USDJPY trade ideas
Potential bullish reversal?USD/JPY is reacting off the pivot and could rise from this level to the 1st resistance.
Pivot: 143.79
1st Support: 139.64
1st Resistance: 148.91
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.
USDJPYUSDJPY Trading Plan.
"Now let’s look at the Smart Money Concept behind USD/JPY.
A classic liquidity grab took place in the 142.8 to 143.0 zone — triggering stop-losses and then sharply reversing upward. This is a textbook example of institutional accumulation after sweeping retail traders."
"We also see a bullish order block and a fair value gap forming in the same area on both the daily and H4 charts. That makes this zone a high-probability entry point for smart money traders."
"A change of character is clearly visible as the price structure on H4 and H1 shifts from bearish to a more consolidative and bullish tone — especially after a strong reversal candle near the FVG support."
"In summary, institutions are quietly building long positions around 142.8 to 143.0 — and it’s a highly favorable entry zone, with a logical stop-loss just below 142.3."
USDJPY Trading StrategyUSDJPY is looking to break the resistance zone of 147,000. The current bullish force of USDJPY is too strong, so jumping in to catch the top at the present time will be quite risky. If you want a SELL signal, you must wait for the confirmation of the sellers jumping into the market by the confirmation of the red closing m30 candle.
There will be a beautiful SELL signal if the h4 candle shrinks its wick below 147,000. If it closes above the SELL point, you must wait for 148,100, or if you want to BUY, wait for the retest and create a beautiful bullish wave in the small time frame.
On the other hand, if the currency pair declines back to the support zone of 146,000 and 145,200, it will give us a long-term BUY signal.
Support 146,000-145,200
Resistance 117,100-148,100
Re-defining Trading Psychology: A Functional ApproachRethinking Trading Psychology: A Functional Definition
Trading psychology is often misunderstood or overly simplified in trading discourse. Psychology, by definition, is the scientific study of the mind and behavior. When applied to trading, trading psychology should be defined as the study of how our mental processes directly influence market structure through behavior—specifically through the act of placing trades.
The Facts: How Humans Influence the Market
Traders interact with the market in only a few meaningful ways:
Placing entries
Setting stop losses
Setting take-profit (target) levels
Though external variables such as news events can impact decision-making, they only affect where we choose to interact with the market—they do not directly move price. Price only responds to order flow , and all order flow originates from trader decisions. Therefore, these three actions—entries, stops, and targets—are the only real mechanisms through which psychology influences price action.
Entry: The Initiator of Market Movement
Entries are typically based on structural cues like engulfing candles or order blocks —price zones where a shift in momentum is visible. These areas act as high-probability triggers that prompt traders to take action in a particular direction.
When enough buy orders are placed at a bullish signal, we see that reflected in the strength and size of bullish candles. Conversely, strong bearish signals generate concentrated sell-side pressure. This collective order flow initiates price movement—entries are the impulse drivers of the market.
Stop Losses: The Creation of Liquidity Pools
Once a position is opened, traders generally place stop losses behind significant structure—often just beyond the order block or engulfing pattern that prompted the entry. These zones become liquidity pools —clusters of pending orders that, when triggered, cause mass exits and reallocation of capital.
When price returns to these zones, it forces traders out of the market, often resulting in sharp movements or false breakouts. This behavior is not coincidental; it is a byproduct of shared psychological behavior manifesting as clustered risk management.
Take-Profits: Delayed Exit Pressure
Alongside stop losses, traders also define target levels where they plan to close their trades. These levels can be calculated based on fixed R-multiples (2R, 3R, etc.) or drawn from contextual zones like previous highs/lows or supply and demand areas.
As price moves into profit and hits these levels, traders begin to exit en masse. This diminishes order flow in the direction of the trade, often leading to hesitation or minor reversals—much like stop losses do when they are hit.
Conclusion: Market Movement vs. Market Stalling
To summarize:
Entries drive market movement
Stop losses and target levels stall or reverse movement
This dynamic defines how human behavior—guided by psychological patterns—actually shapes price. In this framework, engulfments represent entry logic , while liquidity zones represent collective exit logic .
Redefining Trading Psychology
Contrary to popular belief, trading psychology isn’t just about “staying disciplined” or “keeping emotions in check.” While emotional control matters, it’s secondary to understanding how trader behavior creates cause-and-effect loops in price action.
Having a trading plan is important—but deviating from that plan is not always due to emotion alone. It can stem from overconfidence, impulsivity, cognitive bias, or poor conditioning. These are psychological behaviors that affect execution, and thus, affect market movement.
What’s Next
In my next writing, I will explore how the sheer volume of market participants leads to herding behavior —the collective patterns that emerge from mass psychology and their role in creating consolidation zones, liquidity traps, and false breakouts.
