USDJPY trade ideas
USDJPY SHORT - FOLLOWING THE DOWNWARD CHANNEL the pair meet the top of the channel and on a Friday (trap move) Monday, Tuesday will be a SELL
usd /jpy up trend i tkink if is not braking down the 141 if it will rebounce
my opinion is that wi go to 149 in 30 days or maximum 3 months
possible trades on ujas we see we are at the top of a bearish trend and there is also a baby bullish trend so if the big trend breaks we buy and if the little one breaks we sell
Usdjpy longThere is a very sensitive support level where it was triggered..allowing the bulls to move even more to the upside...
USDJPY 9/23/24💹
👁️ Outlook
30m Context Time Frame: Price have been breaking bullish and surfing above the emas. Price had just came off the 50ema and I would like to see price come back to the 10/20 emas on the 6m time frame for a valid pullback before looking for longs.
Daly Bias: Bullish
Keeping an eye on this. 👁️
USDJPY: Bearish Reversal ConfirmedThe USDJPY chart has developed an inverted head and shoulders pattern on the 4-hour time frame. Following the release of US economic data on Friday, the price surged and broke through the neckline of the pattern.
This morning, the price retraced and tested the broken neckline, which held as resistance. We can anticipate further upward movement from here.
Key support levels to monitor are 145.09 and 145.97.
USDJPY weekly key reversal bar dictation for strength for 149.3016th september weekly bar is a key reversal made a new low, closed off the high, dictation for strength in usdjpy for coming days and weeks. first target: 147.15, second target is 149.30, need a lot of patient for this trade to make handsome profit. stop loss below the weekly key reversal bar low.
USDJPY: Bearish Reversal ConfirmedThe USDJPY chart formed an inverted head and shoulders pattern on the 4-hour time frame.
After the release of US fundamentals on Friday, the price increased quickly and broke through the pattern's neckline.
This morning, the price tested the broken neckline and held as resistance. We can expect further upward movement now.
Potential support levels to watch for are 145.05 and 145.96.
USDJPY POSSIBLY SELL OPPORTUNITY!!!Price is currently trade at 143.811 which is a previous support now turn resistance. A sell opportunity is envisaged from the current market price. OVERLALL market structure remains bearish in monthly , weekly , & Daily timeframe.
USDJPY - Bullish Continuation - Weekly Support - Dow TheoryCAPITALCOM:USDJPY has retraced to weekly support level and has started to show sigins of bullish trend and momentum. I current have 2 buy positions running on this pair!
4 Hour Analysis:
1. Bullish divergence on RSI
2. Bullish trend - Price printing higher highs and higher lows
3. Potential Cup & Handle Pattern in play
4. Long term resistance trend line break and test
USDJPY Short Pullback TradeUSDJPY Short Pullback Trade
Price broke out from zone where I was looking for entry on retracement to anticipate in down trend on HTF.
Stop Loss below the recent low: 144.485
Take Profit: 142.232
1. R:R 1:1, 0.5% Risk
2. After reaching TP closing half and moving SL to Breakeven
3. Trailing the rest with market structure on M15 later H1
- Close the loser before hitting full SL if the retracement extends and the price does not confirm the anticipated reversal.
- Close the winner if a reversal signal forms (e.g., engulfing pattern, pin bar), especially on higher timeframes like H1 or if momentum weakens indicated by MACD oscillator, consider closing the remaining position early to lock in profits.
*No important news for USDJPY today*
USDJPY CONTINUE THE BEARISHfor so many confirmation found here and support already broken for many time, i think its time to usdjpy to bearish again
A DROP COMINGUSDJPY due to push down i expect it to drop if it retest that zone there, or it breaks that retest zone and we get acandle closure up side that zone we BUY
DeGRAM | USDJPY downturn in the channelUSDJPY is moving in an ascending channel between the trend lines.
The price has already reached the level of dynamic resistance, which has already acted as a pullback point.
Each touch of the resistance level was accompanied by the formation of bearish candlestick patterns on the chart.
We expect the correction to continue.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
USDJPY Possible SELL The market is currently testing the current daily Fib area 0.618. Based on 4HR TF, the market seems to be forming a possible reversal chart pattern.
We could see Sellers coming in strong should the current level hold.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
USDJPYAfter confirmation in lower time frame i will enter into long position
Follow the Risk Management
USDJPY Possibles Long Position BBMA ReEntry Zone Zero Loss4H - 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
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
USDJPY - Following The Bears!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 USDJPY has been bearish trading within the flat falling channel in red.
