USDJPY POTENTIAL SELL OPPORTUNITY!Price currently retraced to a pullback resistance providing us with a potential sell opportunity. We anticipate a drop in price from the current price.
Fundamentally JPY being the regional safe haven currency has performed over 5.8% increase against dollar this year. The current trade war between US & China might make it possible for JPY to perform more efficiently against USD. and also, the BoJ interested rate remain unchanged.
JPYUSD trade ideas
Technicals USDJPY Key Level (Horizontal Resistance)
A horizontal resistance zone around 143.90 has been tested multiple times.
Price is currently retesting this zone, marked as an "Entry Zone", suggesting a potential breakout or rejection.
2. Price Structure
Prior downtrend bottomed near 140.00, then formed higher lows, showing a potential trend reversal.
Current price is approaching the resistance with strong bullish candles, indicating possible momentum buildup.
3. Volume
Volume spikes align with swing highs and lows, suggesting these moves were backed by stronger participation.
4. Scenarios Outlined
Bullish Path (Black Arrow): Breakout above the entry zone could lead to targets near 147.00–150.00, continuing a bullish reversal.
Bearish Path (Red Wave): Rejection at the resistance may cause a drop toward 140.00, forming a ranging or distribution pattern.
The Fed (USD) maintains relatively high interest rates, while the BoJ (JPY) continues a dovish stance, creating upward pressure on USD/JPY.
USDJPY Bearish Forecast, More Bearish Order FlowAfter the recent change of character from Monday, UJ continued lower and broke the H1 structure. As we all know, whenever you get a break of structure, expect a pullback. On the H4 there is a nice bearish OB which serves as a nice point of interest for price to rally back towards, be mindful this OB is big so we don't know what to expect once price reaches it.
For now this is how I see the dollar heading towards.
USD/JPY Massive Support into BoJThe 140.00 level in USD/JPY has so far held the lows in 2025 after that price did the same in 2024. There was just one day of testing below that price last year and it was around the weekly open of the first FOMC rate cut for the last cycle. Sellers couldn't find much momentum below and a couple days later, when the Fed did actually cut, price put in a higher-low and then eventually reversed in Q4.
But at this stage it looks more and more like we'll see eventual tightening of rates between the U.S. and Japan as inflation in Japan remains elevated and growth in the US somewhat weak.
Timing remains the issue and USD/JPY has brewed several bear traps already this year. It seems unlikely that the BoJ will be too aggressive towards rate moves with the uncertainty of tariffs looming overhead, but tonight's rate decision is a quarterly meeting meaning the Bank will issue updated outlooks, and when they last did this on January 27th it allowed for a lower-low in USD/JPY that continued to spiral lower until the 140.00 bounce that showed last week.
For resistance, 145.00 is a major level as this was prior support that hasn't yet been tested as resistance. - js
Could the price bounce from here?USD/JPY is falling towards the support level which is a pullback support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 142.39
Why we like it:
There is a pullback support level that line sup with the 61.8% Fibonacci retracement.
Stop loss: 141.95
Why we like it:
There is a pullback support level.
Take profit: 143.13
Why we like it:
There is a pullback resistance level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
USD/JPY(20250430)Today's AnalysisMarket news:
The European Central Bank expects prices to rise 2.9% over the next 12 months, up from 2.6% in February, according to a monthly survey released on Tuesday. This is the highest level since April 2024. The three-year indicator rose slightly to 2.5%. The ECB's first five-year forecast was 2.1%.
Technical analysis:
Today's long-short boundary:
142.32
Support and resistance levels:
143.13
142.83
142.63
142.01
141.81
141.51
Trading strategy:
If the price breaks through 142.32, consider buying, the first target price is 143.00
If the price breaks through 142.01, consider selling, the first target price is 141.81
USDJPY 4h Long Setup | Low Risk High Reward Market broke the descending structure with strong bullish impulse followed by higher lows respecting new trendline
Price retested the previous resistance now turned support zone with a bullish reaction
Entry is taken after confirmation of the retest holding and bullish continuation signs
Entry : 142.494
SL : 140.676
TP : 148.270
RR 1 : 3.2
Price action aligned with short-term bullish reversal structure and clear demand zone defense
Let price do the work
USD/JPY(20250514)Today's AnalysisMarket news:
The U.S. unadjusted CPI annual rate unexpectedly dropped to 2.3% in April, the lowest since February 2021.
Technical analysis:
Today's buying and selling boundaries:
147.76
Support and resistance levels:
148.83
148.43
148.17
147.34
147.08
146.68
Trading strategy:
If the price breaks through 147.76, consider buying, the first target price is 148.17
If the price breaks through 147.34, consider selling, the first target price is 147.08
USD/JPY - Trendline Breakout (14.05.2025)The USD/JPY Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Trendline Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 145.34
2nd Support – 143.81
🎁 Please hit the like button and
🎁 Leave a comment to support for My Post !
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI_TA_TRADING
Thank you.
usdjpyusdjpy movement prediction using fibs.......................................................................................................................................................................................................................................................................................................................................................................................................
USD/JPY market structure with a clear bullish bias Technical Analysis Patterns:
A harmonic pattern is drawn with labeled points X, A, B, C, D forming what appears to be a Gartley or Bat pattern.
Fibonacci ratios (e.g., 0.618, 0.786, 1.618) are marked, typically used to validate harmonic patterns.
Zones:
Resistance Zone: A marked rectangular area around the 148.500 to 149.000 range.
Support Zone: Labeled at the bottom around the 143.500 level.
BOS (Break of Structure): Identified near the 144.500 level indicating a key bullish breakout.
Trade Setup:
Entry: Around 147.500 – 148.000 (current price 147.971 suggests it is within or near the entry zone).
Target: Marked around 151.000.
Stop Loss: Implied to be below the entry box, possibly near 146.000 or just above.
Risk-to-Reward Ratio is favorable, with a large green “Target” box and a smaller red zone below (Stop Loss).
Trend Analysis:
A strong bullish impulse from point C to D.
Market structure suggests a bullish continuation if resistance is broken.
Indicators/Tools:
Price measurement tools, Fibonacci levels, and drawing tools from TradingView’s toolbar are used.
Conclusion:
The chart depicts a bullish harmonic pattern with a potential long trade setup aiming for a breakout above resistance. The analysis includes well-marked support/resistance, entry/exit zones, and market structure with a clear bullish bias.
market structure with a clear bullish bias .
USDJPY Wave Analysis – 12 May 2025- USDJPY broke the resistance area
- Likely to rise to resistance level 150.00
USDJPY currency pair continues to rise strongly inside the c-wave, which recently broke the resistance area between the resistance level 146.00 (top of the previous wave a), 50% Fibonacci correction of the downward impulse from March and the resistance trendline of the daily down channel from January.
The breakout of this resistance area accelerated the minor c-wave of the active ABC correction (2) from the end of April.
USDJPY currency pair can be expected to rise to the next resistance level 150.00 (target price for the completion of the active c-wave).