USDJPY SETUP FOR MASSING DROPNice sell setup for USDJPY.
Testing daily/weekly highs.
Price is at resistance and FGV zone. easy call short
JPYUSD trade ideas
USDJPY: Correction before dropping to 153.00-152.00Hello everyone, Ben here!
USDJPY has yet to resume its upward trend. Rumors about potential actions from the Bank of Japan (BoJ) are beginning to surface. Meanwhile, the US dollar continues to gain strength.
The 158.46 level represents a strong resistance zone established by the sellers. Strong expectations for an additional interest rate hike by the BoJ this week are also lending support to the JPY. Overall, this influence appears relatively weak but could still provide significant backing for this currency pair.
In theory, any upward movement of this major pair might be limited due to trade policy risks from the soon-to-be-inaugurated US President Donald Trump, which have constrained any significant bullish moves for the safe-haven JPY.
The focus this week will be on Trump’s inauguration speech on Monday and the highly anticipated two-day BoJ policy meeting beginning on Thursday.
From a technical standpoint, the price is attempting to break out of a major range and test key support levels. A false breakout around the 156.56 level could lead to the price targeting newly formed resistance zones. However, if the price settles below 156.56 or even drops under 155.95, it could trigger strong selling pressure sooner than expected.
Best regards, Bentradegold!
USDJPY SHORT Below is a structured, professional top-down analysis of USD/JPY, incorporating the key technical elements from weekly down to the 1-hour timeframe, as well as brief macro considerations. All references to specific price levels, indicators, and potential trade setups are included for clarity.
Weekly Timeframe
• Ascending Channel
• USD/JPY has been trading within a broader ascending channel. After briefly breaking below on July 29, price re-entered this channel around October 7 and continues to respect it.
• The overall structure has consistently formed higher highs and higher lows, though price is currently at a lower high within the channel.
• EMAs & Bollinger Bands
• The 20, 50, 100 EMAs on the weekly chart slope upward and are stacked in a bullish configuration, indicating a larger uptrend.
• Price remains in the upper Bollinger band, reflecting underlying strength; however, the bands are widening, implying potential for increased volatility.
• Momentum & Capital Flows
• RSI is above 50 but is currently testing its RSI-based moving average as well as an RSI trendline. A break below could signal deeper weekly correction, although the broader trend remains bullish.
• MACD is above zero and bullish but shows signs of weakening momentum near the top.
• CMF (Chaikin Money Flow) remains positive, suggesting steady capital inflows despite the recent consolidation.
• Macro Context
• The interest rate differential favors the U.S. dollar unless the Bank of Japan unexpectedly raises rates (e.g., on October 23). Even with a potential BOJ hike, the overall USD yield advantage may persist unless there is a significant policy shift.
Weekly Conclusion
The higher timeframe bias is bullish. However, the pair appears to be in a corrective phase (wave 4) within that broader trend, potentially setting up a wave 5 push that could break prior highs, pending confirmation on lower timeframes.
Daily Timeframe
• Rising Wedge / Channel
• On the daily chart, USD/JPY has formed a rising wedge-like structure. Price is currently near 155, with potential downside toward 154 if selling pressure continues.
• A cluster of support is found around the lower channel boundary, the 100 EMA, and various Fibonacci retracement levels (0.382 and 0.5).
• EMAs & Bollinger Bands
• The daily 20, 50, and 100 EMAs remain upward sloping, consistent with a larger bullish bias.
• Price has dipped below the 20 EMA, finding intermittent support at the 50 EMA. A decisive reclaim of the 20 EMA could drive a retest of upper channel resistance. Failure to do so may open further downside toward the 100 EMA.
• Currently trading near the lower Bollinger band, indicating near-term weakness on the daily timeframe.
• Ichimoku
• Price remains well above a thick Ichimoku Cloud, suggesting strong long-term support. However, there may be room for further downside before interacting with the Cloud.
• Momentum Indicators
• RSI sits below 50, indicating a short-term bearish tone.
• MACD is in a bearish phase, aligning with the current pullback.
• CMF remains positive but is starting to decline, hinting that outflows may briefly exceed inflows.
Daily Conclusion
The daily structure is still within a larger bullish trend but is undergoing a corrective pullback. A deeper move to the lower boundary of the rising wedge or channel (and possibly the 0.5 Fibonacci retracement) is plausible before resuming the broader uptrend.
