JPYUSD trade ideas
Analysis of USD/JPY Chart**Analysis of USD/JPY Chart**
**Chart Pattern & Market Structure**
- The chart identifies a **triangle chart pattern**, which often signals a potential breakout.
- Price has been consolidating within this structure and recently **broke above the pattern**, indicating possible bullish momentum.
**Key Technical Levels**
- **Resistance Zone (~149.8 - 150.0):** Price is testing this area, which previously acted as a supply zone. A breakout above could open doors for higher levels.
- **Support Zone (~148.5 - 149.0):** If price retraces, this area could act as a strong demand zone.
- **EMA50 (~149.2):** Currently acting as a dynamic support, maintaining the bullish structure.
**Potential Price Movement**
- The chart suggests a possible pullback toward **support** before continuing higher toward the next resistance zone (~151.5 - 152.0).
- If price breaks below the **support zone**, the uptrend could weaken, leading to a bearish scenario.
**Trading Considerations**
- A **successful breakout above resistance** (~150) could push price towards **152.0**.
- A **rejection at resistance** might bring price back to **support (~148.5 - 149.0)** before another bullish attempt.
- Traders should watch for **confirmation signals** (candlestick patterns, volume spikes) before entering trades.
USDJPY Ready for LongLooks USD JPY is ready for long and in 30 min it has formed falling wedge pattern which is trading at narrow end point and soon break out is accepted.
USDJPY likely go down Bearish WedgeUSDJPY is trending in channel pattern and has reached its higher low and it is expected to reverse trend from here to major support area.
USD/JPY: Bear Wedge and Pin Candle Flash Warning SignsThe ducks may be lining up for a resumption of the USD/JPY downtrend.
Firstly, it remains in a defined falling channel. Secondly, Tuesday’s reversal delivered a bearish pin candle, often seen around market tops. Thirdly, the rebound from last week’s lows resembles a bear wedge pattern, warning of a potential downside break and resumption of the bear trend.
Momentum indicators aren’t fully on board, with RSI (14) and MACD trending higher, so the case for initiating shorts is not yet a slam dunk. But it should be on the watchlist.
A break of the bear wedge would put a retest of 148.65 on the radar, with a move beyond that level opening the door for a possible flush towards 147.10, where buyers were lurking last week. If the price were to keep pushing higher and break channel resistance, the bearish bias would be invalidated.
As covered in the attached analysis, when it comes to risks around rates guidance from the Fed and BOJ later today, this scribe sees those for the former skewed towards a slightly more dovish outcome than market pricing, and a more hawkish tone from the BOJ.
Good luck!
DS
USDJPY 15M SELL IN PLAY Overall we are BEARISH in UJ, and this 15m just confirm we are continue to as low as 140.79
I have 2 TARGET
TP1 143.66
TP2 140.79
Wish me LUCK
USD/JPY Direction 151 After the BoJ📊 Market Context
As of March 18, 2025, the USD/JPY exchange rate stands around 149.38, reaching its highest level since March 5. This movement is driven by expectations regarding upcoming monetary policy decisions from both the Bank of Japan (BoJ) and the U.S. Federal Reserve.
🔍 Technical Analysis
The technical analysis of USD/JPY highlights the following key points:
Current Trend: USD/JPY shows a moderate recovery, with a 0.49% increase on March 17.
Key Resistance: The area between 150.00 and 151.00 represents a significant resistance level. A decisive breakout above this zone could pave the way for further gains.
Important Supports: Support levels are found at 148.00 and 146.50. A drop below these levels could indicate a deeper correction.
Technical Indicators: Moving averages and key oscillators suggest a short-term bullish trend.
🌍 Fundamental Analysis
Several fundamental factors are influencing the USD/JPY exchange rate:
BoJ Decision: The Bank of Japan recently raised its key interest rate from 0.25% to 0.5%, citing higher wages and rising inflation. However, for today's meeting, the BoJ is expected to keep rates unchanged while assessing the impact of global trade tensions on the Japanese economy.
U.S. Monetary Policy: The Federal Reserve is expected to keep interest rates stable in the upcoming meeting, with the Fed Funds rate projected to remain between 4.25% and 4.5%.
Trade Tensions: U.S. trade policies under the Trump administration are creating economic uncertainties, influencing central bank decisions and currency markets.
🎯 Conclusion
USD/JPY is currently in a consolidation phase near recent highs. If the BoJ maintains an accommodative monetary policy and the Fed keeps rates stable, the dollar could continue strengthening against the yen, targeting the key resistance level of 151.00. However, uncertainties related to trade tensions and future central bank actions require close monitoring by investors.
Bearish drop?USD/JPY is reacting off the resistance level which is a pullback resistance that aligns with the 127.2% Fibonacci extension and the 61.8% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 149.44
Why we like it:
There is a pullback resistance level that aligns with the 127.2% Fibonacci extension and the 61.8 Fibonacci retracement.
