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

40 minutes ago

will be trading over 144 by the end of new York session

1 hour ago

Viva la sells !

1 hour ago

I’m definitely watching for swing buy setups, but that recent move still looks like a retracement to me. No major levels have been broken and we’re still trading within a range—bearish momentum seems intact. Asia session dragged us down into a double bottom area, which sparked a reaction, but it didn’t feel strong enough to flip the momentum just yet. With Japan set to visit the US to negotiate tariffs, this could also be the last leg down before a potential shift—worth keeping an eye on.

AmaWina

1 hour ago

We be looking for sells on USDJPY from the New Week Opening Gap after liquidity sweep and all the way down.

NeomGoldForexVIPSignals

2 hours ago

📉 USDJPY Daily Analysis Based on Main Key Levels – 16th April 2025

Daily Current Market Price (DCMP): 🏷️ 142.258

Price context: DCMP trades above immediate supports (142.153–142.534) but below critical resistances (143.531–144.147).

📊 Key Levels Breakdown

Resistance/Sell Zones (Above DCMP)

R1: 🚨 143.531 (Fibonacci 38.2% Resistance)
R2: ⚡ 143.766 (Price Congestion Zone)
R3: 🔥 144.147 (Swing High Confluence)

Support/Buy Zones (Below DCMP)

S1: 🛡️ 142.534 (Dynamic Trendline Support)
S2: 🔄 142.153 (Swing Low Anchor)
S3: 🛑 140.753 (Breakdown Floor)

🔍 Technical Analysis Snapshot

Swing Levels:

Swing High: 151.306 (4H/Daily Ceiling)
Swing Low: 148.174 (4H/Daily Floor)

Fibonacci: 50% retracement at 142.769 aligns with intraday consolidation.
RSI: Neutral at 52 (No bearish/bullish divergence).
MACD: Bearish momentum fading on 4H timeframe.

💡 Intraday Trade Setups

Buy Trade Idea

Entry: 🟢 142.223 (Retest of Weekly Support Cluster)
Stop Loss: 🔴 141.500 (-0.723 | Below S3)
Take Profit 1: 🟡 142.769 (+0.546 | Fibonacci 50% Target)
Take Profit 2: 🟢 143.531 (+1.308 | R1 Breakout)

Sell Trade Idea

Entry: 🔴 144.603 (Retest of Weekly Pivot Resistance)
Stop Loss: 🟢 145.200 (+0.597 | Above R3)
Take Profit 1: 🟡 143.150 (-1.453 | Pivot Reversion)
Take Profit 2: 🔴 142.258 (-2.345 | DCMP Target)

📉 Critical Technical Drivers

Price Action: Close below 142.153 (S2) confirms bearish continuation; breakout above 143.531 (R1) signals bullish reversal.

MACD Crossover: Fading bearish histogram suggests weakening downside momentum.

Fibonacci Alignment: 61.8% extension at 144.603 creates high-probability sell zone.