GOLD - SHORT TO $2,800 (UPDATE)Gold once again last night came back to test our resistance zone, after huge bullish momentum all yesterday. But again we saw a bearish rejection from our ‘supply zone’, pushing price back down 300 PIPS.
Being extremely careful here, as Gold is currently at a make or break sort of area.
USDJPY
GBP/USD : Get Ready for Another Fall!By analyzing the GBP/USD chart on the 4-hour timeframe, we can see that after reaching 1.36800—filling the targeted FVG as expected—the price faced selling pressure once again and has since dropped to around 1.35690.
The first target at 1.35630 is now within reach. After collecting liquidity below this level and a possible short-term bounce, we can expect another bearish continuation on GBPUSD.
Key supply zones to watch are 1.36180–1.36465 and 1.36940.
Key demand zones are located at 1.35630, 1.35100, and 1.34880.
THE MAIN ANALYSIS :
Yen Falls After Trump's 25% Tariff on JapanThe Japanese yen weakened beyond 146 per dollar on Tuesday, hitting a two-week low after President Trump confirmed a 25% tariff on Japanese imports starting August 1, lower than the earlier 35% threat but still above the standard 10%. Japan’s Prime Minister Ishiba pledged to keep negotiating for a favorable outcome. Although Japan’s May current account surplus came in stronger than expected, disappointing wage growth limited hopes for further Bank of Japan rate hikes, adding pressure on the yen.
Key resistance is at 146.20; major support at 144.85.
USDJPY Structural Analysis : Breakout Demand Play + Target🗺️ Market Structure & Key Technical Zones
On the USDJPY 4-hour timeframe, the market is clearly respecting smart money levels and giving us an ideal case study of institutional demand, trend continuation, and liquidity engineering.
🔰 1. Major Support Zone (142.500 – 143.200):
This zone acted as a high-value area where price consolidated previously before rallying. It has been tested multiple times and each touch has led to a strong bullish reaction, indicating accumulation by large players.
Think of this zone as the market’s base camp — when price visits it, big money steps in to reload longs.
🔰 2. Channel Formation & Breakout:
A clean bullish channel formed mid-June, with price respecting both bounds while gradually climbing. Once the channel was broken with strong volume (noted by the breakout candle), it suggested a shift from controlled bullish flow to an impulsive move — a change in pace that often indicates smart money is active.
🧱 Institutional Concepts in Action
🔵 QFL (Quick Flip Level):
This area marks a prior consolidation or sideways action that gets aggressively broken. In this chart, price dipped to a QFL zone then sharply reversed — suggesting a trap for early shorts and a liquidity grab before moving up. A classic “manipulation → accumulation → expansion” sequence.
🟦 Breaker Demand (BR Demand):
This is where previous resistance has flipped into new support. Breaker blocks are extremely important in identifying where institutions may re-enter positions. Price respected this area before continuing higher — confirming bullish control.
Price tapped into this BR demand, showed low-wick rejections, and moved strongly, signaling confidence from large orders.
📊 Volume Burst Zone (~147.2–147.7):
This zone has historically seen high volume and sudden price acceleration. Price is re-approaching it now. This is where a lot of pending orders and take-profits are likely clustered — expect strong reactions here.
📈 Current Price Action
Price is climbing along a clean bullish trendline, reinforcing current momentum.
Price has broken previous structure highs and is now making higher highs and higher lows — a textbook bullish trend.
Buyers are in control as long as the price continues to respect:
The bullish trendline
The BR demand zone (~145.5)
🔮 Projection & Potential Scenarios
🟢 Bullish Continuation Case:
If current momentum holds, the price is likely to push toward the Next Reversal Zone (148.500–149.000).
This zone aligns with multiple confluences:
Fibonacci extension targets
Previous high liquidity trap zone
Potential institutional profit-taking level
Expect this zone to cause a reversal or deep pullback.
🔴 Bearish Breakdown Case:
If price breaks below the BR Demand Zone and closes under the trendline, expect a drop back toward the Central Zone (~144.8–145.0), or even deeper into the Major Support Zone.
This would shift market structure back to neutral or bearish depending on volume and rejection patterns.
