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U.S. Dollar / Japanese Yen

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USDJPY trade ideas

Fundamental Market Analysis for January 28, 2025 USDJPYThe Japanese yen (JPY) weakened during the Asian session on Tuesday, moving away from the six-week high recorded earlier against the US dollar (USD). The weakening was driven by investor concerns over the impact of US President Donald Trump's trade policy. Tougher rhetoric on trade tariffs, in particular statements about new duties, undermined the yen's position as a defensive asset. An additional pressure factor was the rise in US Treasury bond yields, which attracted capital flows into dollar assets. Amid the recovery of the US dollar, which reached the lowest level since 18 December, the USD/JPY pair approached 155.00. Despite the current weakness of the yen, analysts believe that its significant decline is unlikely. This is due to expectations that the Bank of Japan (BoJ) will continue to raise interest rates, supporting the national currency. On the other hand, the US Federal Reserve (Fed), according to forecasts, may cut interest rates twice in 2025, which will put pressure on the dollar. A rate cut could reduce the attractiveness of US assets and hamper further growth of the USD/JPY pair. Investors will closely follow macroeconomic data and speeches of central bankers. USD/JPY is expected to remain in the range of 154.50-155.50, but any change of rhetoric from the Fed or BoJ can significantly affect the market dynamics. Trade recommendation: Watching the level of 155.00, trading mainly with Sell orders
Short
by Fresh-Forexcast2004
Could the price reverse from here?USD/JPY is rising towards the pivot which is an overlap resistance and could drop to the 1st support. Pivot: 156.60 1st Support: 154.22 1st Resistance: 158.16 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
USD/JPY -H1- Bearish FlagThe USD/JPY Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Bearish Flag Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position around Trendline Of The Pattern. Target Levels: 1st Support – 154.30 2nd Support – 153.52 🎁 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.
Short
by KABHI_TA_TRADING
15
USDJPY BEARISH PROJECTIONUSD/JPY experienced a strong decline, breaking below key hourly support and a significant trend line. The pair has since recovered from its lows, holding near the 50% retracement level and a support zone identified on the left after filling a crucial fair value gap. However, downside momentum still appears likely once the market settles from the current pullback, as the price has fallen below a critical resistance zone. We anticipate further downside movement, with potential retests of the lows at 151.6 and 149.3.
Short
by traderchamp_
USDJPY H4 | Bearish fallBased on the H4 chart, the price is approaching our sell entry level at 155.88, which aligns with a strong resistance level. This level is expected to act as a potential reversal point in the bearish setup. Our take profit is set at 154.142, an overlap support zone where price may find buying interest. The stop loss is placed at 156.894, above the previous swing high, providing room for price fluctuations while ensuring the bearish setup remains valid. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at fxcm.com/au Stratos Global LLC (fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
1
USD/JPY Poised for a Bearish Reversal: Key Zone Retest in FocusUSD/JPY Analysis: Bearish Move Anticipated After Key Zone Retest The USD/JPY currency pair has been exhibiting intriguing price action recently, providing a clear roadmap for traders looking to capitalize on its movements. Let’s break down the current market structure and what it implies for future price direction. Market Structure Overview The pair has been in a sustained bullish trend, showcasing strength with higher highs and higher lows. However, a key pattern recently emerged: 1. Equal High Formation: The bullish momentum saw the pair form an equal high, signaling potential exhaustion in buying pressure at a significant resistance zone. 2. Neckline Break: Following this, the price broke below a crucial neckline, signaling a possible shift in market sentiment from bullish to bearish. 3. Retest and Second Equal High: After breaking the neckline, the price retested the zone and formed another equal high on the neckline, suggesting a strong resistance level and a lack of bullish continuation. Current Price Action The second equal high led to a decisive breakout below the neckline, confirming the bearish intent. However, in typical price action behavior, the market appears to be setting up for a retest of the broken zone before continuing its downward trajectory. Projected Next Move Based on this structure: A retracement to the recently broken zone is highly likely. This retest would serve as a confirmation of the shift from support to resistance. Following the retest, a strong bearish move is anticipated as sellers regain control and drive the pair lower. Trading Implications For traders: 1. Look for Confirmation: Wait for a clear retest of the broken zone and observe for bearish rejection signals, such as bearish engulfing candles or wicks rejecting higher prices. 2. Set Target: 150.749 while stops should be positioned above the retest zone to account for false breakouts. 3. Risk Management: As always, ensure proper risk management to mitigate losses in case the market moves against the setup. Conclusion The USD/JPY pair is showing classic signs of a potential bearish reversal. While the recent equal high and neckline break provide strong technical signals, it is essential to stay patient and wait for a proper retest before entering short positions. Traders should keep an eye on the zone around the neckline for confirmation of bearish momentum. This setup, if validated, could present a lucrative opportunity for those looking to ride the bearish wave. #USDJPY #BTCUSD #XAUUSD #GBPUSD #EURUSD
Short
by VENRAW
1
USD/JPY Market Update: Support Holds and Resistance Levels AheadUSD/JPY has held firm at the support level and is now returning to a buy zone. Currently, the market is at 156.500, with the next resistance level set at 159.000. I’ve explained the market clearly in my chart analysis for easier understanding. If anyone has questions, feel free to ask in the comments or send me a message in my inbox. Thank you for your support—like, comment, and follow for more updates!
by MrStellanSight
USDJPY Potential Reversal Movement Hi Traders what do you think about USDJPY given suggestion in comments. USDJPY Bearish Trend If you expect a bearish trend, you're likely forecasting that the USD will weaken against the JPY, potentially driven by various factors like market sentiment, economic data, or central bank actions. Support and Resistance Levels: Resistance Zone: 157.000 — This is a strong level where the price could struggle to break above. If it faces rejection here, it could reinforce a bearish move. Support Zone: 153.000 — If the price approaches this level, it may find support and potentially reverse, depending on other market factors. If you like this analysis please support my work like and follow Thanks For Love
Short
by FxJennefir
[b]USDJPY 2D:[/b] [i]Technical AnalysisTREND OVERVIEW Downtrend with moderate confidence (38.1%) Trend Score: -80 = entering a downtrend Key resistance at 160.84 (PIVOT HIGH) RESISTANCE: 161.95 (Stop-loss Zone) 160.84 (PIVOT HIGH) 158.60 (Supply Zone) SUPPORT: 154.34 (TP 1) 150.76 (TP 2 / MID PIVOT) 148.12 (TP 3) 144.05 (TP 4) Critical Support: 140.55 139.57 (PIVOT LOW / BUY STOPLOSS) PRICE ACTION A close below 154.34 confirms bearish continuation. Supply Zones at 160.84 and 158.60 holds firm, limiting upside potential. Bearish momentum aligns with the trend, targeting TP levels. TRADE PLAN Enter short positions targeting TP 1–4. Stop-loss: 161.95 (Above key resistance). Monitor 140.55 for possible bullish reversal.
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by ProfessorCEWard
USDJPY Key Support Broken — Bearish Momentum in PlayFOREXCOM:USDJPY has broken below a key support zone, indicating that sellers may have gained control. This area was previously a strong demand zone, but the decisive break suggests bearish momentum is taking over. The current market structure implies the potential for a retest of the broken support level, which could act as resistance before a continuation to the downside. If the price confirms rejection at the retest with bearish candlestick patterns or wicks, I anticipate a further decline toward the 153.700 level, where a stronger demand zone resides. This setup aligns with the concept of a classic break-and-retest scenario, where the market resumes the downward move after a corrective pullback.
Short
by DanieIM
1