USDJPY H2 Best Level to SHORT/HOLD TP +100/+200 pips

877
🏆USDJPY H2 Market Update H2 chart

📊 Technical Outlook
🔸trading in well defined range
🔸trading near range highs now
🔸range highs set 148.40/148.80
🔸range lows set at 140.80/141.40
🔸strategy: SHORT SELL from resistance
🔸SL 60 pips TP1 +100 pips TP2 +200 pips
🔸swing trade setup for patient traders

🌍 FX Market Snapshot — June 2025
🇪🇺 EUR/USD (~1.1500)
Euro climbs near 1.15 as eurozone inflation cools and ECB turns more dovish.
Stable German sentiment provides support, but softer CPI could limit gains.
🔑 Support: 1.1445 | Resistance: 1.1550

🇬🇧 GBP/USD (~1.3435)
Pound slips toward 1.34 after recent highs, as UK data remains mixed.
Manufacturing picks up, but falling inflation boosts BoE rate cut bets.
🔑 Support: 1.3400–1.3420 | Resistance: 1.3500

🇺🇸 DXY (US Dollar Index, ~99.14)
Dollar edges higher as investors seek safety amid geopolitical tensions.
Mixed US economic signals; eyes on upcoming job data.
🔑 Support: 98.80 | Resistance: 100.00

🇯🇵 USD/JPY (~147.4)
Dollar rallies above 147 as yen weakens; BOJ stays ultra-loose.
Oil price spikes add extra pressure on JPY.
🔑 Support: 145.0 | Resistance: 148.5

📊 Quick View
Pair Rate Support Resistance Key Theme
🇪🇺 EUR/USD ~1.1500 1.1445 1.1550 Dovish ECB, soft CPI
🇬🇧 GBP/USD ~1.3435 1.3400–1.3420 1.3500 Mixed UK data
🇯🇵 USD/JPY ~147.4 145.0 148.5 Yen weakness
🇺🇸 DXY ~99.14 98.80 100.00 Geopolitical risks
Note
AI Algo Systems vs. Manual Trading: Which Delivers Real Results?
AI Algo Systems vs. Manual Trading: Which Delivers Real Results?

Note
Automate Gold Trading with Machine Learning and LLMS: FULL Guide
Automate Gold Trading with Machine Learning and LLMS: FULL Guide

Note
GOLD H4 Accumulation Fractal Target is 4 000 USD
GOLD H4 Accumulation Fractal Target is 4 000 USD

Note
Gold Bull Markets: Long-Term Overview & Current Market Update
Gold Bull Markets: Long-Term Overview & Current Market Update

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.