USD/JPY Bullish Reversal Trade Setup – Key Support Test at 145.2Entry Point: 145.273 (highlighted in blue)
Stop Loss: ~144.817–145.260 (purple zone)
Target Point (TP): 148.133 (upper resistance zone)
📉 Recent Price Action:
Price peaked near 148.05 before reversing sharply and breaking the trendline.
The market is currently testing the support zone (near the 145.273 entry level).
Moving averages (red = short-term, blue = long-term) show a crossover to the downside, suggesting short-term bearish momentum.
📈 Trade Setup:
Strategy Type: Long (Buy) Setup
Risk/Reward: Favorable, approximately 1:2+
Entry Zone: The current price is close to the entry level at 145.273, making this a timely area to watch for a bounce or confirmation.
⚠️ Risk Factors:
If price breaks below 144.817, the setup becomes invalid.
Short-term momentum is still bearish; confirmation (like a bullish engulfing candle or support hold) is important before entering.
✅ Confirmation Triggers for Entry:
Strong bullish candlestick pattern near entry zone.
RSI or MACD bullish divergence (not shown but useful to check).
Volume spike on bounce from support.
Usdjpylong
USD/JPY Long Trade Setup – Key Support Rebound Targeting 148.674Entry Point:
Price: 143.373
The chart suggests initiating a long (buy) position at this level, which is just slightly below the current market price.
Stop Loss:
Price: 141.707
Positioned below a strong support zone. This level protects the trade from excessive downside risk if the price breaks down.
Target Point:
Price: 148.674
The target is clearly defined, indicating a potential gain of approximately 5.991 points, or 4.20% from the entry.
🟪 Support/Resistance Zones
The purple boxes indicate demand (support) and supply (resistance) zones.
The lower zone (entry/stop area) shows a historically significant support range that has been tested multiple times (indicated with orange circles).
The upper purple zone marks the take-profit area, which coincides with previous resistance.
📊 Moving Averages
Blue Line: 200 EMA (Exponential Moving Average) – acting as dynamic resistance.
Red Line: 50 EMA – price is currently trading below it, indicating bearish short-term pressure but potential for reversal.
🧠 Trade Idea Summary
Bias: Bullish (long position)
Risk-Reward Ratio: Favorable
Risk: ~1.67 points (from 143.373 to 141.707)
Reward: ~5.3 points (from 143.373 to 148.674)
Approx. R:R = 1:3.17
Validation: The setup relies on the price holding the key support zone and bouncing higher, targeting the next major resistance.
⚠️ Considerations
Monitor for bullish candlestick patterns near the entry zone.
Keep an eye on macroeconomic news (like BoJ or Fed updates) that could cause volatility in USD/JPY.
Confirm momentum shift with RSI or MACD if using indicators.
USD/JPY Breaks Higher – Bullish Momentum Targets 148.40FX:USDJPY CMCMARKETS:USDJPY USD/JPY continues to climb, extending gains above the key 146.00 breakout level, supported by Fed–BoJ policy divergence and rising geopolitical tensions. Despite Japan’s strong CPI and PMI prints, the BoJ maintains a dovish tone, while tariff concerns continue to cap yen sentiment. The Middle East conflict further fuels demand for the USD as a safe haven.
Technically, the pair confirmed a bullish breakout, with price hugging the upper Bollinger Band – a sign of sustained upside pressure. As long as 146.00 holds, bulls may aim for the 148.40 monthly resistance.
Key Levels :
Resistance : 146.75 / 148.40
Support : 146.00 / 145.25
⚠️ Momentum favours the upside while above 146.00. Break below may trigger short-term pullback toward 145.25.
Long - the final move up before moving to the downsideMy macro bias for USDJPY is bearish. However, I opened a long position today.
Reasons for a long trade:
Weekly chart:
1) Both MACD and RSI are in the bear territory, however, both MACD and RSI lines are starting to cross and move to the upside.
2) The price has been moving sideways for weeks, however, weekly candle has been forming higher low since late April (subtle move).
3) There is a major support line at 140.50 area and weekly EMA200 is also sitting right below it.
Although the price has been moving to the downside, it will require strong momentum to pierce through the major support zone that has been holding since July 2023.
Daily chart:
1) EMA9 > EMA14 > EMA 21 - bullish trend
2) Yesterday's daily candle retested EMA 9/14/21 and closed above all of them.
3) MACD has entered the bull zone.
4) RSI has entered the bull zone.
