U.S. Dollar / Japanese Yen

No trades
See on Supercharts

U.S. Dollar / Japanese Yen forum



USDJPY Daily is screaming sell specially if you also look at EURUSD(Very Bullish)
Snapshot

USDJPY
This pair is expected to experience a significant drop. Do not buy in this range.
It will likely return to the 147 range soon and needs some correction first.





USDJPY major confirmation support is at 145.00 — this is the key level to watch for trend continuation.

As long as price remains below 148.025, the bias remains bearish in the short term.

If the price falls to the 145.00–146.00 zone and shows reversal signs, it could become a buy zone.

Traders may look to take profit near 146.00 initially, and consider adding to positions on a break of 147.00.

The best buy zone lies between 145.00–146.00, ideally after a confirmed bullish reversal pattern appears.

USDJPY USDJPY is currently at 147.724, offering a potential sell opportunity based on technical resistance.

The immediate resistance level is at 149.025, which can be used as a stop-loss for the short position.

The pair has shown bearish signals near this resistance, suggesting downside momentum.

Initial support is seen at 147.00 — a break below this could confirm further bearish continuation.

The next support level lies at 146.00, where price may pause or consolidate.