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Usdjpylongsetup

USD/JPY) bullish choch Analysis Read The ChaptianSMC trading point update Technical analysis of USD/JPY presents a bullish outlook with Smart Money Concepts (SMC)-based logic. Here's a breakdown of the idea and key elements: --- Chart Summary Current Market Context Price: ~144.05 EMA 200: Acting as dynamic resistance at 144.19 Trendline: Broken, signaling a potential shift in market structure Change of Character (ChoCh): Confirmed around 143.3, marking a bullish transition --- Key Zones Identified 1. Support Level (Strong Demand Zone) Around 141.8–142.5 Marked by historical rejections Possible mitigation of unfilled orders here 2. Fair Value Gap (FVG) Between 143.0–143.8 Price may return to fill this imbalance before rising --- Projected Move Price is expected to: 1. Dip into the FVG or Support Zone to mitigate imbalance 2. Reverse and make a bullish rally 3. Reach the target point near 148.68 (approx. +4.55%) --- RSI Analysis (14-period) Current RSI: ~49 (neutral) No overbought/oversold condition Room for upside momentum --- Notable Features Break of structure (ChoCh) → Bullish signal EMA crossover potential → Bullish confluence Multiple FVG fills + support reaction → Entry confirmation opportunities Economic events marked → Be cautious of volatility spikes Mr SMC Trading point --- Trading Idea Summary Buy Entry Zone: 141.8–143.0 (support or FVG) Stop Loss: Below 141.5 Target: 148.68 Risk/Reward: Favorable (approx. 1:3+) Pales support boost 🚀 analysis follow)
Long
by SMC-Trading-Point
USD/JPY) Bullish reversal analysis Read The ChaptianMr SMC Trading point update Technical analysis for the USD/JPY (U.S. Dollar / Japanese Yen) on the 4-hour timeframe. Here's a detailed breakdown of the idea and strategy: --- Key Components of the Chart: 1. Strong Support Zone: The yellow zone is labeled as a “big support level of pullback”, around the 142.00 – 141.20 range. Price has historically bounced from this zone, suggesting demand and buyer interest. 2. Bullish Structure Setup: Price is forming a double bottom or potential reversal pattern in the support zone. A downtrend line is clearly marked, and a break above this trendline would signal bullish continuation. 3. EMA 200 (at 145.020): The EMA is currently acting as dynamic resistance. A breakout above the EMA would confirm further bullish momentum. 4. RSI Indicator: RSI is currently below 30, indicating the market is oversold – a common precursor to a bullish reversal. 5. Target Levels: Target 1: 145.803 – likely the first resistance level or EMA retest. Target 2: 148.587 – a prior high and strong resistance area. 6. Projection: Price is expected to bounce from support, break the trendline, retest, and then rally to higher levels. --- Trade Idea Summary: Bias: Bullish Entry Zone: Near 142.00 – 141.20 (support zone) Confirmation: Break above the descending trendline + bullish RSI divergence Targets: TP1: 145.803 TP2: 148.587 Invalidation: Break and close below 141.00 (support zone broken) Mr SMC Trading point --- Risk Management Suggestion: Use a tight stop-loss below the support zone, considering it's the key reversal area. Also, keep an eye on fundamental factors such as U.S. and Japan interest rate decisions or key economic events (indicated by the icons on the chart). Pales support boost 🚀 analysis follow)
Long
by SMC-Trading-Point
9
USDJPY Returns to Key Support – Another Bounce Ahead?At the end of April and beginning of May, I pointed out the importance of the 142 support zone and argued that USDJPY could reverse to the upside, targeting the 146 resistance. The pair did exactly that — not only hitting the 146 target, but also spiking as high as 148, reaching the next major resistance. 🔁 Now We're Back towards 142 Since mid-May, USDJPY has pulled back again and is now retesting the 142 area — the same zone that previously triggered a strong bounce. 📌 Outlook and Trading Plan I still consider the 142 level a solid support, and this recent drop could offer a new buying opportunity. Any dips under 142 that quickly reverse can be used to build long positions, with a target once more around 146. That offers a clear trade setup with a good risk-to-reward ratio. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Long
