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USDJPY - Retesting the lowThe USD/JPY currency pair has shown a significant downward trend since mid-January 2025, falling from peaks around 158.50 to current levels near 151.77. The price action has been characterized by a series of lower highs and lower lows, with notable resistance forming around the 156.00 level during late January and early February. The technical analysis suggests further bearish momentum, with a red arrow indicating a potential continuation of the downward movement toward the 150.89 support level. This bearish outlook is reinforced by the pair's inability to maintain gains above 155.00 in recent trading sessions, and the current price structure shows limited signs of reversal potential in the near term.
Short
by financialflagship
USD/JPY Holding Above 151.79 – Breakout or Rejection Next?USD/JPY Technical Analysis – February 18, 2025 The price is stabilizing above the 151.79 support line, indicating a potential move toward the 153.27 resistance. To confirm a bullish continuation, USD/JPY must break above the 153.97 trend resistance, which could push the price further toward 155.10. However, if the price fails to hold above 151.79 and breaks below 151.04, it would signal a bearish trend toward 149.67 and 147.82. Key Levels to Watch 🔹 Pivot Point: 151.79 🔹 Resistance Levels: 153.27, 153.97, 155.10 🔹 Support Levels: 151.04, 149.67, 147.82 📉 Directional Bias: USD/JPY is expected to test 153.27 - 153.97 before deciding whether to break out higher or reject downward toward 151.79. 💬 Will USD/JPY break resistance or face rejection? Drop your thoughts! 👇🔥
Long
by SroshMayi
Yen Dips After Strong Japan GDP DataThe Japanese yen slipped to around 151.8 per dollar, reversing a three-day rally as the dollar gained strength after Fed officials signaled reluctance to cut rates due to inflation concerns. Japan’s Q4 GDP grew 0.7% quarter-on-quarter, up from 0.4% and beating the 0.3% forecast. On an annual basis, GDP rose 2.8%, aligning with expectations and improving from 1.7% in Q3. These figures support a more hawkish outlook for the Bank of Japan, though uncertainty remains over a potential rate hike in March, with further increases expected later this year. Technically, resistance is at 154.90, with further levels at 156.00 and 157.00. Support stands at 151.25, followed by 149.20 and 147.10.
by ChartMage
Fundamental Market Analysis for February 18, 2025 USDJPYThe Japanese yen (JPY) attracted some sellers during Tuesday's Asian session, which, along with a slight rise in the US dollar (USD), helped the USD/JPY pair to stage a modest recovery from the 151.250 area or more than a one-week low. Investors welcomed US President Donald Trump's delay in imposing retaliatory tariffs. This, in turn, is seen as a key factor undermining the safe-haven yen. However, a significant Yen depreciation still seems unlikely amid rising bets for an interest rate hike by the Bank of Japan (BoJ), helped by the release of robust Q4 Japanese GDP data on Monday. Meanwhile, the BoJ's hawkish expectations have led to a significant rise in Japanese government bond yields to multi-year highs. In addition, the recent decline in U.S. Treasury yields, supported by expectations of further interest rate cuts by the Federal Reserve (Fed), has narrowed the differential between U.S. and Japanese rates. This may further deter traders from aggressive bearish bets on the lower-yielding yen. Thus, it would be prudent to wait for strong buying before confirming that the USD/JPY pair has bottomed and positioning for further recovery. Trading recommendation: BUY 152.000, SL 151.300, TP 153.100
Long
by Fresh-Forexcast2004
Mastering the Marubozu Candlestick Pattern in Trading Mastering the Marubozu Candlestick Pattern in Trading Have you been looking at a chart for hours, wondering when to buy or sell? In one moment, the chart is green, screaming “buy.” Next, it’s all red, and the price is falling. Buying or selling becomes a tough decision if you resonate with this. However, candlesticks on your chart can help you. This FXOpen article will help cover one of them – the Marubozu candle pattern. Tag along to learn about this candlestick, its types, and how to trade using it. What Is a Marubozu Candle? A Marubozu is a candlestick with no wicks that has a long body. It signals a strong price action as buyers or sellers dominate the session. “Marubozu” is