Stop loss: 150.97
Why we like it:
There is an overlap resistance level that is slightly above the 50% Fibonacci retracement.
Take profit: 147.54
Why we like it:
There is a pullback support level.
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USDJPY S&R IN 1-H AT MUST WATCH OUTHello Guys Here Is Chart Of USDJPY in 1-H AT
Entry Level: BUY Around 148,300 - 148,000
Target Will Be : 149,300
Support: 148,000 The yellow circles highlight previous points where the price respected this trendline as support
However, if the price breaks below the trendline, the bullish scenario may be invalidated.
4HOUR USDJPY WILL GO UP WE WILL GOING LONG
1. Support & Resistance Zones:
Resistance Zone: Marked at the top, indicating a key level where price has previously reversed.
Support Zone: Marked at the bottom, showing a level where price has bounced before.
2. Market Structure:
The chart displays a downtrend channel (highlighted in blue/red) that led to a support zone.
Price seems to have broken out of the downtrend and is now forming a potential uptrend.
3. Trade Setup:
Entry Level: Marked above the support zone, indicating a buy opportunity.
Target Level: Marked higher, showing an expected bullish move.
Stop Loss: Placed below recent lows to manage risk.
4. Technical Analysis:
A bullish breakout from the downtrend channel suggests a reversal.
If price retests and holds the entry level, it could move toward the target zone.
Higher lows (HLs) are forming, indicating a shift to an uptrend.
WE AR GOING LONG MARKETT WILL GO SOON .
ITS NOT FINANCIAL ADVISE
Sentiment Extreme on the Yen Could Bode Well for Commodity FXI take a closer look at the Japanese yen futures market to highlight why I think the Japanese yen has reached an important inflection point. And that could further support the bounce of yen pairs such as AUD/JPY, CAD/JPY and NZD/JPY - alongside USD/JPY should the Fed not be as dovish as many hope.
Matt Simpson, Market Analyst at City index and Forex.com
BOJ vs Fed: diverging rate paths could weigh on USDJPYThe Bank of Japan is expected to keep rates unchanged tomorrow, but the most likely course of action will be rate increases, potentially reaching 1% by the end of the year from the current 0.5%. The Federal Reserve is also expected to hold rates tomorrow. However, with the US economy showing signs of softness, trade tariffs weighing on consumers, and sentiment at very low levels, the Fed is likely to keep rates steady. If the market gets its way, there could be up to three Fed rate cuts before the end of the year.
The combination of strong inflation and high wage growth in Japan versus moderating US economic growth suggests that the dollar-yen pair could continue to trade lower. The short-term trend remains bearish below the swing high of 151.29 from March 3, when rates reached 0.5%.
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USDJPY Price ActionHello Traders,
I've marked a Liquidity Area and another Supply Zone on the chart. Here's what might happen next: after sweeping the liquidity, the price could touch the Supply Zone and then drop. Before acting on this, make sure you switch to either the 5-minute or 15-minute timeframe and clearly mark a Demand Zone there.
Wait patiently for the breakout. When the price breaks through that Demand Zone on the lower timeframe, set a pending order. Place your stop-loss at the recent swing high, and set your take profit at the next targeted Liquidity Level.
Many traders often wait for Fair Value Gaps (FVG), but this causes them to miss opportunities. Especially if you're struggling to pass trading challenges, give this method a try. Managing your risk carefully is the key to success.
Good luck and happy trading!
Thank you!
USDJPY Massive Short! SELL!
My dear subscribers,
My technical analysis for USDJPY is below:
The price is coiling around a solid key level - 150.60
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 149.93
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
USDJPY MARCH 18 WEEKLY & DAILY BIAS
WEEKLY
After touching a weekly fvg price started to correct possibly targeting the nearest weekly buyside liquidity to continue going down. Order flow for me is bearish untill it starts forming higher low and higher highs. For now all I see is a correction on the weekly
DAILY
Daily Bias: BULLISH
I think this week will continue to be bullish until the weekly buyside is achieved or there is also a daily order block above that could be targeted and decide from there if it will continue the bearish tone one weekly
USDJPY Long SetupUSDJPY Looks Bullish, Previous Day Candle Has closed above Friday Candle and we still have a LTH not taken i think today we will be bullish we might have a correction drop down to 0.25 or 0.5 of the previous day and continue higher
Correction on USD/JPY is over. Bear is Back on Action!Hi All,
As you can see from my previous trade, I close my trade at the level around $150 because the price action showed correction was coming.
The price has been testing on this level $149 zone 3 times which shows this level is pretty strong level where bears keep pushing the price down. In addition, the price is still below 100 EMA as well which is showing again bears are in control. Lastly, in 4 hours time frame, has printed hang in man red candle.
