The USD/JPY pair is currently in a temporary uptrend within a broader consolidation, following a strong bearish move that started at the beginning of the year. The Y149.000 level will be a key zone for our trading decisions.
📌 Key Technical Outlook:
🔹 Price faced selling pressure around Y150.000, leading to a pullback.
🔹 As long as price holds above the ascending trendline & Y149.000, I’ll be looking for buying opportunities in the short term.
🔹 A breakdown and retest of Y149.000 and the trendline would confirm a resumption of the long-term bearish structure.
📌 Major Market Drivers:
🔹 Federal Reserve’s Policy Stance: Powell reiterated that rate cuts are not urgent, keeping the USD supported.
🔹 Trump’s Trade Tariffs: Expected to drive US inflation higher, adding strength to the Dollar.
🔹 Bank of Japan’s Hawkish Expectations: Japan’s largest trade union group (Rengo) secured a 5.4% pay rise, reinforcing expectations that the BoJ will tighten policy further this year.
🔹 Japan’s CPI Cooling Down: Lower inflation in Japan could weaken the Yen and offer USD/JPY support.
📅 Key Economic Events on Our Radar Next Week:
🗓 Tuesday: US S&P Global PMI – A key sentiment indicator for economic conditions.
🗓 Thursday: US GDP (Q4 Final) – A major market mover influencing the Fed’s policy direction.
🗓 Friday: Tokyo CPI & US Core PCE Index – The BoJ and Fed’s preferred inflation measures, critical for future rate decisions.
I’ll be watching how USD/JPY behaves around Y149.000 for confirmation of trend continuation or a bearish continuation. We’ll discuss this in-depth during Forex Morning Mastery tomorrow—stay tuned! 🔥📈 #USDJPY #Forex #MarketAnalysis
📌 Key Technical Outlook:
🔹 Price faced selling pressure around Y150.000, leading to a pullback.
🔹 As long as price holds above the ascending trendline & Y149.000, I’ll be looking for buying opportunities in the short term.
🔹 A breakdown and retest of Y149.000 and the trendline would confirm a resumption of the long-term bearish structure.
📌 Major Market Drivers:
🔹 Federal Reserve’s Policy Stance: Powell reiterated that rate cuts are not urgent, keeping the USD supported.
🔹 Trump’s Trade Tariffs: Expected to drive US inflation higher, adding strength to the Dollar.
🔹 Bank of Japan’s Hawkish Expectations: Japan’s largest trade union group (Rengo) secured a 5.4% pay rise, reinforcing expectations that the BoJ will tighten policy further this year.
🔹 Japan’s CPI Cooling Down: Lower inflation in Japan could weaken the Yen and offer USD/JPY support.
📅 Key Economic Events on Our Radar Next Week:
🗓 Tuesday: US S&P Global PMI – A key sentiment indicator for economic conditions.
🗓 Thursday: US GDP (Q4 Final) – A major market mover influencing the Fed’s policy direction.
🗓 Friday: Tokyo CPI & US Core PCE Index – The BoJ and Fed’s preferred inflation measures, critical for future rate decisions.
I’ll be watching how USD/JPY behaves around Y149.000 for confirmation of trend continuation or a bearish continuation. We’ll discuss this in-depth during Forex Morning Mastery tomorrow—stay tuned! 🔥📈 #USDJPY #Forex #MarketAnalysis
Zlecenie aktywne
#USDJPY🚨 USDJPY MARKET UPDATE 🚨
Though the week has started on a bullish note, I have identified a 🔷 rangebound structure 🔷 as buyers and sellers continue to negotiate within the 149.315 – 149.950 zone. 📉📈
📊 As illustrated in the chart below, we shall be waiting for trading opportunities at the breakout/retest of this structure. The ascending trendline remains a key supporting factor for the midterm uptrend continuation.
⚠️ Important Note: I am NOT selling unless we see a breakdown and retest for confirmation below the 149.315 support.
📅 Join me in our upcoming live stream as we analyze the current market dynamics and potential setups. See you there! 🔥📊
#Forex #USDJPY #MarketUpdate #TradingStrategy
Uwaga
#USDJPY🚨 USD/JPY MARKET UPDATE 🚨
📈 Buyers continue to show strength as the Japanese Yen weakens against a mildly stronger US Dollar, resulting in our buy position at 149.950 playing out successfully.
🔥 Bullish Bias Remains Valid as price action stays above our ascending trendline. We now look forward to a breakout/retest of 150.950 for additional buy positions.
💡 Key Considerations:
⚠️ Divergent BoJ-Fed expectations could cap USD/JPY gains amid subdued USD price action.
⚠️ Any meaningful JPY depreciation seems elusive due to the growing acceptance that the Bank of Japan (BoJ) will continue raising interest rates.
📊 What’s Next?
We now anticipate today’s US Durable Goods Orders release and speeches from FOMC members, which should provide fresh impetus for USD and the pair's movement.
📅 Join me in our upcoming live stream as we break down the current market dynamic and identify new trade setups. See you there! 🔥📊
#Forex #USDJPY #MarketUpdate #TradingStrategy
Uwaga
#USDJPY15 Min Timeframe
Update from the just concluded livestream
Uwaga
#USDJPY🚨 USD/JPY MARKET UPDATE 🚨
🔻 Strong consumer inflation data from Tokyo keeps the selling pressure intact, as the BoJ Summary of Opinions signals that a rate hike remains on the table if the economy and prices align with forecasts.
📉 JPY bulls, however, remain cautious, as concerns grow over potential auto tariffs from US President Donald Trump, which could impact Japan’s key exports.
📊 New Technical Structure Identified
We now have a new structure on the 15-minute timeframe to guide our trading decisions today [see chart below], with price action around the ascending trendline being crucial for fresh trading opportunities.
🔍 What’s Next?
All eyes are on today’s US Core PCE release, expected to provide fresh momentum for both USD and JPY.
📅 Join me in our upcoming live stream as we analyze the current market dynamic and identify potential trade setups. See you there! 🔥📊
#Forex #USDJPY #MarketUpdate #TradingStrategy
Trade smart. Trade consciously
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Trade smart. Trade consciously
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Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.