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Japanese Yen / U.S. Dollar

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JPYUSD trade ideas

Yen Falls Past 145 as Dollar StrengthensThe Japanese yen weakened past 145 per dollar, hovering near a one-month low as the U.S. dollar strengthened with improving global trade sentiment and diminishing expectations of near-term U.S. rate cuts. The greenback gained momentum after President Trump announced a preliminary trade deal with the UK, the first since broad U.S. tariffs were introduced last month. He also signaled that tariffs on China could be eased, depending on the outcome of high-level trade talks set for this weekend in Switzerland. Adding pressure on the yen, Fed Chair Powell dismissed the idea of a preemptive rate cut, citing persistent inflation risks and labor market concerns. In Japan, personal spending rose more than expected in March, suggesting resilience in consumption, though a third straight monthly drop in real wages highlighted broader economic challenges. Resistance stands at 145.90, with further levels at 146.75 and 149.80. Support is found at 139.70, then 137.00 and 135.00.
by ChartMage
USD/JPY..15m chart pattern..I'm planning a **sell trade** on **USD/JPY** at **145.150**, with a **resistance level** at **145.000**. Here's a breakdown of your trade setup: ### **Trade Summary:** - **Pair:** USD/JPY - **Direction:** SELL - **Entry Price:** 145.150 - **Resistance Level:** 145.000 (likely your stop-loss zone if price moves against you) ### **Profit Targets:** 1. **First Target (TP1):** 144.500 (**-65 pips**) 2. **Second Target (TP2):** 143.500 (**-165 pips**) 3. **Third Target (TP3):** 143.000 (**-215 pips**) ### **Key Considerations:** - **Risk Management:** - If resistance holds at **145.000**, a stop-loss slightly above (e.g., **145.200-145.300**) could limit losses. - A **1:2 or 1:3 risk-reward ratio** would be ideal (e.g., risking 50 pips to gain 100-150 pips). - **Market Conditions:** - Check if USD/JPY is overbought (e.g., RSI >70 on H4/D1 charts). - Watch for bearish reversal patterns (e.g., double top, bearish engulfing). - Monitor **BoJ interventions** (they sometimes weaken JPY above 145). - **Adjustments:** - If price breaks **above 145.200**, the trade may be invalidated. - Consider partial profits at TP1 and trailing stops for TP2/TP3. Would you like help refining the stop-loss or analyzing current USD/JPY trends?
Short
by Algo_Trading_Mql5
USDJPY BULLISH OR BEARISH DETAILED TECHNICAL AND FUNDAMENTALSUSDJPY is currently trading around 145.300 and showing clear signs of bearish pressure from the upper resistance of a broad ascending channel. The market structure suggests a potential rejection, and price action confirms the formation of a rising wedge pattern—a classically bearish setup indicating an upcoming correction. With momentum slowing and sellers starting to step in, I anticipate a move toward the 143.500 zone as price seeks support near the lower trendline. From a fundamental standpoint, the US dollar is experiencing slight weakness today following softer-than-expected jobless claims data and a cooling CPI projection. Meanwhile, the Japanese yen is finding strength from renewed risk-off sentiment and speculation that the Bank of Japan may subtly shift its ultra-loose stance if inflationary pressures persist. This macro backdrop adds more weight to the potential downside in USDJPY over the next few sessions. Technically, the price has tested the 146.000 resistance zone multiple times but failed to break above it with conviction. This repeated rejection near the top of the channel adds credibility to the bearish outlook. A breakdown from the rising wedge would likely accelerate selling pressure, pushing USDJPY toward the 143.500 level, which aligns well with previous demand zones and the channel’s lower boundary. I’m closely watching for confirmation below the 145.000 level, which would act as a trigger for short positions. With risk-reward favoring the bears and fundamentals aligning with the technical setup, this is a solid opportunity for those looking to capitalize on a potential pullback in USDJPY.
Long
by AndrewsMarket-Mastery
3
USD/JPY Faces FVG ResistanceThe USD/JPY 1-hour chart shows a clear bearish setup forming after a recent rejection from the Fair Value Gap (FVG) zone around 145.923, indicating potential distribution and the start of a corrective move. The price is trading below the upper boundary of the ascending channel and has started to show bearish intent after multiple rejections from the FVG resistance zone. The structure appears to be forming a corrective ABC wave or the beginning of a deeper Wave 4 correction within a larger Elliott Wave count. Fibonacci retracement levels from the recent low at 142.405 to the high at 145.923 have been plotted to identify potential support zones. Target 1: 144.726 Target 2: 144.283 Stop loss: 145.850
by Money_Dictators
USDJPY Elliott Wave Outlook – Bearish Wave (C) in Progress?USDJPY appears to be unfolding a classic ABC correction following the completion of a 5-wave impulse pattern. Price action recently bounced off the 0.618 Fibonacci level (~140.62), but faces resistance around the 0.5 retracement zone (~144.70), where price is currently testing. Key levels and confluences: 🔹 EMA cluster around current price 🔹 Potential descending channel 🔹 Major resistance zones: 148.77 (Fib 0.382) & 151.92 🔹 Bearish wave (C) projection could extend toward the 137.99–139.62 area Unless bulls break decisively above 148.77, bias remains bearish with possible continuation toward the lower boundary of the corrective structure. Watching closely for price reaction at key EMAs and lower highs for short setups.
