usdjpy“Every trader has strengths and weakness. Some are good holders of winners, but may hold their losers a little too long”
– Michael Marcus
USDJPY trade ideas
USDJPY FORECASTYen pairs looks very promising as we can see they have already grabbed liauidity from above. I just decided to opt with USDJPY as my favorite for today. And I just stsy patience waiting for the market to allow me to get into it!
USDJPY H1 | Bearish Reversal Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 155.19, which is a pullback resistance.
Our take profit will be at 154.25, a pullback support that aligns with the 61.8% Fibo retracement.
The stop loss will be at 156.10, a pullback resistance level.
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SHORT SIGNAL - DAYTRADINGThe main participants in this market are the larger international banks. Financial centers around the world function as anchors of trading between a wide range of multiple types of buyers and sellers around the clock, with the exception of weekends. Since currencies are always traded in pairs, the foreign exchange market does not set a currency's absolute value but rather determines its relative value by setting the market price of one currency if paid for with another. Ex: 1 USD is worth X CAD, or CHF, or JPY, etc.
Potential bullish bounce off overlap support?USD/JPY is falling towards the support level which is an overlap support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 154.69
Why we like it:
There is an overlap support level that aligns with the 50% Fibonacci retracement.
Stop loss: 153.62
Why we like it:
There is an overlap support level.
Take profit: 156.56
Why we like it:
There is a pullback resistance level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Usdjpy long is looking good USD/JPY looks good for a long position. I mentioned earlier this week that USD/JPY would go up, while others started selling.
USDJPY Ranging at the momentUSD/JPY is in a strong bullish trend, with the potential for further upside if resistance at 155.50 is broken, focus on retracements to 153.50 - 152.50 for long entries.
USDJPY Buy Trade IdeaHello Traders
In This Chart USDJPY HOURLY Forex Forecast By FOREX PLANET
today USDJPY analysis 👆
🟢This Chart includes_ (USDJPY market update)
🟢What is The Next Opportunity on USDJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Short Opportunity on USDJPYThere is a head and shoulder pattern in formation and there is an opportunity to short sell with targets of right shoulder projected length.
Re-distribution schematicDuring a uptrend the price is moving sideways and we are in a bullish market, we are located in a supply zone but the actual liquidity is above this zone. This could indicate a re-distribution model where lows and highs getting liquidated before a new up move. Will look for buys when the lows have been liquidated and a bullish impulse is following.
USDJPY Will Explode! BUY!
My dear friends,
Please, find my technical outlook for USDJPY below:
The instrument tests an important psychological level 153.75
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 155.10
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
USDJPY MARKET ANALYSIS1. 4-Hour Chart Analysis:
o Trend Direction: Uptrend
o Liquidity Areas:
o Inducement: Yes – small false breakouts between 155.388 and 153.324
o Imbalance Zones: Minor imbalance between 153.324 and 152.878
o Supply/Demand Zones: Demand zone between 152.878 and 152.151
2. Entry & Exit Plan:
o Entry Criteria: Enter at 152.927, set and forget
o Stop-Loss: 152.020, just below demand zone
o Take Profit: 156.749 at the next resistance
USD/JPY BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
USD/JPY pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 154.148 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
USDJPY: Bearish Break in FocusHello Traders,
Below is my analysis of USDJPY currency pair from H1 perspective.
Trend & Sentiment
USDJPY is in a strong downtrend, forming lower highs and lows. The recent break below 153.819 confirms bearish momentum, with sellers firmly in control.
Key Levels
Resistance: 153.962 (Minor), 154.653 (Major)
Support: 153.276
Possible Movement
Bearish Continuation: Likely toward 152.466 (target) as long as the price stays below 154.653.
Retracement Risk: Minor resistance at 153.962 may cap any short-term bounces.
Reversal Signal: A break above 154.653 could shift momentum to bullish.
Conclusion
The outlook remains bearish with a focus on 152.466, while resistance at 154.653 defines the trend's invalidation point.
Do let me have your thoughts.
Cheers and happy trading!
USD?\/JPYUSD/JPY is currently looking to head to 155/700 region to complete the fibonacci extension of he previous low of structure. Most Yen pairs has already made a significant move to the top order block.
USDJPY weeklyI assume a huge ending diagonal that will mark the long-term reversal point for this pair.
It will take more weeks to complete it, need some patience to build a position into the weaking us dollar, that, most likely, will start early next year.
