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USDJPYHello Traders! 👋 What are your thoughts on USDJPY? USDJPY is moving within a descending channel and has currently reached the top of the channel, just below a resistance zone. We anticipate some consolidation in this area, followed by a potential drop toward the bottom of the channel. For a safer sell entry, it’s better to wait for a break below the specified support level. After the breakout, a pullback to the broken support could offer a good sell opportunity. 💡Will USD/JPY respect the channel and head lower, or break out to the upside? Share your view below! 👇 Don’t forget to like and share your thoughts in the comments! ❤️
Short
by HAMED_AZ
17
USDJPY Short OpportunityPoint and Figure charting is the OG technical analysis method—no fancy candlesticks or bar charts needed. Unlike other charts, Point and Figure ignores time and focuses purely on price action, offering clarity amid market noise. If candlestick charts look too chaotic for your taste, Point and Figure usually clears things up. Its simplicity is its best feature: fewer patterns and straightforward trade execution rules, compared to the 150+ patterns of Japanese Candlesticks. On the USDJPY 40-pip/3-box reversal P&F chart, a bear flag pattern is currently being tested and acting as solid resistance. This creates an aggressive but appealing short entry opportunity at 148.80. Below this entry, there are multiple potential profit targets, with T3 (141.60) marking the maximum realistic expectation. Now, before you get too excited about a single-column collapse from 148.80 down to 141.60—hold your horses. The odds of USDJPY making such a dramatic drop in one swift move are slim to none. But given the current international trade tensions, stranger things have happened. Think of the area between 148.80 and 141.60 as a zone where it's easier for USDJPY to drift downward rather than grind upward.
Short
by itsjustanalysis
USD/JPY: Long Opportunity at Weekly Demand ZoneThe USD/JPY currency pair is currently pulling back into a significant weekly demand area, presenting a promising opportunity for traders looking to enter long positions. This area historically denotes strong buying interest, suggesting potential upward momentum. In contrast, the 6J1! Yen futures market displays a bearish sentiment, with many retail traders positioning against this bullish signal in USD/JPY. This divergence in market sentiment could create unique trading opportunities for those who can effectively interpret technical indicators and retail positioning. Yen Futures To capitalize on this potential rebound, a pending order has been set on the CFD for USD/JPY, with a buy limit positioned just above the demand zone. Effective risk management, including a stop-loss just below the demand area, is essential as traders navigate this evolving landscape. In summary, the combination of strong demand at critical levels and contrasting sentiment in the futures market presents a strategic trading scenario for bullish plays in USD/JPY. ✅ Please share your thoughts about USD/JPY in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Long
by FOREXN1
1
USD/JPY Pulls Back After Testing Channel ResistanceUSD/JPY has slipped to 149.67, down 0.66% on the day after stalling near the top of a rising channel. The pair failed to reclaim the 50- and 200-day SMAs, which remain tightly aligned near 151.7, now acting as resistance. 🔺 Price is still inside a short-term rising channel, but today's bearish candle suggests waning momentum. 📉 MACD remains in bearish territory, and while it’s improving, there’s no crossover yet. 📉 RSI at 49.06 hovers at the midpoint, showing a lack of conviction either way. Key Levels: Resistance: 151.00–151.75 (confluence of moving averages) Support: 146.95 (61.8% Fib retracement), then 143.71 (78.6% Fib) A break below the channel could signal a return to the broader downtrend, while a close above 151.75 would shift the short-term outlook bullish. -MW
by FOREXcom
USD/JPY – Key Resistance Tested After Strong RallyThe USD/JPY pair has been in a steady uptrend after finding support near the 147.800 level, leading to a breakout above key levels. The price is currently testing a significant resistance zone around 150.500, where previous rejections occurred. Key Levels to Watch: 📌 Resistance: 150.500 (current test), 155.500, 156.500 📌 Support: 147.800 If buyers sustain momentum above 150.500, we could see a move toward the 155.500 - 156.500 zone. However, rejection at this level could trigger a pullback toward 147.800 support. Traders should monitor price action at this level to determine whether a breakout or rejection occurs. What are your thoughts? Will USD/JPY break higher, or are we due for a pullback? 🚀📉
by PIXEL_BLADE
USDJPY SELL SETUP!!From a technical perspective, examining the USD/JPY chart, we might notice that prices are forming a lower high, which often indicates a potential downtrend. The price respecting Fibonacci retracement levels can also suggest that the market is reacting to key support and resistance levels. When traders see the price approaching these levels and behaving predictably, it can bolster their confidence in the direction of their trades. Overall, the expectation is for a continuing strength in the yen, especially if the market sentiment remains focused on potential rate hikes from the Fed. This scenario might lead to more bearish moves for the USD/JPY pair, making it important to watch for any significant economic data releases or comments from central bank officials that could signal changes in monetary policy.