by Mihai_Iacob
24
Bullish Reversal on Risk-On Shift and Channel BreakoutCMCMARKETS:USDJPY USD/JPY surged as risk appetite returned after a U.S. federal court blocked President Trump's "Liberation Day" tariffs, undermining demand for safe-haven assets like the yen. Meanwhile, weak demand in Japan’s 40-year bond auction raised concerns over fiscal stability, adding further downside pressure to JPY. Technically, the pair broke above a downward channel and formed a bullish engulfing pattern near the 144.90 demand zone. If price consolidates above 145.00, a test of the 148.15 resistance zone is possible. Traders now eye upcoming U.S. GDP and PCE inflation data for direction on Fed policy. Resistance : 148.14 , 148.67 Support : 144.90 , 144.42
Long
by ATFX_Global
USD/JPY "The Ninja Heist" – Bullish Loot Grab!🌟 Hey, Thieves & Market Bandits! 🌟 💰 Ready to raid the USD/JPY "The Gopher" vault? 💰 Based on 🔥Thief Trading Style🔥 (technical + fundamental heist analysis), here’s the master plan to swipe bullish profits before the market turns against us! Escape near the high-risk Yellow MA Zone—overbought, consolidation, and bear traps ahead! 💸 "Take the money and run—you’ve earned it!" 🏆🚀 🕵️‍♂️ Heist Strategy: 📈 Entry (Bullish Raid): The vault’s unlocked! Buy any price—this heist is LIVE! Pullback lovers: Set buy limits at recent/swing lows for extra loot. 🛑 Stop Loss (Escape Route): Thief SL at recent/swing low (4H/Day trade basis). Adjust based on your risk, lot size, and multiple orders. 🎯 Target (Profit Escape): 148.700 (or flee earlier if bears ambush!) ⚔️ Scalpers’ Quick Strike: LONG ONLY! If rich, attack now. If not, join swing traders & rob slowly. Trailing SL = Your bodyguard! 💰🔒 💥 Why This Heist? USD/JPY "The Ninja" is bullish due to key factors—check: 📌 Fundamental + Macro + COT Report 📌 Quantitative + Sentiment + Intermarket Analysis 📌 Future Targets & Overall Score (Linkks In the profile!) 🔗🌍 🚨 Trading Alert (News = Danger!): Avoid new trades during news—volatility kills! Trailing SL saves profits on running positions. 💖 Support the Heist Team! 💥 Smash the Boost Button! 💥 Help us steal more money daily with Thief Trading Style! 🏆🚀 Stay tuned—another heist is coming soon! 🤑🎯
Long
by Thief_Trader
USDJPY: 300+ Pips From Previous Idea, What Hold Next? Hey Everyone USDJPY is on a roll! It’s rebounded a whopping 300+ pips and is now on the positive side. We reckon it’s going to keep climbing in the coming days as DXY is starting to regain its strength. And here’s the cherry on top: there’s some exciting news coming up, including the NFP tomorrow. This could really boost the USDJPY to a new record high. But remember, when trading, it’s crucial to manage your risk carefully. Now, let’s talk about the potential for a significant market movement. We’ve spotted a chance for a substantial bullish swing that could reach around 2050 pips. We’ve also identified three potential targets, so you can choose the one that best fits your analysis. The main driver behind this move is the reversal of the Japanese Yen (JPY) from a bullish trend to a bearish one. So, let’s be cautious and use precise risk management techniques during this period. Good luck and happy trading! 😊 Oh, and if you’d like to help us out, here are a few things you can do: - Like our ideas - Comment on our ideas - Share our ideas Thanks a bunch for your support! 😊 Cheers, The Setupsfx_ Team
Long
by Setupsfx_
25
