USDJPY trade ideas
Could the price reverse from here?USD/JPY is reacting off the resistance level which is a pullback resistance that lines up with the 161.8% Fibonacci extension and the 78.6% Fibonacci projection and could reverse from this level to our take profit.
Entry: 145.59
Why we like it:
There is a pullback resistance level that lines up with the 161.8% Fibonacci extension and the 78.6% Fibonacci projection.
Stop loss: 146.75
Why we like it:
There is a pullback resistance level that line sup with the 78.6% Fibonacci retracement.
Take profit: 143.86
Why we like it:
There is a pullback support level.
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NNFX USDJPY Short ContinuationEntered 1% Position on USDJPY Short
Settings:
50% Scale Out at 1xTP
USD News Friday NFP secure position.
Commentary:
First trade back after a break due to burn out. Excited to be back in the markets trading Judge Fortress Algorithm signals. Double excited to begin a new chapter sharing this trade setup journal with the public and build on NNFX Advanced Tactics for Live Trading!
USDJPY | Testing Supply & Trendline Resistance at 145.40USDJPY 4H Analysis
Price has rallied back into a confluence zone:
• Descending trendline resistance
• Key supply zone around 145.40
This area has rejected price multiple times in the past. I’m watching closely for:
Bearish Setup:
• Rejection candle or wick above 145.40
• Entry on confirmation below zone
• Target 143.20–141.50
Bullish Breakout Scenario:
• Clean close above trendline + 145.50
• Retest of broken structure
• Target: 147.80+
RSI and momentum tools will help confirm the move.
USD/JPY : Get Ready for another Rally! (READ THE CAPTION)By analyzing the USD/JPY chart on the daily timeframe, we can see that, as expected, the price has finally started to rise. So far, it has successfully reached the 143.5 and 144 targets, and extended up to 145.76, delivering a solid 350-pip move.
The main analysis remains valid, and I expect the price to hit the next target at 146.2 soon.
The total gain from this setup has now exceeded 570 pips, and the key upcoming supply zones are at 146.2, 148.7, and 150.
This analysis will be updated accordingly!
THE MAIN ANALYSIS :
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
USD/JPY Bullish Setup with Ascending Trend line This is a 2-hour chart of USD/JPY showing a bullish setup. The price is currently respecting an ascending support trend line, indicating potential upward momentum. There are two marked resistance levels: the first target around 144 . and the second target near the 146.00– 146.50 zone . The chart suggests a bullish continuation if the price breaks above the first target zone, with the second target acting as a stronger resistance area. Ichimoku cloud support below the price also reinforces the bullish bias.
Japanese Yen Short-term Outlook: USD/JPY Breakout ahead of NFPThe U.S. Dollar plunged more nearly 12% off the yearly high against the Japanese Yen with USD/JPY rebounding off support at last week near the 2024 low.
Initial resistance now in view at the 100% extension of the recent advance at 146.11 and is backed by the 38.2% retracement at 147.14- both levels of interest for possible topside exhaustion / price inflection IF reached. Broader bearish invalidation is eyed at the 1.6185% extension / 2022 weekly high close at 148.67/73.
Ultimately, a break / daily close below 140.25 is needed to mark downtrend resumption with the subsequent support seen at the March high-day close (HDC) / March high at 137.35/91 and the 78.6% retracement at 134.65.
From a trading standpoint, rallies would need to be limited to 147.14 IF price is heading lower on this stretch with a close below 140.25 needed to fuel the next leg of the decline.
-MB
Yen slides as BoJ cuts growth forecastThe Japanese yen continues to lose ground and is sharply lower on Thursday. In the European session, USD/JPY is trading at 144.36, up 0.92% on the day. Earlier, the yen weakened to 144.74, its weakest level since April 10.
There were no surprises from the Bank of Japan, which maintained its key interest rate at 0.5% in a unanimous vote. The BoJ has signaled that it plans to continue hiking rates and normalize policy, but the turmoil caused by US President Trump's tariff policy may delay the next rate increase until after the summer.
The BoJ board cut its growth and inflation forecasts in its quarterly outlook report. The growth forecast for the fiscal year ending March 2026 was slashed to 0.5% from 1.1% in January and inflation is not expected to remain sustainable at 2% until the second half of 2026, a year later than in the January forecast.
The forecast noted that US tariffs would dampen Japan's economy by weighing on global trade and consumer and businesses confidence would be impacted due to the "heightened uncertainties" over the tariffs.
The markets expected a soft US GDP release for Q1 but the 0.3% q/q decline was well below the market estimate of 0.2%. This followed a strong 2.4% gain in the fourth quarter of 2024. The surprise decline was driven by Trump's tariffs, as imports surged ahead of the tariffs taking effect and consumer spending declined.
The weak GDP figure raised the probability of further rate cuts and the markets are looking for up to four rate cuts before the end of the year. The Fed is in a wait-and-see mode, with little chance of a cut in May, but further economic deterioration could force the Fed to cut in June.
