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U.S. Dollar / Japanese Yen

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USDJPY trade ideas

USD/JPY 1-hour chart technical analysis next move possible 1. Support Zone (Blue Area at the Bottom) – This marks a strong demand area where price has previously found buyers. 2. Bullish Projection (Black and Blue Arrows) – The chart indicates an expectation of price bouncing from the support zone and moving upwards. 3. Potential Reversal – The price is consolidating near the support, suggesting a possible bullish move if buyers step in. 4. Economic Events (Red Icons) – These could be upcoming news releases that might impact USD/JPY, possibly triggering volatility. The chart suggests a potential buying opportunity if the price holds above the support. Are you planning to trade this setup?
Long
by DavidHills110
USD/JPY Holding Above 151.79 – Breakout or Rejection Next?USD/JPY Technical Analysis – February 18, 2025 The price is stabilizing above the 151.79 support line, indicating a potential move toward the 153.27 resistance. To confirm a bullish continuation, USD/JPY must break above the 153.97 trend resistance, which could push the price further toward 155.10. However, if the price fails to hold above 151.79 and breaks below 151.04, it would signal a bearish trend toward 149.67 and 147.82. Key Levels to Watch 🔹 Pivot Point: 151.79 🔹 Resistance Levels: 153.27, 153.97, 155.10 🔹 Support Levels: 151.04, 149.67, 147.82 📉 Directional Bias: USD/JPY is expected to test 153.27 - 153.97 before deciding whether to break out higher or reject downward toward 151.79. 💬 Will USD/JPY break resistance or face rejection? Drop your thoughts! 👇🔥
Long
by SroshMayi
USD/JPY Pain Chainthe USD/JPY pair remains a market that could have implications across other markets, similar to what we saw last summer when the initial stages of the unwinding carry trade drove a global equity sell-off. In that episode USD/JPY lost a little more than 2,000 pips and this caused strong bearish moves in U.S. equities, particularly the high-flying large cap tech that had rallied for so long from the 2022 lows. But at that point cooler heads prevailed and the Bank of Japan suddenly didn't want to hike rates any longer, and as the USD recovered in Q4, so did USD/JPY. Soon, headlines were proclaiming the return of the carry trade but given the continued cutting stance from the FOMC, that argument didn't make much sense. So far in 2025 and as evidence has mounted that the USD may have topped, there's growing fear that another episode of carry unwind may be before us. Last week saw USD/JPY re-test the 150.00 level, and even as Bank of Japan members sounded in no hurry to hike rates, helping to bring a bounce back above 150.00, an abysmal US PMI print brought bears back, leading to another push below 150.00 as a strong sell-off ensued in USD/JPY. And this time equities similarly sold off and this could be highlighting the shared relationship, of the carry trade driving leverage in high-flying names and the unwind of the carry trade coming with a de-leveraging event across global markets. This isn't a foregone conclusion, however, as we've seen Japanese policy makers help to move markets back from the ledge multiple times already. - js
by FOREXcom
USDJPY → False break of support gives bulls a chanceFX:USDJPY bumps into support and forms a false breakdown of the lower boundary of the local trend. The dollar is strengthening at this time, which may give a chance for growth of the currency pair. The price stops in the zone of strong support, the fundamental background has been unstable lately and depends more on the USA. Everyone has long forgotten about the growth of interest rates in Japan and follows the economic data from the West. Technically, there are two triggers on the chart, one to buy and one to sell, but since the global and local trend is upward, the preference is to buy. If the currency pair is able to consolidate above 151.9 - 151.95, then in the short and medium term we should expect growth to the targets indicated on the chart. Resistance levels: 151.94, 153.7, 153.97 Support levels: 150.95, 149.52 But, if the dollar continues the correction and the bulls fail to realize the false support breakdown, the price return to 150.95 may provoke the support breakout and fall to 148.64. Regards R. Linda!
Long
by RLinda
24
USD/JPY – Retesting key resistance before declineThe market is undergoing a correction after breaking its bullish structure. The weakening US Dollar (USD) has created favorable conditions for other assets, including the Japanese Yen (JPY). USD/JPY is currently retesting the previously broken trendline following a strong downward impulse. On Thursday, the Yen reached its highest level in 10 weeks, pushing USD/JPY down to 149.5. Escalating trade tensions driven by Donald Trump’s aggressive tariff policies have led investors to seek safe-haven assets. Additionally, expectations of a Bank of Japan (BoJ) rate hike have further strengthened JPY’s position in the market. In the short term, USD/JPY may continue a corrective rebound, testing the 0.618 - 0.5 Fibonacci retracement zone before resuming its downward movement.