USDJPY Bearish Continuation Setup Trend Analysis The market is in a clear downtrend, evidenced by the sequence of lower highs and lower lows. The descending trendline has been respected multiple times, acting as dynamic resistance. 🧠 Key Technical Factors Rejection Zone (Supply Area): The marked “Rejection Point” aligns with the confluence of the trendline resistance, 50 EMA (red), and historical supply. Price attempted to break above but faced a strong rejection—signaling institutional sell interest. EMA Confluence: 50 EMA (142.993) and 200 EMA (144.063) are both sloping downward. Price is trading below both EMAs, confirming bearish momentum and trend continuation bias. BOS (Break of Structure): Multiple BOS levels marked, showing a consistent pattern of structure breaks to the downside. Each rally is met with selling pressure, failing to create new highs. 🧩 Projected Price Action Current retracement could retest the trendline/50 EMA before a potential continuation move downward. Expectation is a lower high formation near the descending trendline followed by a bearish impulse. 🏹 Bias: Bearish Traders might consider short opportunities around the 142.90–143.00 zone, targeting 142.00 and below, with stops just above the trendline/supply zone. ⚠️ Risk Note A clean break and close above the trendline and 50 EMA would invalidate this setup and could lead to a shift in structure.
Short
by MrStellanSight
8
USD/JPY "The Ninja" Forex Bank Money Heist (Bullish)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Robbers, 🤑 💰💸✈️ Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the USD/JPY "The Ninja" Forex Market Heist. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is to escape near the high-risk YELLOW MA Zone. It's a Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉 Entry 📈 : "The vault is wide open! Swipe the Bullish loot at any price - the heist is on! however I advise to Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level. I Highly recommended you to put alert in your chart. Stop Loss 🛑: Thief SL placed at the Nearest / Swing low level Using the 1H timeframe (143.000) Day trade basis. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. 🏴‍☠️Target 🎯: 147.000 💰💵💸USD/JPY "The Ninja" Forex Money Heist Plan is currently experiencing a bullishness,., driven by several key factors. .☝☝☝ 📰🗞️Get & Read the Fundamental, Macro, COT Report, Quantitative Analysis, Sentimental Outlook, Intermarket Analysis, Future trend targets.... go ahead to check 👉👉👉🔗🔗🌎🌏🗺 ⚠️Trading Alert : News Releases and Position Management 📰🗞️🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
Long
by Thief_Trader
USD/JPY Long Trade Setup – Key Support Rebound Targeting 148.674Entry Point: Price: 143.373 The chart suggests initiating a long (buy) position at this level, which is just slightly below the current market price. Stop Loss: Price: 141.707 Positioned below a strong support zone. This level protects the trade from excessive downside risk if the price breaks down. Target Point: Price: 148.674 The target is clearly defined, indicating a potential gain of approximately 5.991 points, or 4.20% from the entry. 🟪 Support/Resistance Zones The purple boxes indicate demand (support) and supply (resistance) zones. The lower zone (entry/stop area) shows a historically significant support range that has been tested multiple times (indicated with orange circles). The upper purple zone marks the take-profit area, which coincides with previous resistance. 📊 Moving Averages Blue Line: 200 EMA (Exponential Moving Average) – acting as dynamic resistance. Red Line: 50 EMA – price is currently trading below it, indicating bearish short-term pressure but potential for reversal. 🧠 Trade Idea Summary Bias: Bullish (long position) Risk-Reward Ratio: Favorable Risk: ~1.67 points (from 143.373 to 141.707) Reward: ~5.3 points (from 143.373 to 148.674) Approx. R:R = 1:3.17 Validation: The setup relies on the price holding the key support zone and bouncing higher, targeting the next major resistance. ⚠️ Considerations Monitor for bullish candlestick patterns near the entry zone. Keep an eye on macroeconomic news (like BoJ or Fed updates) that could cause volatility in USD/JPY. Confirm momentum shift with RSI or MACD if using indicators.
