U.S. Dollar / Japanese Yen

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USDJPY
2/2 Summary Key Levels

Daily & 4-Hour Support and Resistance

Daily Support: 145.500, 144.800, 144.200
Daily Resistance: 147.000, 147.500, 148.000

4-Hour Support: 146.300, 145.800, 145.200
4-Hour Resistance: 146.800, 147.200, 147.600

Exponential Moving Average (EMA) Levels

Daily EMA:

EMA 50: 145.600
EMA 100: 144.900
EMA 200: 143.500
EMA 400: 142.000

4-Hour EMA:

EMA 50: 146.200
EMA 100: 145.800
EMA 200: 145.000
EMA 400: 144.300

Weekly Pivots

Weekly Pivot Point: 146.500
Weekly Resistance 1: 147.200
Weekly Support 1: 145.800

Daily Pivots

Daily Pivot Point: 146.600
Daily Resistance 1: 147.100
Daily Support 1: 146.200

Fibonacci Retracement Levels

23.6%: 146.800
38.2%: 145.900
50.0%: 145.357
61.8%: 144.800

Fundamental Analysis and Upcoming USD News

📈 Upcoming USD News: Traders should keep an eye on the following upcoming economic events that could significantly impact the USDJPY market:

US Consumer Price Index (CPI): Scheduled for July 12, 2025, this report will provide insights into inflation trends, which can influence the Federal Reserve's monetary policy decisions.

US Retail Sales: Expected on July 15, 2025, this data will gauge consumer spending, a key driver of economic growth.
Federal Reserve Meeting Minutes: Set for July 19, 2025, these minutes will shed light on the Fed's future policy direction, affecting market sentiment.

The outcomes of these reports could lead to increased volatility in the USDJPY market, making it essential for traders to stay informed.

Conclusion

In conclusion, the USDJPY currency pair is currently in a bullish trend, supported by various technical indicators and market dynamics. However, with the RSI indicating overbought conditions and upcoming economic news that could influence the USD, traders should remain vigilant. By closely monitoring key support and resistance levels, EMAs, and fundamental news, traders can position themselves effectively in this dynamic market environment.

USDJPY
1/1 🟡 USDJPY Daily Market Analysis—July 9, 2025

Introduction

In this detailed analysis, we will delve into the current market dynamics of the USDJPY currency pair, focusing on both daily and 4-hour time frames. With the live price currently at 146.664 USD, we will utilize various technical indicators, including Fibonacci Retracement Levels, Exponential Moving Averages (EMA), RSI divergence, Weekly and Daily Pivots, Smart Money Concepts (SMC), Support & Resistance Levels, Order Blocks, and the MACD indicator. This comprehensive overview aims to provide traders and investors with insights to navigate the market effectively.

Market Analysis

Current Price Overview

The USDJPY is currently trading at 146.664, situated between significant swing levels. The recent swing high stands at 148.032, while the swing low is at 142.682. Understanding the context of these levels is crucial for identifying potential price movements.

Support and Resistance Levels

Daily Time Frame

Support Levels:

First Support: 145.500
Second Support: 144.800
Third Support: 144.200

Resistance Levels:

First Resistance: 147.000
Second Resistance: 147.500
Third Resistance: 148.000

4-Hour Time Frame

Support Levels:

First Support: 146.300
Second Support: 145.800
Third Support: 145.200

Resistance Levels:

First Resistance: 146.800
Second Resistance: 147.200
Third Resistance: 147.600

Fibonacci Retracement Levels

Fibonacci levels offer valuable insights into potential retracement areas. The key Fibonacci retracement levels based on the recent swing high and low are:

23.6%: 146.800
38.2%: 145.900
50.0%: 145.357
61.8%: 144.800

These levels correspond closely with our identified support and resistance areas, enhancing their significance.

Exponential Moving Averages (EMA)

Daily Time Frame

EMA 50: 145.600
EMA 100: 144.900
EMA 200: 143.500
EMA 400: 142.000

The EMAs indicate a bullish trend in the short term, as the price remains above the 50 EMA, suggesting continued upward momentum.

4-Hour Time Frame

EMA 50: 146.200
EMA 100: 145.800
EMA 200: 145.000
EMA 400: 144.300

In the 4-hour time frame, the EMAs also reflect a bullish sentiment, with the price consistently above the shorter-term EMAs.

RSI Divergence

The Relative Strength Index (RSI) on the daily time frame currently shows a reading of 65, indicating that the USDJPY is in overbought territory. However, the divergence observed between price and RSI suggests potential weakness in the current bullish momentum. Traders should watch for any signs of a reversal or consolidation in the near future.

Order Blocks

Identifying order blocks can provide insights into potential price reversals. The following order blocks have been identified:

Bullish Order Block: 144.800 - 145.200
Bearish Order Block: 147.500 - 147.800

These order blocks will be crucial in determining future price action, particularly if the market approaches these levels.

MACD Analysis

The MACD indicator shows a bullish crossover, with the MACD line above the signal line. This suggests continued bullish momentum in the market. However, traders should remain cautious, as the RSI indicates overbought conditions.