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USD/JPY_SPT - USD/JPY

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USDJPY Wave Analysis – 24 March 2025 USDJPY: ⬆️ Buy - USDJPY broke the resistance zone - Likely to rise to the resistance level 151.35 The USDJPY currency pair rose strongly after breaking the resistance zone between the resistance level of 150.00 and the resistance trendline of the daily down channel in January. The breakout of this resistance zone accelerated the active intermediate impulse wave (3) from the start of March. Given the strongly bullish US dollar sentiment seen today, USDJPY currency pair can be expected to rise to the next resistance level 151.35 (the high of wave iv from last month).
Long
by FxProGlobal
JPY/USD Head & Shoulders Breakdown – Full Professional Analysis1. Introduction to the Chart Pattern The JPY/USD chart on the 1-hour (H1) timeframe displays a well-defined Head & Shoulders (H&S) pattern, which is a well-known bearish reversal pattern in technical analysis. This pattern signals the potential end of the previous uptrend and the beginning of a downward move. A Head & Shoulders pattern consists of three main components: Left Shoulder: The price rallies to a peak, then retraces. Head: The price rises higher than the left shoulder, marking the highest point before declining. Right Shoulder: A lower peak compared to the head, indicating weakening bullish strength. Neckline: The horizontal support level that, once broken, confirms the bearish trend. 2. Key Levels & Market Structure 🔹 Resistance Level (Supply Zone) The blue box at the top represents the resistance area, where price action was repeatedly rejected. This indicates strong selling pressure at this level, preventing further bullish momentum. 🔹 Support Level (Neckline) The horizontal blue line acts as the support level or neckline of the H&S pattern. Price has tested this area multiple times, confirming it as a crucial level for trend continuation or reversal. 🔹 Trend Line (Dynamic Support) The black dashed trend line represents the previous uptrend, which provided support before being violated. The break of this trend line suggests a weakening bullish structure and increased chances of a bearish move. 3. Breakdown of the Head & Shoulders Pattern Initial Uptrend: The market was in a strong uptrend before forming the Head & Shoulders pattern. Buyers pushed the price higher, making higher highs and higher lows. Formation of Left Shoulder: Price reached a peak and then retraced, forming the left shoulder as sellers entered the market. Formation of the Head: A strong rally followed, breaking the left shoulder’s peak and reaching a new high, forming the head. However, buyers started losing momentum, leading to another retracement. Formation of Right Shoulder: The price made another attempt to move upward but failed to surpass the head’s high, forming the right shoulder. This signaled a reduction in bullish strength and potential trend exhaustion. Neckline Breakdown (Bearish Confirmation): The price dropped below the neckline (support level), confirming a bearish reversal. This is the official entry signal for traders looking for a short setup. 4. Expected Market Behavior & Trading Setup 📉 Bearish Confirmation Steps: Neckline Retest: The price might retest the broken neckline before continuing downward. Bearish Candlestick Patterns: Look for rejection signals like bearish engulfing or shooting star formations. Volume Increase on Breakdown: Strong selling pressure confirms the trend continuation. 🎯 Potential Take Profit Levels: 1️⃣ Target 1 (TP1): 0.006492 – This is a short-term support level, where the price might pause before further decline. 2️⃣ Target 2 (TP2): 0.006430 – A stronger support zone, where sellers may take profits. 🚨 Stop Loss Placement: A stop-loss should be placed above the right shoulder to protect against false breakouts. This ensures a favorable risk-to-reward ratio. 5. Risk Management & Market Conditions ✅ Entry Strategy: Wait for a retest of the neckline for a higher probability short trade. ✅ Risk-to-Reward Ratio: Ideally, aim for 1:2 or 1:3 to ensure profitability. ✅ Market Catalysts: Be cautious of fundamental news events, as they can cause unexpected volatility. 6. Conclusion: Bearish Outlook for JPY/USD 🔸 The Head & Shoulders pattern breakdown suggests a strong bearish trend reversal. 🔸 If the neckline holds as resistance, a short trade offers a high-probability setup. 🔸 Price may reach TP1 first, then potentially extend to TP2 if selling pressure persists. 📢 Final Verdict: Bearish trend confirmed; watch for short opportunities on retest. 📊 TradingView Tags: #JPYUSD #HeadAndShoulders #ForexTrading #TechnicalAnalysis #BearishBreakout #ShortTrade
Short
by GoldMasterTrades
Japanese Yen bulls remain on sidelinesThe negative Purchasing Managers' Index (PMI) report from Japan earlier this Monday has kept the Japanese yen (JPY) down throughout the Asian session. Meanwhile, the safe-haven JPY is being undermined by rumors that US President Donald Trump's reciprocal tariffs will be less severe and more limited than previously expected. The USD/JPY pair returns to the crucial level of 150.00 as the USD maintains its recovery gains from a multi-month low. The Bank of Japan (BoJ) has the room to continue raising interest rates, but the JPY bears are restrained from making aggressive bets by the expectation that robust wage growth will trickle down to wider inflation trends. Concerns about a slowdown brought on by tariffs, on the other hand, have caused investors to factor in the likelihood that the Fed will soon resume its cycle of rate cuts. It is therefore advisable to exercise caution before positioning for a further increase in the USD/JPY pair, as this could cap gains for the USD and support the lower-yielding JPY. Technically speaking, in order for bulls to maintain short-term control, the USD/JPY pair must break out above a psychological level of 150.00. If this area is broken, the pair may rise to the 151.00 mark on its way to the monthly peak, which is in the 151.30 range. Conversely, the 149.00 mark will act as a significant support, followed by the 148.60–148.55 support. Should this support be forcefully broken, the USD/JPY pair may be at risk of accelerating its decline towards the swing low from last week, which was located around the 148.22 region on the way to the 148.00 mark. A decline towards the 147.30 zone may be facilitated by some follow-through selling before spot prices ultimately fall to the 146.55–146.50 range.
