UJ ANALYSISUJ is bearish but has been bullish so I'll continue looking for buys until price show me otherwise.
USDJPY trade ideas
USDJPY TRADE SETUPWait for retest the entry level then take a trade for Buy otherwise skip this setup
USD/JPYUSD/JPY Technical Analysis – Daily Timeframe
Current Situation:
The USD/JPY pair recently tested the 141.38 level (a key price-time zone) with a false breakout on April 21, followed by a strong rebound.
This bounce held the price above the support zone and triggered a bullish move, pushing the price above the 144.81–144.87 resistance area and closing the week with a potential continuation candle to the upside.
Additional Insight:
This bullish phase may represent a retracement of the bearish impulse that originated from the 149.84–149.63 area, which is marked with the green arrow on the chart.
The broader trend remains bearish, so this could be a technical pullback before the downtrend potentially resumes.
Key Levels to Watch:
Support: 144.81 / 144.87 → 142.20 → 141.38
Resistance / Target Zone: 149.63–149.84 (crucial area for reassessment)
Lower Bearish Targets (if support breaks): 136.81 and 132.80
Trading Conclusion:
In this context, a continued move to the upside toward the 149.63–149.84 area is expected, but it will be crucial to closely observe price behavior at those levels.
Conversely, if the 141.38 support is breached, we may see a resumption of the broader downtrend with significantly lower targets.
⚠️ Note: The overall market structure remains bearish, meaning this current rally is likely a corrective phase. Caution and confirmation are key before taking action.
USDJPY - Technical Analysis Favors Dollar Strength AheadBased on the USD/JPY chart, we're seeing a promising bullish setup after the pair rebounded from support around 142.00. The price has formed a higher low and appears to be establishing a potential uptrend, having recently broken above the 145.00 resistance level. With the current price action showing resilience and momentum shifting to the upside, there's a higher probability of continued strength toward potential targets near the previous highs around 148.00. The formation of consecutive bullish candles above key support zones reinforces this positive outlook, suggesting buyers are regaining control after the April decline.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USDJPY 4HHello Traders! Here as you can see we have BOS + Supply. I expecting reversal on LTF after closing gap and take that liquidity(SMT).
P.S: 0.5 IMB + 0 zone Supply + OTE + Horizontal lever = ENTRY.
Have a good day!
USDJPY WEEKLYHello Traders. This is my analysis for USDJPY. If it breaks out of the trend line, we can expect a significant drop. Let's hope it will make a false breakout from the trend line and continue bullish.
I am not a professional and I would be happy if you share your opinion in the comments.
USDJPY Set to Rise as Support Holds and Dollar Finds TailwindsUSDJPY looks poised for further upside following a period of consolidation and a successful retest of strong support around the 140.50 level. The weekly chart reveals a clear triple bottom pattern, reinforcing the strength of this support zone and suggesting renewed bullish momentum.
The US Dollar is starting to regain strength after a period of weakness, supported by improving U.S. economic data, sticky inflation, and a less dovish stance from the Federal Reserve. In contrast, Japan is unlikely to change its ultra-loose monetary policy in the near term, keeping rate differentials wide and favoring a stronger Dollar.
With the Bank of Japan expected to hold rates steady for the foreseeable future, capital is likely to continue flowing out of the yen. Carry trade flows remain intact, adding to the upward pressure on USDJPY.
Momentum indicators are turning higher, and price action is forming a steady base for another leg up. The market could target the 150 zone in the coming weeks, where the 50-week moving average may act as initial resistance.
As long as 140.50 holds, dips could offer attractive buying opportunities. A sustained move above 145.00 could trigger fresh bullish momentum and accelerate gains.
USDJPY Buy Opportunity Above 143.525Entry Point: 143.525 (unchanged)
Stop Loss: 141.847 (unchanged)
Target Point One (TP1): 145.063 (unchanged)
Final Target (TP2): Now refined to 147.883 instead of 147.894 — a small, precise update.
📈 Pattern and Structure:
Cup-and-handle formation still intact, indicating a continuation pattern.
Support confirmation at the 143.5 zone, showing a potential base for a bullish reversal.
The chart shows strong upside projection toward the resistance band near 147.8–148.0, highlighted with the upper purple zone.
