USDJPY_SPT trade ideas
USDJPY scenario 26/02/2025Morocan Darija : kanchof price Bearish
English : there is possibility of a bearish scenario.
ATENTION : I only share my ideas, not signals.
USDJPY: remains below 150.00Furthermore, any significant retracement could find immediate support near the 149.50 level, which is followed closely by the 149.00 round number. A break below the latter might expose the USD/JPY pair to a retest of the 148.50 region, a level seen as the next strong support. Sustained weakness below this area could pave the way for a deeper corrective decline, with the next target around the 148.00 level. Traders will likely keep a close eye on these levels, as they could provide fresh directional impetus for the pair.
USDJPY Will Grow!
HI,Traders !
USD-JPY is already making
A local bullish rebound from
The horizontal support
Level of 149.154 so we are
Locally bullish biased and
We will be expecting a
Further move up !
Comment and subscribe to help us grow !
USDJPY shortOverall downtrend in short term
better to sell from Supply zone
Favorable risk reward ratio
Long - Easy money at TP-1 LevelLong.
Easy money sitting at TP-1 Level.
Use proper risk management
Looks like good trade.
Lets monitor.
Use proper risk management.
Disclaimer: only idea, not advice.
USD/JPY 1HOUR CHART TECHNICAL ANALYSIS NEXT MOVE POSSIBLE This USD/JPY 1-hour chart presents a bullish trade setup, anticipating a move higher. Here's the breakdown:
Key Observations:
1. Support Zone: The price is bouncing from a yellow demand zone near 149.145 - 149.294, signaling buying pressure.
2. Bullish Projection: The black arrows suggest a potential rally toward the 151.511 resistance zone, marked in red.
3. Risk-Reward Setup:
Entry: Near 149.670
Take Profit (TP): Around 151.511
Stop Loss (SL): Below 149.145, ensuring risk control.
4. Market Structure:
A previous downtrend correction has found demand.
A bullish channel formation supports the upward move.
Trade Idea:
A long (buy) position aiming for 151.511 is valid as long as price remains above 149.145. A break below may invalidate the setup.
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USDJPY corrects along with the dollar USDJPY is falling after a false breakdown. But, most likely, the fall of the dollar index, which happened after the change of the political position of the US leadership, also had a huge impact here. The index is likely to continue its fall and this will help the currency pair to fall even further
Scenario: support 151.0 is ahead, from which a rebound to resistance 152.4 - 153.18 is possible, but in the medium term, as we have a change in the fundamental background, we can expect a continuation of the fall. The focus in this case is on the support 151.47 - 159.9. A breakdown of this zone may weaken the price to 148.8
Short USD/JPYThe USD/JPY break out the middle term side way channel and short term down trend channel bottom lines.
The MACD, SlowStoch over sold level crossed didn't really work for pushing the price to North, instead, they are going down back to over sold levels, which means the down power is big.
Try a cypher pattern trade on behalf of the CD leg.
USD/JPY Upcoming Trend - Bearish?USD/JPY news:
🔆The USD/JPY pair climbs to around 149.80 during North American trading hours on Monday, driven by a weaker Japanese Yen (JPY) as 10-year Japan bond yields undergo a slight correction. The 10-year Japanese Government Bonds (JGBs) decline to approximately 1.41% from 1.45%, the highest level in nearly 15 years.
🔆Despite this, expectations that the Bank of Japan (BoJ) will raise interest rates again this year continue to support the Yen. Additionally, hotter-than-expected National Consumer Price Index (CPI) data for January has reinforced speculation that the BoJ may tighten its monetary policy further.
🔆On the US Dollar (USD) side, a strong rebound follows its drop to a nearly 12-week low. Weak US private business activity data has led to increased dovish bets on the Federal Reserve (Fed), with the probability of a rate cut in June rising to 58% from around 50% a week ago, according to the CME FedWatch tool.
Personal opinion:
🔆The USD/JPY pair is still maintaining a downtrend in the medium term, besides the support for JPY from fundamental factors, technical analysis according to the trend line combined with Fibonacci levels and important resistance - support levels shows a clear downtrend, there is no sign of a reversal from USD
Plan:
🔆 Price Zone Setup:
👉Sell USD/JPY 149.50 – 149.70
❌SL: 150.15 | ✅TP: 148.80 – 148.20 – 147.60
FM wishes you a successful trading day 💰💰💰
USD/JPY Technical Analysis: Fluctuating Around Key 150 Support As anticipated in the previous analysis, this pair declined and has now fallen below the critical 150 support level. The expected scenario is a temporary rebound, either toward the 150 support retest or the identified supply zone. After this brief recovery, further downside movement is likely.
