USDJPY InsightHello to all our subscribers!
Please feel free to share your personal opinions in the comments. Don’t forget to hit the boost and subscribe buttons!
Key Points
- There were speculations that the Liberal Democratic Party’s election defeat in Japan could lead to Prime Minister Ishiba’s resignation. However, Ishiba announced that he will remain in office, easing concerns and reducing political risk.
- U.S. Treasury Secretary Scott Bessent stated that negotiations are progressing swiftly but emphasized there is no rush to reach a deal. Meanwhile, U.S. Commerce Secretary Howard Lutnick commented that reciprocal tariffs will proceed as scheduled, although negotiations can still continue.
- With the FOMC meeting scheduled for July 31, attention is focused on Fed Chair Powell’s speech on July 22, which is expected to provide clues about the future path of monetary policy.
Key Economic Events This Week
+ July 22: Fed Chair Powell’s speech
+ July 24: ECB interest rate decision
USDJPY Chart Analysis
After breaking above the 148 level and extending gains to the 149 level, the pair quickly reversed and pulled back to the 147 level. Currently, a further decline toward the 146 level appears likely, with strong support expected there. If confirmed, a rebound toward the 151 level is highly probable. However, if price action deviates from expectations, we will promptly revise our strategy.
JPYUSD trade ideas
USDJPY - Bullish Bias, In OB ZonePair: USDJPY (UJ)
Bias: Bullish
HTF Overview: Bullish structure remains intact — price currently pushing upward, respecting higher timeframe flow.
Current Zone: Price is now sitting within the 30M OB, showing potential strength but no LTF confirmation yet.
LTF Confirmation: Still in analysis mode — sitting on hands, waiting for clean reaction on 5M or 1M before considering entries.
Entry Zone: 30M OB being monitored closely — ideal setup would include inducement and clear shift before entry.
Targets: Next 1H high remains the first target — extended targets to be trailed if momentum builds.
Mindset Note: Analysis first, execution second. Discipline is the edge — no rush until LTF gives the green light.
Bless Trading!
USDJPY - M15 Downtrend with Supply Zone RetestThe USD/JPY market currently exhibits a downtrend with price rebounding slightly from recent lows. The key focus is the Lower Time Frame (LTF) Supply Zone around 148.2, which acts as a strong resistance level.
The trading plan anticipates the price to rise into this LTF Supply Zone, where selling pressure is expected to resume, leading to a continuation of the downward trend. The ultimate target is near the previous strong low around 146.8, representing a potential demand zone and support level.
This plan suggests watching for price action signals such as rejection wicks or bearish candlestick patterns within the supply zone to confirm entries for short positions. Managing risk involves placing stop losses just above the supply zone to protect against unexpected breakouts.
USDJPY Entry Zone: Current market is near your ideal entry zoneEntry Point (for Sell): Around 147.800 – 147.600
🔻 First Target (TP1): 147.050 – Labeled as "target point area"
🔻 Second Target (TP2): 146.300 – Labeled as "target point zone"
🛑 Invalid Zone (Sell Weakens): Above 148.600 – 149.000 (marked as “making clearly selling sides”)
Entry Zone:
Current market is near your ideal entry zone.
A pullback or rejection around 147.800 provides a good short opportunity.
🎯 Take-Profit Zones:
TP1: 147.050 (first support level / structure base)
TP2: 146.300 (major demand zone)
📉 Stop-Loss (SL):
Above 148.600
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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
USDJPY Q3 | D21 | W30 | Y25 15' OB UPDATE 📊USDJPY Q3 | D21 | W30 | Y25 15' OB UPDATE
Daily Forecast 🔍📅
Here’s a short diagnosis of the current chart setup 🧠📈
Higher time frame order blocks have been identified — these are our patient points of interest 🎯🧭.
It’s crucial to wait for a confirmed break of structure 🧱✅ before forming a directional bias.
This keeps us disciplined and aligned with what price action is truly telling us.
📈 Risk Management Protocols
🔑 Core principles:
Max 1% risk per trade
Only execute at pre-identified levels
Use alerts, not emotion
Stick to your RR plan — minimum 1:2
🧠 You’re not paid for how many trades you take, you’re paid for how well you manage risk.
🧠 Weekly FRGNT Insight
"Trade what the market gives, not what your ego wants."