📊 Risk-Reward Profile:
Risk (Entry to SL): 143.525 – 141.847 = 1.678
Reward (Entry to TP2): 147.883 – 143.525 = 4.358
Reward-to-Risk Ratio: 4.358 / 1.678 ≈ 2.6R — a favorable risk/reward setup.
🧠 Trade Notes:
Entry is slightly above a demand zone.
First target is conservative, near a known resistance.
Final target aligns with prior highs and the broader ascending wedge’s upper bound.
Timing suggests the bullish push may unfold over the next few sessions (likely May 6–8 range, as curved arrow indicates a rounded retest/bounce scenario)
USDJPY Will Move Higher! Buy!
Please, check our technical outlook for USDJPY.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 142.756.
Considering the today's price action, probabilities will be high to see a movement to 144.697.
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.
Like and subscribe and comment my ideas if you enjoy them!
USDJPTYWe’re focused on the higher timeframes, but right now on H1 we’re waiting for a dip into the black zone so we can catch a push on H4 and Daily there.
USD/JPY Trendline Resistance - 145.00 SupportUSD/JPY has been tricky this year as the pair has brewed several bear traps and there's even been some bull traps along the way. Trading breakouts in a market like that can be even more frustrating than usual, as a case in point the 140.00 test from a few weeks ago was a brutal false breakout that then led to a 500+ pip reversal.
Last week's Bank of Japan meeting was followed by this week's FOMC meeting and the net result of the two was a stronger USD/JPY, and for the second consecutive week the pair found resistance on the underside of a trendline projection.
But perhaps more notably, the same 145.00 level that bulls could not hold above a week ago showed up as support into the end of this week. I wouldn't want to call the weekly bar as a purely bullish item, however, as it has more of a spinning top/indecisive type of nature. But - given that it closed green for a third week in a row and held above 145, we have to give bulls some credit here, and the door would remain open for a deeper run towards the 146.75 prior swing low. - js
USDJPY Smart Money Short Setup | 30m OB + FVG Reaction🧠 USDJPY 30m SMC Setup | May 9, 2025
We’ve got a high-probability short brewing as price taps the premium zone and aligns with multiple Smart Money Concepts. A clear Fair Value Gap (FVG) is sitting inside a bearish Order Block, with price aggressively wicking into it — right where institutions unload.
🔍 KEY CONFLUENCES:
🧱 Bearish Order Block rejection in premium
⚡ Fair Value Gap filled at 145.910
💰 Risk-to-Reward ~1:4+, targeting discounted zone
🧲 Liquidity sweep + FVG fill = SM distribution trigger
⏳ Entry timing aligned with NY session reaction
📊 Setup Specs:
Pair: USDJPY
Timeframe: 30 min
Entry: 145.910 (after FVG fill)
SL: ~146.246
TP: ~144.440
RR: Approx. 1:4.5
💡 Smart Money Logic:
Price filled a clean imbalance zone, ran liquidity from earlier highs, and instantly showed distribution behavior. If momentum confirms with a bearish break, this becomes a high-conviction short.
📈 Chart Ninja Note:
“FVG + OB is where the banks sell while the crowd buys… don’t be the crowd.”
Supply and Demand re-explainedall you have to do is follow the trend, that's just all i can say, no matter your entry strategy, you must go with the trend, and have a good understanding of market structure.
USDJPYStill an idea untill confirmed.
I don't know what your confirmations are , but mine are yet to be fulfilled.
USDJPY review After a price declined/ negation ( rejected) on146.183.The JPY pair picked momentum from 146.183... making a sell move . Clearing. The previous low 🔅.. price Area of 145.277 . USDJPY is expected to maintain a downward 👇 move to (144.301)
USDJPY Will Fall! Short!
Please, check our technical outlook for USDJPY.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 145.311.
Considering the today's price action, probabilities will be high to see a movement to 140.353.
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.
Like and subscribe and comment my ideas if you enjoy them!
Double top with divergencyI'm not in this trade as it would be triggered in the middle of the night for me. Gonna try to find a opportunity to enter around the highlighted box area so i can still have a reasonable stop for a good RR. If not ,will turn the page and look for another trade.
