Get started

U.S. Dollar / Japanese Yen

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

USDJPY trade ideas

USD/JPY – Key Resistance Tested After Strong RallyThe USD/JPY pair has been in a steady uptrend after finding support near the 147.800 level, leading to a breakout above key levels. The price is currently testing a significant resistance zone around 150.500, where previous rejections occurred. Key Levels to Watch: 📌 Resistance: 150.500 (current test), 155.500, 156.500 📌 Support: 147.800 If buyers sustain momentum above 150.500, we could see a move toward the 155.500 - 156.500 zone. However, rejection at this level could trigger a pullback toward 147.800 support. Traders should monitor price action at this level to determine whether a breakout or rejection occurs. What are your thoughts? Will USD/JPY break higher, or are we due for a pullback? 🚀📉
by PIXEL_BLADE
Fundamental Market Analysis for March 25, 2025 USDJPYThe Japanese yen (JPY) declined against its US counterpart for the fourth consecutive day, taking the USD/JPY pair to 151.000, or a three-week high, during Tuesday's Asian session. Sentiment regarding global risk is being fuelled by hopes that US President Donald Trump's so-called retaliatory tariffs will be narrower and less harsh than originally anticipated. In addition, optimism over a possible peace agreement between Russia and Ukraine, and reports that China is considering including services in a subsidy programme to boost consumption, have further bolstered investor confidence, undermining the safe-haven yen. Meanwhile, minutes from the Bank of Japan's (BoJ) January meeting showed that policymakers discussed under what conditions the central bank should raise interest rates further. However, the minutes gave no clues as to the likely timing of the BoJ's next move and failed to make much of an impression on the JPY bulls. The Bank of Japan's hawkish outlook is at odds with the Federal Reserve's (Fed) forecast of two 25 basis point rate cuts before the end of this year. This could deter dollar bulls from making aggressive bets and support a low-yielding yen, which should limit the upside of USD/JPY. Trade recommendation: BUY 151.000, SL 150.200, TP 152.150
Long
by Fresh-Forexcast2004
USDJPY Wave Analysis – 24 March 2025 USDJPY: ⬆️ Buy - USDJPY broke the resistance zone - Likely to rise to the resistance level 151.35 The USDJPY currency pair rose strongly after breaking the resistance zone between the resistance level of 150.00 and the resistance trendline of the daily down channel in January. The breakout of this resistance zone accelerated the active intermediate impulse wave (3) from the start of March. Given the strongly bullish US dollar sentiment seen today, USDJPY currency pair can be expected to rise to the next resistance level 151.35 (the high of wave iv from last month).
Long
by FxProGlobal
Yen Weakens Toward 150 on Weak DataThe Japanese yen weakened toward 150 per dollar, extending losses as disappointing business activity data overshadowed the BOJ’s hawkish stance. Japan’s private sector contracted in March for the first time in five months, with manufacturing shrinking for a ninth month and services slipping into negative territory. While the BOJ kept its policy rate at 0.5% last week and maintained a careful tone before Trump’s predicted April 2 tariff announcement, the central bank is still expected to raise rates later this year due to steady inflation and wage growth. Ongoing external pressures also continued to weigh on the yen. 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. 
