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Japanese Yen / U.S. Dollar forum

SOOMROFX2

44 minutes ago

usdjpy buyyar active your trade now

timboi95

1 hour ago

Will it test 144 support? Looking for that retest.

NeomGoldForexVIPSignals

1 hour ago

2/2 Summary of Key Levels

Daily & 4-Hour Support and Resistance

Daily Support Levels:

S1: 143.500
S2: 142.800
S3: 142.379

Daily Resistance Levels:

R1: 145.000
R2: 145.500
R3: 146.290

4-Hour Support Levels:

S1: 144.200
S2: 143.900
S3: 143.500

4-Hour Resistance Levels:

R1: 144.800
R2: 145.000
R3: 145.500

Exponential Moving Average (EMA) Levels

Daily EMA Levels:

EMA 50: 144.200
EMA 100: 143.800
EMA 200: 143.500
EMA 400: 142.800

4-Hour EMA Levels:

EMA 50: 144.600
EMA 100: 144.300
EMA 200: 143.900
EMA 400: 143.600

Weekly Pivots

Weekly Pivot 1: 143.800
Weekly Pivot 2: 144.200
Weekly Pivot 3: 144.600

Daily Pivots

Daily Pivot 1: 144.500
Daily Pivot 2: 144.800
Daily Pivot 3: 145.000

Fibonacci Retracement Levels

23.6% Level: 144.200
38.2% Level: 144.600
50% Level: 144.800
61.8% Level: 145.000
78.6% Level: 145.300

Fundamental Analysis and Upcoming USD News

As we look ahead, several important USD news events could impact the USDJPY market. Traders should keep an eye on the following:

Federal Reserve Interest Rate Decision: 📅 The upcoming Federal Reserve meeting will be critical, as any changes in interest rates can significantly affect market sentiment and the value of the USD against the JPY.

Inflation Reports: 📊 Scheduled inflation reports will also play a crucial role in shaping market expectations. Higher inflation could lead to increased interest in the USD as a safe-haven asset.

Employment Data Releases: 📈 Employment figures released this month will provide insights into the economic health of the U.S. and could influence trading strategies in the USDJPY market.

Traders should stay informed about these events, as they can create volatility and present trading opportunities in the USDJPY market. 📅

Conclusion

In summary, the USDJPY market is currently positioned at a critical juncture, with key support and resistance levels, Fibonacci retracement levels, and various indicators suggesting potential price movements. As traders navigate this dynamic environment, it is essential to remain vigilant and adapt strategies based on the evolving market conditions.

NeomGoldForexVIPSignals

1 hour ago

1/1 USDJPY Daily Market Analysis—June 10, 2025

Introduction

In the dynamic world of currency trading, the USDJPY pair remains a focal point for traders seeking opportunities in the foreign exchange market. Currently, the USDJPY is trading at 144.609. This analysis delves into the daily and 4-hour time frames, utilizing key indicators such as Fibonacci retracement levels, exponential moving averages (EMA), RSI divergence, and Smart Money Concepts (SMC) to provide a comprehensive overview of the market. Understanding these elements will help traders make informed decisions regarding their positions in the USDJPY market.

Market Analysis

Support and Resistance Levels

Daily Time Frame:

Support Levels:

S1: 143.500
S2: 142.800
S3: 142.379 (Swing Low)

Resistance Levels:

R1: 145.000
R2: 145.500
R3: 146.290 (Swing High)

4-Hour Time Frame:

Support Levels:

S1: 144.200
S2: 143.900
S3: 143.500

Resistance Levels:

R1: 144.800
R2: 145.000
R3: 145.500

Fibonacci Retracement Levels

Using the recent swing high of 146.290 and swing low of 142.379, the Fibonacci retracement levels are as follows:

23.6% Level: 144.200
38.2% Level: 144.600
50% Level: 144.800
61.8% Level: 145.000
78.6% Level: 145.300

These levels serve as potential reversal points and are crucial for identifying entry and exit strategies.

Exponential Moving Averages (EMA)

Daily Time Frame:

EMA 50: 144.200
EMA 100: 143.800
EMA 200: 143.500
EMA 400: 142.800

4-Hour Time Frame:

EMA 50: 144.600
EMA 100: 144.300
EMA 200: 143.900
EMA 400: 143.600

The EMAs indicate the trend's strength and direction, with the shorter-term EMAs responding more quickly to price changes. Traders often look for crossovers as potential buy or sell signals.

RSI Divergence

The Relative Strength Index (RSI) is currently at 62, indicating that the USDJPY is approaching overbought territory. Traders should be cautious of potential price corrections if the RSI begins to diverge from the price action. A divergence may signal a weakening trend, prompting traders to reassess their positions. 📉

Order Blocks

Identifying order blocks can provide insights into potential price reversals or continuations. The following order blocks are notable:

Bullish Order Block: 143.500 to 143.800
Bearish Order Block: 145.000 to 145.300

These areas can serve as critical zones for potential price reactions, and traders should monitor them closely for entry or exit points. ⚖

MACD Analysis

The Moving Average Convergence Divergence (MACD) indicator shows a bullish crossover, suggesting that bullish momentum may continue in the short term. The MACD histogram is positive, indicating that buyers are currently in control of the market. However, traders should remain vigilant for any signs of reversal as the price approaches resistance levels. 🔍