JPY/USD Weekly Chart – Bullish Triangle Breakout Pattern Forming🔍 Chart Pattern Breakdown:
The chart is showing a symmetrical triangle pattern forming on the weekly timeframe of JPY/USD (Japanese Yen vs. US Dollar). This triangle is developing after a massive multi-year downtrend, which started all the way back in 2021. Such a triangle at the bottom of a trend often signals a potential reversal or a strong trend shift.
Here's what's happening technically:
🔺 Triangle Formation (Consolidation Phase):
Lower highs and higher lows indicate a clear symmetrical triangle.
The price has been bouncing between these converging trendlines for months.
This compression is like a spring — it’s storing energy and getting ready to break out.
The triangle pattern is nearing its apex, which means a breakout is likely soon.
📉 Previous Trend Context:
Before the triangle, the market had a strong bearish move — a downtrend that brought the pair into a major weekly support zone.
This support zone (marked in light blue) around 0.0062–0.0063 has been tested and respected multiple times.
📊 Key Technical Zones:
Support Zone: 0.0062 – 0.0063 — this is where price bounced and formed the base of the triangle.
Resistance Zone / Triangle Top: Around 0.0071 – this is the upper boundary of the triangle. A breakout above this will confirm the bullish scenario.
Target Area: 0.00829 – derived from measuring the height of the triangle and projecting it from the breakout point.
Major BOS (Break of Structure): Once price breaks above the triangle and the BOS line, it confirms a shift from bearish to bullish structure.
SL Zone: Stop loss area is just below the support zone at 0.00629 to protect against false breakouts.
🔁 Retest Setup:
After the breakout, it's common to see a pullback to retest the previous resistance (now turned support). That retest often provides a high-probability entry for swing and position traders. If it happens — that’s your golden moment!
🎯 Trade Plan (Example for Education):
Entry Criteria Value/Zone
Breakout Entry Above 0.0071 (confirmed candle close)
Retest Entry 0.0069 – 0.0070 (support flip)
Stop-Loss (SL) Below 0.00629
Target (TP) 0.00829
✅ Why This Setup Matters:
Clear structure on the weekly chart.
Multi-touch points on both trendlines = strong pattern.
Support zone backing the triangle base gives extra conviction.
A breakout from such consolidation patterns often results in sharp movements.
Risk/reward ratio is highly favorable.
⚠️ Risk Management Reminder:
Always trade with a plan, use a stop-loss, and don’t jump into the breakout blindly. Volume confirmation or retest confirmation will help increase the success rate. These kinds of setups are powerful, but only when approached with discipline.
🧠 Final Thoughts:
This JPY/USD triangle on the weekly chart is a textbook example of potential bullish reversal from a major downtrend. It’s showing signs of a structural shift, supported by strong support, tightening price action, and the chance for a breakout to deliver a major upside move toward 0.00829.
If you’re a swing or position trader, keep this on your radar. Momentum is building — don’t miss the move when the breakout hits. 📈🔥
USDJPY trade ideas
USD_JPY SUPPORT AHEAD|LONG|
✅USD_JPY is going down now
But a strong support level is ahead at 142.000
Thus I am expecting a rebound
And a move up towards the target of 143.000
LONG🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USDJPY Channel Down rejection aiming for the 2024 Support.The USDJPY pair has been trading within a Channel Down pattern since the January 10 2025 High and right now is on its latest Bearish Leg, an outcome of the rejection near the 1D MA200 (orange trend-line).
This has also been confirmed by the 1D MACD Bearish Cross and the next technical Support is on 139.600. By the time it gets tested, the price may also make contact with the 1W MA200 (red trend-line). Our short-term Target is 139.600.
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👇 👇 👇 👇 👇 👇
USD/JPY Bears Hit Back in a Big WayIt was a painful week for both USD and USD/JPY bulls as both markets retreated massively following four-week spurts of strength. In both, a Monday breakout in the prior week was soundly rebuffed, but it still seems as though USD/JPY is driving USD markets and the prospect of greater carry unwind can keep that as a force to be reckoned with.
There could be repercussions if we see greater carry unwind, like what showed up in Q3 of last year when USD/JPY fell by as much as 13% while global equity markets sold-off aggressively.
