USD/JPY Sell PlanMay one more up to 1.618 then move down
Waiting Confirmation
1. Break through the red box
2. MACD4C goes below 0 line (negative bar)
3. MACD EMA goes below 0 line
4. AO negative bar
JPYUSD trade ideas
USDJPY InsightHello, everyone! Welcome to the channel.
Please feel free to share your thoughts in the comments, and don’t forget to like and subscribe.
Key Points
- Japan's special Diet session has reappointed Shigeru Ishiba as Prime Minister, keeping political uncertainty in place.
- According to the minutes from the October BOJ Monetary Policy Meeting, the Bank of Japan indicated a cautious stance on rate hikes for the time being, citing the rise in U.S. long-term interest rates as an external risk.
- The increased number of Republican seats in the U.S. House raises the likelihood of a "Red Wave" becoming a reality.
- Concerns persist that the Trump administration may impose substantial tariffs on neighboring trading partners.
Key Economic Indicators
- November 12: Germany October CPI
- November 13: U.S. October CPI
- November 14: U.S. October PPI
- November 15: Fed Chair Powell’s speech, Japan Q3 GDP, U.K. Q3 GDP, U.S. October Retail Sales
USD/JPY Chart Analysis
As the "Trump trade" trend continues, the U.S. dollar remains strong, pushing USD/JPY upward as well. Having already breached the 152 level, there is a significant possibility it could rise further to the 158 level. If the 158 level is broken, additional gains could extend to 162. However, if resistance is met at 158, a pullback to around the 149 level can be expected.
If the trend diverges from expectations, we will promptly adjust our strategy.
USDJPY Bearish retrace before 155
UJ looks to be in a bullish channel with the next peak around at least $155. On the way up a retrace may be taking place as lower highs created a double top or head and shoulders pattern. Possible measured move down to a fifty percent retrace. My Take Profit target is a little earlier than the midway mark due to the overall bullish sentiment of the market. Stop loss is set to the last peak before a major lower high appeared.
USDJPY SELL SETUP!!“The goal of a successful trader is to make the best trades. Money is secondary.” — Alexander Elder
USD/JPY Update (1-Hour Time Frame)The price has reached a key resistance zone in gray. If we see a breakout here, my target will be the next resistance level in the pink zone. Keep an eye on this potential move as the price could head toward that pink level!
Read the USDJPY MarketLet's Look at USDJPY Chart and Read The Market From Highest Scale to the Lowest, and find some trade opportunities for next Days, Good Luck With Your Trades <3
NEW IDEA FOR USD/JPY By examining the trend in the four-hour time frame, USD/JPY has an important support range in the range of 152.59-151.68, and now, provided it is maintained, there is a possibility of price increase up to the resistance of the channel ceiling in the range of 156.28.
USD/JPY Bullish Run SetupI’m currently monitoring USD/JPY for a strong bullish push, leveraging both HTF structure and 15-minute trend confirmation to guide my entry and trailing strategy.
🔹 Market Structure : The higher time frame (HTF) shows a bullish bias, and we’ve just witnessed a bullish shift on the 15-minute chart. This setup aligns well with my strategy, where I look for confirmation of market direction on both time frames.
🔹 Trade Objective : My goal is to ride this momentum to at least the previous 4-hour high, but with a trailing stop in place, I’m prepared to capture additional upside if the trend remains favorable.
🔹 Risk Management : Employing my trailing system with ATR-based stop loss, I’m managing risk at 1%, aiming for a steady risk-to-reward balance while allowing room for potential larger gains.
🔹 Stats : So far, the indicator has shown promising results with a net profit of 254.62 R and a profit factor of 4.18, based on my backtests. This approach helps me stay disciplined and make data-backed decisions.
Let’s see if USD/JPY continues to hold this momentum and pushes higher! 🚀
#USDJPY #Forex #TradingSetup #MarketStructure #RiskManagement
USDJPY Potential UpsidesHey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 152.700 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 152.700 support and resistance area.
Trade safe, Joe.
USD/JPYOn Monthly chart, it hasa formed a Doji @ 155.400 historical Resistant which since 1997 was touched twice.
On Weekly, two weeks on the row created Doji formation.
On Daily chart, you can easily notice a Bearish Divergence when you compare the chart with Stochastic.
Lastly, on 10 Minutes chart, you will see the correction with Rising Wdge which is Bearish continuation.
thewr eis a strong Bearsih case here.
USDJPY View!!(MaceNews) – Japanese Prime Minister Shigeru Ishiba was re-elected in a rare parliamentary run-off vote on Monday after the ruling coalition lost a majority in the Lower House general election about two weeks ago as many voters, weary of high costs, punished Ishiba’s conservative Liberal Democratic Party for its political funding scandal.
Ishiba continues to face the challenge of running a minority government in a hung parliament. He was scheduled to be sworn as Japan’s 103rd prime minister late on Monday.
USDJPY Will GO Up Long please check our technical outlook for USDJPY.
The market is on a crucial zone of demand 153.692.
The oversoldmarket condition in a combination with key structure gives us a reelatively strong bullish signal with goal 157.722 level.
USDJPY Will Go Up! Long!
