USD/JPY) Bullish trend analysis Read The captionSMC Trading point update
Technical analysis of USD/JPY on the 4-hour timeframe, using a combination of trendline support, key horizontal levels, and EMA 200 confluence to identify a potential bounce.
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Technical Breakdown:
1. Market Structure:
USD/JPY experienced a sharp decline from the resistance zone near 150.445, but price is now testing a strong confluence support area:
Horizontal support zone
Rising trendline
200 EMA (146.907)
2. Support Confluence Zone:
Marked as "trend support level", this zone has historically acted as a springboard for bullish moves.
Recent price action shows a wick rejection at this zone, indicating buying pressure.
3. Resistance/Target Zones:
Target 1: 149.190 – 149.208
Target 2: 150.445 (major resistance zone)
4. EMA 200:
Price is reacting just above the 200 EMA, strengthening the bullish case for a bounce.
5. RSI (14):
RSI has dipped to 35.92, near oversold territory, suggesting the downside may be exhausted.
Prior bounce from similar RSI levels led to strong upward moves.
6. Projected Path:
The chart outlines a potential bullish recovery, targeting a climb back into the upper channel and retesting previous highs.
Mr SMC Trading point
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Trade Idea Summary:
Bias: Bullish (Reversal from trendline + support zone)
Entry Zone: Current level near 147.40–146.90 (support confluence)
Targets:
TP1: 149.190
TP2: 150.445
Invalidation: Daily close below trendline and 200 EMA (~146.70 or lower)
Indicators: RSI supports a bounce; EMA and trendline confirm structure
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USDJPY
USDJPY Potential UpsidesHey Traders, in tomorrow's trading session we are monitoring USDJPY for a buying opportunity around 147.000 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 147.000 support and resistance area.
Trade safe, Joe.
USDJPY BUYThe year will be politically marked by Trump’s return to the White House. A Republican government is seen as positive for financial markets, but Trump’s pledge to cut taxes and impose tariffs on foreign goods and services may introduce uncertainty to both the political and economic landscape.
In Japan, political uncertainty looms, as the ruling Liberal Democratic Party (LDP) lacks a parliamentary majority and may call fresh elections. An LDP victory could strengthen the Yen by ensuring stability, while opposition gains might lead to fiscal expansion and weaken the currency. If no elections occur, a modest budget would likely keep the Yen supported.
In terms of monetary policy, the Fed and BoJ are set to diverge in monetary policy. The Fed expects to deliver only two additional rate cuts in 2025, the BoJ is expected to maintain its dovish stance, avoiding rate hikes amid weak inflation and a shrinking economy, leaving the Yen vulnerable to market disappointment over policy inaction
SUPPORT 149.232
SUPPORT 148.598
SUPPORT 147.963
RESISTANCE 147.285
RESISTANCE 146.913
EUR/USD Reversal or Trap? 4H Clean Breakdown InsidePrice just tapped into a high-probability sell zone after a corrective Wave 2 structure. With sellers already active at 1.16342 and 1.17635, this setup is not just textbook—but a potential goldmine for swing traders.
🔻 Is this Wave 3 continuation about to begin?
🔍 Liquidity swept. Zones respected. Structure still bearish.
⚠️ Many traders will miss the bigger picture here—will you?
👇 Drop your thoughts:
Are we about to break 1.13000?
Do you agree with the Elliott Wave count?
What’s your bias on DXY?
💬 I personally reply to every comment—let’s build this chart together.
🔥 If you caught the entry, show your entry point and reasoning—let’s level up as a team.
USDJPY The Week Ahead Key Support and Resistance Levels
Resistance Level 1: 148.90
Resistance Level 2: 149.70
Resistance Level 3: 150.20
Support Level 1: 146.12
Support Level 2: 145.40
Support Level 3: 144.60
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
USDJPY Is Very Bearish! Sell!
Here is our detailed technical review for USDJPY.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 150.492.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 148.583 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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0721 Impact of Japanese Senate Elections on Yen Exchange Rate Hello traders,
1. I spent the entire weekend following the Japanese Senate elections, as they will determine the fluctuations of the world's largest financing currency—the yen exchange rate.
