USD/JPY Trendline TestAs USD has broken down against most major currencies, USD/JPY continues to hold on to higher-lows as taken from a trendline connecting April and early-June swing lows.
The intra-day reversal on Monday was stunning, with price rejected at 148.00 and going all the way down to 145.00 for a mild bounce on Tuesday morning. But sellers reacted to that, as well, holding highs at 145.92 on the way to fresh lower-lows.
That 145.00 level is now set up as short-term lower-high resistance potential; and for those looking for Yen-weakness, there could be more attractive setups elsewhere, such as EUR/JPY or GBP/JPY.
For USD/JPY, there's data on both sides of the pair as Tokyo CPI is set for release later tonight, followed by U.S. Core PCE tomorrow morning. - js
JPYUSD trade ideas
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.
Market next move Disruption of the Bullish USD/JPY Analysis
1. Weak Bullish Momentum
The current bullish attempt is showing small-bodied candles with low follow-through.
Disruption: This suggests a lack of conviction from buyers. If there’s no strong bounce soon, it could indicate distribution rather than accumulation.
2. Volume Imbalance
Notice the recent spike in bearish volume (red bars), especially during the last price drop.
Disruption: Volume is supporting the downtrend, not the rebound. This suggests sellers are still in control.
3. Lower High Structure
The price recently failed to form a higher high and continues forming lower highs and lower lows.
Disruption: This pattern is a classic sign of a continuing bearish trend, contradicting the bullish target.
4. Fundamental Headwinds
The U.S. economic icon (flag) suggests an upcoming high-impact event — likely NFP, GDP, or rate decision.
Disruption: If U.S. data is weak or if there's talk of the Fed pausing rate hikes, USD could weaken, pushing USD/JPY further below 144.000.
USD/JPY Breakout Fake Out - 148 RejectionBulls had an open door to make a run after this week's open but, so far, they've failed at the same 148.00 handle that snared buyers back in May.
The daily bar at this point is brewing up a gravestone doji but there's still a couple hours left until the close of trading for the day, and this could end up as a pin bar.
Behind the push is rate cut potential in the U.S. After Powell sounded cautious around tariffs last week, the potential for geopol risk and higher oil prices brought another inflationary factor to the fold.
But shortly after the U.S. open this morning Michelle Bowman said she was ready to cut rates in July, and that prodded a sell-off in the USD that has made a noticeable dent in USD/JPY.
Bulls aren't completely out of the equation yet, however, as supports exist at 145.92 and the 144.86-145.00 zone. If sellers sink through that, however, topside potential would dim.
But, notably, chasing breakouts in USD/JPY, in either direction, continues to be a challenging way of dealing with the pair. - js
USDJPY 15M LAST OPPOTUNITY TO FLYHere where we re-invest THE HALF LOT we close earlier today on the trade that we took yesterday (THE REMAINING HALF STILL RUNNING {https://www.tradingview.com/chart/USDJPY/vYQEgzZy-USDJPY-LAST-LIQUDITY-GRAB-BEFORE-WE-FLY-TO-THE-MOON/} LINK),
Same TARGET OF 149.79 But as usual will keep TAKING PROFIT along the way
Will update every time i change something
Please comment welcome and if you have any question just Halaa :)
All the best and good night
USDJPY LONG Market structure bullish on HTFs DH
Entry at Daily AOi
Weekly Rejection At AOi
Daily Rejection at AOi
Previous Daily Structure point
Daily EMA Retest
Around Psychological Level 145.000
H4 EMA Retest
H4 Candlestick rejection
Rejection from Previous structure
Levels 3.67
Entry 95%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King.
USDJPYLooking at this chart after I just did the EURJPY analysis, now this one looks more bullish than bearish BUT that's only if there is a breakout from the supply zone which Im assuming will give us a consolidation first before it shoots straight up to complete Wave 5. At the completion of Wave 5, we can expect the drop again as a correction and retest, which should usher in more buyers to form a Cup and Holder pattern. I really see the JPY being stronger than USD futuristically and practically.
Downtrend Slowing – Recovery Opportunity After Correction?USD/JPY: Downtrend Slowing – Recovery Opportunity After Correction?
Hello TradingView community!
Today, let's focus on analyzing the USD/JPY pair, which is showing interesting developments after its recent correction.
