Get started

Usdjpyforecast

USDJPY | Perspective for the new week | follow-up detailsFollowing a profitable week, price action is at a critical juncture in the market where both a bullish and bearish momentum could be triggered in the new week. The new week is laced with a series of macroeconomic events; so we shall be focusing on the fundamental event for signals to make an informed decision. BoJ Monetary Policy Meeting Minutes - its first following Governor Kuroda’s departure is going to be closely watched and from the US docket, the monthly inflation report coming up this week is also an event to look forward to. In this video, we dissected the current market structure from a technical standpoint in other to take a position ahead of the new week. Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
by darcsherry
8
USDJPY possible sell zoneCurrency Pair : USDJPY Possible direction : Bearish Technical Analysis : After a strong breakdown on the daily ( strongly influenced by JPY strength) USDJPY currently forming a symmetrical triangle which may break to the downside again as this may continue to trend to the downside to test the long term order block. From higher timeframe we can see possible downward move and, therefore, this price may continue to drop after liquidity grab from short term resistance zone. Fundamental : Silicon Valley Bank collapsed has given safe heaven JPY strong boost. Possible trade recommendation : Bearish as per chart sketch Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
Short
by ForexWizard01
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS#USDJPY - As of last day, the MARKET SENTIMENT for USD was slightly UP SIDE. The main reason for that is the JPY starting to weaken a bit and the short-term POSITIVE SENTIMENT against the dollar. Because it came with the NFP REPORT. The dollar weakened slightly after the FOMC last time. But the FED can raise the RATE HIKE or their CEILING RATE whenever necessary. Anyway, it was mentioned in the previous MEETING that the FED is still MONITORING INFLATION DATA. - All MARKETS including STOCKS and COMMODITIES are going down slightly due to MARKET RISK OFF. - There is definitely a high chance that USDJPY will go UP a bit more and move to 135.610 LEVEL. Anyway, USDJPY price can go down to 124.739 LEVEL after that. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
by benny_marshall
USDJPY possible drop to monthly supportCurrency Pair : USDJPY Possible direction : Bearish Technical Analysis : After a daily middle mand last day of trading week, today market open with strong week less candle and price has broken down with strong impulse from long consolidation. From Monthly perspective, there is rejection from monthly resistance level and highly likely price will test the monthly support zone. Possible trade recommendation : Bearish as per chart sketch Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
Short
by ForexWizard01
1
Beware of "Long Trap" in USDJPY! On March 3, Friday, the USDJPY slid from a two-and-a-half-month high. The US non-manufacturing ISM index, released on the same day, fell from 55.2 in January to 55.1. The US dollar index, which measures the dollar against six major currencies, dropped from a high of 105.36 at the beginning of the week to 104.60. Investors took the opportunity to profitably unwind their positions in USD/JPY. At the same time, the Bank of Japan is expected to begin unwinding its unconventional stimulus measures in the period following Governor Haruhiko Kuroda's departure next month. This is because Tokyo's February inflation data exceeded the Bank of Japan's target for the ninth consecutive month. If the new governor, Toshihide Endo, tightens monetary policy, it may stimulate the return of speculative trading in the yen. Currently, on the daily chart, USDJPY has encountered resistance multiple times at 137.00, and the MACD signal line appears to have a death cross. In the short term, attention should be paid to the risk of further pullbacks in USDJPY, with the risk of long positions at the high outweighing the profit. Personal trading recommendation: Wait for the market to fall back to 133.00-133.60 before entering long positions, with a focus on the 136.400-137.110 range. There will be many data releases in the near future, and the market may be volatile. If there is a trading opportunity, I will announce it immediately. Please stay tuned.
