Falling towards major support?USD/JPY is falling towards the pivot, which has been identified as an overlap support and could bounce to the 1st resistance.
Pivot: 145.88
1st Support: 144.24
1st Resistance: 147.97
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 trade ideas
USDJPY – Anticipating Pullback to 149.068 for Short SetupUSDJPY is showing signs of exhaustion after its recent bullish run. Price is currently hovering near resistance zones, and I’m anticipating a pullback into the 149.068 level, which aligns with a previous structure zone and potential supply area.
Here’s my outlook:
Market Structure: On the higher timeframes, USDJPY remains in an extended uptrend, but we are starting to see lower timeframe weakness and potential reversal signals.
Key Zone: 149.068 is a confluence area where price previously reacted strongly, making it a valid watch zone for bearish entries.
Trade Plan: I will patiently wait for price to retrace into this level. If I see rejection candles, bearish engulfing patterns, or momentum shift confirmation on the 4H timeframe, I will look for short opportunities.
Targets: Short-term target at 148.500, with extended targets towards 147.800 if bearish momentum sustains.
Risk Management: I’ll place my stop loss above the recent swing high to protect against unexpected breakouts.
⚠️ Note: This is not financial advice just my personal trading plan. Always trade with a risk management strategy in place.
📊 Key Levels to Watch:
Resistance: 149.068
USD/JPY, CAD/JPY, CAD/JPY Technical OutlookSome interesting setups are forming on the daily charts of USD/JPY, CAD/JPY and CHF/JPY. Keep in mind that USD/JPY will be more sensitive to the incoming US inflation report, which leaves the potential for some divergences to form among the Japanese yen pairs. Overall, my bias is for them to move lower in due course.
Matt Simpson, Market Analyst and City Index and Forex.com
USDJPY H4 | Bearish reversal off pullback resistanceUSD/JPY is rising towards the sell entry which is a pullback resistance that is slightly above the 50% Fibonacci retracement and could drop from this level to the take profit.
Sell entry is at 148.96, which is a pullback resistance that is slightly above the 50% Fibonacci retracement.
Stop loss is at 150.78, which is a swing high resistance.
Take profit is at 146.92, which is a swing low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Trade Idea: Aug 7 - Asian Session - Possible both directionsHTF: D/4Hr - The daily looks like an uptrend, however on the 4h we are seeing lows being target which would be equal to previous lows, hinting a range market possibility.
MTF: 30m - Using the key levels from the HTF, we spot break of structure areas for trade entries on the range being formed. We identified targets for price to go.
ETF: 5m - Place the limit orders on the outside of the break of structure with a stoploss in areas we feel should act as resistance or support to the target direction.
USDJPY – DAILY FORECAST Q3 | W32 | D5 | Y25📊 USDJPY – DAILY FORECAST
Q3 | W32 | D5 | Y25
Daily Forecast 🔍📅
Here’s a short diagnosis of the current chart setup 🧠📈
Higher time frame order blocks have been identified — these are our patient points of interest 🎯🧭.
It’s crucial to wait for a confirmed break of structure 🧱✅ before forming a directional bias.
This keeps us disciplined and aligned with what price action is truly telling us.
📈 Risk Management Protocols
🔑 Core principles:
Max 1% risk per trade
Only execute at pre-identified levels
Use alerts, not emotion
Stick to your RR plan — minimum 1:2
🧠 You’re not paid for how many trades you take, you’re paid for how well you manage risk.
🧠 Weekly FRGNT Insight
"Trade what the market gives, not what your ego wants."
Stay mechanical. Stay focused. Let the probabilities work.
FX:USDJPY
USD/JPY 4H –analysis Buy setupUSD/JPY (U.S. Dollar / Japanese Yen)
Timeframe: 4-Hour (4H)
Trend: Bullish Trendline Support – Price is respecting a strong ascending trendline.
Indicators: Ichimoku Cloud is visible; current price is above the cloud = bullish bias.
Current Price: Around 147.95.
---
✅ Buy Entry:
Entry Zone: Between 147.90 – 148.10
(As price is bouncing from the trendline support and Ichimoku cloud.)