🌍 Macro Overview: USD/JPY Under Current Pressures
The market is observing shifts in the dynamics of the USD/JPY pair:
UOB Group's 24-Hour View: The USD experienced a sharp decline from 148.02 on Monday to 144.49, despite being "oversold". This indicates a slowing in the downtrend, though caution remains.
Retest Expected: According to UOB Group, there's a likelihood of USD/JPY retesting the 144.50 level before a more sustained recovery can be expected.
Downside Limited: A drop below 144.50 cannot be ruled out, but based on current momentum, any further weakness is unlikely to reach 144.00.
Resistance Levels: On the upside, resistance levels are noted at 145.20 and 145.55.
Overall, USD/JPY is in a phase of seeking equilibrium after a significant decline.
📊 Technical Analysis & USD/JPY Trading Plan
Based on the USD/JPY chart (H4/M30) you provided:
Overall Trend: The pair has undergone a relatively deep corrective decline after reaching a local peak, but appears to be seeking a strong support zone.
Key Price Levels:
Crucial Resistance (SELL Zone): Clearly at 144.894 - 145.178. This is an confluence area of Fibonacci levels and local highs where selling pressure could emerge strongly.
Important Support (Potential BUY Zone): Around 143.800 - 143.500. This represents a potential bottoming area where demand might be strong enough to push the price higher.
Projected Price Action: After the sharp decline, USD/JPY might retest the 144.50 area. If it holds above key support levels, an upward move towards resistance zones is plausible, as indicated by the arrows on the chart.
🎯 USD/JPY Trading Plan:
BUY ZONE: 143.800 - 143.500
SL: 143.400
TP: 144.000 - 144.200 - 144.500 - 144.800 - 145.000 - 145.200 - 145.500
SELL ZONE: 144.894 - 145.178
SL: 145.300
TP: 144.700 - 144.500 - 144.200 - 144.000 - 143.800 - 143.500
⚠️ Key Factors to Monitor:
US and Japanese Economic Data: Upcoming reports on inflation and employment from both nations could significantly impact Fed and BoJ policy expectations.
BoJ Policy Decisions: Any shifts in the Bank of Japan's stance will create strong volatility for the JPY.
Global Risk Sentiment: Changes in overall market sentiment can also affect JPY crosses.
Trade smart and stay informed! Wishing everyone a successful USD/JPY trading day!
SDJPY BULLISH OR BEARISH DETAILED ANALYSISUSDJPY has successfully broken out of the symmetrical triangle structure that has been forming since early April, with today’s daily candle showing strong bullish momentum above the resistance zone around 147.500. The breakout is clean and backed by volume, which suggests that bulls are in full control. Price action is respecting the trendline structure and has now confirmed a fresh higher high, setting the stage for the next bullish leg. My immediate upside target for this move stands at 157.900.
Fundamentally, the divergence between the Federal Reserve and the Bank of Japan continues to widen. The Fed remains hawkish with inflation still sticky in the US and interest rate cuts being pushed further out. In contrast, the Bank of Japan remains ultra-dovish, with no major policy tightening in sight and continued yield curve control. This policy mismatch is keeping the Yen under consistent selling pressure. Additionally, Japan's core inflation slipped again this week, further reducing the probability of any BOJ rate hike this quarter.
The technical breakout aligns perfectly with the macro narrative. A strong bullish candle breaking structure on the daily suggests momentum will likely continue. With no strong resistance until the 157.900 area, this setup offers a high-conviction long opportunity. Traders should watch for minor pullbacks toward 147.000–146.800 as potential re-entry or add-on zones.
With rising US bond yields, weak Japanese fundamentals, and breakout confirmation on the chart, USDJPY is now well-positioned for a continuation rally. This is a trend-following setup with solid fundamentals and momentum confirmation—ideal conditions for a profitable move in the current forex environment.
U
USD/JPY 15M CHART PATTERNHere’s a breakdown and analysis of your USDJPY SELL trade setup on the 15-minute timeframe:
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Trade Details:
Entry: 147.280 (Short)
Stop Loss (SL): 147.998 (≈71.8 pips risk)
Targets:
T1: 146.960 (≈32 pips)
T2: 146.600 (≈68 pips)
T3: 146.019 (≈126 pips)
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Risk/Reward Ratios:
Target Reward (pips) R:R Ratio
T1 32 ~0.45:1
T2 68 ~0.95:1
T3 126 ~1.75:1
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Quick Technical Evaluation (Assuming standard price behavior):
Entry near local high? If yes, solid idea to sell after rejection/candle confirmation.
