USDJPY.1000.DUB trade ideas
USDJPY: Major turning point ahead?๐งฉ On the weekly and monthly timeframes, the structure of CAPITALCOM:USDJPY FX:USDJPY OANDA:USDJPY FOREXCOM:USDJPY FX_IDC:USDJPY remains highly ambiguous. The key question now is: are we on the verge of a long-term trend reversal and the beginning of yen appreciation, or is this just another phase in an ongoing uptrend?
๐ Why it matters: The Carry Trade Effect
The yen has traditionally been a key funding currency in carry trades โ a strategy where investors borrow low-yielding yen to invest in higher-yielding assets abroad. However, the unwinding of the carry trade, which started in August 2024 and continues today, is leading to yen strength and broad risk-off across global markets, from equities to crypto.
๐ What does the technical picture say?
Looking at the structure since 2022, we see a series of zigzag formations that collectively resemble a triangle or other corrective pattern.
๐ Base scenario:
We're likely in the development of wave C of a triangle. This wave could extend to the 140โ138 area, where we find:
key trendline support
200-week moving average
high volume support zone (VPVR)
or
๐ Alternative view โ Ending Diagonal
If the current structure turns out to be an ending diagonal, it may signal a full trend reversal and the start of a deeper cycle of yen strength. This remains an alternate view for now, but one worth tracking.
โ ๏ธ Fundamental triggers for yen strength:
Aggressive Fed rate cuts in 2025
Rising geopolitical risks
Institutional unwind of carry trades
Continued hawkish stance from the BoJ (dependent on inflation metrics)
๐ Bottom line:
This is a pivotal moment. The decision of large players here could define the trend for years to come. Watch the 140โ138 zone and volume reactions. A breakdown below this area would confirm the beginning of a strong yen trend.
USDJPY: Expecting Bullish Continuation! Here is Why:
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to buy USDJPY.
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USDJPY - Bearish Momentum Points to Further Downside PotentialBased on the USD/JPY 4-hour chart, the higher probability move appears to be to the downside. The pair has established a clear downtrend since early February, with lower highs and lower lows, and recently broke below the significant support level around 144.00. The recent steep decline from late March to early April shows strong bearish momentum, with price now hovering near 143.50 after a modest retracement. The charted projection suggests further downside movement with potential targets around 142.00-141.00 in the short term, while the highlighted support zone around 142.00 and major support at 139.64 could attract price action. With resistance firmly established in the 147.00-148.00 region and the overall bearish structure intact, sellers appear to have control of this market for the foreseeable future.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USDJPY AnalysisThis chart displays a 1-hour candlestick chart for USD/JPY (U.S. Dollar vs. Japanese Yen) as of April 13, 2025, using data from OANDA on TradingView. Letโs break down the key elements and provide a technical analysis:
๐ Chart Overview
โข Current Price: Around 143.47
โข Trend: The market has been in a clear downtrend from the 151.5 level to around 143.
โข Key Tools/Indicators Used:
โข BBandLE/BBandSE: Bollinger Band-based Long/Short Entry signals.
โข Support & Resistance Zones: Highlighted by the red/purple rectangular zones.
โข Risk-to-Reward Trade Setup: Shown using the green (profit target) and red (stop loss) shaded areas.
๐ Support & Resistance Levels
1. Resistance Zones:
โข ~151.5 (significant sell-off zone)
โข ~147.8โ148.3 (where multiple BBandSE entries occurred)
2. Support Zones:
โข ~143.0โ142.9 (price bounced here recently)
โข ~141.9 (potential final support from April 11th)
๐ Buy Signals
Multiple BBandLE (Buy entries) occurred at:
โข ~146
โข ~144
โข Most recent one around 143, suggesting a potential bottom/reversal.
These coincide with the support zone around 143โ142.9, indicating possible accumulation or institutional buying.
๐ Sell Signals
โข Several BBandSE (Sell entries) occurred around:
โข 151.5
โข 148.5
โข 147.5
These acted as strong resistance, confirming the bearish momentum that led to the current low.
๐งฎ Trade Setup
From the chart:
โข Entry: Around 143.4 (current level)
โข Stop-loss: ~142 (below recent support)
โข Target zone: ~147โ148.3 (resistance level)
โข Risk-to-Reward: Estimated at around 1:3, making it a favorable setup if the reversal holds.
โ ๏ธ Risks
โข False breakout risk below 143: Could test 141.9 support or fall further if broken.
โข Yen intervention or USD-related economic data could cause sudden volatility.