USD/JPY "The Ninja" Forex Bank Money Heist (Bullish)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
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Stop Loss 🛑:
Thief SL placed at the Nearest / Swing low level Using the 1H timeframe (143.000) Day trade basis.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
🏴☠️Target 🎯: 147.000
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DeGRAM | USDJPY Keeps the Demand Zone📊 Technical Analysis
● USD/JPY has broken the falling-wedge top and is holding above the 142.20 breakout line; that keeps 144.03 → 147.5 in scope.
💡 Fundamental Analysis
● U.S. March retail sales surged 1.4 %, underscoring resilient demand.
✨ Summary
A wedge breakout plus firm U.S. data, a hawkish Fed and a dovish BOJ favour more dollar strength; holding above 142.20 keeps USD/JPY on track for $144.03–147.5.
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USDJPY Daily & H4 Forecasts, Technical Analysis & Trading IdeaTechnical analysis is on the chart!
No description needed!
FX:USDJPY
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USDJPY: 300+ Pips From Previous Idea, What Hold Next? Hey Everyone
USDJPY is on a roll! It’s rebounded a whopping 300+ pips and is now on the positive side. We reckon it’s going to keep climbing in the coming days as DXY is starting to regain its strength.
And here’s the cherry on top: there’s some exciting news coming up, including the NFP tomorrow. This could really boost the USDJPY to a new record high.
But remember, when trading, it’s crucial to manage your risk carefully.
Now, let’s talk about the potential for a significant market movement. We’ve spotted a chance for a substantial bullish swing that could reach around 2050 pips. We’ve also identified three potential targets, so you can choose the one that best fits your analysis.
The main driver behind this move is the reversal of the Japanese Yen (JPY) from a bullish trend to a bearish one. So, let’s be cautious and use precise risk management techniques during this period.
Good luck and happy trading! 😊
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USDJPY... 4H chat partternThe 140.166 level on USD/JPY appears to be a historical support level. If price action previously bounced around this area, traders might be watching it as a key zone where buying interest could re-emerge.
To evaluate this level properly, consider:
1. *Past price reactions*: Did price previously reverse or consolidate around 140.166?
2. *Volume profile*: High volume near this level might strengthen its significance.
3. *Indicators*: Are RSI, MACD, or moving averages signaling oversold or potential reversal near this level?
4. *Fundamentals*: Watch for Bank of Japan and Fed policy signals or geopolitical developments, as they heavily influence USD/JPY.
USDJPY Poised to Retest Broken Trendline After Dovish BOJWe discussed the potential battle between bulls and bears near the trendline in our early April post. USDJPY bears ultimately won that battle, and the 140 target was reached. You can view the earlier post here:
Following the breakdown, the 140 level acted as support, and now an upward reaction has begun. At today’s meeting, the BOJ held rates steady at 0.50% as expected, and Governor Ueda delivered a dovish message. The BOJ lowered its core inflation forecast by 0.2% to 2.2% for 2025 and to 1.7% for 2026. The GDP forecast was also revised down from 1.1% to 0.5%.
These projections suggest the BOJ lacks full confidence in consistently reaching its 2% inflation target, though it's very close. However, the risk of tariffs complicates the outlook. Tariffs could negatively impact both growth and inflation, and the BOJ will likely hold off on further rate hikes for at least a few meetings to observe early effects.
In the context of a more dovish BOJ and the dollar index stabilizing after weeks of declines, USDJPY is staging a positive correction. A retest of the broken trendline appears likely, with potential for the short-term rally to extend toward 148.50. Beyond that point, the market will face a critical decision. If the upward reaction stalls, another medium-term move back toward 140 remains a strong possibility.
USDJPY feels like it's about to break the weekly downtrendLast week weekly candle closed as a bullish pinbar, signalling buying pressure. It has tried to break upwards twice this week already and I believe the third time would be the charm before we end the week with NFP.
However, the road up would be tough with all the FVGs hence TP1 and 2 is relatively close to each other.
Please do not risk more than 1% per trade。
If you like the idea, please help like the post and comment down your thoughts below! I would love to hear your thoughts!
Positive US talks are supporting the USD🔔🔔🔔 USD/JPY news:
➡️ USD/JPY recovered to around 142.70 during the Asian session on Tuesday as positive risk sentiment undermined safe-haven assets such as the Japanese Yen while boosting the US Dollar. However, further gains appear limited amid weak trading conditions due to a holiday in Japan.
Personal opinion:
➡️ Positive news on tariff negotiations is emerging more and more, and the parties are also easing trade tensions. This is supportive for the USD and could cause USD/JPY to rise slightly in the coming time
➡️Analysis based on important resistance - support and Fibonacci levels combined with trend lines to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Sell USD/JPY 143.20 - 143.30
❌SL: 143.70 | ✅TP: 142.70 - 142.20
FM wishes you a successful trading day 💰💰💰