GBPJPY at Risk? Sell Zone Near 212.000 as BoJ Intervention LoomsHey Traders,
In tomorrow’s trading session, we are closely monitoring GBPJPY for a potential selling opportunity around the 212.000 zone. GBPJPY remains in a well-defined downtrend and is currently undergoing a corrective pullback, approaching a key trendline confluence and the 212.000 support-turned-resistance area, which may act as a strong rejection zone for bearish continuation.
From a fundamental perspective, ongoing comments from the Bank of Japan (BoJ) and Japan’s Ministry of Finance continue to highlight elevated currency intervention risk at stretched JPY levels. This persistent intervention threat may add downside pressure to JPY crosses, reinforcing the bearish technical bias on GBPJPY.
As always, wait for confirmation and manage risk responsibly.
Trade safe,
Joe.
Jpy
Bullish continuation setup?USD/JPY is falling towards the pivot which acts as a pullback support that aligns with the 50% Fibonacci retracement and could bounce to the 1st resistance.
Pivot: 156.95
1st Support: 154.80
1st Resistance: 159.16
Disclaimer:
The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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
You-Tube trade of Jan 3rd Week (CHFJPY)Market Context (Jan 3rd Week, 2026)
As of mid-January, CHFJPY has been trading in a volatile range. While the broader trend has shown bullish resilience, we are seeing clear signs of a "top wick" forming on the monthly timeframe, suggesting a potential reversal or deep correction is underway.
Current Price Data
Current Price: Approximately 197.24
Bearish Target: Your target of 196.5 aligns perfectly with the current S1/S2 support levels identified by several technical aggregators.
New ATL, But the Structure Hints at a Potential ReversalAfter breaking support with a strong weekend gap in early October, the JPY Index continued its decline and last week printed a new all-time low, falling even below the extreme levels seen in mid-2024.
The trend is clearly bearish — but the context matters.
🔎 Why This New Low Could Matter
If we zoom out and analyze the broader structure, we can see that the decline fron the last semester of 2025 is contained inside a falling wedge — a pattern that often signals:
✅ trend exhaustion
✅ potential reversal conditions
Even more importantly, this new all-time low in the JPY Index is largely explained by the new ATH in EURJPY.
Other major JPY pairs, while still extremely elevated, have not made fresh all-time highs — which suggests the move might be becoming imbalanced and stretched, rather than universally strong across the board.
🏦 Fundamental Angle: BoJ Pressure Increasing
Another key element here is the growing pressure on the Bank of Japan.
At these levels, the JPY becomes increasingly sensitive to:
- policy hints
- intervention risk
- shifts in yield expectations
This doesn’t mean a reversal is guaranteed — but it increases the probability of sharp corrective moves.
📌 What I’m Watching
I’m not buying a reversal blindly — but I am watching the index closely because:
👉 If the JPY Index manages to reclaim 690–700 zone, it could signal the start of a broader recovery.
✅ Conclusion: Potential JPY Strength = Opportunity on JPY Crosses
If that bullish recovery confirms, it could create strong trading opportunities in pairs like:
- EURJPY
- GBPJPY
with potential for:
➡️ 1,000+ pips downside correction (JPY strengthening move)
For now, patience is key — but the market is approaching an area where reversals become possible, not just theoretical. 🚀
USDJPY - The correction may be over. Bullish trend The Japanese yen continues to weaken amid a strong dollar and due to the actions of the Bank of Japan. The currency pair may continue its bullish trend...
The global trend is upward. As part of the correction, the currency pair is testing support at 157.76 and forming a long squeeze. The reaction from the bulls is aggressive, and a breakout of the wedge resistance will provide an opportunity for growth.
The dollar is in an upward trend (locally), and this maneuver is supporting the currency pair against the backdrop of a globally weak Japanese yen.
Resistance levels: 158.185, 158.855
Support levels: 157.76, 157.38
If the bulls keep the price above the 157.76-158.0 zone, the market will have good potential and strong support to continue growing towards 158.8-159.5.
Best regards, R. Linda!
USDJPY H4 | Bullish Bounce off 50% Fib SupportBased on the H4 chart analysis, we can see that the price has bounced off our buy entry level at 157.57, which is a pullback support that al;igns with the 50% FIbonacci retracement.
Our stop loss is set at 156.94, which is a pullback support that aligns with the 61.8% FIbonacci retracement.
Our take profit: 158.82, which is a pullback resistance.
High Risk Investment Warning
Stratos Markets Limited (
Forex: Weekly Review During the week starting Monday 12 January, US data continued to suggest the FED will be in no rush to cut rates further. But other factors throughout the week caused an overall lack of conviction in all of the currency's.
The week began with the FED'S independence once again coming into question, weakening the USD. But 'decent' US data plus speculation over the next FED chair gave the USD bouts of strength. Geopolitics wasn't too far from the surface, particularly Iran, which at one point looked like it could escalate into a big issue. Plus, never too far from centre stage, the BOJ seemingly has lost tolerance with the continued weakness of the JPY, two very stern 'verbal interventions' gave the JPY bouts of strength.
