Bearish reversal off major resistance?The Aussie (AUD/USD) is rising towards the pivot, which has been identified as an overlap resistance that aligns with the 38.2% Fibonacci retracement and oculd reverse to the 1st support, which acts as a multi swing low support.
Pivot: 0.6545
1st Support: 0.6422
1st Resistance: 0.6628
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.
Jpy
Forex: Weekly Review. Fundamental analysis The week starting Monday 20 October was a good week for overall market positivity. Political stability in Japan, optimism for US / CHINA trade de-escalation and below expectations inflation data from the UK and US, all contributed to the positive mood as the S&P once again hit all time highs.
It was very pleasing to see the JPY in particular acting in accordance to its (inverse) risk environment correlation. I felt the JPY was a potential short option all week, plus 'hopefully into next week', at least until the FOMC meeting.
On the catalyst front, below expectations UK inflation considerably weakened the GBP, a BOE rate cut may be on the cards sooner than the market previously predicted.
It is pleasing that despite the US government shutdown, there are still opportunities, it's just a little slow going sometimes. I have read that November's US CPI data isn't due to be reported, which doesn't bode well for an end to the shutdown anytime soon. We can only hope that won't be the case.
The fact US CPI was (eventually) reported below expectations, is good news and bodes well for a continuation of 'risk on trades'. But I expect we'll continue to get US / CHINA back and forth, plus Mr Trump is taking aim at Canada again. earnings season kicks into gear this coming week and we have the FOMC, a rate cut is heavily predicted. It'll be the narrative regarding the timing of further cuts that the market will be focused on.
All in all, I continue to hold my 'tentative risk on bias' likely preferring JPY short but not ruling out USD or possibly even CHF if one or the other is considerably the weakest at the time.
Finally, I still consider 'AUD NZD long' to be a viable 'interest rate differential trade.
On a personal note, it was another AUD JPY week. Two 'risk on' trades (see chart above). One on Monday, attempting to take advantage of JPY weakness following election news combining with dovish commentary from UEDA.
I unfortunately missed the GBP short inflation catalyst opportunity. And had to wait until Thursday for my second AUD JPY long trade. Although, post trade I realised I had neglected to note upcoming JPY inflation data, I therefore closed the trade early, to avoid holding risk during the release.
If US CPI data has been reported on any other day than Friday, I suspect I would have been very tempted to place another 'risk on' trade but I was ultimately put off by the possibility of 'strange Friday price action'.
Let's see what the new week brings.
USDJPY Deep-Dive: Week of Oct 27-31 🔴 USDJPY Deep-Dive: Week of Oct 27-31 | Intraday & Swing Setups 🚀
Asset: USDJPY (Spot)
Last Close: 152.885 (25th Oct 2025)
Focus: Intraday (5M-4H) & Swing (4H-1D) Analysis for the Coming Week
Traders, gear up! 🇺🇸🇯🇵 The USDJPY is knocking at a critical juncture. With the pair at multi-decade highs, is this the week for a breakout or a significant reversal? Let's dive into the multi-timeframe structure to find high-probability setups. 📈📉
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🎯 EXECUTIVE SUMMARY
The USD/JPY pair trades at 152.885, presenting multiple timeframe confluence zones across our analyzed framework (5M, 15M, 30M, 1H, 4H, 1D). Using Dow Theory , we're observing higher highs in the 4H-1D structure, confirming an uptrend bias . However, Elliott Wave analysis suggests we're completing Wave 4 correction into Week 43, creating prime entry optimization opportunities for swing traders targeting 154.50-156.00 resistance zones.
🔥 MULTI-TIMEFRAME STRUCTURE
1D (Daily): Higher High-Higher Low intact; Ichimoku Cloud bullish; RSI 58-65 (neutral momentum); VWAP acting as dynamic support at 152.40
4H: Breakout above EMA20/50 confluence; Bollinger Band expansion signals volatility acceleration; Harmonic Pattern (AB=CD) completion at 152.50 suggests reversal bounce
1H: Pullback to 152.70 support; Wyckoff re-accumulation pattern forming; Volume drying up—classic pre-breakout compression
30M: RSI oversold (28-32 zone); Gann resistance at 152.88 tested multiple times; Reversal pin bar confirming rejection
15M: Support-Resistance at 152.65/152.90; EMA9 acting as pivot; Bollinger Band squeeze indicating volatility breakout imminent
5M: Intraday noise; Micro support at 152.80; Use as entry trigger confirmation only—not standalone signal
📈 TREND ANALYSIS & REVERSAL SIGNALS
Identifiable Reversals: The daily pullback has created a Gann reversal pattern at 152.50 (0.618 Fibonacci level). Wyckoff analysis shows absorption phase —institutional accumulation before breakout. Elliott Wave counts suggest Wave 4 completion, with Wave 5 targeting 155.80-156.20. Downside risk limited to 151.80 (Wave 4 low).
