Get started

USD/JPY_SPT - USD/JPY

No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals Economic Calendar

USDJPY_SPT trade ideas

USDJPY: Near Resistance 156.70, Consolidation Awaits DirectionUSDJPY is currently trading around 154.62, approaching the key resistance level of 156.70 after recovering from strong support at 152.24. The EMA 34 and EMA 89 lines are near the current price, acting as dynamic resistance and hindering further upward momentum. The RSI indicator is hovering at a neutral level of 48, indicating a consolidating market with no clear trend. If the price fails to break through the resistance at 156.70, it is likely to pull back to the support levels at 153.70 or even 152.24. The primary driver of USDJPY's trend is the strengthening USD, supported by expectations that the Fed will maintain high interest rates, along with easing signals from the Bank of Japan (BoJ). However, any significant economic data from the US, particularly inflation figures or statements from the Fed, could strongly influence price action this week.
Short
by Vanna-Cris
Trend continuation or correction?Both EMA 34 and EMA 89 are sloping up, creating a strong uptrend support structure. This is a positive signal for buyers. The price is consolidating around the 154.50 - 155.00 area, close to the psychological resistance. The recent upward momentum is still maintained, but there are signs of slowing down. USD/JPY is still receiving support from US bond yields, as the 10-year yield remains high. This increases the strength of the USD. However, profit-taking pressure may occur if USD/JPY fails to break above the current resistance zone. Personal opinion: If the price breaks above 155.00, USD/JPY may extend its upward momentum, heading towards 156.00. However, if strong selling pressure appears, the price may adjust to the support zone of 154.00 - 153.50 before deciding on the trend.
by Maria_aaa
Bullish momentum stalls amid resistanceUSD/JPY is currently trading around 154.57 after a strong rally. It seems that the bulls have run into pressure at the 155.00 resistance zone, while technical and market sentiment factors are also influencing the next direction of the pair. Technical analysis: Nearest resistance: 155.00 - a strong psychological resistance zone where the price is struggling to overcome. Nearest support: 154.00 - a key support level, if broken, the price could fall further to 153.00. EMA 34 and EMA 89: The price is trading around EMA 34 (short-term support), but is still above EMA 89, suggesting that the medium-term uptrend is still in place. Price pattern: There are signs of a pause, with the possibility of forming a "Pullback" pattern or a slight reversal before continuing the main trend. Personal opinion: I see the market facing a dilemma between buying and selling forces. The recent increase in USD is supported by high US bond yields and positive market sentiment. However, if it fails to break above the 155.00 zone, USD/JPY may correct slightly before looking for new momentum to continue rising. Trading strategy: Buy: When the price breaks above 155.00, the next target is 156.00. Sell: When the price falls below 154.00, the next support target is 153.00.
by Maria_aaa
USDJPY Strengthens: Support at 154.43 & Target 157.80 USDJPY continues its strong uptrend, currently trading around 154.649 within an ascending price channel. The EMA 34 and EMA 89 lines lie below the current price, acting as dynamic support to sustain the bullish momentum. The key support level at 154.43 will be crucial if a pullback occurs. If the price holds above this level, USDJPY is likely to continue rising toward the next resistance at 157.80. However, a break below 154.43 could increase bearish pressure. The USD's strength is supported by expectations that the Fed will maintain high interest rates, while the BoJ's loose monetary policy weakens the JPY. Investors should closely monitor U.S. economic data this week to assess USDJPY's next move.
by Vanna-Cris
USDJPY BUY SETUP FOR TODAYHello everyone, If you see H4 and H1 trend as higher timeframe then you will realize Trend is completely very bullish. So now today price creating liquidity above strong demand zone and strong price line. To take out all internal liquidity, price will come till 1st POI entry level at 155.744. so BUY USDJPY nearly this price. If price needs more liquidity then it will come to next POI entry level at 155.477. So 2nd BUY entry nearly 155.477. Stoploss must be max 10-20 pips as per your Risk Reward. Risk must be max 1%. If you have $1000 account balance then take $10 as risk for single entry. Good luck and happy trading.