by softt_inc
USDJPY at Pivotal MomentThe USD/JPY pair is indeed at a critical juncture as of March 23, 2025, testing resistance around 149. Let’s analyze this based on the historical price levels and the current market context, without inventing unsupported details. The 149 level has shown significance in recent history. On December 24, 2024, USD/JPY faced resistance near this zone (close to 149.20 per X posts around that time), followed by a rejection that aligns with your noted potential reversal. Similarly, on August 15, 2024, after peaking around 149.50 earlier in the month, the pair reversed sharply, dropping over 13% from July highs near 162 to test 141.70 by early August (Forex.com, Aug 28, 2024). This historical behavior suggests 149 acts as a pivotal resistance where bullish momentum has previously faltered, supporting a possible decline if it fails again. If USD/JPY breaks above 149, the next major resistance at 157 is plausible, rooted in historical data. On January 9, 2025, the pair approached 157 during a post-election USD rally (X sentiment), and on May 24, 2024, it tested 157.91 amid a bullish leg (J2T.com, Nov 5, 2024). A break above 149 could signal renewed USD strength, potentially driven by Fed policy expectations or yen weakness, targeting 157 as a key ceiling where sellers might reemerge. Conversely, if 149 holds as resistance and the pair breaks below, support at 140 aligns with past levels. On September 17, 2024, USD/JPY stabilized near 140.25–141.02 after a steep decline (Forex.com, Sep 13, 2024), and on December 28, 2023, it found support at 141.40 (FinanceFeeds, Sep 12, 2024). A drop below 149 could see bears push toward 140, especially if risk-off sentiment or a stronger yen (e.g., BoJ hawkishness) takes hold. Current price action, hovering around 149.287 as of March 22, 2025 (LiteFinance.org), shows RSI declining below 50 and bearish candlestick patterns like Evening Star near higher levels (e.g., 161.57), hinting at fading bullish momentum (Web ID: 0). The 50-day moving average lies below, and 140.55 is flagged as a key support by analysts, reinforcing 140 target if downside prevails. Posts on X from March 19–22, 2025, also note resistance at 149.50–150, with supports at 147.60–148.80, suggesting a tight range before a decisive move. USD/JPY is at a pivotal moment at 149. A break above could test 157, backed by January and May 2024 highs, while failure might drive it to 140, consistent with September 2024 and December 2023 supports. The outcome hinges on momentum and broader market triggers like Fed or BoJ signals—watch for a clear break to confirm direction.
by LearnCryptology
USDJPY at Pivotal MomentThe USD/JPY pair is indeed at a critical juncture as of March 23, 2025, testing resistance around 149. Let’s analyze this based on the historical price levels and the current market context, without inventing unsupported details. The 149 level has shown significance in recent history. On December 24, 2024, USD/JPY faced resistance near this zone (close to 149.20 per X posts around that time), followed by a rejection that aligns with your noted potential reversal. Similarly, on August 15, 2024, after peaking around 149.50 earlier in the month, the pair reversed sharply, dropping over 13% from July highs near 162 to test 141.70 by early August (Forex.com, Aug 28, 2024). This historical behavior suggests 149 acts as a pivotal resistance where bullish momentum has previously faltered, supporting a possible decline if it fails again. If USD/JPY breaks above 149, the next major resistance at 157 is plausible, rooted in historical data. On January 9, 2025, the pair approached 157 during a post-election USD rally (X sentiment), and on May 24, 2024, it tested 157.91 amid a bullish leg (J2T.com, Nov 5, 2024). A break above 149 could signal renewed USD strength, potentially driven by Fed policy expectations or yen weakness, targeting 157 as a key ceiling where sellers might reemerge. Conversely, if 149 holds as resistance and the pair breaks below, support at 140 aligns with past levels. On September 17, 2024, USD/JPY stabilized near 140.25–141.02 after a steep decline (Forex.com, Sep 13, 2024), and on December 28, 2023, it found support at 141.40 (FinanceFeeds, Sep 12, 2024). A drop below 149 could see bears push toward 140, especially if risk-off sentiment or a stronger yen (e.g., BoJ hawkishness) takes hold. Current price action, hovering around 149.287 as of March 22, 2025 (LiteFinance.org), shows RSI declining below 50 and bearish candlestick patterns like Evening Star near higher levels (e.g., 161.57), hinting at fading bullish momentum (Web ID: 0). The 50-day moving average lies below, and 140.55 is flagged as a key support by analysts, reinforcing 140 target if downside prevails. Posts on X from March 19–22, 2025, also note resistance at 149.50–150, with supports at 147.60–148.80, suggesting a tight range before a decisive move. USD/JPY is at a pivotal moment at 149. A break above could test 157, backed by January and May 2024 highs, while failure might drive it to 140, consistent with September 2024 and December 2023 supports. The outcome hinges on momentum and broader market triggers like Fed or BoJ signals—watch for a clear break to confirm direction.
