📊 USD/JPY Price Action Update – April 7, 2025 🎯
🔹 Current Price: 147.276
🔹 Timeframe: 15M
📌 Key Support Levels (Demand Zones):
🟢 147.200–147.284 – First Support Zone (Liquidity Area)
📌 Key Resistance Levels (Fair Value Gaps - FVGs & Supply Zones):
🔴 147.647 – First Resistance (FVG)
🔴 149.133 – Major Resistance (Potential Target)
📈 Bullish Scenario:
If price respects the 147.200–147.284 demand zone, we could see a push toward 147.647.
A breakout above 147.647 could indicate further bullish momentum toward 149.133.
📉 Bearish Scenario:
If price fails to hold 147.200, a deeper retracement is likely.
Next downside target could be below 147.000, breaking market structure.
⚡ Trading Tip:
✅ Look for confirmations like bullish candlestick rejections before entering buys.
✅ Monitor reactions at FVG zones for potential reversal trades.
✅ Use proper risk management when trading breakout zones.
#USDJPY #ForexTrading #PriceAction #TechnicalAnalysis #SmartMoney #ForexSignals #JPY #ForexMarket #LiquidityZone #SmartMoneyConcepts #FVG #ScalpSetup #BreakoutStrategy #IntradayForex
🔹 Current Price: 147.276
🔹 Timeframe: 15M
📌 Key Support Levels (Demand Zones):
🟢 147.200–147.284 – First Support Zone (Liquidity Area)
📌 Key Resistance Levels (Fair Value Gaps - FVGs & Supply Zones):
🔴 147.647 – First Resistance (FVG)
🔴 149.133 – Major Resistance (Potential Target)
📈 Bullish Scenario:
If price respects the 147.200–147.284 demand zone, we could see a push toward 147.647.
A breakout above 147.647 could indicate further bullish momentum toward 149.133.
📉 Bearish Scenario:
If price fails to hold 147.200, a deeper retracement is likely.
Next downside target could be below 147.000, breaking market structure.
⚡ Trading Tip:
✅ Look for confirmations like bullish candlestick rejections before entering buys.
✅ Monitor reactions at FVG zones for potential reversal trades.
✅ Use proper risk management when trading breakout zones.
#USDJPY #ForexTrading #PriceAction #TechnicalAnalysis #SmartMoney #ForexSignals #JPY #ForexMarket #LiquidityZone #SmartMoneyConcepts #FVG #ScalpSetup #BreakoutStrategy #IntradayForex
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
fxforever
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.