USDJPY 30M CHART PATTERNThis chart represents a USD/JPY (U.S. Dollar / Japanese Yen) 30-minute trading setup. Here's a breakdown of what's shown:
Downtrend: Price drops sharply from around 143.95 to a support zone just above 141.80.
Double Bottom Pattern: Two lows are marked with orange circles, suggesting a potential reversal.
Entry Point: Marked by a green arrow where price bounces off the support zone.
Take Profit Zones:
First Take Profit: Around 143.25, near previous resistance.
Final Take Profit: Around 143.95, retesting the previous high.
Stop Loss: Positioned below the support zone (~141.70), minimizing risk if the setup fails.
This is a classic reversal setup using a double bottom pattern, targeting previous resistance levels.
Are you considering trading this setup or analyzing it for learning purposes?
USDJPY trade ideas
USD/JPY Retests Support Zone as Kato-Bessent FX Talks UnfoldOverview Summary:
USD/JPY has reached a structurally significant weekly support/demand zone (140.0–142.0), where price has historically found support and initiated bullish reversals. As price consolidates in this zone, we are also seeing critical macroeconomic shifts unfold, mainly surrounding 'Japan-U.S. FX policy negotiations' and diverging central bank strategies.
Key Macroeconomic Drivers:
1. BOJ Policy Outlook:
The Bank of Japan has held rates near zero while inflation creeps above target. Despite global tightening trends, BOJ remains dovish and is cautious about hiking too soon. This supports further JPY weakness unless a shift occurs.
2. Kato-Bessent FX Meeting:
Japan and the U.S. held their first bilateral currency discussion in 2025, with Kato emphasizing Japan’s economic conditions and wage data. While the U.S. issued no formal statement, the absence of joint commentary adds uncertainty around potential FX alignment or future intervention strategies.
3. U.S. Treasury Talks with Japan:
U.S. and Japan are back at the negotiation table regarding FX stability and trade policy. While both affirm free-market rate setting, growing U.S. trade deficits with Japan are pressuring the Yen higher and inviting political attention.
4. U.S. Trade Pressures & Currency Realignments:
With the U.S. trade deficit with Japan widening and USD strength persisting, policymakers face rising pressure to address competitiveness. If unchecked, this could trigger direct currency commentary or coordinated action in future meetings.
5. Global Currency Realignments:
With USD strength persisting on rate divergence and geopolitical flows, Japan’s export competitiveness may cause either policy changes or FX intervention if the Yen weakens too far.
Technical Analysis:
- Weekly chart shows a clear support/demand zone between 140.0–142.0 , previously acting as a reversal area multiple times since 2023.
- We’re currently seeing early signs of consolidation and wick rejection, a potential setup for a bullish bounce if macro factors align.
- Break below 140.0 opens downside to 128.00 and 122.00 , both historically significant zones.
Trade Setup (If Support Holds):
Entry Zone: 140.00–142.00
Target 1: 150.00
Target 2: 158.00
Invalid Setup: Daily Close Below 139.50
Final Take:
USD/JPY is currently at a macro + technical inflection point. If support holds and Japan refrains from policy tightening, we could see the pair bounce sharply back into the 147–150 range. However, any unexpected BOJ hawkishness or coordinated U.S.-Japan currency intervention would flip this narrative quickly. Stay tactical, monitor policy headlines, and size positions with volatility in mind.
USDJPY 4h Long Setup | Low Risk High Reward Market broke the descending structure with strong bullish impulse followed by higher lows respecting new trendline
Price retested the previous resistance now turned support zone with a bullish reaction
Entry is taken after confirmation of the retest holding and bullish continuation signs
Entry : 142.494
SL : 140.676
TP : 148.270
RR 1 : 3.2
Price action aligned with short-term bullish reversal structure and clear demand zone defense
Let price do the work
Bullish bounce off pullback support?USD/JPY is falling towards the pivot which is a pullback support and could rise to the 1st resistance.
Pivot: 141.63
1st Support: 141.00
1st Resistance: 142.75
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
USDJPY ready for another drop?After daily break of structure USDJPY just has managed to form another head and shoulder with strong liquidity grab has started to move in the major direction of the trend. After yesterdays drop, price today so far has done pullback and formed another possible bearish market structure.
As of upcoming USD and JPY news may push that price back to the support as shown in sketch.
A sell trade is high probability
USDJPY sell (h4)Price is oversold in the h4 time frame according to the stochastic indicator which mean it is most likely going to pullback into the sell order block or liquidity zone then potentially travel down.
safe entry idea:
wait till price enters the liquidity zone (sell orderblock) and wait for the stochastic indicator to be overbought then enter.
or you could set a pending order for when price touches and rejects the sell orderblock
Good Luck!
