U.S. Dollar / Japanese Yen

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U.S. Dollar / Japanese Yen forum

๏ปฟ

USDJPY wonderful. Weekend gap closed. With Donald now worried about the stock market and how bad itโ€™s gotten expect a bit of some word play to try and calm markets which will help USDJPY. Right now theyre in sync.

USDJPY let's sell now 146.950 147.150 SL 147.345
TP 146.353 145.847 145.050
let's print USD ๐Ÿคซ๐Ÿค˜๐Ÿ“‰


USDJPY
๐Ÿ’กUSDJPY Intraday Trade Setups

๐Ÿ’ก Intraday Buy Trade Setup

๐Ÿ”น Entry: ๐ŸŸข 145.232
Stop Loss: ๐Ÿ›‘ 144.900 (-0.23%)
Take Profit 1: ๐ŸŸก 145.650 (+0.29%)
Take Profit 2: ๐ŸŸข 146.000 (+0.53%)

Rationale:

Aligns with 61.8% Fib retracement (143.197โ†’147.661)
Confluence with daily support zone and bullish reversal candlestick pattern

๐Ÿ’ก Intraday Sell Trade Setup

๐Ÿ”น Entry: ๐Ÿ”ด 146.334

Stop Loss: ๐Ÿ›‘ 146.700 (+0.25%)
Take Profit 1: ๐ŸŸก 145.950 (-0.26%)
Take Profit 2: ๐Ÿ”ด 145.500 (-0.57%)

Rationale:

Tests 38.2% Fib extension (147.661โ†’143.197)
Resistance cluster at daily pivot high + bearish divergence on hourly RSI



USDJPY
USDJPY Daily Analysis Based on Main Key Levels โ€“ 7 April 2025

๐Ÿ“Š Daily Current Market Price (DCMP): 145.356

Immediate price framework:

Below DCMP: Support confluence (145.084โ€“143.682)
Above DCMP: Resistance cluster (147.353โ€“153.293)

๐Ÿ“ Critical Zones

Support (Bullish Triggers):

โœ… S1: 145.084 (61.8% Fibonacci retracement anchor)
โœ… S2: 143.682 (4H chart liquidity pool)

Resistance (Bearish Barriers):

โŒ R1: 147.353 (38.2% Fibonacci extension)
โŒ R2: 149.218 (Descending channel upper boundary)

Swing Levels:

๐Ÿ”บ Daily/4H Swing High: 151.306
๐Ÿ”ป Daily/4H Swing Low: 148.174

๐Ÿ” Technical Snapshot

Fibonacci Framework: Price oscillates between 145.084 (61.8% retracement) and 147.353 (38.2% extension)
RSI: Neutral at 49, showing equilibrium between buyers/sellers
MACD: Bearish crossover persists below signal line

๐Ÿ’ก Trade Setups

1๏ธโƒฃ Intraday Buy Trade

๐ŸŽฏ Entry: 145.084 (Strategic demand zone)
๐Ÿ›‘ Stop Loss: 144.600 (-0.484 pips)
๐ŸŽฏ Take Profit 1: 146.334 (+1.250 pips)
๐ŸŽฏ Take Profit 2: 147.436 (+2.352 pips)

Catalyst: Bullish divergence on 4H chart & rising OBV indicator

2๏ธโƒฃ Intraday Sell Trade

๐ŸŽฏ Entry: 147.353 (Supply confluence zone)
๐Ÿ›‘ Stop Loss: 148.000 (+0.647 pips)
๐ŸŽฏ Take Profit 1: 146.000 (-1.353 pips)
๐ŸŽฏ Take Profit 2: 145.084 (-2.269 pips)

Catalyst: Bearish order block activation & decreasing A/D line

๐Ÿ“‰ Risk Protocol

Use 1-2% capital allocation per trade
Monitor BoJ intervention rhetoric for JPY volatility spikes

Disclaimer: Analysis combines institutional order flow patterns with Fibonacci tools. Verify with USD Index correlation for confirmation. ๐Ÿšจ


USDJPY am i the only one in buys from 145.1 area? lol
Snapshot