EURUSD and USDJPY weekly outlook updateprice made the planned moves from last week and I expect more continuation after confirmation. UJ needs more bullish confirmation before buying and EU needs selling confirmation before taking out buyers
JPYUSD trade ideas
USD/JPY 1HOUR CHART TECHNICAL ANALYSIS NEXT MOVE POSSIBLE This USD/JPY 1-hour chart presents a bullish trade setup, anticipating a move higher. Here's the breakdown:
Key Observations:
1. Support Zone: The price is bouncing from a yellow demand zone near 149.145 - 149.294, signaling buying pressure.
2. Bullish Projection: The black arrows suggest a potential rally toward the 151.511 resistance zone, marked in red.
3. Risk-Reward Setup:
Entry: Near 149.670
Take Profit (TP): Around 151.511
Stop Loss (SL): Below 149.145, ensuring risk control.
4. Market Structure:
A previous downtrend correction has found demand.
A bullish channel formation supports the upward move.
Trade Idea:
A long (buy) position aiming for 151.511 is valid as long as price remains above 149.145. A break below may invalidate the setup.
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USDJPY 15M BEAR CONTINUATION Took a sell here, looks good decline formation (BEARISH CANDLE) at a value area
will have 2 target for this
TP1 147.33
TP2 144.83
Lets hope we get there guys :)
HAPPT TRADING
USDJPY corrects along with the dollar USDJPY is falling after a false breakdown. But, most likely, the fall of the dollar index, which happened after the change of the political position of the US leadership, also had a huge impact here. The index is likely to continue its fall and this will help the currency pair to fall even further
Scenario: support 151.0 is ahead, from which a rebound to resistance 152.4 - 153.18 is possible, but in the medium term, as we have a change in the fundamental background, we can expect a continuation of the fall. The focus in this case is on the support 151.47 - 159.9. A breakdown of this zone may weaken the price to 148.8
Short USD/JPYThe USD/JPY break out the middle term side way channel and short term down trend channel bottom lines.
The MACD, SlowStoch over sold level crossed didn't really work for pushing the price to North, instead, they are going down back to over sold levels, which means the down power is big.
Try a cypher pattern trade on behalf of the CD leg.
US $ YEN BOTTOMING NOW SHARP RALLY BULLISH FOR SPY QQQThe chart is my work in the US/YEN I have NOT ALTER the Wave structure . We will now see a BOTTOM on the short term here or a minor new low .From here we should see a rather nice RALLY up in an ABC to .382 /.50% of this decline .This is friendly for the SPY and QQQ . BEST OF TRADES WAVETIMER
USD/JPY Upcoming Trend - Bearish?USD/JPY news:
🔆The USD/JPY pair climbs to around 149.80 during North American trading hours on Monday, driven by a weaker Japanese Yen (JPY) as 10-year Japan bond yields undergo a slight correction. The 10-year Japanese Government Bonds (JGBs) decline to approximately 1.41% from 1.45%, the highest level in nearly 15 years.
🔆Despite this, expectations that the Bank of Japan (BoJ) will raise interest rates again this year continue to support the Yen. Additionally, hotter-than-expected National Consumer Price Index (CPI) data for January has reinforced speculation that the BoJ may tighten its monetary policy further.
🔆On the US Dollar (USD) side, a strong rebound follows its drop to a nearly 12-week low. Weak US private business activity data has led to increased dovish bets on the Federal Reserve (Fed), with the probability of a rate cut in June rising to 58% from around 50% a week ago, according to the CME FedWatch tool.
Personal opinion:
🔆The USD/JPY pair is still maintaining a downtrend in the medium term, besides the support for JPY from fundamental factors, technical analysis according to the trend line combined with Fibonacci levels and important resistance - support levels shows a clear downtrend, there is no sign of a reversal from USD
Plan:
🔆 Price Zone Setup:
👉Sell USD/JPY 149.50 – 149.70
❌SL: 150.15 | ✅TP: 148.80 – 148.20 – 147.60
FM wishes you a successful trading day 💰💰💰
USDJPY No Trend The monthly and weekly timeframes are not trending in the same direction.
The price is currently at weekly support at 149.310, with the next target being monthly support at 144.582 if it breaks.
USD/JPY Technical Analysis: Fluctuating Around Key 150 Support As anticipated in the previous analysis, this pair declined and has now fallen below the critical 150 support level. The expected scenario is a temporary rebound, either toward the 150 support retest or the identified supply zone. After this brief recovery, further downside movement is likely.
