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Usdjpysignal

USDJPY | Perspective for the new week | follow-up detailsEconomic data coming out of the US economy has pointed to slowing economic growth, as the increased sentiment that the Fed may pause its tightening policy lingered across the market. The market sentiment is clearly attaching more recessionary risks to the dollar, but when we look at the charts from a technical standpoint, price action is currently sitting in a strong demand zone at the 131.000 level. An area that has favored buyers for over 10 months now. With nonfarm payrolls out of the way, all attention is now focused on next week's US consumer price index (CPI) for the month of March (amongst other high-impact events). This video explains in detail what to look for on the chart in other to take a position in the coming week(s). 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
USD vs YEN | USDJPY IdeaHi traders! As you can see, the long-term trend of the USD/JPY price chart is bullish. But in this direction there are lines and areas that show resistance against price growth. So we will wait for the price to break the first resistance zone ( it's around $133.80 ). USDJPY Dollar vs Yen FX:USDJPY ⚠️🚨 Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view, And only some of these analyzes are my actual real trades. I hope Traders consider I am Not responsible for your trades and investment decision. ✅ Please write any advice or suggestions.
Long
by Arash-RK
USDJPY: America on verge!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️ China is aiming to establish its currency, the yuan, as the major rival to the dollar in global trade. It has established new alliances with Russia and other nations that are ready to conduct direct transactions in Chinese yuan. It is not surprising that Russia is taking steps to undermine the dominance of the U.S. dollar, as Western sanctions have tried to exclude Russia from worldwide financial operations, which has led the Kremlin to seek substitutes such as conducting international trade in rubles, yuan, or even gold. The current concern among U.S. officials is that Saudi Arabia may announce its decision to stop pricing oil exclusively in dollars, which would officially mark the end of the dollar's role as the world's reserve currency. Note: Note: Full TP, SL for winning the market and safe trading!
Long
by Sphyn-Trader
4
USDJPY | Perspective for the new week | follow-up detailsIt was a rollercoaster of buys and sells during the course of last week's trade session as price action traded around the key level identified around the 131.000 level to emphasize a level of indecision in the market. Japan CPI inflation dips from over 40-year highs in Feb and the reading was at its lowest level since September 2022 but was still well above the BoJ's annual target of 2%. Readings came in at 3.3% down from 4.3% in the prior month... Next week is coming with a couple of fundamental activities that will bring some liquidity to the market; from the BoJ governor's press conference about monetary policies in Tokyo to the GDP data from the US docket. In this video, we technically analyzed the market structure with the intent of identifying potential trading opportunities in the coming week(s). 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
2
USDJPY 31 March 2023Analysis: Bullish Flag possible continuation pattern but on RSI we can see bearish Divergence so this can reversal pattern (DOUBLE TOP). So we can have two trade plans one bullish and one bearish we will pick trades by the help of BUY/SELL stop Trade Plan (Bullish Setup/Bullish Flag) Entry (Buy stop) 133.064 Stop loss 132.158 Target 1 133.970 Target 2 134.840 Trade Plan (Bearish Setup/Double Top) Entry (Sell Stop) 132.158 Stop loss 133.064 Target 1 131.277 Target 2 130.357 NOTE: stoploss 2% or 5% risk of the capital. Adjust your lot sizes according to your account size
by khawar_mughal
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 a very high possibility that USDJPY will go up a bit more and move to 135.88 LEVEL. Anyway, USDJPY price can go down to 124.73 LEVEL after that. We focus on MARKET UPDATES and MARKET SENTIMENT. Follow the given MARKET STRUCTURE.
by benny_marshall
Have UsdJpy found the bottom?Since the top on the 8th of March, UsdJpy has dropped around 900 pips with every rally being sold in this short period. However, this drop seems to have stopped on Friday with a Pin Bar marking the day, but more importantly, a reversal from under important 130 figure. Since then the pair is consolidating and, more importantly, looks ready for a reversal. I'm bullish on this pair as long as Friday's low is intact and as for the target, 135 zone resistance could provide a good R: R for a buy trade.
Long
by Mihai_Iacob
11