Short
by COLOMBINI-TRADING
Loading up on Yen Dollars - USDJPYThis is the 4H chart and I am trading 3 contracts on this pair. This is going to be a swing trade which may takes some weeks/months to play out. By determining the SL first, you can have a clear idea and know in advance that is how much you are going to LOSE in value terms. No matter how well your charting or analysis may be, the market may go against you and if that happens, your SL is hit, are you OK, financially ? That means, your 1000 or 500 or 5000 loss - would it be your end of the world? Thus, it is important to put a small fixed amount to do trading and NOT BE GREEDY. There are so many things you can go LONG/SHORT depending how knowledgable you are with the market. For example, the cutting of the RRR by China this morning along with other stimulus drives the HSI up 2+% but it is now paring down. That means you could see your profits dwindle or worse, turns into a LOSS if you are not watching or preset your SL/profit target. Never be too sure of your chart as market can moves very quickly. SO, I like swing trade because it is over a longer time frame and once I am ok with the SL, I will go ahead, not adjusting the limits along the week. This defeats the purpose. By having 3 contracts (you can have 10 or more), it helps to take some profits off the table if halfway you have cold feet, at least you recover some money. Often, the anxiety kicks in not at the beginning but as tension builds up, you start to see your profits rolling one night and the next it is back to zero , that is when your heart starts to beat faster and thoughts racing to tell you to get out or stay calm. This process takes time . Again, I advocate not having too many positions open as it can be quite challenging for you to manage should something ROCK the market. Just closing your trades fast would make your fingers go numb and not at your call. 3 positions will be just nice and best to diversify. For me, I like indices , forex and maybe one crypto. You can have a different combination or just concentrate on one. As usual, trade with spare money that you can afford to lose and NEVER EVER borrow money to trade. Man up, if you lose . Treat it as tuition money and something that you need to pay to learn from your mistakes albeit a costly one. That is why I first started with forex and go for the safest pair - EURUSD . Best of luck and DYODD
Short
by dchua1969
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 with Price ActionPrice has broken above the key pivot zone around 145.00, which previously acted as resistance and may now flip into support. We’re currently seeing a minor pullback near the 145.60–146.00 zone after a strong bullish impulse. This red-circled area highlights hesitation, but as long as the price holds above the pivot, I’m maintaining a bullish bias. The market structure remains clean with higher highs and higher lows. The volume spiked during the move up and has decreased on the pullback—exactly what I want to see in a healthy retracement. I'm watching for a bullish reaction at or slightly above 145.00 to confirm continuation. If we get a strong bounce from the pivot zone, I’m targeting 147.00 as the first level and 148.50 as the extended target. However, if price breaks and closes below 145.00 with momentum, I’ll reassess—downside support could be around 143.50–144.00. Next steps: Waiting for a confirmation entry signal (bullish engulfing or strong rejection wick) near the pivot. Key risk to this setup is upcoming USD news and any BoJ commentary that could trigger volatility. Staying patient—will update if the pivot holds or fails.
Long
by xxChartWhizxx
USDJPY 1HThis chart displays a bearish trading setup for USD/JPY on the 1-hour timeframe, suggesting a potential short opportunity. Here's the key breakdown: Pattern: Double top (highlighted with orange circles) — a common reversal pattern. Sell Zone: Around 146.000, identified as a strong resistance level. Trade Plan: Entry: In the Sell Zone after the second top. Target Levels: Level 1 near 145.000 Level 2 around 143.500 Final Target (Target Successful) just above 142.500 Expectation: A stepwise drop from the Sell Zone through the levels to the final target. Would you like help creating a similar chart setup or turning this into a trading strategy?
