US Dollar vs Japanese Yen Forum & Chats (FPMARKETS:USDJPY)

33 minutes ago

fly target 168

1 hour ago

💡 USDJPY Intraday Trade Setups

📈 Intraday Buy Setup

🎯 Entry: 🟢 146.950 (61.8% Fib + Order Block)
🔴 Stop Loss: 🛑 146.500 (Below swing low)
✅ Take Profit 1: 💰 147.400 (50% Fib Midline)
✅ Take Profit 2: 💰 147.850 (Liquidity Pool)

Reason: Strong bounce expected at 61.8% Fib confluence with hidden bullish MACD crossover.

📉 Intraday Sell Setup

🎯 Entry: 🔴 148.222 (38.2% Fib + Supply Zone)
🔴 Stop Loss: 🛑 148.650 (Above structural resistance)
✅ Take Profit 1: 💰 147.800 (4H Pivot)
✅ Take Profit 2: 💰 147.300 (Daily Support)

Reason: Bearish rejection at ascending channel top with RSI overbought divergence.

fxprecisiontrading

2 hours ago

Thanks Elliot!

ChartMage

2 hours ago

Yen Climbs on Trade Talks, Record Surplus
The Japanese yen climbed toward 147 per dollar on Tuesday, reversing losses as trade uncertainty lifted safe-haven demand. Trump agreed to begin trade talks with Japan after speaking with PM Shigeru Ishiba and Treasury Secretary Scott Bessent to lead talks covering tariffs, currency, and subsidies. Trump denied delaying tariffs, saying they may stay indefinitely. Domestically, Japan’s current account surplus hit a record high in February, backed by strong exports and lower imports, further supporting the yen.

Key resistance is at 148.70, with further levels at 152.70 and 157.70. Support stands at 145.60, followed by 143.00 and 141.80.

NeomGoldForexVIPSignals

3 hours ago

💹 USDJPY Daily Analysis Based on Main Key Levels - 8 April 2025

Daily Current Market Price (DCMP): 🟢 147.077

Price trades ABOVE critical support (145.084) but BELOW immediate resistance (147.353)

🚩 Critical Price Zones

Resistance (Sell Areas):

🔥 147.353 (Intraday ceiling)
🔥 148.222 (Bullish breaker)
🔥 149.009 (Multi-session barrier)

Support (Buy Areas):

🛡️ 145.084 (Liquidity pool)
🛡️ 144.891 (Structural floor)
🛡️ 143.619 (Long-term baseline)

🔍 Technical Snapshot

Swing Levels:

Recent High: 151.306 | Recent Low: 148.174
4H High: 147.353 | 4H Low: 145.678

Fibonacci:
61.8% Retracement at 146.200 | 127% Extension at 149.800

Momentum:
RSI at 47 (bearish tilt) | MACD lines converging below signal line

Price Action:
Ascending triangle breakdown below 147.353 with rising volume

💡 Trade Setups

Intraday Buy (Long)

🎯 Entry: 145.084 (Demand cluster)
🔴 Stop Loss: 143.619 (Lower timeframe swing low)
✅ Take Profit 1: 146.950 (Intermediate baseline)
✅ Take Profit 2: 147.077 (DCMP)

Rationale: Confluence of 78.6% Fib level and order block 📉→💥

Intraday Sell (Short)

🎯 Entry: 147.353 (Supply zone)
🔴 Stop Loss: 148.222 (Upper timeframe swing high)
✅ Take Profit 1: 146.200 (61.8% Fib level)
✅ Take Profit 2: 145.084 (Key support)

Rationale: Bearish MACD histogram expansion confirms resistance retest 📉→🎯

⚡ Key Observations

Decisive battle at 147.077 aligns with 50D SMA (146.900)
Volume profile shows weak hands trapped above 147.353
Hidden bullish divergence on 4H timeframe

Risk Alert: Monitor BOJ intervention rumors – Yen-buying operations could trigger 200-pip reversal below 145.084.