All in all it's a very choppy environment, which looks like it could continue to for a while. I still consider the JPY as 'shortable' in a positive environment. Plus I have read the SNB want to curb CHF strength, there is a case to say the franc may become the better short option, particularly if the EUR is weak at the same time.
Given the choppy environment, It is traders discretion as to whether to treat each days a single entity, closing trades before market close and starting fresh the next day.
I begin the new week without a clear bias, tentatively looking for short JPY opportunities but wary of the BOJ'S tough talking. The upcoming BOJ meeting will be interesting.
On a personal note, the bottom line was a break even week. Three trades, a AUD USD during the midst of the 'FED INDEPENDENCE weakness '. The trade was closed for a small loss pre US CPI data.
I then switched to JPY shorts, two AUD JPY, the first (which hit profit) during the continued JPY weakness thanks to government fiscal concerns. The second stopped out following the second round of 'verbal intervention'.
I'm very intrigued to see how the JPY begins the new week.
USDJPY at Risk? Sell Zone at 158.600 as Intervention Fears Rise!Hey Traders,
In today’s trading session, we are monitoring USDJPY for a potential selling opportunity around the 158.600 zone. USDJPY previously traded in a strong uptrend but has successfully broken below that structure, signaling a potential shift in momentum. Price is now in a corrective pullback, approaching a key retracement level and the 158.600 support-turned-resistance area, which may act as a strong rejection zone.
From a fundamental perspective, recent comments from the Bank of Japan (BoJ) and Japan’s Ministry of Finance (MoF) continue to emphasize heightened intervention risk at elevated price levels. This ongoing threat of currency intervention adds downside pressure to USDJPY and supports the bearish technical bias.
As always, wait for confirmation and manage risk responsibly.
Trade safe,
Joe.
USDJPY H4 | Falling Towards 50% Fib SupportBased on the H4 chart analysis, we could see the price fall to our buy entry level at 157.57, which is a pullback suport that aligns with the 50% Fibonacci retracement.
Our stop loss is set at 156.94, which is a pullback support that aligns with the 61.8% Fibonacci retracement.
Our take profit is set at 158.82, which is a pullback resistance.
High Risk Investment Warning
Stratos Markets Limited (
GBPJPY - The hunt for liquidity within a bullish trendFX:GBPJPY is testing key areas of interest amid an upward trend as part of a deep correction. Fundamentally, the pound is stronger than the yen...
The Japanese yen continues to decline for economic reasons related to the Bank of Japan. Against this backdrop, the pound is strengthening. Focus on the 211.59 - 212.0 zone, where the battle for position is most likely to take place. If the bulls manage to break through 212, the currency pair could return to an upward trend.
The currency pair is forming a fairly deep correction, but there is no break in the trend structure. A retest of the 0.6-0.7 Fibonacci zone and a retest of the consolidation boundary within the bullish trend have been formed.
Resistance levels: 212.08, 213.01
Support levels: 211.59, 211.31
A false breakout and the market holding above the key support zone could give buyers a chance to resume the uptrend after the correction ends.
Best regards, R. Linda!
USDJPY M15 HTF FVG Rejection and Bearish Continuation Setup📝 Description
FX:USDJPY after a sharp impulsive drop is showing a corrective pullback into a lower-timeframe FVG zone. Price remains capped below the descending structure, suggesting the move is corrective rather than a trend reversal.
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📈 Signal / Analysis
Primary Bias: Bearish while price holds below the FVG and descending channel
Preferred Setup:
• Entry: 158.42 (FVG Rejection)
• Stop Loss: Above 158.53
• TP1: 158.29
• TP2: 158.19
• TP3: 158.10 (sell-side liquidity draw)
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🎯 ICT & SMC Notes
• Pullback into LTF FVG after impulsive sell
• No bullish CHOCH confirmed
• Structure remains bearish below dynamic trendline
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🧩 Summary
As long as price stays below the H1 FVG and descending structure, the expectation remains for continuation toward lower liquidity levels.
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🌍 Fundamental Notes / Sentiment
With easing inflation pressures and softer USD momentum, USDJPY is vulnerable to downside correction. As long as dollar strength fails to extend, pullbacks may develop into a bearish move, favoring downside continuation over renewed highs.
________________________________________
⚠️ Risk Disclosure
Trading involves substantial risk and may result in capital loss. This analysis is for educational purposes only and does not constitute financial advice. Always apply proper risk management, predefined stop-loss levels, and disciplined position sizing aligned with your trading plan.
Falling towards pullback support?USD/JPY is falling towards the pivot and could bounce to the 1st reiststance which is a pullback resistance.
