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USDJPY Power Dashboard

USDJPY Power Dashboard — Description
USDJPY Power Dashboard is an analytical dashboard designed to visualize
the underlying forces driving USD/JPY (US Dollar / Japanese Yen) by combining currency strength and market risk factors.
Instead of showing price direction alone, this indicator separates “cause” and “result”:
Why USD/JPY is being pushed up or down (pressure / structure)
What USD/JPY is actually doing (trend)
This makes it especially useful for identifying trend continuation, range conditions, and potential turning points.
Instruments Used
The dashboard evaluates USD/JPY using six key instruments:
USDJPY – the price itself (result)
EURUSD – relative USD strength vs EUR
DXY (US Dollar Index) – overall USD strength
JPY Index – overall JPY strength
Dow Jones Industrial Average – risk sentiment proxy (JPY factor)
Nikkei 225 – risk sentiment proxy (JPY factor)
These are grouped into:
USD-related factors
JPY-related factors
Risk-on / Risk-off factors (equities)
Direction Logic
For each instrument:
A simple moving average (SMA) slope is calculated.
The direction is classified as:
Up (+1)
Down (−1)
Neutral (0)
The direction is then converted into its contribution to USD/JPY:
+1 = upward pressure on USD/JPY
−1 = downward pressure on USD/JPY
0 = neutral
The moving average is used only for direction detection, not for chart display.
Table Overview (Bottom Right)
1. Individual Power per Instrument
Each instrument is listed with its current contribution to USD/JPY:
Up Power
Down Power
Neutral
Numeric score (+1 / −1 / 0)
This allows you to instantly see which components are pushing or pulling USD/JPY.
2. Summary 1 — Cause / Pressure (Hybrid Model)
Summary 1 describes the market structure behind USD/JPY by evaluating USD and JPY forces independently.
It explicitly shows real-world FX combinations such as:
USD Buy + JPY Sell (Classic Trend)
USD Sell + JPY Buy (Classic Reversal)
USD Buy + JPY Buy (Weak Direction / Tug of War)
USD Sell + JPY Sell (Risk-On Distortion)
On top of that, it adds a practical pressure label:
USDJPY Upward Pressure / Downward Pressure
USD-led / JPY-led / Mixed
This provides a concise explanation of what is driving the market right now.
3. Summary 2 — Result (Trend)
Summary 2 shows the actual USD/JPY trend based on USDJPY’s own direction:
UP
DOWN
FLAT
By comparing Summary 1 (cause) and Summary 2 (result), you can quickly identify:
Trend confirmation
Range conditions
Early signs of trend exhaustion or reversal
How to Use This Indicator
To understand why USD/JPY is moving, not just how
To distinguish trend continuation vs. structural divergence
As a bridge between technical analysis and macro / intermarket context
⚠️ When Summary 1 and Summary 2 diverge, the market is often ranging or approaching a turning point.
Notes
This is not a prediction tool, but a market structure and pressure analysis tool
Equity indices (Dow / Nikkei) are indirect factors and should be interpreted as context
Sudden news-driven spikes may not be immediately reflected
USDJPY Power Dashboard is an analytical dashboard designed to visualize
the underlying forces driving USD/JPY (US Dollar / Japanese Yen) by combining currency strength and market risk factors.
Instead of showing price direction alone, this indicator separates “cause” and “result”:
Why USD/JPY is being pushed up or down (pressure / structure)
What USD/JPY is actually doing (trend)
This makes it especially useful for identifying trend continuation, range conditions, and potential turning points.
Instruments Used
The dashboard evaluates USD/JPY using six key instruments:
USDJPY – the price itself (result)
EURUSD – relative USD strength vs EUR
DXY (US Dollar Index) – overall USD strength
JPY Index – overall JPY strength
Dow Jones Industrial Average – risk sentiment proxy (JPY factor)
Nikkei 225 – risk sentiment proxy (JPY factor)
These are grouped into:
USD-related factors
JPY-related factors
Risk-on / Risk-off factors (equities)
Direction Logic
For each instrument:
A simple moving average (SMA) slope is calculated.
The direction is classified as:
Up (+1)
Down (−1)
Neutral (0)
The direction is then converted into its contribution to USD/JPY:
+1 = upward pressure on USD/JPY
−1 = downward pressure on USD/JPY
0 = neutral
The moving average is used only for direction detection, not for chart display.
Table Overview (Bottom Right)
1. Individual Power per Instrument
Each instrument is listed with its current contribution to USD/JPY:
Up Power
Down Power
Neutral
Numeric score (+1 / −1 / 0)
This allows you to instantly see which components are pushing or pulling USD/JPY.
2. Summary 1 — Cause / Pressure (Hybrid Model)
Summary 1 describes the market structure behind USD/JPY by evaluating USD and JPY forces independently.
It explicitly shows real-world FX combinations such as:
USD Buy + JPY Sell (Classic Trend)
USD Sell + JPY Buy (Classic Reversal)
USD Buy + JPY Buy (Weak Direction / Tug of War)
USD Sell + JPY Sell (Risk-On Distortion)
On top of that, it adds a practical pressure label:
USDJPY Upward Pressure / Downward Pressure
USD-led / JPY-led / Mixed
This provides a concise explanation of what is driving the market right now.
3. Summary 2 — Result (Trend)
Summary 2 shows the actual USD/JPY trend based on USDJPY’s own direction:
UP
DOWN
FLAT
By comparing Summary 1 (cause) and Summary 2 (result), you can quickly identify:
Trend confirmation
Range conditions
Early signs of trend exhaustion or reversal
How to Use This Indicator
To understand why USD/JPY is moving, not just how
To distinguish trend continuation vs. structural divergence
As a bridge between technical analysis and macro / intermarket context
⚠️ When Summary 1 and Summary 2 diverge, the market is often ranging or approaching a turning point.
Notes
This is not a prediction tool, but a market structure and pressure analysis tool
Equity indices (Dow / Nikkei) are indirect factors and should be interpreted as context
Sudden news-driven spikes may not be immediately reflected
סקריפט מוגן
סקריפט זה פורסם כמקור סגור. עם זאת, תוכל להשתמש בו בחופשיות וללא כל מגבלות – למד עוד כאן
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
סקריפט מוגן
סקריפט זה פורסם כמקור סגור. עם זאת, תוכל להשתמש בו בחופשיות וללא כל מגבלות – למד עוד כאן
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.