USDJPY Daily TF - June 29th, 2025USDJPY Daily Neutral Idea
Monthly - Bullish
Weekly - Bearish
Daily - Bearish
I’m looking at the Daily time frame here as this is the only clear picture for price action in terms of trends. The 4hour looks like price action can’t make a decision so we will wait for price action to get closer to some major zones.
Bearish Continuation - Ideally, we want to see price action touch 147.500 again followed by convincing bearish rejection. Look to target lower toward major support levels if this happens.
Aside from this potential setup we don’t have much to look at here on UJ.
Jpy
AUDJPY 4hour TF - June 29th, 2025AUDJPY 4hour Neutral Idea
Monthly - Bullish
Weekly - Bearish
Dailly - Bearish
4hour - Ranging
AJ is currently sitting at a major daily resistance area around 94.500. We have to wait for price action to make a move and show some conviction before we can become confident in a setup.
Lucky us, price action is usually easy to follow when waiting for a break of a range. The way I see it, we have two great options.
Bullish Breakout - In the scenario where we see price action break above the 94.500 zone we will look for long setups. Ideally, we spot some clear higher lows above 94.500 with strong bullish conviction. Look to target higher resistance levels like 96.500.
Bearish Continuation - If we see this resistance level at 94.500 continue to hold we could see a daily bearish continuation happen. Look for strong bearish candles rejecting the current zone followed by clear lower highs. We’re targeting lower if that happens to around the 92.000 area.
USDJPY Potential DownsidesHey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 146.700 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 146.700 support and resistance area.
Trade safe, Joe.
SELL: USDJPY 144.75 Trade Recommendation – 1H Chart🎯 Trade Setup:
Sell Entry Zone: 144.75 – 144.78
Stop Loss (SL): 145.15
Take Profit (TP): 142.60
Risk:Reward Ratio (R:R): Approx. 1:4 → Excellent for swing or intraday setups
📊 Technical Analysis Breakdown:
1. Strong Resistance Zone – High Reversal Probability:
The 144.75–144.78 zone:
A clear historical resistance area with multiple rejections in the past
Converges with the SMA 89 (red line) → acts as a strong dynamic resistance
Price has consistently formed lower highs around this region → showing selling pressure is building
2. Volume Analysis – Distribution Signals:
Volume slightly increased as price approached the resistance but did not accompany a breakout
No “breakout volume” → Indicates possible distribution phase, not accumulation → Favoring SELL positions
3. Price Action & Pattern:
The structure is forming lower highs – a key sign of bearish momentum
After the sharp rejection from the 145.22 zone (June 26), the market has shifted toward a bearish correction cycle
4. Target Area – Key Support:
142.60 is a well-defined support level:
Matches a previous major low
Corresponds with a high-liquidity zone from prior trading sessions
Ideal area to take profit before any potential bounce
⚠️ Risk Management Notes:
Trade confirmation increases if you see bearish candlestick signals (e.g., bearish engulfing, pin bar) in the entry zone
Exit immediately if price breaks and closes above 145.15 with strong volume – that invalidates the bearish setup
Bearish drop?USD/JPY is reacting off te pivot and could drop t the 1st support.
Pivot: 144.67
1st Support: 143.07
1st Resistance: 145.89
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.
Can PCE data rescue the dollar? JPY, EUR, GBP setup in playThe latest U.S. PCE report is set for release at 8:30am EDT, with both headline and core inflation expected at 0.1% month-on-month.
As the Fed’s preferred inflation measure, today’s figures could influence interest rate expectations. A stronger print may reduce the case for a July rate cut, while a softer result could add pressure on the U.S. dollar.
The dollar has already weakened this week amid speculation over central bank independence (trump is reportedly considering nominating Fed chair Jerome Powell’s successor earlier than normal in order to undermine the current chair).
Pairs to watch include, EUR/USD, GBP/USD, USD/JPY with symmetrical triangle formations suggesting breakout potential in either direction for all once the data hits.
NZDJPY to continue in the upward move?NZDJPY - 24h expiry
The primary trend remains bullish.
The selloff has posted an exhaustion count on the intraday chart.
Preferred trade is to buy on dips.
Risk/Reward would be poor to call a buy from current levels.
Bespoke support is located at 87.30.
We look to Buy at 87.30 (stop at 87.10)
Our profit targets will be 88.00 and 88.20
Resistance: 87.80 / 88.00 / 88.20
Support: 87.20 / 87.00 / 86.80
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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Bearish drop off pullback resistance?USD/JPY is rising towards the resistance level which is a pullback resistance that lines up with the 23.6% Fibonacci retracement and could drop from this level to our take profit.
Entry: 144.61
Why we like it:
There is a pullback resistance level that aligns with the 23.6% Fibonacci retracement.
Stop loss: 146.11
Why we like it:
There is a pullback resistance level that aligns with the 50% Fibonacci retracement.
Take profit: 142.70
Why we like it:
There is a pullback support level that aligns with the 100% Fibonacci projection.
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CHFJPY: Massive bullish breakout taking place.CHFJPY is highly overbought on its 1D technical outlook (RSI = 77.325, MACD = 1.496, ADX = 39.317), having crossed above its 1 year High (R1), staging a bullish breakout much like April 28th 2023. This is a direct outcome of the 1D Golden Cross, following also 1 year of accumulation. A 1W closing over the R1 validates a bullish extension to the 2.0 Fibonacci (TP = 194.000).
See how our prior idea has worked out:
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Bullish bounce?NZD/JPY is falling towards the support level which is a pullback support that lines up with the 23.6% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 87.562
Why we like it:
There is a pullback support level that aligns with the 23.6% Fibonacci retracement.
