UPTREND CONTINUATIONThe buying power is still on our side as the price broke our resistance area at 155.00 aiming to our 2nd profit target at 158.000. Longby Ndoulivhu10
UPTRENDThe price for the USDJPY seems to be going bullish further more to 161.700, so far we waiting for the breakout at 155.00 as it was our 1st profit target to our 2nd profit target at 158.000. Have a profitable week traders, Bless up. Longby Ndoulivhu1Updated 2
USD/JPY Long Long on USD/JPY after a retracement from 50% level of fib, and with the bullish trend , I am expecting the liquidity to be cleared , 1R:3R trade idea with price rejecting from FVG created with trump won last week. Disclaimer: The ideas and strategies presented here are for informational and educational purposes only. They do not constitute financial, investment, or trading advice. Trading and investing involve substantial risk, and you should carefully consider your financial situation and seek professional advice before making any decisions. I am not responsible for any losses or damages incurred as a result of following or acting on these ideas. Past performance is not indicative of future results. Always do your own research (DYOR).Longby Singh_DayTraderUpdated 111
USDJPY H4 | Bearish drop?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 155.78, which is a pullback resistance close to 161.8% Fibonacci extension Our take profit will be at 154.68, a pullback support level. The stop loss will be at 157.68, an overlap 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. 64% 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. 66% 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. Shortby FXCM119
The yen continued to lose value as the dollar strengthened The Japanese yen has dropped to its lowest since late July due to the dollar's strength. Concerns about rising US inflation following Trump's election have diminished the likelihood of the Fed’s further rate cuts. However, if the yen's decline continues, the BoJ may consider intervening in the FX rate and could become more inclined to raise interest rates. Reflecting this situation, Japan's five-year government bond yields have reached a 15-year high as the chances of a BoJ rate hike increase. USDJPY sustained its uptrend and advanced to 155.70. The price is approaching the ascending channel’s upper bound, maintaining bullish momentum. If USDJPY breaches the channel’s upper bound, the price could gain upward momentum toward 157.50, the highest since last July. Conversely, if USDJPY fails to hold above EMA21, the price may fall further to 153.10, where EMA78 coincides. by inkicho_exness1
USDJPY - Buy opportunitiesFundamental Analysis & Market Sentiments USD * Trump wins the Presidential Election. Economists said that the proposed tariff will likely cause inflation uncertainties. FED more likely will not be more aggressive by cutting its Interest rates. This can cause to dollar be more attractive than the other currencies. ---------------------------------------------------------------------------- JPY * The Bank of Japan (BoJ) unanimously maintained its key short-term interest rate at around 0.25% during its October meeting. BOJ more likely hold its interest rate hiking until next Year. Longby ttf-fundaUpdated 117
USDJPY completes an effortless glide above 155.00 overnightUSDJPY closed higher o/n at 155.47 (0.55%), marking its highest daily close in 19 weeks as the rally in US yields extended overnight following the confirmation of a Republican Sweep. After its effortless glide above 155.00 overnight, there will be some concerns expressions on the faces of Japan’s top currency officials as they enter the office this morning, with 160 now likely firming on the markets radar.Longby IG_com3
USD/JPY may rise 88 - 131 pipsOur pivot point is at 154.93. Our preference The upside prevails as long as 154.93 is support. Alternative scenario The downside breakout of 154.93 would call for 154.21 and 153.78. Comment The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 155.12 and 154.94). Supports and resistances 157.72 ** 157.29 * 156.86 ** 156.43 155.55 last 155.21 154.93 ** 154.21 * 153.78 ** Number of asterisks represents the strength of support and resistance levels.Longby Daniel_Thompson3
USDJPY SELL ANALYSIS RISISNG WEDGE PATTERN Here on USDJPY price has form a rising wedge pattern and now is likely to go down if line 153.441 so trader can go for SHORT and expect profit target of 153.093 and 152.673. use money management Shortby FrankFx141
USDJPY for a bearish correctionUSDJPY have potential for a berish correction with 144.532 as a target. If we broke 151,90 with 4h candle closed bellow, we will short this pair.Shortby miketigerUpdated 9
USDJPY Bullish LONG-TERM PLAY TO 176. From the weekly view there is a break of the bottom channel which sets up UJ for a move towards a new high, 176 looks like a good target.Longby HoracioEM222
USDJPY Heading for the 5th Wave Up!USDJPY Heading for the 5th Wave Up! Targets for Possible Reversals and Profit-Taking Zones From July 11, 2024, USDJPY began a bearish movement that concluded on September 16, 2024, near 139.57. The price is clearly showing the development of a 5-wave pattern, and it looks like the price is about to begin the bullish wave for the 5th wave up. You may watch the video analysis for further details! Thank you:)Long04:09by KlejdiCuniUpdated 111162