4-Hour Timeframe
• Bearish Sub-Structure & Order Blocks
• After rejecting near 156, price has formed a short-term downtrend channel/structure on the 4H. A clear order block around 154.427 aligns with the lower portion of this channel.
• A bounce from that zone could complete the corrective phase before resuming the daily uptrend.
• EMAs & Momentum
• Price is oscillating around the 200 EMA on the 4H chart. Recent attempts to break below were quickly reversed, but so far, the short-term trend remains bearish.
• RSI is below 50, confirming a short-term downward bias.
• MACD shows waning bullish momentum, consistent with further downside risk toward support levels.
• Potential Short Setup
• A retest of the 156 region (daily order block/high-value node) could provide an attractive risk-to-reward short entry targeting ~154.427 or slightly below, contingent on bearish rejection signals.
• Tight stop placement above 156.40 – 156.70 helps manage risk in case of an unexpected breakout to the upside.
4-Hour Conclusion
The 4H timeframe supports a tactical short opportunity within a broader uptrend. Ideally, traders would wait for a retest of upper resistance to secure a better entry, aiming to catch the final leg of this correction.
1-Hour Timeframe
• Minor Trendlines & Bearish Break
• The 1H chart confirms multiple breakouts of smaller ascending trendlines, each followed by a retest and a bearish engulfing candle, signaling near-term downward continuation.
• Short-term order blocks around 156.39–156.74 may offer entries if price retests them.
• ATR Considerations
• Current 1H ATR is roughly 0.261, which suggests stops should accommodate the typical volatility.
• A proposed entry around 156.3925 with a stop near 156.738 targets the 154.36–154.42 zone, resulting in a risk-to-reward around 2:1, assuming precise trade management and no major fundamental surprises.
1-Hour Conclusion
The intraday structure remains bearish, with well-defined levels for a potential short entry. Traders should confirm momentum exhaustion on any retest of 156+ before committing to the position.
Overall Synthesis & Next Steps
• Weekly Bias: Bullish
• Daily & Intraday Bias: Short-term bearish correction
• Key Levels:
• Upside: 156.00–156.40 (potential retest/short entry zone)
• Downside: ~154.40 (4H order block / channel support), possibly 153.70 if momentum accelerates
• Trade Approach:
• Short Setup: A bounce into 156+ with bearish rejection could offer a compelling short entry.
• Longer-Term Upside: Once the correction completes around the 154 region (or slightly lower), look for bullish signals to rejoin the weekly uptrend targeting new highs.
Note: Always keep an eye on the macro calendar—particularly interest rate announcements from the Bank of Japan and the Federal Reserve—as they can shift USD/JPY momentum rapidly.
Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Market conditions can change quickly, and it is vital to employ proper risk management.
LONG ON USD/JPY- Nice change of character on the 4hr from down to up.
- Jpy index is falling/weak.
- Great Retest of a FVG creating a higher low
Taking a buy on OANDA:USDJPY
USDJPYThe pair is in a correction phase.
We expect the corrective wave to end at the areas marked on the chart, and from there, we will observe how the price reacts to determine whether we will enter buying opportunities on the pair.
Considering the bullish trend and the strength of the US dollar,Considering the bullish trend and the strength of the US dollar, buying this currency is a good idea.
I don't think we need to think about selling this currency pair right now
Become a professional by controlling your trading risk.
Use your experience and logic to succeed. You are the best.
USD/JPY Potential Reversal Zone with SMC and ICT InsightsFX:USDJPY USD/JPY Potential Reversal Zone with SMC and ICT Insights
The chart shows the USD/JPY 4-hour timeframe with various technical indicators and annotations. The price is currently at 157.506, with a slight increase of 0.075 (+0.05%). The chart includes several key elements:
Break of Structure (BOS): Indicated at multiple points, suggesting significant shifts in market structure.
Change of Character (CHoCH): Highlighted at various points, indicating potential reversals or shifts in market sentiment.
Fibonacci Retracement Levels: Key levels at 0.786 (158.452), 0.786 (158.293), 0.618 (158.121), and 0.5 (157.889).