📌 Summary:
✅ Bias: Bullish
🎯 Short-Term Target: 147.5 (volume burst area)
🧱 Key Support: 145.50 (breaker demand)
❗ Trendline Break = Red Flag
🏁 Final Reversal Zone: 148.500–149.000
💬 Final Thoughts
This chart is a brilliant example of smart money accumulation and market engineering. USDJPY continues to respect well-defined zones, presenting high-probability opportunities for traders who understand structure and patience.
This setup is NOT about chasing price — it's about following the footprints of volume, breakout structure, and institutional intent. Stick to the plan and manage risk around key invalidation zones.
DeGRAM | USDJPY formed the triangle📊 Technical Analysis
● Price defended the 142.80 confluence (triangle base + channel median), printing a bullish hammer and reclaiming the short-term trendline; structure now forms an ascending triangle inside the broader consolidation.
● Momentum is rising toward 146.50 – the pattern’s 1:1 swing and prior supply – with the next objective the upper triangle wall at 148.10. Invalid if candles fall back under 142.80.
💡 Fundamental Analysis
● Rebound in US ISM manufacturing and Fed minutes hinting “no near-term cuts” lifted 2-yr yields, while weak Japanese wage growth keeps the BoJ patient. The widening policy gap revives USD/JPY bid.
✨ Summary
Long 143.4-144.1; targets 146.5 then 148.1. Exit on a 4 h close below 142.8.
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USDJPY h4 strongly downBearish Expectation Disruption / Bullish Counterpoint
Resistance (147.5) Rejection and drop Breakout and continuation toward 148.5+
Breakout FVG Fakeout and reversal True breakout — bullish trend continues
Bullish Zone (~144) Clean break below Accumulation zone, strong buying interest may emerge
Target (~143) Next leg down May not be reached if price stabilizes above 145
Support (~142.5) Final drop destination Could become irrelevant if trend flips decisively bullish Original Assumption: Market is behaving in isolation from fundamentals.
Disruption: If U.S. data (e.g., strong NFP, CPI, or Fed commentary) supports rate hikes, USD/JPY may remain bid and breakout to 148+ instead of reversing.
Watch For: Strong dollar narrative or dovish BOJ language.
Fundamental Market Analysis for July 8, 2025 USDJPYThe yen remains under pressure from trade frictions. President Donald Trump has confirmed 25 percent tariffs on Japanese goods effective 1 August, fuelling U.S.-inflation expectations and reducing the odds of a near-term Fed rate cut. Ten-year Treasury yields have climbed above 4.45 percent, while the spread over equivalent JGBs hovers near 380 basis points—supportive for the dollar.
Japan’s domestic backdrop offers little relief. Nominal wage growth has slowed for a third straight month, and real household incomes have posted their deepest decline in twenty months. The weak earnings momentum complicates the Bank of Japan’s exit strategy and keeps ultra-loose policy firmly in place, encouraging further capital outflows from the yen.
Against this backdrop, USD/JPY is consolidating above its 100-day moving average around 146.40–146.50. Absent a sudden flight to safe-haven assets, the pair could break 147.00 in the coming sessions, while the 145.950–146.000 zone is widely viewed as an attractive area to add to long positions.
Trading recommendation: BUY 146.250, SL 145.950, TP 147.000
Bearish reversal?USD/JPY is reacting off the pivot and could drop to the 1st support which has been identified as a pullback support.
Pivot: 146.18
1st Support: 145.01
1st Resistance: 147.62
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USDJPY Pre-Breakout Setup – Eyes on 145.310 for Bullish EntryThe recent structure on USDJPY (4H chart) shows a bullish shift supported by a strong double bottom formation within a defined demand zone. After a clean impulse from the bottom, price is now consolidating below the key resistance.
🔹 Trade Idea:
I am patiently waiting for the price to break and close above 145.310 to confirm bullish continuation. Entry is valid only above this level to avoid false breakouts.
🔹 Technical Highlights:
- Price rebounded from a strong demand zone with a double bottom.
- A new bullish leg formed, approaching the 0.786 Fibonacci retracement level.
- A clear impulse-correction structure signals potential for further upside if resistance is broken.
