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Mexiguero
USDJPY Congratulations on yesterdays trade guys. Does who followed made good profit. Follow me to stay updated on new ideas.
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USDJPY
2/2 Summary

Key Levels

Daily & 4-Hour Support and Resistance

Daily Support Levels: 142.534, 143.000, 144.000
Daily Resistance Levels: 145.000, 146.000, 148.654

4-Hour Support Levels: 143.200, 142.800, 142.500
4-Hour Resistance Levels: 143.800, 144.500, 145.000

Exponential Moving Average (EMA) Levels

Daily EMA Levels:

EMA 50: 144.250
EMA 100: 143.800
EMA 200: 143.200
EMA 400: 142.800

4-Hour EMA Levels:

EMA 50: 143.600
EMA 100: 143.300
EMA 200: 143.000
EMA 400: 142.700

Weekly Pivots

Weekly Pivot Point: 144.500
Weekly Resistance Levels: 145.500, 146.500
Weekly Support Levels: 143.500, 142.500

Daily Pivots

Daily Pivot Point: 143.800
Daily Resistance Levels: 144.500, 145.000
Daily Support Levels: 143.200, 142.800

Fibonacci Retracement Levels

23.6% Level: 144.157
38.2% Level: 143.666
50% Level: 143.094
61.8% Level: 142.523

Fundamental Analysis and Upcoming USD News

As we look ahead, several key economic indicators are set to impact the USDJPY market:

Federal Reserve Meetings: The next Federal Open Market Committee (FOMC) meeting is scheduled for June 2025. Traders will be closely monitoring any hints regarding interest rate changes, which could significantly affect the USD's strength against the yen.

Non-Farm Payroll (NFP) Report: The upcoming NFP report will be released in early June 2025. A stronger-than-expected jobs report could bolster the USD, while a disappointing figure may weaken it.

Inflation Data: Consumer Price Index (CPI) data is also due soon, which will provide insights into inflationary pressures and influence Federal Reserve policies.

These economic indicators will play a crucial role in shaping market sentiment and potentially affect the USDJPY price trajectory.

Conclusion

In summary, the USDJPY market is currently showing bullish tendencies, supported by various technical indicators and upcoming fundamental data. Traders should remain vigilant around key support and resistance levels, as well as the implications of forthcoming economic reports. By utilizing a comprehensive approach that combines technical analysis with a keen understanding of fundamental factors, traders can position themselves effectively in this dynamic market.
USDJPY
1/1 USDJPY Daily Market Analysis—May 23, 2025

Introduction

The USDJPY currency pair is a significant focus for traders, given its volatility and the economic indicators that influence its movement. As of today, the live market price is 143.442 USD. This analysis will delve into the daily and 4-hour timeframes, employing various technical indicators such as Fibonacci retracement levels, Exponential Moving Averages (EMAs), RSI divergence, and more, to provide a comprehensive overview of the current market landscape.

Market Analysis

Current Price Overview

Current USDJPY Price: 143.442 USD
Swing High: 148.654
Swing Low: 142.534

Support & Resistance Levels

Daily Timeframe

Support Levels:

Level 1: 142.534 (Swing Low)
Level 2: 143.000 (Psychological Level)
Level 3: 144.000 (Round Number)

Resistance Levels:

Level 1: 145.000 (Round Number)
Level 2: 146.000 (Psychological Level)
Level 3: 148.654 (Swing High)

4-Hour Timeframe

Support Levels:

Level 1: 143.200 (Recent Low)
Level 2: 142.800 (Minor Support)
Level 3: 142.500 (Key Support)

Resistance Levels:

Level 1: 143.800 (Recent High)
Level 2: 144.500 (Minor Resistance)
Level 3: 145.000 (Round Number)

Fibonacci Retracement Levels

Using the swing high of 148.654 and swing low of 142.534, the Fibonacci retracement levels are calculated as follows:

23.6% Level: 144.157
38.2% Level: 143.666
50% Level: 143.094
61.8% Level: 142.523

These levels provide potential reversal points, with the 38.2% and 50% levels acting as critical areas for traders to watch.

Exponential Moving Averages (EMA)

Daily Timeframe

EMA 50: 144.250
EMA 100: 143.800
EMA 200: 143.200
EMA 400: 142.800

The EMAs indicate a bullish trend as the price is currently above the 50 EMA, suggesting upward momentum.

4-Hour Timeframe

EMA 50: 143.600
EMA 100: 143.300
EMA 200: 143.000
EMA 400: 142.700

The 4-hour EMAs also reflect a bullish sentiment, with the price trading above the shorter EMAs.

RSI Divergence

The Relative Strength Index (RSI) on both timeframes shows potential divergence:

Daily RSI: Currently at 60, indicating bullish momentum but approaching overbought territory.
4-Hour RSI: At 55, showing a similar trend. A divergence might signal a potential reversal or correction.

Order Blocks

Order blocks are significant areas where large institutional players have placed orders. Key order blocks to note are:

Daily Order Block: Around 144.000, where buying interest has previously emerged.
4-Hour Order Block: Near 143.200, indicating strong support.

MACD Analysis

The Moving Average Convergence Divergence (MACD) indicator shows:

MACD Line: Above the Signal Line, indicating bullish momentum.
Histogram: Positive, suggesting that the upward trend may continue.
Lulzhat
USDJPY lovely :) now looking for long swing
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