by ChartMage
JPY/USD Head & Shoulders Breakdown – Full Professional Analysis1. Introduction to the Chart Pattern The JPY/USD chart on the 1-hour (H1) timeframe displays a well-defined Head & Shoulders (H&S) pattern, which is a well-known bearish reversal pattern in technical analysis. This pattern signals the potential end of the previous uptrend and the beginning of a downward move. A Head & Shoulders pattern consists of three main components: Left Shoulder: The price rallies to a peak, then retraces. Head: The price rises higher than the left shoulder, marking the highest point before declining. Right Shoulder: A lower peak compared to the head, indicating weakening bullish strength. Neckline: The horizontal support level that, once broken, confirms the bearish trend. 2. Key Levels & Market Structure 🔹 Resistance Level (Supply Zone) The blue box at the top represents the resistance area, where price action was repeatedly rejected. This indicates strong selling pressure at this level, preventing further bullish momentum. 🔹 Support Level (Neckline) The horizontal blue line acts as the support level or neckline of the H&S pattern. Price has tested this area multiple times, confirming it as a crucial level for trend continuation or reversal. 🔹 Trend Line (Dynamic Support) The black dashed trend line represents the previous uptrend, which provided support before being violated. The break of this trend line suggests a weakening bullish structure and increased chances of a bearish move. 3. Breakdown of the Head & Shoulders Pattern Initial Uptrend: The market was in a strong uptrend before forming the Head & Shoulders pattern. Buyers pushed the price higher, making higher highs and higher lows. Formation of Left Shoulder: Price reached a peak and then retraced, forming the left shoulder as sellers entered the market. Formation of the Head: A strong rally followed, breaking the left shoulder’s peak and reaching a new high, forming the head. However, buyers started losing momentum, leading to another retracement. Formation of Right Shoulder: The price made another attempt to move upward but failed to surpass the head’s high, forming the right shoulder. This signaled a reduction in bullish strength and potential trend exhaustion. Neckline Breakdown (Bearish Confirmation): The price dropped below the neckline (support level), confirming a bearish reversal. This is the official entry signal for traders looking for a short setup. 4. Expected Market Behavior & Trading Setup 📉 Bearish Confirmation Steps: Neckline Retest: The price might retest the broken neckline before continuing downward. Bearish Candlestick Patterns: Look for rejection signals like bearish engulfing or shooting star formations. Volume Increase on Breakdown: Strong selling pressure confirms the trend continuation. 🎯 Potential Take Profit Levels: 1️⃣ Target 1 (TP1): 0.006492 – This is a short-term support level, where the price might pause before further decline. 2️⃣ Target 2 (TP2): 0.006430 – A stronger support zone, where sellers may take profits. 🚨 Stop Loss Placement: A stop-loss should be placed above the right shoulder to protect against false breakouts. This ensures a favorable risk-to-reward ratio. 5. Risk Management & Market Conditions ✅ Entry Strategy: Wait for a retest of the neckline for a higher probability short trade. ✅ Risk-to-Reward Ratio: Ideally, aim for 1:2 or 1:3 to ensure profitability. ✅ Market Catalysts: Be cautious of fundamental news events, as they can cause unexpected volatility. 6. Conclusion: Bearish Outlook for JPY/USD 🔸 The Head & Shoulders pattern breakdown suggests a strong bearish trend reversal. 🔸 If the neckline holds as resistance, a short trade offers a high-probability setup. 🔸 Price may reach TP1 first, then potentially extend to TP2 if selling pressure persists. 📢 Final Verdict: Bearish trend confirmed; watch for short opportunities on retest. 📊 TradingView Tags: #JPYUSD #HeadAndShoulders #ForexTrading #TechnicalAnalysis #BearishBreakout #ShortTrade
Short
by GoldMasterTrades
Japanese Yen bulls remain on sidelinesThe negative Purchasing Managers' Index (PMI) report from Japan earlier this Monday has kept the Japanese yen (JPY) down throughout the Asian session. Meanwhile, the safe-haven JPY is being undermined by rumors that US President Donald Trump's reciprocal tariffs will be less severe and more limited than previously expected. The USD/JPY pair returns to the crucial level of 150.00 as the USD maintains its recovery gains from a multi-month low. The Bank of Japan (BoJ) has the room to continue raising interest rates, but the JPY bears are restrained from making aggressive bets by the expectation that robust wage growth will trickle down to wider inflation trends. Concerns about a slowdown brought on by tariffs, on the other hand, have caused investors to factor in the likelihood that the Fed will soon resume its cycle of rate cuts. It is therefore advisable to exercise caution before positioning for a further increase in the USD/JPY pair, as this could cap gains for the USD and support the lower-yielding JPY. Technically speaking, in order for bulls to maintain short-term control, the USD/JPY pair must break out above a psychological level of 150.00. If this area is broken, the pair may rise to the 151.00 mark on its way to the monthly peak, which is in the 151.30 range. Conversely, the 149.00 mark will act as a significant support, followed by the 148.60–148.55 support. Should this support be forcefully broken, the USD/JPY pair may be at risk of accelerating its decline towards the swing low from last week, which was located around the 148.22 region on the way to the 148.00 mark. A decline towards the 147.30 zone may be facilitated by some follow-through selling before spot prices ultimately fall to the 146.55–146.50 range.