โข Current market sentiment is still bearish, so early entries might need tight management.
โ
Conclusion
โข Technical Bias: Short-term bullish reversal potential, but overall trend still bearish.
โข Strategy: Ideal for a short-term counter-trend long trade, with tight stop-losses and partial profit-taking near the 147โ148 zone.
โข Confirmation needed: Wait for a higher high above 144.5โ145 to confirm the reversal.
USD/JPY Bullish Breakout Setup โ Entry, Stop Loss & Target AnalyPair: USD/JPY
Timeframe: 15 minutes
Indicators Used:
EMA (30-period) โ Red line
EMA (200-period) โ Blue line
Chart Features:
Downward channel (declining trendline)
Identified entry point, stop loss, and target
Key support/resistance zones shaded in purple
๐ข Trade Idea Summary:
๐นEntry Point: 143.126
๐นStop Loss: 142.702
๐นTarget (Take Profit): 148.249
๐นRisk/Reward Ratio: ~1:5 (Excellent R/R)
๐ Technical Analysis:
โ
Bullish Breakout Signal
Price has broken above the descending channel and has retested the breakout area (highlighted purple zone) โ a classic bullish breakout structure.
The breakout retest near 143.126 is acting as support, with potential to launch a new bullish move.
๐ Moving Average Analysis
EMA 30 is starting to flatten and curve up โ indicating potential shift in momentum.
EMA 200 is still above price, but a breakout above it could strengthen the bullish case.
๐ Support and Resistance
Strong support zone around 143.000 โ 143.200 area (highlighted zone).
Major resistance and target zone is between 148.000 โ 148.250.
๐ Trade Plan Suggestion:
Go Long at or near 143.126
Place Stop Loss below support at 142.702
Target 148.249 for profit
Reasoning:
This setup offers a trend reversal potential from a downtrend to uptrend, with a clean breakout-retest-confirmation pattern. The wide take profit range gives room for extended upside as momentum builds.
โ ๏ธ Watch For:
Reaction to the 144.325 (EMA 200) level
Increased buying volume to confirm breakout
Any re-entry into the channel (would invalidate setup)
Too Many Bullish Clues โ Greed Activated๐Current Price: 143.437
TimeFrame 30Min
Bullish Reasons:
+ Strong Support
+ Psychological Level
+ Tweezer Bottom
+ Bullish RSI Divergence
+ Channel Bottom
= Potential Bullish Reversal
Support & Resistance Levels:
โข 142.000 โ Strong Support + Psychological Level
โข 140.000 โ Strong Support + Psychological Level
โข 148.000 โ Psychological Level + Price Target
โข 150.000 โ Psychological Level
"Trade smart โ always follow your risk management.
Protect your account first, profits will follow.
Happy trading!"
Gold's Final Push?Multi Time Frame Analysis:
1. Monthly Chart;
โข RSI: Extremely Overbought at 84.66
โข Volume: Declining โ signals weakening buying pressure
2. Weekly Chart;
โข Historical Volume Spike
โข RSI: Overbought at 78.26
3. Daily Chart;
โข Price near Upper Channel Line
โข R2 (3246.25): Resistance/Trend Continuation Zone
โข MML +2/8 (3281.25): Extreme OverShoot zone (POI)
โข R3 (3315.96): Exhaustion Zone
โข Gap at 3177.260 still unfilled
โข RSI: 71.24 โ overbought
โข Pattern: Rising Wedge
4. 4H Chart;
โข RSI: Overbought
โข No Valid Correction
5. 2H Chart;
โข RSI: Overbought
โข MACD Histogram: Fading
โข MACD Lines: Near Crossover
โข Volume: Declining
6. 1H Chart;
โข MACD Crossover occurred, histogram below zero
โข Volume: Weakening
โข Price: Still rising despite momentum loss
7. 30-Min Chart;
โข MACD Downtrend but price pushing up
โข Histogram below zero, divergence forming
โข Volume: Dropping
โข Near R2 Pivot
Gold appears to be in a trend exhaustion phase. Across higher and mid-timeframes, RSI is extremely overbought, volume is consistently declining, and the MACD is losing momentum. Price is approaching a critical zone between R2 (3246.25) and MML +2/8 (3281.25)โour points of interest (POI) for potential reversal.
If 3246.25 holds, we may see a correction. However, if price breaks above this level, the final resistance could be 3315.96 (R3 Exhaustion Zone). Any signs of inducement or fake breakout could trap buyers at the top (FOMO entry).
