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Usdjpyshort

USD/JPY & GBP/USD UpdateUSD/JPY The secondary trend on the USD/JPY has printed a trend-changing pattern after breaking above the pullback structure. This move gives us a piece of crucial information, that we can buy at the low after the current wave structure is complete. Currently, our high probability trade is selling now to buy later. GBP/USD The Cable is bearish because we have seen three trend-changing patterns that constitute a downtrend in the GBPUSD. Overall the major trend is now resuming to the downside and we want to sell every rally that failed to make a Higher high.
Short
by Charts247TradingAcademy
USD/JPY Bearish Scalping Money heist planMy Dear Robbers / Traders, This is our master plan to Heist Bearish side of USD/JPY based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Short entry, Our target is Green Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback happens at the level Bear Robbers / Traders gain the strength. Be safe and be careful and Be rich. when market break the dynamic support it will continue to go down down. Loot and escape at the target🎯. support our robbery plan we can make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
Short
by Thief_Trader
Yen Wobbles, Gold Gleams: A Stirring in Global Currency MarketsThe foreign exchange market witnessed a tug-of-war this week, with the Japanese yen (JPY) taking center stage. Speculation surrounding potential intervention by Japanese authorities to prop up the weakening yen against the US dollar (USD) sent ripples through the currency landscape. Meanwhile, the US Dollar Index (DXY), a broad measure of the greenback's strength, dipped, impacting the price of gold, which became more attractive to some buyers. The Yen's Woes: Intervention or Market Forces? The Japanese yen has been on a depreciating streak recently, driven by a widening gap between Japanese and US interest rates. Japan's central bank, the Bank of Japan (BOJ), maintains an ultra-loose monetary policy with near-zero interest rates, while the US Federal Reserve is signaling a more hawkish stance with potential interest rate hikes on the horizon. This disparity makes yen-denominated assets less appealing to investors seeking higher returns, pushing the yen's value down. The recent rumors of intervention suggest that Japanese authorities are concerned about the rapid depreciation of the yen. A weaker yen can be a double-edged sword. While it makes Japanese exports more competitive in the global marketplace, it also pushes up the cost of imported goods, leading to potential inflationary pressures within Japan. Intervention's Effectiveness: A Double-Edged Sword Currency intervention involves a central bank buying or selling its own currency to influence its exchange rate. In this case, buying yen would aim to strengthen it against the dollar. However, the effectiveness of such interventions depends on various factors. • Market Sentiment: If the market heavily anticipates further depreciation, a one-time intervention might have a limited impact. The BOJ would need to signal a sustained commitment to supporting the yen for a more significant effect. • Ammunition: Intervention requires significant financial resources. The BOJ's foreign exchange reserves would play a crucial role in its ability to sustain intervention efforts. The Greenback's Sway: DXY Dips, Gold Gleams The US Dollar Index (DXY) gauges the value of the US dollar relative to a basket of major currencies, including the euro (EUR), the Japanese yen (JPY), the British pound (GBP), and others. This week's dip in the DXY indicates a weakening of the US dollar against this basket of currencies. This can be attributed to several factors, including: • Profit-taking: After a period of strength, some investors might be taking profits from their dollar-denominated holdings. • Global Risk Aversion: Increased global uncertainty due to geopolitical tensions or economic concerns can lead investors to seek haven currencies, potentially weakening the dollar. Gold's Allure: A Beneficiary of a Weaker Dollar Gold is often perceived as a safe-haven asset during times of market volatility or economic uncertainty. When the US dollar weakens, gold becomes cheaper for buyers holding other currencies. This week's dip in the DXY could be contributing to some increased interest in gold. However, gold's price is influenced by various factors beyond the dollar's strength. Interest rates, inflation, and investor sentiment all play a role. Looking Ahead: A Dynamic Landscape The global currency market remains a dynamic environment, and the events of this week highlight how various factors can interact and influence exchange rates. The future direction of the yen and the DXY will depend on a combination of economic data releases, central bank actions, and broader market sentiment. Here are some key factors to watch in the coming days: • BOJ Policy Statements: Any signals from the BOJ regarding potential adjustments to its monetary policy could impact the yen's valuation. • US Economic Data: Upcoming US jobs reports and inflation data can influence the Federal Reserve's monetary policy decisions, potentially impacting the DXY. • Geopolitical Developments: Global events with significant economic implications can trigger market volatility and impact currency valuations. By staying informed about these developments, market participants can make informed decisions about their currency positions and potentially take advantage of market opportunities.