USDJPY: Market Sentiment & Forecast
Balance of buyers and sellers on the USDJPY pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair.
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USDJPY Signal - 5 months support test 24.2.25148.60 to 152.70 range
Currently trading at 149.70
Support of 148.60-149.80 range is holding strong for the past 5 months.
Standard correction 300 pips up towards 152.70 makes sense following the expanding wedge pattern highlighted on the chart.
100 pip downside compared to 300 pip upside swing trade.
Make logical, timed, calculated action sticking to a plan and managing risk as top priorities.
GOOD LUCK!
I'm selling USDJPYReason is simple, banking on a down move before correction.
BE as soon as you can, I wont like the trade to spoil my profit run
USDJPY Wave Analysis – 24 February 2025
- USDJPY reversed from the support area
- Likely to rise to the resistance level 150.95
USDJPY currency pair previously reversed up from the support area set between the support level 149.00 (which has been reversing the price from October), 50% Fibonacci retracement of the upward impulse (1) from September and the lower daily Bollinger Band.
The upward reversal from this support area stopped the C-wave of the previous ABC correction (2) from the start of January.
Given the rising bearish yen sentiment seen across the FX markets today, USDJPY currency pair can be expected to rise to the next resistance level 150.95 (the former low of wave A from the start of February).
USD/JPY BEAR is BACKHi Traders,
This currency pair is respecting the downtrend channel, which indicates a strong downside. At the moment, the price appears to have completed the retracement and is continuing to push lower, with multiple rejection candles printed over the last few hours. Additionally, Sto-RSI is dropping below 80%.
Here is my SELL entry is at $153.772, with a stop loss at $155.50 and a take profit at $140.00. The risk/reward ratio is 1:8.
USDJPY LongAccording to the analysis on this instrument we expect the price growth according to the wave theory to a strong dynamic level. But we enter the market after consolidation.
USDJPY Long close to TPThe Signal i dropped earlier on USDJPY lONG is almost close to TP.
Start securing your profit or breakeven.
DeGRAM | USDJPY decline from the channel boundaryUSDJPY is in a descending channel below the trend lines.
The price is moving from the upper boundary of the channel and has already broken the lower trend line.
We expect the decline to continue after consolidation under the 50% retracement level.
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GBPJPY and USDJPY Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USD JPY technical analysis before chart next move identified USD JPY technical analysis before chart next move identified
Break out then best buy zone target
Break down then best sell zone target this is mind game
Not financial advise trade and manage your own risk
USDJPY Buy/Long IdeaUSDJPY has been in a strong downtrend for many weeks now. It appears to have now stalled for a retrace to the upside.
USD/JPY remains below 150.00Despite reaching its highest level since early December on Monday, the Japanese yen (JPY) remains weaker against the U.S. dollar in early European trading. Bank of Japan (BoJ) Governor Kazuo Ueda signaled a willingness to increase government bond purchases if long-term interest rates rise significantly. This has led to a decline in Japanese government bond (JGB) yields, driving some intraday JPY selling and helping USD/JPY recover from an earlier dip below 149.00.
Expectations of rising inflation and sustained wage growth in Japan have strengthened investor confidence that the BoJ will raise interest rates more aggressively. This limits bearish bets on the JPY. Meanwhile, renewed selling of the US dollar (USD) offsets the USD/JPY pair’s recovery, despite the Fed’s hawkish stance. As a result, confirming a bottom in spot prices requires strong follow-through buying.
From a technical standpoint,
Any upward movement is expected to face strong resistance around the 150.00 psychological level. Continued buying could push the USD/JPY pair toward the 72 EMA on the 4-hour timeframe at 153.30, just below the key 154.00 psychological level. A decisive break above this point could drive further bullish momentum.
On the downside, the 149.00 level, followed by the Asian session low at 148.85, now acts as major support before the 148.65 area, which marks the December 2024 low. Failure to hold these levels could accelerate the USD/JPY pair’s decline toward the 148.00 psychological level. The downward trend may then extend toward the next key support near 147.45 before potentially reaching 147.00.
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.
USDJPY LOOKING BEARISH FROM THE DAILY TIMEFRAME Price broke a structure to the downside from the Daily timeframe perspective. I anticipate a further decline in prices. I’d be looking forward to a bearish price movement around the broken level of 151.195
