USDJPY trade ideas
USDJPY to continue in the downward move?USDJPY - 24h expiry
The rally was sold and the dip bought resulting in mild net gains yesterday.
Selling posted in Asia.
We have a Gap open at 147.02 from 04.04 to 06.04.
The medium term bias remains bearish.
A Fibonacci confluence area is located at 143.68.
Preferred trade is to sell into rallies.
We look to Sell at 147.02 (stop at 148.02)
Our profit targets will be 143.68 and 143.10
Resistance: 147.02 / 148.09 / 150.49
Support: 144.58 / 143.68 / 143.07
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The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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USDJPY Will Go Up From Support! Long!
Here is our detailed technical review for USDJPY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 146.391.
The above observations make me that the market will inevitably achieve 150.489 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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USD/JPY BULLS ARE GAINING STRENGTH|LONG
USD/JPY SIGNAL
Trade Direction: long
Entry Level: 146.235
Target Level: 150.962
Stop Loss: 143.090
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
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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USD/JPY Bullish Reversal: Order Block & EMA 200 TargetSMC Trading point update
This chart presents a technical analysis of USD/JPY on the 1-hour timeframe. The key insights from this analysis are:
1. Order Block & Potential Reversal
The price has dropped significantly and reached a highlighted order block zone (a key demand area).
A potential inverse head and shoulders pattern is forming, indicating a possible bullish reversal.
2. Expected Bullish Movement
The price is expected to bounce from the order block, creating a bullish structure.
The projected move suggests a retracement toward a resistance zone, which aligns with previous price action.
Mr SMC Trading point
3. Target Zone & EMA 200
The target zone is around 148.946 - 149.178, aligning with the 200 EMA, a significant resistance level.
4. RSI Indicator
The RSI is currently low (~38.93), indicating potential for a reversal as the market may be oversold.
Conclusion
The chart suggests a bullish retracement after the recent drop, targeting the resistance zone near the 200 EMA. However, confirmation is needed (e.g., bullish price action, volume increase) before taking a trade. Keep an eye on fundamental news that may impact USD/JPY volatility.
Pales support boost ๐ analysis follow)
DeGRAM | USDJPY decline from the channel boundaryUSDJPY is in a descending channel below the trend lines.
The price is moving from the upper boundary of the channel and has already broken the lower trend line.
We expect the decline to continue after consolidation under the 50% retracement level.
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Yen Fluctuates on Global Tariff VolatilityThe yen fluctuated on Monday, rising to 145 per dollar before easing to 147, as global trade tensions and reciprocal tariffs triggered market volatility. Fears of a global recession drove demand for safe havens like the yen, Swiss franc, and bonds. Japanโs February wage growth offered some optimism, and the Bank of Japan is still expected to raise rates this year despite ongoing uncertainty.
Key resistance is at 147.00, with further levels at 152.70 and 157.70. Support stands at 145.60, followed by 143.00 and 141.80.
CHECK USDJPY ANALYSIS SIGNAL UPDATE > GO AND READ THE CAPTAINTrade Type: Buy (Long)
Entry Zone: Around the 145.900 level (highlighted with a blue box).
Stop Loss: Set at 145.400 (red zone).
Take Profit Targets:
Take Profit 1: Around 146.200
Take Profit 2: Around 146.500
Last Target: 146.800
TRADE ON YOUR OWN RISK ๐๐ผ
FALLOW RISK MANAGEMENT โ
Fundamental Market Analysis for April 7, 2025 USDJPYThe Japanese Yen (JPY) began the week positively, as US President Donald Trump's extensive retaliatory tariffs heighten the risk of a global economic slowdown and continue to support traditional safe-haven assets. Concerns that the tightening of reciprocal tariffs by the US could negatively impact the Japanese economy have led investors to reduce their expectations of a faster increase in the discount rate by the Bank of Japan (BoJ). This has led to a positive impact on the yen, with the USD/JPY pair rebounding and returning to a six-month low during the Asian session. This level is below the psychological 145.00 mark reached on Friday.
Nevertheless, signs of rising inflation in Japan keep the door open for a further BoJ interest rate hike in 2025. Additionally, ongoing geopolitical tensions are expected to limit any significant depreciation in the yen. The US Dollar (USD) is attempting to capitalise on Friday's positive movement amid bets on more aggressive Federal Reserve (Fed) policy easing, fuelled by fears of a tariff-induced slowdown in the US economy. This, along with a further sharp decline in US Treasury yields, should provide a tailwind for the low-yielding Yen and halt any meaningful recovery movement in the USD/JPY pair.
