USDJPY BearishI know its early to sell without breakout. But taking the risk nevertheless.Shortby noumannaseer3
Bullish Reversal on USD/JPY"Based on the demand and supply zones strategy, we anticipate a bullish reversal in USD/JPY. After a significant downward movement, the price has reached a key demand zone, where buyers typically step in, creating upward pressure. Historically, these zones have acted as strong support, leading to substantial rebounds. Current market sentiment, combined with the oversold condition, suggests that buyers will overpower sellers, pushing the price upwards. This spike is likely to gain momentum as more traders recognize the opportunity and enter the market." "Please note that the information provided is for educational purposes only and should not be considered as financial advice. Market predictions are inherently uncertain, and trading involves risk. I am not responsible for any financial losses or damages that may result from trading decisions based on this analysis. Always conduct your own research or consult with a professional financial advisor before making any investment decisions."Longby ShikoFX0
Buy Opportunity on UJMajor down trend for this pair, however on the week we are seeing nice BULLISH PINBAR at a key around 142, where price has not touched since Jan of this year. Droping down to the daily we i notice a MORNING STAR PATTERN that completed on yesterday. Now a bullish pinbar is forming today, that could be a confirmation we need to go long. On the 4hr price as created HH and HL and the are RSI is oversold. We could see price push to the key level area in blue that could become resistance, there is also untapped DAILY IMBALANCE there as well. I am wait on my entry with a buy stop.Longby Red5FX1
USDJPY08.08.24 |USDJPY | Forex | Sell at 142.25 SL 142.48 TP 141.85 Status Active The pair is getting Channel support before getting the final reversal. so for intraday trade, you can cash that move.Shortby Trading-Axle1
USDJPY Bullish TrendUSDJPY has formed a new Bullish Trend on an Hourly Timeframe. Currently, it is consolidating around a significant Support Level and a newly formed resistance. A cross above our Resistance and a retest ( Bullish engulfing candlestick ) will confirm that the Buyers are still in control, and we shall enter buys with the possibility of swinging them, but the safe Take Profit will be 149.100 and the safe Stop Loss will be the recent Higher Low targetting 1:3 RR. A cross below our Support and a retest (Bearish engulfing candlestick) will confirm that the Sellers want to regain power and we shall enter sells only Scalp Trades with the Take Profit being around 144.000 and Stop Loss being the recent Lower High targetting 1:3 RR. IF NO ENTRY CONFIRMATION IS PRESENTED, THEN NO TRADE SHALL BE TAKEN.by NO_RISK_NO_STORY_FXUpdated 0
USDJPY1.USDJPY is on an overal Uptrend move. 2.It broke the Higher High, leaving a Flip zone, the price had to make a correctional move(retest of the break). 3.The price is now at a flizone and has reached its lowest point of correction. 4.Now the price has to move all the way up to the last High created by the price before a correctional move.Longby Hyper_fxt4
USDJPY DOWN USD/JPY holds recovery near 146.50 after BoJ Summary of Opinions USD/JPY holds the recovery near 146.50 in Asian trading on Thursday. The Japanese Yen defends bids after the BoJ Summary of Opinions and amid a risk-off market mood, acting as a drag on the pair. The focus shifts to US employment data. USD/JPY is the forex ticker that shows the value of the US Dollar against the Japanese Yen. It tells traders how many Yen are needed to buy a US Dollar. The Dollar-Yen is one of the most traded forex pairs - second only to EUR/USD - and is a benchmark for Asian economic health and even the global economy. View the live Dollar-Yen rate with the USD/JPY chart and improve your technical and fundamental analysis with the latest USD/JPY forecast, news and analysisAlthough Tuesday’s rebound was short-lived, comments by BoJ officials spurred a U-turn on the USD/JPY, which posted a close below 144.20 on Tuesday, but it’s registering its largest gains since March 2023. If USD/JPY extends its gains past the 148.00 figure, this could exacerbate a test of the Tenkan-Sen at 148.45. Further gains lie overhead at 149.00 before buyers can push the exchange rate toward the 200-day moving average (DMA) at 151.50. Conversely, if sellers push the exchange rate below the August 6 high of 146.37, that will pave the way for a pullback. The next support will be the 146.00 mark, followed by the 145.00 figure. Further losses lie underneath at the August 6 low of 143.61.by JohnHarry_70
USDJPY Possible Long Position BBMA OA ReEntry Zone Zero Loss 4H - Re-Entry 1H - 50 EMA Rejection + Bollinger Band Rejection 15m - CSAK + Entry in MALO Note: * Cancel trade or cut-loss when candle close Below MAHI (2 Red Color Lines) in 4H * 1:3 RRR * TAYOR * Check XXXJPY Pairs for Possible Same Set-up A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis I am using the BBMA OA Reentry Zone Zero Loss Strategy as a basic reaction to recent market events, rather than attempting to forecast the market's future course Longby GreggiBond111
USD/JPY hints at rebound ahead of US PCEThe resurgence of the yen took a breather on Thursday, allowing USD/JPY to form a bullish pinbar around key support levels, including the 200-day EMA, 152 handle and 2022 MOF intervention level. Given the pair has already retraced 16% since the July high, a technical bounce seems plausible. A bullish divergence formed on the 1-hour chart ahead of thew strong rally from support, which was accompanied with rising volumes. Bulls could seek dips within Thursday's range to seek dips and increase the potential reward to risk ratio. The volume cluster around 155.5 (weekly S1 pivot, 100-day EMA) is the next major resistance zone for bulls to target. Longby CityIndexUpdated 5
USDJPY Potential Sell SetupAfter a regular flat in a downtrend . what do you expect? Time will tell by samnebo0
USDJPY Is Approaching An Important SupportHey Traders, in tomorrow's trading session we are monitoring USDJPY for a buying opportunity around 144.500 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 144.500 support and resistance area. Trade safe, Joe.Longby JoeChampionUpdated 88107
Potential bullish rise?USD/JPY has reacted off the pivot and could rise to the pullback resistance. Pivot: 145.48 1st Support: 142.06 1st Resistance: 150.84 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 ICmarkets11
USDJPY bear weight ON. JPY safe haven status in PLAY now.FX:USDJPY JPY flight to safety currency / safe haven status in play now after the recent geopolitics conflict. Will the strength reverse now in favor of JPY. Let's see. Weekly shift registered. Spotted at 148.90 TAYOR. Safeguard funds always.Shortby JSALUpdated 5
UJ 07.08.24To the downside! The overall trend is down so I may close out half the trade at my first TP and see what happens Shortby kennyej117
USDJPY ANALYSIS.I think usdjpy going down for draw white zone in the chart support zone but on problem is 15m Ema50 roadblock. Because Ema50 support zone, they roadblock success in 15minute chart so usdjpy sideways.Shortby akm780
USDJPY Looks bullish: setting a buy stop at 145.663 to enter the market once the price confirms the bullish momentum. The stop loss is placed at 143.947 to manage risk, while the take profit target is set at 149.2374 to capitalize on anticipated gains. Trade Plan: Buy Stop: 145.663 Stop Loss: 143.947 Take Profit (TP): 149.2374 Account Size: $10,000 Risk-Reward Ratio (RR): 0.15 Lot Size: 0.0153 LotsLongby nilambano3114
How Central Banks Move MarketsCentral banks captivate traders across the world because of their immense importance: they are the institutions responsible for managing a nation's monetary system. One change by a major central bank can send markets moving by directly impacting the cost to borrow and the value of money within a nation. Most recently, the Bank of Japan's decision to hike interest rates, reflecting a shift in its monetary policy to address inflationary pressures, sent a shockwave throughout the markets, which can especially be seen on the USDJPY chart . In this post, we’re going to dive into the basics of central banks, why they matter, and how new traders can understand them. What Do Central Banks Do? The primary duties of a central bank include setting monetary policy, controlling inflation, ensuring high employment levels, and maintaining currency stability. They can also issue currency to control money supply, function as the bank for the government, regulate the credit system, oversee commercial banks, manage exchange reserves, and act as lenders of last resort. In short, central banks do a lot! They manage a nation’s money, and their actions can move markets. The Primary Tool of Central Banks Central banks perform a delicate balancing act to manage economic growth and control inflation. Their primary tool for doing this is setting interest rates and communicating that to the markets. For example, if the economy grows too quickly, inflation can rise, making prices too high for consumers. Conversely, slow economic growth can lead to higher unemployment. The main tool central banks use to maintain this balance is the base interest rate, which they control and communicate through meetings, announcements, and economic calendars. By raising or lowering these rates, central banks influence economic activity, either encouraging spending and