★ The results are out, and we are currently in scenario two— the ruling coalition suffered a crushing defeat + Shigeru Ishiba refuses to resign. However, senior figures within the Liberal Democratic Party, such as Taro Aso, have publicly stated that they intend to demand Prime Minister Ishiba's resignation for accountability, increasing the pressure on Ishiba to step down. This means we might see "scenario three"—the USD/JPY exchange rate could potentially break through the 151-155 range.
★ Is this the worst-case scenario? Of course not. The worst-case scenario would be if the "far-right party" that campaigned on the slogan "Japan First" achieved a landslide victory in this election. The most notable winner is a marginal far-right party known as the "Reform Party."
The Reform Party originated from a YouTube channel during the pandemic, which spread conspiracy theories about vaccines and "global elite conspiracies." NHK estimates that the Reform Party will win up to 22 seats, whereas three years ago, they had only 1 seat in the Senate and currently have only 3 seats in the House of Representatives.
✔ Let's take a look at this big winner's political proposals—stricter immigration restrictions + opposition to globalism + opposition to radical gender policies + reassessment of decarbonization and vaccine policies + massive tax cuts + increased social welfare spending. This means Japan may implement more "radical tax cuts" combined with aggressive economic stimulus through quantitative easing, leading to a more severe depreciation of the yen, increasing the likelihood of the USD/JPY exchange rate rising to the 160 range.
★ What are the risks of a sharp depreciation of the yen?
For Asia, the depreciation of the yen typically drags down other Asian currencies collectively, especially under U.S. tariff pressures, where Asian currencies are already under devaluation pressure. A strong depreciation of the yen would mean Japan is taking other Asian countries along with it off a cliff. We need to pay attention to the "passive" depreciation of the renminbi.
Asia will feel the pain, but Europe and the U.S. will also suffer. Theoretically, if the USD/JPY exchange rate surges (indicating a sharp depreciation of the yen), it is very advantageous for arbitrage trading with leverage (because the yen becomes cheaper). However, when the yen experiences a severe depreciation, the situation changes.
Let me give you a classic example: After Shinzo Abe returned to power at the end of 2012, he launched the "three arrows" economic policy: unlimited quantitative easing monetary policy + fiscal stimulus + structural reform = artificially lowering the yen exchange rate to stimulate exports (the clear goal was to increase the USD/JPY exchange rate) = rapid depreciation of the yen (from 80 in 2012 to 125 in 2015).
So what happened then? — A large number of Japanese institutions sold off U.S. bonds, European bonds, and REITs to cash out. The reason is simple:
✔ Japanese financial institutions (such as GPIF, insurance companies, and banks) hold a large amount of dollar/euro assets. When the yen depreciates, the yen-denominated market value of these foreign currency assets skyrockets. Selling off overseas assets is equivalent to cashing out foreign exchange gains in advance.
✔ The proportion of foreign currency assets is too high → must rebalance. Due to the yen depreciation, a large institution that originally allocated 20% of its total assets to foreign currency assets might see that proportion swell to 30% or 40%. This triggers asset allocation restrictions within pension and insurance funds (ALM principles), necessitating the sale of overseas assets and reallocation to yen-denominated assets.
✔ The yen depreciation phase is usually accompanied by an expansion of the U.S.-Japan interest rate differential. If Japanese institutions hedge their dollar assets, the hedging costs become very high (the costs of hedging through FX swaps and forwards rise), so they must also sell off some assets to reduce exposure. Therefore, in 2013, there was a collective sell-off of U.S. and European bonds.
Technically:
Daily chart, there is a possible Crab Harmonic Pattern.
The Crab Harmonic Pattern
From the chart, we can see:
The upward move from A to B is labeled as 0.762, which falls within the Fibonacci ratio range of 0.618-0.786 for the A-B leg of the Crab pattern.
The downward move from B to C is labeled as 0.668, which also falls within the Fibonacci ratio range of 0.382-0.886 for the B-C leg of the Crab pattern.
