USD/JPY) support level back up Read The ChaptianSMC Trading point update
Technical analysis of USD/JPY on the 4-hour timeframe suggests a bullish setup with the following key insights:
Analysis Overview:
1. Current Price: 147.492
2. Support Zone: Around 145.263 to 146.000
Marked as "Support Level / FVG" (Fair Value Gap), this is the potential demand zone where the price may retrace before bouncing.
3. Trendline: An ascending trendline is supporting the bullish structure.
4. EMA 200: Price is trading above the 200 EMA (145.263), which is generally a bullish signal.
5. RSI Indicator:
RSI is near overbought levels (currently at 63.46 and 70.56), suggesting strong bullish momentum but a potential pullback.
6. Target Zone: 151.360
Highlighted as the "Target Point" – this is the resistance area where price might face selling pressure.
Mr SMC Trading point
Trade Idea:
Entry: Buy on retracement into the support zone (around 145.5–146.0).
Stop Loss: Below the support zone or EMA (around 144.800 or as per risk tolerance).
Take Profit: Near the target zone around 151.360.
Risk-to-Reward: Favorable, approximately 1:2.5 to 1:3 depending on the entry.
Conclusion:
The idea is based on price respecting support, fair value gap (FVG), bullish structure, and a target based on recent price projections. If the price respects the support and bullish trendline, the bullish continuation towards 151.360 is a valid expectation.
Pales support boost 🚀 analysis follow)
Usdjpylong
USD/JPY Poised for Breakout: Watch the 145.60 TriggerUSD/JPY remains in a broader uptrend, with buyers defending the 141.00–144.50 support zone on the daily chart. While price has recently pulled back from the 148.50 high, the overall structure remains bullish. On the hourly timeframe, the pair has been moving within a descending channel since May 13. However, a double bottom near 141.80 and a push back toward 145.50 suggest buyers are regaining control. A breakout above the channel resistance at 145.60 could signal the end of the correction and a new leg higher toward 147.00–148.00.
The 15-minute chart supports this setup, showing a bull-flag consolidation above 145.20 and rising trendline support near 145.10. Volume has thinned during the flag formation, indicating a potential surge on breakout. Traders should look to buy above 145.60, targeting 146.20 and 146.80, with stops just below 145.00. A break under 145.00 flips the short-term bias bearish, with downside targets at 144.60 and 144.20.
Overall, the technicals favor a bullish breakout scenario into the week, provided 145.00 holds. Intraday traders should closely monitor the 145.00–145.60 zone for momentum confirmation.
Bearish USD/JPY — Yen Strength FavoredCMCMARKETS:USDJPY Bearish Factors (USD Negative / JPY Positive):
Hawkish BoJ Expectations:
Despite Japan’s weaker Q1 GDP, BoJ officials—particularly Deputy Governor Uchida—have signalled openness to resuming rate hikes in 2025. A Reuters survey suggests a potential 25bps hike before year-end. This divergence from the Fed’s stance supports JPY strength.
Dovish Fed Outlook Intensifies:
Weak U.S. April PPI and retail sales figures reinforce expectations for multiple rate cuts this year. Falling Treasury yields and soft inflation readings weigh heavily on the dollar.
Resistance : 146.75 , 145.87
Support : 144.91 , 143.52
USD/JPY) Bullish reversal analysis Read The ChaptianSMC Trading point update
Technical Analysis USD/JPY suggests a bullish outlook based on the following key technical components:
1. Buying Zone: The chart identifies a green rectangular area labeled "BUYING ZONE" just above the 200 EMA (blue line at 144.079). This implies that price retracement into this zone could be an opportunity to go long (buy).
2. Support & Resistance:
Support Level: Clearly marked around 143.00, showing a previous demand area.
Resistance Level: Around the 145.800–146.000 region, price previously rejected here.
3. Bullish Pattern: The curved arrow suggests the formation of a bullish continuation pattern (possibly a cup & handle or flag), with the expectation of a breakout toward the upside.
4. Target Point: The target is projected at 148.153, implying a potential move of approximately 291.7 pips from the buying zone—suggesting a favorable risk-reward ratio.
5. RSI Indicator: The RSI (Relative Strength Index) is currently around 55, not in the overbought zone, indicating more room for upside movement.
Mr SMC Trading point
Summary of Idea:
Strategy: Buy near 145.00–145.20 (Buying Zone).
Stop Loss: Just below the 200 EMA or the lower bound of the green zone.
