Selling momentum has weakened - uptrend continues🔔🔔🔔 USD/JPY news:
➡️ The USD/JPY pair declined after posting a gain of over 2% in the previous session, trading around 147.90 during Tuesday’s European session. The pair weakened as the Japanese yen appreciated, despite ongoing uncertainty surrounding the Bank of Japan’s (BoJ) interest rate outlook.
➡️ BoJ Deputy Governor Shinichi Uchida acknowledged both upside and downside risks stemming from potential U.S. tariffs, highlighting that such measures could put pressure on Japan's economy. He also stated that Japan's economic growth is expected to slow to its potential pace before gradually recovering, assuming a rebound in global economic conditions.
Personal opinion:
➡️ Signs of a decline from the oversold area seem to have weakened, USD/JPY cannot break down to the 157.50 area and shows signs of increasing again.
➡️ Analysis based on resistance - support zones and trend lines combined with EMA to come up with a suitable strategy
FM's personal plan:
🔆Price Zone Setup:
👉Buy USD/JPY 147.70- 147.60
❌SL: 147.30 | ✅TP: 148.40
FM wishes you a successful trading day 💰💰💰
USDJPY trade ideas
Oversold momentum - retest and continue to increase🔔🔔🔔 USD/JPY news:
➡️The Japanese yen weakened for a second straight day against the stronger U.S. dollar, pushing the USD/JPY pair closer to the 145.70 level during Thursday’s U.S. trading session. Investor confidence was boosted by comments from U.S. President Donald Trump, who hinted at the announcement of a major trade deal later in the day.
Personal opinion:
➡️ In the short term, USD/JPY will still be bought due to positive news for the USD
➡️ However, USD/JPY is overbought and will have a period of recovery before USD/JPY continues its upward momentum
➡️ Analysis based on important resistance - support and Fibonacci levels combined with trend lines to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Sell USD/JPY 145.85 - 1.46.00
❌SL: 146.35 | ✅TP: 145.40
👉Buy USD/JPY 145.20 - 1.45.00
❌SL: 144.70| ✅TP: 145.90
FM wishes you a successful trading day 💰💰💰
USD/JPY: Ready to Explode !!USD/JPY: Ready to Explode !!
We have a choch made on 23/04
Price repected major key levels
Delivered a clean setup to the upside
Target : 147.643
(Not financial advice)
#USDJPY #Forex #FXTrading #TechnicalAnalysis #PriceAction #ChoCH #ForexSetup #JPY #USDollar #TradeIdeas
Yen Firms with BoJ CautionThe Japanese yen strengthened to around 143.6 per dollar on Thursday, recovering as rising global trade uncertainty stimulated demand for gold. The move followed President Trump’s announcement of a deal with a “big” country, reportedly the UK, and his refusal to cut tariffs on China ahead of U.S.-China talks in Switzerland. U.S.-Japan negotiations continue, with Tokyo aiming to finalize a bilateral deal by June. Meanwhile, BoJ minutes showed policymakers remain open to rate hikes if inflation targets are met, though they flagged external risks from U.S. trade policy.
Resistance stands at 145.90, with further levels at 146.75 and 149.80. Support is found at 139.70, then 137.00 and 135.00.
USD/JPY H4 | Potential bullish bounce off an overlap supportUSD/JPY is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 145.87 which is an overlap support that aligns close the 38.2% Fibonacci retracement.
Stop loss is at 144.33 which is a level that lies underneath an overlap support.
Take profit is at 148.67 which is an overlap resistance that aligns with the 78.6% Fibonacci retracement.
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 (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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 (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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 Global LLC (tradu.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘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 Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
USDJPY Will Fall! Short!
Please, check our technical outlook for USDJPY.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 145.311.
Considering the today's price action, probabilities will be high to see a movement to 140.353.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
USDJPY BREAKOUT BULLISH PATTERN Technical Pattern Analysis
Current Trend:
USD/JPY has shown a strong bullish structure, characterized by higher highs and higher lows. This indicates increasing buying pressure and positive momentum.
Possible Bullish Patterns Observed:
Ascending Triangle: This is a bullish continuation pattern often indicating that buyers are gaining strength before a breakout.
Bullish Flag: A short-term consolidation that generally resolves in the direction of the previous trend (upward).
Breakout Above Resistance: Recent candles show breakout attempts above key resistance zones, validating bullish sentiment.
Key Support and Resistance Levels
Immediate Support: 144.50–145.00
1st Resistance / Target Zone: 146.400
2nd Resistance / Target Zone: 147.900
Final Resistance / Target Zone: 150.200
USDJPY:Sharing of the Trading Strategy for Next WeekAll the trading signals this week have resulted in profits!!! Check it!!!👉👉👉
Technically: On May 10, the USD/JPY exchange rate was 145.3640, a decrease of 0.3250% compared to the opening price. 145.92 above is a key resistance level. If broken through, it is expected to challenge 146.36 and 148.20. 144.00 below is an important support level. If it is lost, the decline may accelerate. In terms of news: US President Trump announced the reaching of a trade agreement with the UK, which boosted the US dollar and weakened the Japanese yen. However, part of the trade-related positive news this week may have already been factored in. At the same time, the Bank of Japan kept the interest rate unchanged and sent a dovish signal. Pay attention to the subsequent trade agreement negotiations and the statements of the Federal Reserve. In terms of trading operations, one can try to open a short position with a small position near 145.92, with the target set at 144.00.