a Japanese term meaning “bald” or “close-cropped.” It can be bearish (if the open price is above the close) or bullish (if the open price is below the close). When it occurs, traders prepare for a significant price movement. But first, how can you identify it? Marubozu in a Range In a range, the price moves within horizontal support and resistance. It indicates that the buyers and sellers are in a serious battle, and neither dominates. It also shows that traders have their hands folded with little activity. A Marubozu might break the range, indicating that momentum is starting to build up. Aside from range, the Marubozu candlestick pattern occurs in a trend. This might be at its beginning, middle, or end. Marubozu Starts a Trend A new trend starting with a solid price movement may contain a Marubozu. It might pop up due to important news events. Traders who come on board early might have more room to capture new opportunities. Marubozu in Mid-Trend Whether it’s a bull run or a bear market, trends often slow down for some time. This causes traders to slow their activities. Afterwards, trends pick up the pace and continue in the same direction. A Marubozu candlestick pattern may signal that traders’ momentum is back, and they can position themselves for market opportunities. This may occur mid-trend or after the trend halts for a period. Marubozu Ends a Trend The end of a trend is a spot where investors position themselves for new opportunities. Why? A new trend will likely begin, and catching it allows one to place a new trade. This is a reversal, and the Marubozu candlestick pattern can show when it occurs. Marubozu Candle Types There are two main types of the Marubozu pattern in forex, commodity, stocks, crypto*, and other markets. Bearish Marubozu Candlestick What does a red (bearish) Marubozu mean? A red Marubozu indicates strong selling pressure in the market. It forms when the open price is at the highest point of the period and the close price is at the lowest, meaning the price fell consistently throughout the session without any upward movement. You may consider these steps in trading the bearish Marubozu pattern: - Identify the bearish Marubozu. - Consider opening a short trade at the next candle or after a few candles form. - Place the stop-loss level above the nearest swing high. - Take profit at the next swing low, support level, or based on other technical analysis tools. Check this example for a vivid illustration: Bullish Marubozu Candlestick A bullish Marubozu is the opposite of the bearish version. It catches the eyes of bulls seeking buying opportunities. It opens at a low price and closes at a high, so it has no wicks. The significant length of the candle also indicates buying pressure. The theory states you can trade the bullish Marubozu candlestick pattern as follows: - Identify the bullish (green) Marubozu candle. - Consider going long at the opening of the next candle or after a few candles form. - Place a stop-loss level below the closest swing low. - Take profit at the next swing high, when the price begins to range, or when other technical analysis tools signal a price reversal. Here’s an example providing more details: How Can You Confirm a Marubozu? Confirming the Marubozu candlestick pattern involves more than just spotting its distinct body. Traders often look for additional signals to validate the strength and direction indicated by the Marubozu. Traders typically consider the following factors for confirmation: - Volume Spike: A significant increase in trading volume accompanying the Marubozu can suggest the price movement has conviction. The high volume shows that many market participants are behind the move. - Trend Context: Marubozu patterns within an established trend hold more weight. For instance, a bullish Marubozu during an uptrend is more likely to lead to continued bullish action than one in a sideways market. - Proximity to Key Levels: Traders often observe support and resistance levels. A Marubozu breaking through a key resistance or support level confirms momentum, as it shows the market overpowering those critical areas. - Candlestick Clustering: The following candles can provide additional context. For example, if after a bearish Marubozu, bearish candles appear, it reinforces the downward momentum. Limitations of the Marubozu Pattern While the Marubozu candlestick pattern signals strong momentum, it comes with certain