Take Profit: Near the 148.153 target.
Confirmation: Wait for bullish confirmation/candlestick reversal in the buying zone.
Pelas support boost 🚀 analysis follow)
USDJPY Trade Plan: Long from Imbalance Zone on Bullish BOSUSDJPY Trade Idea & Analysis
Chart Context:
The 1H USDJPY chart shows a strong bullish impulse, followed by a consolidation and a potential retracement into a clear imbalance zone (highlighted between the 50% and 61.8% Fibonacci retracement levels, around 146.76–146.32). The market structure remains bullish, with higher highs and higher lows.
Market Fundamentals & Sentiment (as of May 2025):
USD Strength: The US dollar remains supported by persistent inflation and the Fed’s hawkish stance, with markets pricing in the possibility of further rate hikes or a prolonged period of higher rates.
JPY Weakness: The Bank of Japan continues its ultra-loose monetary policy, with no immediate signs of tightening. This divergence keeps upward pressure on USDJPY.
Risk Sentiment: Global risk appetite is stable, favoring carry trades and supporting USDJPY upside.
Trade Plan:
Look for a retrace into the imbalance zone (146.76–146.32). Enter long on a confirmed bullish break of structure (BOS) on lower timeframes. Target the recent swing highs (148.65 and above), with a stop loss below the retracement low.
Not financial advice.
you are currently struggling with losses, or are unsure which ofThe MACD indicator shows that the DIFF line has formed a golden cross with the DEA line, and the red histogram has continuously expanded, indicating that the upward trend has been established. At the same time, the RSI indicator has rebounded from the oversold area to the level of 59.777, suggesting that there is still room for the exchange rate to rise. It is worth noting that the CCI indicator has broken through the 200 level, implying that there is a possibility of a short-term technical correction.
In terms of volatility analysis, the Bollinger Bands have widened. The upper band is at 147.845 and the lower band is at 139.942, indicating that market volatility is increasing. Currently, the exchange rate is moving within an upward-sloping triangular consolidation pattern. 150 constitutes an important resistance level in the near term, while 146 forms a key support level. In the short term, if the exchange rate can effectively hold above the 148 mark, it will further confirm the continuation of the upward trend.
you are currently struggling with losses, or are unsure which of the numerous trading strategies to follow, at this moment, you can choose to observe the operations within our channel.
USDJPY will it go higher?Hello everyone!
I want share my idea about USDJPY.
last few week we saw USD weaker than other Currencies, but now we see Trend Change after test 140.000 LVL. If we look at JPY index we will see price moving with strong seller but still uptrend, i think JPY will move lower and dollar will still dominant in the race.
If we look at technical with simple Support/Resistance strategy price going higher it broke some resistance levels and had pretty nice reactions from supports i think price will brake easy 140 LVL and will go to check 151 Resistance.
Soon we will have China and America meeting which will be about rates, i think it will affect at dollar index and it is starting place which is signal the meeting will go well.
FOR COLLABORATION TEXT ME DM!
ALWAYS MAKE YOUR OWN RESEARCH!
USDJPY Buy Opportunity Above 143.525Entry Point: 143.525 (unchanged)
Stop Loss: 141.847 (unchanged)
Target Point One (TP1): 145.063 (unchanged)
Final Target (TP2): Now refined to 147.883 instead of 147.894 — a small, precise update.
📈 Pattern and Structure:
Cup-and-handle formation still intact, indicating a continuation pattern.
Support confirmation at the 143.5 zone, showing a potential base for a bullish reversal.
The chart shows strong upside projection toward the resistance band near 147.8–148.0, highlighted with the upper purple zone.
📊 Risk-Reward Profile:
Risk (Entry to SL): 143.525 – 141.847 = 1.678
Reward (Entry to TP2): 147.883 – 143.525 = 4.358
Reward-to-Risk Ratio: 4.358 / 1.678 ≈ 2.6R — a favorable risk/reward setup.
🧠 Trade Notes:
Entry is slightly above a demand zone.
First target is conservative, near a known resistance.
Final target aligns with prior highs and the broader ascending wedge’s upper bound.
Timing suggests the bullish push may unfold over the next few sessions (likely May 6–8 range, as curved arrow indicates a rounded retest/bounce scenario)
USDJPY BREAKOUT BULLISH PATTERN Technical Pattern Analysis
Current Trend:
USD/JPY has shown a strong bullish structure, characterized by higher highs and higher lows. This indicates increasing buying pressure and positive momentum.