SL Placement: 147.998 is quite wide—possibly above a recent high or resistance zone.
T1 is relatively close, offering a partial TP level but low reward/risk.
T2 provides near 1:1 R:R, which is more balanced.
T3 is aggressive and may require a strong bearish continuation or news catalyst.
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Suggestions:
1. Adjust SL? – If the 147.998 level isn’t key resistance, consider tightening it closer to the swing high (e.g., 147.400–147.500) to improve R:R.
2. Scaling Out – Consider closing part of the position at T1 or T2, then letting the rest run to T3.
3. Monitor Price Action – On the 15m chart, look for bearish continuation (e.g., lower highs, bearish engulfing, MACD crossover, etc.).
DeGRAM | USDJPY retesting the resistance level📊 Technical Analysis
● Four consecutive higher-lows off 140.9 have carved a rising flag that presses the channel roof (144.8); flag depth projects to the April swing-top/ Fib cluster at 147.8 once 145 is cleared.
● Daily RSI holds above 50 and price is now trading back above the broken wedge-cap (142.9), confirming it as demand and tilting risk toward the 150.9 macro ceiling.
💡 Fundamental Analysis
● US 2-yr yields stay >4.70 % after solid ISM-services prices, while BoJ minutes show members preferring “patient” normalisation; the widening policy gap keeps yen funding pressure intact.
✨ Summary
Long 142.9-144.0; break of 145 targets 147.8, stretch 150.9. Bull view invalidated on a daily close below 140.9.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
USDJPY Trading StrategyUSDJPY is looking to break the resistance zone of 147,000. The current bullish force of USDJPY is too strong, so jumping in to catch the top at the present time will be quite risky. If you want a SELL signal, you must wait for the confirmation of the sellers jumping into the market by the confirmation of the red closing m30 candle.
There will be a beautiful SELL signal if the h4 candle shrinks its wick below 147,000. If it closes above the SELL point, you must wait for 148,100, or if you want to BUY, wait for the retest and create a beautiful bullish wave in the small time frame.
On the other hand, if the currency pair declines back to the support zone of 146,000 and 145,200, it will give us a long-term BUY signal.
Support 146,000-145,200
Resistance 117,100-148,100
USD/JPY breakthrough & long position? (novice analysis) #techFrom what I've seen so far, USD/JPY has the momentum to try to break through 146.093 and is heading towards 146-147.
The price could make a pullback around the first key level before breaking through, if not, I would anticipate the price making a retracement after breaking through
Hi, I'm not good at trading, and I'm still learning. I explore trading alone myself and also use online free sources to improve. If somewhere mistakes please notify me
Thank you.
Yen slides on oil supply jitters after US attack on IranThe Japanese yen has started the week with sharp losses. In the European session, USD/JPY has jumped 1.2% on the day and is trading at 147.82. The yen has fallen to five-week lows against the US dollar.
The fallout from the US attack on Iranian nuclear facilities over the weekend is being felt in the currency markets. The Japanese yen, traditionally a safe-haven currency, continues to depreciate, in response to rising oil prices.
Oil prices rose to their highest level since January on Monday after the US attack on Iranian nuclear facilities. Iran has threatened to close the Straits of Hormuz, a critical trade route through which 20% of the world's oil supply passes through each day. Oil prices have jumped about 10% since the Israel-Iran war started on June 13 and fears of a disruption to oil supply could further boost oil prices.
As oil prices have climbed, the yen has lost ground, declining 3.0% since the Israel-Iran war started. Japan imports almost all of its oil and the rise in oil prices is hurting Japan's trade balance.
Japan's core inflation rate climbed 3.7% y/y in May, up from 3.5% in April. Core CPI has accelerated for a third straight month and hit its highest level since Jan. 2023. This was above the market estimate of 3.6%. Headline inflation ticked lower to 3.5% from 3.6% in April, below the forecast of 3.6%.
The rise in core CPI supports the case for the Bank of Japan to boost interest rates, but the uncertainty over tariffs and the Israel-Iran war will likely mean that the BoJ will stay on the sidelines in the coming months.
There is resistance at 146.91. Next, USD/JPY is testing resistance at 147.61
146.51 and 145.81 are the next support levels