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USDJPY trade ideas

USD/JPY Possible bullish movement 1H AnalysisHi guys, we had some good news about the JPY , which made the USD /JPY correct it's price and upward steady movement. Today we have a few very big companies showcasing their earnings, and of course have quite a few important Fundamental events ahead of us, so this is why I am following on the re-stability of the USD/JPY pair. Entry: 156.825 Target: 157.825 As always my friends happy trading! P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
Long
by DG55Capital
4-hr USD/JPY: A Tricky Set Up For A Potential Buy TradeFor the past few months, USD/JPY gained 2100 pips! Then, about 10 days ago the USD started dropping and so far corrected with 300 pips, dropping down to 155.00. A local Double Bottom got formed and this level also aligns with the important 38.2% Fibonacci retracement. In theory, this should be a signal for a buy trade, but in contrast - we register a Death Cross as well, which is a historic sell signal. This set up on USD/JPY seems like a complete gamble, but the high potential profit makes is worth the risk. In order to minimize any potential losses, we would prefer to place a buy stop pending order, above 156.00. The possibility for a deeper correction towards 61.8% Fibonacci remains very real still, in the context of the 2100 rally since September. In addition to this, later this week on Friday, the Bank of Japan is expected to hike the rates, which may cause the JPY to rally with 500-1000 pips. In all cases, this trade should be taken with smaller lots and wider stop losses, to minimize the risk.
Long
by Trendsharks
USDJPY trade plan for intraday setup.The chart represents the U.S. Dollar (USD) versus the Japanese Yen (JPY) with a 15-minute timeframe. Current Price: The current price is marked at 155.714, as indicated at the top and reflected on the chart. Highlighted Entry Zone: A green rectangle in the price range of approximately 156.100–156.400 represents the suggested Entry Zone for a potential short trade. Trade Plan: The projection indicates a bearish move after the price enters the green Entry Zone. The chart suggests entering a short position in the entry zone and targeting the following levels: Take Profit 1 (TP1): Around 155.893 Take Profit 2 (TP2): Around 155.443 Take Profit 3 (TP3): Around 154.899 Stop-Loss (SL): The stop-loss level is marked at 156.822, just above the entry zone, ensuring a controlled risk if the trade moves against the strategy. Support and Resistance Levels: The chart highlights clear support and resistance zones: Support levels: Around 154.899 (lower green rectangle). Resistance levels: Around the entry zone and the stop-loss area. Price Action: The chart depicts a bullish price movement approaching the entry zone. The bearish wave is projected after rejecting the resistance. Risk-Reward Ratio: The setup appears to prioritize a favorable risk-reward ratio, with potential profit targets significantly outweighing the risk. This chart reflects a technical analysis-based strategy, commonly used in forex trading to identify high-probability trade setups.
Short
by laytonlui03
USD/JPY, Where to Next?As explained before before, USD/JPY drowned almost two percent this week, three scenarios can play out next: - Bearish scenario: Current 4H chart is evolving into a bear flag from previous TR, bears could get a second or third (depending on ur analysis) leg down towards 154.00 target: -Bullish scenario: Bulls could fight of the downtrend and reclaim 156.000 to evolve into a trading range. This will be hard as they have to reclaim 20 EMA where bears might be present. Bulls would need to show consecutive buying to show they are back in control. -Sideways trading: Trading could be sideways to reach 20 EMA on the daily before next move is decided. So far, odds favour the Bear scenario, the longer we stay below the trading range, the more likely bears are will get their bear leg. - Scalp idea for the day traders: Currently, theres an extending triangle evolving with an inside wedge top, this could be a sign bears are stepping in again. Bulls did not show strength at start of day, they got two small legs, but were not satisfied, likely to start selling again. Day could evolve into trading range day depending on reaction at day open. If extending triangle plays out and there's consecutive selling, 155 is the target with 20 EMA acting as resistance. Peace, B Setup
by Baudoouin
FOREX Forecast UPDATES! Jan 15, WednesdayIn this video, we will update the forecasts for the following FX markets: USD Index EURUSD GBPUSD AUDUSD NZDUSD CAD, USDCAD CHF, USDCHF JPY, USDJPY The USD is still strong, so no reason to sell in the near term. With price at Monthly and Weekly Supply levels, we have to proceed with caution in the near term. The bias is still bullish until the market gives us a HTF bearish break of structure. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
by RT_Money
USD/JPY climbs, markets eye TrumpThe Japanese yen is in negative territory on Wednesday. In the North American session, USD/JPY is trading at 156.53, up 0.68% on the day. There are no key releases in the US today. On Thursday, the US releases unemployment claims and President Trump will address the World Economic Forum. Trump has vowed to levy tariffs on US trading partners, including China and the European Union. The financial markets are taking his threats seriously, and on Monday, his first day in office as President, Trump announced that he was delaying applying tariffs until Feb. 1. That announcement was a relief for the market and the US dollar fell sharply against many of the majors, although the yen failed to gain ground. Will Trump's comments at the World Economic Forum shake up the financial markets? Investors are keeping a close eye on the Bank of Japan rate decision and December Core CPI on Friday. The central bank has hinted at a rate