by LearnCryptology
USD/JPY Bullish Outlook – Targeting Key Resistance at 150.155USD/JPY Technical Analysis – Bullish Outlook Toward Resistance Chart Insights: The price is currently in a recovery phase after a significant drop. A Fair Value Gap (FVG) zone has been identified, suggesting a potential pullback before further movement. The target point aligns with the resistance level around 150.155, which acts as a key supply zone. Potential Scenario: Price may retrace into the FVG zone around 148.704 – 148.956. A bullish rebound from this level could drive price toward the resistance at 150.155. If price reaches the resistance level, further rejection or continuation will depend on market conditions. Key Levels: Support Zone: 148.167 – 148.315 FVG Area: 148.704 – 148.956 Resistance Zone: 150.007 – 150.155 (Target area) Conclusion: The current structure suggests a bullish bias if price respects the FVG zone for a push higher. However, a break below the FVG could signal further downside movement.
Long
by EA_GOLD_MAN_COPY_TRADE
USD/JPY Premium Trade Setup | High-Probability Short OpportunityKey Elements in the Chart: Uptrend Channel: The price was moving inside an ascending channel but recently broke downward. Resistance Zone: Marked near the 150.000 level, indicating a key rejection area where sellers are strong. Sell Zone: A potential short-selling opportunity is identified around 149.300 after a breakdown from the channel. Support Zone: Located around 148.500, where the price may find temporary buying interest. Target: The final target for the bearish move is near 147.000, suggesting a further downside potential. Trading Idea: Bias: Bearish (selling opportunity after a trendline break) Entry: Near 149.300 (confirmed rejection) Target: 147.000 Risk Management: Stop-loss can be placed above the resistance area. This setup suggests that USD/JPY may continue its downward move after failing to sustain the uptrend. Traders should watch for confirmation signals before entering.
Short
by PIPsOptimizer
Idea for a set upUSD/JPY falls back as the US Dollar gains on the Fed’s support for a restrictive policy stance. US President Trump’s tariff policies are expected to boost US inflation and weigh on economic growth. Japan’s National CPI cooled down in February. The USD/JPY pair gives up entire intraday gains after facing selling pressure around 149.60 and drops to near 148.60 during North American trading hours on Friday. The asset drops as the US Dollar (USD) gains, with the US Dollar Index (DXY) rising to near 104.00. The Greenback attracts bids as the Federal Reserve (Fed) is unlikely to cut interest rates in the near term. On Wednesday, Fed Chair Jerome Powell stated that they are not in a hurry to cut interest rates amid “unusually elevated” uncertainty over the United States (US) economic outlook under the leadership of President Donald Trump. Powell also warned that Trump’s tariff policy tends to push growth lower and inflation higher.
by EZIO-FX
USDJPY BUY SETUPThe USD/JPY daily chart shows a descending channel pattern, with price recently testing the lower boundary and rebounding. Key resistance levels are marked as TP1 (around 155.000), TP2 (approximately 162.327 - 165.941), and TP3 (near 178.490 - 178.635), indicating potential bullish targets. The price is currently hovering around 149.300, with a possible breakout above the channel signaling further upside movement. The marked support levels around 146.481 - 144.946 suggest a critical zone for risk management. Risk Management Disclaimer: Trading in financial markets involves significant risk and may not be suitable for all investors. The analysis provided is for informational purposes only and does not constitute financial advice. Past performance is not indicative of future results. Always conduct your own research, use proper risk management strategies, and consult with a professional financial advisor before making trading decisions. Never trade with money you cannot afford to lose.