⚡ ENTRY & EXIT STRATEGY
SWING TRADE (4H-1D):
Entry Zones: 152.50-152.70 (confirmed by Bollinger Band lower band, EMA support)
Target 1: 153.50 (RSI resistance, +0.65%)
Target 2: 154.30 (Harmonic extension, +1.45%)
Target 3: 155.80 (Wave 5 Gann Box, +3.00%)
Stop Loss: 151.95 (Below Wave 4 low, protection -0.90%)
INTRADAY TRADE (5M-1H):
Entry: Confirmed RSI >40 bounce + Close above EMA9 (15M)
Target 1: 153.10 (+0.35%)
Target 2: 153.50 (+0.65%)
Stop Loss: 152.65 (Recent swing low, -0.22%)
🔔 CRITICAL LEVELS & BREAKOUT ZONES
Resistance: 152.88 (immediate), 153.50 (1H structure), 154.30 (confluence with 0.786 Fib), 156.00 (major psychological)
Support: 152.65 (15M pivot), 152.40 (VWAP + Ichimoku support), 151.80 (Wave 4 low + Gann level)
Breakout Trigger: Close above 152.90 (30M resistance) → targets 153.80-154.00 immediately
📊 VOLATILITY & OVERBOUGHT/OVERSOLD CONDITIONS
Current State: Bollinger Band width expanding on 4H (volatility compression breaking). RSI reading 32-45 across intraday frames indicates oversold condition —optimal for mean-reversion plays. 30M RSI at 28 = extreme oversold = high probability bounce. Volume profile shows rejection below 152.50, confirming institutional support.
🎓 TECHNICAL THEORY APPLICATION
Dow Theory: Higher highs/lows confirmed; Secondary reaction establishing new support
Elliott Wave: Wave 4 corrective completion; Wave 5 impulse phase initiating
Wyckoff Theory: Accumulation phase evident; Absorption + Breakout pattern textbook formation
Harmonic Patterns: AB=CD completion at 152.50 + Gartley pattern setup for 1D
Gann Theory: Key resistance at 152.88 (41% angle), targets 155.80 (geometric extension)
📍 TECHNICAL INDICATORS SYNTHESIS
Bollinger Bands (20, 2): Lower band at 152.30 = support magnet; Expanding width confirms volatility spike incoming. RSI(14): Oversold on 30M/1H = bounce probability 78%. VWAP: Acting as dynamic floor at 152.40. EMA20/50/200: All bullish-aligned on 4H; 200-EMA at 151.60 provides safety net. Ichimoku Cloud: Price above cloud on daily = bullish bias intact.
⚠️ RISK MANAGEMENT PROTOCOL
Position sizing: Use 2% risk per trade. Stop loss placement non-negotiable at weekly lows. Take partial profits at 1st target (50% position). Never hold below support without reason . Monitor Fed calendar (FOMC comments impact yen carry sentiment).
✅ WEEK 43 TRADING PLAN
Monday-Tuesday: Accumulate on dips to 152.50-152.70 (oversold bounces). Wednesday-Thursday: Hold above 152.88 for breakout plays targeting 154.00+. Friday: Lock profits; avoid new entries pre-weekend gap risk.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Charts for Reference:
1D:
4H:
1H:
30M:
15M:
5M:
Disclaimer: This is my technical analysis and not financial advice. Trade at your own risk.
Let me know your thoughts in the comments! What's your bias for USDJPY this week? 👇
USDJPY H4 | Bearish Reversal at Swing High ResistanceUSD/JPY is reacting off the resistance level which is a swing high resistance and could reverse from this level to the downside.
Sell entry is at 153.07,whic is a swing high resistance.
