Get started

U.S. Dollar / Japanese Yen

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

USDJPY trade ideas

Could price reverse from here?USD/JPY is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support which acts as a pullback support. Pivot: 144.49 1st Support: 142.17 1st Resistance: 146.45 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.
Short
by ICmarkets
USDJPY / END OF SEPTEMBER AND INTO EARLY OCTOBER - 4HUSDJPY / 4H TIME FRAME HELLO TRADERS Current Trend: Prices dropped by 2.55% yesterday, approaching a key support level at 142.231 , If prices break and stabilize below 142.231, further declines are expected , Currently, prices are trading slightly above 142.232, and stabilizing above this level suggests potential increases of 3.50% and 5.00% , The analysis anticipates a possible upward trend towards the end of September and into early October. Technical Analysis: Current Market Condition: The asset is under bullish pressure , As long as the price remains above 142.231, the bullish momentum is expected to continue. Upward Condition: - Target 1: If the price trades above 142.231, it's expected to rise to 147.179. - Target 2: If the price stabilizes above 147.179, the next target is 149.345. Downward Condition: - If the price falls below 142.231 , it suggests a potential decline: - Target 1: A decline to 139.713. - Target 2: If it breaks below 139.713, further decline is expected to 137.306.
Long
by ArinaKarayi
Intraday Elliott Wave View Favors More Downside in USDJPYShort Term Elliott Wave View in USDJPY suggests decline to 139.57 ended wave (W). Pair then corrected in wave (X) with internal subdivision as a double three Elliott Wave structure. Up from wave (W), wave ((w)) ended at 142.46 and pullback in wave ((x)) ended at 140.43. Rally in wave ((y)) ended at 143.94 which completed wave W in higher degree. Pullback in wave X ended at 141.73 with internal subdivision as a zigzag structure. Up from wave X, pair resumed higher in wave ((w)) towards 144.68 and pullback in wave ((x)) ended at 142.88. Final leg wave ((y)) ended at 146.48 which completed wave Y of (X) in higher degree. Pair has since turned lower in wave (Y). Down from wave (X), wave (i) ended at 142.76 and wave (ii) ended at 143.76. Wave (iii) lower ended at 142.2, and wave (iv) ended at 142.95. Wave (v) lower ended at 141.63 which completed wave ((a)) in higher degree. Rally in wave ((b)) is in progress to correct cycle from 9.27.2024 high before it resumes lower. Near term, as far as pivot at 146.48 high stays intact, expect rally to fail in 3, 7, or 11 swing for more downside.
by Elliottwave-Forecast
USDJPY Short Position4H Bullish to Bearish Trend Shift: The USDJPY pair has shown a shift from a bullish trend to a bearish trend on the 4-hour chart, which is typically a strong signal of a potential downside move. This trend shift can be confirmed by price breaking a series of higher lows (HL), signaling the start of a bearish move. Break of Key Trendline: A significant trendline has been broken, further confirming the weakening of the prior bullish trend and the likelihood of the bears taking control.
Short
by SohailChaudhary
2
Wyckoff strategy on usdjpyHigh Volume on Markup: During the initial rise between September 23rd and 27th, the volume is moderate and steady, confirming participation in the upward trend. No massive volume spikes are seen during the markup, suggesting that institutional players were gradually adding positions. Sharp Volume Spike on Decline (Markdown): Around September 27th, as the price reaches its peak and begins to drop, there is a significant increase in volume, suggesting institutional selling. The large red candles with high volume indicate that the smart money is exiting long positions, signaling the end of the distribution phase. Optimal Trade Entry (OTE): The price has now dropped significantly and is retracing back upwards. According to ICT’s OTE method, you could look for a shorting opportunity if the price retraces to the 61.8% - 79% Fibonacci retracement level, which aligns with the 144.000 - 145.000 range. Entry (Sell): Look for a retracement back to the 144.000 - 145.000 area, which coincides with the previous order block and the OTE zone. Stop Loss (SL): Place the stop above the previous highs at 145.500. This gives room for price to test the liquidity above the highs without triggering your stop. Take Profit (TP): A reasonable target would be the previous support zone around 142.000, where liquidity might reside based on previous price action. Markup Phase: From September 23rd to 27th, as price trends upward from 143.00 to 145.500. Distribution Phase: Around September 27th, where price consolidates near the highs before dropping. Sell Setup: Ideal short entry around 144.000 - 145.000, with SL above 145.500 and TP around 142.000. Buy Setup: If price holds support around 142.000, look for a buy setup with TP around 144.000.
Short
by hafizmuhammadmursalin786
LOOKING FOR MY NEXT BULL TRADEUSD/JPY 1H - With this market you can see that price has recently broken structure to the upside, as we know this suggests that price is ready to start putting in some longer term bullish structure. We also have a-lot of inefficient structure sat above current price that I feel price needs to come and clear, my overall bias for this market is a bullish one regardless hence my judgment to see this market trade higher longer term. Above I have gone and marked out two key areas of interest I feel price may come to trade down and into before reversing and trading us higher. The first one marks out and evident Order Block here on the 1H timeframe whereas the second marks out a Hidden Order Block. Both of which represent areas of Demand as there are plenty of short orders there that need clearing and any shorts placed to drive price down will be removed one price taps into this area, Demand (buy order) will be introduced as this is a footprint for bulls to enter in.
Long
by Lukegforex