Stay mechanical. Stay focused. Let the probabilities work.
FRGNT 📊
USDJPY - Bullish Structure in Play• Pair: USDJPY (UJ) • Bias: Bullish • HTF Overview (4H): • Clean external break to the upside confirms bull control heading into the new week. • Structure shift is undeniable — market bias is now favoring continued strength.
• MTF Refinement (30M): • Zoomed in to the 30M and identified internal liquidity (SSL) taken out. • Strong mitigation of internal OB followed. • Still in analysis mode — no trades taken yet.
• LTF Confirmation (5M): • Waiting on a refined CHoCH (marked by green lines at highs). • Once that prints and rules align, I’ll shift into trader mode for the execution.
• Entry Zone: • 30M OB mitigation + LTF (5M) CHoCH confirmation.
• Mindset Note: • Patience is the play. No guessing, no hesitation — just clean reads and precision strikes. • Analysis first, execution second. That’s the system.
Bless Trading!
USD/JPY Tests Pivotal Resistance in Bearish ContextFenzoFx—USD/JPY is testing the support at 146.6. This level is backed by anchored VWAP and the descending trendline.
From a technical perspective, the downtrend should resume if this level holds. In this scenario, the next bearish target could be 145.7. Furthermore, if the selling pressure exceeds this level, the price could fall toward the support at 144.1.
USD/JPY Possible Bear Scenario🔍 Analysis Summary:
USDJPY has failed to close above 146.1 on the weekly for the past 13 candles, showing clear signs of price exhaustion at this level. Price has also tapped into a marked 8HR bearish order block and printed a Daily Pin Bar — a strong reversal signal indicating potential downside.
📍Key Technicals:
• Resistance Holding: 146.1–146.6 zone
• Bearish Rejection: Pin Bar off resistance + order block
• Risk Area (Stop Zone): Above 147.16
• Target Zones: 144.2 (interim) → 142.4 (swing level)
🛠 Confluence:
• Order block rejection
• Multi-week resistance
• Clean structure with defined R:R
• Bearish candlestick confirmation
📊 Timeframe: 8HR
📉 Bias: Short
🔐 Risk Management: Proper stop loss in place above structure. Use personal risk limits.
⸻
⚠️ Disclaimer:
This setup is for educational and informational purposes only. It is not financial advice or a recommendation to trade. Always conduct your own analysis and use risk management based on your personal trading plan.
USDJPY / U.S. Dollar – Japanese Yen (1D + 1H) – Multi-Timeframe USDJPY / U.S. Dollar – Japanese Yen (1D + 1H) – Multi-Timeframe Breakdown
Hello awesome traders! 👋
Closing the week with a full top-down look at USDJPY. We’ve got a macro bullish setup developing, but Friday gave us a well-structured intraday bearish opportunity worth studying. Let’s walk through the levels across the timeframes:
🧭 Macro Structure (Daily / 4H)
We start with a textbook Cypher formation on the macro frame, overlapping with a broad ABC bullish correction:
🔹 XA and BC legs are clean and proportionate
🔹 The D point completes just above the 78.6% XA zone
🔹 ABC structure suggests price may be completing a corrective leg within the larger bullish swing
🔍 Medium-Term Focus (4H): Zoom Into the ABC
As we zoom into the ABC leg:
🔸 A = 146.82
🔸 B = 149.08
🔸 C forms near 148.20 with shallow retracement
🔸 Completion shows signs of exhaustion
The ABC pullback aligns with prior resistance and fib confluence zones.
⏱ Intraday Breakdown (1H): Symmetry, Traps, and False Breakouts
This is where the intraday bearish case built up:
🔻 1. Symmetrical Triangle Breakdown
Price formed a clear compression triangle → broke lower → retested → failed again.
🔻 2. Double Top Structure + Cypher Trap
We had a false breakout above 149.08, followed by a rejection. This matches the Cypher reversal zone and classic trap behavior.
🎯 Friday Outlook
✅ Bias: Bearish
📍 Target 1: 38.2% = 148.21
📍 Target 2: 61.8–78.6% = 147.67 – 147.29
We're looking for price to rotate back into these fib support zones before macro structure takes back control. No bullish commitment unless we reclaim the 149.08 highs with strength.