🔹 Trade Plan:
- Buy Above: 145.310 (confirmation breakout)
- Stop Loss: 144.40 (below structure and 0.382 Fib)
- Target: 146.900 (aligned with 1.618–2.0 Fibonacci extension)
⚠️ Note: No trade if price fails to break and hold above the entry trigger. Patience is key.
USDJPY H4 I Bullish Bounce Off Based on the H4 chart analysis, the price is falling toward our buy entry level at 145.21, a pullback support.
Our take profit is set at 146.70, aligning with the 100% Fibo projection.
The stop loss is placed at 144.01, a pullback support.
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Bearish reversal?USD/JPY is rising towards the resistance level which lines up with 100% Fibonacci projection and also slightly below the 78.6% Fibonacci retracement and could reverse from this level too ur take profit.
Entry: 146.68
Why we like it:
There is a resistance level that lines up with the 100% Fibonacci projection and also slightly below the 78.6% Fibonacci retracement.
Stop loss: 147.95
Why we like it:
There is a swing high resistance.
Take profit: 145.21
Why we like it:
There is a pullback support level.
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USDJPY Price Accumulated|Time For Bullish Distribution|Setupsfx|The price has accumulated nicely and is now distributing. We have three targets in mind, but set your own based on your analysis. Our approach is purely technical, but also includes a basic fundamental approach. This analysis concludes over 1500 pips and is a swing move. Please use this analysis as educational purposes only, as it does not guarantee that price will move exactly as predicted.
If you like our idea, please consider liking and commenting on it.
Good luck and trade safely!
Team Setupsfx_
Japan Seeks US Deal as Tariff Deadline NearsThe yen hovered around 145 per dollar Friday after a nearly 1% drop in the previous session, pressured by trade uncertainties as Tokyo seeks a deal with Washington before next week’s deadline. Trump may announce new tariffs or extend deadlines today, having previously threatened tariffs up to 35% on Japanese goods over low US rice and car imports.
The yen also weakened as a stronger US dollar followed a better June jobs report, easing recession fears and reducing near-term Fed cut chances. In Japan, May household spending grew more than forecast, supported by government efforts to increase demand.
The key resistance is at $145.35, meanwhile the major support is located at $143.55.
USDJPY1. Inverted Head and Shoulders Pattern
This is a classic bullish reversal pattern.
You've marked the left shoulder, head, and right shoulder, and the neckline is broken to the upside.
Breakout confirms trend reversal from bearish to bullish.
2. Break of Trendline
A long-term bearish trendline was clearly broken.
Price broke above it with momentum, showing bullish strength.
3. Fib Confluence
Entry area is around the 61.8%–78.6% Fibonacci retracement zone.
Combined with support zone = high-probability reversal area.
4. Change of Character (CHoCH)
CHoCH confirms that the market has shifted structure from lower highs/lows to potential higher highs/lows.
You can see the higher low (HL) forming already.
5. Strong Bullish Candles
The breakout move is supported by strong bullish candles, showing buying pressure.
We're entering on a confirmed bullish reversal – Inverted Head & Shoulders breakout, trendline breach, and bullish market structure shift. Fib zone confluence seals the setup. Buy-side pressure is in control.
USDJPY Is Bullish! Buy!
Take a look at our analysis for USDJPY.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 143.869.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 144.699 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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USDJPY Is Very Bullish! Buy!
Here is our detailed technical review for USDJPY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 144.493.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 148.651 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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GOLD - SHORT TO $2,800 (UPDATE)Gold closing the week below our 'premium resistance zone', running roughly 170 PIPS in profit. Hope you all are in sells & running in profit like my Gold Fund investors as this was called live for you.
Don't forget we could also have a possible liquidity zone sitting just above $3,400 like I told you all earlier this week. Just something to be careful of & stay prepared in advance.
USD/JPY loses bulk of NFP-related gainsThe USD/JPY has given back a bulk of yesterday's NFP-driven gains. Although the data was not as strong as the headlines suggested, the fact that we saw decent moves in bond and equity markets suggests investors were overall impressed by the figures. So it seems the market is preparing itself for some more tariff-related volatility as we approach the 9 July deadline, when 'Liberation Day' tariffs will revert. Trump has suggested letters are being sent out to trading partners over the next few days, informing them of their new tariff rate. If you recall, during the worst of April's volatility, the likes of the franc, euro and yen were all outperforming. Could we see a similar pattern this time?