Of note from the weekly chart is the comparison between up and down weeks: When both USD and USD/JPY topped in January, the down weeks showed large moves and the up weeks far more tepid. This week has been another aggressive sell-off, which opens the door for that theme to continue.
And on that front, the 140.00 level still presents as a massive spot of importance - and not just for USD/JPY but also USD and equity markets, as a break of that level indicates larger unwind of the carry trade which could serve as a de-leveraging event, globally. Notably, the long-term trendline of prior support has remained as resistance.
With that said - be careful of chasing breakouts in USD/JPY, as there have been several traps on both sides of the pair this year, including that last trip down to 140.00 which reversed dramatically in the four weeks that followed, by more than 800 pips, trough to peak. - js
Trend in a downward direction to their workSignal Confidence: VERY HIGH
The bearish bias is confirmed across all timeframes with perfect alignment. The recent break below 143.000 support is a significant bearish development that suggests continued downward momentum toward the 140.000 major support level.
USDJPY Technical Analysis.This chart shows a 2-hour timeframe for the USD/JPY (U.S. Dollar vs. Japanese Yen) currency pair on FXCM. It represents a bearish trade setup with key elements marked:
Entry Zone: Near 144.075 (current price level).
Stop Loss: Placed at approximately 144.796 (red zone above the entry).
Target (Take Profit): Set around 143.506 (green zone below the entry), marked with the target symbol.
Expected Price Action: The red arrow indicates a potential upward move (false breakout or retracement), followed by the green zigzag indicating a downtrend continuation toward the target.
Interpretation:
The setup anticipates a short position—selling USD/JPY near current levels in expectation of a price decline.
Risk-to-reward appears favorable, with a tighter stop loss compared to the potential downside.
Would you like a combined strategy summary comparing both BTC/USD and USD/JPY setups?
USDJPY Will Move Lower! Short!
Here is our detailed technical review for USDJPY.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 142.577.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 141.626 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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 Trade Setup – H1 Chart📉The pair continues to respect its descending channel, recently rejecting the upper trendline and testing the Adaptive Moving Average (AMA).
📊 Additionally, the Chaikin Oscillator has dipped below zero, signaling weakening buying pressure.
#TradeIdea
🔽 Sell USDJPY on confirmed consolidation below 143.200
🎯 TP1: 142.400
🎯 TP2: 142.000
Yen Strengthens on Dollar WeaknessThe Japanese yen firmed to around 143.6 per dollar, heading for a weekly gain of over 1% as inflation data came in stronger than expected. Core inflation surged to 3.5%, its highest in more than two years, while headline inflation held at 3.6%, reinforcing expectations that the BoJ may maintain its tightening stance.
The yen also benefited from continued dollar weakness tied to U.S. fiscal worries. Earlier, Japan’s Finance Minister Katsunobu Kato denied discussing exchange rates with U.S. Treasury Secretary Bessent at the G7 summit, dismissing rumors of joint currency intervention.
USD/JPY faces resistance at 148.60, with further upside levels at 149.80 and 151.20. Key support lies at 139.70, then 137.00 and 135.00.
USDJPY Will Explode! BUY!
My dear subscribers,
USDJPY looks like it will make a good move, and here are the details:
The market is trading on 143.33 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 143.66
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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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WISH YOU ALL LUCK
USDJPY Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDJPY WEEKLY PLAN: Demand Zone Breakdown in Sight?USDJPY is approaching a critical support zone around 140.771, which has acted as a demand area multiple times in the past. However, the structure appears vulnerable, suggesting a potential bearish continuation.
📌 Main scenario:
If price breaks and closes below 140.771, it could signal a shift in sentiment.
Further downside could lead price toward the next support level at 132.147, and potentially the strong demand zone at 126.637.
⚠️ Watch for confirmation of a clean break. The current demand is "unfresh", increasing the likelihood of a deeper correction if buyers fail to defend it.
USDJPY H4 I Bullish Reversal Based on the H4 chart analysis, the price is falling toward our buy entry level at 142.57, a pullback support.
Our take profit is set at 143.57 a pullback resistance.
The stop loss is placed at 141.69, below the 161.8% Fibonacci extension.