hike at the rate meeting and is widely expected to raise rates to 0.50%, which would be the highest level since the 2008 global financial crisis. After decades of deflation and an ultra-loose monetary policy, inflation has taken root and the BoJ is slowly moving towards normalization. The BoJ's tightening cycle makes it an outlier among the major central banks, most of which are easing rates in response to lower inflation. Japan's core inflation rate has been steadily rising and is expected to climb to 3% y/y in December 2024, up from 2.7% in November which was a three-month high. The core rate, which is a key gauge of inflation trends, has remained above the BoJ target of 2% for over two years and is a key reason why the BoJ is tightening policy. USD/JPY has pushed above resistance at 155.51 and 156.24. Above, there is resistance at 156.97 154.78 and 154.05 are the next support levels
by OANDA
USDJPY Volatility Alert: President Trump Takes Office and BoJ AhIt's a big week ahead for USDJPY traders and volatility has already started to increase to reflect that. Last week USDJPY bounced between a high on Tuesday of 158.20 and a low on Friday of 154.98, before recovering to close the week back at 156.27. Now much of that USDJPY volatility was tracking US 10 year bond yields, which fell after US inflation prints on Tuesday (PPI) and Wednesday (CPI) were not as high as some economists had feared, before bouncing on Friday. However, in the week ahead markets face a much sterner test. Donald Trump finally takes office on Monday as President of the United States, and after much speculation, traders and investors will finally get to see how strong he will be from day one regarding trade tariffs on key trading partners China, Canada, Mexico and the EU, as well as tax cuts and other election spending commitments. Will he be measured in his approach, starting small on trade tariffs and suggesting there could be more to come if certain stipulations aren't met, which may see the dollar trend lower, or will he go big from the start, with blanket global tariffs on all goods, which could stoke inflation fears, see US bond yields start climbing again, taking the dollar back up to higher levels. Now the BoJ get to watch this all unfold in real time and digest the impact President Trump's actions have on the direction of USDJPY before they decide whether or not to raise interest rates on Friday morning at 0300 GMT. Market expectations are for hike of 25bps (0.25%) after BoJ Governor Ueda stated last week that policymakers were considering a potential move. However, the BoJ have disappointed before and if USDJPY isn't pushing back up towards 160 again they may wait for another month of economic data readings. So may be there is potential for more USDJPY volatility than usual, and being prepared is always important. So, lets take a look at what the technicals say. Are USDJPY Technicals Telling Us Anything? Since posting the recent 158.88 recovery high on January 10th, price corrections have developed, in an attempt to unwind over-extended upside conditions. Within this type of price activity, it can sometimes be Fibonacci retracement levels that highlight potential support, and so far at least, it has been the 38.2% level at 154.98, that has held weakness. While much depends on future price activity, this support level may continue to be the focus at the start of the week. While this level remains intact, it’s possible fresh attempts to resume strength can be seen and extend what is still a positive pattern of higher highs and higher lows in USDJPY prices, materialising since September 16th. If this proves to be the case, a potential resistance level may be the Bollinger mid-average at 157.32, and while closing breaks are not guaranteed, if it were to happen such moves may see a more extended phase of price strength towards higher levels. What if Support at 154.98 Gives Way? The 154.98 retracement support is still intact to start the week, and while this remains the case the potential may prove to be to the upside,. However, closing breaks lower, if seen could skew risks towards a resumption of price weakness towards support at 153.77, which is the 50% level on the chart above, or even 152.67, the 61.8% possible support. The material provided here has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
by Pepperstone
USD/JPY begins to unravelUSD/JPY has fallen nearly -2% in two days, and the required central bank divergence between the Fed and BOJ appears to be returning, which could see prices much lower from here. Prices are close to reaching my bearish target at the monthly pivot point (154.60) outlined in yesterday's video, and prices are less than a day's trading-range away from it. Perhaps it can tag that key level today. However, with a bullish RSI (2) divergence on the daily chart, and the 50-day SMA nearby, bears may want to remain nimble. Still, if we see a bounce from the monthly pivot, bears could seek to fade into minor rallies within Thursday's range in anticipation of a move down towards the 1534 handle. Matt Simpson, Market Analyst at City Index and Forex.com
Short
by CityIndex
USD/JPY: Consolidation Ahead of Big MoveLooking at the 4-hour chart of USD/JPY, I see the pair is currently trading around 155.79, with a notable reaction at the support area near 155.50. The 34 EMA and 89 EMA have started to widen their gap, indicating that the bearish pressure is still in place. However, the 155.50 price zone acts as an important psychological support, creating a temporary balance between buyers and sellers. The 34 EMA acts as dynamic resistance near 156.20. If the price fails to break above this level, the downtrend is likely to continue. A break below 155.50 could drag the price to test deeper support at 154.80 – a strong support level in previous sessions. Conversely, if the price breaks above the 34 EMA, the pair could test the higher resistance at 156.80, near the 89 EMA.