Volume Profile: Shows high volume nodes around 157.927 and 157.599, indicating strong support/resistance zones.
RSI Indicator: Currently around 46.47, suggesting the market is neither overbought nor oversold.
Buy Strategy:
Entry: 157.600 (near the current price and volume profile support)
Take Profit 1 (TP1): 158.000 (+40 pips)
Take Profit 2 (TP2): 158.450 (+85 pips)
Stop Loss (SL): 157.000 (-60 pips)
Sell Strategy:
Entry: 158.100 (near the Fibonacci 0.786 level and resistance)
Take Profit 1 (TP1): 157.600 (+50 pips)
Take Profit 2 (TP2): 157.000 (+110 pips)
Stop Loss (SL): 158.500 (-40 pips)
VIP Signal:
Buy: Entry 157.600, TP1 158.000 (+40 pips), TP2 158.450 (+85 pips), SL 157.000 (-60 pips)
Sell: Entry 158.100, TP1 157.600 (+50 pips), TP2 157.000 (+110 pips), SL 158.500 (-40 pips)
This analysis leverages various strategies, including Price Action, Smart Money Concepts (SMC), and ICT Elliott Wave, to formulate detailed buy and sell strategies. The identified key levels offer optimal entry and exit points, ensuring a balanced risk-reward ratio for traders.
Buy Trade Idea: USD/JPY USD/JPY is currently showing signs of bullish momentum after bouncing off a key support zone near 154.00. The price has retested this significant demand zone and demonstrated rejection, indicating a potential reversal to the upside.
Entry: 155.50
Stop Loss (SL): 154.00
Take Profit (TP): 161.50
As the trade progresses, price action should be monitored closely. Stop Loss adjustments can be made to break-even or to secure profits as the price approaches the TP level. This setup offers a favorable risk-to-reward ratio (RRR) of approximately 1:3, making it a sound trade from a risk management perspective.
This trade setup is based on a combination of technical analysis, fundamental analysis, investor sentiment, and retail sentiment.
USDJPY Short? Patience is key hereYes, price reached the white Center-Line, which means: Price is at balance.
And yes, price is at the red U-MLH, which means: price is stretched.
Two good indications that a potential breather is lurking in the throat. But I'd better wait for more evidence. More momentum to the south.
Not stalking yet, but observing on the lower time frame too.
USDJPY Retest Completion and Bounce BackThe USDJPY pair is currently trading at a price of 156.000, with a target price set at 162. This suggests a potential gain of over 500 pips, indicating a significant upward movement. The market analysis highlights that the pair has recently completed its retesting phase at a critical support level. This retest confirms the strength of the support, as the price has now started to bounce back from this zone. The pattern identified is based on support and resistance, a common and reliable technical strategy in forex trading. A bounce from support often signals a bullish trend, making this an opportune time for buyers. Traders may view this as a favorable entry point, with the potential for strong gains. However, proper risk management and market monitoring are crucial. The setup aligns with technical indicators supporting the bounce scenario. The movement suggests the pair is regaining bullish momentum.
USDJPY1: This is a Bullish Pattern
2: This is printing HH and Hl
3: Instant buying because the price is tested FIB 0.382
4: Also, the price respect the bullish trend
USDJPY-bias long Pair is in bullish trend and making higher highs and higher lows , making a bullish flag in day time frame with the support respected at 156.85
Inverted hammer candle in 4 hr time frame indicates bullish continuation.
Pair is making inverted head and shoulder in 1 hr time frame.
Ma 21 respected in 30 min indicates bullish momentum,.
MA200 respected in 2 hr time frame
Day time frame shows bearish divergence which is on the bearish side point and the MA 21 respected in 2 hr
My bias is bullish based on most of the confluences
Trade plan bias long @ 157.33
SL:156.865
TP1:158.07
TP2:158.66
USDJPY BULLISH TARGETTING MONTLY MAJOR RESISTANCEINTRADAY: Watch the video for better understanding.
LONG TERM: Buy at the close of first 4H candle above daily pivot, trade save.