Disclaimer
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USD/JPY Analysis: Bearish Bias with Multi-Market Confluence!📉 USDJPY Technical Breakdown – Yen Strength in Focus 📉
In this video, we take a close look at the USD/JPY, which is currently under pressure and trending to the downside 🔽. The bearish momentum is clear, but there are several key factors to consider before positioning ourselves for a potential short 📊.
🔍 First, it’s important to monitor the equity markets. If we start to see a pullback or sell-off in the stock indices 🏦📉, that could translate into further yen strength, adding weight to a USD/JPY short bias 💴💪.
Another key piece of confluence is comparing the DXY (Dollar Index) 📈 with the JXY (Japanese Yen Index) 📉. This gives us deeper insight into the relative strength of each currency and helps confirm our directional bias before entering a trade ⚖️.
🔁 Coming back to the USD/JPY chart, we’re watching for a retracement into a Fibonacci point of interest, which could provide a high-probability area to enter a sell setup. If price reacts from that level and confirms with structure, we could have a clean opportunity for continuation 🔂🎯.
⚠️ This is not financial advice — always conduct your own analysis and manage risk accordingly.
Bearish drop?USD/JPY is rising towards the pivot and could reverse to the pullback support.
Pivot: 145.18
1st Support: 142.56
1st Resistance: 146.70
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2 profit targets for USDJPYThe peak for this pair was around 160+ in Jun 2024 and it falls to a lower high to 157 on Jan 25.
From here onwards, it has gone south in direction with the red bearish trend line remaining intact.
A fake bullish candle on 12 May 25 took many traders by surprise and killed many shortists, including me, not once but twice.
Now on the 4H chart, I present you 2 shorting opportunity with relatively good risk rewards ratio. The first one should touch the green bullish trend line and break down. Thereafter, we should witness it going down to around 142.90 level.
Ideally, it should comes to the 140 support price level but let's take one step at a time.......
As usual , please DYODD
(Warning - This pair though liquid is volatile and may not suit beginners who want a peaceful night sleep. Your profits can quickly turn back to losses and vice versa within the days. Patience required and a strong heart)
USDJPY – The downtrend continues, channel still leads the wayLooking at the D1 chart, USDJPY remains firmly within the descending channel that has persisted since the end of 2024. Every time the price approaches the upper boundary of the channel, selling pressure reappears – and the recent touch around the 147.012 area is no exception.
After being rejected at this strong resistance zone, the price has turned lower and is now forming a pullback structure within the prevailing trend. EMA34 and EMA89 continue to slope downward, reinforcing the bearish momentum.
If the price gets rejected again around the 145–146 region, the correction pattern may complete, opening up room for a drop toward the support zone at 142.343, or even deeper toward the channel bottom near 137.168.
In summary, the primary trend remains bearish – and the preferred strategy now is "sell on rally" when the price nears the upper resistance of the channel. Patience and watching for price action will be key.
USDJPY 4HR Technical & Fundamental AnalysisUSDJPY 4H Technical & Fundamental Analysis
The U.S. dollar has declined approximately 5% since April 2, influenced by:
Fiscal Instability: Rising national debt and policy uncertainties have led to increased investor caution.
Speculative Positions: Hedge funds have shifted to significant short positions on the dollar, reflecting bearish sentiment.
Reuters
🔍 Technical Perspective
On the 4H chart, USDJPY continues to display a bearish market structure, consistently printing lower highs and lower lows. We identified a minor key support at 143.700, which was recently broken—marking the beginning of institutional-level accumulation (sell orders).
After this accumulation, liquidity was swept within the zone, suggesting that institutions were hunting stops before preparing for a downward distribution phase.
Although the initial entry is now late, a potential retracement back into the minor key zone may offer a trading opportunity.
📍 Area of Interest (AOI): 143.550
🛡 Stop-Loss (Risk Perspective): 144.180
🎯 Target Profit (Structure-Based): Next minor support zone around 142.800
Meanwhile, rising bond yields in Japan have attracted institutional investors, challenging the popular carry trade strategy where traders borrow in yen to invest in higher-yielding currencies. (Source: Business Insider)
Safe-Haven Demand: Ongoing geopolitical risks have led investors to seek refuge in traditional safe-haven currencies—especially the yen. (Source: BPF News)
📌 Disclaimer:
This is not financial advice. As always, wait for proper confirmation before executing trades. Manage your risk wisely and trade what you see, not what you feel.