JPYUSD trade ideas
USDJPY..next move .....Here's a structured analysis of the USD/JPY buy trade setup:
### *Trade Summary*
- *Entry*: 149.70
- *Stop Loss (SL)*: 148.00 (170 pips risk)
- *Targets*:
1. *151.00* (+130 pips)
2. *152.00* (+230 pips total)
3. *155.00* (+530 pips total)
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### *Key Analysis*
1. *Risk-Reward Ratios*:
- *1st Target*: 0.76:1 (Risk > Reward).
- *2nd Target*: 1.35:1.
- *3rd Target*: 3.12:1 (Strong reward for risk taken).
2. *Position Sizing*:
- Ensure the 170-pip SL aligns with your risk tolerance (e.g., 1–2% of capital).
- Example: For a $10,000 account risking 1% ($100), pip value = $100 / 170 ≈ $0.59 per pip.
3. *Market Context*:
- *Fundamental*: Fed-BOJ policy divergence supports USD strength. Monitor BOJ intervention risks and Fed signals.
- *Technical*: 150.00 is a psychological level; breakout could accelerate gains. 148.00 likely marks a structural support zone.
4. *Trade Management*:
- *Partial Profit-Taking*: Close a portion at 151.00 to mitigate the sub-1:1 R:R, letting the rest ride.
- *Trailing Stop*: After hitting 151.00, move SL to breakeven (149.70). Adjust further upward as targets are reached (e.g., SL to 150.50 at 152.00).
- *Carry Trade Benefit*: Earn positive swap rates if held overnight.
5. *Risks*:
- *BOJ Intervention*: Potential sharp JPY strengthening if Japan acts to curb yen weakness.
- *Fed Policy Shifts*: Unexpected dovishness could weaken USD.
- *Volatility*: USD/JPY is sensitive to global risk sentiment and U.S. Treasury yield fluctuations.
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### *Recommendations*
- *Use Caution on 1st Target*: Prioritize partial profits given the unfavorable R:R, but retain a portion for higher targets.
- *Monitor Newsflow*: Watch for BOJ/Fed announcements, U.S. CPI, and employment data.
- *Technical Confirmation*: Ensure bullish momentum holds (e.g., rising MACD, break above 150.00 with volume).
*Verdict*: A strategic trade with clear targets, but requires disciplined risk management and adaptability to news-driven volatility.
USDJPY Price ActionHello Traders,
I've marked a Liquidity Area and another Supply Zone on the chart. Here's what might happen next: after sweeping the liquidity, the price could touch the Supply Zone and then drop. Before acting on this, make sure you switch to either the 5-minute or 15-minute timeframe and clearly mark a Demand Zone there.
Wait patiently for the breakout. When the price breaks through that Demand Zone on the lower timeframe, set a pending order. Place your stop-loss at the recent swing high, and set your take profit at the next targeted Liquidity Level.
Many traders often wait for Fair Value Gaps (FVG), but this causes them to miss opportunities. Especially if you're struggling to pass trading challenges, give this method a try. Managing your risk carefully is the key to success.
Good luck and happy trading!
Thank you!
USDJPY: Riding the Major news in 15 minutesDaily breakout and retest, the price is looking for the nearest daily resistant.
Japanese Yen Hits Two-Week Low Before BoJ MeetingThe yen fell past 149.5 per dollar, a two-week low, ahead of the BoJ's policy decision. The central bank is expected to hold rates at 0.5% on Wednesday while assessing U.S. policy impacts. Despite a pause, rate hikes are anticipated later this year as rising wages and inflation support policy normalization. Major firms agreed to wage hikes for the third straight year, increasing consumer spending and inflation.
Key resistance is at 150.30, with further levels at 152.00 and 154.90. Support stands at 147.00, followed by 145.80 and 143.00.
USDJPY- SHORTOn a technical standpoint, UJ is in an overall downtrend. Until it breaks my previous LH, my overall position is shorting UJ. Will have to wait for news this week to confirm sells but we’ll see what happens around these levels.
USDJPY 1H forecastAnticipating a sell-off on the USDJPY, we have an impulse pattern to the upside as a double correction pattern.
Wave (W) is a simple Zig-Zag correction, wave (X) is a simple Zig-Zag correction, and wave (Y) is a simple Zig-Zag correction.
Wave (W) and (Y) are equal we can anticipate a collapse after the price reaches 150.030
USDJPY UPDATEPrice moved up as we speculated but unfortunately it didn't trigger our orders at around 147.986 before rising.
Currently, it still shows a potential of rising to 151.067. Let's look for a retracement so that we can join the move
REMINDER
1. We shouldn't panic if we miss a good opportunity, there will always be more in the future.
2. Let's stay disciplined and focused on the process.
Below is the link of the previous analysis incase you missed it:
USDJPY Ready for LongLooks USD JPY is ready for long and in 30 min it has formed falling wedge pattern which is trading at narrow end point and soon break out is accepted.
USDJPY 15M SELL IN PLAY Overall we are BEARISH in UJ, and this 15m just confirm we are continue to as low as 140.79
I have 2 TARGET
TP1 143.66
TP2 140.79
Wish me LUCK
USDJPY LONG SETUP UPDATE: 1:1 TARGET ACHIEVED With our 1:1 profit target achieved, we'll now aim for a 1:2 ratio. To lock in some gains, let's secure half of the profits and allow the remaining position to run towards the full take-profit level.
