USDJPY trade ideas
USDJPY-bias long Pair is in bullish trend and making higher highs and higher lows , making a bullish flag in day time frame with the support respected at 156.85
Inverted hammer candle in 4 hr time frame indicates bullish continuation.
Pair is making inverted head and shoulder in 1 hr time frame.
Ma 21 respected in 30 min indicates bullish momentum,.
MA200 respected in 2 hr time frame
Day time frame shows bearish divergence which is on the bearish side point and the MA 21 respected in 2 hr
My bias is bullish based on most of the confluences
Trade plan bias long @ 157.33
SL:156.865
TP1:158.07
TP2:158.66
USDOLLAR /JPY Long Dollar Ralley is strongThe US dollar has strengthened further since Friday’s strong jobs report showed far better payrolls growth than expected
The US dollar is broadly firmer, though the Japanese yen is proving a resilient ahead of the BOJ deputy governor's speech
USDJPY: Long Signal Explained
USDJPY
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long USDJPY
Entry - 156.12
Sl - 155.56
Tp - 157.18
Our Risk - 1%
Start protection of your profits from lower levels
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USDJPY POSSIBLE SELLPrice has a high tendency to fall as we recently noticed a firm in YEN ahead of US CPI news. I anticipate a sell opportunity that’ll be caused by market volatility right from the current market price.
USDJPYThe pair is in a correction phase.
We expect the corrective wave to end at the areas marked on the chart, and from there, we will observe how the price reacts to determine whether we will enter buying opportunities on the pair.
Considering the bullish trend and the strength of the US dollar,Considering the bullish trend and the strength of the US dollar, buying this currency is a good idea.
I don't think we need to think about selling this currency pair right now
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USD/JPY 4H chart analysis, (Must read caption)...Hello trading view family what are your opinions about this share your thoughts in comment section and thanks for your support.
This chart analysis made by me depicts the USD/JPY currency pair on a 4-hour timeframe, provided by OANDA. It shows an upward trending channel with price action respecting the channel's boundaries.
Key details include:
1. Current Price Level: USD/JPY is trading around 157.520.
2. Channel Trend: The price has been moving within an ascending channel, with higher highs and higher lows.
3. Target Zone: A highlighted area above the current price suggests a target nearing 159.640. An arrow indicates the potential continuation of the bullish trend toward this level.
4. Support and Resistance:
A red zone marks a resistance level above the current price.
A green zone highlights a support level just below, around 157.086.
5. Supertrend Indicator : A green Supertrend line is displayed, suggesting bullish momentum remains intact.
6. Projection: The chart hints at the possibility of a pullback toward the support zone before resuming its upward move to the target.
This setup indicates a bullish bias, with a likely breakout if the price sustains within the channel.
Key levels;
Entry: 157.500-157.300
Target at: 158.200
SL at: 156.800
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USD/JPY Possible bullish movement 1H AnalysisHi guys, we had some good news about the JPY , which made the USD /JPY correct it's price and upward steady movement. Today we have a few very big companies showcasing their earnings, and of course have quite a few important Fundamental events ahead of us, so this is why I am following on the re-stability of the USD/JPY pair.
Entry: 156.825
Target: 157.825
As always my friends happy trading!
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USDJPYON DAILY TF the daily structure of USDJPY is currently showing a bullish trend, but it looks like yen will make a bearish turn after the breakout of the ascending bullish channel.
Bank of japan monetary policy could see yen strengthens against dollar
The USDJPY pair is highly sensitive to interest rate decisions and economic indicators.
Traders should keep an eye on the Bank of Japan's monetary policy and the US Federal Reserve's interest rate decisions.
The pair's movement can also be influenced by global economic events, such as trade tensions and geopolitical developments.
USDJPY BUY AT DEMAND ZONE SMART MONEY CONCEPTHere on Usdjpy price has made demand zone around level 156.882 and likely to go up more so trader should go for long and expect profit target of 157.471 and 158.140 . Use money management
USD/JPY BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
The BB upper band is nearby so USD-JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 156.837.
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Bearish Momentum ExpectedPrice rejected from 158.409, forming a potential downward setup. The target near the 151.746 support, the risk-to-reward ratio is favorable at 3.15.
Confirmation of bearish momentum may drive price toward the lower support, aligning with the RSI showing a loss of bullish strength.
Keep an eye on the 156.108 support as an intermediate level before the final target. Trade cautiously! 🚀
USDJPY USDJPY is been on strong bullish trend and tapped in daily time frame supply area. In supply area the pair is showing signs of weakness with strong bearish divergence on MACD. And the price is start to break minor structures to the downside.
If it breaks the 156 which psychological number and support as well then bears can push the price much deeper.
USDJPY - Will the weakness of the yen stop?!The USDJPY pairing in the 4 -hour timeframe is between EMA200 and EMA50 and is moving in its mid -term uptrend. If corrected by publishing economic data this week, we can see the downward trend and then the restricted demand zone, and in that area with the right risk. The valid defeat of the specified resistance range will pave the way for the pair up to 160.
Tatsu Yamasaki, a former Japanese official, stated in an interview with Nikkei that collaboration between Trump and Tokyo could help normalize the dollar-yen exchange rate. He suggested that Trump should work with Tokyo to weaken the overly strong dollar. Such cooperation could strengthen economic relations between the two nations and bring greater stability to financial markets.
Meanwhile, robust U.S. labor market data for December has led many analysts to conclude that the Federal Reserve is unlikely to cut interest rates further at this time. Some even predict that the report could pave the way for the Fed to raise interest rates in 2025.