🛡 Risk Management Note
This is short-term momentum inside a larger bullish frame. Treat intraday shorts with tight stops. Macro buyers may step in at the fib wall.
🗝 Final Thoughts
This is the perfect example of why multi-timeframe context matters.
Macro is prepping for a possible long-term continuation, but Friday’s lower timeframe offered an opportunistic short from structure, symmetry, and failed breakout traps.
“The market breathes in waves — one time frame exhales while the other prepares to inhale.”
USDJPY – WEEKLY FORECAST Q3 | W30 | Y25📊 USDJPY – WEEKLY FORECAST
Q3 | W30 | Y25
Weekly Forecast 🔍📅
Here’s a short diagnosis of the current chart setup 🧠📈
Higher time frame order blocks have been identified — these are our patient points of interest 🎯🧭.
It’s crucial to wait for a confirmed break of structure 🧱✅ before forming a directional bias.
This keeps us disciplined and aligned with what price action is truly telling us.
📈 Risk Management Protocols
🔑 Core principles:
Max 1% risk per trade
Only execute at pre-identified levels
Use alerts, not emotion
Stick to your RR plan — minimum 1:2
🧠 You’re not paid for how many trades you take, you’re paid for how well you manage risk.
🧠 Weekly FRGNT Insight
"Trade what the market gives, not what your ego wants."
Stay mechanical. Stay focused. Let the probabilities work.
FRGNT FOREX ANALYSIS 📊
USDJPY🟢 USDJPY Trade Setup | BOS + Retest Strategy 🔥
Clear Break of Structure (BOS) followed by a clean retest into my Area of Interest (AOI).
High volume confirmation on rejection — I’m in this short trade with a 1:2.42 RR.
📉 Entry: 148.87
🛑 SL: 149.28
✅ TP: 148.10
This setup aligns with my mechanical strategy:
🔹 BOS
🔹 Retest
🔹 Liquidity sweep
🔹 Volume confirmation
USD-JPY Will Keep Growing! Buy!
Hello,Traders!
USD-JPY is trading in an
Uptrend along the rising
Support line and the pair
Already made a bullish
Rebound and is consolidating
In a local range so as we
Are bullish biased we will
Be expecting a further
Bullish move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
UJ shortsThe dollar is looking weak, I expect UJ to fall as well.
UJ showed some strong weakness last Wednesday following the drop in price of the dollar.
Looks like supply is in control atm, I would like to see price breaking the newest low to confirm the bearishness on UJ.
When it does, I'll start looking for new short opportunities when price mitigates the current move.
"USD/JPY Elliott Wave Short Setup – Targeting Key Support Zone"This chart shows a potential USD/JPY short trade setup based on Elliott Wave analysis. The price appears to have completed a 5-wave upward structure, reaching resistance near 148.75–149.19. A short position is suggested with:
Entry: Around 148.75
Stop Loss: Above 149.19
Target: 146.23–145.80 support zone
The trade aims to capture a corrective move following wave (5).
Advanced Order Types in ECN TradingAdvanced Order Types in ECN Trading
Electronic Communication Networks (ECN) have transformed the landscape of financial trading, offering direct market access and enhanced transparency. Central to ECN trading is the use of various order types, each tailored to specific strategies and risk management approaches. This article delves into advanced order types, providing traders with essential knowledge for navigating this dynamic trading environment.
Understanding ECN Trading
Electronic Communication Network (ECN) trading represents a pivotal development in financial markets, offering a pathway for traders to connect directly with each other without requiring intermediaries. This system functions through an electronic network that efficiently matches buy and sell trades, contributing to greater transparency and tighter spreads in the market.
In an ECN environment, traders can see the best available bid and ask prices, along with the market depth, which includes potential entries from various market participants. This visibility into the market's order book enables more informed decision-making as traders gain insights into potential market movements and liquidity.
A key advantage of ECNs is the anonymity they provide, enabling traders to execute transactions without exposing their strategy. This feature is particularly effective for large-volume traders who wish to avoid market impact.
ECN brokers, tend to offer lower costs compared to traditional market makers, as they typically charge a fixed commission per transaction rather than relying on the bid-ask spread. Such a cost structure can be advantageous for active traders and those employing high-frequency trading strategies.