limitations that traders must consider: - Lack of Context: A Marubozu doesn't provide enough context on its own. Without understanding the broader trend or the market conditions, it may not accurately determine future price movements. - False Signals in Sideways Markets: In ranging or choppy markets, a Marubozu can create false signals. The pattern might suggest a breakout, but if the market is indecisive, the movement may not follow through. - Absence of Retracement Information: The Marubozu doesn't indicate whether the price will retrace before continuing in the same direction. Traders may enter too early, only to face pullbacks that can hit stop-loss levels. - Dependence on Volume: While a Marubozu shows strong price action, low trading volume can render it unreliable. A lack of volume behind the move could indicate weak conviction from market participants. Trading Strategies Involving Marubozu Finally, let’s take a closer look at a couple of Marubozu trading strategies. Marubozu Retracement Breakout This strategy revolves around identifying a Marubozu candle in line with a broader trend and waiting for a brief price retracement before the trend continues—similar to the concept of a dead cat bounce. Traders can use this setup to capture trend breakouts. Entries After observing a Marubozu candle that aligns with the prevailing trend, traders typically wait for the moment when the price briefly moves against the trend before resuming. Once the retracement is identified, a stop order can be placed at the high (for bullish setups) or low (for bearish setups) of the candle formed before the retracement. Stop Loss Traders may place a stop-loss order above the opposite end of the retracement move. For a bullish setup, this means below the retracement low, while in a bearish setup, it would be above the retracement high. Take Profit Profits might be taken at a favourable risk-reward ratio, such as 1:3. Alternatively, traders may aim for a significant area of support or resistance where a reversal is likely. Marubozu EMA Strategy This strategy combines the Marubozu candlestick pattern with a pair of exponential moving averages (EMAs) to confirm strong trend momentum. Traders often use one short EMA and one long EMA, such as 12 and 28, though some may prefer alternatives like 9 and 21 or 20 and 50. Entries Traders typically look for the Marubozu candle to close strongly through one or, ideally, both EMAs. This signals strong momentum in the trend direction. Some traders may choose this as their entry point, while others may prefer to wait for extra confirmation, such as a crossover between the two EMAs, signalling a stronger trend continuation. Stop Loss Stop-loss orders might be set just beyond the high (for bearish setups) or low (for bullish setups) of the Marubozu candle. Alternatively, more conservative traders might place the stop beyond one of the recent highs/lows, depending on their risk tolerance and the specific setup. Take Profit Profits might be taken at a preferred risk-reward ratio, such as 1:3. Another common approach is to target a significant support or resistance level, where a reversal is more likely. Final Thoughts The Marubozu candlestick pattern, when combined with other forms of analysis and tools, offers traders a powerful way to capture market momentum. FXOpen provides an ideal platform for applying these strategies, offering more than 600 markets, blazing-fast speeds of trade execution, and competitive trading costs. Open an FXOpen account today to explore these opportunities and enhance your trading experience. Good luck! FAQ What Is a Marubozu in Candlestick? The Marubozu candle meaning refers to a candlestick with no upper or lower wicks, indicating that the price opened and closed at extreme levels during a session. Its long body reflects strong buying or selling momentum, depending on whether it’s bullish (green) or bearish (red). How Can You Identify a Marubozu? A Marubozu candlestick can be identified by its lack of wicks. In a bullish Marubozu, the open price is at the lowest point, and the close is at the highest, signifying strong buying pressure. A bearish Marubozu is the opposite, with the open at the highest point and the close at the lowest, showing dominant selling pressure. What Is the Difference Between Bullish and Bearish Marubozu? The difference lies in price movement. A bullish Marubozu opens at a low and closes at a