Major resistance ahead?USD/JPY is rising towards the pivot and could reverse to the 1st support which aligns with the 50% Fibonacci retracement.
Pivot: 147.67
1st Support: 145.89
1st Resistance: 149.03
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JPYUSD trade ideas
Pound Hits $1.35 on Weaker DollarThe pound climbed to $1.35, supported by a weaker dollar and cautious positioning ahead of the August 1 U.S. tariff deadline. Investors expect UK economic data to show improving momentum, while the Bank of England may scale back bond sales due to weak demand. Despite the optimism, markets still price in two BoE rate cuts in 2025.
Resistance stands at 1.3550, with support at 1.3380.
US-Japan Deal Supports YenThe yen held firm near 146.5 per dollar, its highest level in two weeks, after President Trump announced a trade agreement with Japan featuring 15% tariffs on exports. Japan, in turn, pledged $550 billion in U.S. investments and increased access for American goods. Prime Minister Ishiba’s lack of details and speculation about his possible resignation add further political uncertainty, especially after the coalition’s upper house defeat.
Resistance is at 147.75, with major support at 146.15.
USDJPY 2H Analysis : Trendline Break or Double the Supply?🧠 Market Context:
The market has recently undergone a liquidity grab followed by a temporary bullish reaction, indicating that large players (institutions or market makers) are manipulating price around sensitive zones before committing to a direction.
🧱 Key Technical Zones & Observations:
🟩 1. Liquidity Filled Zone (Smart Money Move)
Location: Around July 17.
Explanation: Price dropped impulsively into a pre-marked liquidity pocket. This filled buy-side liquidity resting below previous lows.
Implication: Smart money has now captured trapped breakout sellers. Expectation of reversal or bullish mitigation.
🟧 2. Central Zone (Supply/Distribution Area)
This zone was tested multiple times, signaling it as a supply-rich region.
Acted as a base for previous strong bearish move.
If the trendline is broken, price may retest this Central Zone, potentially acting as resistance again.
🟩 3. QFL Formation (Quantity Following Line)
Nature: Base breakout with a fast snap-back indicates institutional demand.
The structure signals a failed breakdown or liquidation trap.
Actionable Insight: Strong bounce potential here, ideal for sniper long entries if market structure shifts bullish.
🟦 4. Trendline (Critical Validation Tool)
The descending trendline from July 18 has acted as dynamic resistance.
Multiple rejections validate its significance.
Main Conditional Setup hinges on this trendline:
Break = Bullish structure shift
No break = Trend continuation (retest of demand or breakdown)
🔁 5. Previous Reversal Completed
Price action has printed a reversal model (possibly Wyckoff-style accumulation or spring).
Completion of the pattern aligns with upcoming directional decision.
✅ Conditional Trade Scenarios:
🔺 Condition 1: Bullish Breakout Above Trendline
Setup: Price breaks and closes above the trendline with volume and momentum.
Action: Buy on retest of broken trendline or confirmation candle.
Targets:
Short-term: 147.50
Major: 148.00 – strong resistance/supply zone
Validation: Structure shift + momentum + rejection of prior supply.
🔻 Condition 2: Rejection from Trendline (Trendline Holds)
Setup: Price respects the trendline and fails to break.
Action: Short on bearish engulfing/rejection.
Plan: "Double the supply zone" as per your label.
Targets: 146.20 → 146.00 zone
This respects the previous price memory and liquidity void.
🧠 Deeper MMC Insight:
The market is in indecision phase, balancing between continuation and reversal.
Institutional footprints (QFL + liquidity fills + trendline rejections) suggest preparation for a trap-spring-accumulate or distribution-breakdown move.
Watch for fakeouts around the trendline – MMC logic says market makers often induce both directions before committing.
🧭 Trade Management Tips:
If long: Protect below the QFL base.
If short: Watch for manipulation around the Central Zone.
Wait for confirmation: Don’t pre-enter before structure validates direction.
USD/JPY PROBABLY !Waiting for confirmation on candles and Real Volume 5min or 15min (power of Real Volume)-without real volume I am like a blind man in a dense forest :)
Tools:
- real volume (proper interpretation)
- Fibonacci expansion ABC (an additional, new goal every day)
- Fibonacci retracement (combined with the real volume, it shows me the real probable movement for the next hours and days)
- volume support and resistance levels (confirmation of the price recovery level)
- oversold/overbought index (focusing on 1H and 4H something is already overvalued or undervalued)
- candlestick patterns (my entry point for 5 minutes or 15 minutes candlestick formations confirmed by particularly increasing volume).
USD/JPY: Bearish Setup Looms Below VWAP ZoneUSD/JPY dipped as expected, currently testing the VWAP as support while Stochastic signals the Yen is overpriced in the short term.
Resistance is at 147.6, backed by the bearish VWAP. It is likely the pair will rise and test this level. Furthermore, a new bearish wave can potentially emerge if 147.6 holds. In this scenario, the next target could be the support at 145.8 followed by 144.2.