Long
by TradingPoint_
Next Target Fibonacci ExtensionLooking at the USD/JPY 4-hour chart, I see that the uptrend remains quite strong, with the price trading above both the 34 EMA and the 89 EMA, suggesting that the bullish momentum continues to hold. Based on the Fibonacci extension analysis, I am particularly interested in the 1.618 level around 157.00, which could be the next key resistance. I expect a short-term correction before continuing the uptrend towards this target. If the price falls towards the 0.618 Fibonacci support near 154.00, this would be an ideal opportunity to look for a long entry. Conversely, if the price breaks above 157.00, the uptrend could be further reinforced, while if the momentum weakens, the price could trade sideways around the EMAs.
by Maria_aaa
USD/JPY Faces Resistance, Upcoming Trend May Correct DownLooking at the USD/JPY chart, I notice that the pair is currently approaching a strong resistance zone near 154.0. The price has reached this zone and is showing signs of turning around, which could signal a weakening of the current bullish momentum. Furthermore, both the 34 EMA and 89 EMA are below the price, indicating that the uptrend is still in place, but it seems to be starting to weaken as it meets resistance. Given the current situation, I am looking at a short-term downside correction in USD/JPY. If the pair fails to break above the resistance at 154.0 and continues to be under selling pressure, we could see the price fall to the support zone around 153.0 or lower. This is the area that I will be looking at for buying opportunities if the price shows signs of recovery.
by Maria_aaa
USD/JPY Double Top Pattern PredictionFrom my observation on the USD/JPY chart, there are signs that the pair may be forming a double top pattern. The current key top is around 156.0 – this is a strong resistance level that the price has reached twice without being able to break out. This is a warning sign for a possible reversal, especially when buying pressure starts to wane. With the double top pattern, if the price drops and breaks through the support area near 152.0, I think there is a high chance that the pattern will be confirmed. In this scenario, the downtrend could continue, and the price could head towards the lower support area around 151.0. That would be a point where I would consider entering a short position if the downtrend is confirmed.
by Maria_aaa
USDJPY fades month-old bullish trend on BoJ’s cautious pauseUSDJPY snapped a three-day winning streak even as the Bank of Japan (BoJ) held benchmark interest rates unchanged, as widely expected, after its two-day monetary policy meeting early Thursday. In doing so, the Yen pair also challenged a five-week-old bullish trend channel. Bulls lack acceptance but bears have a bumpy road ahead… Apart from the BoJ’s hawkish halt, sluggish MACD and RSI conditions, along with the USDJPY pair’s inability to cross a month-old rising resistance line and 61.8% Fibonacci retracement of July-September downside, suggest a weakening of bullish bias. A slew of key supports, however, might challenge the sellers before taking control. Key technical levels to watch The aforementioned upward-sloping trend channel’s bottom line, close to 152.80, gains the immediate attention of the sellers ahead of the 50-bar Exponential Moving Average (EMA), around 152.20 at the latest. Following that, the USDJPY sellers can aim for the 150.00 threshold and the 200-EMA support of 149.00. In a case where the quote remains bearish past 149.00, the 38.2% Fibonacci ratio and September’s peak, respectively near 148.10 and 147.20, will act as the final defense of the buyers. On the contrary, USDJPY needs a clear upside break of the 61.8% Fibonacci retracement level of 153.45, also known as the golden ratio, to convince buyers. Even so, a month-long ascending trend line and a horizontal hurdle established since mid-July, close to 154.80 and 155.30-40, will challenge the Yen pair’s further advances. If the prices remain firmer past 155.40, the odds of witnessing a rally toward the aforementioned bullish channel’s top line surrounding 157.70 can’t be ruled out. Focus on US data As the BoJ’s cautious stance weighs on USDJPY buyers, traders will watch upcoming US inflation and employment data for further direction.
by MTradingGlobal
The Japanese Yen Weakens Below 153.00 Against the USDHere’s a hot update on the USD/JPY pair from Alisa, everyone! The situation is getting intense. The Japanese Yen is facing increasing complexity as it encounters multiple opposing pressures. With the DPP leader’s opposition to rate hikes, optimistic market sentiment, strong USD buying pressure, and concerns over potential intervention by the Japanese government, a chaotic picture is emerging for the USD/JPY pair. Investors are cautiously awaiting the Bank of Japan’s decision and upcoming U.S. economic data to make their next move. The USD/JPY pair is trading around 153.26, indicating strong short-term fluctuations. The 1-hour technical chart signals a downward trend, with support at 152.831 and resistance at 153.278 being key focus points. Although the pair attempted to break through the resistance level, selling pressure quickly pushed the price back down. Without any new supportive factors, it’s likely that the pair may break through the support level, opening the door for a deeper decline. Will the USD/JPY continue to drop, or are we in for a surprising rebound? What do you all think?
