Short Opportunity on USDJPYThere is a head and shoulder pattern in formation and there is an opportunity to short sell with targets of right shoulder projected length.
USDJPY trade ideas
Re-distribution schematicDuring a uptrend the price is moving sideways and we are in a bullish market, we are located in a supply zone but the actual liquidity is above this zone. This could indicate a re-distribution model where lows and highs getting liquidated before a new up move. Will look for buys when the lows have been liquidated and a bullish impulse is following.
USDJPY Will Explode! BUY!
My dear friends,
Please, find my technical outlook for USDJPY below:
The instrument tests an important psychological level 153.75
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 155.10
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
USDJPY MARKET ANALYSIS1. 4-Hour Chart Analysis:
o Trend Direction: Uptrend
o Liquidity Areas:
o Inducement: Yes – small false breakouts between 155.388 and 153.324
o Imbalance Zones: Minor imbalance between 153.324 and 152.878
o Supply/Demand Zones: Demand zone between 152.878 and 152.151
2. Entry & Exit Plan:
o Entry Criteria: Enter at 152.927, set and forget
o Stop-Loss: 152.020, just below demand zone
o Take Profit: 156.749 at the next resistance
USD/JPY BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
USD/JPY pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 154.148 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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USDJPY: Bearish Break in FocusHello Traders,
Below is my analysis of USDJPY currency pair from H1 perspective.
Trend & Sentiment
USDJPY is in a strong downtrend, forming lower highs and lows. The recent break below 153.819 confirms bearish momentum, with sellers firmly in control.
Key Levels
Resistance: 153.962 (Minor), 154.653 (Major)
Support: 153.276
Possible Movement
Bearish Continuation: Likely toward 152.466 (target) as long as the price stays below 154.653.
Retracement Risk: Minor resistance at 153.962 may cap any short-term bounces.
Reversal Signal: A break above 154.653 could shift momentum to bullish.
Conclusion
The outlook remains bearish with a focus on 152.466, while resistance at 154.653 defines the trend's invalidation point.
Do let me have your thoughts.
Cheers and happy trading!
USD?\/JPYUSD/JPY is currently looking to head to 155/700 region to complete the fibonacci extension of he previous low of structure. Most Yen pairs has already made a significant move to the top order block.
USDJPY weeklyI assume a huge ending diagonal that will mark the long-term reversal point for this pair.
It will take more weeks to complete it, need some patience to build a position into the weaking us dollar, that, most likely, will start early next year.
The internal structure requires that the 5th wave prints a clear 3-waves move, so I am assuming a corrective phase before it makes a higher high and completes the ending diagonal
USDJPY LONG Market structure Bullish on HTFs DW
Entry at Daily and Weekly AOi
Weekly Rejection at AOi
Previous weekly Structure point
Daily Rejection At AOi
Around Psychological Level 153.000
H4 Candlestick rejection
Levels 9.2
Entry 85%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King
USDJPY. The Japanese Yen (JPY) extends its steady intraday descent against its American counterpart, pushing the USD/JPY pair to a fresh weekly top, closer to mid-155.00s heading into the European session on Wednesday. This comes on the back of the previous day's turnaround and supports prospects for a further JPY depreciation on the back of the uncertainty over the timing of another interest rate hike by the Bank of Japan (BoJ).Bank of Japan Governor Kazuo Ueda earlier this week warned against keeping borrowing costs too low and signaled another interest rate increase, was vague on the timing and offered no hints about a hike in December.Meanwhile, rebounding US Treasury bond yields revive the US Dollar (USD) and further contribute to driving flows away from the lower-yielding JPY. Apart from this, a generally positive risk tone seems to undermine the safe-haven JPY and suggests that the path of least resistance for the USD/JPY pair is to the upside. That said, intervention fears could limit JPY losses ahead of speeches from influential FOCM members.
USD/JPY pullback before upside continuationWe could see a pullback from this resistance area all the way down to the support zone around 154.700 before continueing to the upside.
USDJPY Daily Analysis: Slight Bearish Bias Anticipated Amid SafeUSDJPY Daily Analysis: Slight Bearish Bias Anticipated Amid Safe-Haven Yen Demand and Weaker U.S. Dollar 20/11/2024
Introduction
The USDJPY currency pair is expected to maintain a slight bearish bias today, driven by safe-haven flows into the Japanese yen (JPY) and continued softness in the U.S. dollar (USD). Geopolitical uncertainties, a dovish Federal Reserve outlook, and stable Bank of Japan (BoJ) policy are contributing to downward pressure on the pair. This article provides a detailed analysis of the key factors influencing USDJPY and offers valuable insights for traders navigating today’s market conditions.
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Key Drivers Influencing USDJPY Today
1. Increased Demand for Safe-Haven Yen
The Japanese yen remains supported by its status as a safe-haven currency amid lingering geopolitical risks and mixed global economic conditions. Recent concerns surrounding slowing growth in key economies have fueled risk aversion, prompting investors to favor the yen, which puts downward pressure on USDJPY.
2. Weaker U.S. Dollar Amid Dovish Fed Signals
The U.S. dollar continues to face headwinds as the Federal Reserve maintains a cautious tone regarding future rate hikes. Softer-than-expected inflation data and moderated labor market growth have reinforced expectations that the Fed will keep rates steady, reducing demand for the USD and creating a bearish setup for USDJPY.