Trade recommendation: BUY 147.000, SL 145.800, TP 148.150
USD/JPY 4H AnalysisUSDJPY Trade Idea: Bearish Flag Breakdown and Key Technical Levels
Trade Setup Overview
Pattern Identified: Bearish Flag breakdown (continuation pattern) after a prior downtrend.
Key Resistance: 100-period Moving Average (MA) acting as dynamic resistance.
Entry Trigger: Retest of the broken flag's lower boundary near 149.300.
Targets:
TP1: 148.30 (100 pips, aligns with the flag's measured move).
TP2: 146.60 (270 pips, targets a major swing low and psychological level).
Stop Loss: 150.00 (70 pips risk, above the flag's upper boundary and recent swing high).
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Critical Technical Factors
1. Bearish Flag Dynamics:
The flag's "pole" (prior decline) suggests a measured move target of ~148.30 (TP1).
A close below the flag confirms momentum; watch for follow-through selling.
2. Confluence with Moving Averages:
The 100-MA resistance reinforces bearish pressure. A rejection here adds confidence to the downtrend.
A break below the 200-MA (if applicable) would signal a deeper bearish shift.
3. Key Support Levels:
148.30: Near-term target (previous swing low).
146.60: Long-term support (2023 lows, 61.8% Fibonacci retracement of 2021-2023 rally).
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Risk Management
Risk-Reward Ratio:
TP1: 1:1.4 (70 pips risk vs. 100 pips reward).
TP2: 1:3.8 (70 pips risk vs. 270 pips reward).
Adjust Stops: Trail stops to breakeven if TP1 is hit to lock in gains.
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Fundamental Catalysts to Monitor
1. Fed Policy: Dovish signals (rate cuts) could accelerate USD weakness.
2. BOJ Intervention: Watch for verbal or direct action to defend JPY above 150.00.
3. Risk Sentiment: JPY strength may surge if equity markets sell off (safe-haven flows).
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Execution Plan
Sell Entry: 149.300 (wait for price to retest the broken flag boundary).
TP1: 148.30 (partial profit-taking).
TP2: 146.60 (requires sustained bearish momentum).
Stop Loss: 150.00 (avoids false breakdowns).
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Your trade plan is now structured and polished for sharing. Let me know if you need any tweaks!
USDJPY H4 | Falling from the 61.8% FiboBased on the H4 chart, the price is rising toward our sell entry level at 148.24, a pullback resistance that aligns with the 61.8% Fibo retracement.
Our take profit is set at 145.40, a support level.
The stop loss is set at 150.18, an overlap resistance.
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Bullish bounce?USD/JPY is falling towards the pivot and could bounce to the 61.9% Fibonacci retracement.
Pivot: 144.13
1st Support: 142.17
1st Resistance: 148.59
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USD/JPY Trade Breakdown | Price Action + SMA StrategyUSD/JPY Trade Breakdown | Price Action + SMA Strategy
In this video, I break down my latest USD/JPY trade setup using clean price action combined with key moving average levels. You'll see how I used market structure, momentum shifts, and simple confirmations to identify a high-probability entry.
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Timeframe:
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Strategy: Trend-following with 20/200 SMA + price action
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Direction:
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Entry, Stop Loss, and Take Profit levels included
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Ideal for scalpers and intraday traders
If you found value in this breakdown, donโt forget to leave a comment or follow for more trade insights. Stay sharp and patient in the markets!
USDJPY Potential Pennant Triple ThreatFirst,
In the Higher Timeframes (4Hr - Weekly), we can see that USDJPY is traveling down a Descending Channel since Jan 10th. Price tried pushing higher in March but ultimately fell back within the Channel beginning of this month (April) resulting only in a False Breakout but also creating a Fair Value Gap from 148.698 - 147.429.
Now down on the Lower Timeframes (15min - 1Hr) we can see that Price has created a Fair Value Gap from 146.546 - 146.226 with current Price Action forming a Pennant Pattern just above this FVG which lines up with Previous Highs (Past Resistance Level) and with Volume Decreasing, suggests we could see a Breakout soon! Now Based on the Pennant Pattern being Neutral meaning can break either way, creates the first 2 Bullish Scenarios being either a Breakout and Retest of the Pennant pattern going Bullish OR Bearish.
*Breakout will be Validated if followed by an Increase in Volume!
Scenario 1 -If BULLISH BREAKOUT - The Retest will come at the Falling Resistance of the Pattern.
Scenario 2 -If BEARISH BREAKOUT - This could suggest Price is looking to "Fill The Gap" being the FVG
** If Scenario 2 happens, this Price Movement could be looking to fulfill a Fibonacci Retracement of the Swing Low @ 145.041 to the Swing High @ 146.904, where the 38.2% Level lays at the Upper Limit of the FVG and the 50% Level lays at the Lower Limit of the FVG with the Consequent Encroachment right in the middle @ 146.385.
