USDJPYUSDJPY is currently approaching a major breakout zone as it nears the apex of a symmetrical triangle pattern. The pair has broken above the key horizontal resistance area around 145.80–146.00, which previously acted as a strong supply zone. Price is now challenging the descending trendline resistance.
A confirmed breakout and retest of the triangle and resistance zone may open the door for a bullish continuation toward 147.50, and potentially 150.00+, as marked on the chart. However, if the breakout fails, we may see a pullback toward the 145.00–144.80 support region before any further upside.
This setup highlights a potential breakout-retest-continuation scenario. Traders should watch for price action confirmation near the trendline for further direction.
JPYUSD trade ideas
USDJPY: Ready for Wave 5?USDJPY is showing a strong bullish wave structure, with a clear path toward higher levels based on Elliott Wave Theory. After a successful breakout from a multi-year consolidation, price action appears to be completing a Wave (4) correction thereby setting the stage for a Wave (5) rally.
Based on the bullish structure and projected continuation:
1st Target = 157.78
2nd Target = 177.41
Final Target = 209.16 Full wave extension, top of macro channel
With support holding above ¥140.00 and a bullish bounce forming, this could mark the Wave C bottom of (4), setting the stage for the next major leg up.
Disclaimer:
This analysis is for informational and educational purposes only and does not constitute financial advice. Markets are dynamic and unpredictable.
USD/JPY Breaks Higher – Bullish Momentum Targets 148.40FX:USDJPY CMCMARKETS:USDJPY USD/JPY continues to climb, extending gains above the key 146.00 breakout level, supported by Fed–BoJ policy divergence and rising geopolitical tensions. Despite Japan’s strong CPI and PMI prints, the BoJ maintains a dovish tone, while tariff concerns continue to cap yen sentiment. The Middle East conflict further fuels demand for the USD as a safe haven.
Technically, the pair confirmed a bullish breakout, with price hugging the upper Bollinger Band – a sign of sustained upside pressure. As long as 146.00 holds, bulls may aim for the 148.40 monthly resistance.
Key Levels :
Resistance : 146.75 / 148.40
Support : 146.00 / 145.25
⚠️ Momentum favours the upside while above 146.00. Break below may trigger short-term pullback toward 145.25.
USD/JPY Short1. Intervention-fade (always live)
Sell Limit 146.00
Stop Loss 146.80
Take-Profit 1 144.50 – if hit, move stop to breakeven
Take-Profit 2 143.00
Good-till-cancelled: auto-cancel if not filled after 5 trading days
2. Break-and-retest (place this only after a daily candle closes below 145.00)
Sell Limit 145.20
Stop Loss 146.00
Take-Profit 1 144.00
Take-Profit 2 143.00
Good-till-cancelled: auto-cancel if not filled within 5 trading days of being placed
Rule: the moment one of these orders fills, cancel the other so you never have two USD/JPY shorts open at the same time.
USDJPYUSDJPY Exchange Rate
USDJPY: 144.495(July 5, 2025)
The pair has been trading in the 144.0–145.0 range in early July, reflecting recent yen strength and a broadly weaker US dollar and japan economic outlook.
10-Year Government Bond Yields
Country 10-Year Yield Date
Japan 1.45%
US 4.31-4.38%
Yield Spread (US10Y - JP10Y):
2.86 percentage points (US yield higher)
Policy Interest Rates
Country Policy Rate
Japan 0.50%
US 4.25–4.50%
Key Insights
USDJPY:
The yen has strengthened in 2025, with USDJPY falling from above 160 earlier in the year to the mid-144s in July. This reflects narrowing yield differentials and shifting global risk sentiment.
Bond Yields:
The US 10-year yield remains elevated at 4.31-4.38%, while Japan’s 10-year yield is at 1.45-1.43%, since 2019 jp10y is on the rise ,reflecting japan strong economic outlook
Yield Differential:
The US-Japan 10-year bond yield spread is 2.86%, favoring the US dollar. However, this spread has narrowed from earlier highs, contributing to recent yen strength.
Interest Rate Policy:
The Federal Reserve maintains a 4.25–4.50% target range, with markets expecting possible cuts later in 2025.
The Bank of Japan holds its policy rate at 0.50%, the highest since 2008, but remains cautious about further hikes due to growth and inflation uncertainties.
Summary Table
Metric US Japan Differential
Policy Rate 4.25–4.50% 0.50% 3.75–4.00%
10-Year Bond Yield 4.31% 1.45% 2.86%
Market Implications
USDJPY Direction:
The narrowing yield spread and expectations of Fed rate cuts have pressured USDJPY lower, supporting the yen.
Bond Differential:
The still-wide, but narrowing, US-Japan yield gap remains a key driver for capital flows and currency moves.
Interest Rate Outlook:
Any shift in Fed or BOJ policy will directly impact both the yield spread and USDJPY direction in the coming months.
#usdjpy
USD/JPY at Crossroads: Breakout or Big Drop Ahead? USD/JPY Analysis – July 2025
🔍 Technical:
Price: 144.50
Key Resistance: 149.50
Key Support: 140.12, then 117.64
Two possible moves:
Bullish: Break above 149.50 → Target 156+
Bearish: Stay below 149.50 → Drop to 140 → 128 → 117
🌍 Fundamental:
USD Strength: If inflation stays high, Fed may delay rate cuts.
JPY Strength: BOJ may shift policy or intervene if Yen weakens more.
🔑 Upcoming Events:
July 11 – US CPI
BOJ outlook & Fed comments matter
🎯 Outlook:
Bearish bias if price stays below 149.50.
Bullish only if clean breakout above resistance.
USDJPY| - Bullish Structure Holding | Waiting For Mitigation Pair: USDJPY
Bias: Bullish
Timeframes: 4H, 30M, LTFs
• 4H is showing clean bullish structure — internal high was breached, confirming bullish pressure.
• 30M broke the LH, showing further signs of demand holding.
• Now waiting on price to return and mitigate the OB zone for possible LTF confirmation.
🔹 Entry: Once price hits OB and gives CHoCH/sweep confirmation on LTFs
🔹 Entry Zone: Marked OB on 30M
🔹 Target: Near structure highs (continuation path if demand holds)
Mindset: Ride the wave, not the noise. Let the structure print, and don’t blink when price gives your cue.
Bless Trading!
USDJPY POSSIBLE LONG TRADE PLANThe pair has been trading in a bearish trend for sometime now. It has recently rejected near a key zone and broke out a falling trend line. It looks like it is now retesting this zone before initiating a bull movement.
Please do your own analysis before placing any trades.
Cheers and happy trading !!!
Another supplement to the previous bullish setupAs we now have bounced off as I described in the previous idea. This month is bullish
Ps: Whoever says trendlines don't work I can explain to you in whatever strategy you use it's the umbrella ☔ of all forex strategies. Fibonacci, SnDs, ICTs, even FVGs like this example here. FVG trader can confirm. Etcetera
USDJPY; Heikin Ashi Trade IdeaOANDA:USDJPY
In this video, I’ll be sharing my analysis of USDJPY, using FXAN's proprietary algo indicators with my unique Heikin Ashi strategy. I’ll walk you through the reasoning behind my trade setup and highlight key areas where I’m anticipating potential opportunities.
I’m always happy to receive any feedback.
Like, share and comment! ❤️
Thank you for watching my videos! 🙏