Yen Falls Past 145 as Dollar StrengthensThe Japanese yen weakened past 145 per dollar, hovering near a one-month low as the U.S. dollar strengthened with improving global trade sentiment and diminishing expectations of near-term U.S. rate cuts. The greenback gained momentum after President Trump announced a preliminary trade deal with the UK, the first since broad U.S. tariffs were introduced last month. He also signaled that tariffs on China could be eased, depending on the outcome of high-level trade talks set for this weekend in Switzerland.
Adding pressure on the yen, Fed Chair Powell dismissed the idea of a preemptive rate cut, citing persistent inflation risks and labor market concerns. In Japan, personal spending rose more than expected in March, suggesting resilience in consumption, though a third straight monthly drop in real wages highlighted broader economic challenges.
Resistance stands at 145.90, with further levels at 146.75 and 149.80. Support is found at 139.70, then 137.00 and 135.00.
USD/JPY..15m chart pattern..I'm planning a **sell trade** on **USD/JPY** at **145.150**, with a **resistance level** at **145.000**. Here's a breakdown of your trade setup:
### **Trade Summary:**
- **Pair:** USD/JPY
- **Direction:** SELL
- **Entry Price:** 145.150
- **Resistance Level:** 145.000 (likely your stop-loss zone if price moves against you)
### **Profit Targets:**
1. **First Target (TP1):** 144.500 (**-65 pips**)
2. **Second Target (TP2):** 143.500 (**-165 pips**)
3. **Third Target (TP3):** 143.000 (**-215 pips**)
### **Key Considerations:**
- **Risk Management:**
- If resistance holds at **145.000**, a stop-loss slightly above (e.g., **145.200-145.300**) could limit losses.
- A **1:2 or 1:3 risk-reward ratio** would be ideal (e.g., risking 50 pips to gain 100-150 pips).
- **Market Conditions:**
- Check if USD/JPY is overbought (e.g., RSI >70 on H4/D1 charts).
- Watch for bearish reversal patterns (e.g., double top, bearish engulfing).
- Monitor **BoJ interventions** (they sometimes weaken JPY above 145).
- **Adjustments:**
- If price breaks **above 145.200**, the trade may be invalidated.
- Consider partial profits at TP1 and trailing stops for TP2/TP3.
Would you like help refining the stop-loss or analyzing current USD/JPY trends?
USDJPY BULLISH OR BEARISH DETAILED TECHNICAL AND FUNDAMENTALSUSDJPY is currently trading around 145.300 and showing clear signs of bearish pressure from the upper resistance of a broad ascending channel. The market structure suggests a potential rejection, and price action confirms the formation of a rising wedge pattern—a classically bearish setup indicating an upcoming correction. With momentum slowing and sellers starting to step in, I anticipate a move toward the 143.500 zone as price seeks support near the lower trendline.
From a fundamental standpoint, the US dollar is experiencing slight weakness today following softer-than-expected jobless claims data and a cooling CPI projection. Meanwhile, the Japanese yen is finding strength from renewed risk-off sentiment and speculation that the Bank of Japan may subtly shift its ultra-loose stance if inflationary pressures persist. This macro backdrop adds more weight to the potential downside in USDJPY over the next few sessions.
Technically, the price has tested the 146.000 resistance zone multiple times but failed to break above it with conviction. This repeated rejection near the top of the channel adds credibility to the bearish outlook. A breakdown from the rising wedge would likely accelerate selling pressure, pushing USDJPY toward the 143.500 level, which aligns well with previous demand zones and the channel’s lower boundary.
I’m closely watching for confirmation below the 145.000 level, which would act as a trigger for short positions. With risk-reward favoring the bears and fundamentals aligning with the technical setup, this is a solid opportunity for those looking to capitalize on a potential pullback in USDJPY.
USD/JPY Faces FVG ResistanceThe USD/JPY 1-hour chart shows a clear bearish setup forming after a recent rejection from the Fair Value Gap (FVG) zone around 145.923, indicating potential distribution and the start of a corrective move. The price is trading below the upper boundary of the ascending channel and has started to show bearish intent after multiple rejections from the FVG resistance zone.
The structure appears to be forming a corrective ABC wave or the beginning of a deeper Wave 4 correction within a larger Elliott Wave count. Fibonacci retracement levels from the recent low at 142.405 to the high at 145.923 have been plotted to identify potential support zones.
Target 1: 144.726
Target 2: 144.283
Stop loss: 145.850