by Alisa_Rokosz
USD/JPY Analysis: Sell Opportunity Near Daily ResistanceThe USD/JPY pair is approaching a strong resistance level around 154.00 on the Daily timeframe. This zone has historically served as a key barrier, with price often facing selling pressure upon reaching this level. A potential sell setup may present itself if a bearish reversal pattern forms. Key Technical Insights: Daily Resistance at 154.00: This level has acted as a major resistance in the past, limiting the pair's upward momentum. Price nearing this zone increases the chances of a pullback or reversal if sellers re-enter the market. Look for Bearish Reversal Patterns: To confirm a potential entry, watch for a bearish candlestick pattern on lower timeframes (such as H4 or H1), like a bearish engulfing or pin bar. These patterns would indicate strong selling interest and provide a safer entry point. Trade Plan: Entry: Consider a sell entry on confirmation of a bearish pattern at or near 154.00. Stop Loss: Place a stop above 154.50 to protect against potential breakouts. Take Profit: Initial target at 150.00, with the potential to extend lower if bearish momentum sustains. The resistance at 154.00, coupled with potential bearish patterns, offers a favorable setup for a short trade on USD/JPY. FX:USDJPY OANDA:USDJPY FOREXCOM:USDJPY SAXO:USDJPY FX_IDC:USDJPY
Short
by Trading_Zone_3773
Japanese Yen Slightly Rebounds, Is USD/JPY Really Reversing?Are you ready for the latest hot updates on the USD/JPY pair? Let’s dive deep into the analysis with Alisa! The Japanese Yen has slightly recovered after Japanese officials intervened, pushing the USD/JPY pair below 152.00. However, the Fed’s interest rate hike prospects and political uncertainty in Japan are limiting the Yen’s upward momentum. Investors are closely watching the PMI data to assess the global economic outlook. Looking at the technical chart, the upward trend is still ongoing. Although the USD/JPY pair is currently slightly declining, it won’t be long before the uptrend resumes. With support from the ascending price channel and the 151.00 level, the pair's upward momentum will be reinforced. So, what do you think? Will the USD/JPY pair continue to decline, or will it reverse and rise? Let Alisa know!
by Alisa_Rokosz
USDJPY crosses 200-SMA to refresh 12-week high, focus on 152.00USDJPY has reached its highest point since July 31, rising for the third straight day after breaking the 200-day Simple Moving Average (SMA) early Wednesday. However, a seven-month-old resistance zone around 151.85-152.00 limits further gains of the Yen pair. Bulls need a strong push The US Dollar’s strength and bullish MACD signals keep buyers hopeful. Yet, overbought RSI conditions and tough resistance mean a significant boost is necessary for further upward movement. Without this, the pair could quickly drop below the 200-SMA, leading to short-term selling. Key technical levels to watch In addition to the 200-SMA support at 151.35 and the resistance zone around 151.85-152.00, several important technical levels are crucial for USDJPY traders. The 50% Fibonacci level near 150.80 will attract sellers if the price drops below the 200-SMA, along with the key threshold at 150.00. A drop to around 149.40 is possible if sellers gain control, and if the price falls past this level, September’s high of 147.20 and the 23.6% Fibonacci level at 144.85 will come into focus. On the upside, a close above 152.00 could encourage buyers to target the 61.8% Fibonacci level, or Golden Ratio, near 153.40. If momentum continues, potential targets may include June’s low of 154.55 and the 78.6% level at 157.20. Decisive move ahead… While buyers seem in control, the struggle to surpass key resistance amid overbought conditions and upcoming PMI data could lead to a necessary pullback. Traders should proceed with caution as the next moves in USDJPY will be crucial.
by MTradingGlobal
USDJPY MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
Long
by okako_trading
USD/JPY is about to break through the 150.00 levelHello everyone, today let's update the USD/JPY pair with Alisa! USD/JPY is on the path to breaking through the 150 psychological level. Uncertainty surrounding the BoJ's policy and overall market optimism are supporting the USD. Although there have been comments about intervention by the Japanese government, geopolitical tensions and upcoming events may limit the JPY's downside. From a technical perspective, this pair is trading in a positive zone. However, if it fails to break through the resistance level of 149.58, USD/JPY may potentially decline towards the support level of 149.19. Conversely, if 149.19 can act as a springboard and help the pair break the resistance at 149.75, it could pave the way for the pair to target 150 and beyond. Investors should closely monitor BoJ policy news and geopolitical events to make informed investment decisions.
by Alisa_Rokosz
USDJPY SHOWING A GOOD DOWN MOVE WITH 1:8 RISK REWARD USDJPY SHOWING A GOOD DOWN MOVE WITH 1:8 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
Short
by tradergyan01