Possible Bullish Patterns Observed:
Ascending Triangle: This is a bullish continuation pattern often indicating that buyers are gaining strength before a breakout.
Bullish Flag: A short-term consolidation that generally resolves in the direction of the previous trend (upward).
Breakout Above Resistance: Recent candles show breakout attempts above key resistance zones, validating bullish sentiment.
Key Support and Resistance Levels
Immediate Support: 144.50–145.00
1st Resistance / Target Zone: 146.400
2nd Resistance / Target Zone: 147.900
Final Resistance / Target Zone: 150.200
USDJPY and GBPJPY Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USD/JPY) Bullish trand analysis Read The ChaptianSMC Trading point update
Technical analysis of USD/JPY on the 2-hour timeframe, and it presents a bullish continuation setup. Here's a breakdown of the key elements and the idea behind the analysis:
---
1. Ascending Channel Formation
The price is trading within an ascending channel, suggesting a controlled uptrend.
Higher highs and higher lows confirm the trend structure.
2. Key Support and Fair Value Gap (FVG)
There’s a well-identified support level where price has bounced before (highlighted in yellow).
A Fair Value Gap (FVG) zone is marked slightly above the support level, which could act as a short-term demand area.
Price is currently pulling back into this zone, potentially setting up a buying opportunity.
3. EMA 200 Support
The 200 EMA (~143.78) is acting as dynamic support just below the current price.
If price drops further, this level may offer strong technical support.
4. RSI Momentum
RSI is above 50 (currently 56.37), supporting the bullish trend and showing room for continued upside.
5. Target Point
The chart anticipates a bounce off the support/FVG zone and a rally toward the upper boundary of the channel, targeting 147.153.
Mr SMC Trading point
---
Summary of the Idea:
This is a bullish continuation setup within an uptrend channel. The analyst expects a potential long entry around the FVG/support zone, with a target at the channel top (147.15). Confluence from the EMA 200, RSI, and previous structure supports this bullish bias.
Pales support boost 🚀 analysis follow)
Analysis of the Latest SignalsRecently, the situation in Ukraine and Russia has remained tense, and the conflict in the Middle East has escalated (such as the confrontation between Israel and the Houthi armed forces in Yemen), prompting funds to flow to traditional safe - haven currencies. However, the Bank of Japan (BoJ) maintained a dovish stance last week and did not clarify the interest - rate - hike path, which limited the upside potential of the yen.
Although inflation in Japan persists and wage growth is strong (the largest increase in 34 years), the BoJ's cautious attitude towards economic recovery has led the market to lower the interest - rate - hike expectations for June and July, putting pressure on the yen.
you are currently struggling with losses, or are unsure which of the numerous trading strategies to follow, at this moment, you can choose to observe the operations within our channel.
USDJPY Retest of Supply Zone Before Bearish ContinuationUSDJPY pair is reacting to key supply around 143.70–144.00 but shows signs of weakness after failing to hold above this level. With renewed risk-off sentiment and escalating global trade tensions—especially involving Japan and the U.S.—this pair may be setting up for a bearish continuation. Here's what both the chart and macro backdrop suggest.
📊 Technical Breakdown (4H Chart)
Key Supply Zone Retested:
The pair retraced into a previously broken structure zone (blue box), rejecting the 143.70–144.00 area multiple times.
Price is now forming lower highs, indicating bearish pressure building beneath resistance.
Bearish Continuation Pattern:
Price action resembles a bear flag, with a minor pullback likely before continuation lower.
A retest of 143.00–143.50 could serve as an ideal sell zone.
Major Support Levels:
142.04–142.02: Immediate support, already tested.
140.16: Key structure low from late April.
138.04: Final measured move target based on Fibonacci extension and prior demand zone.
Bearish Trade Setup:
Entry Zone: 143.00–143.50
Stop: Above 145.35
TP1: 142.00
TP2: 140.15
TP3: 138.00
🌐 Macro Fundamentals
Trump Tariffs Stir Instability:
President Trump is pressing Japan in trade talks with threats of new tariffs, already impacting investor confidence
A 25% tariff on Japanese auto exports has gone into effect, disrupting trade negotiations.
Urgency for a Deal, But No Progress Yet:
Trump says multiple deals are “coming,” but little substance has emerged. Analysts fear economic fallout and potential global recession if tensions continue
JPY Strengthening on Safe-Haven Flows:
With U.S. economic indicators weakening and global uncertainty rising, the yen may benefit from risk aversion.