Long
by ExuberanceTrading
JPY/USD Technical Analysis - Head & Shoulder Chart Bearish Move1️⃣ Chart Type & Timeframe: Market: Japanese Yen (JPY) / U.S. Dollar (USD) Timeframe: 1-hour chart (H1) Platform: TradingView This is an intraday chart used by traders to identify short-term price action and trend reversals. 2️⃣ Identifying the Key Chart Pattern – Head & Shoulders The dominant pattern on this chart is the Head & Shoulders (H&S), a well-known bearish reversal signal that forms after an uptrend. Let’s break it down: A. Formation of the Pattern Left Shoulder: The price forms a peak, then retraces down to a support level. Head: A higher peak is formed, followed by another decline, indicating buyers are losing control. Right Shoulder: The price attempts another rise but fails to reach the previous high, showing bearish momentum is increasing. B. Neckline & Trendline Support The neckline acts as a key support level. A break below it confirms the bearish move. The trendline, which has been supporting price action for a while, is also at risk of breaking. 3️⃣ Key Support & Resistance Levels Resistance Level (0.006750 - 0.006819): This is the previous high area where sellers are active. A stop-loss is placed above this level. Support Level (0.006567 - 0.006468): Key demand zones where buyers may step in. These are the take profit (TP) levels. 4️⃣ Price Action & Expected Movement 📉 Bearish Outlook – A potential breakdown from the neckline and trendline would confirm further downside. If price breaks the trendline, a pullback to retest resistance is expected before dropping further. Take Profit (TP) 1: 0.006567 – Minor support, possible bounce. Take Profit (TP) 2: 0.006468 – Stronger support, deeper correction possible. 🚨 Stop Loss: Above 0.006819, just beyond the right shoulder and all-time high (ATH). 5️⃣ Trading Strategy & Execution 💡 Entry Strategy: Sell Breakout Entry: Short the market when the neckline/trendline is broken with strong volume. Retest Confirmation: Wait for a pullback to the broken trendline and enter when price rejects it. 📌 Risk Management: Risk-to-Reward Ratio: 1:2 or higher for an optimal setup. Use trailing stop-loss to secure profits if TP1 is hit. 6️⃣ Market Psychology & Smart Money Behavior The Head & Shoulders pattern reflects buyer exhaustion and increased seller strength. Smart money often enters after the breakdown when weak hands get stopped out. Conclusion: Trade with Confidence! This chart presents a high-probability bearish trading opportunity based on a textbook Head & Shoulders formation, support/resistance dynamics, and trendline analysis. A disciplined approach with risk management will ensure better execution. 📉 Final Verdict: Bearish Breakdown Expected – Sell the Retest! 🔥 Tags for TradingView Idea: #JPYUSD #ForexTrading #HeadAndShoulders #TechnicalAnalysis #BearishReversal #SmartMoney #PriceAction #RiskManagement #TradingSetup #TrendlineBreak
Short
by GoldMasterTrades
USDJPY analysis for a SELL idea!!!!USDJPY - 4H Chart Sell Analysis Market Structure & Price Action • The price has been in an uptrend but is currently rejecting a key resistance zone around 149.796 - 150.000. • Multiple liquidity grabs (wick rejections) are visible around this area, indicating strong selling pressure. • A clear double top or liquidity sweep pattern is forming around the highs, signaling a potential reversal. Key Resistance & Supply Zones • The red supply zone around 149.500 - 150.000 has been tested multiple times, showing sellers are stepping in. • Previous support turned resistance zones (highlighted in gray) are aligning with this area. • The last bullish move failed to break convincingly above 150.000, indicating exhaustion. Bearish Confirmation • Price has rejected the supply zone and is currently showing signs of a breakdown. • If price remains below 149.500, it confirms that sellers are in control. • The lower high structure aligns with the Smart Money Concept (SMC) of distribution. Potential Target Areas • First target: 148.500, aligning with previous demand and a liquidity area. • Final target: 146.920, where the next major demand zone and liquidity pools are visible. Trade Setup • Entry: Below 149.500 after a retest. • Stop Loss: Above 149.800 - 150.000 (above recent highs). • Take Profit: 148.500 - 146.920. Confluence Factors 1. Liquidity Grab: Price spiked above previous highs but failed to sustain. 2. Supply Zone Rejection: Strong rejection from 149.796. 3. Bearish Market Structure Shift: Potential lower high formation. 4. Risk-Reward Ratio: Favorable setup towards 146.920. Final Outlook • If price stays below 149.500, bearish momentum should continue. • A break below 149.126 confirms further downside. • A close above 150.000 invalidates this sell idea.
Short
by DBFXTrader
USDJPY Short from ResistanceHello Traders In This Chart USDJPY HOURLY Forex Forecast By FOREX PLANET today USDJPY analysis 👆 🟢This Chart includes_ (USDJPY market update) 🟢What is The Next Opportunity on USDJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000