5) There is an unmitigated fair value gap in the Fib 0.618-0.786 area. (see blue rectangular box in the chart).
As I said above, it will take strong momentum for the price to break below the major support line. It makes sense for the price to retrace to the unmitigated fair value gap area to take out all the liquidity to fuel the momentum to the downside.
My trade setup is below:
Entry: 145 Stop/Loss: 144.25 (just under yesterday's candle wick)Target: 147.12
Risk:Rewards 1:1.78
buy is coming on USDJPYThe USD/JPY pair recently experienced a bearish movement, which is largely influenced by heightened concerns surrounding the ongoing trade and tariff tensions between the U.S. and its global counterparts. This risk-off sentiment triggered a flight to safe-haven assets, weighing on the pair.
However, price action has now approached a key trendline support zone, which has held firmly in previous sessions. Technical indicators like RSI are also beginning to show signs of bullish divergence, suggesting a potential reversal. If this trendline continues to act as strong support, we may see a bullish bounce from the current level, aligning with the overall ascending trend structure but if the trade break these support zones, then the bearish movement might continues
for now we will be watching for confirmation signals such as bullish candlestick patterns or a break above near-term resistance levels to validate the upward movement.
USD/JPY 4-Hour Forex Chart (June 20, 2025)4-hour candlestick chart from FOREX.com displays the USD/JPY currency pair's performance, showing a current value of 145.328 with a slight decrease of 0.112 (-0.08%). The chart highlights a recent downward trend following a peak near 145.950, with a shaded area indicating a potential resistance zone around 145.500-145.950. The time frame spans from early June to the present date, with key levels marked at 145.000, 144.478, and higher resistance points.
USD/JPY 2-Hour Forex Chart2-hour candlestick chart from FOREX.com displays the exchange rate between the U.S. Dollar (USD) and the Japanese Yen (JPY). The current rate is 145.513, with a slight increase of +0.074 (+0.05%). The chart shows price movements over the past 2-hour period, with a notable upward trend followed by a recent decline, as highlighted by the shaded area indicating a potential resistance or reversal zone. Key levels such as 145.701 and 145.106 are marked, along with the current time of 04:00.
Bullish bounce?US Dollar Index (DXY) is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 98.48
1st Support: 97.62
1st Resistance: 99.47
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.
Current USD/JPY Trend Analysis and Trading RecommendationsOn Wednesday, the USD/JPY attracted buyers for the second consecutive day, trading near 145.20 in the early European session, close to a two-week high. Japan's May CGPI rose 3.2% YoY, the slowest pace since September last year, potentially easing BOJ rate hike pressure and weakening the JPY. Additionally, optimism over a framework agreement in U.S.-China trade talks dented the JPY's safe-haven appeal. Technically, the price holds above the 200-period SMA on the 4-hour chart and breaches the 145.00 psychological level, with oscillators tilting bullish. A valid break above 145.30 (Tuesday's high) would confirm the bullish setup, targeting the 146.00 integer mark and 146.25-146.30 resistance zone.
USDJPY
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tp:145.600-146.000
Skeptic | USD/JPY Analysis: Sharp Uptrend Triggers Ready!Hey, traders, it’s Skeptic! 😎 CMCMARKETS:USDJPY is gearing up for a sharp uptrend move, and if you sleep on it, you might miss it, jump in late, and get stopped out. So, let’s set our scenarios and triggers now to make quick, sharp decisions instead of lagging.
Daily Timeframe: The Big Picture
We were in a major bearish trend but now seem stuck in a triangle. The heavy bearish momentum and support zone at 142.232–142.604 —our key level—has held strong with reactions every time we hit it. But, the bearish moves are getting weaker , with shallower slopes and smaller, choppier candles, signaling fading momentum and a higher chance of a reversal. Still, we need a trigger to go long—without it, jumping in is risky. As a skeptical trader , I need solid reasoning for every move. That’s our vibe! :)))
Now, let’s hit the 4-Hour Timeframe for our triggers.
We’ve got a descending trendline , and breaking it upward could spark an uptrend. But here’s the deal: this isn’t a continuation pattern—a break means a trend reversal, so we need extra confirmation beyond just the break.
Our main long trigger is a break above resistance at 145.071 .
Stop loss? Place it below the trendline, previous support, or last low—depends on your strategy.I’m a breakout trader myself
( check my article for deets! ).