โBoth of this ideas suggest USD will need to gain strength which could mean fundamentally:
FOMC Meeting Minutes on Wednesday, April 9th & CPI (Consumer Price Index), the instrument used to measure Inflation, on Thursday, April 10th released results will be heavily relied on to see if there's anymore input on potential effects of Tariffs.
Scenario 3 - Fair Value Gap Inversion could suggest bad news fundamentally is released for USD and gives JPY Bears (Sellers) the ability to pull price down, keeping Price Consolidated further within the HTF Descending Channel.
USD/JPY 4H Chart Analysis:Trend Break & Support-Based Long Setup1. Previous Uptrend Channel
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Price moved in a rising channel
Lower trendline acted as support โ
Then came the trend line break โ ๏ธ โ signal of trend reversal
2. Major Drop
๐ป๐ฅ
After breaking support, the price fell sharply
Strong bearish momentum took over
Sellers dominated the market
3. Support Zone Identified
๐ฆ Support Box (146.110 - 145.156)
Buyers stepped in at this level
Possible bounce or consolidation
Price currently at 147.014 โ just above support
4. Trade Setup Idea
๐ Buy Opportunity (if price holds support)
๐ Entry Zone: Around 146.110
๐ฏ Target: 150.260
๐ Stop Loss: 145.156
๐ Risk:Reward = ~1:2 โ solid R:R setup!
5. Indicators & Confirmations
๐ DEMA (9): Sitting at 146.110 โ aligns with support!
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Extra confluence for the bounce!
Summary
If price holds above support:
Buyers might push toward 150.260
If it breaks below 145.156:
Sellers may regain control
USDJPY: Bullish Continuation & Long Trade
USDJPY
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long USDJPY
Entry - 146.99
Sl - 146.07
Tp - 149.09
Our Risk - 1%
Start protection of your profits from lower levels
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USDJPY - 4H more fall expectedFX:USDJPY - 4H Update ๐ป
If you've traded USDJPY in recent years, you're no stranger to the significance of the 150.00 zone. This level has historically acted as a critical resistance and psychological barrier.
Now, the pair is trading below this key level and has also broken the ascending channel support on the daily timeframe, signaling that bulls are likely out of the game. The recent drop to 147.00 and bounce toward 151.00 could be setting up the next short opportunity.
๐ What to watch for:
A liquidity grab above the 151.50โ152.00 zone could occur before the next fall.
This aligns with institutional behavior, hunting stops before continuing the trend.
We're now in a sell-the-rally phase, watching for confirmations around the red zone.
Remember, I previously signaled a short from the 157 zone, which played out beautifully. Weโre now gearing up for the next big short, and this setup might just be it.
๐ Stay cautious, wait for price action signals, and trust the structure.
๐ธ If youโve missed previous entries, donโt miss whatโs coming next!
๐ Follow for real-time updates and live trade ideas!
USD/JPY Bullish Reversal Setup with 2.30% Upside PotentialThis is a USD/JPY 1-hour chart analysis, and it looks like a bullish setup is being anticipated. Here's a breakdown:
Key Observations:
1. Support Zone (Purple Box - Around 146.411 - 146.429):
Multiple bullish rejections (green arrows) indicate a strong support level.
Price bounced off this support recently, forming a potential double bottom.
2. EMA Levels:
50 EMA (Red Line) is currently at 146.411.
200 EMA (Blue Line) is at 148.499, acting as dynamic resistance.
Price has crossed above the 50 EMA, a bullish sign, and might aim for the 200 EMA next.
3. Projected Bullish Path:
The path drawn suggests a pullback to the support zone around 146.429, followed by a bullish continuation.
Target zone is marked around 150.032, showing a projected gain of 2.30% (337.2 pips).
4. Resistance Levels:
Minor resistance at the 200 EMA (~148.5).
JPY/USD Daily Chart โ Falling Wedge Breakout & Bullish Target๐ Full Technical Analysis of JPY/USD (Daily Timeframe)
๐งญ Overview
The chart shows a sophisticated price structure unfolding over several months. A falling wedge reversal pattern formed during a sustained downtrend, which later transitioned into a bullish breakout and continuation. This analysis provides insights into market behavior, price psychology, and a high-probability trading opportunity supported by classical technical analysis principles.
๐ถ 1. Market Context & Structure
Before diving into the pattern, itโs essential to understand the macro structure of the chart:
The pair experienced a strong bearish move from around August to December 2024, marked by lower highs and lower lows.