The Day Ahead Economic Data
US June Existing Home Sales (10:00 ET): Will gauge housing demand resilience amid high mortgage rates. A weaker print may support rate cut expectations.
Eurozone July Consumer Confidence (Flash): Important for sentiment around ECB rate policy. Any downside surprise could weigh on the euro.
Central Banks
BoJ’s Uchida Speaks: Watch for any shift in tone post-yield curve control tweak. A hawkish slant may support JPY and pressure Japanese equities.
Earnings – High-Impact Reports
Tech & Comms:
Alphabet (GOOGL), Tesla (TSLA), IBM, T-Mobile US (TMUS) – Key for Nasdaq sentiment and AI/cloud/EV momentum.
Industrial & Energy:
GE Vernova, Equinor, Freeport-McMoRan – Outlooks can move energy, copper, and renewables sectors.
Financials & Payments:
Fiserv, UniCredit – Insight into global payment volumes and eurozone banking resilience.
Consumer & Healthcare:
Chipotle, Hilton, Thermo Fisher, Boston Scientific – Consumption trends, travel recovery, and health sector resilience in focus.
Fixed Income
US 20-Year Bond Auction (13:00 ET): Watch for demand metrics (bid-to-cover, indirect bids). Weak take-up could push yields higher and pressure equities.
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.
Bearish reversal off overlap resistance?USD/JPY is rising towards the resistance level which is an overlap resitance that is slightly above the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 147.88
Why we like it:
There is an overlap resistance that is slight.y above the 50% Fibonacci retracement.
Stop loss: 149.18
Why we like it:
There is a swing high resistance.
Take profit: 145.85
Why we like it:
There is an overlap support that lines up with the 50% Fibonacci retracement.
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USD/JPY – Bearish Rejection After Channel BreakUSD/JPY – Bearish Rejection After Channel Break
🔹 2H Chart Analysis by PULSETRADESFX
USD/JPY has broken down from a rising channel and is now rejecting a key supply zone around 147.000 – 147.250. The pair is showing early signs of bearish continuation after retesting this zone as resistance.
This setup favors short positions targeting deeper levels, especially with price failing to reclaim the broken structure.
📌 Trade Setup:
Entry: 146.808
Stop Loss: 147.350 (Above supply zone)
TP1: 146.000 (Recent low)
TP2: 145.250 (Demand support)
TP3: 144.300 (Major structural zone)
This is a clean break–retest–continuation scenario with risk-to-reward aligning well for short-term and swing traders.
✅ Bearish Confluences:
Rising channel break
Supply zone rejection
Lower high structure
Bearish engulfing reaction
TP levels mapped to recent price memory zones
📅 July 23, 2025
📊 CMC Markets Feed | USD/JPY (2H)
#USDJPY #ForexAnalysis #BearishBreakdown #TechnicalSetup #PriceAction #TradingView #PULSETRADESFX
Retracement then bearsish.Waitn for my setup, potential hns, retrace to the area of my interest. And down down.
hi everyone im away from the desk but we are still waiting for that short area of 147.590 on the short term trade. long term short trade still waiting for that daily FVG / BOS zone of the 4hr. will share chart set up once back. happy trading everyone
refer to video as its showing all the information im looking at on a day to day
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USDJPY 4H Chart Analysis – Bullish Setup in PlayThe USDJPY pair is currently showing signs of a bullish continuation after completing a corrective wave pattern (ABC) down into a strong confluence zone.
📌 Key Technical Insights:
✅ Wave Structure:
The market appears to have completed a 5-wave impulse up, followed by an ABC corrective pattern.
The final leg C has touched the 50% Fibonacci retracement level, aligning with a bullish reaction zone.
✅ Support & Confluence Zone:
Price retraced into the green demand zone marked around the 146.5 level.
This area also aligns with the Fair Value Gap (FVG) and the midpoint of the impulse leg, indicating strong demand interest.
✅ Fair Value Gap (FVG):
Price respected the FVG region twice – first as a breakout, now as a retest.
FVG acts as a dynamic support zone around 146.8–147.2.
✅ Key Resistance & Target Zones:
Immediate resistance lies at 149.30 (previous high and supply zone).
A breakout above this level can trigger a rally toward the 151.50 target, aligning with higher-timeframe resistance.
📈 Potential Bullish Pathway:
As shown on the projection path, price is expected to:
Hold above the 146.5–147.0 demand zone.
Retest 149.30 as resistance.
Continue to push higher toward 151.50, completing a larger bullish leg.
💬 Let me know your thoughts in the comments! Will USDJPY break 151 next?
#USDJPY #ForexAnalysis #ElliottWave #SmartMoney #PriceAction #FVG #TradingView #FX
USDJPY - Bearish BiasThe USD/JPY market currently shows a clear downtrend, as indicated by the break of structure (x-bos) and lower lows formation. The price is expected to retrace upwards towards key smart money areas defined by Lower Time Frame (LTF) Supply Zones highlighted in purple.
Using Fibonacci retracement from the recent swing high to the swing low, key Fibonacci levels—especially around the 0.618 and 0.786 zones—align with these LTF Supply Zones, creating high-probability entry areas for short positions.