Long
by EA_GOLD_MAN_COPY_TRADE
17
USDJPY BULLISH IDEA🧱 Key Observations Order Block (OB) Marked (Demand Zone): A clearly marked bullish order block (OB) zone is highlighted in pink around the 139.883 low. This zone likely represents institutional buying interest. It was the origin of a strong bullish move that broke prior structure. Price Action: After a series of higher highs and higher lows, price has retraced significantly. It's approaching the order block area again, potentially for a retest or liquidity grab. Heikin Ashi Candles: Recent candles are bearish, showing momentum to the downside. However, these candles typically lag in reversals, so price may soon shift if it hits the OB zone. Projected Move: A large blue upward arrow is drawn, suggesting an anticipated bullish reversal from the OB zone with a potential move back to 148.647 (recent high). 📊 Technical Implication Bullish Bias if price holds within or just above the OB zone. Watch for bullish reversal signals (engulfing patterns, divergence, or break of minor structure). If price breaks below 139.883 decisively, the bullish setup may be invalidated. 📌 Strategy Idea (Not Financial Advice): Entry Zone: 140.000–139.900 (inside OB) Stop Loss: Below 139.800 Target: ~148.500 Risk/Reward: Favorable if OB holds
Long
by theprofitpioneerzw
1
USDJPY:Is it a beginning of major bullish trend? Read CaptionThe price of USDJPY has shown a mixed volume, making it difficult to determine the trend. However, if we analyse the data, we can see that USD is gaining strength in the coming time. This could be due to the strong news coming in this week, which may divert the USDJPY towards the 150 price region. There are four potential targets that price could hit and surpass. Please use this analysis solely for educational purposes, as it does not provide any guarantees. Good luck and trade safely. Thanks for your support! 😊 If you’d like to help us out, here are a few things you can do: - Like our ideas - Comment on our ideas - Share our ideas Team Setupsfx_ ❤️
Long
by Setupsfx_
12
USD/ JPY) bullish trend analysis Read The ChaptianSMC trading point update Technical analysis of 4-hour for USD/JPY (U.S. Dollar vs Japanese Yen). Here's the breakdown of the idea --- 1. Bullish Structure The market is moving within a rising channel, indicating a bullish trend. Higher highs and higher lows support the uptrend. --- 2. Key Zones Support Zone (Demand Area): Around the 144.500–145.000 level, price has reacted positively here multiple times — it's marked as a strong support level. Resistance Zone: Around 148.000 — this level is marked as an obstacle before reaching the final target point. --- 3. Indicators & Confluence EMA 200: Price is currently testing just above/below the EMA 200 — a key dynamic support/resistance level. RSI: Showing a bullish divergence or a potential recovery from oversold zone (both RSI lines are turning upward). MACD-style Oscillator (Custom): Showing signs of a bullish crossover, confirming upward momentum. --- 4. Projection & Target The expected move is a bounce from support, followed by: A retest of resistance around 148. A continuation to the target zone at 150.864 — marked as the final target point. The potential move is approximately +592 pips (4.19%). Mr SMC Trading point --- Conclusion This is a bullish continuation setup, expecting price to maintain above the support zone and ride the trendline and channel toward 150.864. The confluence of RSI, structure, and EMA adds strength to the idea. Pales support boost 🚀 analysis follow)
Long
by SMC-Trading-Point
18
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)
Long
by SMC-Trading-Point
14
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.
Long
by BlackCandleTrader
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
Short
by ATFX_Global
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)
Long
by SMC-Trading-Point
8
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.
