Long goals about jpy/usdToday was a good informational day. I wasn’t got my entry but it’s fine. Context is understandable, we keep working.
USDJPY trade ideas
USD/JPY - Target Hit!📈 USD/JPY - Target Hit! 🎯🚀
The bullish breakout on USD/JPY has successfully hit the key target zone of 156.667, as anticipated in our previous analysis. Momentum remains strong, paving the way for potential further upside!
🔍 Key Highlights from the Recent Move:
1️⃣ Bullish Breakout Confirmed:
The pair held strong above the critical support of 152.175, validating our bullish outlook.
Price surged past 156.724, achieving our projected target zone.
2️⃣ Momentum Drivers:
Trading firmly above the 50-day Moving Average, reinforcing the upward trend.
Increased buying pressure from institutional levels continues to support higher moves.
3️⃣ Next Potential Levels:
With momentum intact, the next resistance zones to watch are 160.926 and 161.615.
Breakout above these levels could signal a new bullish wave.
🚨 Risk Management Reminder:
As always, ensure stop-losses are placed effectively below key support levels (152.000) to mitigate risks.
🔥 Conclusion:
USD/JPY remains in a bullish zone, and we’re keeping an eye on the 160.926 - 161.615 levels for the next breakout. Stay tuned for more updates and precise setups to capitalize on market opportunities!
🔔 Follow us for more actionable insights and timely updates! 📊✨
#003 DCA NEW2 USDJPY LONG Up TrendAdd : 5D range, higher high higher low, strongest trending pairs.
(This should be what I have said instead, but I haven't been taking any trades for awhile so I forgotten what I would want to say in every trade I take.)
2316SGT 26122024
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Trend is in an obvious up, and higher high and higher low as in.
So,
Long when trend is up.
Short when trend is down.
Avoid trading into ranging and major support and resistance areas.
Scale in when price goes in our favour.
DCA when price goes against our favour.
Use 5 Day range and line chart.
DCA at major levels only, and not every minor and micro support and resistance level.
GBPAUD trade still intact as price is ranging.
2303SGT 26122024
USDJPY wave structure analysis of 15 minute time frame- 1H swing is bullish => Currently is pullback down
- M15 swing is bearish => Currently is pullback up
- We can look for a selling opportunity down to the demand zone of the 15-Minute Timeframe
USDJPY Under Pressure! SELL!
My dear subscribers,
This is my opinion on the USDJPY next move:
The instrument tests an important psychological level 157.85
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 154.68
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
USDJPY → Consolidation in the buying zone FX:USDJPY continues its bullish rally on the background of growing dollar. The fundamental background is on the side of the dollar, which is generally a negative factor for the yen.
Technically, the price is still inside the uptrend. Moreover, the currency pair is breaking the flat resistance and after the correction and false breakout, it is consolidating above 156.75.
If the bulls hold the defense above this level, the currency pair will head towards 160-162 in the medium term. The technical and fundamental background is on the side of the buyer.
Resistance levels: 157.76, 160
Support levels: 155.88, 154.5
Price consolidation above 156.76 and further breakdown of the local maximum will provoke active purchases, which may lead the price to the targets indicated on the chart.
Regards R. Linda!
Happy Holidays and a productive 2025!
2612 USDJPY still got more than 400 pips up to rise!Hello traders,
The latest speech by Bank of Japan Governor Kazuo Ueda stated:
★ Even if the economy and prices improve, maintaining the current low interest rates could make monetary policy too loose. An overly loose monetary environment may force the Bank of Japan to significantly raise interest rates, which would be detrimental to long-term economic growth. The timing and pace of further adjustments to monetary support will depend on the economic, price, and financial conditions at that time.
★ If monetary policy remains too loose, it may force the Bank of Japan to raise interest rates quickly, which would have a negative impact on sustainable economic growth.
★ There is a high level of uncertainty regarding the overseas economic outlook, especially concerning the economic policies of the incoming U.S. administration. U.S. policies could have a significant impact on the global economy and markets, so the effects on the Japanese economy and prices must be studied carefully.
Interestingly, this statement was interpreted by the market as "a cautious attitude towards changing interest rate policy," meaning that the Bank of Japan may not raise interest rates in the near term. Following the speech, the dollar-yen exchange rate rose by 0.1%.
However, before the December monetary policy meeting, about 86% of economists surveyed by the media indicated that the timing for raising interest rates has matured. The Japanese inflation data released on Thursday was not ideal:
- November CPI rose 2.9% year-on-year, accelerating from October's 2.3%;
- November CPI (excluding fresh food) rose 2.7% year-on-year, up from a previous value of 2.3% and an expected value of 2.6%;
- November CPI (excluding fresh food and energy) rose 2.4% year-on-year, compared to a previous value of 2.3%.
The CPI growth reflects that the impact of government energy subsidies and rising food prices is gradually fading, and potential inflationary pressures in Japanese society are building up.
In this context, is the market's understanding of the Bank of Japan's speech as "not preparing to raise interest rates" and continuing to implement a loose monetary policy overly optimistic?