Please, check our technical outlook for USDJPY.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 153.692.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 157.722 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
USD/JPY continues the downtrendOn USD/JPY , it's nice to see a strong sell-off from the price of 153.930 . It's also encouraging to observe a strong volume area where a lot of contracts are accumulated.
I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again.
Weekly POC and high volume cluster are the main reasons for my decision to go short on this trade.
Happy trading,
Dale
USDJPY BUYTechnically, the price broke the 200 moving average on the larger frames including the daily one and retested it.
Andthe price respect the golden zone of Fibonacci.
Fundamental, the dollar's recovery has begun
Good luck everyone 🍀
USDJPY BUYTechnically, the price broke the 200 moving average on the larger frames including the daily one and retested it.
Andthe price respect the golden zone of Fibonacci.
Fundamental, the dollar's recovery has begun
Good luck everyone 🍀
BUY USDJPY NOW!!!Price is set for a buy at current price of 153.744. We can see how price reacted pretty nice at a support level of 153.328 it’s a sign that buyers are willing to take price higher. You can buy at the moment
USDJPY LongsHere is another beautiful setup, Longs on CAPITALCOM:USDJPY Please do not over leverage, I am not a financial advisor and not regulated with Fsca these are my personal views and bias.
DeGRAM | USDJPY testing the channelUSDJPY is between the trend lines near the upper boundary of the descending channel.
The price has already reached the lower trend line and support level.
The chart has broken the descending structure.
We expect a bounce from the channel boundary.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
USD/JPY: Should We Continue to "Buy" Following the Trend?Today, USD/JPY continued its remarkable rally, reaching 153.63 with a 0.67% increase on the day. This is an important step as the USD regains strength, while the JPY weakens due to political instability in Japan.
Notably, the bullish trend remains intact with two stable EMAs below the candlestick chart, reinforcing the bullish momentum of this currency pair. Personally, Ben, recommends continuing to prioritize the "buy" strategy following the current trend.
What do you think about the future of USD/JPY? Will the price continue to rise or is there a possibility of a bearish reversal? Share your thoughts and trading strategies!
30-mins USD/JPY: Increased Buying ActivityThe 30-mins chart shows us a bullish Golden Cross of the 20 period MA crossing over the 60 period MA. The 14 period RSI is overbought, which means its not impossible to see a pullback first, testing the zone at 153.13 (38% Fib) or 152.95 (50% Fib).
USDJPY Daily Analysis: Slight Bearish Bias Expected Amid Mixed Introduction
Today’s USDJPY outlook suggests a slight bearish bias, with a combination of fundamental factors pointing towards potential downward movement for the currency pair. Factors including the Bank of Japan's policy stance, recent U.S. economic data, and shifts in global risk sentiment are influencing USDJPY's direction. This article outlines the primary drivers shaping USDJPY's outlook, offering insights for informed trading decisions.
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Key Drivers Influencing USDJPY Today
1. Bank of Japan’s (BoJ) Policy Stance and Yen Strengthening
The Bank of Japan has maintained its ultra-loose monetary policy but recently indicated a willingness to adjust if inflation remains consistent. Speculation around a potential policy shift adds strength to the Japanese yen (JPY), creating downward pressure on USDJPY. A more hawkish stance from the BoJ, even slightly, would increase JPY demand, reinforcing the bearish outlook.
2. U.S. Dollar Weakness Amid Mixed Economic Data
Recent economic data in the U.S., particularly in the labor and inflation sectors, has been mixed, leading to market speculation that the Federal Reserve may pause additional rate hikes. This dovish sentiment around the USD has contributed to its recent softness, which could weigh on USDJPY’s bullish momentum and favor a bearish trend for the pair.
3. Global Risk Sentiment and Safe-Haven Appeal of the Yen
The Japanese yen is traditionally seen as a safe-haven currency, and any increase in global risk aversion tends to boost demand for the yen. Current geopolitical concerns and mixed global economic outlooks have created cautious sentiment in financial markets, potentially strengthening the JPY as investors seek stability, thereby supporting a bearish bias in USDJPY.
4. Technical Indicators Favoring Bearish Movement
USDJPY is approaching significant resistance levels, which have previously limited upward momentum. The pair is also trading below the 50-day moving average, indicating bearish pressure. Additionally, both the RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) indicators show signs of downward momentum, further supporting the bearish outlook for USDJPY today.
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Technical Analysis Indicators Supporting a Bearish Outlook
Moving Averages and RSI
USDJPY has fallen below its 50-day moving average, which signals a bearish trend in the short term. The RSI (Relative Strength Index) is trending downwards, suggesting increased selling pressure that aligns with the slight bearish bias.
MACD and Volume Analysis
The MACD has shown a bearish crossover, which could indicate further downward movement. Volume trends show increased selling activity, reinforcing the bearish sentiment in USDJPY.
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Conclusion
With a dovish Fed outlook, the potential for a BoJ policy adjustment, and current risk sentiment favoring the yen, USDJPY is expected to maintain a slight bearish bias today. Watch for further developments in U.S. economic data and shifts in risk sentiment to confirm this outlook.
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Potential Upside For USDJPYFOREXCOM:USDJPY
On process to 154, this pair has completed the forming of Inverted Head & Shoulders pattern.
Here's our advice: Buy with 154 and 154.8 as TP, stop loss if fall below 152.7.
Hope it helps, good luck!