Long
by bryandowningqln
usdjpy chartUSD/JPY is the forex ticker that shows the value of the US Dollar against the Japanese Yen. It tells traders how many Yen are needed to buy a US Dollar. The Dollar-Yen is one of the most traded forex pairs - second only to EUR/USD - and is a benchmark for Asian economic health and even the global economy. View the live Dollar-Yen rate with the USD/JPY chart and improve your technical and fundamental analysis with the latest USD/JPY forecast, news and analysis. USD/JPY rebounds after the heavy sell-off on Monday. US Dollar traders are buying the dip after possible intervention by the authorities pulled USD/JPY down. The interest rate differential between Japan and the US is likely to maintain a bullish pressure on the pair
Short
by Mark804
The Yen's Wobble: Bank of Japan in a Policy BindThe Bank of Japan (BOJ) finds itself caught in a precarious situation as it grapples with defending the weakening Japanese Yen (JPY). With global inflation on the rise and other central banks tightening monetary policy, the BOJ faces a difficult choice: intervene in the currency market or stick to its ultra-accommodative stance. The Yen's depreciation stems from a divergence in monetary policies between Japan and other major economies. The BOJ has stubbornly maintained an ultra-loose policy, keeping interest rates at a negative 0.1% for nearly eight years. This stands in stark contrast to the US Federal Reserve, which has begun raising rates to combat inflation. This difference in interest rates makes the US Dollar (USD) a more attractive asset for investors, leading to a decline in the Yen's value. A weakening Yen presents a double-edged sword for Japan. On the one hand, it benefits exporters by making their products cheaper in foreign markets. However, on the other hand, a weaker Yen translates to higher import costs, particularly for essential commodities like oil and gas, which are already experiencing price hikes due to global factors. This translates to a squeeze on Japanese consumers' wallets and fuels inflationary pressures domestically. The BOJ has a couple of options to address this dilemma. One option is to intervene directly in the foreign exchange market by selling US Dollars from its massive war chest of over $1.2 trillion worth of US Treasuries (as of February 2024 data). This intervention would theoretically raise the value of the Yen by increasing demand for it. However, such a move is not without its risks. Selling a significant amount of US Treasuries could cause their yields, or the interest rates investors receive for holding them, to spike. This could have a ripple effect on global financial markets, potentially destabilizing them. Furthermore, Japan's intervention might be seen as futile if the underlying cause, the policy divergence with other central banks, is not addressed. The effectiveness of currency intervention is often debated, with some economists arguing that it is a temporary solution at best. The other option for the BOJ is to raise interest rates. This would bring Japan more in line with other central banks and potentially make the Yen a more attractive asset for investors. However, the BOJ has been reluctant to raise rates for several reasons. One concern is that raising rates could derail Japan's fragile economic recovery. The country has struggled with deflation, or persistently falling prices, for decades, and raising rates could dampen economic activity. Additionally, many Japanese businesses and households have become accustomed to, and even dependent on, the low-interest-rate environment. Raising rates too quickly could lead to financial instability. The BOJ's decision to maintain negative interest rates at its April 26th meeting underscores this cautious approach. This decision, while expected by many analysts, further highlights the difficult balancing act the BOJ faces. The path forward for the BOJ remains uncertain. The bank may eventually be forced to raise interest rates as global inflationary pressures persist. However, the timing and pace of such hikes will be crucial. The BOJ needs to find a way to defend the Yen without jeopardizing the economic recovery or causing undue financial market volatility. This situation serves as a reminder of the complex challenges central banks face in a time of global economic uncertainty.
