USDJPY – A Global Repricing Phase, Not a Random Move

Jan 24

When I look at USDJPY, this move doesn’t feel random to me. It looks like part of a broader global adjustment phase rather than something driven by this pair alone.

Price Context:
Price spent a long time reacting from a major supply zone before showing a clear structure shift. Since then, the market has been respecting an ascending channel, with higher highs and higher lows.

Why this move makes sense:
As global risk sentiment shifts and interest rate expectations change, currencies often move together. That’s why similar moves are visible across multiple FX pairs, this is a broad-based repricing, not a pair-specific reaction.

Current Structure:
The recent pullback into demand and trend support looks like a healthy retracement, not a breakdown. As long as this structure holds, the broader trend remains intact.

Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Trading involves risk.

Jan 26

Trade active

Price continuation seen as per our expectation, soon it should reach at bottom.

Jan 27

Trade closed: target reached

made low at 153.328