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USD/JPY_SPT - USD/JPY

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USDJPY_SPT trade ideas

USD JPY TECHENICAL TRADE 📉 USDJPY Breaks Downtrend Structure 📈 Monday started unexpectedly for traders with Trump's actions, which shook localized situations not only in the forex market… The imposition of tariffs, another batch of statements about the Eurozone, BRICS, and also this: "Trump said that the Fed made the right decision last week to suspend rate cuts" produced a corresponding reaction in the market. 🔥 On the back of inflation expectations, the dollar is accelerating its growth, thus provoking a rally in USDJPY. 🔍 Technical Outlook 📌 Resistance Levels: 155.95, 156.6 📌 Support Levels: 155.0, 153.6 ⚡ The price is trying to consolidate in the buying zone, but the resistance at 155.95 is holding the price back from active strengthening. 📊 Breakdown and consolidation above this area may provoke growth to the trend resistance
Long
by ExpertTrader041
USD/JPY Trend Today - Further Downward?🔔🔔🔔 USD/JPY news: 👉The USD/JPY pair continues its downward trend for the second consecutive day, edging closer to the multi-month low reached last week following Trump's warning to Japan about the weak yen. Additionally, rising expectations of further interest rate hikes by the Bank of Japan (BoJ) and a broader risk-off sentiment are bolstering demand for the safe-haven JPY. 👉Market consensus is strengthening around the likelihood of the BoJ tightening its monetary policy further, supporting elevated Japanese government bond (JGB) yields and reinforcing the yen’s strength. 👉As Tuesday’s Asian session begins, USD/JPY remains steady after Monday’s 0.74% decline. Weak US economic data, along with the imposition of tariffs on Mexico, Canada, and China starting March 4, keep the US dollar under pressure against most G7 currencies. The pair is currently trading at 148.85. Personal opinion: 👉Momentum is still tilted to the downside, as described by RSI (2H) about to enter the overbought zone. Be careful with this because there may be a reversal to the upside, before continuing the downtrend. So watch the price well to enter a Sell order Analysis: 👉Based on important resistance - support levels combined with trend lines and SMA to come up with a suitable strategy. Plan: 🔆 Price Zone Setup: 👉Buy USD/JPY 149.85 – 150.00 ❌SL: 150.5 | ✅TP: 149.30 – 148.70 – 1.47.50 FM wishes you a successful trading day 💰💰💰
Short
by FM-ForexMastermind
1
USD/JPY Technical Analysis – March 6, 2025 Market Structure & Price Action USD/JPY is currently trading at 149.182, showing a weak bullish reaction but still respecting the broader descending trendline resistance. The pair has been following a well-defined bearish channel, making lower highs and lower lows. Key Observations: 📉 Trendline Rejection: The price has tested the descending trendline and faced rejection, indicating sustained bearish pressure. 📊 Double Top Formation: A potential double top near 149.500 further supports a bearish outlook. 🔵 Support Zone at 148.900 - 149.000: This level has acted as strong demand previously. However, repeated retests weaken its reliability. 📌 Break and Retest Setup: If the price breaks below the support, a continuation to 148.000 and possibly 146.500 is likely. Bearish Scenario: A confirmed breakdown below 148.900 could trigger a sharper decline toward the 147.500 - 146.500 range, as highlighted in the projected move. A failure to hold above the descending trendline signals strong selling momentum. Bullish Scenario: If buyers defend 148.900 support, the price could retest 149.500 or even attempt a breakout towards 150.000. However, the overall trend remains bearish, favoring further downside. Conclusion: Bias: Bearish 📉 Key Levels to Watch: ✅ Resistance: 149.500 – 150.000 ✅ Support: 148.900 – 147.500 A break below the support zone could accelerate selling pressure, aligning with the downtrend structure.
Short
by MangoMan4
Jpy Crossroads for 2025USD/JPY enters 2025 at a crossroads. Rising US yields, hawkish Fed pivot, and expansionary fiscal policies could fuel more dollar strength, but BoJ moves and carry trade vulnerabilities may keep yen downside in check. The year ahead promises to be an eventful one.In 2025. Many financial institutions expect the yen to gradually appreciate towards the end of the year. Technically, it seems we already finished wave 3, and we are about to begin wave 4. We can with that escenario visit the support area again.
