USDJPY: Bullish Continuation After Breakout📈 USDJPY is set to increase further in price after breaking through a significant daily/intraday horizontal resistance.
The next target is 147.81.
USDJPY trade ideas
USD/JPY) Bullish trend analysis Read The captionSMC trading point update
Technical analysis of USD/JPY on the 4-hour timeframe, signaling a breakout and possible rally toward the 151.016 target zone. Here's the detailed breakdown:
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Technical Analysis – USD/JPY (4H)
1. Bullish Structure Breakout
Price has broken above a long-term resistance trendline, indicating a bullish breakout from a rising wedge or ascending channel.
The breakout is confirmed by bullish momentum and sustained price action above the previous highs.
2. Trendline + EMA Confluence
Price remains well above the 200 EMA (145.143), reinforcing the bullish bias.
A clear higher low was formed at the inner trendline (support), followed by strong upside moves.
3. RSI Strength
RSI is around 63.16, indicating strong bullish momentum without being overbought yet.
Suggests more upside potential while maintaining healthy trend conditions.
4. Price Target Projection
The chart shows two upward extensions:
First move projected ~+2.20%, indicating a measured move target around 149.7.
Final target point is 151.016, based on previous price action extension and resistance level.
Mr SMC Trading point
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Summary
Bias: Bullish
Current Price: 147.366
Key Support: Rising trendline + 145.143 EMA
Targets:
Short-term: ~149.7
Final: 151.016
RSI: Strong but not overbought (63.16)
Invalidation: Break below the inner trendline support and EMA (below 145.00)
Please support boost 🚀 this analysis)
USD/JPY - H1- Wedge Breakout (07.07.2025)The USD/JPY pair on the H1 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Wedge Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 148.00
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USD/JPY 1H chart PATTERNUSD/JPY 1H chart, the pair has broken below an ascending channel, which is typically a bearish signal. The price is currently inside the Ichimoku cloud, indicating uncertainty, but a breakdown seems likely.
📉 Bearish Target Points:
1. First Target:
✅ 146.078 — Near the bottom edge of the Ichimoku cloud and a horizontal support level.
2. Second Target:
✅ 145.300 — Clear support zone below the cloud, also aligns with previous consolidation area.
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🔎 Additional Notes:
A breakdown below the Ichimoku cloud will confirm stronger bearish momentum.
Watch for a retest of the lower trendline or cloud support before a deeper drop.
Use stop-loss above 146.80 to manage risk if you're trading this setup.
Let me know if you want a buy/sell entry recommendation or SL/TP planning.
BULLISH H4 MOMENTUM ACTIVATED...?📊 Pattern & Structure:
The chart shows a downward channel (falling wedge) pattern that has recently been broken to the upside, indicating a bullish breakout.
The breakout is clean, with a sharp upward move, confirming the reversal from the bearish trend.
🔍 Key Levels Identified:
Support Zone:
142.284 – 141.790 (marked with an orange box)
This zone acted as a strong demand/support area.
Price bounced strongly after reaching this zone.
Immediate Resistance Levels:
145.799 – Near-term resistance.
147.000 – 147.629 – Key resistance zone (highlighted with a red horizontal line).
148.725 – Final bullish target/resistance on the chart.
📈 Bullish Scenario (highlighted with arrows and wave projection):
Price has broken out of the falling wedge, retested, and is pushing higher.
Target zone: 147.000–148.725.
The chart suggests a bullish projection, with further gains expected if the price sustains above 145.47.
USDJPY 30Min Engaged ( Buy Entry Detected )➕ Objective: Precision Volume Execution
Time Frame: 30-Minute Warfare
Entry Protocol: Only after volume-verified breakout
🩸 Bullish From now Price : 147.900
➗ Hanzo Protocol: Volume-Tiered Entry Authority
➕ Zone Activated: Dynamic market pressure detected.
The level isn’t just price — it’s a memory of where they moved size.
Volume is rising beneath the surface — not noise, but preparation.
🔥 Tactical Note:
We wait for the energy signature — when volume betrays intention.
The trap gets set. The weak follow. We execute.
USDJPY 30Min Engaged ( Buy Entry Detected )
USDJPY : More Upside Ahead?USDJPY : More Upside Ahead?
USDJPY remains firmly in a bullish trend, largely driven by renewed tariff concerns.
The yen weakened sharply after U.S. President Donald Trump reaffirmed plans to impose 25% tariffs on Japanese goods starting August 1st.
Since that announcement, USDJPY has rallied nearly 200 pips before encountering some profit-taking.
Despite the brief pause, the broader trend remains intact, and the pair appears poised for further gains.
Key upside targets to watch:
146.95
147.80
148.40
You may find more details in the chart!
Thank you and Good Luck!