by softt_inc
USDJPY Short Weekly Pattern 15M 4/23/25USDJPY Higher High to drop Shoulder to the 149.800 line then rise to 150.200 to complete drop to the lower levels of 138.800 Short weekly 15 minute buy beginning March 20th 3:15pm-EST Pattern to 149.950 March 24 Monday 3:15pm-EST 149.500 -E 138.800 -TP 151.280 -SL Disclaimer The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied
Short
by SantiagoSolutions
USDJPY at Pivotal MomentThe USD/JPY pair is indeed at a critical juncture as of March 23, 2025, testing resistance around 149. Let’s analyze this based on the historical price levels and the current market context, without inventing unsupported details. The 149 level has shown significance in recent history. On December 24, 2024, USD/JPY faced resistance near this zone (close to 149.20 per X posts around that time), followed by a rejection that aligns with your noted potential reversal. Similarly, on August 15, 2024, after peaking around 149.50 earlier in the month, the pair reversed sharply, dropping over 13% from July highs near 162 to test 141.70 by early August (Forex.com, Aug 28, 2024). This historical behavior suggests 149 acts as a pivotal resistance where bullish momentum has previously faltered, supporting a possible decline if it fails again. If USD/JPY breaks above 149, the next major resistance at 157 is plausible, rooted in historical data. On January 9, 2025, the pair approached 157 during a post-election USD rally (X sentiment), and on May 24, 2024, it tested 157.91 amid a bullish leg (J2T.com, Nov 5, 2024). A break above 149 could signal renewed USD strength, potentially driven by Fed policy expectations or yen weakness, targeting 157 as a key ceiling where sellers might reemerge. Conversely, if 149 holds as resistance and the pair breaks below, support at 140 aligns with past levels. On September 17, 2024, USD/JPY stabilized near 140.25–141.02 after a steep decline (Forex.com, Sep 13, 2024), and on December 28, 2023, it found support at 141.40 (FinanceFeeds, Sep 12, 2024). A drop below 149 could see bears push toward 140, especially if risk-off sentiment or a stronger yen (e.g., BoJ hawkishness) takes hold. Current price action, hovering around 149.287 as of March 22, 2025 (LiteFinance.org), shows RSI declining below 50 and bearish candlestick patterns like Evening Star near higher levels (e.g., 161.57), hinting at fading bullish momentum (Web ID: 0). The 50-day moving average lies below, and 140.55 is flagged as a key support by analysts, reinforcing 140 target if downside prevails. Posts on X from March 19–22, 2025, also note resistance at 149.50–150, with supports at 147.60–148.80, suggesting a tight range before a decisive move. USD/JPY is at a pivotal moment at 149. A break above could test 157, backed by January and May 2024 highs, while failure might drive it to 140, consistent with September 2024 and December 2023 supports. The outcome hinges on momentum and broader market triggers like Fed or BoJ signals—watch for a clear break to confirm direction.
by LearnCryptology
USDJPY at Pivotal MomentThe USD/JPY pair is indeed at a critical juncture as of March 23, 2025, testing resistance around 149. Let’s analyze this based on the historical price levels and the current market context, without inventing unsupported details. The 149 level has shown significance in recent history. On December 24, 2024, USD/JPY faced resistance near this zone (close to 149.20 per X posts around that time), followed by a rejection that aligns with your noted potential reversal. Similarly, on August 15, 2024, after peaking around 149.50 earlier in the month, the pair reversed sharply, dropping over 13% from July highs near 162 to test 141.70 by early August (Forex.com, Aug 28, 2024). This historical behavior suggests 149 acts as a pivotal resistance where bullish momentum has previously faltered, supporting a possible decline if it fails again. If USD/JPY breaks above 149, the next major resistance at 157 is plausible, rooted in historical data. On January 9, 2025, the pair approached 157 during a post-election USD rally (X sentiment), and on May 24, 2024, it tested 157.91 amid a bullish leg (J2T.com, Nov 5, 2024). A break above 149 could signal renewed USD strength, potentially driven by Fed policy expectations or yen weakness, targeting 157 as a key ceiling where sellers might reemerge. Conversely, if 149 holds as resistance and the pair breaks below, support at 140 aligns with past levels. On September 17, 2024, USD/JPY stabilized near 140.25–141.02 after a steep decline (Forex.com, Sep 13, 2024), and on December 28, 2023, it found support at 141.40 (FinanceFeeds, Sep 12, 2024). A drop below 149 could see bears push toward 140, especially if risk-off sentiment or a stronger yen (e.g., BoJ hawkishness) takes hold. Current price action, hovering around 149.287 as of March 22, 2025 (LiteFinance.org), shows RSI declining below 50 and bearish candlestick patterns like Evening Star near higher levels (e.g., 161.57), hinting at fading bullish momentum (Web ID: 0). The 50-day moving average lies below, and 140.55 is flagged as a key support by analysts, reinforcing 140 target if downside prevails. Posts on X from March 19–22, 2025, also note resistance at 149.50–150, with supports at 147.60–148.80, suggesting a tight range before a decisive move. USD/JPY is at a pivotal moment at 149. A break above could test 157, backed by January and May 2024 highs, while failure might drive it to 140, consistent with September 2024 and December 2023 supports. The outcome hinges on momentum and broader market triggers like Fed or BoJ signals—watch for a clear break to confirm direction.
