USDJPY Is Nearing An Important Resistance Under a Strong JPYHey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 144.100 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 144.100 resistance area.
Trade safe, Joe.
Usd-jpy-sell
USD/JPY(20250414)Today's AnalysisMarket news:
Fed Collins: It is currently expected that the Fed will need to keep interest rates unchanged for a longer period of time. If necessary, the Fed is "absolutely" ready to help stabilize the market; Kashkari: No serious chaos has been seen yet, and the Fed should intervene cautiously only in truly urgent situations; Musallem: The Fed should be wary of continued inflation driven by tariffs.
Technical analysis:
Today's buying and selling boundaries:
143.41
Support and resistance levels:
146.00
145.03
144.40
142.41
141.79
140.82
Trading strategy:
If the price breaks through 144.40, consider buying, the first target price is 145.03
If the price breaks through 143.41, consider selling, the first target price is 142.41
USD/JPY(20250411)Today's AnalysisMarket news:
The annual rate of the US CPI in March was 2.4%, a six-month low, lower than the market expectation of 2.6%. The market almost fully priced in the Fed's interest rate cut in June. Trump said inflation has fallen.
Technical analysis:
Today's long-short boundary:
145.38
Support and resistance levels:
149.05
147.68
146.79
143.97
143.08
141.71
Trading strategy:
If the price breaks through 145.38, consider buying, the first target price is 146.79
If the price breaks through 143.97, consider selling, the first target price is 143.08
USD/JPY(20250410)Today's AnalysisToday's buying and selling boundaries:
146.66
Support and resistance levels:
150.90
149.32
148.29
145.03
144.01
142.42
Trading strategy:
If the price breaks through 148.29, consider buying, the first target price is 149.32
If the price breaks through 146.66, consider selling, the first target price is 145.03
USD/JPY(20250404)Today's AnalysisToday's long and short boundaries:
146.84
Support and resistance levels
150.91
149.39
148.40
145.27
144.28
142.76
Trading strategy:
If the price breaks through 146.84, consider buying, the first target price is 148.40
If the price breaks through 145.27, consider selling, the first target price is 144.28
USD/JPY(20250324)Today's AnalysisToday's buying and selling boundaries:
149.18
Support and resistance levels:
150.25
149.85
148.59
148.77
148.51
148.11
Trading strategy:
If the price breaks through 148.59, consider buying, the first target price is 149.85
If the price breaks through 149.18, consider selling, the first target price is 148.77
USDJPY Potential DownsidesHey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 149.500 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 149.500 support and resistance area.
Trade safe, Joe.
USDJPY Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 149.300 zone, USDJPY was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 149.300 support and resistance area.
Trade safe, Joe.
USDJPY Potential DownsidesHey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 147.500 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 147.500 support and resistance area.
Trade safe, Joe.
USDJPY Potential DownsidesHey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 149.800 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 149.800 support and resistance area.
Trade safe, Joe.
USDJPY Potential DownsidesHey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 149.600 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 149.600 support and resistance area.
Trade safe, Joe.
USDJPY Potential DownsidesHey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 149.900 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 149.900 support and resistance area.
Trade safe, Joe.
USDJPY Potential DownsidesHey Traders, in today's trading session we are monitoring USDJPY fora selling opportunity around 151.800 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 151.800 support and resistance area.
Trade safe, Joe.
USDJPY Potential DownsidesHey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 154.300 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 154.300 support and resistance area.
Trade safe, Joe.
USD/JPY - Short Entry based on Price action MACD and RSI DivThis is going to be my first published trade of 2025. I am going to start with $100 Dollar Account and see how I can grow it with Low Leverage on OANDA. I know this is something people talk a lot about and this can be a very cringe topic. However I am not looking to grow the $100 Dollars over night to $1,000,000.00. I am like the indicators I am using looking to do this over a longer horizon of time.
I am going to start by using Price action plus these 3 Indicators on a regular basis. I Will also be trying to Identify and use Key areas of Support and Resistance. I am still trying to better understand volume profiles so if anyone has any inputs or can help guide me in that direction I am open to discussions.
Thanks for reading.
USDJPY Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 144.800 zone, USDJPY was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 144.800 support and resistance area.
Trade safe, Joe.
USDJPY Potential DownsidesHey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 144.500 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 144.500 support and resistance area.
Trade safe, Joe.
USDJPY Is Approaching A Decent ResistanceHey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 151.500 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 151.500 support and resistance area.
Trade safe, Joe.
USDJPY: Soft Inflation And Potential DownsidesHey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 157.900 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 157.900 support and resistance area.
Trade safe, Joe.
USDJPY Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 157.500 zone, USDJPY was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 157.500 support and resistance area.
Trade safe, Joe.
USDJPY Potential Downturn: Key Levels and FOMC Insights todayHey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 155.900 zone, USDJPY is trading in an uptrend and currently seems to be attempting to break it out. If we get decent dips below the support area we will be looking for a potential retrace of the trend towards more lows.
Fundamentally the last CPI data came below expectations, indicating that inflationary pressures might be easing. This could reduce the need for aggressive interest rate hikes by the Federal Reserve, potentially leading to USD weakness. Additionally, we have the FOMC meeting later today, where any dovish signals or a cautious approach towards future rate hikes could further weaken the USD, making the bearish scenario for USDJPY more likely. Therefore, it's crucial to monitor the price action around the 155.900 zone and be prepared for potential volatility following the FOMC announcements.