Get started

Japanese Yen / U.S. Dollar

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

JPYUSD trade ideas

USDJPY Daily Analysis: Slight Bearish Bias Amid Dollar Weakness USDJPY Daily Analysis: Slight Bearish Bias Amid Dollar Weakness and Yen Resilience 29/11/2024 Introduction The USDJPY pair is expected to exhibit a slight bearish bias today, driven by persistent U.S. dollar weakness and the Japanese yen's resilience as a safe-haven asset. Market participants remain cautious ahead of key economic events, while falling U.S. Treasury yields and geopolitical uncertainties provide additional support for the yen. In this article, we will delve into the fundamental and technical drivers shaping the USDJPY outlook for the day. --- Key Drivers Influencing USDJPY 1. Weak U.S. Dollar The U.S. dollar remains under pressure as investors continue to price in dovish Federal Reserve policies. Recent economic data pointing to slowing consumer activity and declining durable goods orders further weakens the greenback’s appeal, supporting a bearish outlook for USDJPY. 2. Japanese Yen Safe-Haven Appeal The Japanese yen (JPY) continues to attract demand as a safe-haven currency amid global economic uncertainties. Persistent geopolitical risks and concerns about slowing global growth have led investors to favor the yen, exerting downward pressure on USDJPY. 3. Falling U.S. Treasury Yields Declining U.S. Treasury yields, particularly on the 10-year note, reduce the dollar’s attractiveness in yield-sensitive pairs like USDJPY. Lower yields diminish the carry trade advantage, making the yen more appealing. 4. Bank of Japan's Stability While the Bank of Japan (BoJ) maintains its accommodative monetary policy, steady inflation and economic stability support the yen. BoJ policymakers’ cautious approach to monetary tightening continues to provide implicit strength to the currency. --- Technical Analysis Moving Averages and RSI USDJPY is trading below its 50-day moving average, indicating a bearish trend. The Relative Strength Index (RSI) remains neutral but leans toward oversold conditions, hinting at potential further downside. MACD and Key Levels The MACD indicator signals continued bearish momentum. Key support lies at 147.00, with a break below this level potentially targeting 146.50. Immediate resistance is seen at 148.20, which may cap any intraday recoveries. --- Conclusion USDJPY is likely to maintain a slight bearish bias today as weak U.S. dollar dynamics and strong demand for the yen weigh on the pair. Traders should keep an eye on any unexpected shifts in risk sentiment or economic data releases that could influence intraday volatility. --- SEO Tags: - #USDJPYforecast - #USDJPYanalysis - #USDJPYtechnicalanalysis - #ForexTradingUSDJPY - #JapaneseYenOutlook - #USDWeakness - #USDJPYtoday - #ForexMarketAnalysis - #USDJPYprediction
Short
by PERFECT_MFG
USDJPY H4 I Bearish Continuation?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 151.44, which is a pullback resistance. Our take profit will be at 149.92, an overlap support level. The stop loss will be placed at 152.82, a pullback resistance level. 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. 68% 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, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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.
Short
by FXCM
Trade Recaps: GBPJPY-SHORT, EURUSD-SHORT, 28/11/2024GJ Bias Analysis: The bearish pro-trend was clear with price trading lower from a premium. After printing the weekly low and beginning to correct higher, price mitigated the 50% equilibrium during New York Killzone where I waited for further confirmation by way of a LTF TBL sweep before executing a short position. EU Bias Analysis: The 4H had established a counter trend as price pulled back into the 1D OB and while short entries were not in line with the bullish range, IPDA was clear. Liquidity was being generated to the upside as price corrected and after a TBL sweep to the upside during New York killzone, a short entry was executed. Grade: - UJ: High Risk - EU: Low Risk
Short
by The_Modern_Day_Trader
#1 USD/JPY Technical Analysis 11/24Analysis based on my own SMC Version. 1. In Daily Time price , Bulls still in charge. Price Already create Choch + BOS as part of bullish continuation sign in 4H TF. 2. Price manage to break through 0.5 1D Equilibirium fibo area, and break nearby supply, suggesting price might still have chance to retest Previous High in Daily/Weekly basis (Latest Sell OB) 3. In 4H TF, Price create a solid typical Bullish price action , where impuls create bos- retest on demand- impulse -> bos. 4. As the current we can see price is in 4H FVG and create 15 m Choch + Bullish Engulf on 4H TF. This give confirmation to continue trading buy 5. Open Price buy with target nearest High Liquidity at 155.229, stop loss at 154.09 (Adjust to your preference The trade can be considered as High risk because overall price is in Daily Previous Bearish Choch. Usually price react to some degree in respons to Choch area. Regardless on safe side Price might revisit 4h Demand area at 152.120-153.3 area. Find Lower TF Confirmation such as Dominant breakbuy/ Choch etc before entry in the area This optimize entry point and better RR compared to trade above which is more high risk