Well, looking at the USD/JPY, traders have certainly sold into yesterday's rally. But we need a more decisive breakdown of support between 140.00-140.25 now to trigger some long side liquidation. Below this area, key support comes in around 142.50. Resistance comes in at 145.00, followed by 146.00.
By Fawad Razaqzada, market analyst with FOREX.com
USDJPY 4-Hour Technical Analysis (Smart Money Concept Breakdown)📈 Overall Market Structure Overview:
The chart reflects a multi-phase Smart Money playbook, consisting of:
Bullish channel structure
Breakout followed by liquidity sweep
Supply zone flip to demand
Price mitigation and structure shift
Anticipated reaction zone for upcoming move
🔎 Phase-by-Phase Analysis:
🧱 1. Ascending Channel Formation
Price was moving upward in a controlled bullish ascending channel, suggesting institutional accumulation with planned distribution above highs.
The channel breakout was the first significant liquidity event, where early breakout traders were baited.
💧 2. Fakeout and Supply Interchange into Demand (Ellipse Zone)
Once the channel broke, price sharply reversed, retracing into a previous supply zone.
However, institutions defended this zone, flipping it into a demand area.
This behavior, marked with the blue ellipse, signals “Supply Interchange in Demand” – a core SMC concept.
Here, orders were absorbed
Liquidity was trapped below
A bullish push confirmed institutional intent
🎯 3. Previous Target Hit – Completion of Bullish Leg
Price made a strong rally from the demand zone, hitting the previous target near 147–148 zone.
This bullish leg created a Major Break of Structure (BOS) confirming bullish dominance at that phase.
⚠️ 4. Distribution Begins: Shift in Momentum
After reaching the Major BOS area, price failed to hold higher levels.
A decline followed, indicating distribution by smart money.
The reaction was sharp and consistent, creating lower highs, signaling weakness.
🔄 5. Minor CHoCH Formation – Early Reversal Signal
A Minor Change of Character (CHoCH) occurred around the 144.000–143.000 area.
This is a key transition, where smart money transitions from bullish intent to potential bearish delivery.
📦 6. Next Target Zone – Bullish POI (Point of Interest)
The chart identifies a next target demand zone around 141.800–141.200, marked in green.
This zone:
Holds unmitigated demand
Sits below a recent liquidity pool
Aligns with past support
This is where Smart Money could re-enter, offering a long opportunity if a bullish CHoCH or BOS forms from that zone.
📊 Trade Scenarios & Forecast:
🔻 Bearish Short-Term Play (Sell Setup):
If price respects current resistance (144.500–145), and a lower high forms:
Short entry opportunity
Target: 142.000–141.200 demand zone
Confirmation: Strong bearish candle, CHoCH below minor support
🔺 Bullish Reversal Play (Buy Setup):
At the demand zone:
Look for bullish reaction + CHoCH or BOS
Long entry potential
Target: Retest of 144.000 or even 147.000 if liquidity allows
🔐 Smart Money Tactics in Play:
Liquidity Engineering:
Price trapped both bulls (at highs) and bears (below ellipse zone)
Supply into Demand Flip:
A classic trap where supply becomes a launchpad for bullish delivery
Minor CHoCH:
Early signal of intent change
Next POI (Point of Interest):
Potential reaccumulation zone below major liquidity grab
🧠 Educational Takeaway:
This analysis illustrates:
Why breakouts are often traps without confirmation
How to identify real institutional zones
The role of CHoCH/BOS in planning ahead
Importance of waiting for price to come to your levels, not chasing
⚠️ Risk & Caution:
News catalysts can cause deviation from technical levels
Always use stop loss and proper risk management
SMC is about patience and precision, not prediction
✅ Summary:
USDJPY is showing early signs of a smart money distribution and a potential pullback toward demand.
Watch closely for confirmation at the key zone (141.800–141.200) before engaging long. Until then, short setups on rallies may be favorable.