Short
by FlashTrades_
USDJPY | Perspective for the new week | follow-up detailsThe US dollar pulled back a bit during the trading session on Friday as it looks like a potential sell-off in the short term is building up behind the scenes. Overall CPI inflation in Tokyo, rose 3.4% in February, compared to a 4.4% rise in the prior month - a negative variance of 1.0% which doesn't appear rosy for the Yen. The Bank of Japan continues to print more Yen in order to keep interest rates down and recently the Bank of Japan hinted that inflation will ease in the near term and that its 2% annual target will be achieved anytime soon and has projected 2025. From a technical standpoint, this video illustrates a potential trading opportunity around the 135.800 zone in the coming week. 01:00 Reference to last week's daily commentaries and results 03:49 USDJPY analysis on Daily Timeframe 07:53 Macroeconomic event for the week 09:59 USDJPY analysis on the 4H Timeframe 12:45 Conclusion on next week's projections Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
by darcsherry
1
USDJPY | Perspective for the new week | follow-up detailsDespite negative GDP data last week (negative variance of 1.71), the dollar closed its fourth consecutive week in positive territory, trading 1.80% higher to culminate at the 136.500 zone. The economic data released so far this year has painted a stronger picture of the U.S. economy. It is also worth noting that the incoming BoJ governor Kazuo Ueda indicated that the central bank will largely maintain its ultra-accommodative policy in the near term hereby indicating a weak economy and considering the significant breakout of the 135.000 zone (the first time this year); the Greenback may continue to remain in demand. This video illustrates a detailed technical perspective of what to look for in the coming week as trading opportunities is strongly leaning towards bullish expectation from a long-term perspective. 00:50 Reference to last week's daily commentaries and results 03:49 USDJPY analysis on Daily Timeframe 06:05 Macroeconomic event for the week 08:30 USDJPY analysis on the 4H Timeframe 10:30 Conclusion on next week's projections Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
4
USDJPY H4 ZONE MARKINGWe have USDJPY H4 Analysis for Zone Marking. According to this analysis, we can see the price still running Above 200MA & price Running ascending channel using pattern of Higher High & Higher Lows This sign of buying pressure for more confirmation we have marked demand & supply zone which is mentionedin the downside. Demand zone1@ 132.276 to 131.460(Strong) Demand zone2 @ 131.000 to 129.648 (strong) Demand zone3 @ 128.525 to 127.759(strong) supply zone1@ 136.890 to 137.532 (Strong) Supply zone2@ 137.751 to 138.246 (strong) With this analysis, you will be able to find your most profitable trade. EnclaveFX does not recommend that you buy or sell this assist. We do not take any responsibility for your profits & losses. EnclaveFX believes in enhancing the knowledge of our clients & followers
by Enclave_fx
#USDJPY- 500 PIPS BULLISH MOVE EXPECTED-Hello Traders, so we had to send an updated setup to everyone who has been waiting for USDJPY to go all the way up and that is why after BOJ announced their decision to not change the monetary policy. We waited whole day yesterday for UJ to settle down and have a clear view!. -Sellers are being exhausted and failed to take this pair lower low even when JPY BEING too bullish suggesting we are at the verge of having a strong bullish impulse. WHAT YOU ALL THINK? PLEASE DO LET DOWN YOUR VIEWS IN COMMENT!! PLEASE DO LIKE AND FOLLOW TO SUPPORT US SO THAT WE CAN KEEP SENDING THIS HIGHER PROBABILITY SETUPS!!
Long
by Setupsfx_
30
USDJPYCurrently, in the weekly time, we see that we had the last 3-log completion of an ABCD in the range of 149.441, and we saw a very accurate reaction to it. Now, by examining the correction phase, we have 5 targets, each of which can act as a resistance to reduce to the trend line. be first and second. The last range of completing a reciprocal is in the range of 145.956. We have 4 other targets based on pivot points, which are very important. 1-136,052 2-138.247 3-140,879 4-143,584 It is not necessary for both trend lines to touch. By checking and receiving the completion of the reduction confirmation, we can expect growth up to the harmonic target range of 165.813
by maryammh
USDJPY Long Term Analysis (4H Chart)Technical Analysis Summary USDJPY TREND ANALYSIS We have 1 Uptrend in green color Internal Trend (Long Term) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR VISUALS). White levels Levels are very tight stop losses that could be used in high leverage future trading. Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment If you find this content beneficial please don't forget to LIKE and FOLLOW Trading Involves High Risk Not Financial Advice
by husseindergham
USDJPY - CURRENT SENTIMENT , FUNDAMENTAL BIAS#USDJPY - As of last day, the MARKET SENTIMENT for USD was slightly UP SIDE. The main reason for that is the JPY starting to weaken a bit and the short-term POSITIVE SENTIMENT against the dollar. Because it came with the NFP REPORT. The dollar weakened slightly after the FOMC last time. But the FED can raise the RATE HIKE or their CEILING RATE whenever necessary. Anyway, it was mentioned in the previous MEETING that the FED is still MONITORING INFLATION DATA. - All MARKETS including STOCKS and COMMODITIES are going down slightly due to MARKET RISK OFF. - There is definitely a high chance that USDJPY will go UP a bit more and move to 142.35 LEVEL. Anyway, USDJPY price can go down to 130.642 LEVEL after that. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
by benny_marshall