by TRADINGACPVIP
1
USD/JPY H1 Analysis: Key Levels and Market TrendsThe USD/JPY pair has shown significant movements in the H1 timeframe, with key levels to watch for potential trading opportunities. Recently, the pair tested the 148.720 level, indicating a possible support zone. Resistance is observed near the 151.135 level, which could act as a barrier for upward movements. Key levels to monitor: Support: 145.720, 145.235 Resistance: 151.135, 150.650 The market has been volatile, with notable price swings between 15 Feb 2015 and 5 Mar 2015. Traders should keep an eye on these levels for potential breakouts or reversals. The recent price action suggests a consolidation phase, which could lead to a decisive move in either direction. #Forex #USDJPY #TradingAnalysis #MarketTrends #SupportResistance #TradingStrategies #ForexSignals #PriceAction
Short
by IRGELD
USDSJPY continuation of the selling pressure below 152.50Bearish Scenario: The Japanese Yen (JPY) continues to strengthen against the US Dollar (USD) as expectations for additional Bank of Japan (BoJ) rate hikes gain traction. This has reinforced a bearish sentiment in the USD/JPY pair, which remains aligned with the longer-term downtrend. From a technical perspective, 152.50 serves as a key resistance level, marking the recent swing high. If an oversold rally occurs and faces rejection at 152.50, the bearish outlook is likely to persist, with downside targets at 149.30, followed by 147.80 and 147.20 over a longer timeframe. Bullish Scenario: A confirmed breakout above 152.50, accompanied by a sustained daily close above this level, would negate the bearish bias. This could shift momentum toward the upside, paving the way for further gains, with 154.30 and 155.70 emerging as potential resistance levels. Conclusion: The 152.50 level remains the key pivot for determining the next directional move. A rejection from this resistance would reinforce the downtrend, while a breakout above it could signal a bullish reversal. Traders should closely monitor price action around this level for confirmation of the next move. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
ANALYSIS OF USDJPYFundamental View Earlier on Wednesday, during a news conference, BOJ Deputy Governor Shinichi Uchida stated that the central bank has no immediate plans to sell its large holdings of exchange-traded funds (ETFs). He also reaffirmed that the BOJ’s monetary policy is not intended to manipulate currency rates. He however declined to comment on U.S. President Donald Trump's remarks on Monday criticizing Japan and China as intentionally weakening their currencies. For the rest of the week, the economic calendar is packed with high important events that could drive significant market movements. Later Today at 5:15PM GMT+4, the ADP Non-Farm Employment Change will be released, providing insight into private sector job growth. Meanwhile, 141k has been forecasted denoting a 42k decrease from the previous month of February. While At 6:45 PM GMT+4, the Final Services PMI is set for release, with expectations that it will remain unchanged from the previous month of February. Shortly after, the ISM Services PMI will be in focus, with a forecast of 52.5, slightly lower than the previous 52.8. On Thursday, markets will turn their attention to the U.S. Weekly Unemployment Claims, a key indicator of labor market health. Finally, on Friday markets attention would be shifted to the U.S. Jobs Report for February, a crucial release that could set the tone for future Federal Reserve policy decisions. These data points have the tendency to drive markets hence causing volatilities, accompanied with potential risk and reward. Technical View The USD/JPY remains supported around the key 149 level, acting as a strong barrier. In the previous session, the pair briefly dipped to 148.09, but buyers pushed it back toward the 149 zone. A decisive break below this critical support could be triggered by a fresh market catalyst. Given the upcoming high-impact news releases in the cause of the week, if the United States dollar losses momentum further, bears could take advantage of this, hence driving the pair toward 147.36, followed by the 145 psychological level. Further downside pressure could see a move toward the 142 zone. Conversely, if the U.S. dollar strengthens, the pair could rally, with bulls targeting 151, a level where price previously faced rejection. A successful break above this resistance could open the door for a push toward 154. Breakouts beyond these levels remain possible, depending on market dynamics. Meanwhile, the RSI sits at 38.24, just above the 30 oversold thresholds, suggesting there is still room for downside movement before testing overbought conditions. For now, the market remains relatively quiet, awaiting the next catalyst.
by CFI
USD/JPY: Short-Term Bullish Opportunity with Conservative RiskTrade Setup: Symbol: USD/JPY Direction: LONG Entry: 149.95 Stop Loss: 149.65 Target 1: 150.40 Target 2: 150.80 Risk:Reward: 1:1.5 (primary) / 1:2.8 (extended) Analysis: USD/JPY is showing signs of bullish momentum after consolidating near the 149.80 level. Price action on multiple timeframes indicates a potential upside break. The recent higher lows on the 15-minute chart, combined with decreasing bearish momentum on larger timeframes, create a favorable entry opportunity with controlled risk. Strategy: Enter long on a break above current consolidation, just below the key 150.00 psychological level. This conservative entry aims to catch the early momentum while maintaining tight risk parameters. The 30-pip stop loss protects capital while still respecting visible technical support levels. Risk Management: Move stop to breakeven after 20 pips of favorable movement. Consider splitting your position to secure profits at the first target while allowing the remainder to reach the extended target. Always be ready to exit if strong reversal patterns emerge, regardless of stop placement. Key Levels to Watch: 150.00: Psychological resistance 150.40: First resistance target 150.80: Second resistance target 149.65: Key support level Trade within your risk tolerance and adjust position sizing accordingly. Good luck!
Long
by ShlomoYahbes