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USDJPY

EUR/USD Faces Key Resistance Amid Liquidity Grab ExpectationsEUR/USD is undergoing a pullback after reaching a one-month high of 1.0528, closing at 1.04658 on February 24, marking a 0.22% decline from the previous day. The euro's recent strength was driven by post-election stability in Germany, where centrist parties formed a coalition government, boosting market confidence. However, bullish momentum has stalled near key resistance levels around 1.0530 and 1.0560, with the pair struggling to sustain gains above the 100-day simple moving average. From a technical standpoint, the price is approaching a significant supply zone, where a liquidity grab could occur before a potential downside move. Resistance in this area aligns with broader concerns over Germany's economic outlook and coalition negotiations, which could weaken the euro’s appeal. Meanwhile, the U.S. dollar, despite recent weakness due to declining consumer confidence, remains in a favorable position for a short-term recovery, adding further pressure on EUR/USD. If the pair fails to break through resistance, a rejection could trigger a decline toward 1.0400, with further downside potential extending to 1.0283. Conversely, if buyers manage to push past the liquidity zone, the next upside targets lie at 1.0530 and 1.0560.
Short
by EdgeTradingJourney
1
USDJPY Downtrend USD/JPY is currently in a strong downtrend, indicating a bearish market sentiment. The pair continues to follow the descending trendline, respecting lower highs and lower lows, which confirms the ongoing downward momentum. Bearish Scenario: Trend Continuation First Key Support – 148.100 This level serves as a major support zone where price could find temporary consolidation or a minor pullback. If price breaks below 148.100 with strong bearish pressure, further downside is expected. Next Major Support – 142.000 A clean break and close below 148.100 could accelerate selling pressure. The next critical level to watch is 142.000, a strong historical support zone and a psychological level. If this level is reached, the bearish trend will likely extend further. Bullish Scenario: Trendline Breakout If USD/JPY breaks above the descending trendline, it may signal a potential trend reversal or retracement. The key resistance to watch for a breakout is 151.300, which acts as a strong support-turned-resistance level.
Short
by Pipsview_Analysis
1
USDJPY H1 I Bounce Off the Fibo?Based on the H1 chart analysis, the price is approaching our buy entry level at 149.76, a pullback support that aligns with the 38.2% Fibonacci retracement. Our take profit is set at 151.16, a pullback resistance that aligns with the 38.2% Fibo retracement and the 127.2% Fibo extension, forming a Fibonacci confluence that could act as a key resistance level. The stop loss is placed at 148.83, a swing low support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at fxcm.com/au Stratos Global LLC (fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
USDCHF Bullish Flag: Breakout Potential Toward 0.92USDCHF is currently trading at 0.899 and forming a bullish flag pattern, signaling a potential breakout toward the 0.92 target. The bullish flag is a strong continuation pattern that occurs after a sharp upward move, followed by a consolidation phase. If the price successfully breaks above the flag’s resistance, it could trigger a new bullish wave, driving USDCHF higher. Technically, the bullish flag suggests that buyers are accumulating positions before the next breakout. A confirmed breakout above the flag’s upper trendline, with increased volume, could validate the uptrend. Traders should watch key resistance zones and look for strong bullish candlestick formations to confirm the breakout momentum toward 0.92. On the fundamental side, the US dollar remains strong due to the Federal Reserve’s stance on interest rates. If economic data from the US continues to show resilience, the dollar could gain further strength against the Swiss franc. Additionally, the Swiss National Bank’s (SNB) monetary policy stance, which has remained relatively dovish, could contribute to CHF weakness, supporting the bullish outlook for USDCHF. In summary, USDCHF is currently consolidating within a bullish flag, preparing for a potential breakout toward 0.92. A strong move above resistance, combined with bullish fundamentals, could accelerate the upside momentum. Traders should keep an eye on US economic data and risk sentiment to confirm the trade setup.
Long
by AndrewsMarket-Mastery
USDJPY: remains below 150.00Furthermore, any significant retracement could find immediate support near the 149.50 level, which is followed closely by the 149.00 round number. A break below the latter might expose the USD/JPY pair to a retest of the 148.50 region, a level seen as the next strong support. Sustained weakness below this area could pave the way for a deeper corrective decline, with the next target around the 148.00 level. Traders will likely keep a close eye on these levels, as they could provide fresh directional impetus for the pair.