I enter the trade at $148.50, TP $140, SL 148.50. Let's hope it play out well.
Good luck traders,
Redpanda trader
USD/JPY Bullish RecoveryWe are likely to see USD/JPY recover bullish this week considering signs of bullish strength, we are still in an overall downtrend from the weekly perspective and for this reason we will have to be very risk cautious, that being said, we're in for a good risk to reward.
USD/JPY (Short)Daily:
Price < 200EMA
Swing Period 10
Swing High: 158.880
Swing Low: 146.543
Volume Imbalance: 5 Candles
Daily Order Block: 155.223 / 153.916
H4:
Price < 200EMA
Swing Period: 7
Swing High: 152.315
Swing Low: 146.597
Volume Imbalance: 3 Candles
H4 Order Block: 152.762 / 151.242
H1:
Swing Period: 5
Swing High: 152.315
Swing Low: 146.597
Volume Imbalance: 3 Candles
H1 Order Block: 151.762 / 151.628
Model 1:
Entry Price: 151.692
Stop Loss: 152.447
TP1: 150.115 @ 1:2 / 50%
TP2: 149.363 @ 1:3 / 25%
SL: Breakeven
TP3: 146.552 @ 1:5 / 25%
Model 2:
Entry Price: 151.108 - 150.141
Entry Trigger: 9EMA X 21EMA
SL: Above recent swing high
TP1: 1:2
SL: Trailing 9EMA
USD/JPY Technical Analysis & Trade Outlook – March 16, 2025Current Price: 148.618
EMA (30): 148.545 (short-term trend)
EMA (200): 148.286 (long-term trend)
Resistance Zone: 149.233
Support Zone: 148.286
Analysis & Price Action:
The price is trending upwards, forming higher lows, indicating bullish momentum.
The price is above both the 30 EMA and 200 EMA, which suggests an ongoing uptrend.
A support level around 148.286 is holding, reinforcing a bullish bias.
Forecast & Trade Plan:
A potential breakout above the minor resistance could push USD/JPY towards the 149.233 target.
If price retraces, a bounce off 148.286 would present a buy opportunity.
If price breaks below 148.286, the bullish outlook weakens, and further downside may follow.
📌 Bias: Bullish towards 149.233
📌 Confirmation: Watch price action at support and resistance levels
📌 Risk Management: Consider stop-loss below 148.200 to protect downside.
Would you like further details on trade entry points?
USDJPY - Signs of Pull backUSDJPY has broken through the descending trendline after printing strong divergence on MACD. The break out is supported by decent volume bars indicating we might be in for pullback now.
USD/JPY 4H AnalysisUSDJPY Trade Idea: Bearish Flag Breakdown and Key Technical Levels
Trade Setup Overview
Pattern Identified: Bearish Flag breakdown (continuation pattern) after a prior downtrend.
Key Resistance: 100-period Moving Average (MA) acting as dynamic resistance.
Entry Trigger: Retest of the broken flag's lower boundary near 149.300.
Targets:
TP1: 148.30 (100 pips, aligns with the flag's measured move).
TP2: 146.60 (270 pips, targets a major swing low and psychological level).
Stop Loss: 150.00 (70 pips risk, above the flag's upper boundary and recent swing high).
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Critical Technical Factors
1. Bearish Flag Dynamics:
The flag's "pole" (prior decline) suggests a measured move target of ~148.30 (TP1).
A close below the flag confirms momentum; watch for follow-through selling.
2. Confluence with Moving Averages:
The 100-MA resistance reinforces bearish pressure. A rejection here adds confidence to the downtrend.
A break below the 200-MA (if applicable) would signal a deeper bearish shift.
3. Key Support Levels:
148.30: Near-term target (previous swing low).
146.60: Long-term support (2023 lows, 61.8% Fibonacci retracement of 2021-2023 rally).
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Risk Management
Risk-Reward Ratio:
TP1: 1:1.4 (70 pips risk vs. 100 pips reward).
TP2: 1:3.8 (70 pips risk vs. 270 pips reward).
Adjust Stops: Trail stops to breakeven if TP1 is hit to lock in gains.
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Fundamental Catalysts to Monitor
1. Fed Policy: Dovish signals (rate cuts) could accelerate USD weakness.
2. BOJ Intervention: Watch for verbal or direct action to defend JPY above 150.00.
3. Risk Sentiment: JPY strength may surge if equity markets sell off (safe-haven flows).
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Execution Plan
Sell Entry: 149.300 (wait for price to retest the broken flag boundary).
TP1: 148.30 (partial profit-taking).
TP2: 146.60 (requires sustained bearish momentum).
Stop Loss: 150.00 (avoids false breakdowns).
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Your trade plan is now structured and polished for sharing. Let me know if you need any tweaks!
