In light of recent data, Thursday's release indicated that U.S. consumer price index (CPI) inflation for July met expectations, mirroring the previous month's trajectory. This outcome has fueled speculation that the Federal Reserve will maintain its current interest rates in September. However, this development has concurrently prompted a reduction in expectations...
The USDJPY market sentiment is undergoing a captivating transformation, edging from neutral to bearish, with intriguing signs of bullish exhaustion surfacing. The Japanese currency is on the rise, gaining traction as Bank of Japan (BoJ) comments reveal plans to widen the benchmark 10-year Japanese Government Bonds (JGB) from 0.5% to 1.0%. This move has propelled...
The BOJ's decision to adopt a more flexible bond yield approach indicates a potential shift away from its ultra-dovish stance. Under this approach, bond yields will be allowed to fluctuate beyond the previous target range. The economic landscape was further impacted by surprising data on Friday, indicating that inflation in Japan's capital exceeded expectations...
USDJPY, i am expecting an up move because it has to meet its daily POI, but it has also Choch to down side there are two point for down move as explained in chart
The Japanese economic docket reveals that consumer price index (CPI) inflation remained stubbornly high through June, despite government measures to curb prices. This has raised the possibility of the Bank of Japan (BOJ) tightening monetary policy. However, BOJ policymakers are cautious and prefer to analyze more data to ensure sustained growth in wages and...
The USDJPY pair is below the 1D MA50 (blue trend-line) and almost hit the 1D MA200 (orange trend-line) on Friday, nearly making a Higher Low at the bottom of the 4-month Channel Up. As long as the 1D MA200 holds, we will take a low risk/ high reward buy towards Resistance and target 144.500. If the price closes below the 1D MA200, it would be a Channel Down...
The Japanese authorities are facing mounting pressure as the yen continues to weaken due to market expectations of ultra-low interest rates maintained by the Bank of Japan. The yen gained traction in the second half of the previous week. Speculation of government intervention to counter the currency's weakness added further support. Although direct intervention...
The USDJPY has experienced a depreciation of over 9% against the yen in the current year. Last Friday, the Japanese currency hit a low of 145.07 per dollar in early Asia trade, the lowest it had been in over seven months. However, it stabilized at 144.30 later on Friday following statements from Finance Minister Shunichi Suzuki. Suzuki emphasized that Japan would...
In this video, we delve into a comprehensive technical analysis of USDJPY, focusing on its bullish and bearish sentiments through price action analysis. Join us as we uncover potential trading opportunities for the upcoming week by identifying key support and resistance levels within the 4-hour timeframe. On Friday, the Japanese Yen experienced a decline after a...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Here is my analysis for USDJPY on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
🔘Broke the structure on the 4H timeframe 🔘Broke the structure on the 1H timeframe (confirmation) If we break the red level on the 1H timeframe, we we'll go a little higher before drop, but if we break the red level on the 4H timeframe, the analysis becomes invalid🙅♂️ Good luck 🙌💪
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USD-JPY broke out of the Bullish wedge pattern While trading in an Uptrend so I think That we will see Further growth!
In this video, we delve into a comprehensive technical analysis of USDJPY. We examine the impact of recent fundamental factors, including a surge in US unemployment claims, which led to a sell-off in the US Dollar. The upcoming week is set to witness crucial economic events that will strongly influence the price movements of this currency pair. With indications...
The UJ pair has attracted some bearish buying near the 138.75 region, which is a new weekly low touched during today's Asian session. As a result, the pair has partially recovered from the previous day's heavy losses and is currently trading around the 139.30 region, up nearly 0.30% on the day. Furthermore, a slight rise in US Treasury yields supported the US...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
The strong rise of the US dollar, USDJPY also rose, it should be noted that the current upper resistance is 140.500-140.950, it is expected to reach this area, USDJPY will have a fall, can start short in this area USDJPY Trading Plan: sell@140.500-140.950 tp: 139.00-138.400 The Shark Trading team provides a lot of trading strategies every day and provides a...