For confirmation, watch RSI hitting overbought—it backs the uptrend momentum and can push you to your R/R faster. 😊 I’ll drop an RSI tutorial soon , so stay tuned! If we lose the support zone ( 142.232–142.604 ), expect the bearish trend to continue, so focus on shorts then.
Final word: No FOMO . Wait for your triggers and confirmations. Our motto? No FOMO. No hype. Just reason :)
💬 Let’s Talk!
If this analysis helped you, smash that boost—it means a lot! 😊 Got a pair or setup you want me to hit next? Drop it in the comments. Thanks for chilling with me—keep trading smart! ✌️
Technical Analysis on JPY Price Action (as of June 9, 2025)📈 Technical Analysis on JPY Price Action (as of June 9, 2025)
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🗂️ Overview:
This chart illustrates the price movement of the Japanese Yen (JPY) with clearly defined support and resistance zones. The setup suggests a bullish bias in the short term, with potential for a breakout toward previous highs.
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🔍 Key Levels Identified:
🟥 Main Support Zone (141.80 – 142.80):
This is a strong demand zone.
Price bounced aggressively from this level in late May.
If broken, could trigger a major downside move 📉.
🟧 Support Zone (143.80 – 144.70):
Price is currently testing this zone.
Holding this area will be crucial for bullish continuation.
🟨 Resistance Zone (145.80 – 146.60):
This is the next target for bulls 🐂.
Historically acted as a supply zone, causing pullbacks.
🟫 ATH Resistance Zone (~147.80 – 148.50):
The All-Time High (ATH) resistance zone.
Strong rejection from here in the past; likely to act as a hard ceiling again 🚫.
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🔄 Price Action Forecast:
🕊️ If the current support holds, expect a bullish move toward the 146.00–146.50 resistance.
📈 A breakout above this resistance could initiate a move to the ATH zone (147.80+).
🚨 A breakdown below 143.80 could lead to retesting the main support near 142.00.
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📊 Technical Sentiment:
Bias: Bullish ✅
Trend: Recovering uptrend after forming a higher low.
Confirmation Needed: Break and retest of the 145.80–146.60 resistance for continuation.
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✅ Trading Tip:
Wait for either:
🔁 A retest and bounce from 144.00 for long entries 🎯.
❌ A rejection at resistance for potential short opportunities if price fails to break 146.60.
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📌 Conclusion:
The market shows bullish intent from support, but traders should watch the reaction near the resistance zone to confirm trend continuation. 📍Patience and confirmation are key.
The Japanese yen may face further downward pressure.The USD/JPY has trended higher in a volatile manner this week, rising 0.56% on a weekly basis and closing at 144.87 on Friday, marking the second consecutive week of gains. The Japanese yen, as a safe-haven currency, showed weakness this week, reflecting market concerns about Japan's economic outlook and the impact of Trump's tariff policies. The remarks of Kazuo Ueda (Governor of the Bank of Japan) reflected worries about the effects of the trade war. Market expectations indicate that the Bank of Japan is likely to maintain a dovish stance in the short term. If next week's GDP data is weak, the yen may face further downward pressure.
Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term.
USD/JPY - Triangle Breakout (06.06.2025)The USD/JPY pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Triangle 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 – 144.94
2nd Resistance – 145.52
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USDJPY Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Bullish bounce?US Dollar Index (DXY) has bounced off the pivot and could rise to the 1st resistance.
Pivot: 98.36
1st Support: 97.98
1st Resistance: 99.23
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.
Is the 144 level becoming a key battleground for positioning?The USD/JPY exchange rate has staged a mild rebound for the second consecutive day, though it remained capped below the 144.00 level during the European session. Despite short-term signs of stabilization, the pair remains broadly pressured by a dual combination of fundamental expectations and technical resistance. Persistently constrained by selling pressure above 144.00 and failing to achieve a volume-supported breakout, the exchange rate is expected to continue trading within a range-bound consolidation between 142.00 and 144.80. Focus remains on the multi-empty battles in the 143.40 and 142.30 zones.
Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term.
USDJPY I Trading Plan and Forecast Welcome back! Let me know your thoughts in the comments!
** USDJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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A rebound is inevitable. Execute!During the European session, the USD/JPY price trended lower overall, with prices gradually declining from higher levels, indicating that bearish forces remained dominant. The pair started its downward movement from near 144.049 and continued to move lower. Notably, the USD/JPY exchange rate faced resistance at the 146.00 psychological level and is currently moving toward the support zone at 142.35. If prices reach this area, buyers are expected to enter the market after setting clear risk parameters below the support level, preparing for a potential rebound toward the 148.00 resistance level. On the flip side, sellers will look for prices to break below this level to increase bearish bets, with a further downside target set at the 140.00 threshold.
Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term.
Trading Strategy:
[email protected]
TP:145.50-146.00
USD/JPY) bullish choch Analysis Read The ChaptianSMC trading point update
Technical analysis of USD/JPY presents a bullish outlook with Smart Money Concepts (SMC)-based logic. Here's a breakdown of the idea and key elements:
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Chart Summary
Current Market Context
Price: ~144.05
EMA 200: Acting as dynamic resistance at 144.19
Trendline: Broken, signaling a potential shift in market structure
Change of Character (ChoCh): Confirmed around 143.3, marking a bullish transition
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Key Zones Identified
1. Support Level (Strong Demand Zone)
Around 141.8–142.5
Marked by historical rejections
Possible mitigation of unfilled orders here
2. Fair Value Gap (FVG)
Between 143.0–143.8
Price may return to fill this imbalance before rising
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Projected Move
Price is expected to:
1. Dip into the FVG or Support Zone to mitigate imbalance
2. Reverse and make a bullish rally
3. Reach the target point near 148.68 (approx. +4.55%)
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RSI Analysis (14-period)
Current RSI: ~49 (neutral)
No overbought/oversold condition
Room for upside momentum
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Notable Features
Break of structure (ChoCh) → Bullish signal
EMA crossover potential → Bullish confluence
Multiple FVG fills + support reaction → Entry confirmation opportunities
Economic events marked → Be cautious of volatility spikes
Mr SMC Trading point
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Trading Idea Summary
Buy Entry Zone: 141.8–143.0 (support or FVG)
Stop Loss: Below 141.5
Target: 148.68
Risk/Reward: Favorable (approx. 1:3+)
Pales support boost 🚀 analysis follow)
USD/JPY) Bullish reversal analysis Read The ChaptianMr SMC Trading point update
Technical analysis for the USD/JPY (U.S. Dollar / Japanese Yen) on the 4-hour timeframe. Here's a detailed breakdown of the idea and strategy:
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Key Components of the Chart:
1. Strong Support Zone:
The yellow zone is labeled as a “big support level of pullback”, around the 142.00 – 141.20 range.
Price has historically bounced from this zone, suggesting demand and buyer interest.
2. Bullish Structure Setup:
Price is forming a double bottom or potential reversal pattern in the support zone.
A downtrend line is clearly marked, and a break above this trendline would signal bullish continuation.
3. EMA 200 (at 145.020):
The EMA is currently acting as dynamic resistance.
A breakout above the EMA would confirm further bullish momentum.
4. RSI Indicator:
RSI is currently below 30, indicating the market is oversold – a common precursor to a bullish reversal.
5. Target Levels:
Target 1: 145.803 – likely the first resistance level or EMA retest.
Target 2: 148.587 – a prior high and strong resistance area.
6. Projection:
Price is expected to bounce from support, break the trendline, retest, and then rally to higher levels.
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Trade Idea Summary:
Bias: Bullish
Entry Zone: Near 142.00 – 141.20 (support zone)
Confirmation: Break above the descending trendline + bullish RSI divergence
Targets:
TP1: 145.803
TP2: 148.587
Invalidation: Break and close below 141.00 (support zone broken)
Mr SMC Trading point
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Risk Management Suggestion:
Use a tight stop-loss below the support zone, considering it's the key reversal area. Also, keep an eye on fundamental factors such as U.S. and Japan interest rate decisions or key economic events (indicated by the icons on the chart).
Pales support boost 🚀 analysis follow)
Is a new round of decline impending?
The latest prices of USD/JPY are fluctuating around the range of 1.43922 to 1.44275, with an average price of 1.43917. The earlier pullback from higher levels indicates some downward pressure. On the upside, the pair may encounter resistance near the 144.20 level, with the next key resistance at around 144.50 and the first major resistance at 145.00. A close above the 145.00 level could lay the foundation for further gains.
Under the above scenario, the pair may even break through the 146.00 resistance level, with the next major target for bulls near the 147.80 resistance level.
Humans need to breathe, and perfect trading is like breathing—maintaining flexibility without needing to trade every market swing. The secret to profitable trading lies in implementing simple rules: repeating simple tasks consistently and enforcing them strictly over the long term.