USD Set To bounce? EUR/USD, USD/JPY, USD/CHFIt has been a week since the US dollar plunged following a weak NFP report. Given it has consolidated within a tight range near last week's low, alongside price action clues on EUR/USD, USD/JPY and USD/CHF, I suspect the dollar could bounce before its losses resume.
Matt Simpson, Market Analyst at City Index and Forex.com
USDJPY trade ideas
USDJPY potential buy area!USDJPY 4H price has formed 2 important impulse and started to move back to the upside with new series of higher high and higher low showing a potential trend continuation.
Daily price is just crossed above 10ema and may pullback to daily 10ema which is also 4h support an important level where a bullish trade is high probale.
USDJPY BUY Setup – Institutional Analysis After a liquidity grab above the daily open, price broke structure to the downside (BOS), then returned to mitigate a bearish Order Block. This mitigation aligns with a clean Fair Value Gap (FVG) and shows signs of bullish intent as price remains above yesterday’s open.
I'm anticipating a bullish continuation from this zone, targeting key liquidity levels.
USD-JPY Local Short! Sell!
Hello,Traders!
USD-JPY made a retest
Of the horizontal resistance
Of 148.101 from where we
Are already seeing a bearish
Reaction so we will be
Expecting a further
Bearish move down
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USDJPY BUY IDEA1. Ascending Channel Structure
Price has been respecting a rising channel for several weeks.
Currently testing channel support (lower trendline).
This suggests a critical decision point: bounce or break.
2. 200 EMA (likely)
Price is hovering just above a long-term moving average, acting as dynamic support.
A clean break below this could trigger bearish momentum.
3. Support & Resistance Zones
A gray demand zone aligns with recent consolidation (support area).
Price is hovering near this demand zone, meaning buyers could step in here.
Overhead resistance (at ~151.045) marks the final target zone for the long setup.
4. Long Position Markup
A buy setup is marked with:
Entry: Around 147.150
Stop Loss: Around 146.385
Take Profit: 151.045
Risk-Reward Ratio: ~1:5 (very favorable)
5. Bearish Candlestick Pressure
Recent candles show multiple rejections and pressure near structure.
But no clean break below the trendline or EMA yet.
USDJPY
The market is currently in a "decision zone", meaning price action around current levels will determine the next major move.
Direction Probability Confirmation Condition
📈 Bullish move to 155.733 ✅ 60–65% Hold above 147 support and break above 151 resistance
📉 Bearish move to 144/140 ❌ 35–40% Confirmed daily candle break below 147 level
USDJPY TRADE IDEA – LIQUIDITY GRAB & POTENTIAL DROP📉 USDJPY TRADE IDEA - LIQUIDITY GRAB & POTENTIAL DROP 💣
07 August 2025 | USDJPY | 30m TF
Following recent bullish corrective movement, price has now tapped into a premium supply zone marked by a previous inefficiency and liquidity buildup.
After sweeping short-term internal liquidity, USDJPY rejected cleanly from the marked POI, showing signs of exhaustion. With the overall market structure still favoring lower highs and lower lows, this area could serve as a strong distribution zone.
🧭 Current Bias:
I am anticipating price to reject deeper into the 146.622 region, aiming for liquidity resting below last week's low. Trade is active, and confirmation aligns with:
Bearish BOS on lower TFs
Strong reaction from premium zone
Favorable risk-to-reward setup (as seen in the projection box)
💡 Why this setup matters:
High probability reversal zone tapped
Confluence of imbalance + internal liquidity grab
Clear downside inefficiencies yet to be filled
Patience now becomes the strategy, letting price unfold to target the liquidity voids below.
#USDJPY #ForexSetup #SmartMoney #PriceAction #LiquidityGrab #OrderBlocks #SupplyZone #MarketStructure #TradeSmart #FXForecast #TradingPsychology #JpyTraders #ForexNigeria
USDJPY Is Bullish! Buy!
Please, check our technical outlook for USDJPY.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 148.480.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 149.489 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
USDJPY drop evidentMulti-dimensional reasoning on market data shows that the current multi-party confidence continues to weaken, and the willingness to participate on the long side is insufficient. In the high-frequency trading trajectory, the system captures the typical weak market structure of "failed tentative rebound - active selling pressure intensifies - short-side active attack".
At the public opinion level, keywords such as "weak rebound", "overreaction to bearishness" and "emotional imbalance" appear frequently, and users and analysts are generally inclined to judge short-term weakness in their discussions. In conjunction with real-time capital flow monitoring, we found that small and medium-sized investors are accelerating their exodus behavior, and the short game structure is forming an advantage.
In the current market environment, the rebound is mostly technical or short-term liquidity replenishment triggered by weak sustainability, the strong pressure structure has not yet been destroyed. We suggests focusing on the "rebound - pressure - fall" short-term game window.
USDJPY POSSIBLE CONTINUATION USDJPY is likely to continue in an uptrend after breaking the last high, confirming a CHOCH (change of Character), shifting market structure and indicating Buyers are currently in control.
This break opened up two clear Demand Zone below, a small base or last bearish candle before the rise, which is a key area where unfulfilled buy orders may be resting.
Price has retraced into the first demand zone so let's watch to see how it reacts, I will enter once I get a confirmation. but if it breaks I will wait for the last zone to be hit and look for an entry to follow the bullish trend.
Target:
The first Target Profit (TP) is set at the next supply Zone above, where selling pressure might emerge.
Stop Loss:
To control risk, the Stop Loss (SL) is placed just below the demand Zone.
If price drops below this areas, it would invalidate the demand’s ability to hold, signalling a potential reversal.
USDJPY Showing Bullish Correction USDJPY is currently testing a key support level, with the US dollar showing recovery since the beginning of the session. This bullish momentum is giving the pair a chance to climb higher.
Technical Overview:
The price is approaching the local support zone near 147.50. Bullish momentum is building from this level. If the price holds above 147.50, it could trigger further upside movement Upside Targets will be 148.50 and also 150.20
You May find more details in the chart,
Trade wisely Best of Luck Buddies.
Ps; Support with like and comments for better analysis Thanks Traders.
"USDJPY Smart Money Play | Bullish Rejection at Key Demand ZoneUSDJPY showing textbook Smart Money behavior!
✅ Key Highlights:
Bullish ChoCH and Break of Structure (BOS)
Strong bounce from the Demand Zone near 145.86 (marked Strong Low)
Retest of the Bullish Trendline inside the Upward Channel
Expecting continuation to TARGET area (150.76)
Lower Timeframe Entry: Look for confirmation on M15/M30 near 147.23
🧠 Smart money concepts at play:
Mitigation of previous lows
Liquidity sweep followed by bullish intent
Market structure shifting back to bullish
📈 Bias: Bullish
🎯 Short-term Target: 150.76 (Resistance Area)
🛑 Invalid if clean break below 145.86