Short
by ShinForex1
3
$JPINTR -Japan's Interest Rates (March/2025)ECONOMICS:JPINTR March/2025 source: Bank of Japan -The Bank of Japan (BoJ) kept its key short-term interest rate at around 0.5% during its March meeting, maintaining it at its highest level since 2008 and in line with market expectations. The unanimous decision followed the central bank’s third rate hike in January and came before the U.S. Federal Reserve’s rate announcement. The board took a cautious stance, focusing on assessing the impact of rising global economic risks on Japan’s fragile recovery. The BoJ pointed to ongoing uncertainties in the domestic economic outlook amid higher U.S. tariffs and headwinds from overseas conditions. While the Japanese economy had recovered moderately, some weaknesses remained. Private consumption continued to grow, helped by wage hikes, even as cost pressures persisted. However, exports and industrial output were mostly flat. Inflation ranged between 3.0% and 3.5% yearly, driven by higher service prices. Inflation expectations increased moderately, with underlying CPI projected to rise gradually.
ECONOMICS:JPINTR
by Mr_J__fx
USD/JPY Finding Support at Key Fibonacci Level - Will it Hold?USD/JPY pair has been trending lower in a well-defined descending channel, respecting its upper and lower boundaries. Price action recently tested the 61.8% Fibonacci retracement level (146.95), where a mild rebound is now taking shape. Despite this, the 50-day SMA (152.84) and 200-day SMA (152.01) remain above price, acting as resistance levels should a reversal attempt materialize. The MACD remains in negative territory, confirming bearish momentum, while the RSI at 39.79 suggests the pair is approaching oversold conditions but hasn't confirmed a bullish shift yet. Key Levels to Watch: 📉 Support: 146.95 (Fib 61.8%), 143.71 (Fib 78.6%) 📈 Resistance: 152.00 (200-day SMA), 152.84 (50-day SMA) A break above the descending channel could suggest a reversal attempt, while continued rejection at the upper trendline favors further downside. -MW
by FOREXcom
USDJPY Channel Down to make an important decision.The USDJPY pair has been trading within a Channel Down pattern since the January 10 High. During that time it technically got rejection upon every 4H MA100 (green trend-line) contact or close contact into a new Bearish Leg. Three out of those four Bearish Legs have been -3.16% so even if a rejection does happen at the top (Lower Highs trend-line) of the Channel Down, you can still be expecting 145.350 as a Target. If however the 4H RSI Bullish Divergence on Higher Lows prevails and causes the price to break above the Channel Down, we will accept the small loss on the short and go long instead, targeting the 2.0 Fibonacci extension at 156.000. A lower Target in that scenario can also be Resistance 2 (154.800). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
Usdjpy analysis This chart represents a technical analysis of USD/JPY on the 1-hour timeframe from TradingView, outlining potential price movements based on key support and resistance levels. Support Level: Marked around 147.175, this level is expected to act as a strong demand zone where buyers might step in if the price retraces. Current Price: USD/JPY is trading around 148.262, showing signs of bullish momentum. Potential Price Movement: The chart suggests a possible pullback toward the support level before resuming an uptrend. First Target: Positioned at approximately 149.678, this is the next key resistance level where price action might encounter selling pressure. Second Target: Identified near 151.002, indicating further bullish continuation if the first target is broken. Outlook: The analysis suggests a bullish bias, but a retracement to support may occur before a potential breakout. Traders may look for confirmation signals before entering positions. The volume profile on the right shows strong activity around these levels, reinforcing the importance of these key zones.