Stop loss is at 154.37, which lines up with the 127.2% Fibonacci extension.
Take profit is at 151.61, whic is an overlap support that aligns with he 38.2% Fibonacci retracement.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Bullish bounce off pullback support?AUD/JPY is falling towards the pivot which is a pullback support and could bounce to the 1st resistance which has been identified as a swing high resistance.
Pivot: 98.67
1st Support: 98
1st Resistance: 100.89
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.
Potential bullish rise?NZD/JPY could fall towards the pivot which acts as a pullback support and could bounce to the swing high resistance.
Pivot: 87.33
1st Support: 86.80
1st Resistance: 89.02
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.
NZDJPY to stall at earlier swing high?NZDJPY - 24h expiry
Selling posted close to the previous high of 88.58.
88.13 has been pivotal.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Expect trading to remain mixed and volatile.
Preferred trade is to sell into rallies.
We look to Sell at 88.32 (stop at 88.76)
Our profit targets will be 87.01 and 86.81
Resistance: 88.06 / 88.30 / 88.58
Support: 87.60 / 87.30 / 86.96
Fifth straight gain for USDJPY - can bulls clear 153 before CPI?USD/JPY is advancing for a fifth consecutive day after the ruling LDP confirmed Sanae Takaichi as its new leader. Traders are preparing for possible increased fiscal spending, and this is weighing on the yen.
However, upward momentum could be tested later this week ahead of the US CPI release on Friday.
Momentum indicators remain constructive for now, with the RSI holding above 60 and price action potentially supported by the rising 20-day moving average near 150.40.
AUD JPY long, 'risk on trade' It's another 'risk on' AUD JPY long trade.
Aside from the odd hiccup, the market has remained risk on this week. I do actually think the USD and CHF are also currently in play as 'short options'. I've gone for the JPY as it is clearly the weakest at the moment. Backed up by the dovish rhetoric following the Japan election.
The risk to the trade is negative market sentiment, or the fact the chart has already gone up a lot today and the trade could take a while to complete.
Bullish continuation?USD/JPY is falling towards the pivot which acts as a pullback suport and could bounce to the 1st resistance.
Pivot: 152.13
1st Support: 151.53
1st Resistance: 153.12
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.
USD/JPY(20251023)Today's AnalysisMarket News:
The shutdown continues, and the US Senate has rejected the temporary funding bill for the 12th time.
Technical Analysis:
Today's buy/sell levels:
151.83
Support and resistance levels:
152.38
152.17
152.04
151.61
151.48
151.27
Trading Strategy:
If the stock breaks above 152.04, consider buying, with the first target price being 152.17.
If the stock breaks below 151.83, consider selling, with the first target price being 151.61.
USD/JPY – Buy Entry (H1- Channel Breakout Pattern)
The USD/JPY Pair, Price has been trading within a Channel Breakout Pattern on the H1 chart, forming consistent higher highs and higher lows. Price action is now testing the upper boundary of the Pattern, signalling a possible breakout. FX:USDJPY
✅Market Context:
1️⃣Strong Upward Structure Inside the Pattern.
2️⃣Buyers are showing strength near Resistance.
3️⃣Breakout above the Trendline indicates Momentum continuation toward higher zones.
✅Trade Plan:
Entry: Buy after Confirmed Breakout above the Resistance (H1 candle close above trendline or retest of the breakout).
💰Take Profit (TP): At the Key Zone – a Major Resistance area identified ahead.
🛑Stop Loss (SL): Below the Pattern Structure.
✅Psychological Discipline :
1️⃣Stick to plan – No Revenge Trades.
2️⃣Accept losing trades as Part of the Strategy.
3️⃣Risk only 1–2% of your account balance per trade.
💬 Support the community: If you found this useful, drop a 👍 like and share your thoughts in the comments!
⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Forex trading involves high risk. Trade only with capital you can afford to lose and always do your own research.
Bearish drop off?NZD/JPY has rejected off the resistance level, which is an overlap resistance that aligns with the 138.2% Fibonacci extension and the 61.8% Fibonacci retracement and could drop from this level to our take profit.
Entry: 87.44
Why we like it:
There is an overlap resistance that aligns with the 138.2% Fibonacci extension and the 61.8% Fibonacci retracement.
Stop loss: 88.10
Why we like it:
There is a pullback resistance level.
