Get started

U.S. Dollar / Japanese Yen

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

USDJPY trade ideas

USD/JPY Breaks ResistanceToday, USD/JPY is holding steady around 145.00, and when I look at the daily chart, I see that the pair has broken the neckline at 144.50, which is a clear sign that the uptrend is gradually returning. This opens up the prospect of stronger growth in the near future. According to my analysis, as long as USD/JPY holds above 144.70 (with important support at 144.50), we can expect the bullish momentum to continue. My immediate profit target is 147.00, and given the current situation, the possibility of reaching this level in the short term is very positive.
Long
by ConanTradingFX
USDJPY Buy ForecastUSDJPY New forecast👨‍💻👨‍💻 Note: Follow proper risk management rules. Never risk more then 2% of your total capital. Money management is the key of success in this business...... Set your own SL & TP. Please support this idea with a Like and COMMENT if you find it useful click "follow" on our profile if you will like these type of trading ideas delivered straight to your email in the future. Thanks for your continued support!! lemme know your thoughts in the comment sec...
Long
by King_CityStar_Fx
1
Fundamental Market Analysis for September 26, 2024 USDJPYThe Japanese Yen (JPY) remains depreciated against the US Dollar (USD) following the release of the minutes from the Bank of Japan's (BoJ) July policy meeting on Thursday. The yen faces challenges as traders expect the BoJ to ponder before further rate hikes. The minutes of the BoJ's monetary policy meeting expressed a general view among members on the importance of remaining vigilant on the risks of inflation exceeding targets. Several members indicated that raising rates to 0.25 percent would be an appropriate way to adjust the level of monetary support. Some others suggested that a moderate adjustment in monetary support would also be appropriate. Pressure on the U.S. dollar is being exerted by the increased likelihood of further interest rate cuts by the U.S. Federal Reserve (Fed) at upcoming meetings. According to CME FedWatch Tool, markets estimate the probability that the Fed will cut rates by 75 basis points to a range of 4.0-4.25% by the end of this year at around 50%. Traders' attention is now focused on the release of final annualized U.S. gross domestic product (GDP) data for the second quarter (Q2), due later in the day. On Friday, inflation data will be released in Tokyo, which could provide further insight into the economic outlook and possible monetary policy moves by the Bank of Japan. Trading recommendation: Trade predominantly with Sell orders from the current price level.
Short
by Fresh-Forexcast2004
UsdJpy could return to 150In mid-September, USD/JPY dropped below the 141.80 technical support level and even briefly fell under 140. However, this bearish move was short-lived and ultimately proved to be a false breakout. The pair quickly recovered, and despite some signs of a potential continuation of the downtrend from the trend line on Monday and Tuesday, yesterday's session was marked by a strong bullish engulfing candle that broke above the falling trend line. At this point, the path for further gains seems clear, with 147 and possibly 150 as upside targets for the bulls. In conclusion, as long as technical support holds, I am looking to buy on dips.
Long
by Mihai_Iacob
USDJPY, bound for more significant RISE, +800 pip prospect.USDJPY corrected heavily this past couple of weeks after reaching parabolic highs. The pullback retested and respected its long term strong support line with utmost precision. After that expected precised drop touch on its support base, weighty bounce followed thereafter. Now, based on daily data metrics, UJ is preppin to continue that strong recovery for a possible 800 pip growth prospect to 154.0 levels. The current bargain area is a good seeding zone. A shift in behavior has been spotted and a break in structure is forthcoming soon. A strong momentum is in order from here on. This is poise to become a pocket filler opportunity. Spotted at 146.0 TAYOR.
Long
by JSAL
USDJPY InsightHello, subscribers! Please share your personal opinions in the comments. Don’t forget to like and subscribe. At the September FOMC meeting, the Federal Reserve implemented a 50 basis point rate cut, while the Bank of Japan held rates steady on the 20th. The dot plot released along with the FOMC results suggested an additional 50bp cut could occur later this year. Earlier this week, China announced significant economic stimulus measures, including a 50bp cut to the reserve requirement ratio by the People’s Bank of China. This led to stronger risk appetite and appreciation of the yuan, putting downward pressure on the dollar. However, it seems that these effects have mostly been absorbed, and we are seeing some signs of a reversal. Meanwhile, Bank of Japan Governor Kazuo Ueda recently commented that the outlook for the U.S. economy remains uncertain, and he would carefully consider the timing of any rate hikes. Despite this, the market still anticipates a 25bp rate hike from the Bank of Japan in December. Upcoming Events: - September 26: U.S. Q2 GDP release, Fed Chair Powell’s speech - September 27: U.S. August PCE Price Index release USD/JPY has rebounded from the 140 level and reached the 144–145 resistance zone. If it meets resistance and declines, a mid-term downtrend could form, with further declines possibly reaching the 130 level. However, if it breaks through the 144–145 resistance zone, it is expected to rise to the 149–150 range. Since there is no clear trend beyond that, we’ll assess the situation when the time comes. If market movements differ from expectations, we will adjust our strategy quickly.
Short
by shawntime_academy
USDJPY H4 | Bearish Reversal Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 145.99, which is a pullback resistance and a 61.8% Fibonacci retracement and 161.8% Fibonacci Extension Our take profit will be at 143.45, an overlap support level. The stop loss will be at 148.22, an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
USDJPY Sell PositionTrade Journal Entry USDJPY Sell Time Frame: - Daily (FVG Identification) - 4-hour (Entry Signal) --- 1. Trend Confirmation: Identified a Break of Structure (BOS) on USDJPY by breaking the previous low at 143.43, indicating a continuation in market sentiment and confirming a bearish trend. Noted as well that price is just below a trendline, providing another resistance for price to break. 2. Fair Value Gap (FVG): On the daily chart, noted a Fair Value Gap between 145.00 and 144.25. This gap is a potential reversal zone where the price has revisited, providing a trading opportunity. 3. Entry Signal On the 4-hour chart, an engulfing bearish candle formed after touching the identified FVG zone. This pattern aligns with the bearish trend and indicates a potential continuation of the downtrend. 4. Trade Execution Entry Price: 143.58 Trailing SL: 144.70 (above trendline) TP1: 140.00-140.5 (previous low) TP2: 135.00 (1.618 Fibonacci) Risk-Reward Ratio (RRR): 1:3 - 1:7.5 Monitoring: Check-in daily at 8 AM & 8 PM 5. Outcome: Exit Price: Profit/Loss: pips Summary: The trade is based on a bearish trend confirmed by down trendline & the break of the previous low supported by the bearish engulfing pattern within the daily FVG. --- Linarto Wijaya
Short
by Phoenix-Rise-Trade