tradingview.com/symbols/USDJPY/minds/?mind=U7zgdmBVTHGxZ-1MQD9Iqw&exchange=FX
U.S. Dollar / Japanese Yen forum
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BULLETPROOF ZONE TECHNIQUES ๐ฅ
โข Support & Resistance Levels ๐
โข Engulfing Candlestick Pattern ๐ฏ๏ธ
โข Market Trend Structure ๐
USDJPY Buy
entry point (144.900) (144.800)
TAKE PROFIT 1: (144.550)
TAKE PROFIT 2: (144.200)
LAST TARGET(143.850)
STOP LOSS (145.200)
target 144.000
Control your stop Loss
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2/2 Summary of Key Levels ๐
Daily & 4-Hour Support and Resistance
Daily Support: 143.200, 142.500, 142.000
Daily Resistance: 144.500, 145.200, 145.800
4-Hour Support: 143.600, 143.400, 143.000
4-Hour Resistance: 144.000, 144.300, 144.600
Exponential Moving Average (EMA) Levels
Daily EMA:
50: 144.200
100: 143.800
200: 143.000
400: 142.500
4-Hour EMA:
50: 143.900
100: 143.600
200: 143.200
400: 142.800
Weekly Pivots
Pivot Point: 143.900
Resistance Levels: 144.500, 145.200
Support Levels: 143.300, 142.800
Daily Pivots
Pivot Point: 143.700
Resistance Levels: 144.100, 144.500
Support Levels: 143.300, 143.000
Fibonacci Retracement Levels
23.6% Level: 144.200
38.2% Level: 143.500
50.0% Level: 143.357
61.8% Level: 142.900
Fundamental Analysis ๐
Upcoming USD News
In the coming weeks, several key economic reports are scheduled to be released that could significantly impact the USDJPY market. Traders should pay close attention to the following:
Non-Farm Payrolls Report (July 7, 2025): This report will provide insight into job growth in the U.S. A strong reading could bolster the USD, while a weaker report may lead to a decline.
Consumer Price Index (CPI) (July 12, 2025): As inflation data is crucial for the Federal Reserve's monetary policy decisions, a higher-than-expected CPI could lead to an increase in interest rates, supporting the USD.
Federal Open Market Committee (FOMC) Minutes (July 19, 2025): Insights from the FOMC's latest meeting will provide traders with information on future monetary policy directions, which could influence the USDJPY pair.
These economic indicators are vital for determining the strength of the USD and can lead to increased volatility in the USDJPY market. Traders should remain vigilant and adjust their strategies accordingly based on the outcomes of these reports. ๐
Conclusion
In summary, the USDJPY pair is currently positioned at 143.822 USD, with a mix of bullish and cautious signals across various technical indicators. Support and resistance levels, along with Fibonacci retracement levels, provide traders with critical areas to watch. The EMAs indicate a bullish trend on the daily time frame, while the RSI and MACD suggest potential caution.
1/1 USDJPY Daily Market AnalysisโJuly 3, 2025
Market Overview
As of today, the USDJPY pair is trading at 143.822 USD. This analysis will delve into the daily and 4-hour time frames, utilizing various technical indicators, including Fibonacci Retracement Levels, Exponential Moving Averages (EMA), RSI divergence, support and resistance levels, and more. By examining these elements, traders can gain a comprehensive understanding of the market dynamics affecting USDJPY.
Technical Analysis ๐
Support & Resistance Levels
Daily Time Frame:
Resistance Levels:
R1: 144.500
R2: 145.200
R3: 145.800
Support Levels:
S1: 143.200
S2: 142.500
S3: 142.000
4-Hour Time Frame:
Resistance Levels:
R1: 144.000
R2: 144.300
R3: 144.600
Support Levels:
S1: 143.600
S2: 143.400
S3: 143.000
Fibonacci Retracement Levels ๐
Using the recent swing high of 148.032 and swing low of 142.682, we can identify key Fibonacci retracement levels:
23.6% Level: 144.200
38.2% Level: 143.500
50.0% Level: 143.357
61.8% Level: 142.900
These levels provide crucial insight into potential reversal points and areas of interest for traders.
Exponential Moving Averages (EMA) ๐
Daily Time Frame:
EMA 50: 144.200
EMA 100: 143.800
EMA 200: 143.000
EMA 400: 142.500
4-Hour Time Frame:
EMA 50: 143.900
EMA 100: 143.600
EMA 200: 143.200
EMA 400: 142.800
The EMAs on both time frames indicate the overall trend direction. The daily EMAs suggest a bullish trend, while the 4-hour EMAs indicate potential consolidation.
RSI Divergence ๐
The Relative Strength Index (RSI) on the daily chart currently sits at 62, indicating that the market is approaching overbought territory. A divergence between price action and the RSI could signal a potential reversal. If the price makes a new high while the RSI fails to do so, it may suggest weakening momentum.
Order Blocks ๐ฆ
Identifying order blocks is essential for understanding market structure. On the daily time frame, a significant order block is observed around the 143.500 level, where buyers previously stepped in. This zone could act as a strong support area if tested again.
MACD Analysis ๐
The Moving Average Convergence Divergence (MACD) indicator shows a bullish crossover on the daily chart, with the MACD line above the signal line. This suggests that upward momentum may continue in the near term. However, traders should remain cautious as the histogram is beginning to flatten, indicating a potential loss of momentum.