🎯 Buy Targets:
1. Target 1: 148.99 (Previous structure resistance)
2. Target 2: 150.50 (Next resistance level)
3. Target 3 (Swing): 152.00+ (If momentum continues)
🛑 Stop Loss:
Below trendline + Ichimoku support = 146.80 (safe zone)
---
🔖 Chart Title Suggestion:
"USD/JPY 4H – Trendline Rebound with Bullish Momentum Targeting 150+"
USD/JPY FORMING BEARISH TREND STRUCTURE IN DAILY CHARTThe USD/JPY currency pair is currently exhibiting a bearish trend structure on the daily timeframe, signaling potential further declines in the upcoming trading sessions. Price action is trading near a lower high, reinforcing the bearish outlook as sellers appear to be gaining control. This downward momentum follows the recent formation of a bearish engulfing candlestick pattern near a significant resistance level, which often serves as a strong reversal signal. The presence of this pattern near resistance suggests that bullish momentum is weakening, increasing the likelihood of a sustained bearish move.
On the downside, the pair is expected to target the 142.300 level, which could act as a key support zone. A break below this level may accelerate selling pressure, opening the door for further declines. Traders should monitor price reactions around this level for potential consolidation or continuation of the downtrend. Conversely, if the pair attempts a recovery, the 151.300 price level stands as a major resistance barrier. Any bullish retracement towards this zone could attract renewed selling interest, reinforcing the bearish bias.
The overall technical structure suggests that USD/JPY remains vulnerable to additional downside, with bearish momentum likely to persist unless key resistance levels are convincingly breached. Traders may consider short positions on rallies towards resistance or breakdowns below key support levels, while maintaining tight risk management strategies. Given the current market dynamics, the path of least resistance appears to be downward, with 142.300 as the immediate target and 151.300 acting as a critical resistance to watch for any potential trend reversals.
USDJPY 30Min Engaged (Buy & Sell Reversal Entry's Detected )Time Frame: 30-Minute Warfare
Entry Protocol: Only after volume-verified breakout
🩸Bullish Reversal - 148.750
🩸Bearish Reversal - 150.100
➗ Hanzo Protocol: Volume-Tiered Entry Authority
➕ Zone Activated: Dynamic market pressure detected.
The level isn’t just price — it’s a memory of where they moved size.
Volume is rising beneath the surface — not noise, but preparation.
🔥 Tactical Note:
We wait for the energy signature — when volume betrays intention.
The trap gets set. The weak follow. We execute.
USD/JPY Update - Potential TargetsDear Friends in Trading,
How I see it,
** CPI Release tomorrow - BE SAFE!
Keynote:
Testing "BEARISH" barrier, at this time.
CPI has the potential to give a clearer picture.
I sincerely hope my point of view offers a valued insight
Thank you for taking the time study my analysis.
AUDUSD – SHORT POSITION TRADE BREAKDOWN Q3 | W32 | D6 | Y25📊 AUDUSD – SHORT POSITION TRADE BREAKDOWN
Q3 | W32 | D6 | Y25
Daily Forecast 🔍📅
Here’s a short diagnosis of the current chart setup 🧠📈
Higher time frame order blocks have been identified — these are our patient points of interest 🎯🧭.
It’s crucial to wait for a confirmed break of structure 🧱✅ before forming a directional bias.
This keeps us disciplined and aligned with what price action is truly telling us.
📈 Risk Management Protocols
🔑 Core principles:
Max 1% risk per trade
Only execute at pre-identified levels
Use alerts, not emotion
Stick to your RR plan — minimum 1:2
🧠 You’re not paid for how many trades you take, you’re paid for how well you manage risk.
🧠 Weekly FRGNT Insight
"Trade what the market gives, not what your ego wants."
Stay mechanical. Stay focused. Let the probabilities work.
THE RISE: Technical Analysis: USD/JPY vs. DXY
Upon reviewing the DXY (U.S. Dollar Index) in correlation with USD/JPY (UJ), current price action suggests a potential continuation toward new highs in USD/JPY. The strength in the DXY supports a bullish outlook, indicating sustained dollar momentum. Price structure on the USD/JPY chart aligns with this narrative, showing a clear uptrend with higher highs and higher lows, and no immediate signs of reversal. Overall, the technical setup appears favorable for further upside in USD/JPY.
USDJPY H4 | Bullish momentum to extendUSD/JPY is reacting off the buy entry which is a pullback resistance, and a breakout of this level could lead the price to rise to the upside.
Buy entry is at 147.98, which is a pullback resistance.
Stop loss is at 146.85, which is a multi-swing low support.
Take profit is at 149.15, which is a pullback resistance that aligns with the 61.8% Fibonacci retracement.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com ):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.