The trading plan anticipates a retracement into these supply zones, where bearish price action signals can confirm entries. The ultimate target is set near the previous strong low (around 145.821), aiming to ride the next leg down in alignment with the market structure.
Risk management should involve placing stop losses slightly above the upper boundary of the LTF Supply Zones to protect against false breakouts. Patience is emphasized by waiting for price to reach these confluence zones, combining Smart Money concepts and Fibonacci levels for optimal timing and risk-to-reward profile.
USDJPY is continuing its uptrend, let's BUY✏️ OANDA:USDJPY broke the price channel and continued its uptrend at 151,000. The previous h4 candle wick had a liquidity sweep to 147,000, showing that the buyers are dominating the market. The USDJPY trading strategy will mainly BUY to the old peak around 151,000. When the price breaks 147,000, a corrective downtrend will begin to form.
📉 Key Levels
Support: 148.200 - 147.200
Resistance: 150.100 - 151.100
Buy trigger: Breakout above 148,800
BUY 147,200 (buyer liquidity zone)
Target: 145,000
Leave your comments on the idea. I am happy to read your views.
Trump’s 15% Tariff Move -Will It Trigger a USDJPY Trend ReversalThe dollar held firm after Trump announced a preliminary trade deal with Japan, setting a 15% tariff on Japanese imports and securing a 550 bln USD investment pledge. The agreement, which includes opening Japan's market to more US autos and agricultural goods, is part of Trump's broader push for "reciprocal tariffs" ahead of the Aug 1 deadline.
While details remain unclear, especially around potential exemptions for Japanese autos, the deal boosted sentiment in Japanese markets. Traders are watching for further specifics, as uncertainty around implementation and broader tariff risks linger.
From a technical perspective, USDJPY is approaching the support at 145.60, which aligns with an area of Fibonacci confluence. A rebound above 145.60 could prompt a further rise toward the following resistance at 148.80. Conversely, a break below the ascending trendline and support at 145.60 could prompt a further decline toward the following support at 142.80.
By Li Xing Gan, Financial Markets Strategist Consultant to Exness
JPY/USD 6J=F | SMC + LSTM Alignment | Target 0.006881 | VolanX P🚨 Bullish SMC Reversal Confirmed
After sweeping liquidity near 0.006804 equilibrium, price flipped BOS (break of structure) and is now pushing toward premium levels.
🔍 LSTM Model Forecast:
15-day trajectory aligns with upside bias. Short-term bearishness has likely completed.
🎯 Target: 0.006881 (2.414 fib extension)
🛡️ Smart entry was at the mitigation block between 0.006804–0.006820.
🔁 Price has returned to fair value and is now entering expansion.
🧠 VolanX DSS Signal:
SMC: BOS + mitigation + equilibrium tap
Fib cluster: 1.382–2.414 extensions favor bullish momentum
Volume profile confirms absorption
🪙 This may represent the continuation phase of JPY weakness or USD dominance. Monitor closely around 0.006862 (1.382 zone) for reaction.
VolanX Decision Protocol | Forecast Engine: DSS + LSTM AI | Not financial advice.
JPYUSD – Liquidity Grab Complete? VolanX Smart Reversal in Play📈 JPYUSD – Liquidity Grab Complete? VolanX Smart Reversal in Play ⚔️
The Yen just triggered a textbook Smart Money setup.
After sweeping the Equilibrium zone at 0.006738, we saw:
Reversal from the 0.618 Fib confluence (0.006803)
Clear CHoCH + BOS structure confirming demand re-entry
Strong upside magnet: Premium zone near 0.00712
🔍 VolanX DSS Outlook
The system now confirms a bullish reversal scenario with high probability based on:
Demand reactivation off discount levels
USD softening (jobless claims + CPI pressures)
BOJ inching away from ultra-loose policy
Capital rotation favoring defensive pairs like JPY
🧠 Probability Map:
🎯 0.00705–0.00712 = High liquidity target zone
📉 Invalid below 0.006660
📊 Thesis:
JPYUSD appears to be front-running global risk moderation and macro recalibration. VolanX tracks strong confidence in a reversal toward premium.
🔒 Positioning: Long bias maintained
🔔 Alert zones: 0.00688 (breakout), 0.00712 (TP zone)
💡 Powered by VolanX Protocol – Institutional-grade signal engine for macro + AI alpha convergence.
#VolanX #JPYUSD #SmartMoney #FXTrading #LiquiditySweep #VolatilityHedge #MacroTrades #ForexAnalysis #TradingView #WaverVanir
USDJPYUSDJPY Update 🚨
Entered long at 146.370, price is now at 146.895 — currently up +52.5 pips ✅
🧠 Trade idea was based on:
• Clean tap into higher timeframe demand zone
• Strong rejection and bullish engulfing on the 1H
• Solid R:R setup with a clear upside target (149 area)
📌 SL was safely below 146.00
📌 Holding partials now or trailing stops to lock in profits
Let me know if you caught this move too 🔥
Patience + precision = results 💯