Currently, USDJPY is undergoing a correction phase and approaching the upper bound of the channel.
Moreover, the zone marked in blue is a previous major low.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the major low and upper trendline acting as non-horizontal resistance.
📚 As per my trading style:
As #USDJPY approaches the red circle, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
LOOKING TO GO LONG ON USD/JPYUSD/JPY 1H - As we know this is a bullish market and the prevailing trend suggests its going to continue to be. Price is however currently in a higher timeframe corrective phase suggesting temporary bearishness.
With that being said the structure inside of that is currently correcting putting in a bullish leg, this is what we are looking to get involved taking advantage of the current correction within the correction.
This is a safe bet as the prevailing trend is bullish anyways, giving us further strength to the upside, as you all know the trend is your friend so trading with the prevailing one only helps us in a situation like this.
I am waiting for price to trade us down and into an area of Demand allowing us to get involved in some buy positions at a better price with a better risk to reward ratio, once price trades us into our area of interest we want to see clear rejections to the upside so we can look to take part.
USDJPY - Move to the downside?Analysis on screen. This pair is currently giving me mixed signals but I'm following the bigger picture and for that reason I believe it's more likely we will make a move to the downside. I'm waiting for a break and retest of minor structure before taking a sell
USDJPY 139.52 JPY will be the level we will follow. I expect the dollar to appreciate, so I think that the (A) Level is the first stage of a possible Zig-Zag correction, the price seems to have made a leading diagonal from this level. As long as it stays above the level specified in the pullbacks, I will enter transactions with a stop below 139.52, this is what I want to see where the next LH will be completed first.
USDJPY Weekly Outlook: Slightly Bullish Bias – September 23,2024USDJPY Weekly Outlook: Slightly Bullish Bias – September 23, 2024
The USDJPY pair has been a focal point for traders, and as we enter the week of September 23, 2024, a slightly bullish bias seems to be developing. Several key factors suggest that the US Dollar (USD) could continue to edge higher against the Japanese Yen (JPY), driven by fundamental and technical market conditions. This article provides an in-depth analysis, highlighting critical elements affecting USDJPY this week.
Key Drivers Behind the Bullish Bias for USDJPY
1. Federal Reserve's Hawkish Stance
The primary driver for the USD strength is the Federal Reserve’s recent monetary policy stance. With the central bank signaling that interest rates could remain elevated for an extended period, the US Dollar has found solid support. Traders are pricing in the possibility that the Fed may hike rates again in the near future, which tends to strengthen the USD. Higher interest rates in the U.S. make the dollar more attractive to investors compared to the low-yielding Japanese Yen, which still sits in a negative interest rate environment.
2. BOJ's Ultra-Dovish Policy
The Bank of Japan (BOJ) continues to maintain its ultra-loose monetary policy, with no significant shifts expected in the near term. This dovish stance puts pressure on the Japanese Yen, especially as other central banks, including the Federal Reserve, are moving toward tighter monetary policies. The policy divergence between the Federal Reserve and the BOJ remains a significant factor driving USDJPY higher.
3. US Economic Strength
Recent U.S. economic data has shown resilience, with key indicators such as employment figures, retail sales, and inflation trends supporting the idea that the economy is in a solid position. This economic strength underpins the USD's upward trajectory. The robust economic outlook increases the likelihood of sustained monetary tightening by the Federal Reserve, further bolstering the USD.
4. Safe-Haven Flows Favoring USD Over JPY
While the Japanese Yen has traditionally been a safe-haven currency, the USD has increasingly taken on that role in times of global uncertainty. With ongoing geopolitical tensions and concerns about global economic growth, the USD has been more appealing to investors seeking safety, diminishing the Yen's haven status. This factor adds to the bullish momentum for USDJPY.
5. Technical Factors Supporting USDJPY
From a technical standpoint, USDJPY has been trading in a bullish channel, with higher highs and higher lows observed on the daily chart. Key support levels around 148.00 have held strong, providing a base for potential upside movement. On the upside, a break above the 149.50 resistance could trigger further gains, targeting the psychological level of 150.00.
Conclusion: USDJPY Slightly Bullish This Week
In conclusion, USDJPY is expected to exhibit a slightly bullish bias this week, primarily driven by the Federal Reserve’s hawkish stance, the BOJ’s dovish approach, and the relative strength of the US economy. Safe-haven flows are also favoring the USD over the Yen, while technical factors suggest room for further upside.
As we navigate the markets this week, traders should closely monitor central bank commentary, economic data releases, and geopolitical developments, as these will likely shape USDJPY’s trajectory in the coming days.
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