Get started

#usdjpy#forex

$JPIRYY -Japan's Inflation Rate (CPI)ECONOMICS:JPIRYY 4% (January/2025) source: Ministry of Internal Affairs & Communications - The annual inflation rate in Japan climbed to 4.0% in January 2025 from 3.6% in the prior month, marking the highest reading since January 2023. Food prices rose at the steepest pace in 15 months (7.8% vs 6.4% in December), with fresh vegetables and fresh food contributing the most to the upturn. Further, electricity prices (18.0% vs 18.7%) and gas cost (6.8% vs 7.8%) remained elevated with the absence of energy subsidies since May 2024. Additional upward pressure also came from housing (0.8% vs 0.8%), clothing (2.8% vs 2.9%), transport (2.0% vs 1.1%), furniture and household items (3.4% vs 3.0%), healthcare (1.8% vs 1.7%), recreation (2.6% vs 4.0%), and miscellaneous items (1.4% vs 1.1%). In contrast, prices continued to fall for communication (-0.3% vs -2.1%) and education (-1.1% vs -1.0%). The core inflation rate rose to a 19-month high of 3.2%, up from 3.0% in December and topping consensus of 3.1%. Monthly, the CPI increased by 0.5%, after December's 14-month top of 0.6% rise.
ECONOMICS:JPIRYY
by Mr_J__fx
USD/JPY Breaking Lower, Fib Levels in Play📉 Key Breakdown Below 150.00 USD/JPY has fallen sharply, breaking below key support at 151.50 (38.2% Fib retracement) and testing 149.63 (50% Fib level). The pair is trading below both the 50-day EMA (153.80) and 200-day EMA (152.17), reinforcing downside pressure. 🔍 Technical Levels to Watch: Support: 149.23 (50% Fib retracement) → Current price is testing this level. 146.95 (61.8% Fib retracement) → Next major downside target. 143.71 (78.6% Fib retracement) → Deeper bearish target. Resistance: 151.50 (38.2% Fib retracement, former support, now resistance) 152.17 (200-day EMA) → A key level to reclaim for bulls. 📊 Momentum Indicators Bearish: RSI at 33.18 → Near oversold territory, but still trending downward. Bearish momentum accelerating, further losses possible. 🔻 What’s Next? If USD/JPY holds below 150.00, expect further downside toward 146.95. A recovery above 151.50 could neutralize the immediate bearish outlook. Right now, momentum favors the bears, and lower Fib levels remain in focus. -MW
by FOREXcom
USD/JPY: Facing the Abyss – Escape or Free Fall?USD/JPY is locked in a fierce battle between bulls and bears, but the "bears" are clearly in control. The price is sinking below the EMA 34 & EMA 89 on the 4H chart, sliding down a descending channel like a runaway car with no brakes. With Japan's Manufacturing PMI set for release, the market is bracing for the final blow to this currency pair. The bulls are holding their ground, but can they withstand the 152.29 resistance, a level that has stood firm in the past? If they fail, a slide toward 148.66 will only be a matter of time! Warning: Japan's PMI will be the ultimate trigger. If the data comes in weaker than expected, JPY could lose momentum. However, if it beats forecasts, USD/JPY might go into free fall with no safety net!