Long
by fxtraderanthony
USD/JPY 4H Analysis: Demand Zone Re-Test Before Bullish Continua1. Trend Channel 🔼 Uptrend: The pair is moving inside an ascending channel. ▪️ Support: Lower boundary of the channel. ▪️ Resistance: Upper boundary of the channel. 2. Recent Price Action 🔴 Pullback: After reaching the top at 146.199, price is retracing. 📉 Price is now heading toward the Demand Zone. 3. Demand Zone 🟦 Demand Zone (142.405 – 143.180): This zone could act as a strong support Buyers might step in here Watch for bullish patterns or rejections around this area 4. EMA 70 📏 EMA 70 (143.568) is slightly below current price (143.949) — this may offer temporary support/resistance. 5. Target 🎯 Target Point: 146.194 If price bounces from demand zone, this is the next bullish target. Possible Scenario 1. 🔽 Price dips into the Demand Zone 2. 🟢 Bullish bounce → Confirm with candlestick signals 3. 🚀 Upside move targeting 146.194
Long
by Jameshead007
10
USDJPY BEARISH SETUP ONFIRMED.?USD/JPY Bearish Scenario Analysis Trend: Downtrend (bearish bias confirmed by lower highs and lower lows on the daily timeframe) Current Price Action: After a failed attempt to sustain above the 148.200 resistance level, USD/JPY has shown rejection patterns such as bearish engulfing candles and increasing selling volume. Price is now breaking below key moving averages (e.g., 50 and 100 EMA), confirming momentum shift to the downside Key Technical Levels Resistance: 148.200 – Strong supply zone, multiple rejections seen here. 1st Bearish Target: 143.900 – Recent swing low and minor support zone; break below confirms bearish continuation. 2nd Bearish Target: 141.600 – Major horizontal support from previous consolidation area. Support: 140.100 – Long-term support level; likely to attract strong buying interest or signal a trend exhaustion. Bearish Scenario Setup 1. Entry Zone: Between 147.500 - 147.800 (pullback/retest of broken structure) 2. Stop Loss: Above 148.500 (just beyond the resistance zone to avoid false breakouts) 3. Take Profit Targets: TP1: 143.900 TP2: 141.600 4. Bonus Target (extended move): 140.100 – if selling momentum continues and macro conditions favor JPY strength.
Short
by Zickey_11
3
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
Long
by Zickey_11
1
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.
Short
by ultreosforex
4
USDJPY Technical Outlook: SMC and Wyckoff Analysis 5 May 2025As of May 5, 2025, the USDJPY pair is trading around ¥144.30, reflecting a 0.40% decrease from the previous session. This movement follows the Bank of Japan's decision to maintain interest rates while revising growth forecasts downward, leading to a depreciation of the yen. Technical Analysis: Support and Resistance Levels: The pair is approaching a significant support zone near ¥143.00. A break below this level could expose the next support at ¥141.00, while resistance is observed around ¥148.00. Relative Strength Index (RSI): The RSI is nearing oversold territory, suggesting potential for a short-term rebound. Smart Money Concepts: Order Blocks: A bullish order block is identified between ¥142.50 and ¥143.00, indicating potential institutional buying interest. Liquidity Pools: Liquidity above the recent highs near ¥148.00 may attract price action if bullish momentum resumes. Wyckoff Method Perspective: Accumulation Phase: The recent price action suggests a possible accumulation phase, with the pair trading within a range between ¥140.00 and ¥146.00. Spring Test: A false breakout below ¥143.00 could serve as a spring, leading to potentially high buying volume. Fundamental Factors: Bank of Japan (BOJ) Policy: The BOJ's decision to keep rates unchanged, despite lowering growth forecasts, has contributed to yen weakness. Federal Reserve Outlook: Market participants are closely watching the ISM Services PMI later today and the upcoming FOMC meeting for signals on US monetary policy, which could impact USDJPY dynamics. Conclusion: The USDJPY pair is at a critical juncture, with technical indicators pointing to potential support near ¥143.00. Traders should monitor price action around this level for signs of accumulation or further downside. Fundamental developments, particularly central bank policies, will play a crucial role in determining the pair's direction in the near term.
Long
by Apexfx_Alpha