratio and just wait and see how the market will perform. A trader could have 1 good reason or a few reasons why his bias is up or down. The reasons could be based on particular studies, past behavior, fundamentals, technical analysis, or certain observations. The important part for you to understand is that the market is in a continuously changing process this means that yesterday's prediction, today could be irrelevant. The market does not have to follow your analysis. You have to follow the market, observe its changes, and react accordingly to them! I hope some of you will find this helpful, good luck!
by Leorado
USDJPY - POTENTIAL SELLThe USD/JPY pair reflects mixed market conditions, driven by economic indicators and central bank speeches. While the yen gains momentary support from indicators such as strong current account data (3.02T vs. expected 2.43T), the Japanese economy faces ongoing challenges, as seen in declining household spending (-1.9%) and weaker machine tool orders (-6.5%). In contrast, the USD shows resilience, with a potential inflationary tilt supported by upcoming CPI data and stable job market indicators. However, frequent FOMC speeches highlight uncertainties, with Fed members expressing caution on future rate adjustments, especially as the U.S. economic outlook softens. Overall, the USD/JPY movement appears to balance the Fed's careful rate stance against Japan's economic pressures, likely leading to a volatile yet relatively balanced exchange rate in the short term. To strengthen the Yen in the coming week, the Bank of Japan (BoJ) could consider a few policy measures. First, BoJ might gradually reduce monetary easing by raising short-term interest rates or scaling back government bond purchases to curb inflation and enhance the Yen's appeal as a safe-haven asset. Additionally, BoJ could issue more hawkish statements, signaling an intention to normalize monetary policy, thereby raising market expectations for a stronger Yen. Finally, fiscal policies that support government spending to boost domestic purchasing power without excessively driving inflation could also add support to the Yen’s appreciation. In the Wyckoff pattern, if USD/JPY is currently in a Purge or RTO (Return to Origin) phase, it could indicate a potential reversal and strengthen the Yen. This phase often signifies the final push by the smart money to trigger a liquidity purge, clearing out weaker positions. If this is happening near a supply zone, it can lead to a reversal as strong hands begin to enter short positions on USD/JPY. A confirmed reaction here, such as a shift in market structure or bearish divergence, could support a Yen strengthening scenario. However, monitoring upcoming economic data and any shifts in the Bank of Japan’s policy statements remains essential to validate this trend.
Short
by herrylistonhutapea
8
I think bulls are back and vote wisely #155-156 In the coming WKAs the election draws near, we have been experiencing a lot of spike and market manipulation which makes it a double edge sword thing trading the market right now, who ever win at the US. Election will impact the market both negatively and positively; and let not forget the comment of BOJ about keeping the rate steady at 0.25% for the time being, looking forward to US. Election but market still speculate that BOJ may increase rate by 5% but all this is just buhahahaha to some but from my bais observation USDJPY has hit/make 151.7(once an impulse zone 'Daily timeframe') as it strong low or should I say new support I see further bullish momentum to the upside in the coming weeks. I am nobody just an observer but will like to hear what you think at the comment session... if positive ZONES- 155-158 If negative ZONES- 150-147 LET watch and see what happens...
Long
by harryburnawills