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Usdjpys

USDJPY BULLISH WILL Go to 180 Yen the Bank of Japan is unlikely to increase its ultra-loose policy rate until Governor Kuroda's term expires in the first quarter of 2023. A break below 124is the start of bearish trend. Technical: BULLISH STRATEGY BUY THE CORRECTION Higher Highs Higher Lows Fundamentals: See my previouse USDJPY trade ideas.All Tades are active, and a lot of fundamental explanations of USDJPY. Read them.Undestand them,then you can mae good trades. Japan has kept interest rates at 0% since the global financial crisis in 2008. Japan’s current interest rate is -0.10% which has been in place since January 2016. Wven an interest rate rise will hold the bullish trend. Japan must increase its interest rates to minimum 5points, to make eve, and make Yen more attractive. And this neve will happen duing the next 5-10 years!!!!! As the yen continues to depreciate, and the inflation rate is expected to accelerate in the coming months, what are analysts’ forecasts for Japan's interest rate in 5 years? The BoJ has projected in January that long-term rates could rise from 0.3% seen this fiscal year, to 0.4% in 2023-2025, before climbing eventually to 3.1% in fiscal 2032. The projections show that a 0.5 percentage-point rise in long-term rates would add 3.3 percentage points to the debt-to-GDP ratio. Fitch Ratings and ING expected the Bank of Japan interest rate would remain unchanged at -0.1% until the end of 2024. BofA expected the Bank of Japan to hold the ultra-loose policy rate through the remainder of Governor Haruhiko Kuroda’s tenure, and any policy normalisation would be delayed until new leadership came in after April 2023, despite pressure from the weaker yen. The yen is likley to benefit later in 2023, as we believe the BoJ will eventually end its yield curve control policy and the Japanese bond yields will rise Therefor traders will sell yen more excessively before this happens. A decline in long-end U.S. yields and a peaking out in terminal rate expectations into 2023, alongside the risk of a moderate U.S. recession, should clear the runway for a lower repricing of the dollar/yen pair in 2023. In addition, the BoJ shocked markets in December by relaxing its yield curve control (YCC) policy of pinning yields close to zero. The central bank announced it would allow 10-year Japanese yields to climb as high as 0.5 percent, compared with 0.25 percent previously. The yen strengthened against the dollar after the news. Electricity and gas for households registered the biggest jump of 21.5% and 20.1%, respectively. Japan is a net importer of oil and natural gas, whose prices have hit record highs amid Russia’s invasion of Ukraine. Food prices in Japan rose by 7.3% yoy in January 2023. The BoJ said in its January 2023 statement: “On the price front, the year-on-year rate of change in the CPI (all items less fresh food) has been in the range of 3.5-4.0 percent due to rises in prices of such items as energy, food, and durable goods. Meanwhile, inflation expectations have risen.” The new economic policy package will support domestic demand, partly offsetting subdued household confidence and real income. Loss of momentum in trading partner economies will moderate exports. After peaking in the course of 2022, headline consumer price inflation will fall back in late 2023 as energy prices stabilise, but then gradually increase again towards 2% in 2024 as wage growth gains momentum.
Long
by DaveBrascoFX
1
Japan Yen's Strengthen Secure a True Low Volatile HedgeAs the Federal Reserve tightens its monetary policy and inflation rates continue to drop, the Japan Yen has steadily strengthened. This trend presents a unique chance to diversify your trading positions and capitalize on Yen's increasing value. By incorporating the Yen into your portfolio, you can potentially shield yourself from market volatility and enhance your risk management strategies. Why choose the Japanese Yen, you may ask? Well, let me share a few compelling reasons: 1. A Safe Haven Currency: Historically, the Yen has been considered a haven currency during economic uncertainty. It's stability and low volatility make it an attractive option for traders seeking a reliable hedge against market fluctuations. 2. Economic solid Fundamentals: Japan boasts a robust and resilient economy supported by technological advancements, a skilled workforce, and a commitment to innovation. These factors contribute to the Yen's strength and make it an appealing choice for traders seeking stability. 3. Diverse Trading Opportunities: The Japan Yen offers many trading opportunities across various currency pairs. Whether you prefer significant pairs like USD/JPY or exotic pairs like EUR/JPY, the Yen's liquidity, and popularity ensure ample chances to profit. Now, it's time for action! Don't miss out on leveraging the Japan Yen's strengthening trend. Here's what you can do to seize this opportunity: 1. Evaluate Your Portfolio: Assess your current trading positions and identify areas where the inclusion of the Japan Yen could enhance your risk management and diversification strategies. 2. Stay Informed: Keep a close eye on market indicators, economic news, and central bank policies that may impact the Yen's value. This knowledge will help you make informed trading decisions and maximize your potential profits. 3. Collaborate and Learn: Engage with fellow traders, attend webinars and seminars to gain insights and exchange ideas about trading the Japanese Yen. Sharing knowledge and experiences can be invaluable in refining your strategies. Remember, the forex market is ever-evolving, and adapting to new trends is crucial for success. Adding the Japan Yen to your trading arsenal can unlock a true low-volatile hedge and amplify your gains.
Short
by bryandowningqln
2
USDJPY profit target reached perfectly, prepare to sell againSell below 110.29. Stop loss at 111.29. Take profit at 108.54. Reason for the trading strategy (technically): Price has dropped perfectly and reached our profit target. We are now seeing a bounce and price approaching major resistance at 110.29 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) and a strong reaction could occur from this level to push price down to at least 108.54 support (Fibonacci extension, horizontal swing low support). RSI (34) sees multiple reactions off 63% where we expect a corresponding reaction from once price rises to our selling area.
Short
by MEX_Exchange
2
USD/JPY Short SetupThe last candle closed with a major rejection of the trendline that has proven to be an area of resistance. This could be a good opportunity for a sell, however price is also at a smaller support trendline (in blue). With this in mind, it may be better to wait for price to be rejected by this line and then short at a higher price. The bias for this wedge is to breakout to the downside, so an entry here would be perfect for that breakout. I would take some profits at either of the support zones (in blue) and hold onto the rest for the breakout that could see price reaching 108.7 or even lower.
Short
by LeeThompson97