USDJPY - UniverseMetta - Signal#USDJPY - UniverseMetta - Signal
D1 - Formation of a triangular structure + the price is at the upper border.
H4 - It is better to wait for the trend line to break through. It is better to reduce risks if we consider entering at the market. Stop behind the maximum of wave D.
Entry: 144.367 - *144.705
TP: 143.402 - 142.094 - 140.023 - 138.706
Stop: 145.473
USDJPY Technical Brief: Structure Points Lower
💴 USDJPY: Structure suggests further downside
The upward movement from April 22 to May 12 appears to be corrective — I label it as a double zigzag.
The segment from May 12 to May 27, on the other hand, is highly likely to be an impulse.
After that, the price moved into a range, the boundaries of which are gradually narrowing. This gives reason to assume the formation of a contracting triangle (cT).
If this scenario plays out, we may see:
🔸 a break of the 142.108 low
🔸 a drop toward the 139.883 zone
🔸 an overall potential decline within the 140.8–138.0 range
📎 Link to my long-term FX:USDJPY OANDA:USDJPY FOREXCOM:USDJPY scenario:
Analysis of Trades and Trading Tips for the Japanese YenThe price test at 144.27 occurred when the RSI indicator had already moved significantly above the zero line, but the strong U.S. labor market data offered a high probability of the dollar strengthening against the yen, which I decided to take advantage of. As a result, the pair rose toward the target level of 145.06.
The confident growth in U.S. non-farm employment recorded in May exceeded experts' expectations' causing noticeable fluctuations in currency, markets. The publications of data showing the creation of 139,7000 new jobs versus the forecasted 127,000 instantly strengthened the U.S. dollar, putting pressure on the Japanese yen. The yen's reaction to the news was immediate: the currency weakened significantly against the dollar. Investors perceived the data as a signal of the strength of the U.S. economy and the likely continuation of Federal Reserve's tight monetary policy. Furthermore, the stable unemployment rate in the U.S. recorded at 4.2%, also reinforced the market's optimistic sentiment.
Today's data shows that Japan's GDP for the first quarter was revised upward, which helped the yen recover slightly from Friday's losses against the U.S. dollar. However, despite the positive revision, Japan's economy still faces serious challenges. Weak domestic demand and an aging population continue to pressure growth, while geopolitical uncertainty poses additional obstacles. The Bank of Japan maintains a wait-and-see approach and has no plans to raise interest rates for now, which had previously provided good support to the the yen. Strong growth in bank lending also contributed to increased demand for the yen.
USDJPY Will Go Up From Support! Long!
Please, check our technical outlook for USDJPY.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 143.827.
Considering the today's price action, probabilities will be high to see a movement to 144.499.
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.
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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USDJPY 30M ChartUSDJPY is trading within an ascending triangle pattern on the 30-minute timeframe.
Price is testing a key horizontal resistance zone near 145.40, while maintaining higher lows — suggesting potential breakout pressure building.
🔍 Possible Scenarios:
🔺 Bullish Breakout: Above 145.40 — Expect a move towards 146.50/147.50 (TP marked).
🔻 Bearish Breakdown: Below 145.00 — Potential drop towards 143.00/142.50 (TP marked).
Both entry points and target levels are highlighted for clarity. Ichimoku Cloud supports this setup with a light trend indication.
Waiting for clear breakout confirmation before taking any position is advised.
— Not financial advice. For educational and analytical purposes only.
USDJPY – 4H . [[ TRIANGLE PATTERN ]]Technical Breakdown:
Symmetrical triangle pattern clearly formed with clean ABCDE wave structure.
The price has broken out from the upper resistance (trendline), confirming a bullish breakout scenario.
Next key area to watch is the supply zone near 145.800 – 146.200, where price may either:
Face resistance and retrace,
Or break through for continuation.
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🔍 Key Levels:
Support Base (Retest zone): ~143.000
Breakout Entry Trigger: Above 144.200
Supply Zone Target: 145.800 – 146.200
Invalidation Level (Break Below Triangle): <142.500
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🧠 Analysis Insight:
This is a classic triangle consolidation breakout, with price respecting both ascending and descending boundaries before thrusting upward.
Look for possible pullback retest entries before continuation to the supply zone.
Volume and momentum confirmation on breakout is key for sustainability.
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🎯 Strategy Note:
Use low-risk entry setups on breakout retest.
Ideal for scalp to swing trades, with strong risk-reward structure.
Bearish drop off 61.8% Fibonacci resistance?USD/JPY is rising towards the resistance level that lines up with the 61.8% Fibonacci retracement nds could reverse from this level to our take profit.