Technically, USDJPY is still running above EMAs on daily chart. I would really like to wait for a retest of red EMA and reentre to long this pair again, up to target FIBO EXT 1.27 161.50.
What is your plan ?
Happy new year!
LESS IS MORE!
USDJPY H1 I Bearish Drop Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 157.32, which is an overlap resistance.
Our take profit will be at 156.68, a pullback support level close to the 50% Fibo retracement.
The stop loss will be placed at 157.92, which is a swing high resistance level.
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Long tradeLong trade given by my algo. If 1st target gets hit, i will then move my stoploss to breakeven
Classic Tuesday #4 (Wednesday FOMC)On FOMC Daily Candle
GBP 164 Pips (5adr 83 Pips)= 1,97
EUR 165 Pips (5ADR 60 Pips)= 2,75
JPY 150 Pips (5ADR 130 Pips)=1,15
After FOMC JPY didn't reach the right Pips in Wednesday but it made sense if combined
WED+THU Daily candles
GBP 227 Pips= 2,73
EUR 165 Pips= 2,75
JPY 442Pips = 3,4
USD_JPY WILL KEEP GROWING|LONG|
✅USD_JPY is trading in an
Uptrend and the pair is
Already making a rebound
From the horizontal support
Of 156.394 so we are bullish
Biased and so we will be
Expecting a further
Bullish continuation
LONG🚀
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USDJPY Possible LongsConfluences:
Daily Level
38.2
156 Psych
4hr retest on trendline
This is a calculated trade as it's nearing the EOY.
USD/JPY Soars Above Resistance: Next Stop 160?USD/JPY Trade Analysis:
Breakout Confirmed: USD/JPY has broken above the descending trendline and is holding above the 152-155 support zone.
Targets:
Short-Term: 161.00 (previous high).
Long-Term: Potential for new highs if momentum continues.
Stop Loss: Below 152.00 to protect against invalidation.
Entry: Ideal entry near 155-157 on a retest of the breakout zone.
Summary: USD/JPY shows bullish momentum with a breakout. Look for a retest for a better entry, targeting 161 with proper risk management.
DYOR, NFA
JPYUSD Roadmap Dec 2024The most important chart of 2025. Likely to inflect in 1H25 and disrupt cross border funding into US assets
Japan's corporate service inflation rises, yen steadyThe Japanese yen is showing little movement on Christmas Day. Japanese markets are open but with most global markets closed for the holiday, the currency markets will be very quiet today. In the European session, USD/JPY is trading at 157.29, up 0.08% on the day.
Japanese inflation indicators have been heading higher and the upswing was repeated on Wednesday as Japan's corporate service price index (CSPI) climbed 3.0% in November. This marked a second straight month that CSPI has accelerated, after a 2.9% gain in October.
CSPI measures the price that companies charge each other for services and is a leading indicator of service-sector inflation, which is closely watched by the Bank of Japan. The rise in CSPI supports the case that wages are rising and businesses are passing higher costs to consumers. This increase in demand-driven inflation is exactly what the BoJ wants to see before raising interest rates.
The BoJ has hinted that further rate hikes are coming but hasn't provided any hints about the timing. There were some expectations of a rate hike at last week's meeting but the central bank stayed on the sidelines and Governor Ueda sounded dovish, saying that inflation was increasing "at a moderate rate" and the BoJ could take its time raising rates.
Is Ueda throwing up a smoke screen to keep speculators away when the BoJ is in fact planning a rate hike in the next month or two? Perhaps. Inflation has been trending higher and the yen is falling fast, plunging 9.5% since Oct. 1. The yen pushed past the symbolic 160 level in July and could do so again. If the BoJ is genuinely concerned with the rapid descent of the yen, it will have to consider a rate hike or take more extreme action and intervene in the currency markets to prop up the ailing yen.
There is resistance at 157.41 and 157.66
USD/JPY tested support at 157.15 and 156.90 earlier. Below, there is support at 156.64
USDJPY: Anticipating the DeclineAs we set our sights on the USDJPY pair, signs suggest a potential retreat from current heights. With a strategic entry at 157.074, we're eyeing a close target at 156.845, whilst safeguarding against reversal with a stop loss at 157.347. This setup is rooted in our tried-and-true EASY Trading AI strategy, providing a logical framework for our anticipated move.
Several key factors underpin this negative outlook. Technically, USDJPY has been showing signs of overextension, often a precursor to an adjustment. Investor sentiment seems to be leaning bearish due to recent macroeconomic indicators pointing towards a strengthening yen. This can be attributed to Japan's improving trade balance and increased domestic consumption, both signaling a robust economic recovery.
Moreover, broader market trends also provide clues. The USD is facing pressure, attributed to the recent dovish tones from the Federal Reserve amidst heightened inflation concerns, which has traditionally buoyed the yen.
This setup offers ample room for capturing profit while maintaining sound risk management. The EASY Trading AI strategy ensures that every decision is backed by thorough analysis, balancing historical performance with current market conditions. Stay informed and consider subscribing to our signals for timely insights.
For those looking to automate their trading, our MT5 algorithms offer a straightforward, efficient solution. Let's navigate the potential downturn in USDJPY with precision and prudence.
