U.S. Dollar / Japanese Yen

No trades
See on Supercharts

U.S. Dollar / Japanese Yen forum







USDJPY
2/2 Summary of Key Levels

Daily & 4-Hour Support and Resistance

Daily Support Levels: 145.854, 145.000, 144.500
Daily Resistance Levels: 149.189, 149.500, 150.000
4-Hour Support Levels: 147.000, 146.500, 146.200
4-Hour Resistance Levels: 148.000, 148.500, 149.000

Exponential Moving Average (EMA) Levels

Daily EMA Levels:

EMA 50: 147.300
EMA 100: 146.800
EMA 200: 146.000
EMA 400: 144.500

4-Hour EMA Levels:

EMA 50: 147.600
EMA 100: 147.200
EMA 200: 146.900
EMA 400: 146.000

Weekly Pivots

Weekly Pivot Point: 147.500
Resistance Levels: 148.000, 148.500
Support Levels: 147.000, 146.500

Daily Pivots

Daily Pivot Point: 147.300
Resistance Levels: 147.800, 148.000
Support Levels: 147.000, 146.500

Fibonacci Retracement Levels

23.6% Level: 147.500
38.2% Level: 147.000
50% Level: 147.800
61.8% Level: 148.500

Fundamental Analysis and USD News

To better understand the factors influencing the USDJPY market, it is essential to consider upcoming economic events that may impact currency movements.

Important Upcoming USD News:

Non-Farm Payrolls (NFP) Report: Set to be released this month, the NFP report will provide critical insights into employment trends in the U.S. A robust employment report could strengthen the USD, potentially impacting the USDJPY exchange rate.

Federal Reserve Meetings: Anticipated discussions regarding interest rates and monetary policy will be crucial. Any changes or hints towards future policy adjustments could lead to increased volatility in the forex market.
Inflation Data Releases: The upcoming Consumer Price Index (CPI) report will be essential for traders. Higher inflation rates could lead to speculation about interest rate hikes, affecting the USD's strength against the JPY.
These upcoming events will significantly shape market expectations and influence the USDJPY currency pair's price movements.

Conclusion

The current analysis of USDJPY highlights critical support and resistance levels alongside valuable insights from various technical indicators. As traders navigate the forex market, understanding these levels and indicators is vital for making informed trading decisions.

USDJPY
1/1 🟡 USDJPY Daily Market Analysis—August 4, 2025

Introduction

In the dynamic world of forex trading, staying informed about market movements and trends is essential for traders. Today, we analyze the USDJPY currency pair, currently priced at 147.651. This analysis will incorporate various technical indicators, including Fibonacci Retracement Levels, Exponential Moving Averages (EMA), Relative Strength Index (RSI) divergence, Weekly and Daily Pivots, Smart Money Concepts (SMC), Support and Resistance Levels, Order Blocks, and the Moving Average Convergence Divergence (MACD). By understanding these elements, traders can make more informed decisions in their trading strategies.

Market Analysis Overview

Current Market Price: 147.651

Support & Resistance Levels

Daily Time Frame:

Support Levels:

145.854 (Recent Swing Low)
145.000
144.500

Resistance Levels:

149.189 (Recent Swing High)
149.500
150.000

4-Hour Time Frame:

Support Levels:

147.000
146.500
146.200

Resistance Levels:

148.000
148.500
149.000

Fibonacci Retracement Levels

Fibonacci retracement levels are crucial for identifying potential reversal points in the market. Based on the recent swing high of 149.189 and swing low of 145.854, the key Fibonacci levels are:

23.6% Level: 147.500
38.2% Level: 147.000
50% Level: 147.800
61.8% Level: 148.500

These levels serve as potential areas of support or resistance as price action retraces.

Exponential Moving Averages (EMA)

Daily EMA Levels:

EMA 50: 147.300
EMA 100: 146.800
EMA 200: 146.000
EMA 400: 144.500

4-Hour EMA Levels:

EMA 50: 147.600
EMA 100: 147.200
EMA 200: 146.900
EMA 400: 146.000

The EMAs help traders identify trends and potential reversal points, providing a clearer picture of market direction.

RSI Divergence

The Relative Strength Index (RSI) is a valuable tool for assessing momentum. Currently, the RSI shows a bearish divergence, where the price makes higher highs while the RSI forms lower highs. This divergence may indicate a weakening momentum, suggesting a potential price correction or reversal in the near term.

Order Blocks

Order blocks are significant areas where buying or selling pressure has previously influenced price movements. In the current analysis, potential order blocks can be identified near the support levels of 146.500 and 146.200. These zones may act as critical areas for price action, offering potential entry points for traders.

MACD Analysis

The Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator. Currently, the MACD line is positioned above the signal line, indicating bullish momentum. However, traders should remain cautious as the MACD approaches overbought territory, which could lead to a potential reversal.