Take profit: 86.56
Why we like it:
There is a pullback support that is slightly below the 38.2% Fibonacci retracement.
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.
GBPJPY H1 | Falling Toward the 61.8% Fibonacci SupportBased on the H1 chart analysis, we could see the price fall towards the buy entry, which is a pullback support that aligns with the 61.8% Fibonacci retracement and could bounce from this level to the upside.
Buy entry is at 201.63, which is a pullback support that lines up with the 61.8% Fibonacci retracement.
Stop loss is at 201.08, which is a swing low support.
Take profit is at 202.80, whichis a pullback resistance.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
USDJPY H1 | Bullish Bounce off Pullback SupportUSD/JPY is falling towards the buy entry which is a pullback support and could bounce from this level to the upside.
Buy entry is at 151.30, whichis a pullback support.
Stop loss is at 150.60, which is a pullback support that is slightly above the 61.8% Fibonacci retracement.
Take profit is at 152.50, which is an overlap resistance that aligns with the 78.6% Fibonacci retracement.
Stratos Markets Limited (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Falling towards major support?CAD/JPY is falling towards the pivot which is an overlap support and could bounce to the 1st resistance which lines up with the 161.8% Fibonacci extension and the 100% Fibonacci projection.
Pivot: 107.92
1st Support: 107.45
1st Resistance: 108.82
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.
Bullish rise?AUD/JPY is reacting off the pivot which is an overlap support and could potentially rise to the swing high resistance.
Pivot: 98.29
1st Support: 96.97
1st Resistance: 100.89
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.
Bullish bounce?NZD/JPY is falling towards the pivot, which is a pullback support and could bounce to the 1st resistance, which acts as a swing high resistance.
Pivot: 86.77
1st Support: 85.67
1st Resistance: 88.49
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 Had its 1st 1D Golden Cross since Dec 2024.The USDJPY pair has been trading within a Channel Up pattern since the April 22 2025 market bottom and just last week, it formed the first 1D Golden Cross since December 16 2024. As you can see, all three 1D Golden Crosses since June 2023 have been strong Buy Signals.
All have been formed within Channel Up patterns that formed Higher Highs just after the crosses. The target of the current Channel Up is 154.000, which represents a +6.06% rise, similar to both previous Bullish Legs of this pattern. The uptrend is so far restricted by the presence of the Lower Highs trend-line that started back on the July 03 2024 market Top.
This time however we may see this break as the 1W RSI has already broken above its own Lower Highs trend-line, signaling an early bullish warning. As a result, if the July 2024 Lower Highs trend-line breaks, we expect the pair to eye the upper Resistance at 159.000.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Bullish momentum set to continue?USD/JPY is falling towards the support level, which is an overlap support that lines up with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 151.21
Why we like it:
There is an overlap support that lines up with the 38.2% Fibonacci retracement.
Stop loss: 150.41
Why we like it:
There is a pullback support that aligns with the 61.8% Fibonacci retracement.
Take profit: 153.13
Why we like it:
There is a swing high resistance 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.
#035: USD/JPY Long Investment Opportunity
In recent days, the USD/JPY pair has experienced a period of considerable uncertainty, alternating between impulsive movements and periods of consolidation. Hello, I'm Andrea Russo, an independent Forex trader and prop trader with $200,000 in capital under management. Thank you in advance for your time.
At first glance, it may seem like a confusing market, but behind this apparent calm lies a delicate balance between monetary policy, relative strength, and the positioning of the largest operators.
My attention has focused on a specific price area where the market has shown signs of absorbing bearish pressure. The latest candlesticks have highlighted a slowdown in selling and, more importantly, increased buying in moments of weakness—a typical behavior of strong hands in the accumulation phase.
The macroeconomic context remains clear: the United States maintains an advantage in terms of interest rates and yields, while Japan continues to demonstrate accommodative policies. This divergence, although already known to the market, continues to support the dollar at key moments. However, it's not so much the overall direction that matters, but the timing with which the price shows its willingness to resume its rally after a natural pause.
I chose to position myself early, not to chase the movement, but to wait for the market to catch me at the point where demand exceeds supply. It's a strategy that requires patience and composure: it's not about predicting, but knowing how to wait for institutional pressure to confirm your intention.






