✅ Summary
USDJPY remains vulnerable to downside continuation from the 143–144 resistance zone. If price breaks below 142.00 again with conviction, expect momentum to build toward 140.15 and potentially 138.00.
Bullish Breakout from Falling WedgeThe exchange rate of the US dollar against the Japanese yen shows a slight downward trend. The opening rate of the US dollar against the Japanese yen on that day was 144.8740. During the trading session, it hit a high of 144.9890 and a low of 144.085. The latest trading price is 144.082, which is 0.60% lower than the closing price of 144.9180 in the New York foreign exchange market on the previous trading day.
Buffett has warned of the risks of the US dollar, and funds may flow to safe - haven assets such as the Japanese yen, which may have had a certain impact on the exchange rate of the US dollar against the Japanese yen. On the other hand, from a technical perspective, according to the chart data, the "Daily Chart PP" of the US dollar / Japanese yen shows that its pivot point is at 158.27, and the maximum coverage range of the corresponding support and resistance is 157.29 - 159.33. The current exchange rate is at a relatively low level and may be attracted by the lower support level.
you are currently struggling with losses, or are unsure which of the numerous trading strategies to follow, at this moment, you can choose to observe the operations within our channel.
USDJPY and GBPJPY Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDJPY WILL FLY TO 161 !!HELLO TRADES
As you can see a harmonic pattren on Daily Chart for this pair udsjpy we have a great oppritunity to join the Us Dollar Rally we can see a horizontal Support was tested and and its moving to given Targets chart is simple and easy to ready make a proper research before taking any trade these are only dail based valid targets if not break given Stop loss We need ur Supports and comments Stay Tuned for more update ...
USDJPY Daily & H4 Forecasts, Technical Analysis & Trading IdeaTechnical analysis is on the chart!
No description needed!
FX:USDJPY
________________________________________________________________
❤️ If you find this helpful and want more FREE forecasts in TradingView,
. . . . . . . . Hit the 'BOOST' button 👍
. . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?)
🙏 Your support is appreciated!
Now, it's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Have a successful week,
ForecastCity Support Team
Technicals USDJPY Key Level (Horizontal Resistance)
A horizontal resistance zone around 143.90 has been tested multiple times.
Price is currently retesting this zone, marked as an "Entry Zone", suggesting a potential breakout or rejection.
2. Price Structure
Prior downtrend bottomed near 140.00, then formed higher lows, showing a potential trend reversal.
Current price is approaching the resistance with strong bullish candles, indicating possible momentum buildup.
3. Volume
Volume spikes align with swing highs and lows, suggesting these moves were backed by stronger participation.
4. Scenarios Outlined
Bullish Path (Black Arrow): Breakout above the entry zone could lead to targets near 147.00–150.00, continuing a bullish reversal.
Bearish Path (Red Wave): Rejection at the resistance may cause a drop toward 140.00, forming a ranging or distribution pattern.
The Fed (USD) maintains relatively high interest rates, while the BoJ (JPY) continues a dovish stance, creating upward pressure on USD/JPY.
USD/JPYThe Japanese Yen (JPY) oscillates in a narrow trading band at the start of a new week and remains close to a two-week trough touched against its American counterpart on Friday. Mixed signals from the US and China temper hopes for a quick resolution of the trade conflict between the world's two largest economies, which, in turn, offers support to the safe-haven JPY. Moreover, expectations that Japan will strike a trade deal with the US turn out to be another factor underpinning the JPY.
Meanwhile, investors have been scaling back their bets for an immediate interest rate hike by the Bank of Japan (BoJ) as rising economic risks from US tariffs overshadow signs of broadening inflation in Japan. This holds back the JPY bulls from placing aggressive bets, which, along with a modest US Dollar (USD) uptick, acts as a tailwind for the USD/JPY pair. However, the divergent BoJ-Federal Reserve (Fed) policy expectations should cap the USD and benefit the lower-yielding JPY.
USD/JPY 1H Chart AnalysisStructure: Bullish, with higher highs (H1) and higher lows consistently forming.
Key Zone: A demand zone around 143.00 – 143.20. Price could pull back here for liquidity before continuing higher.
Current Price: Consolidating near 143.70 after a strong impulse.
Bias: Bullish, as long as price holds above 143.00. Watching for a possible dip into demand before resuming the uptrend toward 144.20 highs.