Downloading...
Download

Usdjpyforecast

USDJPY: Yen Decimation continues!!USDJPY Intraday - We look to Buy at 133.29 (stop at 132.49) The primary trend remains bullish. The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing. We can see no technical reason for a change of trend. Further upside is expected although we prefer to buy into dips close to the 133.00 level. Our profit targets will be 134.99 and 135.50 Resistance: 135.00 / 137.00 / 140.00 Support: 133.00 / 130.00 / 126.80 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . 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 Signal Centre.
Long
by VantageMarkets
USDJPY: Never Ending Bull Run 🚀Trying to trade anything JPY is proving difficult as we experienced yesterday on EURJPY. The death of JPY just continues over and over. I think the bull run will continue all the way into the key psychological level of 130 before we see any signs of buyers slowing down. I won't set an order, I will set an alert because we are bound to see some manipulation around this key level. Once the manipulation and play on price is complete around 130 THEN we may have the opportunity to join sellers. Buyers got an easy breakout of the 'trend-line' which leads me to think liquidity and trapped sellers remain at the low. This will be the target IF we locate a sell.
Short
by AlkalineFX
22
Long Position on USDJPY-4HHello Traders ! This is a technical view on USDJPY , we're looking to taking a long position on UJ in the next few hours. For the following reasons: After the fall in the demand area between 127.00 & 126.50. Also, this UJ Market is turning quite bullish in the short term. This move would happen in the next few days when the 127.50 tested its support zone to see the 129.00 tested as stand as a Resistance. Meanwhile, when the market breaks that level, it will effectively see 130.20 be hit. TRADE CAUTIOUSLY..
Long
by aymanjemghili
USDJPY | New perspectiveIt is going to be a busy week as eyes remain fixed on Non-farm payroll. Traders will also pay close attention to the ISM manufacturing report on Wednesday and the Conference Board consumer confidence reading on Tuesday which is expected to show a significant deceleration. The main economic release on Friday will be important to see if hiring remains strong. The consensus estimate for the change in nonfarm payrolls is 329K jobs, a dip from the previous 428K. All these shall have a significant impact as we should be expecting a lot of consolidation before a breakout/breakdown. From a technical perspective, I have two scenarios that we can get ready for going into the new week. Risk 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
USDJPY: King Dollar back?!USDJPY Intraday - We look to Buy at 127.62 (stop at 127.11) Broken out of the triangle formation to the upside. A mild correction has been posted from yesterdays high, this is seen as a retest of the breakout level. Daily signals for sentiment are at overbought extremes. Neckline support is 127.60. Dip buying offers good risk/reward. Our profit targets will be 128.85 and 129.00 Resistance: 128.85 / 131.30 / 135.00 Support: 127.60 / 126.60 / 124.10 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . 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 Signal Centre.
Long
by VantageMarkets
USDJPY ( BREAK AND RETESTHello, right now UJ is near a critical area, next to a trend line and a zone, but am hopping for it to break that zone hit the 0.00% Area as TP 1 then push down to retest that minor structure trend line before making, Although keep in mind it’s in the corrective stages and it will eventually continue with a bearish momentum only if it rejects the trend line, but if it doesn’t then minor structure buy would be ideal. PS; near trend-lines and zones there tends to be s to be consolidation . Jesus loves you❤️.
by louisemwesigwa
USD/JPY Weekly Analysis: At last Japanese PM comments on JPYThose who have been doing forex for a long time know very well that the Bank of Japan occasionally intervenes in the forex market on JPY. The most interesting thing is that last week, the Japanese Prime Minister Kisida indirectly intervened in JPY. This is why the Japanese yen has strengthened quite a bit against the dollar. Although USD / JPy did not drop much like that, but in the days to come USD / JPy has created a chance to drop. Although it is very difficult to say with certainty, because in the last few years, inflation in Japan is now skyrocketing. According to this month's report, Japan's national CPI has risen from 1.2% to 2.5%. This is the highest in the last 8 years. Last week, Japanese Prime Minister Kisida said prices of raw materials had risen on the one other hand, and the weakening yen had made life and trade difficult. Such comments from a Prime Minister are a kind of indirect intervention. Japanese Yen Safe Haven Currency We all know this. But we haven't seen it in the Japanese yen movement in the last few months though. The main mastermind behind the weak yen though is the Bank of Japan itself. The Bank of Japan has used various tricks to weaken the Japanese yen in order to stabilize Japan's bond market and keep inflation targets in check. The Japanese yen has had a negative correlation with the US bond market due to safe haven. In other words, as the US bond rate rises, the Japanese yen, as a safe haven, weakens, just like gold. Just as gold has strengthened somewhat since the US bond market dropped last week, so has the Japanese yen. Falling of the US 10 years bond and the Japanese prime minister’s comments on the weak Japanese Yen helped USD / JPY to drop. Technically, however, USD / JPY may drop more in the next week, as USD / JPY has broken below of the trend line support. However, if 127.00 / 126.85 is not broken out, maybe USD / JPY will not drop much. And for this we need a big catalyst. And it could be next week's FOMC. After FOMC we will know if USD / JPY will be stable below 126.85 or not. If USD / JPY stabilizes below 126.85, then technically there is a hope that USD / JPY might test up to 125.00 and 121.00 again. Major support from current rate is 127 / 126.85 price zone. If the market is stable below 126.75 then the next target is 125.00 and if the breakout is 125.00 then the final target is 121.50. Although I do not yet think that USD / JPY will drop below 125.00 very easily. Because in the coming days, the Fed will raise the benchmark. Bank of Japan’s bank rates on the other hand is still -0.10% and there is no sign that they are going to hike rates very soon. So, as a carry-on trade, it may still be profitable for investors to have USD/JPY in buy mode. Since the Japanese yen is safe haven, and the Japanese prime minister sees the weak Japanese yen as a problem, So, USD / JPY has created an opportunity to go down further. On the other hand, if USD / JPY stabilizes above 129.80 again, the market may test 131 / 131.50 area again. And if it breaks above 131.50 this time, our last target is 135.00 area. 135.00 Area Very Critical Resistance Level. Correction can easily drop from 135.00 market.
Short
by Gold_Trading_Expert
USDJPY | Perspective for the new weekGoing into the new week, the upside potential of the Greenback against the Japanese yen appears to be becoming more limited as falling Treasury yields is undermining the pair’s most potent logic. Technically, the appearance of a double top structure right above the 131 area followed by the breakdown of the neckline is a signal that there is a risk of further decline probably in a short term. Risk 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.
Short
by darcsherry
USDJPY: Dollar remains King!!USDJPY Intraday - We look to Buy at 128.34 (stop at 127.42) Buying pressure from 128.00 resulted in prices rejecting the dip. This is positive for sentiment and the uptrend has potential to return. There is scope for mild selling at the open but losses should be limited. Prices expected to stall near trend line support. Preferred trade is to buy on dips. Our profit targets will be 130.47 and 130.75 Resistance: 129.50 / 129.75 / 130.00 Support: 129.25 / 129.00 / 128.75 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
Long
by VantageMarkets