Long
by erickwang18
POTENTIAL TRADE FOR USD/JPYUSD/JPY 30M - This market has recently shown signs of reversing as it has begun to trade us to the upside, breaking structure along the way. As we know a break in structure tells us that the trend usually is reversing. In order for us to get involved in this market we want to get in on the best price, the best price would be where price pulls-back to set its first higher low. This allows us to get a really refined entry. Once price trades us down and into this area we want to see price break structure to the upside again but this time more fractally, this will alert us that the corrective wave trading us down and into the zone has finished and the new impulsive wave is ready to be printed. I will be holding fire, waiting patiently for price to trade into the relevant zone and deliver us with the right entry confirmation before we look to take part in this market, any questions drop me a message or comment below.
Long
by Lukegforex
Technical Breakdown, What's Next for the Pair?OANDA:USDJPY - 1 Hour Chart Current Price: 154.281 Upon analysing the 1-hour chart, we observe that the price has recently rejected a strong resistance level and is now trading below Resistance (R2) at 154.688. The RSI is currently at 31.83, which is below the neutral 50 mark, indicating weak momentum. Given the strong resistance at R2 and the weak RSI, we anticipate a potential decline towards the S1 support level at 153.125. Although there is strong support at S1, a price pullback or consolidation around this area is possible. However, due to the weak RSI and the fact that other USD-related currencies are in an extreme oversold condition, we expect the price to break through S1 and potentially test the S2 support level at 151.563. A further decline could eventually bring the price to the 150 psychological level. On the other hand, if the price manages to break above R2, we could see a move towards 156.250. Key Levels: R1: 156.250 R2: 154.688 S1: 153.125 S2: 151.563 psychological level: 150.000 Reminder for traders: Always follow your risk management rules. Ensure you’re using appropriate stop-loss levels and position sizing for your trades. Market conditions can change quickly, and staying disciplined is key to long-term success. Good luck with your trades!
Short
by SpicyPips
1
USDJPY Sellers In Panic! BUY! My dear friends, Please, find my technical outlook for USDJPY below: The price is coiling around a solid key level - 151.53 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 152.80 Safe Stop Loss - 150.68 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
3
Yen rally fizzles, Tokyo Core CPI expected to riseThe Japanese yen is lower on Thursday, after climbing 2.4% over the past two trading sessions. In the European session, USD/JPY is trading at 151.83, up 0.57% on the day. On the data calendar, Japan releases Tokyo Core CPI. In the US, the financial markets are closed for the Thanksgiving holiday and there are no US events. Tokyo Core CPI, a leading indicator of nationwide inflation trends, will be released on Friday. The market estimate for November stands at 2.1% y/y, following a 1.8% gain in October, which was the lowest level since April. The headline rate is expected to rise from 1.8% to 1.9%. October inflation numbers have been mixed. The Bank of Japan Core CPI index surprised on the downside with a 1.5% gain, down from 1.7% in September. However, services inflation inched up to 2.9%, up from 2.8% in September and above the forecast of 2.5%. If the Tokyo inflation release accelerates as expected, it will likely raise expectations of a rate hike from the Bank of Japan at the Dec. 19 meeting. Inflation isn’t the only item on the minds of BoJ policymakers. There is significant political uncertainty both at home and abroad. Prime Minister Ishiba lost his majority in parliament in the October election and needs opposition support to pass a supplementary budget. In the US, President-elect Trump is threatening to slap tariffs on its trading partners, which could have massive negative implications for Japan’s auto industry, a key sector of the economy. On Wednesday, US GDP (second estimate) confirmed the initial estimate gain of 2.8% for the third quarter. This indicates solid economic growth, which has been helped by strong consumer spending. The worries about a recession have subsided and the Fed has signaled that it plans to gradually continue trimming interest rates. USD/JPY is testing resistance at 151.60. Above, there is resistance at 152.75 149.97 and 148.82 are the next support levels
by OANDA