Bearish USDJPY Trade Idea pt.2"The current price action suggests a bearish scenario for usdjpy. After a period of consolidation price seems to be setting up for a downward move with key indicators indicating a possible trend reversal."
USDJPY MARCH 18 WEEKLY & DAILY BIAS
WEEKLY
After touching a weekly fvg price started to correct possibly targeting the nearest weekly buyside liquidity to continue going down. Order flow for me is bearish untill it starts forming higher low and higher highs. For now all I see is a correction on the weekly
DAILY
Daily Bias: BULLISH
I think this week will continue to be bullish until the weekly buyside is achieved or there is also a daily order block above that could be targeted and decide from there if it will continue the bearish tone one weekly
JPY/USD Price Action & Trade Setup
Market Structure & Trend:
The chart illustrates JPY/USD on the 4-hour timeframe, showing a rising channel pattern.
Price has recently rejected from resistance near 0.0068058 and is now showing signs of a bearish move.
Trade Setup:
Bearish bias: The pair is breaking down from the channel, indicating a potential trend reversal.
Key levels:
Resistance: 0.0068058
Support Zone: 0.0064368 (Target area)
Potential Move: A continuation of this bearish movement may lead to a drop toward the support zone.
Conclusion:
If the price sustains below the midline of the channel, further downside is likely.
A retest of support at 0.0064368 could offer potential opportunities for either a bounce or a continuation of the bearish trend.
📌 What’s next? Watch for price action near the support zone for potential trade setups.
USDJPY BUY OPPORTUNITY The USD/JPY pair has broken out above the 148.2 resistance level, which has now become a support level. This breakout suggests that the pair has gained significant bullish momentum and is likely to continue rising.
_New Support Level:_ 148.2
_Target Levels:_
- _TP1: 149.3_
- _TP2: 150.1_
- _TP3: 151.2_
- _TP4: 152.3_
- _TP5: 155.0_
_Reasons for the Breakout:_
1. _Technical Reversal:_ The USD/JPY pair has formed a technical reversal pattern, indicating a potential change in trend.
2. _Momentum Indicators:_ The Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) indicators are showing bullish signals, indicating a potential rise in prices.
3. _Fundamental Analysis:_ The USD/JPY pair has been influenced by positive economic data from the UK, including a strong labor market and rising wages.
_Trading Strategy:_
Buyers may look to enter the market at the new support level of 148.2, with a stop-loss below 146.5. The TP levels can be used to take profits, or to adjust the stop-loss to break-even.
Keep best wishes to Travis 👍
USDJPY InsightHello, subscribers!
Please share your personal opinions in the comments. Don't forget to like and subscribe!
Key Points
- Friedrich Merz, leader of the Christian Democratic Union (CDU), expressed confidence in the constitutional amendment vote to ease the debt limit. Lars Klingbeil, leader of the Social Democratic Party (SPD), also stated he is certain the amendment will pass.
- U.S. President Trump announced plans to hold talks with Russian President Putin, raising expectations for peace negotiations between Russia and Ukraine.
- The Bank of Japan's interest rate decision this week is expected to result in no change.
- The FOMC meeting is anticipated to see the Federal Reserve keeping interest rates unchanged, with projections emerging that the Fed may only cut rates once this year.
Major Economic Events This Week
+ March 19: Bank of Japan interest rate decision, Eurozone February Consumer Price Index, FOMC meeting results
+ March 20: Bank of England interest rate decision
USDJPY Chart Analysis
The pair is maintaining its upward momentum, supported by trendline support. In this rally, the 150 level appears to be a key resistance point. However, with the Bank of Japan’s rate decision and the FOMC meeting scheduled this week, it is crucial to monitor any potential trend changes. If the price breaks above the recent high, a move toward 154 could be possible. Conversely, if resistance holds at 150, a decline toward 145 is likely.
USDJPY Long SetupUSDJPY Looks Bullish, Previous Day Candle Has closed above Friday Candle and we still have a LTH not taken i think today we will be bullish we might have a correction drop down to 0.25 or 0.5 of the previous day and continue higher
Correction on USD/JPY is over. Bear is Back on Action!Hi All,
As you can see from my previous trade, I close my trade at the level around $150 because the price action showed correction was coming.
The price has been testing on this level $149 zone 3 times which shows this level is pretty strong level where bears keep pushing the price down. In addition, the price is still below 100 EMA as well which is showing again bears are in control. Lastly, in 4 hours time frame, has printed hang in man red candle.
I enter the trade at $148.50, TP $140, SL 148.50. Let's hope it play out well.
Good luck traders,
Redpanda trader
USD/JPY Eyes 151 Resistance After Bullish BreakoutLast week, USD/JPY reached my target at the 146 zone. After testing this support level, the pair began to reverse upward and broke above the falling wedge pattern, signaling a potential trend change.
On Friday, the pair formed a higher low, followed by another one today.
As of now, USD/JPY is trading at 147.75, just below a key horizontal resistance level. A breakout above this level could lead to further upside, with the next target around the 151 resistance zone.
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.
Bullish Momentum in USD/JPY PairThe USD/JPY pair is showing signs of bullish momentum, supported by a break of structure and the breach of previous highs. These technical signals suggest a potential continuation of the upward trend.
USDJPY SELL SETUPWith a choch seen we ride it down to the low. Partials should be taken, secured or closed at greed levels.
USDJPY - BULLISH POSSIBILITY- Price breakout of resistence zone
- Price breakout of trendline
- Broken resistence zone is expected to be retested as a support zone
* Educational purpose only