high, reflecting strong buying pressure. In contrast, a bearish Marubozu candlestick pattern opens at a high and closes at a low, indicating strong selling momentum. How Can You Trade a Bullish Marubozu? Traders often look for a bullish Marubozu pattern in uptrends or at key support levels. It suggests further upward momentum. Confirmation through volume or other indicators, like moving averages, is often sought to enhance trading decisions. What Does a Marubozu Determine? A Marubozu determines strong market momentum, with a bullish Marubozu indicating continued upward movement and a bearish Marubozu signalling further downward pressure or a potential trend reversal, depending on the market context. How Does a Marubozu Work? A Marubozu works by showing a candlestick with no wicks, indicating that either buyers (in a bullish type) or sellers (in a bearish type) were in complete control throughout the trading session, signalling strong market momentum in the direction of the candlestick. *At FXOpen UK, Cryptocurrency CFDs are only available for trading by those clients categorised as Professional clients under FCA Rules. They are not available for trading by Retail clients. Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Education
by FXOpen
1
USD/JPY Approaches 152.00 Amid Yen Weakness and Trade War FearsThe USD/JPY exchange rate is recovering from recent lows, reaching 151.90 on February 10, 2025, compared to the previous close of 151.30. After a significant drop in early February, the trend shows a gradual rebound, supported by the Japanese Yen’s weakness due to disappointing macroeconomic data, particularly the sharp decline in Japan’s current account balance to 1,077.3 billion Yen from November’s 3,352.5 billion Yen. The strength of the US Dollar is also fueled by concerns over new 25% tariffs on steel and aluminum announced by President Trump, driving investors toward safe-haven assets like the Greenback. From a technical perspective, USD/JPY is nearing the psychological level of 152.00, with key resistance between 152.40 and 152.90. A breakout above this range could signal further gains, while a rejection may trigger a corrective phase. Volatility is heightened by uncertainty surrounding the Fed’s monetary policy, as it may maintain a cautious stance on rates to counter inflationary pressures. Meanwhile, speculation about a potential rate hike by the Bank of Japan (BoJ) could reduce the interest rate differential between the US and Japan. The Dollar Index (DXY) stands at 108.20, slightly up by 0.1% but down from the intraday high of 108.50, indicating a cautious market sentiment ahead of Fed Chair Jerome Powell’s testimony before Congress on Tuesday and Wednesday. Traders will closely watch his statements for any hints of a policy shift.
Long
by Forex48_TradingAcademy
1
USDJPY Look For ThisOur analysis is based on multi-timeframe top-down analysis & fundamental analysis. Based on our view the price will rise to the monthly level. DISCLAIMER: This analysis can change anytime without notice and is only for assisting traders in making independent investment decisions. Please note that this is a prediction, and I have no reason to act on it, and neither should you. Please support our analysis with a like or comment! Let’s master the market together. Please share your thoughts and encourage us to do more by liking this idea.
Long
by dkb14246
Buy opportunity📈 USD/JPY Long Trade Setup 🔹 Entry: 151.453 🔹 Target: 154.770 (+2.19%) 🔹 Stop Loss: 150.814 (-0.43%) 🔹 Risk/Reward Ratio: 5.15 🔹 Timeframe: 4H Analysis: Price has reached a key support level. Potential bullish reversal setup. Volume profile suggests strong demand around entry. 200 MA acting as dynamic resistance, possible retest. 📅 Expected move completion: March 4, 2025 📊 Manage risk accordingly. Not financial advice! 🚀 #USDJPY #Forex #Trading #LongSetup
Long
by GODOCM
1
USDJPY at Key Support - Potential Buying OpportunityOANDA:USDJPY is inside a support zone, which has been a turning point for bullish move before. The recent bearish pressure brings the price into this area, creating a potential buying opportunity. If bullish signals emerge, such as strong buying volume or bullish candlestick patterns, I expect the price to move toward 152,750. However, a break below this support would invalidate the bullish bias and could lead to further declines. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management!