Short
by Forex_ViP_Signalss
4
[STRONG BUY SIGNAL] USD/JPY – Inverse Head & Shoulders Setup### 🟢📈 ** USD/JPY – Inverse Head & Shoulders Setup!** 🚀 #### **🔍 Trade Setup Breakdown:** 📌 **Pattern:** Inverse Head & Shoulders (Bullish Reversal) 📍 **Entry Point:** **148.700** ✅ (Breakout Confirmation) ⛔ **Stop-Loss (SL):** **147.000** ❌ (Below Right Shoulder for Protection) 🎯 **Target (TP):** **150.000** 🎯 (Measured Move from Head to Neckline) 📊 **EMA 50 Confirmation:** If price stays **above 50 EMA**, bullish momentum strengthens! 🔼 #### **💰 Risk Management (Trade Smart!)** ⚖️ **Risk per Trade:** **170 pips** (148.700 - 147.000) 💎 **Potential Reward:** **130 pips** (150.000 - 148.700) 📊 **Risk-Reward Ratio (RRR):** **1:1.76** – A well-balanced trade setup! ✅ #### **🎯 Trade Execution Tips:** ✔️ **Wait for a Clean Breakout & Retest** at **148.700** before entering! 🚀 ✔️ **Monitor EMA 50** for trend confirmation 📈 ✔️ **Stick to Proper Position Sizing** – No Overleveraging! 💰 ✔️ **Exit if Price Drops Below 147.000** – Control Your Risk! 🚦 🔥 **This setup indicates a strong bullish reversal! Stay disciplined & trade smart!** 💪💵
Long
by TradingStar090
USD/JPY Struggles as Key Fibonacci Support Comes into FocusUSD/JPY has extended its decline, now testing the 61.8% Fibonacci retracement level near 146.95, a key support zone. The pair remains under pressure after failing to reclaim 151.50, where the 38.2% retracement and the 200-day EMA converge. Key Technical Observations: Fibonacci Support Test: The 61.8% retracement level is being challenged, making this a critical decision point. A confirmed breakdown below 146.95 could open the door toward 143.70 (78.6% retracement). Bearish EMAs: The 50-day EMA and 200-day EMA are sloping downward, reinforcing the bearish momentum. Momentum Indicators: RSI is approaching oversold levels, suggesting a short-term bounce could emerge. However, the broader trend remains weak. MACD remains in negative territory, signaling continued downside pressure. Key Levels to Watch: Support: 146.95 (61.8% retracement), 143.70 (78.6% retracement). Resistance: 149.20 (50% retracement) and 151.50 (200-day EMA & 38.2% retracement). USD/JPY is at a critical juncture. Holding 146.95 could trigger a short-term rebound, but failure to do so would reinforce the bearish case, targeting the mid-143s. Bulls need to reclaim at least 149.20 to shift the structure back toward neutral. -MW
by FOREXcom
Usdjpy sell zoneThis is a USD/JPY (U.S. Dollar/Japanese Yen) 1-hour timeframe technical analysis from FXCM, indicating a sell trade setup with the following details: 1. Resistance Level: Identified around 149.546, marked in yellow. This is the level where price is expected to face selling pressure. 2. Entry Point: Around 148.990, which aligns with a key resistance zone. 3. Target Level: 147.459, representing the expected price drop where traders may take profit. 4. Market Outlook: The analysis suggests a bearish setup, expecting price rejection from the resistance zone and a downward move toward the support level. 5. Price Action Strategy: The price is likely to consolidate near resistance before making a decisive move downward. This setup signals a potential short (sell) opportunity, anticipating that USD/JPY will decline after hitting resistance, making it favorable for sellers.
Long
by Forex_ViP_Signalss