Get started

U.S. Dollar / Japanese Yen

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

USDJPY trade ideas

UJ - Long to Short📈 USDJPY 15min – ELFIEDT RSI + Reversion Signal Walkthrough 🧠 Precision Signals | High-Probability Reversals | Real Trades Visualized This chart showcases how the ELFIEDT RSI + Reversion indicator identified actionable buy and sell opportunities on the 15-minute USDJPY chart. 🟩 Buy Signals: Triple Confluence at Session Lows In the early hours, the indicator printed three consecutive UP signals around 02:30, marking a sharp reversion zone after a strong decline. This type of signal stack often suggests: Oversold conditions aligning with broader momentum shifts A high-probability reversal entry zone 🔹 Hypothetical trade: Enter long at the close of the third UP signal. 📌 Stop-loss: Just below the swing low of the signal candle 🎯 Exit: On opposing signal (or trailing stop) – delivering a clean upward move from ~145.85 to ~146.90+ 🟥 Sell Signal: Precise Top Call Around 17:15, the indicator printed a DOWN signal at the exact high of the session. This marks exhaustion after an extended rally and primes for a mean reversion short. 🔹 Hypothetical trade: Enter short at the signal close (~146.85–147.00 range) 📌 Stop-loss: Just above the session high 🎯 Exit: As price reverts to ~146.20 or based on trailing criteria This single trade could have yielded over 60 pips. ✅ What Makes This Indicator Powerful? ELFIEDT RSI + Reversion combines proprietary logic with time-tested reversal patterns. The signals are designed to be: Fast-acting, yet filtered for noise Non-repainting, and context-aware Based on unique market conditions, not just raw RSI thresholds 🎁 Want access to more advanced versions? This is just a public demo of what the ELFIEDT engine can do. For access to exclusive multi-layered strategies (including divergence, trendline breaks, multi-timeframe filters), reach out directly. 📩 DM to get whitelisted for premium tools available only to select users. #USDJPY #ReversionTrading #RSI #ForexSignals #ELFIEDT #SmartMoney #MeanReversion #TradingView #FXStrategy
Long
by ElfieTrader
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 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by KABHI_TA_TRADING
44
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.
Long
by Path_Of_Hanzo
6
USDJPY The Target Is DOWN! SELL! My dear friends, Please, find my technical outlook for USDJPY below: The price is coiling around a solid key level - 147.41 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 146.00 Safe Stop Loss - 148.14 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
Is the US dollar taking a breather against the Japanese yen?After the recent rebound of the US dollar following two quarters of decline, the USD/JPY pair has been on an upward trajectory, forming a series of higher highs on both the 4-hour and daily charts. However, the recent drop below the 146.515 level and the formation of a new low suggests a potential shift in trend on the 4-hour timeframe from bullish to bearish. This could signal a possible pullback in the short to medium term, with the first short-term target located at the 146.084 level. The bearish scenario would be invalidated if the price rises above 147.179 and a 4-hour candle closes above that level.
by CFI
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.
Education
by FXOpen
2
Fundamental Market Analysis for July 11, 2025 USDJPYThe dollar is holding steady at 146.500 against the yen: another rise in US yields and stable demand for safe US assets following comments from the Fed are fueling appetite for the USD, while demand for the JPY remains sluggish. The tariff front exacerbates the imbalance: the White House has already imposed 25% tariffs on Japanese goods, and new ideas for “umbrella” tariffs are heightening fears of a trade war, forcing investors to flow into financing currencies. Reuters notes that the yen weakened to 146.400, recording a weekly decline of more than 1%. At the same time, the Bank of Japan is not yet ready for aggressive tightening: a decline in inflation to 1.8% y/y and weak real wage dynamics make it difficult to raise rates above 0.5%. The divergence in monetary policy and expectations for Japanese macro data (machine tool orders, industrial production) until July 14 form the fundamental basis for the pair's growth to 147.500 and above, while the risks of correction are limited to the 145.900 zone. Trading recommendation: BUY 146.500, SL 145.900, TP 147.500
Long
by Fresh-Forexcast2004
XABCD Double Top Hello traders! I hope you’ve had a productive trading week. Let’s take a look at USDJPY, where we’re wrapping up the week with a textbook XABCD Double Top formation. 📍 Structure Overview Price action completed an extended XABCD formation, with D printing a perfect double top around the 147.17 level. The move from C to D aligns closely with the prior XA leg, showing strong symmetry in price. D terminates precisely within the PCZ (Potential Completion Zone), aligning with both 78.6% and 100% extensions. 🎯 Bearish Targets Below If this Double Top confirms with bearish follow-through, the structure offers a clean setup with downside targets: Target 1: 145.35 (100%) Target 2: 144.96 (127.2%) A break below point C (146.13) would further validate the bearish thesis. 🧠 Pattern Highlights XABCD geometry Strong price symmetry Completion into previous high (resistance) Clear target zone for risk-defined trades
Short
by TradeChartPatternsLikeThePros
1
USDJPY | Supply zone rejection 💣📉Price ran out internal liquidity, tapped into a refined supply zone, and showed early signs of distribution. Entry taken post-confirmation at the mitigation of the order block, with a clean R:R toward the next demand zone. 🔹 BOS + Liquidity Grab 🔹 Supply Zone Rejection 🔹 Premium Pricing Entry 🔹 Targeting unmitigated demand below (HTF imbalance) Setup is built around smart money principles—waiting for price to deliver the sell-off. Clean and mechanical. #SMC #USDJPY #SmartMoney #LiquiditySweep #FXTradingClub #MarketStructure
Short
by sam_trades_smc