Basic Market Order Types Explained
Forex and CFD trading involves several different order types, each serving unique strategies and goals. Among the most fundamental are market, limit and stop orders:
- Market: This type allows traders to buy or sell an asset at the current price. It's designed to offer immediate execution, making it ideal for traders who prioritise speed over control. They’re used when certainty of execution is more important than the execution price.
- Limit: Limit orders enable traders to specify the level at which they wish to buy or sell. A buy limit is set below the current price, while a sell limit is above. This type is used when traders seek to control the rate, accepting the risk of the entry not being filled if the market doesn’t reach their specified level.
- Stop: Stop orders act as a trigger for a trade. When the asset reaches the specified stop level, the stop becomes a market entry and executes a trade at the current price. It's a simple yet effective way to enter or exit the market at a predetermined point.
Advanced ECN Order Types
Advanced order types offer traders nuanced control over their transactions, catering to specific strategies and risk management needs. Here, we delve into three types: stop losses, trailing stops, and icebergs.
- Stop Loss: These are designed to limit a trader's loss on a position. A stop-loss order automatically sells (or buys, in the case of a short position) when the asset hits a predefined level. This tool is crucial in risk management, as it helps traders cap potential losses without the need to constantly monitor the charts.
- Trailing Stop: Trailing stop orders provide a dynamic way to manage risk. Instead of setting a fixed exit level like in a stop loss, a trailing stop moves with the current price at a set distance, potentially allowing traders to secure returns automatically as the market moves favourably, and adjusts to potentially protect against adverse moves.
- Iceberg: Named for the way only a small part of the total transaction is visible to the market, icebergs are used to buy or sell large quantities with small transactions. They prevent significant market impact, which could occur from a large trade and provide more discreet execution.
Stop Limit Orders Explained
In ECN trading, stop limit orders are an intricate yet powerful tool, blending the characteristics of stop and limit orders. A stop limit order type involves two prices: the stop price, which triggers the trade, and the limit price, at which the entry will be executed. It offers more control than a basic limit or stop order by specifying the exact range within which a trade should occur.
In a stop-limit buy order explained example, the stop price is set above the current price, and the limit price is set higher than the stop price. Once the stop level is reached, it becomes an order to buy at the limit price or better. It ensures that the trader does not pay more than a predetermined price.
The difference between a limit order and a stop order lies in their execution. A limit is executed at a specified value or better, but it doesn't guarantee execution. A stop, on the other hand, triggers at a specified price and then becomes a market entry executed at the current price. Stop limits merge these features, offering a targeted range for execution and combining the certainty of a stop order with the control of a limit order.
Conditional Orders
In ECN trading, conditional orders are sophisticated tools enabling traders to implement complex strategies. Here are the key types:
- One-Cancels-the-Other (OCO): An OCO links two orders; when one executes, the other is automatically cancelled. It's useful when setting up simultaneous profit and loss targets.
- One-Triggers-Another (OTA): An OTA activates a secondary instruction only after the primary order executes. They’re ideal for those planning successive actions based on initial trade execution.
- Ladder: This involves setting multiple orders at varying levels. As the market hits each level, a new order activates, allowing for gradual execution. They’re effective in managing entry and exit strategies in volatile assets.
- Order By Date (OBD): OBDs are time-based, executing on a specified date. It’s particularly useful for those looking to align their trades with specific events or timelines.
The Bottom Line
Mastering advanced order types in ECN trading may equip traders with the tools necessary for more effective strategy execution and risk management.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
USD/JPY – Rising Wedge Meets Major ResistanceChart Overview:
USD/JPY is printing a textbook rising wedge formation, typically a bearish pattern—especially when occurring at the top of a major move.
What makes this setup compelling:
Price is testing the upper wedge resistance near the 148.50–149.00 region, a historically reactive zone.
There’s clear confluence with the 200 SMA, horizontal resistance, and wedge structure—all signaling potential exhaustion.
🔍 Key Technicals:
Resistance Zone: 148.00–149.00 (Highlighted Supply Zone)
Rejection Candle Pattern: Recent upper wick shows rejection and buyer fatigue
Bearish Divergence on RSI (14): Price made higher highs, RSI printed lower highs — a classic warning signal
🧠 Educational Note: Rising Wedge Patterns
A rising wedge is a bearish reversal pattern, especially potent when it forms after an extended rally. The structure narrows as buyers lose steam, leading to a likely breakdown once support is breached.