Pivot: 157.60
1st Support: 156.74
1st Resistance: 158.85
Disclaimer:
The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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
USD/JPY(20260116)Today's AnalysisMarket News:
The Bank of Japan will announce its next policy decision on January 23. Officials believe that maintaining the interest rate at 0.75% (the highest level in 30 years) is appropriate. Sources say the committee will make its final policy decision after monitoring economic data and financial markets until the last minute. Sources also indicate that given inflation trends are approaching its 2% target, officials will be watching how the yen affects underlying inflation, including price expectations for households and businesses.
Technical Analysis:
Today's Buy/Sell Threshold:
158.56
Support and Resistance Levels:
159.22
158.98
158.82
158.31
158.15
157.90
Trading Strategy:
A break above 158.82: Consider buying, first target price 158.98.
A break below 158.56: Consider selling, first target price 158.31.
Bearish reversal off 61.8% Fib resistance?AUD/JPY is reacting off the resistance level, which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 106.26
Why we like it:
There is a pullback resistance level that aligns with the 61.8% Fibonacci retracement.
Stop loss: 106.69
Why we like it:
There is a multi-swing high resistance level.
Take profit: 105.59
Why we like it:
There is a pullback support level.
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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.
Bearish reversal?NZD/JPY is rising towards the resistance level, which is a pullback resistance and could reverse from this level to our take profit.
Entry: 91.29
Why we like it:
There is a pullback resistance level.
Stop loss: 91.79
Why we like it:
There is a swing high resistance.
Take profit: 90.18
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.
Selena | USDJPY–Japenese Yen |Demand Hold After CHoCH |BUY SETUPFX:USDJPY
After breaking the previous internal bearish structure (CHoCH), price continued higher and formed higher highs and higher lows inside an ascending channel. A liquidity sweep below the channel followed by strong rejection suggests smart money accumulation. Price is now reacting from demand, favoring continuation toward upside liquidity and previous highs.
Key Scenarios
✅ Bullish Case 🚀
As long as price holds above the marked demand zone and channel support, continuation toward upper channel resistance and external liquidity remains the primary bias.
🎯 Target 1: Channel high
🎯 Target 2: Previous high / buy-side liquidity
🎯 Target 3: Trendline extension
❌ Bearish Case 📉
A clean breakdown and close below the demand zone and channel support would invalidate the bullish continuation and expose price to deeper retracement.
Current Levels to Watch
Resistance 🔴: 157.20 – 157.70
Support 🟢: Demand zone + channel base
⚠️ Disclaimer: This analysis is for educational purposes only. It is not financial advice.
Selena | USDJPY–4H|Bullish Channel, Compression Before ExpansionFX:USDJPY
USDJPY remains in a strong bullish market structure with higher highs and higher lows. The recent consolidation below resistance suggests liquidity build-up, not weakness. As long as price holds above the internal demand zone and channel support, upside continuation remains the higher-probability scenario. A shallow pullback would strengthen continuation rather than invalidate it.
Key Scenarios
✅ Bullish Case 🚀 → Holding above demand + channel support opens continuation toward higher liquidity zones above 160.00.
❌ Bearish Case 📉 → Clean breakdown and acceptance below channel support invalidates bullish bias and exposes a deeper corrective leg.
Current Levels to Watch
Resistance 🔴: 158.80 – 159.20
Support 🟢: 156.20 – 155.80
⚠️ Disclaimer: This analysis is for educational purposes only. It is not financial advice
AUD JPY long. As discussed yesterday As discussed, I've been waiting for the JPY post verbal intervention strength to show signs of reversal.
It's a 25 pip stop loss with 37.5 pip profit target. The profit target is well below recent highs.
The risks to the trade are escalation in Iran, the BOJ, US data which I will trade through. Or the fact, there is only a 30 min swing to place a stop loss behind.
Falling towards 61.8% Fib support?GBP/JPY is falling towards the pivot and could bounce to the swing high resistance.
Pivot: 211.94
1st Support: 210.91
1st Resistance: 214.26
Disclaimer:
The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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
Bullish bounce?CAD/JPY is falling towards the pivot, which serves as pullback support and could bounce back to the 1st resistance.
Pivot: 113.53
1st Support: 112.96
1st Resistance: 114.52
Disclaimer:
The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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
Bearish drop?AUD/JPY is rising towards the pivot, which aligns with the 50% Fibonacci retracement, and could reverse to the 1st support that aligns with the 61.8% Fibonacci retracement.
Pivot: 106.19
1st Support: 105.49
1st Resistance: 106.68
Disclaimer:
The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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
Bullish boounce off 61.8% Fib support?NZD/JPY is falling towards the pivot, which has been identified as a pullback support that aligns with the 61.8% Fibonacci retracement and could bounce to the 1st resistance.
Pivot: 90.75
1st Support: 90.17
1st Resistance: 91.75
Disclaimer:
The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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






