USDJPY Wave Analysis 13 November 2024 - USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20 USDJPY currency pair recently broke the key resistance level 154.70 (former stern support from June, which has been reversing the price from the end of July). The breakout of the resistance level 154.70 should accelerate the active medium-term impulse wave (5) from the start of November. Given the clear daily uptrend and the bullish US dollar sentiment, USDJPY currency pair can be expected to rise to the next resistance level 157.20. Longby FxProGlobal222
USDJPY LongMarket structure Bullish On HTF 30 Entry at Daily AOi Weekly Rejection At AOi Daily Rejection At AOi Bullish Daily Engulfiing Previous Daily Structure Point Around Psychological Level 153.000 H4 EMA Retest H4 Candlestick rejection Levels 6.69 Entry 90% REMEMBER : Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Christ is KingLongby mobbie_zwUpdated 229
IDEA USDJPY LONG POSITION HI TRADERS Pair : USDJPY Position : LONG ( BUY ) Entry Price : 155.125 STOP LOSS @ 154.725 TP 1 @ 155.525 TP 2 @ 155.925 TP 3 @ 156.325 ( Trailing SL ) Longby hamidTrader211
IDEA TRADE USDJPY LONG POSITION HI TRADERS Pair : USDJPY Position : LONG ( BUY ) Entry Price : 154.940 STOP LOSS @ 154.540 TP 1 @ 155.340 TP 2 @ 155.740 TP 3 @ 156.140 ( Trailing SL ) Longby hamidTrader21Updated 3
USDJPY Long Trade SetupGoing Long on USDJPY... The pair is already bullish and looks to be attempting another breakout around 154.76.... Unless a reversal takes out the support around 152.50. I think we have a good chance of continuation higher towards 156.54 Entry: 154.71 Stops: 152.57 Targets: 156.54 & 158.52Longby Trader_97Updated 112
Reversal of USDJPY based on divergence & bearish ABCDThere is a bearish divergence and confluence of a bearish ABCD pattern indicating a sell stop order opportunity with indicated SL & TP levelsShortby GulKiyani113
USDJPY - The Bulls Are Not Done Here YetIn the midst of a significant rise, USDJPY is tinkering with the next ignition stage: a very pronounced hidden bullish divergence can be found in H8, which should significantly extend the uptrend. The price target selected here is conservative; it is also possible that USDJPY will head straight for the high for the year.Longby OchlokratUpdated 3
USDJPY Mean Reversion Kumo Bounce (15 Minutes Time Frame)Looking at the chart on USDJPY, price has came back to the Ichimoku cloud(kumo) and I am expecting price to bounce off the Kumo, however, I would need some confirmation on the 3 Minutes Time Frame. The Signal I am looking for is that price would move with Higher Highs and Higher Lows. To keep things simple, I would think that entering on the 15 Minutes Time Frame would be best, even though we are looking at the 3 Minutes Time Frame for confirmation of trend reversal. I have been testing mean reversion strategies out and reflecting on how the currency market differs from the stock market. Some conclusions I made is that, unless if one side of the currency is severely depleting of it's resources or have some serious policy issues (Think JPY carry trade from 2016 to 2024), otherwise, the price would always come back to somewhere in the middle (reasonable price between the two currencies that). Example would be Sing Dollar against Malaysian Ringgit. When Singapore separated from Malaysia back in 1965 (I wasn't born yet), until 2 decades or so ago, the exchange rate was somewhat 1 to 1. But today, the price sits at about 1 to 3.2ish. The Malaysian Ringgit has been backsliding against the Singapore Dollar even with their huge population as human resource as well as their export industries. Reason being, they have terrible decision making methods that set the policy of the country. However, the Malaysian Ringgit has been quite stable even with the currency strength decline, and the people manage, somehow to continue living, by working in Singapore and exchanging SGD for MYR. It is like a ship. Even during storms where the waves are 10 stories tall, the ship manages to right itself and prevent the ship from capsizing. Just like the people of Malaysia who make things work for them when the tough gets going. What I wanna say is that, the mean value of the products will adjust itself and prevent a capsize from occuring. Just like the forex market. Unless if the ship has some big hole or damage that causes water to seep into the ship. And that is why the forex market ranges most of the time, because they (government, institutions, banks, traders, citizens) right themselves through various methods, to prevent a landslide in their currency which will in turn affect their commoners' lives.Longby ProfessionalDuckHunterUpdated 1
USDJPY | 13.11.2024SELL 155.130 | STOP 155.800 | TAKE 154.500 | Local correction moving from support point channel.Shortby ProPhiTradeUpdated 2
USDJPYThe dollar is on the rise, so USDJPY Price is close to breaking 4H HH, just swept up some liquidity and pushed higher The opening of the NY session made a huge candle, confirming the intention of moves higher. There is some liquidity above to target, with the daily imbalance to be testedby moneyconceptfxUpdated 4443
Bullish Outlook on USD/JPY: Strong USD and Market OptimismFollowing my previous analysis, I believe USD/JPY has strong bullish potential. With Trump’s election win and renewed market optimism, we’re seeing increased confidence in the USD. As risk appetite grows, investors are moving away from safe havens like gold, which has been losing momentum, and are putting their money back into the markets. This shift, combined with expectations for a stronger dollar, could create a solid uptrend for USD/JPY. As the USD strengthens, we might see higher highs in this pair in the near term.Longby Charts_M7M6