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10.07.25 Morning ForecastPairs on Watch -
FX:USDJPY (live position)
FX:EURNZD
FX:EURUSD
A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
USDJPY - Trade The Range!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈USDJPY has been trading within a range between $140 and $150 round numbers and it is currently retesting the upper bound of the range.
📚 As per my trading style:
As #USDJPY is around the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USDJPY Short: Completion of Triple Combination Sub-wave 2Hello everyone! Over in this video, I analyzed the USDJPY and go through how I counted the waves and go through the lower levels sub-wave counts. I believe that USDJPY has completed a triple combination with the Z wave as a 5-wave structure. I talk about how this final wave might not be ideal and propose how the waves might be viewed in a different perspective. However, I believe also that the price is now good enough to short and propose a scaling-in method to short USDJPY.
Eventually, I think that USDJPY will go down to the lower trendline and break it. However, we will have to revisit the chart again when it does to see how the waves unfolded and then decide how to trade it.
Finally, as always, keep your risk tight and Good luck!
USDJPY (Daily Analysis) 16/07please see my daily review of usdjpy. hope all the information has been outlined. please note this is not financial advice. happy trading
USDJPY ENTRY CHARTWe are still bullish on this pair, the JPY is still WEAK, and the trend on this Pair is BULLISH, price is sitting on a ZONE, we have our LTF confirmation set also, You can add to watch-list if this matches with your trade idea on this pair, and as for us, we advise you move BREAK-EVEN after price move +1r. THANK YOU.
USDJPY SELLWe have officially gotten a change of trend as proven by the transition from a sequence of higher highs and higher lows to a lower low and lower high. Stacked on top of this sequence is a pullback for a retest of a key level confirming our setup.
USDJPY – Key Support Bounce with Macro TailwindsUSDJPY is bouncing off a key trendline and 61.8% Fib zone (143.25–143.60) with confluence across multiple JPY crosses (EURJPY, AUDJPY, CADJPY). This area has historically triggered strong upside momentum, and the current setup aligns with both technical structure and macro drivers.
📊 Fundamentals Supporting the Move:
✅ US Yields Stable: US10Y is holding above 4.20%, keeping USDJPY supported. If yields push back toward 4.30%, expect USDJPY to retest 145.30 and potentially 147.80.
✅ BoJ Dovish: Japan shows no shift in policy. Despite weak Tankan data, BoJ remains patient, and no meaningful rate hike or YCC change is expected soon.
✅ USD Macro Resilience: Core PCE held firm at 2.6%. Focus now shifts to ISM Services PMI (Wed) and NFP (Fri). Markets are still pricing a soft landing – supporting risk-on and a stronger USD.
✅ JPY as a Fading Safe Haven: Even with geopolitical headlines (Trump tariff tensions, Taiwan, Middle East), JPY demand remains weak. Traders are favoring USD and Gold over JPY as risk hedges.
⚠️ Risks to Watch:
Dovish US Data Surprise: Weak NFP or ISM could drag yields down and trigger USDJPY reversal.
Verbal or Actual BoJ Intervention: If we approach 148.50–150, Japan may step in again.
Geopolitical Escalation: Any sharp risk-off could trigger safe haven demand for JPY, though this has underperformed recently.
🔎 Correlation Dynamics:
📈 USDJPY is leading JPY crosses like EURJPY and AUDJPY. The recent bounce started simultaneously across the JPY complex, with USDJPY slightly ahead.
📉 If US yields drop or risk sentiment shifts, USDJPY may lag gold or bonds but eventually catch up.
🧠 Trading Plan:
📍 Entry Zone: 143.30–143.60 (trendline + Fib confluence)
🎯 Target 1: 145.30 (38.2% Fib)
🎯 Target 2: 147.80 (channel resistance)
🛑 Invalidation: Daily close below 141.50 with US yields breaking down
📅 Upcoming Events to Watch:
Wed July 3: ISM Services PMI (key for USD reaction)
Fri July 5: US Non-Farm Payrolls + Average Hourly Earnings
JPY Risk: Verbal intervention possible near 148+
🧭 Summary:
USDJPY is positioned for a bullish continuation, backed by:
Rising yields
Resilient US macro
Weak JPY fundamentals
Technical structure respecting trendline support
Short-term traders can target the 145–147.80 range ahead of NFP, with a tight eye on yield and risk sentiment.
📌 If this analysis helps, drop a like and follow for more real-time macro-technical breakdowns. Stay nimble ahead of NFP! 🧠📈
USDJPY 30Min Engaged ( Bullish Entry Detected )➕ Objective: Precision Volume Execution
Time Frame: 30-Minute Warfare
Entry Protocol: Only after volume-verified breakout
🩸 Bullish From now Price : 146.350
➗ Hanzo Protocol: Volume-Tiered Entry Authority
➕ Zone Activated: Dynamic market pressure detected.