Confirmation signals to watch:
โข Reversal Candlestick Patterns: Shooting Star, Evening Star, Bearish Engulfing, or multiple Doji formations.
Final Thoughts:
Gold is currently trading at elevated levels, showing signs of exhaustion across nearly all timeframes. With the RSI reading at an extreme 84.66 on the monthly chart, and volume drying up as price continues to rise, this suggests that the market is driven more by momentum and emotion than sustainable buying pressure. The presence of an unfilled breakaway gap at 3177.26, combined with key resistance zones approaching at R2 (3246.25), MML +2/8 (3281.25), and R3 (3315.96), indicates that Gold may be entering a Fear of Missing Out (FOMO) phase, often marked by impulsive buying and the final surge before a correction. Patterns like the Rising Wedge, MACD divergence, and consistent overbought RSI across MTFs reinforce the likelihood of a potential reversal.
However, due to the nature of FOMO-driven moves, the price could still spike before reversingโthis is where inducement traps often catch late buyers. Itโs crucial to remain patient and wait for proper confirmation signals such as bearish candlestick formations, MACD crossovers, or strong rejection wicks at resistance levels. If price reacts at these zones without breaking through decisively, it could be an ideal setup for short opportunities. Always protect your capital with a solid risk management strategy, use clearly defined stop-loss levels (preferably just above R3), and avoid emotional trading decisions. The technicals are aligning for a significant correctionโwhat remains is the right trigger.
๐ฏ Potential Targets:
โข Support Zone 1: 3210.75
โข Gap Fill / 26.60% Fib: 3177.26
โข Support Zone 2 / 38.20% Fib: 3131.00
โข Support Zone 3 / 50% Fib: 3101.50
โข Support Zone 4 / 64% Fib: 3052.79
โข Final Target / 78.60% Fib: 3022.52
โข Demand Zone: 2961.00
USD_JPY WILL FALL|SHORT|
โ
USD_JPY is already making
A bearish pullback from the horizontal
Resistance of 144.500 while trading
In a downtrend so we are bearish
Biased and we will be expecting
A further bearish move down
SHORT๐ฅ
โ
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USDJPY at Major Support Level - Will Buyers Step In?OANDA:USDJPY has reached a major support level, marked by significant buying pressure. This area has historically acted as a strong demand zone, increasing the likelihood of a bullish reaction if buyers step in again.
The current market structure suggests that if the price confirms a rejection from this support level, there is a high probability of an upward move. I anticipate that, if rejection occurs, the market may head higher toward the 147.570 level, which serves as a logical target within the current structure. However, a break below this support would invalidate the bullish bias and could lead to further downside.
This setup reflects the potential for a retracement after an impulsive move, supported by the confluence of previous price behavior and the current structure. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
USDJPYswing structure is bearish . Daily fractals is bearish as well .
But the price just gave upside fractals shift -> possible to move upside toward marked liquidity .
and once the price will sweep liq & gave drawn fractals shift from Daily supply .
Then there will time for Sell in USDJPY. JPY index is coming down as well to tap into its' daily demand
Weekly Market Analysis - 12th Apr 2025Here is another weekly market analysis!
The US Dollar has been tanking, but respecting the higher timeframe PD Arrays nicely.
I'm anticipating lower prices for it, and share my thoughts in the video in relation to other forex pairs.
Good luck out there next week!
- R2F Trading
USD-JPY Risky Short! Sell!
Hello,Traders!
USD-JPY is trading in a
Downtrend and the pair
Is making a local pullback
But will soon hit a horizontal
Resistance level of 144.700
From where we will be
Expecting a further
Bearish move down
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USDJPY LONG FORECAST Q2 W15 D11 Y25
USDJPY LONG FORECAST Q2 W15 D11 Y25
Happy Friday Traders, It has been a week of sitting on capital. Being cautious, awaiting for breaks of structures at key areas and not not getting dragged into trades that do not fully present themselves. The clues have been there. The carrot has been continually dangled however as risk managers... You know how the saying goes.
We stay true to our trading plan.
We hold firm with what we know works.
We are aware of our market edge.
We know our "perfect" set up does present itself.
with that said, we are dynamic! We do of course entertain the "Imperfect" setup. We simply approach with caution.
A slightly different take. Can we snap the lows of Tokyo in the London session. Tap into the 4 hour order block, push bullish to break Lower time frame structure?
A quick setup with a take profit area where FRGNT anticipates a potential turn around in price short.