USD/JPY : Bull or Bear? Let's See! (READ THE CAPTION)Upon reviewing the USD/JPY chart on the daily timeframe, we observe that due to the sharp drop in the Dollar Index, the price has reached the 140.850 level. This decline was very strong and impulsive; however, as seen on the chart, the price has now approached a significant demand zone between 139.6 and 141. If the price manages to close and stabilize above this area, we can expect a further bullish move from this pair.
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
USDJPY: Bearish Outlook Explained 🇺🇸🇯🇵
I see a very bearish price action on USDJPY:
The price formed a head & shoulders pattern after a test of
a key daily/intraday resistance and violated its neckline
and a rising support of a rising wedge pattern.
The next strong support is 141.75
It will most likely be the next goal for the sellers.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USD/JPY Bullish ReversalUj has been bearish since March with bulls dominating the market for the past week and considering persisting bullish momentum, I will be looking long with my stop loss below Monday's low as I target the 147.972 daily resistance level. The overall trend is bearish, hence the need to remain conservative with our long positions till major structural levels are broken to give us added confluence for our bullish reversal.
USDJPY: Will the Yen Weaken Against the Dollar?
In the previous analysis, we accurately highlighted the pair’s decline toward the key 140 support level. After testing this support, the dollar has started to gain against the yen. With several key events lined up this week, the expectation that the Bank of Japan will maintain its interest rate policy could lead to yen weakness and support our bullish scenario. However, any resurgence in risk-off sentiment may reopen the door for a decline and reactivate the bearish outlook.
USDJPY SELL 4H/1H TradeAm looking for USD Sells as this discounted prices are coming in upside
correlation USD -2D/-5
CORRELATION JPY -2D/+1
I had 3 pair to look for but i saw that AUDUSD was in a range to the upside without any trend and GBPUSD was showing the most strength but its momentum was dying on every move upside and USDJPY came up to be showing strength in opposite where its momentum is off to upside and signs that seller are back in selling. correlation shows that all products are sold off daily but USD is coming from strength and JPY was very weak just coming up to strength.
am watching the upcoming news in New York open and am targeting the lows of the previous range
USD/JPY(20250429)Today's AnalysisMarket news:
The U.S. Treasury Department raised its second quarter debt forecast to $514 billion. U.S. Treasury Secretary: The "X Day" for the debt ceiling issue will be announced soon.
Technical analysis:
Today's long-short boundary:
142.62
Support and resistance levels:
144.52
143.81
143.35
141.89
141.43
140.72
Trading strategy:
If the price breaks through 142.62, consider buying, the first target price is 143.35
If the price breaks through 141.89, consider selling, the first target price is 141.43
Yen Under Pressure Ahead of BOJ DecisionThe Japanese yen edged closer to 144 per dollar on Monday, continuing last week’s decline as global trade sentiment improved and the dollar strengthened. Markets responded to a private meeting between Japan’s Finance Minister Kato and U.S. Treasury Secretary Bessent, during which both parties stressed the importance of ongoing discussions on currency matters. Meanwhile, Japan’s trade negotiator is set to visit Washington this week, as the Bank of Japan is expected to maintain interest rates at 0.5%, amid concerns over the economic impact of U.S. tariffs.
Key resistance is at 144.00, with further levels at 145.90 and 146.75. Support stands at 139.70, followed by 137.00 and 135.00.
USD/JPY 4H Chart - Buy Entry AnalysisTrend & Momentum:
RSI (14, close) currently shows a range between -7.25 to 35.47, indicating potential oversold conditions (RSI below 30-35 often signals a reversal opportunity).
The Average YoY data suggests moderate volatility, with Q2 at 0.558 and H1 at 0.555, hinting at a stable uptrend bias.
Price Action:
Support Levels: L1 at 0.499 and C1 at 0.498 act as strong support zones. A bounce from these levels could confirm a buy signal.
Resistance Break: A0 at 0.8 (despite a slight dip of -0.025) is a key level to watch. A breakout above this with volume could reinforce bullish momentum.
Entry Strategy:
Ideal Buy Zone: Near 0.498-0.499 (L1/C1) with RSI recovering from oversold territory.
Confirmation: Wait for a 4H candle close above 0.555 (H1) or a bullish reversal pattern (e.g., hammer, engulfing).
Risk Management:
Stop Loss: Below 0.498 (C1) to limit downside risk.
Targets: Initial TP at 0.555 (H1), extended TP at 0.8 (A0) if momentum sustains.
Conclusion:
USD/JPY shows a potential buy opportunity on the 4H chart, supported by oversold RSI and key support levels. Enter near 0.498-0.499 with strict risk controls, targeting a rally toward 0.555-0.8.