Long
by TrendDiva
3
Technical analysis of USD/JPY trend, downside risks may increaseHi traders, Recently, Japan released a strong GDP data, showing the resilience of Japan's economic recovery and increasing market expectations for further interest rate hikes by the Bank of Japan. The strong GDP data not only boosted the short-term trend of the yen, but also consolidated the market's confidence in the fundamentals of the Japanese economy. In addition, the interest rate gap between the United States and Japan is gradually narrowing, further boosting demand for the yen. At the same time, the US dollar is generally dragged down by market selling sentiment, and the USD/JPY exchange rate is currently hovering around the 151.80 area, and even hit a nearly 5-day low during the Asian trading session on Monday (February 17). Although the market is concerned that the reciprocal tariff policy implemented by US President Trump may have a certain impact on market sentiment, the overall fundamentals still favor yen bulls. However, although there are bullish factors for the yen on the fundamentals, the US dollar also has some positive support, and the current market is at a critical node where long and short forces are intertwined. Technical analyst interpretation: From a technical point of view, USD/JPY is currently in a key area of ​​long and short game. The current exchange rate fluctuates around 151.80, and the market shows a volatile consolidation trend in the short term, but the overall downward pressure is still obvious. From the support level, the 151.45-151.40 area is regarded as the first key support in the near future. This range is not only a continuation of the previous low, but also has a strong psychological support effect. If the support strength in this area is insufficient, the market is likely to further drop to the 150.95-150.90 area, which is the low area touched at the beginning of this month. In terms of technical graphics, both the daily and 4-hour charts show that after stabilizing near this area many times, there have been repeated declines, indicating that the short-selling force still has the upper hand. Further observing the oscillator indicators, many oscillator indicators on the daily chart remain in the negative range, showing that the overall selling momentum of the market continues. Although there was a short-term buying when the price approached the support, it failed to form an effective absorption, but the downward trend continued. If the support level is continued to be broken, follow-up selling may trigger a short chain reaction, pushing the exchange rate to a lower area quickly. From the perspective of the target, if the price breaks through the 151.45-151.40 area, the next target will be the 150.95-150.90 area, and then the decline may extend to the important psychological level of 150.00, and then test the 149.60-149.55 area, the 149.00 integer, and the 148.65 area near the swing low in December 2024. The distribution of key lows shows that the market has a clear downward path, and the short-selling force is expected to further lower the exchange rate with the loss of key support levels. On the upside, if the USD/JPY tries to rebound and break through the 152.00 level, it will face obvious resistance. The primary resistance is in the 152.70 area, which is exactly where the 200-day moving average is located, and the long-term moving average often has a strong interception effect. Following closely is the 100-day moving average, which is currently roughly in the 153.15 area. Once this moving average is effectively broken, the market may see short-covering, driving a rapid rebound in the exchange rate in the short term. The rebound trend is expected to push USD/JPY above the 154.00 mark and further impact 154.45-154.50, and may eventually test the 154.75-154.80 area near last week's swing high. Overall, USD/JPY is currently at a critical watershed in the battle between longs and shorts from a technical perspective. The current shock consolidation combined with negative oscillator indicators shows obvious downside risks; once the key support level is lost, the short trend may expand rapidly, catalyzing the market into a deep adjustment phase. On the contrary, if the upper resistance can be broken in the short term, it is expected to trigger short-covering and form a short-term rebound. Mr. Baker
Short
by Beck_Ledley
2
USDJPY CHART TECHNICAL ANALYSIS NEXT MOVE POSSIBLE This chart represents a technical analysis of USD/JPY (U.S. Dollar to Japanese Yen) on the 1-hour timeframe. Key Insights: 1. Support Zone (Blue Area): The price has reached a key support zone around 151.00 - 151.80. Buyers may step in, leading to a potential bullish reversal. 2. Bullish Projection: The black arrow indicates an expected price bounce from the support zone, targeting 152.50 - 153.00. A possible higher low formation suggests a trend shift. 3. Previous Price Action: The market formed a double-wave correction after a strong bullish move. A break above 152.00 could confirm bullish momentum. Trading Implication: If support holds: Look for buy opportunities with targets at 152.50 - 153.00. If support breaks: The price could decline further toward 151.00 or lower. Would you like me to create a short caption for your channel?
Long
by DavidHills110
USD/JPY H4 | Rising into resistanceUSD/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 152.42 which is a pullback resistance that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 153.10 which is a level that sits above an overlap resistance and the 38.2% Fibonacci resistance. Take profit is at 151.23 which is a multi-swing-low support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
1
USD/JPY Falls from 154.80 – Is 146 the Next Target?In my post last week about USD/JPY, I mentioned that the pair could resume its decline and draw attention to the 154+ sell zone. Indeed, USD/JPY started falling after reaching 154.80 and is now trading at 151.72, which is very close to a key horizontal support level. Looking ahead, I expect this support to break, pushing the pair below 150 and potentially down to the next horizontal support around 146. In conclusion, my strategy remains unchanged: I will continue looking to sell rallies, with invalidation above last week’s high. 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.
Short
by Mihai_Iacob