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USD/JPY_SPT - USD/JPY

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USDJPY_SPT trade ideas

USD/JPY TRENDLINE BREAK OUT BUY ZONETrade Setup Rationale Entry Point: 149.500 Likely triggered by a bullish breakout above a descending trend line (resistance). Entry might be near the breakout level, assuming the price retests the trend line (now support). Example: If the breakout occurs around 150.00, a pullback to the 150.00-151.00 zone could serve as the entry point. Take Profit (TP) Targets TP1: 152.60 (near prior resistance or a measured move). TP2: 154.80 (extension of the bullish momentum, possibly a multi-month high). Stop Loss (SL) 148.25 (placed below the trend line/swing low to protect against false breakouts). Risk-Reward Considerations Scenario: Entry at 150.00, SL at 148.25 (175 pips risk). TP1 (152.60): +260 pips (1:1.5 risk-reward). TP2 (154.80): +480 pips (1:2.7 risk-reward). Note: Wider stops may suit swing traders, but ensure alignment with your strategy. Key Factors to Validate Trend Confirmation: Confirm bullish momentum with indicators (e.g., RSI > 50, MACD crossover). Fundamentals: Monitor BoJ intervention risks or Fed policy shifts impacting USD/JPY. Price Action: Watch for a clean breakout with volume.
by JAMES_GOLD_MASTER_MQL5
Elliott Wave View: USDJPY Rallying in Double ZigzagShort Term Elliott Wave view in USDJPY suggests that rally from 3.11.2025 low is in progress as a double zigzag structure. A double zigzag structure is a 7 swing double three Elliott Wave structure. There are 2 sets of ABC zigzag structure connected together, thus why the name is double zigzag. Up from 3.11.2025 low, wave A ended at 149.2 and wave B ended at 147.4. Wave C higher ended at 150.1 and this completed the first zigzag structure and end wave (W) in higher degree as the 45 minutes chart below illustrates. Pullback in wave (X) ended at 148.1 and pair has resumed higher in wave (Y). Internal subdivision of wave (Y) is unfolding as another zigzag structure. Up from wave (X), wave ((i)) ended at 149.66 and wave ((ii)) pullback ended at 148.6. Up from there, pair is nesting higher in wave ((iii)). Wave (i) ended at 149.95 and wave (ii) pullback ended at 149.48. Wave (iii) higher ended at 150.94. Expect pullback in wave (iv) to find support for more upside. Near term, as far as pivot at 148.16 low stays intact, expect dips to find buyers in 3, 7, or 11 swing for further upside.
by Elliottwave-Forecast
1
USDJPY INVERTED HS PATTERN BREAKOUT 350 PIPS CAN BE EXPECTED In the event that a head and shoulders pattern develops in USDJPY, please refrain from risking more than 2% of your capital investment. It is crucial to perform your own research before making any trading decisions. To ensure the pattern's accuracy, it is advisable to use the premium version of the TradingView Auto Chart Indicator, as the free version may not offer dependable indicators for this pattern. While the free version can be used to check the auto chart pattern, it may not display it correctly. Those with access to the premium version are invited to share their observations in the comments section. Thank you All
Long
by profits2win
1
BUY opportunities on USD JPYRR 1:1 - conservative RR 1:2 - aggresive Please do not trade as my analysis might be incorrect. I encourage constructive feedback. If you did trade, make sure the drawing is respected, don't use exact values as they might differ from a broker to another. Explanations: MIN - last minimum point MAX - last maximum point BOS - break of structure SMS - shift in market structure SL - stop loss TP - take profit RR - risk reward OB - order block OB (15) - order block (based on M15) timeframe
Long
by gabisuciu
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
USD/JPY - Strong rejection of lower pricesOn USD/JPY , it's nice to see a strong buying reaction at the price of 148.890. There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again. Strong rejection of lower prices and high volume cluster are the main reasons for my decision to go long on this trade. Happy trading Dale
by Trader_Dale
1
Weekly Forex Fundamental Overview - March 24 - March 28 2025Key Economic Calendar Events This Week: Monday, March 24 AUD/JPY/EU/UK/US Flash Manufacturing & Services PMIs BOE Gov Bailey Speaking (Taking Questions) Tuesday, March 25 German IFO Business Climate US S&P/SC Composite-20 HPI y/y US Consumer Confidence US New Home Sales US Richmond Manufacturing Index AUD CPI Wednesday, March 26 UK CPI UK Annual Budget Release US Durable Goods US FOMC Members Speaking Thursday, March 27 US GDP US Unemployment Claims US Pending Home Sales JPY CPI Friday, March 28 UK Retail Sales CAD GDP US PCE US University of Michigan Consumer Sentiment & Inflation Expectations Deeper Dive: - UK Inflation Trends The UK's Consumer Price Index (CPI) for February, scheduled for release on Wednesday, will provide insights into the country's inflation trajectory. In January 2025, the CPI rose by 3.0%, up from 2.5% in December 2024. Monitoring whether this upward trend continues is essential for anticipating potential monetary policy adjustments by the Bank of England. - U.S. Inflation Indicators and Federal Reserve Outlook The PCE Price Index release on Friday is pivotal, as it's the Federal Reserve's preferred inflation gauge. A higher-than-expected reading could influence the Fed's monetary policy stance, potentially impacting the value of the USD.