USDJPY - ShortH4 trend is bearish, confirming the D1 pullback to supply zone. Currently the draw on liquidity lies below a H4 PD array (FVG)
USD_JPY SHORT FROM RESISTANCE|
✅USD_JPY is going up to retest a horizontal resistance of 156.400
Which makes me locally bearish biased
And I think that we will see a pullback
And a move down from the level
Towards the target below at 155.400
SHORT🔥
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Every reason traders can’t ignore the yen this week The Bank of Japan (BoJ) will hold its first policy meeting of the year next week, with markets pricing in a 90% likelihood of a rate hike on January 24.
Last year, BoJ rate hikes contributed to the Yen carry trade unwind in early August, coinciding with Bitcoin’s decline to $49,000.
This week, the Japanese yen strengthened toward 155.5 per dollar, its highest level in four weeks, driving prices to range lows and suggesting potential further downside. A daily close below the 20-day EMA has brought the 50-day EMA and the monthly pivot point into focus.
One potential hurdle for a rate hike could stem from US political developments. Former U.S. President Donald Trump is set to begin his second term in office on Monday, with expectations of executive orders that may disrupt financial markets.
Additionally, traders must contend with Japan’s Finance Minister this week reaffirming the government’s readiness to take "appropriate action" to support the yen.
USDJPY 4H Short Trade Idea AnalysisHello Everyone,
Welcome to FXMYWORLD.
Let's see how this pair will perform based on the analysis.
Make sure you do your research and based on your confluence please look for the entry.
Don't rush your trades without any confirmation.
Thanks in advance for checking my trade idea.
USD/JPY H4 | Bullish uptrend to extend?USD/JPY is falling towards a swing-low support and could potentially bounce off this level to climb higher.
Buy entry is at 156.60 which is a swing-low support that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 155.80 which is a level that lies underneath a multi-swing-low support.
Take profit is at 158.54 which is a pullback resistance.
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USDJPY - Potential Correction, SHORTDear Friends,
How I see it:
Rising Wedge Pattern.
Price is holding around fair market value, exhaustion characteristics.
Safest Option:
Waiting for a wedge " breakout and hold" for a short entry.
However, best practice is to accumulate inventory
above or close to FMV at least for your short entry
Keynote:
Strong support around 156.250 which could serve as the re-test support.
I deeply appreciate you taking the time to study my analysis and point of view.
Uj shortjapan selling usd, they following china, same time, this is previous resistance, maybe they didn't sell enough. taking a 1.2 order short
USD/JPY 4H chart analysis, (Must read caption)...Hello trading view family what are your opinions about this share your thoughts in comment section and thanks for your support.
This chart analysis made by me depicts the USD/JPY currency pair on a 4-hour timeframe, provided by OANDA. It shows an upward trending channel with price action respecting the channel's boundaries.
Key details include:
1. Current Price Level: USD/JPY is trading around 157.520.
2. Channel Trend: The price has been moving within an ascending channel, with higher highs and higher lows.
3. Target Zone: A highlighted area above the current price suggests a target nearing 159.640. An arrow indicates the potential continuation of the bullish trend toward this level.
4. Support and Resistance:
A red zone marks a resistance level above the current price.
A green zone highlights a support level just below, around 157.086.
5. Supertrend Indicator : A green Supertrend line is displayed, suggesting bullish momentum remains intact.
6. Projection: The chart hints at the possibility of a pullback toward the support zone before resuming its upward move to the target.
This setup indicates a bullish bias, with a likely breakout if the price sustains within the channel.
Key levels;
Entry: 157.500-157.300
Target at: 158.200
SL at: 156.800
Support me guys and like comment if you found this helpful.
USDJPY long prediction UJ is long predicted
waiting for dip and buy opportunity
London session is a bear and bullish in NYC session
wait for stop hunt in LDN session / if this not happen-no entry
USDJPY WANT SELLING ZONE AT 156.50📉 USD/JPY Analysis & Forecast - H4 Time Frame
💴 Technical Overview:
Trend Reversal: USD/JPY has broken down from its upside trend, signaling a potential shift in market sentiment.
EMA Crossovers: Price has crossed below both the 50 EMA and 200 EMA, confirming bearish momentum and creating a favorable environment for sell entries.
Key Levels:
Support Zone: 156.30
Resistance Zone: 158.00
🔻 Forecast:
Technical Targets:
First Target: 153.50
Second Target: 151.00
The breakdown and EMA crossovers align with the bearish outlook, with the price likely aiming for these targets in the short to medium term.