Short
by Alpha_Gold_Trader
Fundamental Market Analysis for May 9, 2025 USDJPYUSDJPY: The Japanese yen (JPY) rises against its US counterpart during the Asian session on Thursday and reverses part of the previous day's correction from a one-week high. Minutes from the Bank of Japan's (BoJ) March meeting showed that the central bank remains open to further tightening if the economic and price outlook persists. This, along with a rebound in safe-haven demand, is lending support to the Japanese Yen, which, along with the emergence of fresh US Dollar (USD) selling, is keeping the USD/JPY pair below the 144.00 round figure. Optimism over the start of trade talks between the US and China, which will take place this week in Switzerland, is fading rather quickly amid uncertainty over how a new deal between the world's two largest economies might be structured. In addition, US President Donald Trump has denied that he will reduce tariffs against China, dampening hopes of a speedy resolution to the trade war between the world's two largest economies. In addition, persistent geopolitical risks kept investors on edge and proved to be the key factor that influenced the yen's growth amid the general weakening of the dollar. Trading recommendation: SELL 145.80, SL 146.00, TP 144.90
Short
by Fresh-Forexcast2004
USDJPYUSD/JPY Interest Rate Differential and Upcoming Economic Data (May 2025) Current Interest Rate Differential Federal Reserve (US): 4.25%–4.50% (held steady on May 7, 2025). Bank of Japan (BoJ): 0.50% (unchanged since March 2025). Differential: ~3.75–4.00%, favoring the USD. This wide gap reflects the Fed’s cautious stance amid tariff-driven inflation risks and the BoJ’s reluctance to hike further due to trade-related growth concerns. Upcoming Economic Data and Events United States CPI Inflation (May 13–14): Core CPI YoY (Apr): Forecast 2.8% (prev. 2.8%). Headline CPI YoY (Apr): Forecast 2.4% (prev. 2.6%). Impact: Sticky inflation could delay Fed rate cuts, supporting USD strength. A downside surprise may revive rate-cut expectations, weakening the dollar. GDP Growth Revision (May 29): Q1 GDP growth prelim: -0.3% (QoQ annualized). Impact: A downward revision could pressure USD if stagflation fears grow. Fed Policy Signals: The Fed emphasized data dependency, with markets pricing no cuts until July 2025 Japan BoJ Policy Outlook (May 8): The BoJ lowered its FY 2025 GDP growth forecast to 0.5% (vs. 1.0% in Jan) and core inflation to 2.2% (vs. 2.7% in Jan). Impact: Weak growth and inflation outlooks reduce BoJ’s scope for rate hikes, keeping JPY vulnerable. Trade Data (May 9): Exports YoY (Apr): Forecast 0.5% (prev. 12.4%). Imports YoY (Apr): Forecast -6.0% (prev. -4.3%). Impact: Weak exports (due to U.S. tariffs on Japanese autos) could further dampen growth, pressuring JPY. Geopolitical Risks: U.S.-China trade tensions and 25% U.S. tariffs on Japanese auto exports threaten Japan’s economy, reinforcing BoJ caution. Directional Bias for USD/JPY Short-term (May 2025): Bullish. The Fed’s delayed cuts and BoJ’s dovish tilt favor USD strength. USD/JPY is testing ¥162.50, with resistance near ¥165.00. Risks: Bearish JPY: BoJ’s growth/inflation downgrades, delayed hikes. Bullish JPY: Surprise BoJ hawkishness or U.S. recession fears. Conclusion: USD/JPY remains biased upward due to persistent interest rate differentials, BoJ dovishness, and Japan’s trade risks. However, weak U.S. GDP or a BoJ policy surprise could trigger corrections. Monitor U.S. CPI and BoJ guidance for near-term catalysts.
Long
by Shavyfxhub
USD_JPY WILL GO DOWN|SHORT| ✅USD_JPY will be retesting a Resistance level soon around 147.500 From where I am expecting a bearish reaction With the price going down but we need To wait for a reversal pattern to form Before entering the trade, so that we Get a higher success probability of the trade SHORT🔥 ✅Like and subscribe to never miss a new idea!✅ 
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by ProSignalsFx
2
USD/JPY H4 | Approaching a swing-high resistanceThe hawkish stance of the Federal Reserve and the market's optimistic sentiment regarding a potential Sino-US trade agreement have driven the overall strength of the US dollar. The Federal Reserve's suspension of interest rate cuts and the absence of hints of near-term rate cuts have enhanced the attractiveness of the US dollar, providing support for the upward movement of the USD/JPY exchange rate. On the four-hour chart, the Marlin oscillator has reversed downward from the zero line, which coincides with the reversal on the daily chart, forming a strong reversal pattern. The price is testing the support of the MACD line and the key level of 143.45. If the daily candlestick closes below the 143.45 level, it will open the path for a decline towards 141.70 and even the lower boundary of the price channel near 139.50. If the closing price is higher than yesterday's high of 144.00, it is likely to rise towards 144.75, with a long-term target of 145.91. Considering the actual closing price of 145.0930, the upward scenario has been activated. In addition, the MACD indicator shows that the bullish momentum has been somewhat restored, but it is still in the initial stage of the rebound. The RSI indicator remains above 45 and has not entered the strong area, indicating that the current exchange rate is in the stage of consolidation and accumulation of momentum. Although there has been a certain upward movement in the short term, the overall strength of the bulls and bears has not reached an obviously strong state. 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.
Short
by HilaryBloomer
1