Long
by xauusd_rr
Fundamental Market Analysis for February 24, 2025 USDJPYThe Japanese yen (JPY) continued to strengthen against its U.S. counterpart last week and pushed the USD/JPY pair down to 149.000, its lowest level since early December, during Monday's Asian session. Japan's strong Consumer Price Index (CPI) released on Friday complemented last week's encouraging Q4 Gross Domestic Product (GDP) growth report. This, along with expectations that solid wage growth will drive consumer spending, suggests that the Bank of Japan (BoJ) may raise interest rates more aggressively than originally anticipated and continues to support the Japanese Yen. In addition, the emergence of new US Dollar (USD) selling is favorable for the JPY and has contributed to the USD/JPY pair declining for the fourth consecutive day, marking the seventh day of negative movement in the last eight. Meanwhile, Bank of Japan Governor Kazuo Ueda showed willingness to increase government bond purchases if long-term interest rates rise sharply. This in turn led to a further decline in Japanese government bond (JGB) yields from the multi-year peak reached last week, which triggered some intraday JPY selling and helped the currency pair bounce more than 50 pips from the daily low. Trading recommendation: SELL 149.200, SL 149.800, TP 148.300
Short
by Fresh-Forexcast2004
Could the price bounce from here?USD/JPY is falling towards the pivot and could bouncer to the pullback resistance. Pivot: 149.28 1st Support: 146.90 1st Resistance: 151.23 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
USDJPY M15 | Bullish BounceBased on the M15 chart analysis, the price is approaching our buy entry level at 149.09, a pullback support. Our take profit is set at 149.79, a pullback resistance that lines up with the 161.8% Fibo extension. The stop loss is placed at 148.74, below the 127.2% Fibonacci extension. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at fxcm.com/au Stratos Global LLC (fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
Price Action Analysis: Key Levels and Future ScenariosAfter analyzing multiple timeframes, we can see that the price managed to rise to 150.738 on Friday, 21st of February. However, after encountering resistance, it reversed and broke the support level at 149.568. Additionally, the price has been trading within a channel since Monday, 23rd of December 2024, consistently respecting the lower boundary of the channel four times in the past. The previous support at 149.568 has now turned into a resistance level. Given the price’s historical respect for the channel, we expect it to follow the same pattern. If the price breaks above the fresh resistance at 149.568, the next target will be 152.000. On the other hand, if the price fails to break this resistance, the next support level lies at 147.208. For the long run, ensure you follow proper risk management strategies. Happy trading!
by SpicyPips
USD/JPY: Bearish Momentum and Key Support TestThe USD/JPY analysis as of February 18, 2025, shows a clear bearish structure, with the price breaking below key support levels, particularly around 152.70, which aligns with the 200-day moving average. The February 17 close at 151.456 confirms the downward trend after the recent high of 154.79 on February 12, highlighting the weakness of the US dollar against the strengthening Japanese yen. The yen’s appreciation was driven by Japan’s unexpectedly strong GDP data, which showed an annualized growth of 2.8%, far exceeding expectations and fueling speculation of a potential rate hike by the Bank of Japan. In contrast, the US dollar has been under pressure due to weak retail sales data and a general lack of bullish catalysts. The chart setup highlights a key demand zone between 150.50 and 151.00, where the price is showing an initial reaction, suggesting a possible technical rebound. However, the overall structure remains weak, and unless the price can stabilize above 152.50-153.00, the risk of further downside remains high. The next significant resistance lies between 154.50 and 156.00, an area with concentrated sell orders and a potential reversal point in case of recovery. Conversely, a break below 150.50 would open the way toward 148.00 and even lower levels, with a critical support zone around 146.00. The short-term trading range could remain between 151.00 and 155.00, with strong dependence on upcoming macroeconomic developments, particularly statements from the Bank of Japan and economic updates from the United States.
Long
by EdgeTradingJourney
1
USDJPY. The price is at a key level – shorts might be relevant!Hey traders and investors! An interesting situation in the currency pair. The price has returned below the upper boundary of the range at 149.4. Is all the traded volume above this level fueling further price decline? There is a lot of volume up there... We are watching how the price interacts with 148.644. A breakout of this level by sellers and its defense would be a strong signal to look for selling opportunities. Potential target: 142-139. I wish you profitable trades!
by AlexeyWolf
USD/JPY – Retesting key resistance before declineThe market is undergoing a correction after breaking its bullish structure. The weakening US Dollar (USD) has created favorable conditions for other assets, including the Japanese Yen (JPY). USD/JPY is currently retesting the previously broken trendline following a strong downward impulse. On Thursday, the Yen reached its highest level in 10 weeks, pushing USD/JPY down to 149.5. Escalating trade tensions driven by Donald Trump’s aggressive tariff policies have led investors to seek safe-haven assets. Additionally, expectations of a Bank of Japan (BoJ) rate hike have further strengthened JPY’s position in the market. In the short term, USD/JPY may continue a corrective rebound, testing the 0.618 - 0.5 Fibonacci retracement zone before resuming its downward movement.
Short
by Bentradegold