Pro Tip: Always confirm a wedge breakdown with a close below support + volume spike or bearish engulfing.
🔄 Invalidation:
This idea becomes invalid above 150.467, where the wedge breaks upward and price potentially enters a new bullish phase. Marked clearly as “Idea Invalid” on the chart.
🧠 Final Thoughts:
This chart combines price action, pattern structure, RSI divergence, and SMA confluence — a high-probability scenario favored by elite traders. If you trade based on confirmation rather than prediction, this could be a setup to watch closely.
🗣 Drop your thoughts or questions below!
💬 Let’s learn and grow together.
Bullish bounce off pullback support?USD/JPY is falling towards the pivot which aligns with the 61.8% Fibonacci retracement and could bounce to the 1st resistance.
Pivot: 147.07
1st Support: 145.89
1st Resistance: 149.04
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.
USDJPY 30Min Engaged ( Bearish Entry Detected )Time Frame: 30-Minute Warfare
Entry Protocol: Only after volume-verified breakout
🩸Bearish move from : 148.900 Zone
➗ Hanzo Protocol: Volume-Tiered Entry Authority
➕ Zone Activated: Dynamic market pressure detected.
The level isn’t just price — it’s a memory of where they moved size.
Volume is rising beneath the surface — not noise, but preparation.
🔥 Tactical Note:
We wait for the energy signature — when volume betrays intention.
The trap gets set. The weak follow. We execute.
USD/JPY (2H time frame).USD/JPY (2H time frame), here is a breakdown:
📊 Technical Analysis Summary:
The chart shows an uptrend with price respecting a trendline.
Price is currently above the Ichimoku cloud, indicating bullish momentum.
A pullback zone (marked in red) is shown, likely suggesting a buying opportunity.
The chart indicates a projected move to the "Target Point" marked on the chart.
🎯 Target Level:
Target Point = 151.000
📌 Key Zones:
Support Zone / Pullback Entry: Around 147.80 to 148.20
Current Price: ~148.66
Resistance / Final Target: 151.000
✅ Trade Idea:
Buy on pullback near 148.00
Target: 151.000
Stop Loss: Below cloud or trendline, around 147.00
USD/JPY) Bullish trend analysis Read The captionSMC trading point update
Technical analysis of USD/JPY on the 4-hour timeframe, signaling a breakout and possible rally toward the 151.016 target zone. Here's the detailed breakdown:
---
Technical Analysis – USD/JPY (4H)
1. Bullish Structure Breakout
Price has broken above a long-term resistance trendline, indicating a bullish breakout from a rising wedge or ascending channel.
The breakout is confirmed by bullish momentum and sustained price action above the previous highs.
2. Trendline + EMA Confluence
Price remains well above the 200 EMA (145.143), reinforcing the bullish bias.
A clear higher low was formed at the inner trendline (support), followed by strong upside moves.
3. RSI Strength
RSI is around 63.16, indicating strong bullish momentum without being overbought yet.
Suggests more upside potential while maintaining healthy trend conditions.
4. Price Target Projection
The chart shows two upward extensions:
First move projected ~+2.20%, indicating a measured move target around 149.7.
Final target point is 151.016, based on previous price action extension and resistance level.
Mr SMC Trading point
---
Summary
Bias: Bullish
Current Price: 147.366
Key Support: Rising trendline + 145.143 EMA
Targets:
Short-term: ~149.7
Final: 151.016
RSI: Strong but not overbought (63.16)
Invalidation: Break below the inner trendline support and EMA (below 145.00)
Please support boost 🚀 this analysis)
USDJPY 30Min Engaged ( Buy Entry Detected )➕ Objective: Precision Volume Execution
Time Frame: 30-Minute Warfare
Entry Protocol: Only after volume-verified breakout
🩸 Bullish From now Price : 147.900
➗ Hanzo Protocol: Volume-Tiered Entry Authority
➕ Zone Activated: Dynamic market pressure detected.
The level isn’t just price — it’s a memory of where they moved size.
Volume is rising beneath the surface — not noise, but preparation.
🔥 Tactical Note:
We wait for the energy signature — when volume betrays intention.
The trap gets set. The weak follow. We execute.
USDJPY 30Min Engaged ( Buy Entry Detected )