investment or promoting saving. Why Interest Rates Matter Interest rates impact the economy by encouraging either saving or spending. Lower interest rates make borrowing cheaper, prompting businesses to invest and individuals to buy homes, stimulating economic growth. However, if growth becomes excessive, inflation can surge, leading to reckless spending and potential economic instability. Raising interest rates can slow down economic activity, reduce inflation, and discourage borrowing, ensuring a more stable economy. Once again, central banks need to find a fine balance. How Fed Decisions Impact Markets Remember we mentioned the Bank of Japan earlier in this post? Well, by raising interest rates, they signaled to the market a possible new direction in controlling inflation not only in Japan, but also those who trade related instruments like Yen-denominated forex pairs from USDJPY to GBPJPY. Higher interest rates attract investors seeking better returns, increasing demand for that country's currency. Conversely, lower interest rates can lead to currency depreciation. More importantly, traders may also use strategies like carry trades, buying currencies with high-interest rates and selling those with low rates to profit from the interest rate differential, highlighting the interconnectedness of central bank policies and global financial markets. So, when interest rates change, it can have sweeping impacts across markets. Did You Learn Something New? Our team of researchers and market specialists will be sharing more educational content so be sure to follow our account for instant updates. Also, be sure to check out our latest ideas here . by FOREXcom7
usdjpy selllooking to sell this pair. very good risk to reward ratio. lets see how this goes.Shortby mbm19113
UJ shortLooking for a move back to fill gap. Strength seems to be currently USD short direction, plus the existence of a decent looking top here.by Iboltax3
USD/JPY Analysis: Rate Stabilizes After TsunamiUSD/JPY Analysis: Rate Stabilizes After Tsunami Less than a month ago, the rate was above 161 yen per US dollar. This week, it dropped below 142.5 yen (approximately -12%). The strengthening of the Japanese yen was driven by actions from the Bank of Japan and financial authorities: → Intervention to support the yen in mid-July; → An interest rate hike last week. On its downward trajectory, the USD/JPY rate broke through: → The ascending trendline (shown in purple); → The median line of a large ascending channel (shown in blue) that began in 2023; → The psychological levels of 160 and 150 yen per dollar. The bears' aggression seems to have exhausted near the lower boundary of the blue channel. This was aided by statements from authorities aimed at stabilising financial markets, including the Japanese stock market. Specifically, Bank of Japan Deputy Governor Shinichi Uchida said: “I believe that the bank needs to maintain monetary easing with the current policy interest rate for the time being, with developments in financial and capital markets at home and abroad being extremely volatile.” He also noted that concerns about the US economy, combined with actions from the Bank of Japan, triggered the volatility. Technical analysis of the USD/JPY chart shows that: → Following the "dovish" comments from authorities, the price returned within the blue channel, and the RSI is recovering after falling below the 15 level. → If the bears resume pressure, support may come from both the lower boundary of the channel and the December 2023 lows around 141 yen per dollar. → Resistance can be expected at the psychological level of 150 yen per dollar, where the bears proved their strength after brief fluctuations around this level at the start of the week. It is possible that, following the volatility "tsunami," the market's turbulence will subside, and the forces of supply and demand will more accurately indicate the fair value of the yen relative to the US dollar in light of the latest news. 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 FXOpen229
Did the Bank of Japan just tip its hand to Yen short-sellers?Last week's surprise rate hike from the BoJ sent shockwaves through the USD/JPY pair and broader markets. However, recent comments from the BoJ indicate that they may hold off on further rate hikes until the market stabilizes. The BoJ is also counting on a soft landing for the US economy—a scenario now seemingly less likely. This might pave the way for a bounce in USD/JPY, which remains long-term bullish above 140.18. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such informationLongby ThinkMarkets4
USDJPY NEW SETUPUsdJpy create bull trend , if the marker retrace then u take a trade otherwise skip the trade positionShortby Forex_bank_Liquidity113