by bryandowningqln
USDJPY | MT Short H4 | Riding on BOJ InterventionPair: FX:USDJPY Timeframe: H4 - Medium Term (MT) Direction: Short Technical Confluences for Trade: - Stochastics are in Overbought Conditions on D1, H4 and H1 time-frames - Price action may face some resistance from a previous support line - Price is close to 61.8% Fib Extension Level - Aiming for the 32.8% Fibo Retracement with 23.6% as the TP 1 level Fundamental Confluences for Trade: - Dividend repatriation season for Japan where MNCs bring back USD dividends and converts them to JPY - These levels may see BOJ intervening to stop the Yen weakness - Yield differential between USA and Japan cannot be denied and dovish BOJ doesn't help much; hence the weak JPY unless we see a firmer BOJ - Further war escalation from the Israel-Iran tension may bring on risk-off moves and see the JPY strengthen Suggested Trade: Entry @ Area of Interest 154.00 - 155.15 SL @ 156.56 TP 1 @ 151.30 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 149.27 Risk-to-Reward @ Approx. 3.03 (Depending on Entry Level) May the pips move in our favor! Good luck! :D *This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and am not responsible for any losses derived from it.
Short
by weekendanalyst
2
USDJPY → Trade Analysis | SELL SetupHello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Short
by TheGrove
9
USDJPY: Japan resolves currency concerns with the USThe US greenback has visible wide appreciation this year, in large part because of expectancies of a put off withinside the Federal Reserve`s circulate to reduce hobby rates. However, the yen and received have weakened appreciably towards the greenback in comparison to maximum different currencies. Following the joint statement, the yen noticed a healing as markets predicted feasible intervention, even as the received additionally stabilized. The communicate included loads of topics, together with cooperation towards "monetary coercion and overcapacity in key sectors" with the aid of using different countries, a message simply aimed toward Beijing. Still, the forex difficulty has attracted good sized marketplace interest and is a political victory for Japanese Prime Minister Fumio Kishida, who's grappling with low approval rankings because the price of residing rises. High. In Japan, actual wages fell for 23 consecutive months thru February, regardless of large groups supplying pay increases. A vulnerable yen worsens the state of affairs for a rustic that is based closely on imports including gas and food.
Short
by Chart_MasterPro
2
USDJPY capitulates before BOJ blows up this summerThe FED is either: A. Going to be hawkish and provoke a mini-meltdown before another FED speaker comes out next week and hints at rate cuts in June for sure. B. Going to be dovish Either way, USDJPY will fall to 97 area, bringing a roar of inflation back into the limelight. People will think it's the death of the dollar, but what happens here is the opposite everywhere else since the dollar TVC:DXY is the reserve currency. This means when the dollar comes down, inflation goes up HERE - which means everyone else experiences DEFLATION. Deflation will force higher unemployement and a destruction of their foreign export base which is everyone. This will force them (especially the BOJ) to print their own currency forcing the dollar higher up past 140-160+. This will explode the foreign currencies with ours being last. By this time there will be enough chaos that the central bankers will hope people will clamour for their enslaving CBDC's which allows them to have negative interest rates based on social credit scores.
Short
by EmptyEternity
2
usdjpy signalUSD/JPY is the forex ticker that shows the value of the US Dollar against the Japanese Yen. It tells traders how many Yen are needed to buy a US Dollar. The Dollar-Yen is one of the most traded forex pairs - second only to EUR/USD - and is a benchmark for Asian economic health and even the global economy. View the live Dollar-Yen rate with the USD/JPY chart and improve your technical and fundamental analysis with the latest USD/JPY forecast, news and analysis. The Japanese Yen remains depressed near a multi-decade low amid the BoJ’s dovish outlook. Reduced Fed rate cut bets lift the USD to a fresh YTD top and further lend support to USD/JPY. Intervention fears and a softer risk tone could help limit deeper losses for the safe-haven JPY. From a technical perspective, the recent breakout through a short-term trading range hurdle near the 152.00 round figure and the subsequent move up was seen as a fresh trigger for bullish traders. That said, the Relative Strength Index (RSI) on the daily chart is flashing overbought conditions, making it prudent to wait for some near-term consolidation or a modest pullback before positioning for any further gains. Meanwhile, any meaningful corrective slide below the 154.00 mark is likely to attract fresh buyers and remain limited near the 153.40-153.35 region.