Short
by Bentradegold
USDJPY CHART TECHNICAL ANALYSIS NEXT MOVE POSSIBLE This chart represents a technical analysis of USD/JPY (U.S. Dollar to Japanese Yen) on the 1-hour timeframe. Key Insights: 1. Support Zone (Blue Area): The price has reached a key support zone around 151.00 - 151.80. Buyers may step in, leading to a potential bullish reversal. 2. Bullish Projection: The black arrow indicates an expected price bounce from the support zone, targeting 152.50 - 153.00. A possible higher low formation suggests a trend shift. 3. Previous Price Action: The market formed a double-wave correction after a strong bullish move. A break above 152.00 could confirm bullish momentum. Trading Implication: If support holds: Look for buy opportunities with targets at 152.50 - 153.00. If support breaks: The price could decline further toward 151.00 or lower. Would you like me to create a short caption for your channel?
Long
by DavidHills110
WEEKLY MARKET OVERVIEW FOR MAJOR CURRENCY PAIRSWEEKLY MARKET OVERVIEW FOR MAJOR CURRENCY PAIRS 1️⃣ NDZUSDT Overall, the weekly (W) and monthly (M) trends are in a SELL direction ⬇️ However, at the beginning of the week, W will correct upwards (BUY) before facing price resistance around 0.589 - 0.592, which is a potential SELL zone ⚠️ Setup: ✅ BUY at the beginning of the week using Rainbow MG3 indicator on H1 - D1 ❌ SELL after price reacts at resistance using Rainbow MG3 on M15 - H4 📊 Projected chart attached 2️⃣ AUDUSDT The overall trend on W and M is SELL, but D1 is currently correcting upwards 🔄 Setup: ✅ BUY H1 - D1 using Rainbow MG3 indicator ❌ SELL H1 - D1 using Rainbow MG3 indicator 🔁 Trade both directions based on Rainbow MG3 signals 📊 Projected chart attached 3️⃣ EURUSDT ✅ BUY H1 - D1 using Rainbow MG3 indicator ❌ SELL H1 - D1 using Rainbow MG3 indicator 🔁 Trade both directions based on Rainbow MG3 signals 📊 Projected chart attached 4️⃣ GBPUSDT ✅ BUY H1 - D1 using Rainbow MG3 indicator ❌ SELL H1 - D1 using Rainbow MG3 indicator 🔁 Trade both directions based on Rainbow MG3 signals 📊 Projected chart attached 5️⃣ USDCAD Setup: ✅ BUY H1 - D1 📊 Projected chart attached 6️⃣ USDJPY Setup: ❌ SELL H4 - W 📊 Projected chart attached ⚡ Trading Signals Confirmation All trade setups require confirmation using the Rainbow MG3 indicator before execution ✅
by rainbow_sniper
USDJPY below psychologically important 150.00 levelThe USDJPY fell below the psychologically important 150.00 level. Markets are pricing in a roughly 84% chance of a 25bps hike at the BoJ July meeting, up from a 70% chance at the start of the month. The USDJPY currency pair price action sentiment appears bearish, supported by the longer-term prevailing downtrend. The key trading level is at 150.80, which is the current swing high. An oversold rally from the current levels and a bearish rejection from the 150.80 level could target the downside support at 149.20 followed by 147.90 and 147.20 levels over the longer timeframe. Alternatively, a confirmed breakout above 150.80 resistance and a daily close above that level would negate the bearish outlook opening the way for further rallies higher and a retest of 152.30 resistance level followed by 154.40. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
USDJPY weaker on hawkish BoJ expectationsThe JPY (Japanese Yen) continues to strengthen against US Dollaar amid rising bets for additional BoJ rate hikes. The USDJPY currency pair price action sentiment appears bearish, supported by the longer-term prevailing downtrend. The key trading level is at 152.50, which is the current swing high. An oversold rally from the current levels and a bearish rejection from the 152.50 level could target the downside support at 149.30 followed by 147.80 and 147.20 levels over the longer timeframe. Alternatively, a confirmed breakout above 152.50 resistance and a daily close above that level would negate the bearish outlook, opening the way for further rallies higher and a retest of 154.30 resistance level followed by 155.70. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
USDJPY - Feb 19 2025 Sell position- CLASSIC!Hey everyone! It's been a while since I last posted—I've been busy refining my prop firm account this 2025. Since January 9, USDJPY has been in a successful distribution phase, so I'm now shifting my HTF bias to a sell position. - Currently riding sell positions targeting 1:2R, 1:3R, and 1:5R (intraday trades). Check the charts for details—just a simple price manipulation setup. This time, though, London got manipulated instead of the Asian session. Classic 1:5RR move! #consistency #tradeforaliving #rightpsychology
Short
by glyrad