Lets see how it plays !
Trade well.
FRGNT X
USDJPY LONG POSITION FORECAST UPDATE Q2 W15 D11 Y25USDJPY LONG POSITION FORECAST UPDATE Q2 W15 D11 Y25
Good Friday to you, Traders!
Take a look at this morning analysis!
As per the morning brief, we await the price action to come to us.
-Awaiting the weekly order block rejection. Aligning with rejection of the 4 hour order block.
-Await of break of structure on the 15'.
-Have it confirmed with a break of structure on a lower time frame. Be it the 5' or 1'.
FRGNT, is current risk off the position and look forward to banking fun coupons on Friday as per the plan.
Happy weekend.
See you Sunday for a breakdown of all pairs.
Until then.
FRGNT X
USD/JPY Under Pressure โ Bears Take the Lead After Break of Supp๐ USD/JPY Daily Technical Outlook โ April 11, 2025
Overview:
The USD/JPY pair experienced a significant decline on Friday, opening at 145.22, reaching a high of 145.50, and a low of 142.04, before closing at 142.30. This downward movement reflects the continuation of the bearish trend from earlier in the week, influenced by safe-haven flows into the Japanese yen amid escalating trade tensions and weaker U.S. economic data. โ
Mitrade
๐ Current Market Structure:
After a period of consolidation, the pair broke below key support levels, signaling strong selling momentum. This move comes amid concerns over the U.S. economic outlook and increased demand for the Japanese yen as a safe-haven currency. โ
๐น Key Resistance Levels:
143.45: The previous support level, now acting as immediate resistance. A break above this level could indicate a potential reversal.โ
145.08/145.91: A significant resistance zone. A move above this area could challenge the bearish outlook. โ
147.85: A major resistance area, which could be a target for buyers if the bullish trend resumes. โ
FOREX24.PRO
๐ธ Key Support Levels:
142.04: The low for the day, which acts as immediate support. A stay above this level may prevent further declines. โ
Mitrade
139.59: A significant support level. A break below this could signal a continuation of the downtrend. โ
FX.co
137.92: Strong support, marking a previous high from March 2023. โ
FX.co
๐ Price Action Patterns:
The strong bearish candles in recent days indicate dominance by sellers. The breakout below previous support levels and the formation of lower lows support the continuation of the downtrend. However, traders should watch for potential reversal patterns as the price approaches key support areas.โ
๐งญ Potential Scenarios:
โ
Bullish Scenario: If USD/JPY holds above 142.04, the pair may attempt a rebound towards 143.45 and potentially 145.08/145.91, driven by short-term profit-taking and potential easing of risk-off sentiment.โ
โ Bearish Scenario: If USD/JPY fails to sustain above 142.04, a decline to 139.59 could occur. A break below this level could lead to further declines towards 137.92.โ
๐ Conclusion:
USD/JPY is exhibiting strong bearish momentum, influenced by safe-haven flows into the Japanese yen and concerns over the U.S. economic outlook. A sustained break below support levels could lead to further declines. Traders should monitor key support and resistance levels and stay informed on global economic developments.โ
Mitrade
Note: This analysis is based on data available up to April 11, 2025. Always monitor the latest developments and apply appropriate risk management when trading.
Yen Carry Trade & Rate Hike (BoJ)The USD/JPY pair is likely to fall toward the 140 level as two key factors weigh on the market: the unwinding of the yen carry trade and growing fears of a rate hike by the Bank of Japan (BoJ).
For years, Japanโs ultra-low interest rates made the yen a favorite currency for carry trades, where investors borrow yen cheaply to invest in higher-yielding assets elsewhere. However, as global markets face increased volatility and central banks tighten monetary policy, these trades are becoming less attractive. Investors are now unwinding these positions, which involves selling off foreign assets and buying back yen, strengthening the currency and putting downward pressure on USD/JPY.
At the same time, the BoJ has hinted it may soon raise interest rates as inflation in Japan shows signs of persistence. Even the expectation of a rate hike reduces the appeal of the dollar against the yen, as higher Japanese rates would narrow the interest rate differential. This makes the yen more appealing and further accelerates the unwinding of carry trades.
With these factors aligning, the USD/JPY pair potentially faces significant downward momentum, making a move toward the 140 level increasingly likely.
USDJPY What Next? BUY!
My dear followers,
This is my opinion on the USDJPY next move:
The asset is approaching an important pivot point 145.10
Bias - Bullish
Safe Stop Loss - 144.25
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 146.89
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK