U.S. Dollar / Japanese Yen

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USDJPY
2/2 Summary of Key Levels

Daily & 4-Hour Support and Resistance

Daily Support: 143.500, 143.379, 143.200
Daily Resistance: 145.000, 145.500, 146.290

4-Hour Support: 143.800, 143.600, 143.300
4-Hour Resistance: 144.500, 145.000, 145.200

Exponential Moving Average (EMA) Levels

Daily EMA:

EMA 50: 144.500
EMA 100: 144.200
EMA 200: 143.800
EMA 400: 143.500

4-Hour EMA:

EMA 50: 144.300
EMA 100: 144.000
EMA 200: 143.700
EMA 400: 143.400

Weekly and Daily Pivots

Weekly Pivots:

Pivot Point: 144.000
Resistance 1: 144.500
Support 1: 143.500

Daily Pivots:

Pivot Point: 144.155
Resistance 1: 144.500
Support 1: 143.800

Fibonacci Retracement Levels

23.6%: 144.775
38.2%: 144.132
50%: 144.834
61.8%: 145.295

Fundamental Analysis and Upcoming USD News

📈 Upcoming USD News: Traders should keep an eye on the following important economic events that could impact the USDJPY market:

Non-Farm Payrolls (NFP): Scheduled for next Friday, this report will provide insights into employment trends and overall economic health.

Consumer Price Index (CPI): Set to be released next week, the CPI will shed light on inflation trends, which are crucial for monetary policy considerations.

Federal Reserve Meeting: The upcoming FOMC meeting will be pivotal, especially if there are discussions regarding interest rate adjustments.

These events are likely to create volatility in the USDJPY market, and traders should prepare accordingly.

Conclusion

In summary, the USDJPY currency pair is currently at a critical juncture, with various technical indicators suggesting potential price movements. Traders should closely monitor support and resistance levels, Fibonacci retracement levels, and upcoming USD news to make informed decisions. By combining technical analysis with fundamental insights, traders can navigate the complexities of the forex market more effectively.

USDJPY
1/1 USDJPY Daily Market Analysis—June 6, 2025

Introduction

Welcome to today’s market analysis of the USDJPY currency pair. As of the latest market data, the live price stands at 144.155 USD. This analysis will delve into both the daily and 4-hour time frames, utilizing a variety of technical indicators to provide a comprehensive overview of market conditions. We will examine critical support and resistance levels, Fibonacci retracement levels, Exponential Moving Averages (EMAs), RSI divergence, and other key concepts that traders should consider.

Market Overview

The USDJPY pair has been experiencing notable volatility, influenced by various economic factors and technical indicators. Understanding the interplay between these elements is crucial for making informed trading decisions.

Current Price Action

Current Price: 144.155 USD

Swing High: 146.290
Swing Low: 143.379

This price action forms the basis of our analysis, allowing us to identify potential entry and exit points.

Technical Analysis

Support & Resistance Levels

Daily Time Frame

Support Levels:

143.500: This level has historically acted as a strong support zone.
143.379: The recent swing low, indicating a potential reversal point.
143.200: A psychological level that may attract buyers.

Resistance Levels:

145.000: A significant round number that traders often watch.
145.500: A prior resistance level that could act as a barrier.
146.290: The recent swing high, representing the upper limit of current price action.

4-Hour Time Frame

Support Levels:

143.800: A critical support area observed in recent price action.
143.600: A minor support level that traders should monitor.
143.300: A level that aligns with previous price reversals.

Resistance Levels:

144.500: A resistance level that has been tested multiple times.
145.000: As mentioned, a psychological barrier.
145.200: A level where selling pressure may increase.

Fibonacci Retracement Levels

Using the swing high of 146.290 and the swing low of 143.379, the Fibonacci retracement levels are as follows:

23.6%: 144.775
38.2%: 144.132
50%: 144.834
61.8%: 145.295

These levels indicate potential reversal zones where price action may react.

Exponential Moving Averages (EMA)

Daily Time Frame

EMA 50: 144.500
EMA 100: 144.200
EMA 200: 143.800
EMA 400: 143.500

4-Hour Time Frame

EMA 50: 144.300
EMA 100: 144.000
EMA 200: 143.700
EMA 400: 143.400

The EMAs provide a dynamic support and resistance framework, helping traders identify potential trends.

RSI Divergence

The Relative Strength Index (RSI) is currently showing divergence on the daily time frame. This indicates that while the price may be making higher highs, the RSI is not confirming this bullish momentum, suggesting a potential reversal or correction in the near term.

Order Blocks

Order blocks on the daily time frame are identified around the 144.500 level, where significant buying and selling activity has been recorded. This area may serve as a critical point for traders looking to enter or exit positions.

MACD Analysis

The MACD indicator is currently positioned in bullish territory, indicating that momentum is favoring buyers. However, traders should be cautious of potential crossovers that may signal a change in trend.




USDJPY take out previous asia and london high first
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