An economist at Bank of America wrote in a note, “Our baseline forecast is that the Federal Reserve will keep rates steady for an extended period. However, the risk of a rate hike is growing.” According to the economist, factors such as core inflation growth or rising inflation expectations could trigger a rate hike.Concerns also revolve around Trump’s policies, including tax cuts and tariffs, which may contribute to higher inflation.
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), remarked that the Federal Reserve might delay rate cuts due to stable labor markets and inflation nearing target levels. She also predicted that global economic growth will remain steady as inflation gradually declines in 2025.
Georgieva highlighted uncertainties surrounding trade policies under the new U.S. administration, emphasizing their potential impact on the global economy. Additionally, she expects global interest rates to remain relatively high for an extended period.
Kazuo Ueda, the Governor of the Bank of Japan, stated that interest rates will be raised if economic improvements and price growth continue. He noted that the final decision on this matter will be made next week. Ueda’s remarks contributed to strengthening the yen in financial markets.
Himino, Deputy Governor of the Bank of Japan, indicated that if economic projections materialize, monetary easing policies will be adjusted and interest rates increased. He stressed the need for continuous monitoring of U.S. economic policies under the new administration. Domestically, one of the critical issues remains the outlook for wage growth in the fiscal year 2025. Himino acknowledged various risks, both domestic and international, while noting that the U.S. economy is expected to remain strong.
Masato Kanda, a former currency official for Japan, continues to comment on the yen. Speaking in Tokyo, he emphasized that currency markets should move based on fundamental principles, and any sudden deviations from these fundamentals require correction.
Separately, Nippon Steel announced that it is the sole partner capable of fully preserving U.S. Steel, keeping its blast furnaces operational, and maintaining jobs in the industry. The company stated that its commitments have been shared in multiple meetings with various stakeholders, including employees.
Meanwhile, Lourenco Goncalves, CEO of Cleveland-Cliffs, has been accused of unfair biases, as he cannot match the scope and scale of Nippon Steel’s proposal. Nippon Steel emphasized its determination to take whatever measures are necessary to finalize the deal.
USDJPY Different USDJPY time frames, fishing for a sell signal on H4 time frame to ride the wave but the general sentiment is bullish so I'll scalp short and swing long
SCALPING USDJPY FOLLOW THE TRIPLE TOP PATTERNSmy idea for USDJPY. 30min on 13/01/2025
can this pair goin down to hit 156.500?
please discuss about this thing, comment on below
Fundamental Market Analysis for January 15, 2025 USDJPYThe Japanese Yen (JPY) is struggling to gain significant strength and is languishing near multi-month lows against its US counterpart amid doubts over the Bank of Japan's (BoJ) rate hike plans. Signs of intensifying inflationary pressures in Japan leave the door open for a BoJ rate hike in January or March. In addition, BoJ Deputy Governor Ryozo Himino signaled on Tuesday that a rate hike remains a real possibility at the upcoming meeting. However, there was no direct indication in Himino's comments about the possibility of a rate hike in January. Moreover, some investors believe that the BOJ may wait until the spring talks before pulling the trigger.
Meanwhile, the Federal Reserve's (Fed) hawkishness in December was a key factor behind the recent rise in U.S. Treasury yields. This has widened the yield differential between the US and Japan, which in turn is seen as another factor undermining the low-yielding Japanese yen. In addition, risk-on sentiment is deterring traders from placing bullish bets on the safe-haven yen. At the same time, weak US Dollar (USD) price action acts as a headwind for the USD/JPY pair ahead of the release of the latest US consumer inflation data. The crucial Consumer Price Index (CPI) report may influence the Fed's policy course and stimulate demand for the USD.
Trading recommendation: Trade mainly with Sell orders from the current price level.
USD/JPY short There is divergency generated in MACD and stoch has dead crossing in 4 hours time frame.
Similar, other JPY pairs are also showing some divergency patterns.
Short JPY pairs.
USDJPY BULLISH1. We had a Daily Green candle as a confirmation to the Upside.
2. Wait for the price to come to daily pivot on 1H Time Frame with a rejection/Green candle to the Upside or di close of 4H Green candle as First entry and Second entry will be at the yellow zone, if price break below the daily pivot targetting major Resistance from the Monthly Time Frame as TP.
USDJPY POSSIBLE TRADE SETUPPotential Trade Setup on USDJPY
The price broke out of a strong intraday resistance zone, although the Trend remains bullish and the set Trendline keeps the price on the higher part of the market.
The price is developing, and I am waiting for a retest of the previously broken resistance and used as support before I look for a LONG trade.
A BUY opportunity is at the top above the weekly Low at 1.04480.
You may find more details in the chart!
Thank you and Trade Responsibly!
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USD/JPY not participating in the USD pullbackDXY has put in a noticeable pullback so far to start the week, and that move stands out with the retracement in EUR/USD and the bounce so far in GBP/USD. Notably, however, the USD isn't weak everywhere, as USD/JPY has held support at prior resistance, so far.
This similarly directs attention to tomorrow's CPI print but I think what's important in USD/JPY is the 160 level, which only traded briefly last year before the July 11th reversal. That reversal came from a combination of both weak US CPI and a BoJ intervention that sent the carry trade spiraling lower.
More recently, with 10-year US Treasury yields perking up, there's been motive for carry trades to continue and this is one possible reason for the divergence between USD/JPY and DXY, so far this week.
For now, USD/JPY price action remains bullish as we've seen a hold of higher-low support at prior resistance. But if bears can take that zone out, from the 76.4 to 78.6 Fibonacci retracements of the July-September pullback, that view can change quickly. - js
