SMC Trading point update
Technical analysis of USD/JPY on the 4-hour timeframe, signaling a potential rally toward the 149.191–149.202 resistance zone. Here's the full breakdown
---
Technical Analysis – USD/JPY (4H)
1. Fair Value Gap (FVG) Support
Price recently filled a Fair Value Gap (FVG) level (yellow box) and is now pulling back toward it.
The FVG zone is expected to act as a support and potential entry point for buyers (marked by the green upward arrow).
2. Uptrend Structure
Price is moving within an ascending trendline, suggesting bullish market structure.
The current retracement is seen as a higher low setup, aligning with bullish continuation logic.
3. 200 EMA as Support
The 200 EMA at 146.198 is providing dynamic support.
Confluence between the EMA, FVG, and ascending trendline strengthens the bullish bias.
4. Resistance Target Zone
The projected target zone is between 149.191–149.202, which aligns with a previous high and key resistance level.
This zone is highlighted as the final take-profit area.
5. RSI Momentum
RSI is at 57.11, showing positive momentum but not yet overbought — which supports further upside.
RSI remains above 50, maintaining bullish momentum.
Mr SMC Trading point
---
Summary
Bias: Bullish
Current Price: 147.653
Support Zone (FVG): 146.20–146.92 (approx)
Trendline Support: Uptrend line intact
200 EMA: Acting as dynamic support (146.198)
Resistance Target: 149.191–149.202
RSI: 57.11 – healthy bullish momentum
plesse support boost 🚀 this analysis)
Technical analysis of USD/JPY on the 4-hour timeframe, signaling a potential rally toward the 149.191–149.202 resistance zone. Here's the full breakdown
---
Technical Analysis – USD/JPY (4H)
1. Fair Value Gap (FVG) Support
Price recently filled a Fair Value Gap (FVG) level (yellow box) and is now pulling back toward it.
The FVG zone is expected to act as a support and potential entry point for buyers (marked by the green upward arrow).
2. Uptrend Structure
Price is moving within an ascending trendline, suggesting bullish market structure.
The current retracement is seen as a higher low setup, aligning with bullish continuation logic.
3. 200 EMA as Support
The 200 EMA at 146.198 is providing dynamic support.
Confluence between the EMA, FVG, and ascending trendline strengthens the bullish bias.
4. Resistance Target Zone
The projected target zone is between 149.191–149.202, which aligns with a previous high and key resistance level.
This zone is highlighted as the final take-profit area.
5. RSI Momentum
RSI is at 57.11, showing positive momentum but not yet overbought — which supports further upside.
RSI remains above 50, maintaining bullish momentum.
Mr SMC Trading point
---
Summary
Bias: Bullish
Current Price: 147.653
Support Zone (FVG): 146.20–146.92 (approx)
Trendline Support: Uptrend line intact
200 EMA: Acting as dynamic support (146.198)
Resistance Target: 149.191–149.202
RSI: 57.11 – healthy bullish momentum
plesse support boost 🚀 this analysis)
(Services:✔️ JOIN Telegram channel
t.me/SMCTrading_point
Gold trading signals 🚀 99%
t.me/SMCTrading_point
Join my recommended broker , link 👇
World best broker exness ✅D
one.exnesstrack.org/a/l1t1rf3p6v
t.me/SMCTrading_point
Gold trading signals 🚀 99%
t.me/SMCTrading_point
Join my recommended broker , link 👇
World best broker exness ✅D
one.exnesstrack.org/a/l1t1rf3p6v
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
(Services:✔️ JOIN Telegram channel
t.me/SMCTrading_point
Gold trading signals 🚀 99%
t.me/SMCTrading_point
Join my recommended broker , link 👇
World best broker exness ✅D
one.exnesstrack.org/a/l1t1rf3p6v
t.me/SMCTrading_point
Gold trading signals 🚀 99%
t.me/SMCTrading_point
Join my recommended broker , link 👇
World best broker exness ✅D
one.exnesstrack.org/a/l1t1rf3p6v
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.