The level isn’t just price — it’s a memory of where they moved size.
Volume is rising beneath the surface — not noise, but preparation.
🔥 Tactical Note:
We wait for the energy signature — when volume betrays intention.
The trap gets set. The weak follow. We execute.
USDJPY – Tactical Short in Weekly Supply or Bullish Breakout?COT & MACRO FLOW (Commitment of Traders)
USD INDEX
Non-commercials still biased short: Longs 16,208 vs Shorts 20,194 (slightly improved, but still negative).
Commercials remain net long, but the open interest is declining → no strong conviction from smart money.
JPY
Non-commercials added significantly to their short exposure (+6,751), while cutting longs (-4,432).
Commercials also cut long exposure heavily (-20,405).
The structure shows institutional bias is clearly bearish on JPY.
Conclusion: JPY weakness confirmed by both commercial and non-commercial flows. USD slightly weaker, but JPY is weaker → supports USDJPY bullish bias.
SEASONALITY (JULY)
USD/JPY tends to be weak in July across most historical averages (5y, 10y, 15y, 20y).
July is historically bearish for USDJPY, especially in the second half of the month.
This seasonality contrasts with COT flows → mixed bias.
RETAIL SENTIMENT
60% of retail traders are SHORT → supports contrarian long view.
Retail volume shows imbalance in positioning, another contrarian bullish signal.
📈 TECHNICAL ANALYSIS (DAILY CHART)
Price is testing a key weekly FVG zone between 148.4 and 149.2.
RSI has re-entered the overbought region, suggesting potential exhaustion.
Price bounced from the monthly bullish order block (143.5–144.0).
A clear move above 149.50 could invalidate short setups.
🧩 TRADE IDEA (SETUP)
Watch for price to retest 148.4–149.50 zone and react.
RSI divergence + seasonality could offer a short opportunity with confirmation (e.g. engulfing on Daily/H4).
If price breaks above 149.5 with volume → look for continuation to 152.00.
✅ FINAL BIAS
Macro and institutional flows remain in favor of USDJPY longs, but:
Seasonality turns bearish in the second half of July
Price is reaching strong resistance
Retail sentiment supports the long thesis
→ Tactical Short from 149-150 only with confirmation. Otherwise, long continuation above 150.
11.07.25 USDJPY Trade Recap + Re-Entry for +2.5%A long position taken on USDJPY for a breakeven, followed by a premature re-entry that I took a loss on. I also explain the true re-entry I should have taken for a 2.5% win.
Full explanation as to why I executed on these positions and also more details around the third position that I did not take.
Any questions you have just drop them below 👇
Forex Market Depth Analysis and Trading StrategiesForex Market Depth Analysis and Trading Strategies
Forex market depth analysis offers traders a deeper understanding of currency market dynamics. It reveals the real-time volume of buy and sell orders at different prices, which is crucial for assessing liquidity and trader sentiment. This article explores how to analyse and use market depth for trading, discussing various strategies and their limitations.
Forex Market Depth Explained
Market depth meaning is the volume of buy and sell orders at different price levels. It's a real-time snapshot of the pair’s liquidity and depth of supply (sell orders) and demand (buy orders). Traders use this information to gauge the strength and direction of a currency pair.
This depth is typically represented through an order book, displaying a currency pair’s existing orders at various price points. This book lists the number of units being bid or offered at each point, giving us insight into potential support and resistance levels. For instance, a large number of buy orders at a certain price level may indicate a strong support area, suggesting that many traders are willing to purchase the currency pair at this price.
Understanding market depth is crucial in assessing the likelihood of trades being executed at desired prices, especially in fast-moving currencies or when trading large volumes. It may help in identifying short-term price movements, offering a more nuanced view of an asset beyond just candlestick charts.
How to Analyse Market Depth
Analysing order flow is a fundamental aspect of market depth trading, providing traders with valuable insights into the supply and demand dynamics of forex pairs. Forex market depth can be assessed using various tools and indicators.
One key tool is the Depth of Market (DOM), which shows the number of buy and sell orders pending at different prices. DOM offers a visual representation of the currency pair’s order book, highlighting potential areas where large orders are placed. We can use such information to identify significant support and resistance levels where the pair might experience a turnaround.
Another essential tool is Level II quotes. These quotes provide detailed information about the price, volume, and direction of every trade executed in real-time. By analysing Level II quotes, traders may be able to identify the pair’s momentum and potential trend shifts. For example, if there is a sudden increase in sell orders at a particular price, it may indicate a potential downward movement, prompting us to adjust our positions accordingly.