Trading Strategy:
sell@145.500-145.920
TP:144.500-144.000
The signals in the Signature have brought about continuous profits, and accurate signals are shared every day. Hurry up and click to get them!
👇 👇 👇 Obtain signals👉👉👉
USDJPY will it go higher?Hello everyone!
I want share my idea about USDJPY.
last few week we saw USD weaker than other Currencies, but now we see Trend Change after test 140.000 LVL. If we look at JPY index we will see price moving with strong seller but still uptrend, i think JPY will move lower and dollar will still dominant in the race.
If we look at technical with simple Support/Resistance strategy price going higher it broke some resistance levels and had pretty nice reactions from supports i think price will brake easy 140 LVL and will go to check 151 Resistance.
Soon we will have China and America meeting which will be about rates, i think it will affect at dollar index and it is starting place which is signal the meeting will go well.
FOR COLLABORATION TEXT ME DM!
ALWAYS MAKE YOUR OWN RESEARCH!
USDJPY TECHNICAL ANALYSIS.The third chart you uploaded shows the USD/JPY currency pair on the 1-hour timeframe, as displayed on TradingView.
Key observations:
1. Trend Reversal:
The chart shows an initial downtrend (red line) followed by a strong bullish reversal (green line).
The reversal started from a demand zone (gray box), where buyers stepped in and pushed the price up.
2. Bullish Momentum:
The price has moved significantly upwards, breaking through resistance levels.
The current price is around 145.902, and the chart shows a bullish continuation pattern aiming for a target of 146.500.
3. Moving Average Support:
The blue curved line appears to be a moving average (possibly a 50 or 100 period), providing dynamic support during the upward movement.
The chart indicates a strong bullish sentiment, with a clear target of 146.500. The momentum looks robust after the demand zone bounce.
Would you like guidance on managing risk or identifying entry points in this scenario?
USDJPY Will Move Higher! Buy!
Please, check our technical outlook for USDJPY.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 142.756.
Considering the today's price action, probabilities will be high to see a movement to 144.697.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
USDJPY TECHNICAL ANALYSIS.The chart you shared shows the USD/JPY (U.S. Dollar to Japanese Yen) pair on the 1-hour timeframe from TradingView. Here are the key points:
1. Current Price: The pair is trading at approximately 143.657, showing a positive change of +1.243 (0.87%).
2. Support Zone: There is a highlighted gray box at the lower part, indicating a recent support or demand zone around the 143.292 level.
3. Resistance Level: A blue horizontal line is marked at 144.225, labeled as the target. This suggests that the price might move upwards to this resistance level.
4. Price Action: The green arrow indicates a potential bullish move towards the target, implying a buy signal or a continuation of the upward trend.
5. Technical Analysis: It appears the pair has bounced from the support zone and is gaining momentum toward the resistance.
Would you like a more detailed analysis or interpretation of the trading setup?
USD/JPY Reversal or Breakdown at Key Support ZoneCANDLE MASTER Update!
Here's a breakdown of the analysis idea shown:
Key Elements:
Support Zone (142.40–142.70 area): Price is currently testing this area. It acted as support in the past and may again lead to a bullish bounce.
Resistance Zone (145.00–146.00 area): Marked as a strong resistance area, near the 200 EMA. This would be a potential target if the support holds.
Next Support Zone (around 140.00–140.50): If the current support fails, price could move toward this lower support level.
Moving Averages:
50 EMA (red): Currently above the price, acting as dynamic resistance.
200 EMA (blue): Also above the price, adding confluence to the resistance zone.
Potential Trade Scenarios:
1. Bullish Reversal:
Price holds at current support.
A bounce occurs, and price targets the resistance zone near 145.90.
Entry could be confirmed with bullish candlestick patterns or a break above a local high.
2. Bearish Breakdown:
Price breaks below the current support zone.
Next support target would be around 140.52.
Entry could be considered after a retest of the broken support as resistance.
This is a classical support/resistance setup with confluence from EMAs and price action zones.
Dollar-yen’s bounce stutters but ¥146 still in viewHavens have generally been in less demand for the last couple of days as the USA apparently reached a trade deal with Britain and there seems to be some progress with other major countries such as Japan. While the Fed now seems much less likely to cut next month, the Bank of Japan’s next hike is somewhat unclear. For now, it seems less likely that the differential in rates will shrink as much this year as had been expected at the beginning of last quarter.
As for many other major pairs with the dollar, volume for dollar-yen has declined significantly since the beginning of last month. ¥140.40 looks like a very strong support, having been tested unsuccessfully three times now since last 2023 and coinciding with the 61.8% monthly Fibonacci retracement. The initial bounce from there last month was quite strong but hasn’t been very consistent since.
Although USDJPY seems like a possibly better candidate for buying the dollar then EURUSD, upcoming movements also seem to depend on American inflation on 13 May. Preliminary Japanese GDP for the first quarter is expected to show a small decline late on 15 May.
This is my personal opinion, not the opinion of Exness. This is not a recommendation to trade.