During this decline, volatility gradually decreased, which often indicates seller exhaustion.
A reversal zone emerged near a major support region โ historically significant and previously tested.
๐ท 2. The Falling Wedge Pattern (Reversal Signal)
A falling wedge is a bullish reversal pattern that forms when price is in a downtrend but begins to consolidate within converging trendlines. This pattern typically signals that the downtrend is losing momentum and a breakout to the upside is imminent.
๐ Characteristics of This Wedge:
Downward Convergence: The highs and lows begin to narrow over time, indicating reduced selling pressure.
Volume Decline (Implied): Though not displayed, falling wedges usually see volume dry up before breakout.
Duration: This wedge developed over several months (October 2024 โ January 2025), lending strength to the pattern.
False Break Attempts: Several lower spikes failed to break the support, showing buying interest building.
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Bullish Breakout:
The breakout occurred decisively in late January 2025, with a large bullish candlestick closing above the upper wedge boundary โ a confirmed breakout.
Post-breakout, the price rallied strongly, indicating that buyers were firmly in control.
๐ท 3. Support & Resistance Zones
๐ฝ Support Zone (Demand Area):
Range: 0.006300 โ 0.006400
Historical pivot zone where price previously reversed, now serving as a demand base.
The lower wick rejections near this zone reinforce it as a high liquidity zone for buyers.
๐ผ Resistance Zone (Supply Area):
Range: 0.006850 โ 0.006950
This area capped price during several prior rally attempts, making it a key breakout point.
Once price broke above this zone, it became a support flip zone, indicating trend reversal confirmation.
๐ฏ Target Level:
Marked at 0.007126, derived from a measured move:
Measure the height of the wedge at its widest point.
Project this vertically from the breakout level.
This target aligns with psychological round numbers and prior resistance, adding confluence.
๐ถ 4. Post-Breakout Price Action: Bullish Retest
A breakout is only the first part of a trade; the retest phase confirms the move and offers an optimal entry.
๐ Retest Details:
After reaching the resistance zone, price pulled back, testing both:
The broken wedge trendline (now acting as dynamic support).
The horizontal structure support zone near 0.006650โ0.006700.
A bullish engulfing candle or similar reversal pattern formed at this level โ a classic retest entry.
๐ Trendline Respect:
A rising dotted trendline was drawn from the breakout low through higher lows.
This line acted as price memory and was respected multiple times, reinforcing the uptrend.
๐ท 5. Trade Setup Breakdown
This is a swing trade setup based on pattern breakout, structural confluence, and trend continuation. Here's how itโs structured:
Component Details
Pattern Falling Wedge (Reversal)
Trade Bias Long (Buy)
Entry Price ~0.006700
Stop Loss 0.006614 (below trendline)
Target Price 0.007126 (measured wedge move)
R/R Ratio Approx. 3:1
Timeframe Daily (Medium-term swing)
๐ง 6. Market Psychology & Behavior
Understanding the sentiment behind the candles is critical:
โ Before the Breakout:
Sellers dominated but with weakening momentum.
Each push down was met with buying strength, seen in long wicks and smaller-bodied candles.
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At the Breakout:
Buyers overwhelmed sellers, often with a volume spike and wide-bodied green candle.
This is usually driven by institutional positioning and stop-loss triggering from short-sellers.
๐ During the Retest:
Some retail traders exited prematurely, fearing a fakeout.
Smart money used the dip to accumulate positions, confirmed by the bounce from trendline.
๐ผ Continuation Rally:
Strong continuation candle signals momentum traders entering.
Break above resistance signals a shift in sentiment and structure.
๐ ๏ธ 7. Strategy Notes & Professional Tips
๐ Risk Management:
Never risk more than 1โ2% of capital.
Use dynamic trailing stop if price breaks above target zone.
๐ Trade Confirmation Ideas:
Look for volume spikes on breakout candles.
Use RSI or MACD divergence to confirm reversal (optional).
Look for candlestick patterns (engulfing, pin bar) on retests.
๐ Exit Plan:
Partial exit at key resistance.
Full exit at projected target or if price forms reversal signs (e.g., doji at resistance).
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Final Summary
This JPY/USD chart demonstrates an exemplary price action-based trading setup rooted in:
A well-formed falling wedge (bullish reversal).
Clean breakout + retest + continuation structure.
Multiple confluence factors: trendline, horizontal S/R, pattern projection.
Professional-grade risk/reward profile with a logical entry, stop, and target.
This kind of setup is highly favored among swing traders, price action purists, and institutional-level strategists due to its clarity and predictability.