Strategies Using Market Depth Analysis
In forex trading, market depth analysis is a crucial tool for understanding and executing a depth of market strategy. Here's how traders can leverage this type of analysis in their strategies:
Scalping Strategy
By closely observing the DOM, scalpers can identify minor price movements and liquidity gaps. For instance, if the DOM shows a large number of sell orders at a slightly higher price, a scalper might open a short position, anticipating a quick downturn. This strategy relies on fast, short-term trades, capitalising on small price changes.
Momentum Trading
Momentum traders use the order book to gauge the strength of a trend. By analysing the order flow and volume, they can determine if a trend is likely to continue or reverse. For example, a surge in buy orders at increasing prices may signal a strong upward momentum, prompting a trader to enter a long position. Conversely, a build-up of sell orders might indicate a potential downward trend.
Support and Resistance Trading
Depth analysis is invaluable for identifying key support and resistance levels. Clusters of orders often act as barriers, influencing price movements. Traders may use these levels to set entry and exit points. For example, a large number of buy orders at a specific price may indicate a strong support zone, reflecting a potentially good entry point for a long position.
Breakout Trading
Traders seeking breakout opportunities can use market depth to spot potential breakout points. A significant accumulation of orders just beyond a known resistance or support level may indicate a potential breakout. If the pair moves past these areas with high volume, it could signal the start of a new trend, potentially offering a lucrative trading opportunity.
Integrating Market Depth with Technical Analysis
Integrating a depth chart trading strategy with technical analysis may enhance decision-making, combining the real-time insights of depth charts with the power of technical indicators. For instance, we can use market depth to confirm signals from technical analysis tools.
If a moving average crossover suggests a bullish trend, a corresponding increase in buy orders in the depth chart may reinforce the signal. Similarly, a significant resistance level identified through technical analysis, such as a Fibonacci retracement level, might be substantiated if there’s a large accumulation of sell orders at that price point.
Risks and Limitations of Market Depth Analysis
While market depth analysis is a valuable tool in forex trading, it comes with certain risks and limitations:
- Dynamic and Fast-Changing Data: Order book data is highly dynamic, often changing within seconds, making it challenging to base long-term strategies solely on such information.
- Lack of Centralisation in Forex: Unlike stock exchanges, the forex market lacks a centralised exchange. This decentralisation means depth data might not represent the entire marketplace accurately.
- Susceptibility to 'Spoofing': Large players might place and quickly withdraw large orders to manipulate market depth perception, misleading other traders. It’s worth noting that spoofing is illegal in many jurisdictions.
- Limited Usefulness in Highly Liquid Markets: In highly liquid pairs, the depth of market data may become less relevant, as large orders are quickly absorbed without significantly impacting prices.
- Dependency on Broker's Data: The reliability of order book data depends on the broker's technology and the size of their client base, which can vary widely.
The Bottom Line
Market depth analysis provides critical insights for forex traders, though it's vital to recognise its dynamic nature and limitations. Integrating it with technical analysis may create robust trading strategies.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Lingrid | USDJPY Pullback From the Key Resistance ZoneThe price perfectly fulfilled my previous idea . FX:USDJPY is moving inside an upward channel after reclaiming support near 145.25 and breaking out from its previous range. The pair printed a higher low and is now approaching resistance around 146.78, testing the upper boundary of the ascending channel. If it fails to break through the red resistance trendline, a retracement toward the 145.25–145.00 support is likely.
📈 Key Levels
Buy zone: 146.78 - 147.00
Sell trigger: rejection from 146.78 and lower high below resistance
Target: 145.25
Buy trigger: bullish breakout above 147.00 with momentum confirmation
💡 Risks
Price rejection near 146.78 may cause a sharp pullback
A surge above 147.00 breaks trendline structure
Market reaction to macro data could distort short-term pattern
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
USDJPY: Up to +2000 Pips Move! Stay Tuned USDJPY has been accumulating for a long time, and we are confident that the price will enter the distribution phase. This phase will be extremely bullish, leading the price to new record highs and potentially surpassing 160. We wish you the best in trading and have a great week ahead.
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USDJPY 30Min Engaged (Bearish Reversal Entry Detected )➕ Objective: Precision Volume Execution
Time Frame: 30-Minute Warfare
Entry Protocol: Only after volume-verified breakout
🩸 Bearish Reversal From : 146.400
➗ Hanzo Protocol: Volume-Tiered Entry Authority
➕ Zone Activated: Dynamic market pressure detected.
The level isn’t just price — it’s a memory of where they moved size.
Volume is rising beneath the surface — not noise, but preparation.
🔥 Tactical Note:
We wait for the energy signature — when volume betrays intention.
The trap gets set. The weak follow. We execute.
USDJPY 4HR Analysis on a bullish outlookUSDJPY - Short term bullish on DXY - I have my doubts on DXY still being bullish but I do like this scenario.
