JPYUSD trade ideas
Bounced off 4H demand Overall bias remains bullish. The 15-minute timeframe is confirming a triangle pattern—watching for a breakout continuation.
See short position In this trading scenario, we observe that the price has not yet reached its valid support and resistance zone, and we anticipate a potential bearish reversal (price drop)
BOJ Faces Inflation ChallengeThe Japanese yen weakened to around 143 per dollar on Friday, reversing Thursday’s gains as the U.S. dollar rebounded on easing global trade tensions. President Trump reassured markets that U.S.-China trade talks are ongoing, despite China’s denial, and optimism over talks with Japan and South Korea also supported the dollar. Trump also eased monetary policy concerns by clarifying he never intended to remove Fed Chair Jerome Powell.
In Japan, Tokyo’s core inflation rose to 3.4% in April, the highest in two years, posing a challenge for the Bank of Japan as it balances rising inflation with external risks from U.S. tariffs. The BOJ is expected to keep rates steady.
Key resistance is at 144.00, with further levels at 145.90 and 146.75. Support stands at 139.70, followed by 137.00 and 135.00.
USDJPY buy setup H4Hello! Friends,
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USDJPY COT and Liquidity AnalysisCOT Report Analysis:
Consolidatin followed by 3 weeks sell of with the net shorts being added. Price still didn't reach liquidity so in my opinion we have still bearish smart money sentiment. So we got framework and bias now we need to look for setups. Which I will again use my CLS method.
/b]
Hey what up traders welcome to the COT data and Liquidity report. This is a big part of my FX Trading. Im always trying to trade with the Big players so knowing their positions is good thing.
Please be aware that institutions report data to the SEC on Tuesdays and data are reported on Fridays - so again we as retail traders have disadvantage, but there is possibility to read between the lines. Remember in the report is what they want you to see, that's why mostly price reverse on Wednesday after the report so their cards are hidden as long as possible. However if the trend is running you can read it and use for your advantage.
I created this simple free indicator which you can find in the my scripts. It's highlighting the day of the real report - Tuesday.
Here is the tip if the level has confluence with the high volume on COT it can be strong support / Resistance.
Analysis done on the Tradenation Charts
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
"Adapt what is useful, reject what is useless, and add what is specifically your own."
— David Perk aka Dave FX Hunter ⚔️
EUR/NZD Short and USD/JPY ShortEUR/NZD Short
Minimum entry requirements:
• Corrective tap into area of value.
• 4H risk entry or 1H risk entry after 2 x 1H rejection candles.
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight non-structured 5 min continuation follows, reduced risk entry on the break of it.
• If tight structured 5 min continuation follows, reduced risk entry on the break of it or 5 min risk entry within it.
• If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
• If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
USD/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight non-structured 5 min continuation follows, reduced risk entry on the break of it.
• If tight structured 5 min continuation follows, reduced risk entry on the break of it or 5 min risk entry within it.
• If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
• If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
USDJPY 1 Hour Timeframe Impulsive Upwave, Break of StructureUSDJPY is potentially ready for the long term upwave. In the 1 hour timeframe, the last impulse broke the previous structure. Waiting on the formation of corrective structure before trading the next upwave.
USDJPY | Gaining bullish momentumAfter hitting lower low USDJPY is bouncing back and makinf new higher highs and higher lows,which indicates that it is it is gaining bullish momentum and will soon break its resistance area to mark new highs.Enjoy the ride.
UJ Possible quick scalp to the upsideAs price forms this ltf Uptrend we can possibly get in with a buy stop
order above the correction
USDJPY – Searching for a Bottom After a Brutal DropSince the start of the year, USDJPY has been in an almost free fall, losing nearly 2,000 pips and breaking multiple key supports, including the critical 150 level.
Yesterday, we even saw a spike below 140, a level not touched for quite some time.
🔄 However, after that spike, the pair reversed sharply to the upside, showing strong demand in that area.
Interestingly, this zone was tested at the start of 2024 and again back in September, adding even more technical relevance.
📊 Despite the poor outlook for the USD overall, I now expect a meaningful rebound from here, aiming for a retest of the former 146 support, which has now turned into resistance.
💡 Trading Plan:
I will be looking to buy dips near the current support, targeting a 1:3 Risk/Reward setup toward the 146 resistance area.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
USDJPY Buy analysisIn the Daily timeframe, we are at a very strong key level, and the price was bouncing. In the 4-hour timeframe, I have the minimum requirement for an uptrend to form, and my trendline is broken.
full explanation in the video.
USDJPY Buy UpdateUSDJPY Buyers stepping in fully...
Analyzing the information from what the yearly candle printed a strong buy is building up at these level
Bullish bounce?USD/JPY is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 141.82
1st Support: 140.15
1st Resistance: 144.52
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USD/JPY pair may form a short-term BUY trendBased on the analysis, the USD/JPY pair may form a short-term BUY trend. Based on this analysis, we can try to enter a Buy position with a small risk margin.