Japanese yen soars on Japan’s political dramaThe Japanese yen has steadied on Monday after posting huge gains on Friday. USD/JPY is trading at 142.43 in the European session, up 0.15%. The yen soared on Friday but it was in response to political rather than economic developments. The ruling Liberal Democratic Party (LDP) unexpectedly chose Shigeru Ishiba as its new leader and he will take over as Prime Minister on Tuesday. Ishiba’s win was a surprise as Economic Minister Sanae Takaichi was expected to win the LDP leadership race. The financial markets reacted sharply – the Japanese yen soared 2.1% on Friday while the Japanese stock market is sharply lower today. Takaichi is a strong supporter of lower interest rates while Ishiba favors the Bank of Japan’s moves towards normalization. Ishiba said today that he will call a snap election on October 27, which he is almost certain to win. Ishiba’s election would be a green light for the BoJ to continue tightening policy which would make the yen more attractive to investors. Overshadowed by the political drama was Monday’s Japanese data, which was a mix. Industrial production slid 3.3% m/m in August, after a 3.1% gain in July and well short of the market estimate of -0.9%. Yearly, industrial production declined 4.9%, compared to a 2.9% gain in July. There was better news from retail sales, which rose 0.8% m/m in August, up from 0.2% in July and a three-month high. Yearly, retail sales climbed 2.8%, up from a revised 2.7% in July and above the market consensus of 2.3%. Inflation remains under control and this was reiterated on Friday by the US Core PCE Price Index, the Fed’s preferred inflation indicator. The index rose 0.1% m/m in August, a three-month low. This was down from 0.2% in July and below the market estimate of 0.2%. Yearly, Core PCE ticked up to 2.7%, after three consecutive months at 2.6% and in line with expectations. USD/JPY tested resistance at 142.86 earlier. Above, there is resistance at 143.19 There is support at 142.26 and 141.93
by OANDA
USD/JPY Analysis: The Yen Strengthens by Over 2.8% in One DayUSD/JPY Analysis: The Yen Strengthens by Over 2.8% in One Day According to Reuters, it was announced on Friday that Shigeru Ishiba, known for his tough stance on interest rates, will become Japan's next Prime Minister. This news caused a sharp intraday reversal in the USD/JPY exchange rate on Friday: while the price initially rose in the morning (as shown by the arrow), it was followed by a sharp downward impulse later in the day. Technical analysis of the USD/JPY chart shows: → The price made a false bullish breakout of the upper boundary of the descending channel before retreating back inside it; → The price broke the upward trend (marked by blue lines); → The ¥143 level shifted from support to resistance; → The current support comes from a line drawn below the blue channel (shown by the dotted line). This suggests that the bears may have taken control, and if their pressure intensifies, the USD/JPY pair could head lower towards the median line of the red channel. Note: Around 21:00 GMT+3 today, Federal Reserve Chair Jerome Powell is scheduled to speak in Nashville at the annual meeting of the National Association for Business Economics. His remarks could trigger increased volatility in the USD/JPY exchange rate. 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 FXOpen
1
USD/JPY Ends Pullback with Bearish Engulfing PatternShort-term momentum has realigned with the long-term downtrend in USD/JPY. Friday’s price action formed a bearish engulfing pattern, signalling that the recent rally may have come to an end, as sellers regained control. Why USD/JPY Has Been Trending Lower Since July USD/JPY has been in a steady decline since the Bank of Japan's (BoJ) unexpected shift in policy back in July 2024. The BoJ's decision to increase interest rates caught many off guard, prompting a rapid unwinding of the massive yen carry trade. This move, combined with the Federal Reserve signalling a more dovish outlook with potential rate cuts, has pushed the yen stronger against the dollar. The result? A persistent downtrend in USD/JPY, further confirmed by the 50-day moving average crossing below the 200-day moving average—a well-known "death cross" pattern that underscores bearish momentum. Bearish Engulfing Pattern on the Daily Candle Chart Last week, USD/JPY began to retrace higher, approaching both the 50-day moving average and the volume-weighted average price (VWAP) anchored to the July highs. However, Friday’s trading session brought that pullback to a dramatic halt. After starting the day with upward momentum, prices reversed sharply, closing at the week's lows. The resulting daily candle formed a textbook bearish engulfing pattern, where Friday’s price range completely eclipsed the ranges of the previous four days. This is a significant technical signal, as it shows that sellers decisively reasserted control, realigning short-term momentum with the longer-term downtrend. USD/JPY Daily Candle Chart Past performance is not a reliable indicator of future results Hourly Candle Chart: Breaking the Retracement Zooming in on the hourly chart, Friday's price action becomes even more revealing. Early in the session, a sharp increase in selling pressure emerged on elevated volume, snapping the ascending retracement line that had been guiding the short-term rally. This breakdown was accompanied by an aggressive surge in selling, which continued throughout the day. For swing traders, this shift offers an actionable opportunity. Anchoring a new VWAP to the recent swing highs on the hourly chart provides a dynamic moving average that traders could use to sell pullbacks into, aligning trades with the dominant bearish trend. USD/JPY Hourly Candle Chart Past performance is not a reliable indicator of future results Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. Social media channels are not relevant for UK residents. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83.51% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
by Capitalcom
USDJPY - one n only area, what's next??#USDJPY.. perfectly holding out major supporting area of the month n quarter as we told you in our last couple of ideas regarding USDJPY. Now market is just near to his one of the most important resistance of the week n today. That is 143.50 Keep close that area because it will be your key level in tomorrow and in overall move. If market hold it then again drop expected below that otherwise after that level market will leads you towards upside mentioned areas. Good luck Trade wisely
by AdilHussain731333