Entry: 145.06
Why we like it:
There is an overlap resistance level that lines up with the 61.8% Fibonacci retracement.
Stop loss: 145.45
Why we like it:
There is a pullback resistance level.
Take profit: 144.40
Why we like it:
There is an overlap support level.
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USDJPY - Bearish Trend Continuation Story : USDJPY is forming a series of LH and LL (Bearish Trend). market has retraced to a Fib level of 50 Percent of long rally - thus forming a Bearish Flag Pattern. There is no divergence on the chart therefore we are not looking for any Harmonic or trend reversal patterns.
Anticipate : It is anticipated that market will follow a bearish trend
Plan: we plan our entry on the break of neckline which is our entry point and we keep our Stop loss as defined in the charts (above HH)
Our TP1 would be as defined in the chart (which is also projection based on continuation pattern) - TP1 would respect the support level of 121.680
Our TP2 would be as defined on the chart.
USDJPY | Bullish Continuation Above 144.93, Eyes on 146.33USDJPY |
The price is trading around 145.33, and has already broken and stabilized above the pivot line at 144.93, which indicates a potential bullish continuation.
As long as it holds above this pivot, the pair may continue to push higher toward the resistance zone at 146.33, and if broken, could extend to 147.82.
However, short-term retracement to test the pivot area again is possible before resuming the bullish trend.
Pivot: 144.93
Support: 144.50 – 144.26 – 143.84
Resistance: 146.33 – 147.82 – 149.92
Squeeze in Progress: Will BOJ Trigger the Next Breakout?USDJPY 17/06 – Squeeze in Progress: Will BOJ Trigger the Next Breakout?
The USDJPY pair is currently consolidating just below the key 144.650 resistance, stuck within a tightening triangle structure. As markets await more clarity from both the Bank of Japan (BOJ) and the Fed, price action is showing signs of indecision — but pressure is building.
🌐 Macro & Sentiment Overview
BOJ maintains a neutral stance: Despite growing speculation of a hawkish shift, the BOJ held rates steady, providing no strong forward guidance. Markets remain cautious.
US Dollar remains resilient amid stable bond yields and expectations that the Fed may delay rate cuts, adding short-term support to USDJPY.
Geopolitical risk is on the rise: Ongoing Middle East tensions are fueling safe-haven demand for JPY, capping bullish momentum.
🔍 Technical Setup (M30 Chart)
Price is trapped inside a symmetrical triangle, tightening between 144.652 resistance and 143.126 support.
EMA 13/34/89 are aligned bullishly, but EMA 200 (red) is acting as a dynamic ceiling near 144.300.
Key support zones:
144.071: Minor structural level and trendline test.
143.126: Major liquidity zone and untested demand.
🎯 Trade Scenarios
📉 Scenario 1 – Sell on Rejection at 144.652
Entry: 144.650–144.700
Stop Loss: 145.250
Take Profit: 144.071 → 143.600 → 143.126
Ideal if BOJ shifts tone or USD weakens post-Fed comments.
📈 Scenario 2 – Buy on Bullish Reaction at 143.126
Entry: 143.100–143.150
Stop Loss: 142.700
Take Profit: 143.600 → 144.071 → 144.650 → 145.200
Valid only with clear bullish confirmation on M15–M30 structure.
🧠 Final Thoughts
USDJPY is coiling tightly ahead of a potential breakout. Macro uncertainty from central banks, geopolitical instability, and upcoming CPI data make this week highly volatile. Instead of chasing, let price come to your zones and react accordingly.
🔔 Focus on structure, confirm with price action, and avoid emotional trades. Patience and discipline are key in this compression phase.
Potential bullish rise?USD/JPY has reacted off the pivot which is a pullback support and could rise to the 1st resistance which is a pullback resistance.
Pivot: 145.00
1st Support: 142.59
1st Resistance: 148.57
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 Swing trade Signal for the Sell Once in a while we like to give a free signal. So here is one of the many trades we will have running for our subscribers.
Wait for the 1 hour candle to close below the Entry, and then a response to our entry, then you can sell.
Remember the rules, and remember your risk/reward
USDJPY Sell
🦇Entry: 143.525
⚠️Sl: 145.036
✔️TP1: 142.153
✔️TP2: 140.346
✔️TP3: 138.109
Happy trading. Any problems feel free to contact me, as over 10 years as a professional trader I can assure you there is no such thing as a stupid question.
Best,
Sarah
Bearish breakout off major support?USD/JPY is reacting off the pivot which acts as an overlap support and a breakout of this level could lead the price to drop to the 1st support.
Pivot: 144.51
1st Support: 143.74
1st Resistance: 145.22
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.