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Japaneseyen

GBPJPY: Excellent sideways opportunityGBPJPY is bearish on the long term as it remains under the 1D MA50 (right chart) with technicals all in red (RSI = 41.765, MACD = -0.860, ADX = 25.857) despite trading within a range since the end of December. This range is practically what we want right now as the sideways price action offers the best scalping opportunity for at least the next week. The price is approaching S1 where we will long to R1 and reverse to a short. Repeat until either the top of R1 and bottom of S1 break. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
by InvestingScope
7
💱 USD/JPY Chance For Slow Increases 💱💱 USD/JPY Chance For Slow Increases 💱 Nearest strong support zone: around the 0.236 fibo level of the upward wave. 💱 Nearest strong resistance zone: around recent local lows. 💱 Technical environment: - Moving averages: Downtrend - MACD: 50/50 - RSI: Downtrend 💱 Price Action: USD/JPY after Wednesday's upward attack following the BOJ's monetary policy statement, the price very quickly returned to the vicinity of 128 where it stopped in recent days. The stopping of the price at this point is no coincidence and may indicate the possibility of executing an upward correction from current levels. The nearest strong support zone is around 133 where we may find ourselves after a longer accumulation. 💱 The scenario I play is to wait for a formation that confirms the execution of an upward correction. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 💱 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
Long
by InvestMate
1
GBPJPY Bearish as long as it's below the 1D MA50.The GBPJPY pair has been trading below its 1D MA50 (blue trend-line) since December 16 2022. With a 1D Golden Cross having formed on January 17, the price is about to test for the 3rd time in a month the 155.770 - 155.400 Symmetrical Support Zone. A break below it would target the dotted line (multi-year Channel Up bottom) and below that the 148.800 Support which has held 5 times since the March 2021 Low. On the other hand if the Symmetrical Support holds, it will make a Triple bottom and it will be a short-term buy opportunity towards the 1D MA50. Any time that breaks, it will extend the rebound above 166.00, which based on the Symmetrical pattern since May 2022, it will be the most optimal long-term sell opportunity. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
3
CNHJPY - SHORT; This pair is ready to fall off a cliff!Considering China's (ongoing!!) predicament caused by an oncoming, abject, demographic (urban, industrial) collapse, the obvious consequence is a stand-alone Japan's as the region's only remaining super power" ... Making this Short a no-brainer, probably well over a decade and a half. The Long Term Price Target on this pair is: 10! (I.e. a >50% Decline ..., ... provided that there will be still such a thing as a convertible (off-shore) Yuan, further down the road - which, in itself, is very unlikely!)
Short
by Nemo_Confidat
USDJPY Best sell entry but RSI on Bullish DivergenceThe USDJPY pair has been trading within an extremely well structured Channel Down since the November 21 2022 High. Every Lower Lows since then has been very symmetrical on approximately a -6.05% drop from the Lower High. With the price currently on the top (Lower Highs trend-line) of the Channel Down, this is technically the most optimal level to sell. A -6.05% drop from the Lower High, gives us a 123.315 price target. We must be careful however, especially ahead of the Fed Rate Decision, as the 1D RIS hasn been trading within a Channel Up, while the price is on a Channel Down, signalling a Bearish Divergence. A break above the Channel Up, and more importantly the last Lower High can push the price to the 1D MA50 (blue trend-line) on the short-term and if broken, then the 1D MA200 (orange trend-line) on the medium-term. The long-term bearish trend shouldn't be affected by this so in that case we will be looking for the safest short entry on the top. Below you can see our long-term cheat-sheet on USDJPY: ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
3
USA vs Japan- Everything is in chart. - Again an easy short, same as i predicted UK Bounce few weeks ago. - This is not a scalp but a Medium/Long term trade. -------------------------------------------------------------------------------------------- Trading Parts : -------------------------------------------------------------------------------------------- Short Zone : Now 149-150 ish TP1 : 127-126 ish TP2 : 116-117 ish SL : 165 -------------------------------------------------------------------------------------------- - You climb to reach the summit, but once there, you discover that all roads lead down. Happy Tr4Ding !
Short
by thecryer
4
💵Australian Dollar/Japanese Yen💵Analyze (01/19/2023)!!!The Australian Dollar/Japanese Yen is enclosed between two zones of resistance and support and the line of the downtrend and uptrend lines. The Australian Dollar/Japanese Yen has reacted well every time it hits the downtrend and uptrend lines in the support and resistance zones. This time, the Australian Dollar/Japanese Yen was able to make a 🌅Morning Star Candlestick Pattern🌅 on the uptrend line too, and I expect the Australian Dollar/Japanese Yen to rise to the resistance zone again. We can also see Regular Divergence(RD+) between the price and RSI indicator. 🔅Australian Dollar/Japanese Yen Analyze ( AUDJPY ) Daily Timeframe⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
6
📉 USD/JPY Continuation Of Declines? 📉📉 USD/JPY Continuation Of Declines? 📉 Nearest strong support zone: around recent lows. 📉 Nearest strong resistance zone: around recent local highs. 📉 Technical environment: - Moving averages: Downtrend - MACD: Uptrend - RSI: Downtrend 📉 Price Action: USD/JPY It has been continuing its downward trend for quite some time, all due to the BOJ's change in monetary policy stance, on January 18 during the Asian session there will be a Monetary Policy Statement which I think will have a big impact on the market, expect high volatility, in my opinion this will be the next impetus for the Japanese yen to strengthen against other currencies. 📉 The scenario I am playing out is a continuation of declines over the coming months. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 📉 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
Short
by InvestMate
5
NZDJPY Clear break-out levels to trade.The NZDJPY pair has been trading below (closing 1D candles) the 1D MA200 (orange trend-line) for nearly a month (since December 20), being supported at the same time by a (dotted) Higher Lows trend-line that started on the May 12 Low. A 1D Death Cross may be potentially formed as the 1D MA50 (blue trend-line) is closing in on the 1D MA200, which adds more weight to the bearish side but we think it is best to trade this based on the clear break-out levels that this pattern (which we've been using with great results since last year) gives. We are willing to buy for the short-term only upon a 1D candle close above the 1D MA200 and target the bottom of the Resistance Zone. Further break above the top of the Resistance Zone is a buy opportunity on the long-term and we will update upon potential targets then. Similarly, we are willing to sell only if a 1D candle closes below the 80.600 Support and target the top of the Higher Lows Zone (started on August 19 2021). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
3
USDJPY Nearing 1st Support. Rebound possible.The USDJPY pair is approaching the 1st Support level of 125.510 (May 24th 2022 formation) after a double top rejection last Friday. Trading inside a Channel Down for almost two months, naturally on very bearish 1D technicals (RSI = 30.378, MACD = -1.840, ADX = 17.362) with the RSI almost oversold, it is expected that a technical rebound will occur. The short-term target is the top of the Channel, with a break capable of inflicting an extension as high as the 134.750 Resistance. The RSI's Rectangle can be a guide for buying/ selling inside the Channel Down. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ## ## Also DONATIONS through TradingView coins help our cause of increasing the daily ideas put here for free and reach out more traders like you. ##
by InvestingScope
4
WHAT HAPPENED WITH JPY?Hello guys! Here is a quick summary of what happened in the market today, especially in the Japanese one, after the Bank of Japan surprised everyone. On Tuesday, the Bank of Japan made its first move towards a shift away from ultra-loose monetary policy after weeks of speculation. As part of an adjustment to its yield curve control policy, the BoJ decided to increase the range of its target for the yield on 10-year government bonds from +/- 25 basis points to +/- 50 basis points. Despite this change, the Bank kept its short-term policy rate at -0.1% and maintained its commitment to easing in its statement. In fact, the BoJ plans to increase its purchases of Japanese government bonds in the coming quarter, from 7.3 trillion yen per month to 9 trillion yen. The Bank of Japan's policy adjustment was more hawkish than financial markets had anticipated, and contributed to the yen's further recovery from a 30-year low reached this October. A stronger yen may provide some relief to the Japanese economy, which has been grappling with the high cost of imports due to the sharp decline in the value of the yen this year. As the possibility of more hawkish central bank actions and a potential recession in 2023 increased, the value of Asian currencies against the US dollar decreased further and risk appetite remained low. While the US dollar strengthened against most Asian currencies, the strength of the yen, euro, and pound weighed on the dollar index and dollar index futures. What do you think about the BoJ's move? FX:USDJPY FX:USDJPY BMFBOVESPA:JPY1! PEPPERSTONE:JPYX
Short
by m_maia14
4
SHORT Resault: 1040 pips✅GBPJPY is preparing for a very good sell position and I am entering within the specified range Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you? gbpjpy are going to reach second target. 1040 pips in profit.
by Hamiratrading
2