​ - Housing Market Health The S&P Case-Shiller Home Price Index and New Home Sales data will shed light on the U.S. housing sector's condition. These indicators are crucial for assessing economic stability, as housing trends can influence consumer wealth and spending behaviors.​ - Consumer Confidence and Spending The Consumer Confidence Index and University of Michigan Consumer Sentiment Index will provide insights into U.S. consumer optimism. High confidence levels typically correlate with increased consumer spending, a key driver of economic growth.​ - Business Investment Trends Durable Goods Orders data will reflect U.S. business investment levels. An increase suggests optimism about future economic conditions, while a decrease may indicate caution.​ Market Outlook: Currency Bias for the Week USD: Neutral/Bullish – Strong PCE data could bolster the dollar if it suggests higher or persistent inflation.​ GBP: Neutral/Bullish – Anticipation of the CPI release may lead to increased volatility. Higher inflation could strengthen the pound on expectations of tightening policy.​ EUR: Neutral – With limited high-impact Euro data, the Euro may trade in response to other factors like outside economic data releases or geopolitics.​ JPY: Neutral/Bearish – Global risk sentiment and U.S. economic indicators could influence the Yen along with geopolitics. ​ AUD: Neutral – Commodity prices and global risk appetite will be key drivers.​
by stefanosfx
2
USD/JPY.. Treand line break out...The USD/JPY trade setup you've described appears to focus on a bullish trend line breakout, but there are inconsistencies in the terminology and risk-reward structure that need clarification. Here's a refined interpretation and analysis: --- ### *Trade Setup Rationale* 1. *Entry Point 149.500 *: Likely triggered by a bullish breakout above a descending trend line (resistance). Entry might be near the breakout level, *assuming the price retests the trend line (now support)*. - Example: If the breakout occurs around *150.00, a pullback to **150.00-151.00* could serve as the entry zone. 2. *Take Profit (TP) Targets* (mislabeled as "support"): - *TP1: 152.60* (near prior resistance or a measured move). - *TP2: 154.80* (extension of the bullish momentum, possibly a multi-month high). 3. *Stop Loss (SL): 148.25* (placed below the trend line/swing low to protect against false breakouts). --- ### *Risk-Reward Considerations* - *Scenario: Entry at **150.00, SL at **148.25* (175 pips risk). - TP1 (152.60): *+260 pips* (1:1.5 risk-reward). - TP2 (154.80): *+480 pips* (1:2.7 risk-reward). - *Note*: Wider stops may suit swing traders, but ensure alignment with your strategy. --- ### *Key Factors to Validate* 1. *Trend Confirmation*: Confirm bullish momentum with indicators (e.g., RSI >50, MACD crossover). 2. *Fundamentals*: Monitor BoJ intervention risks or Fed policy shifts impacting USD/JPY. 3. *Price Action*: Watch for a clean breakout with volume support and no false spikes. --- ### *Adjusted Trade Plan* - *Buy Entry: On confirmed trend line breakout (e.g., daily close above **151.00*). - *TP1: **152.60* (partial profit). - *TP2: **154.80* (final target). - *SL: **148.25* (strict risk management).
Long
by Algo_Trading_Mql5
3
USDJPY 1.2850 Long in Profit: Next Week's Take - Profit GuideThis week, the long position signal on USDJPY at the 1.28500 level has already started yielding profits. As we look ahead to next week, it is advisable to commence position closing once the price reaches the pre - determined target levels. Rest assured, I will persist in furnishing precise trading signals. I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
Long
by JohnGonzalez7
Yen Weakens Toward 150 on Weak DataThe Japanese yen weakened toward 150 per dollar, extending losses as disappointing business activity data overshadowed the BOJ’s hawkish stance. Japan’s private sector contracted in March for the first time in five months, with manufacturing shrinking for a ninth month and services slipping into negative territory. While the BOJ kept its policy rate at 0.5% last week and maintained a careful tone before Trump’s predicted April 2 tariff announcement, the central bank is still expected to raise rates later this year due to steady inflation and wage growth. Ongoing external pressures also continued to weigh on the yen. Key resistance is at 150.30, with further levels at 152.00 and 154.90. Support stands at 147.00, followed by 145.80 and 143.00. 
by ChartMage
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