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USDJPY

USD/JPY Correction Could Offer Shelling OpportunityIn my USD/JPY analysis last week, I mentioned a high probability of the pair breaking support and continuing its decline. That scenario has played out, with USD/JPY dropping below the key 151 support zone and now trading around 149.50. An upside correction may be next, potentially providing traders with an opportunity to enter short and ride the downtrend. Conclusion: Rallies around 150.50 should be seen as selling opportunities, and as previously stated, I expect a further drop to 146. 📉 Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Short
by Mihai_Iacob
USD/JPY: Liquidity Grab Below Weekly LowThe chart shows that the price has grabbed liquidity below the weekly low, potentially triggering a bullish reaction. Analyzing the current USD/JPY situation, recent economic data highlights bearish pressure on the dollar due to declining consumer confidence in the U.S. and expectations of Federal Reserve rate cuts, while the yen is strengthening on the back of more solid economic indicators. Technically, the price has rejected a key demand zone and remains below the psychological threshold of 150.00, which acts as a crucial resistance. If the price confirms a bullish structure on lower timeframes, we could see an upward move towards the 152.00-152.50 area, aligning with a supply zone and moving average confluence. However, a close below recent lows could invalidate this outlook, paving the way for a further drop toward the next support at 146.00.
Long
by EdgeTradingJourney
1
Short opportunity ?There is a strong line of support and resistance at 148.65 area,    I have a short position I opened a few weeks ago.  I am still patiently waiting for the price to break below this level.   In October 2024, the price tried to break above the same support and resistance area and it took three weeks to properly break above and start the bull trend.  (see blue box in the chart) At the time, the price consolidated in the ascending parallel channel and the momentum indicators were showing clear hidden divergence which is the continuation of the trend. I think the same scenario is unfolding right now.  The price is moving inside the descending parallel channel and RSI is starting to show the hidden divergence.   My overall bias for USDJPY is bearish so I am looking for an entry to short. When the price hit the upper parallel channel and rolle over to the downside, it might be a good place to open a short position.
Short
by EbonyFalcon
4
USDJPY M15 | Bullish Rise Based on the M15 chart analysis, the price is falling toward our buy entry level at 148.94, a pullback support. Our take profit is set at 149.53, a pullback resistance that aligns close to the 61.8% fibo retracement. The stop loss is placed at 148.56, a swinglow support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at fxcm.com/au Stratos Global LLC (fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
Dollar weakens amid growing economic uncertainty Persistent tariff threats from the Trump administration and rising concerns over the U.S. economy are weighing on the dollar. Trump reaffirmed his commitment to implementing tariffs on Mexico and Canada according to schedule and reiterated the need for reciprocal tariffs. Meanwhile, weak consumer confidence data further rattled investor sentiment, as the February CB Consumer Confidence Index plunged to 98.3 from 105.3, marking its lowest level since June last year. In Japan, accelerating inflation increases the likelihood of a BoJ rate hike. According to the Ministry of Internal Affairs, Japan’s January CPI rose 3.2%, the largest increase since June 2023. Bloomberg noted that with Japan's inflation among the highest in the G7, the BoJ may continue scaling back stimulus and shifting toward a more restrictive policy stance. After breaking below the ascending trendline, USDJPY shows a persistent downtrend. After EMA21 death-crossed EMA78, it widens the gap and reinforces the bearish momentum. If USDJPY breaks below the support at 148.20, the price could extend its decline toward 145.00. Conversely, if USDJPY tests the resistance at 150.80, it may gain upward momentum toward 153.40.
by inkicho_exness
USD/JPY : Another Bearish Move Ahead ? (READ CAPTION)The USD/JPY daily chart confirms that the price followed our analysis precisely, dropping from the expected zone and completing a 500+ pip correction, hitting all three targets: 152.70, 151.70, and 151, before reaching 148.00. I anticipate a short upward move before another potential decline. The next probable target for USD/JPY is 148.65. Keep an eye on price action for confirmation! THE LATEST ANALYSIS : Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Short
by ArmanShabanTrading
13
EUR/USD Faces Key Resistance Amid Liquidity Grab ExpectationsEUR/USD is undergoing a pullback after reaching a one-month high of 1.0528, closing at 1.04658 on February 24, marking a 0.22% decline from the previous day. The euro's recent strength was driven by post-election stability in Germany, where centrist parties formed a coalition government, boosting market confidence. However, bullish momentum has stalled near key resistance levels around 1.0530 and 1.0560, with the pair struggling to sustain gains above the 100-day simple moving average. From a technical standpoint, the price is approaching a significant supply zone, where a liquidity grab could occur before a potential downside move. Resistance in this area aligns with broader concerns over Germany's economic outlook and coalition negotiations, which could weaken the euro’s appeal. Meanwhile, the U.S. dollar, despite recent weakness due to declining consumer confidence, remains in a favorable position for a short-term recovery, adding further pressure on EUR/USD. If the pair fails to break through resistance, a rejection could trigger a decline toward 1.0400, with further downside potential extending to 1.0283. Conversely, if buyers manage to push past the liquidity zone, the next upside targets lie at 1.0530 and 1.0560.