Stop loss: 87.34
Why we like it:
There is a pullback support that aligns with the 50% Fibonacci retracement.
Take profit: 87.98
Why we like it:
There is a pullback resistance level that lines up with the 145% Fibonacci extension.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
GBP/JPY Bullish Flag (25.06.2025) The GBP/JPY pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Bullish Flag Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 198.46
2nd Resistance – 199.00
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Downtrend Slowing – Recovery Opportunity After Correction?USD/JPY: Downtrend Slowing – Recovery Opportunity After Correction?
Hello TradingView community!
Today, let's focus on analyzing the USD/JPY pair, which is showing interesting developments after its recent correction.
🌍 Macro Overview: USD/JPY Under Current Pressures
The market is observing shifts in the dynamics of the USD/JPY pair:
UOB Group's 24-Hour View: The USD experienced a sharp decline from 148.02 on Monday to 144.49, despite being "oversold". This indicates a slowing in the downtrend, though caution remains.
Retest Expected: According to UOB Group, there's a likelihood of USD/JPY retesting the 144.50 level before a more sustained recovery can be expected.
Downside Limited: A drop below 144.50 cannot be ruled out, but based on current momentum, any further weakness is unlikely to reach 144.00.
Resistance Levels: On the upside, resistance levels are noted at 145.20 and 145.55.
Overall, USD/JPY is in a phase of seeking equilibrium after a significant decline.
📊 Technical Analysis & USD/JPY Trading Plan
Based on the USD/JPY chart (H4/M30) you provided:
Overall Trend: The pair has undergone a relatively deep corrective decline after reaching a local peak, but appears to be seeking a strong support zone.
Key Price Levels:
Crucial Resistance (SELL Zone): Clearly at 144.894 - 145.178. This is an confluence area of Fibonacci levels and local highs where selling pressure could emerge strongly.
Important Support (Potential BUY Zone): Around 143.800 - 143.500. This represents a potential bottoming area where demand might be strong enough to push the price higher.
Projected Price Action: After the sharp decline, USD/JPY might retest the 144.50 area. If it holds above key support levels, an upward move towards resistance zones is plausible, as indicated by the arrows on the chart.
🎯 USD/JPY Trading Plan:
BUY ZONE: 143.800 - 143.500
SL: 143.400
TP: 144.000 - 144.200 - 144.500 - 144.800 - 145.000 - 145.200 - 145.500
SELL ZONE: 144.894 - 145.178
SL: 145.300
TP: 144.700 - 144.500 - 144.200 - 144.000 - 143.800 - 143.500
⚠️ Key Factors to Monitor:
US and Japanese Economic Data: Upcoming reports on inflation and employment from both nations could significantly impact Fed and BoJ policy expectations.
BoJ Policy Decisions: Any shifts in the Bank of Japan's stance will create strong volatility for the JPY.
Global Risk Sentiment: Changes in overall market sentiment can also affect JPY crosses.
Trade smart and stay informed! Wishing everyone a successful USD/JPY trading day!
Bullish bounce?USD/JPY is falling towards the pivot which is an overlap support and could bounce to the 1st resistance that lines up with the 23.6% Fibonacci retracement.
Pivot: 144.35
1st Support: 143.09
1st Resistance: 145.29
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.
GBP/JPY Triangle Breakout (25.06.2025)The GBP/JPY Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Triangle Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 195.96
2nd Support – 195.37
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AUD/JPY at Risk of Breakdown as Bullish Momentum FadesAUD/JPY failed to follow through on a bullish breakout above 94.00, despite initial signs of strength from a bullish hammer and inverted H&S pattern. The pair has since printed a bearish engulfing candle on the daily chart to take prices near the lows of its range of the past week.
With the 1-hour RSI (2) hitting oversold levels, a minor bounce is possible, but risks remain skewed to the downside. A break beneath 93.70 would confirm a range breakdown and open the door to a deeper pullback towards the high-volume node (HVN) at 93.85.
Matt Simpson, Market Analyst at City Index and Forex.com.
Potential bearish drop?USD/JPY is reacted off the support level which is an overlap support and could drop from this level to our tak eprofit.
Entry: 144.96
Why we like it:
There is an overlap support level.
Stop loss: 146.11
Why we like it:
There is a pullback resistance level.
Take profit: 142.70
Why we like it:
There is a pullback support level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
NZD/JPY - Triangle Breakout (23.06.2025)The NZD/JPY Pair on the H1 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Triangle Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 86.35
2nd Support – 86.00
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🎁 Leave a comment to support for My Post !
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Thank you.
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Falling towards pullback support?USD/JPY is falling towards the support level which is a pullback support that is slightly below the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 145.11
Why we like it:
There is a pullback support level that is slightly below the 50% Fibonacci retracement.
Stop loss: 143.85
Why we like it:
There is a pullback support level that lines up with the 78.6% Fibonacci retracement.
Take profit: 147.58
Why we like it:
There is a pullback resistance level.
njoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
EURJPY - Over-Bought Big Time!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈EURJPY has been overall bullish trading within the rising channel marked in blue. However, it is currently retesting the upper bound of the channel.
Moreover, the green zone is a major weekly supply.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper blue trendline and weekly supply.
📚 As per my trading style:
As #EURJPY approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Potential bullish rise?USD/JPY has reacted off the pivot which is a pullback support and could rise to the 1st resistance which is a pullback resistance.
Pivot: 145.00
1st Support: 142.59
1st Resistance: 148.57
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.