by LearnCryptology
USD/JPY Bullish Outlook – Targeting Key Resistance at 150.155USD/JPY Technical Analysis – Bullish Outlook Toward Resistance Chart Insights: The price is currently in a recovery phase after a significant drop. A Fair Value Gap (FVG) zone has been identified, suggesting a potential pullback before further movement. The target point aligns with the resistance level around 150.155, which acts as a key supply zone. Potential Scenario: Price may retrace into the FVG zone around 148.704 – 148.956. A bullish rebound from this level could drive price toward the resistance at 150.155. If price reaches the resistance level, further rejection or continuation will depend on market conditions. Key Levels: Support Zone: 148.167 – 148.315 FVG Area: 148.704 – 148.956 Resistance Zone: 150.007 – 150.155 (Target area) Conclusion: The current structure suggests a bullish bias if price respects the FVG zone for a push higher. However, a break below the FVG could signal further downside movement.
Long
by EA_GOLD_MAN_COPY_TRADE
JPY/USD Technical Analysis - Head & Shoulder Chart Bearish Move1️⃣ Chart Type & Timeframe: Market: Japanese Yen (JPY) / U.S. Dollar (USD) Timeframe: 1-hour chart (H1) Platform: TradingView This is an intraday chart used by traders to identify short-term price action and trend reversals. 2️⃣ Identifying the Key Chart Pattern – Head & Shoulders The dominant pattern on this chart is the Head & Shoulders (H&S), a well-known bearish reversal signal that forms after an uptrend. Let’s break it down: A. Formation of the Pattern Left Shoulder: The price forms a peak, then retraces down to a support level. Head: A higher peak is formed, followed by another decline, indicating buyers are losing control. Right Shoulder: The price attempts another rise but fails to reach the previous high, showing bearish momentum is increasing. B. Neckline & Trendline Support The neckline acts as a key support level. A break below it confirms the bearish move. The trendline, which has been supporting price action for a while, is also at risk of breaking. 3️⃣ Key Support & Resistance Levels Resistance Level (0.006750 - 0.006819): This is the previous high area where sellers are active. A stop-loss is placed above this level. Support Level (0.006567 - 0.006468): Key demand zones where buyers may step in. These are the take profit (TP) levels. 4️⃣ Price Action & Expected Movement 📉 Bearish Outlook – A potential breakdown from the neckline and trendline would confirm further downside. If price breaks the trendline, a pullback to retest resistance is expected before dropping further. Take Profit (TP) 1: 0.006567 – Minor support, possible bounce. Take Profit (TP) 2: 0.006468 – Stronger support, deeper correction possible. 🚨 Stop Loss: Above 0.006819, just beyond the right shoulder and all-time high (ATH). 5️⃣ Trading Strategy & Execution 💡 Entry Strategy: Sell Breakout Entry: Short the market when the neckline/trendline is broken with strong volume. Retest Confirmation: Wait for a pullback to the broken trendline and enter when price rejects it. 📌 Risk Management: Risk-to-Reward Ratio: 1:2 or higher for an optimal setup. Use trailing stop-loss to secure profits if TP1 is hit. 6️⃣ Market Psychology & Smart Money Behavior The Head & Shoulders pattern reflects buyer exhaustion and increased seller strength. Smart money often enters after the breakdown when weak hands get stopped out. Conclusion: Trade with Confidence! This chart presents a high-probability bearish trading opportunity based on a textbook Head & Shoulders formation, support/resistance dynamics, and trendline analysis. A disciplined approach with risk management will ensure better execution. 📉 Final Verdict: Bearish Breakdown Expected – Sell the Retest! 🔥 Tags for TradingView Idea: #JPYUSD #ForexTrading #HeadAndShoulders #TechnicalAnalysis #BearishReversal #SmartMoney #PriceAction #RiskManagement #TradingSetup #TrendlineBreak
Short
by GoldMasterTrades