I'm selling USDJPYReason is simple, banking on a down move before correction.
BE as soon as you can, I wont like the trade to spoil my profit run
USDJPY Wave Analysis – 24 February 2025
- USDJPY reversed from the support area
- Likely to rise to the resistance level 150.95
USDJPY currency pair previously reversed up from the support area set between the support level 149.00 (which has been reversing the price from October), 50% Fibonacci retracement of the upward impulse (1) from September and the lower daily Bollinger Band.
The upward reversal from this support area stopped the C-wave of the previous ABC correction (2) from the start of January.
Given the rising bearish yen sentiment seen across the FX markets today, USDJPY currency pair can be expected to rise to the next resistance level 150.95 (the former low of wave A from the start of February).
USDJPY LongAccording to the analysis on this instrument we expect the price growth according to the wave theory to a strong dynamic level. But we enter the market after consolidation.
Could the price bounce from here?USD/JPY is falling towards the pivot and could bouncer to the pullback resistance.
Pivot: 149.28
1st Support: 146.90
1st Resistance: 151.23
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USDJPY - 23/02/25USDJPY - 23/02/25 Ideas for the coming week. Will update the comments if any trades come in to play.
USD/JPY: Bearish Momentum and Key Support TestThe USD/JPY analysis as of February 18, 2025, shows a clear bearish structure, with the price breaking below key support levels, particularly around 152.70, which aligns with the 200-day moving average. The February 17 close at 151.456 confirms the downward trend after the recent high of 154.79 on February 12, highlighting the weakness of the US dollar against the strengthening Japanese yen. The yen’s appreciation was driven by Japan’s unexpectedly strong GDP data, which showed an annualized growth of 2.8%, far exceeding expectations and fueling speculation of a potential rate hike by the Bank of Japan. In contrast, the US dollar has been under pressure due to weak retail sales data and a general lack of bullish catalysts.
The chart setup highlights a key demand zone between 150.50 and 151.00, where the price is showing an initial reaction, suggesting a possible technical rebound. However, the overall structure remains weak, and unless the price can stabilize above 152.50-153.00, the risk of further downside remains high. The next significant resistance lies between 154.50 and 156.00, an area with concentrated sell orders and a potential reversal point in case of recovery. Conversely, a break below 150.50 would open the way toward 148.00 and even lower levels, with a critical support zone around 146.00.
The short-term trading range could remain between 151.00 and 155.00, with strong dependence on upcoming macroeconomic developments, particularly statements from the Bank of Japan and economic updates from the United States.
USDJPY Trade Plan 23/02/2025Dear Traders,
Daily Trend line broken , i expect price will be start correction To Trendline ( Pullback) and Downtrend will be continue , to 145-147
If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza!
USDJPY Weekly BiasThis pair has been on a bearish momentum for the past few weeks and I do anticipate that it will continue.
My targets are;
1. 148.68 - Towards the Sellside Liquidity
2. 147.4 - Towards the Weekly FVG
The daily and hourly timeframe will give us our entry price.
USD/JPY - Potential Targets & OutcomesDear Friends,
How I see it:
If price can find enough demand above 148.500, pair might attempt a rally.
Potential Long Targets - reasons indicated.
1) 150.185
2) 150.730
3) 151.173
If strong bearish behavior under 4HR trend persists with
DXY holding under 107.
Potential Short Targets -
1) 148.600
2) 147.324
3) 146.480
Key notes:
Price is currently at a pivot; possible reversal attempts or further decline.
I would only consider any rally a reversal "attempt" - above the 38.20% FIB.
Otherwise, all rallies will just be corrections.
In a bearish environment - SELL THE RALLIES.
Thank you for taking the time to study my analysis.
USD/JPY Buy Trade SetupHello Trader 👋👋
Entry: 148.033
• Target 🎯: 150.385 – 150.639
• Stop Loss: 147.047
Analysis:
• Price is bouncing from a support zone, showing a bullish trend.
• If it stays above 148.112, it may move towards 150.385 – 150.639.
Strategy:
• Buy above 148.112
• Stop loss at 147.047
• Take profit at 150.385 – 150.639
An Overlook of USDJPY(ELLIOTT WAVE PRINCIPLE)A Flat correction(marked in Red) is in its final stages as part of the 2nd wave(or Wave B) of a larger Flat. Upon completion, it would be marked as Red Wave C and Yellow Wave B. The next move would be to the upside and would be at least 100% of Yellow Wave A.
