In Tokyo next end of June for a few weeks, anyone got recommendations for places to go and things to see? Betting COVID gone and JPY weaker.
Lots of talk about the #Dollar & #Yen as of the last day. US #Dolalr ( TVC:DXY ) has done well for some time. VS We've spoken on Japan a few times over the last year, has been the opposite. Daily shows that this trade is exhausting SHORT TERM! Look at that volume! Likely Japanese govt is intervening!
Quick update on UJ, took 90% of my positions on UJ at exactly 160.00 as that was my TP. Currently looking to add another position as I like the 4hr body closures and rejection wicks to the downside, that to me indicates that it wants to take 160.44 level which is full tp level, or may even blow past that to 163. This week is packed full of news, so i might just...
Hello hello Looks like dollar is about to breakout and we can see the ascending triangle and also long term trend line above. Once it breaks 152 and stays above, it confirms the move towards 160. Happy investing
The 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 few weeks back I posted a swing idea of USD/JPY being a bullish for a while. Price reached my target of 1000 pips and appears to be pulling back temporarily. Another opportunity might be around the corner for more longs. Stay tuned
This is my bullish trend idea. However, wait for clear trend continue moment and wait for trend continue after can entry. This is my opinion, not for any signal service. Good luck.
This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
The Japanese yen FX:USDJPY witnessed a substantial surge against the dollar on Monday, escalating by as much as 5 yen, attributed to a substantial intervention by Japanese banks. This marked the first such intervention in 18 months, initiated after the yen plummeted to its lowest in 34 years earlier that day. This significant shift sets the stage for what may...
The USD/JPY pair witnessed a dramatic intraday turnaround and tumbled over 570 pips from levels beyond the 160.00 mark, or the highest since October 1986 touched earlier this Monday. Although an official announcement has been made so far, the possibility of an intervention by Japanese authorities to support the domestic currency was cited as a key factor behind...
USDJPY The USDJPY is trading positively and continues to rise above 156.200. If it can stabilize above, it will reach 156.834. Trading above 156.834 will uptrend until 157.650, and also above this to 158.315. reversing and stability below 156.834, will reach 156.200. Tendency: Long 156.200 Target station: (156.834, 157.650, 158.315).
USD/JPY is on track for its third bullish week, and it will most likely make it. It could also be the second weekly advance since USD/JPY cut through 152 resistance with practically no resistance, following the stronger-than-expected US CPI report Japan’s officials were curiously quiet following the break above 152, but they are making noises again as it...
Hello, TradingView community and my subscribers, please if you like ideas do not forget to support them with your likes and comments, thank you so much and we will start a LONG outlook on #USDJPY explained. Price action analysis & key level
The big news overnight has been the sharp move in the Japanese yen. At the end of last week, following the Bank of Japan’s (BoJ) monetary policy meeting, Governor Kazuo Ueda stated that he was quite relaxed about the fall in the yen, as long as it didn’t have a serious impact on the domestic economy or inflation. This came after the USDJPY pushed and held above a...
Hong Kong Singapore open pushed up creating a Fake out then Slammed it down 400 pips omg ! Alot of people made or got caught out again on that one You need a hovering Buy Stop Sell Stop EA in this environment Notice Pin Bars usually indicate propulsion to the down or up side. Things haven't changed fundamentally so USD economy is way stronger JPY...
The overall trend is bullish and now we're having a retracement for price to keep moving higher.
USDJPY is forming a move of the potential from resistance to support relative to 150.884. Which indicates the presence of a strong bull market. Earlier, the market formed a false breakdown in the moment of harsh statements of Japanese regulators. But, traders are still selling JPY on the background of strong dollar. Scenario: breakout of the resistance area...
USDJPY had a good bull however, it is time to give back to market