The internal structure requires that the 5th wave prints a clear 3-waves move, so I am assuming a corrective phase before it makes a higher high and completes the ending diagonal
USDJPY LONG Market structure Bullish on HTFs DW
Entry at Daily and Weekly AOi
Weekly Rejection at AOi
Previous weekly Structure point
Daily Rejection At AOi
Around Psychological Level 153.000
H4 Candlestick rejection
Levels 9.2
Entry 85%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King
USDJPY. The Japanese Yen (JPY) extends its steady intraday descent against its American counterpart, pushing the USD/JPY pair to a fresh weekly top, closer to mid-155.00s heading into the European session on Wednesday. This comes on the back of the previous day's turnaround and supports prospects for a further JPY depreciation on the back of the uncertainty over the timing of another interest rate hike by the Bank of Japan (BoJ).Bank of Japan Governor Kazuo Ueda earlier this week warned against keeping borrowing costs too low and signaled another interest rate increase, was vague on the timing and offered no hints about a hike in December.Meanwhile, rebounding US Treasury bond yields revive the US Dollar (USD) and further contribute to driving flows away from the lower-yielding JPY. Apart from this, a generally positive risk tone seems to undermine the safe-haven JPY and suggests that the path of least resistance for the USD/JPY pair is to the upside. That said, intervention fears could limit JPY losses ahead of speeches from influential FOCM members.
USD/JPY pullback before upside continuationWe could see a pullback from this resistance area all the way down to the support zone around 154.700 before continueing to the upside.
USDJPY Daily Analysis: Slight Bearish Bias Anticipated Amid SafeUSDJPY Daily Analysis: Slight Bearish Bias Anticipated Amid Safe-Haven Yen Demand and Weaker U.S. Dollar 20/11/2024
Introduction
The USDJPY currency pair is expected to maintain a slight bearish bias today, driven by safe-haven flows into the Japanese yen (JPY) and continued softness in the U.S. dollar (USD). Geopolitical uncertainties, a dovish Federal Reserve outlook, and stable Bank of Japan (BoJ) policy are contributing to downward pressure on the pair. This article provides a detailed analysis of the key factors influencing USDJPY and offers valuable insights for traders navigating today’s market conditions.
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Key Drivers Influencing USDJPY Today
1. Increased Demand for Safe-Haven Yen
The Japanese yen remains supported by its status as a safe-haven currency amid lingering geopolitical risks and mixed global economic conditions. Recent concerns surrounding slowing growth in key economies have fueled risk aversion, prompting investors to favor the yen, which puts downward pressure on USDJPY.
2. Weaker U.S. Dollar Amid Dovish Fed Signals
The U.S. dollar continues to face headwinds as the Federal Reserve maintains a cautious tone regarding future rate hikes. Softer-than-expected inflation data and moderated labor market growth have reinforced expectations that the Fed will keep rates steady, reducing demand for the USD and creating a bearish setup for USDJPY.
3. Stable BoJ Policy and Speculation on Tweaks
The Bank of Japan’s (BoJ) commitment to its ultra-loose monetary policy remains intact. However, growing speculation that the BoJ could adjust its stance in the future if inflation remains persistent has lent support to the yen. This dynamic further enhances the bearish pressure on USDJPY.
4. Technical Indicators Aligning with Bearish Momentum
USDJPY’s technical setup reflects bearish sentiment, with the pair trading below key moving averages and showing negative momentum on key indicators like the RSI and MACD.
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Technical Analysis Indicators
Moving Averages and RSI
USDJPY is trading below its 50-day moving average, signaling ongoing bearish momentum. The Relative Strength Index (RSI) remains in a downward trajectory but stays above oversold territory, indicating room for further declines without an imminent reversal.
MACD and Volume Trends
The MACD shows a bearish crossover, confirming downside momentum. Additionally, volume analysis highlights increased selling activity, aligning with the overall bearish outlook for today.
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Conclusion
With strong safe-haven demand for the yen, dovish signals from the Federal Reserve, and bearish technical indicators, USDJPY is likely to sustain a slight bearish bias today. Traders should remain attentive to any surprises in economic data or geopolitical developments that could shift sentiment.
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USDJPY Trade IdeaUSD is in bullish , which means all other weak currencies should be bearish.
As you can see in the chart of FX:USDJPY weekly open is holding as a support. once it breaks this support and holds it as a resistance, I will short it with this confirmation, and put stop loss at previous candle high. And tp would be current year mid.
I will keep you updated with all my trades.
