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U.S. Dollar / Japanese Yen

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USDJPY trade ideas

Fundamental Market Analysis for January 23, 2025 USDJPYThe Japanese yen (JPY) rose during the Asian session on Thursday following the release of better-than-expected Japanese trade balance data, although it remains close to a one-week low against its US counterpart from the previous day.The Bank of Japan (BoJ) is expected to raise interest rates imminently, a prospect which continues to support the yen. Additionally, the Federal Reserve's (Fed) anticipated interest rate cuts this year are a factor in the subdued US Dollar (USD) price action, which is limiting the USD/JPY pair's recovery from a more than one-month low reached on Tuesday. Nevertheless, JPY bulls seem reluctant to take a risk and prefer to adopt a wait-and-see approach ahead of the crucial two-day Bank of Japan meeting that starts this Thursday. Concerns over US President Donald Trump's tariff plans and risk-on sentiment may also deter further yen appreciation, but the diverging policy expectations of the BoJ and Fed require some caution before confirming that the USD/JPY pair has formed a short-term bottom.Traders now await Trump's speech at the World Economic Forum to build momentum ahead of the expected BoJ decision on Friday. Trade recommendation: Watching the level of 156.500, trading mainly with Buy orders
Long
by Fresh-Forexcast2004
USDJPY Short USD/JPY Short Trade Analysis This trade is purely structure-based, as I do not trade news events like Inauguration Day. My focus is entirely on price action and market structure. The market recently dipped below the structural level at 156.310, signaling a potential bearish continuation. Currently, it's forming its Outside Return (OR)—a pullback that aligns with the broader downtrend. My target for this trade is the next key support level at 154.551, consistent with the ongoing bearish sentiment. Staying true to market structure and ignoring news helps me maintain a disciplined and objective trading strategy.
Short
by AlexanderPlant
USD/JPY "The Gopher" Forex Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the USD/JPY "The Gopher" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long & Short entry. 👀 So Be wealthy and safe trade 💪🏆🎉 Entry 📈 : You can enter a Bull or Bear trade at any point after the PPI news. Stop Loss 🛑: Using the 1H period, the recent / nearest Pullbacks. Goal 🎯: Bullish Robbers TP 160.00 (or) Before Bearish Robbers TP 155.500 (or) Before Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release. Fundamental Outlook 📰🗞️ The upcoming PPI news is expected to be positive, with the Producer Price Index for final demand predicted to rise. This is based on the recent trend of increasing prices for final demand goods and services. In the previous month, the index for final demand goods moved up 0.7 percent, with prices for final demand foods jumping 3.1 percent. The index for final demand services also rose 0.2 percent, led by a 0.8-percent increase in margins for final demand trade services. Upcoming Fundamental Indicators: Interest Rate Divergence: US Federal Reserve vs. Bank of Japan US Economic Data: Non-Farm Payroll, GDP growth rate Japanese Economic Data: GDP growth rate, inflation rate Trade Tensions: US-Japan trade tensions Upcoming Market Sentiment: Bullish Sentiment: 70% Bearish Sentiment: 30% Neutral Sentiment: 0% Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂
by Thief_Trader
2
USDJPY-bias long Pair is in bullish trend and making higher highs and higher lows , making a bullish flag in day time frame with the support respected at 156.85 Inverted hammer candle in 4 hr time frame indicates bullish continuation. Pair is making inverted head and shoulder in 1 hr time frame. Ma 21 respected in 30 min indicates bullish momentum,. MA200 respected in 2 hr time frame Day time frame shows bearish divergence which is on the bearish side point and the MA 21 respected in 2 hr My bias is bullish based on most of the confluences Trade plan bias long @ 157.33 SL:156.865 TP1:158.07 TP2:158.66
Long
by gouthamkulal1
USD/JPY H4 | Bullish uptrend to extend?USD/JPY is falling towards a swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 156.60 which is a swing-low support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 155.80 which is a level that lies underneath a multi-swing-low support. Take profit is at 158.54 which is a pullback resistance. 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. 64% 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 (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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.
Long
by FXCM
1
USDJPY WANT SELLING ZONE AT 156.50📉 USD/JPY Analysis & Forecast - H4 Time Frame 💴 Technical Overview: Trend Reversal: USD/JPY has broken down from its upside trend, signaling a potential shift in market sentiment. EMA Crossovers: Price has crossed below both the 50 EMA and 200 EMA, confirming bearish momentum and creating a favorable environment for sell entries. Key Levels: Support Zone: 156.30 Resistance Zone: 158.00 🔻 Forecast: Technical Targets: First Target: 153.50 Second Target: 151.00 The breakdown and EMA crossovers align with the bearish outlook, with the price likely aiming for these targets in the short to medium term.
Short
by DOLLARMAN_FOREX_TRADER
USD/JPY not participating in the USD pullbackDXY has put in a noticeable pullback so far to start the week, and that move stands out with the retracement in EUR/USD and the bounce so far in GBP/USD. Notably, however, the USD isn't weak everywhere, as USD/JPY has held support at prior resistance, so far. This similarly directs attention to tomorrow's CPI print but I think what's important in USD/JPY is the 160 level, which only traded briefly last year before the July 11th reversal. That reversal came from a combination of both weak US CPI and a BoJ intervention that sent the carry trade spiraling lower. More recently, with 10-year US Treasury yields perking up, there's been motive for carry trades to continue and this is one possible reason for the divergence between USD/JPY and DXY, so far this week. For now, USD/JPY price action remains bullish as we've seen a hold of higher-low support at prior resistance. But if bears can take that zone out, from the 76.4 to 78.6 Fibonacci retracements of the July-September pullback, that view can change quickly. - js
by FOREXcom
USDJPY - Potential Correction, SHORTDear Friends, How I see it: Rising Wedge Pattern. Price is holding around fair market value, exhaustion characteristics. Safest Option: Waiting for a wedge " breakout and hold" for a short entry. However, best practice is to accumulate inventory above or close to FMV at least for your short entry Keynote: Strong support around 156.250 which could serve as the re-test support. I deeply appreciate you taking the time to study my analysis and point of view.
Short
by ANROC