Short
by Zanka_
USD/JPY: Fibonacci Support Sparks a ReboundChart Analysis: USD/JPY finds support at the 38.2% Fibonacci retracement level (151.50), leading to a sharp recovery above the 200-day SMA. 1️⃣ Fibonacci Retracement Levels Holding: The recent pullback tested key Fibonacci retracement levels, with buyers stepping in at 151.50 (38.2%). Further support levels sit at 149.23 (50%) and 146.95 (61.8%), which remain key downside targets if weakness resumes. 2️⃣ Moving Averages as Key Pivot Points: 50-day SMA (154.97): Price is testing this level after the rebound. 200-day SMA (152.74): Successfully held as dynamic support, confirming broader uptrend remains intact. 3️⃣ Momentum Indicators Show Recovery: RSI: 49.69, recovering from oversold conditions but still lacking bullish confirmation. MACD: Bearish momentum is fading, but a crossover signal is yet to emerge. What to Watch: Sustained move above 155.00 could trigger a fresh rally toward December’s highs. A break back below 152.00 would shift focus to deeper Fibonacci support levels. Watch for a MACD crossover as a confirmation of renewed upside momentum. USD/JPY remains at a critical inflection point, with Fibonacci support holding but further strength needed for a bullish confirmation. -MW
by FOREXcom
USD/JPY extends rally on hot CPIThe USD/JPY extended its rally following the release of hotter-than-expected US CPI data, which fuelled a surge in bond yields and strengthened the dollar. Headline CPI rose 0.5% month-over-month, surpassing the expected 0.3%, while Core CPI climbed 0.4% versus the 0.3% forecast. On an annual basis, CPI reached 3.0% and Core CPI hit 3.3%, both above expectations. This reinforced market sentiment that the Federal Reserve will delay interest rate cuts, pushing US 5- to 10-year yields at least 10 basis points higher. As a result, traders increased their bets on further USD/JPY gains. The market will now focus on the second day of Powell’s testimony, with PPI data and retail sales still to come later in the week. From a technical standpoint, USD/JPY has shown resilience, rebounding from support at 151.00 and breaking above the key 200-day moving average near 152.50/60. The pair has cleared resistance at 153.70-154.00, and if it holds above the 200-day average, it could extend its advance toward the significant 155.00 level. However, a failure to maintain this breakout could see support tested back at 153.70, with further downside levels at 152.50/60 and 151.00. With the bullish momentum reinforced by strong CPI data and higher yields, USD/JPY traders will closely watch price action determine if the uptrend can sustain. By Fawad Razaqzada, market analyst with Forex.com
by FOREXcom
WEEKLY RECAP - Week 1, 2025The most important thing to reflect on each week is NOT your profit and loss balance. Instead, reflect on these three questions: - Did I follow my core habits for success? - Am I ready to let my attachments from last week go? - Am I focusing on this current moment, or a destination I'm trying to reach? I won't put a whole lot of words here. It's all in the video, but here are the three setups from last week, and here is my notion journal so you can follow along. USDJPY EURUSD EURUSD Notion Journal Enjoy the ride, -Gio
by elevatedinvestor
USDJPY BEARISH PROJECTIONUSD/JPY experienced a strong decline, breaking below key hourly support and a significant trend line. The pair has since recovered from its lows, holding near the 50% retracement level and a support zone identified on the left after filling a crucial fair value gap. However, downside momentum still appears likely once the market settles from the current pullback, as the price has fallen below a critical resistance zone. We anticipate further downside movement, with potential retests of the lows at 151.6 and 149.3.
Short
by traderchamp_
$JPINTR -Japan's Interest Rate (December/2024)ECONOMICS:JPINTR 3.6% (December/2024) source: Ministry of Internal Affairs & Communications - The annual inflation rate in Japan jumped to 3.6% in December 2024 from 2.9% in the prior month, marking the highest reading since January 2023. Food prices rose at the steepest pace in a year (6.4% vs 4.8% in November), with fresh vegetables and fresh food contributing the most to the upturn. Further, electricity prices (18.7% vs 9.9%) and gas cost (5.6% vs 3.5%) increased at the fastest rate in four months with the absence of energy subsidies since May. Additional upward pressure also came from housing (0.8% vs 0.9%), clothing (2.9% vs 2.6%), transport (1.1% vs 0.9%), furniture and household utensils (3.0% vs 3.7%), healthcare (1.7% vs 1.6%), recreation (4.0% vs 4.5%), and miscellaneous items (1.1% vs 1.1%). In contrast, prices continued to fall for communication (-2.1% vs -3.0%) and education (-1.0% vs -1.0%). The core inflation rate rose to a 16-month high of 3.0%, up from 2.7% in November and matching consensus. Monthly, the CPI increased by 0.6%, the highest figure in 14 months.
ECONOMICS:JPINTR
by Mr_J__fx
USDJPY holding the MA50 (1d).USDJPY is trading inside a Channel Up since September. The price has tested, held and consolidated on the MA50 (1d) for the last 4 days (including today). This is a bullish signal, considering also that this is taking place near the bottom of the Channel Up. Trading Plan: 1. Buy on the current market price. Targets: 1. 164.350 (+6.20% rise). Tips: 1. The RSI (1d) is below its MA trendline, on a sideways pattern that is similar to the September 16th 2024 and December 3rd 2024 bottoms. Please like, follow and comment!!
Long
by TradingBrokersView