Short
by EdgeTradingJourney
1
USDJPY Downtrend USD/JPY is currently in a strong downtrend, indicating a bearish market sentiment. The pair continues to follow the descending trendline, respecting lower highs and lower lows, which confirms the ongoing downward momentum. Bearish Scenario: Trend Continuation First Key Support – 148.100 This level serves as a major support zone where price could find temporary consolidation or a minor pullback. If price breaks below 148.100 with strong bearish pressure, further downside is expected. Next Major Support – 142.000 A clean break and close below 148.100 could accelerate selling pressure. The next critical level to watch is 142.000, a strong historical support zone and a psychological level. If this level is reached, the bearish trend will likely extend further. Bullish Scenario: Trendline Breakout If USD/JPY breaks above the descending trendline, it may signal a potential trend reversal or retracement. The key resistance to watch for a breakout is 151.300, which acts as a strong support-turned-resistance level.
Short
by Pipsview_Analysis
1
USDJPY H1 I Bounce Off the Fibo?Based on the H1 chart analysis, the price is approaching our buy entry level at 149.76, a pullback support that aligns with the 38.2% Fibonacci retracement. Our take profit is set at 151.16, a pullback resistance that aligns with the 38.2% Fibo retracement and the 127.2% Fibo extension, forming a Fibonacci confluence that could act as a key resistance level. The stop loss is placed at 148.83, a swing low support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at fxcm.com/au Stratos Global LLC (fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
USDCHF Bullish Flag: Breakout Potential Toward 0.92USDCHF is currently trading at 0.899 and forming a bullish flag pattern, signaling a potential breakout toward the 0.92 target. The bullish flag is a strong continuation pattern that occurs after a sharp upward move, followed by a consolidation phase. If the price successfully breaks above the flag’s resistance, it could trigger a new bullish wave, driving USDCHF higher. Technically, the bullish flag suggests that buyers are accumulating positions before the next breakout. A confirmed breakout above the flag’s upper trendline, with increased volume, could validate the uptrend. Traders should watch key resistance zones and look for strong bullish candlestick formations to confirm the breakout momentum toward 0.92. On the fundamental side, the US dollar remains strong due to the Federal Reserve’s stance on interest rates. If economic data from the US continues to show resilience, the dollar could gain further strength against the Swiss franc. Additionally, the Swiss National Bank’s (SNB) monetary policy stance, which has remained relatively dovish, could contribute to CHF weakness, supporting the bullish outlook for USDCHF. In summary, USDCHF is currently consolidating within a bullish flag, preparing for a potential breakout toward 0.92. A strong move above resistance, combined with bullish fundamentals, could accelerate the upside momentum. Traders should keep an eye on US economic data and risk sentiment to confirm the trade setup.
Long
by AndrewsMarket-Mastery
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.
Long
by xauusd_rr
Fundamental Market Analysis for February 24, 2025 USDJPYThe Japanese yen (JPY) continued to strengthen against its U.S. counterpart last week and pushed the USD/JPY pair down to 149.000, its lowest level since early December, during Monday's Asian session. Japan's strong Consumer Price Index (CPI) released on Friday complemented last week's encouraging Q4 Gross Domestic Product (GDP) growth report. This, along with expectations that solid wage growth will drive consumer spending, suggests that the Bank of Japan (BoJ) may raise interest rates more aggressively than originally anticipated and continues to support the Japanese Yen. In addition, the emergence of new US Dollar (USD) selling is favorable for the JPY and has contributed to the USD/JPY pair declining for the fourth consecutive day, marking the seventh day of negative movement in the last eight. Meanwhile, Bank of Japan Governor Kazuo Ueda showed willingness to increase government bond purchases if long-term interest rates rise sharply. This in turn led to a further decline in Japanese government bond (JGB) yields from the multi-year peak reached last week, which triggered some intraday JPY selling and helped the currency pair bounce more than 50 pips from the daily low. Trading recommendation: SELL 149.200, SL 149.800, TP 148.300
Short
by Fresh-Forexcast2004
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 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets