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Usdjpyshort

USDJPY I Forecast ahead of BOJ POLICY RATE 💰Welcome back! Let me know your thoughts in the comments! ** USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
1
Sell USDJPY Triangle PatternUSD/JPY M30 Triangle Breakout Signals Potential Downtrend A bearish triangle pattern has emerged on the USD/JPY pair's M30 chart, hinting at a potential breakdown and further downward movement. Key Points: Pattern: The pair has been consolidating within a triangle formation, characterized by converging support and resistance lines. This often indicates a period of indecision before a decisive move. Sell Entry: A break below the lower support line of the triangle, around 148.10, could signal a bearish breakout and offer a potential sell entry. Targets: Potential bearish targets are located at the support levels of 147.16 and 146.60. Stop Loss: A stop loss can be placed above the upper resistance line of the triangle, around 148.50, to manage risk. Additional Considerations: Market Sentiment: The overall market sentiment and fundamental factors influencing both the USD and JPY will also impact the pair's price action. Economic Data: Keep an eye on upcoming economic data releases from both the US and Japan, as they could influence the currencies' relative strength. Risk Management: Employ proper risk management strategies, including appropriate trade sizing and stop-loss orders, to protect your capital. Fundamental Factors : 1. Mixed US Housing Data Dampens USD Strength: Earlier on Friday, mixed US housing data, including weaker-than-expected housing starts but a surprising rise in building permits, cast doubt on the strength of the US economy and capped gains for the dollar. This could put downward pressure on USD/JPY. 2. Weak Japanese Machinery Orders Add to Downside Risks: Japan's core machinery orders, a key indicator of future capital spending, unexpectedly declined in November, raising concerns about the health of the Japanese economy. This could lead to increased safe-haven demand for the Japanese yen, weakening USD/JPY further. 3. Rising Global Risk Aversion Favors JPY: Heightened geopolitical tensions and ongoing recession fears in some economies are prompting investors to seek safe-haven currencies like the yen. This could contribute to a decline in USD/JPY. Thank you
Short
by KABHI_TA_TRADING
8
USDJPY I Potential short from resistance Welcome back! Let me know your thoughts in the comments! ** USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
2
USD/JPY: Retests to kill momentum? USD/JPY: Retests to kill momentum? The USD/JPY experienced a notable surge from 144.50 as the week commenced, surpassing the 61.8% retracement level from the November-December downturn. It breached its 100-day MA, demonstrating a one-way move that resulted in a gain of 400 pips. Since the beginning of the year, the yen has incurred a loss exceeding 4%. Presently, the currency pair stands at a six-week high, propelled by a rally in the dollar following comments from Federal Reserve Governor Christopher Waller. His remarks tempered expectations of a rate cut in March. The immediate obstacle to further upward movement lies in a retest of 149.700, followed by the crucial threshold of 150.00. Today's release of consumer inflation data from Japan is anticipated to provide additional indications of easing price pressures and will be crucial in determining how well the pair performs against the noted resistance levels that are in its sights, or how well the 100-day MA holds up as a level of support.
by BlackBull_Markets
USDJPY SELL | Setup Trading AnalysisHello Traders, here is the full analysis. Short after the BULL RUN. GOOD LUCK! Great SELL opportunity USDJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Short
by TheGrove
3
USDJPY M15 / LONG TRADE OPPORTUNITY ✅ Hello Traders! This is my idea related to USDJPY M15. I know that it's the end of the day, but I see a good opportunity to execute a long trade. I see the change of the structure, more exactly a bullish move. A very good retracement from the resistance level and it looks very likely to go bullish. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
Long
by GoodTradeST