by nini_gone
USDJAPY Successful trading requires meticulous planning and strong risk management. For instance, in the case of USD/JPY, the sell entry is set at 155.30, with three take-profit levels at 154.50, 154.00, and 153.50. These targets indicate key points where traders might secure profits as the market moves downward. To safeguard against excessive losses, a stop-loss point is defined at 156.50. This automated mechanism helps limit losses by closing the trade if the market moves in an unfavorable direction. Setting a stop-loss is a fundamental aspect of managing risk in volatile markets. One of the golden rules of trading is to never risk more than you can afford to lose. Implementing tools like stop-loss orders and spreading investments across multiple assets can reduce exposure to risk and safeguard capital. Trading success also hinges on the ability to learn and adapt. Markets are dynamic, and continuous education about trends, economic developments, and technical indicators is essential for refining strategies and staying ahead. Patience and discipline are critical traits for traders. By adhering to a well-defined trading plan, setting achievable goals, and avoiding emotional decision-making, traders can improve their chances of success. Each trade, whether profitable or not, provides valuable insights for growth and improvement. Through consistent learning, disciplined execution, and robust risk management, traders can navigate the complexities of financial markets, striving for long-term success while minimizing risks.
Short
by EXPERT117Ai
USDJPY - Long Setup My main trading principle is that the price always moves from swept liquidity levels to untouched liquidity levels. In particular case we clearly can see the following context: price swept 1D key swing low and left untouched swing high. But to take more statistically more probable trades we should wait for some type of lower timeframe confirmation, and it this case we can notice sign of strength, so potentially there is a higher probability to see price higher. Your success is determined solely by your ability to consistently follow the same principles.
Long
by Maks_Klimenko
USD/JPY - Bulls defending ? Monday may show significant volatility in markets following Trump investiture. Where the dollar will head to remains uncertain, number of FED cuts for 2025 remain uncertain but recent NFP reports and CPI showed strength in labor market and higher inflation, leaning towards a hawkish Fed for this start of the year. What matters for next week is Trump's investiture, market will be responsive to any type of communication from the incoming president. Trump has made it clear that he wants a weak dollar to reduce the trade deficit. Technical show that Dollar has gained incredible momentum over the past 4 weeks. There will be a clear dilemma for the markets on will Trump's politic will be inflationary (and cause Fed to hold rates higher for longer) or will he succeed in implementing a weaker dollar. Historically, Dollar fell the first months Trump was in office in 2017. - Currently, USD/JPY FX:USDJPY is trading around a key area around 156.000 around the 4H 20 EMA. Bulls showed up on Friday. Bulls reclaim 156.000 area of this 4H trading range: - If dollar remains strong next week, we could see the USD/JPY continue to trade within this 4H range, which would confirm a failed breakout from this TR and put our next target on 158.000. Multiple ways to trade this, scale in if bulls strong on Monday for aggressive traders or wait to see to see consecutive 4H bull bars for entries. -Valid fake outs often lead to aggressive moves in the opposite direction of the breakout as sellers may be trapped in a loosing trade leading to both bulls and bears buying. DXY TVC:DXY bounced of the bullish trending line: - The play for next week could be to see the dollar rally towards 110.000-110.500 area and see some potential reaction there, potentially some sideways trading before market decides its next move. Remember to be careful on this, last week USD/JPY was a bear bar closing below its lower half which may be a sell signal for next week. Next week will be volatile for markets so I'd recommend lowering your trading size. This is a C setup. Peace,
Long
by Baudoouin
USD/JPY Under Pressure: Yen Strengthens Amid Bearish MomentumThe USD/JPY pair exhibits a clear bearish inclination, driven by a combination of economic and market factors that are strengthening the Japanese Yen and weakening the US Dollar. Currently, the pair has dropped to approximately 155.60, recording a 0.44% loss for the day, with sellers evidently attempting to push the price further toward critical support levels between 154.90 and 153.15. The downward pressure is amplified by rising expectations of a rate hike by the Bank of Japan, further supported by recent positive data such as improvements in Japan’s core machinery orders, signaling a recovery in capital expenditure. Simultaneously, uncertainty surrounding the economic policies of the Trump administration contributes to a negative climate for the US Dollar, which is already under pressure from a recent slowdown in buying flows. From a technical perspective, the pair has encountered significant resistance in the 156.55-156.60 region, a level that halted previous recovery attempts and now acts as a key barrier. For a meaningful trend reversal, a sustained breakout above this resistance, followed by consolidation above 157.00, would be necessary to pave the way toward recent highs at 158.00 or even 158.85. However, the likelihood of a downward breakout seems more tangible, considering that the support at 155.25 represents the last defense before a drop toward the psychological level of 155.00 and further toward 154.60 and 153.30. The current market environment, characterized by reduced trading volumes due to Martin Luther King Jr. Day in the US, suggests caution for traders, as dynamics could quickly shift with the return of liquidity and the announcement of potential monetary or political decisions in both Japan and the US. The combination of positive economic data for Japan and expectations of higher rates positions the Yen in a place of strength, while the Dollar may continue to struggle without a clear positive catalyst. Holding below 155.00 would be a significant signal for bears, indicating an extended downward trajectory toward deeper support levels.
Short
by Forex48_TradingAcademy
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