Short
by Mark804
SHORT USD/JPY from 153.91Since the open last night USD/JPY has pushed stronlgy higher, so much so that the price has already reached the WR1 weekly pivot. Its a never ending mystery to me why everyone doesn't use weekly pivots as they are lines of interest on the charts known at the start of the week and when price reaches weekly support (WS1) or weekly resistance (WR1) there's a high chance buerrs ar sellers will be lying in wait. Usually price hits these pivot levels during the week and its unusual to see the price reached before lunch on Monday (if you're in the UK). Its not a hard and fast rule that price will always reverse when it hits WR1 or WS1 (we'd all be millionaires if it did) so we need other confirming signs that the price may reverse. ON this pair: a). we have a pinbar followed by 3 dogi indecision candles on H1. b). RSI has been over 70 for the last 6 hours and is beginnign to decline. c). The fast MA on MACD is weakenig and heading south (we haven't crossed the slow MA so its not certain we are heaed lower d). The R/R is massive as we can get a STOP on this trade just above the WR1 pivot at 154.05 (14 pips). e) Target could be anything and will depend on what happens in 40 minutes when get Core Retail Sales, Retail Sales and Empire State numbers but initial target is the 200 EMA on H1 at 152.42 (+149 pips) e). The green BUY line of the Andean Oscillator has crossed south over the signal line and the red SELL line has risen from zero. f). The entire structure is an M-Top on the 15m time frame. With luck I can get this trade at b/e before the news at 13:30. If the news comes out in green numbers then this trade is doomed but if the print misses then we should see USD/JP decline by 100 pips at least over the next 24 hours.
Short
by forextraplaces
Usdjpy signal USD/JPY is sitting at multi-decade highs shy of 154.00 in the European session on Monday. The Japanese Yen continues to be undermined by the BoJ’s uncertain outlook about future rate hikes. Intervention fears and persistent geopolitical tensions could help limit losses for the safe-haven JPY. From a technical perspective, the post-US CPI breakout through a two-week-old trading range resistance near the 152.00 mark favors bullish traders. That said, the Relative Strength Index (RSI) on the daily chart – though it has eased from higher levels – is hovering near overbought territory. This makes it prudent to wait for some near-term consolidation or a modest pullback before positioning for any further appreciating move. In the meantime, the multi-decade high, around the 153.25-153.30 region, now seems to act as an immediate hurdle, above which the USD/JPY pair could aim to reclaim the 154.00 round figure. On the flip side, any meaningful corrective decline below the overnight swing low, around the 152.75 zone, is more likely to attract fresh buyers and remain limited near the trading range breakout point, now turned support, near the 152.00 mark. The said handle should now act as a strong base for the USD/JPY pair, which, if broken decisively, might prompt some profit-taking and pave the way for a slide towards the 151.40 intermediate support en route to the 151.00 round figure. Some follow-through selling will suggest that spot prices have topped out in the near term and shift the bias in favor of bearish traders. USD/JPY is the forex ticker that shows the value of the US Dollar against the Japanese Yen. It tells traders how many Yen are needed to buy a US Dollar. The Dollar-Yen is one of the most traded forex pairs - second only to EUR/USD - and is a benchmark for Asian economic health and even the global economy. View the live Dollar-Yen rate with the USD/JPY chart and improve your technical and fundamental analysis with the latest USD/JPY forecast, news and analysis. Confirm Chart
Short
by JohnHarry_7
usd jpy buy USD/JPY ascends following a US inflation report indicating reacceleration, challenging levels that might prompt intervention. Rising inflation figures push Treasury yields higher and boost the US Dollar. Market anticipates future Fed actions with keen interest in upcoming monetary policy minutes. From a technical standpoint, the USD/JPY is trading at levels that were seen in the 1990s. With the major extending its gains past 152.00, that exposes as the next resistance level, the June 1990 highest peak at 155.78, followed by the 1990’s high at 160.32. On the flip side, the first support would be the psychological 152.00 level, followed by the Tenkan-Sen at 151.77 and the April 5 low of 150.81. USD/JPY is the forex ticker that shows the value of the US Dollar against the Japanese Yen. It tells traders how many Yen are needed to buy a US Dollar. The Dollar-Yen is one of the most traded forex pairs - second only to EUR/USD - and is a benchmark for Asian economic health and even the global economy. View the live Dollar-Yen rate with the USD/JPY chart and improve your technical and fundamental analysis with the latest USD/JPY forecast, news and analysis.
Short
by Mark804