3. Stable BoJ Policy and Speculation on Tweaks
The Bank of Japan’s (BoJ) commitment to its ultra-loose monetary policy remains intact. However, growing speculation that the BoJ could adjust its stance in the future if inflation remains persistent has lent support to the yen. This dynamic further enhances the bearish pressure on USDJPY.
4. Technical Indicators Aligning with Bearish Momentum
USDJPY’s technical setup reflects bearish sentiment, with the pair trading below key moving averages and showing negative momentum on key indicators like the RSI and MACD.
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Technical Analysis Indicators
Moving Averages and RSI
USDJPY is trading below its 50-day moving average, signaling ongoing bearish momentum. The Relative Strength Index (RSI) remains in a downward trajectory but stays above oversold territory, indicating room for further declines without an imminent reversal.
MACD and Volume Trends
The MACD shows a bearish crossover, confirming downside momentum. Additionally, volume analysis highlights increased selling activity, aligning with the overall bearish outlook for today.
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Conclusion
With strong safe-haven demand for the yen, dovish signals from the Federal Reserve, and bearish technical indicators, USDJPY is likely to sustain a slight bearish bias today. Traders should remain attentive to any surprises in economic data or geopolitical developments that could shift sentiment.
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USDJPY Trade IdeaUSD is in bullish , which means all other weak currencies should be bearish.
As you can see in the chart of FX:USDJPY weekly open is holding as a support. once it breaks this support and holds it as a resistance, I will short it with this confirmation, and put stop loss at previous candle high. And tp would be current year mid.
I will keep you updated with all my trades.
USDJPY - Possible Correction, "SHORT"20SMA - Blue
200SMA - Pink
Key Confluence Areas - Grey Lines
Market Structure Support/Resistance - Green/Red Dashed Lines
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How I see it:
Price can correct all the way back to 154.550 = KEY LEVEL!
A possible "SHORT" correction to first confluence of support is possible.
*** Monitor rising SMA closely for bullish continuation after correction.
I deeply appreciate you taking the time to study my analysis and point of view.
Keynote!
The most important to consider always, before you leap:
When you jump in the river, make sure you swim "WITH" the current.
USDJPY, Bullish ChannelBullish Channel
Fake breakout of channel
Now Trading inside the channel
Long position
Enter @ CMP
SL at break of channel
USDJPY H1 | Bearish Reversal Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 155.575, which is an overlap resistance close to 61.8% Fibonacci retracement.
Our take profit will be at 154.51, an overlap support level.
The stop loss will be at 156.62, a swing high resistance level.
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usdjpyUSD/JPY mitigating in a daily order block demand area means the price is retracing into a zone of institutional buying interest where previous unfilled buy orders might reside. This mitigation process often results in consolidation or bullish reactions as these orders are triggered, potentially setting the stage for an upward move. Traders watch for signs of rejection, such as wicks or bullish candlestick patterns, as confirmation to enter long positions, with stops placed below the demand zone's low. However, if the zone fails to hold, it could signal bearish continuation, requiring careful risk management.
UsdJpy Trade IdeaWith UJ coming back underneath a resistance level from a previous range I decided to short the pair for a 1:3rr. We had a clean bearish flip once price came above the resistance with price failing to continue bullish structures. USD had news at 8:30 but bearish structures still held. If all goes well we could expect price to tap back into the support range around 152. Just around 152 is a weekly level of resistance that has been respected multiple times so having targets around that level would be ideal.
USD/JPY Daily AnalysisPrice is moving within a strong uptrend.
Tuesdays daily candle tested the lows and rejected them forming a Hammer candle (also known as a low test candle).
This may be the beginning of a new impulse of buying.
Look for buy setups that meet your strategy rules.
USDJPY - UniverseMetta - Signal#USDJPY - UniverseMetta - Signal
H4 - Formation of ABC structure from the lower border of the channel. Stop behind the minimum of wave C.
Entry: 154.290
TP: 155.358 - 156.752 - 158.857 - 162.307
Stop: 153.217
USDJPY CORRECTIVE MOVE LONG OPPORTUNITYUSDJPY nice rebound opportunity, testing the major support level can bring up the price to recent daily hight. Nice low risk opportunity with high return. Lets see if we can catch it!
USDJPY: Anticipating a Bearish Move After Key Resistance TestUSDJPY is shaping up for a potential short setup, but patience is key as we wait for price to hit a critical resistance zone. Let’s break it down:
The Setup
Price is currently on a bullish push, targeting the highlighted zone at 154.332.
This resistance level is a key area where sellers could regain control. Once price enters this zone, I’ll be watching closely for signs of exhaustion or reversal to enter short.
The Plan
1️⃣ Entry Zone: I’m looking to go short from the 154.332 area, anticipating that the bullish momentum will lose steam here.
2️⃣ Stop Loss: My stop loss is placed at 155.397, safely above the resistance to protect against invalidation.
3️⃣ Take Profit: My primary target is the 152.242 support level, offering a solid risk-to-reward ratio.
Why This Makes Sense
This setup combines structure and momentum. The resistance at 154.332 aligns with previous price reactions, making it a strong area to expect sellers to step in. By positioning in this zone, I’m aiming to catch the reversal early without waiting for traditional confirmation.
Mindset Tip:
"It’s not about chasing trades; it’s about letting the market come to you. Know your levels, define your risk, and trust your process."