The upward move from C to D is labeled as 1.112, which corresponds to the Fibonacci ratio range of 1.13-1.272 for the C-D leg of the Crab pattern.
Based on these Fibonacci ratio relationships, we can identify this price action pattern as a typical Crab harmonic pattern. This type of pattern often suggests that the price may be about to reverse.
On the left 4H chart, the broken trendline is suggesting a new possible downtrend to begin .
Make a good use of those support positions, sellers of UJ could find a great trade deal.
Follow me to get more update on UJ.
GOOD LUCK!
LESS IS MORE!
USDJPY: Breaking Out With Macro Backing 🟢 USDJPY | Breakout Opportunity Above Resistance
Timeframe: 1H
Bias: Bullish
Type: Break and Retest
📊 Technical Setup
USDJPY is currently consolidating at a key 4H resistance zone (147.75–147.90). A clean breakout and retest of this area will confirm bullish continuation.
• Entry: Above 147.90 (after confirmed candle close + retest)
• SL: Below 147.30
• TP: 148.90 / 149.60
• RR: ~1:2.5
• Indicators: RSI showing strong upside momentum, holding above 50
🧠 Fundamentals + Macro Confluence
• USD Strength: Strong macro & delayed rate cuts support USD upside
• JPY Weakness: BOJ remains dovish; risk-on sentiment weighing on JPY
• COT + Conditional Score: USD score increased to 17, JPY dropped to 8
• Risk Sentiment: VIX at 14.2 = RISK ON → bearish JPY bias
🧭 Gameplan
“Wait for confirmation above resistance before entering”
🔔 Set alerts around 147.90 and monitor lower timeframes for retest and bullish candle structure.
USDJPY 30Min Engaged (Bullish Reversal Entry Detected )➕ Objective: Precision Volume Execution
Time Frame: 30-Minute Warfare
Entry Protocol: Only after volume-verified breakout
🩸 Bullish Reversal : 147.450
➗ 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.
XAU/USD | Next Key Zone: Watch for Rejection at $3334! (READ)By analyzing the gold chart on the 4-hour timeframe, we can see that, just as expected, the price dropped from $3310 to $3288 in the first leg, where it hit a demand zone and bounced up to $3305, delivering a 170-pip rally. The main bearish move from $3333 to $3288 yielded 450 pips, bringing the total return on this analysis to over 620 pips!
In the second phase, gold dropped sharply again to $3268, and once more found demand, currently trading around $3307. If the price holds above $3294, we could expect further upside toward the $3322–$3334 zone. Once gold reaches this area, a strong bearish rejection is likely, with a potential return of 250 to 400 pips.
All key supply and demand levels are marked on the chart — make sure to monitor them closely and study the chart in detail. Hope you’ve made the most of this powerful analysis!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
USDJPY 30Min Engaged (Buy & Sell Reversal Entry's Detected )Time Frame: 30-Minute Warfare
Entry Protocol: Only after volume-verified breakout
🩸Bullish Reversal - 148.750
🩸Bearish Reversal - 150.100
➗ 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: Fifth Wave Target in SightUSD/JPY is painting a textbook five-wave impulse structure from the recent lows, and we're now positioned for what could be the final act of this motive sequence.
Current Wave Count
✅ Waves 1-3 Complete: Clean impulsive structure with wave 3 showing strong extension
✅ Wave 4 in Progress: Currently correcting from the 150.94 high
🎯 Wave 5 Setup: Targeting completion around 151.95 - 152.20
Key Levels to Watch
Support Zone: 150.00 area (ideal wave 4 retracement)
This aligns with wave principle fourth-wave correction parameters
Provides a healthy pullback without threatening wave 1 overlap
Target: 151.95 - 152.20 zone for wave 5 completion
Classic 5 vs 1+3 projection
Trade Strategy
Monitor for supportive price action near 150.00
Look for an impulsive price action to confirm wave 5 beginning
Structure suggests one more leg higher before a larger correction
The beauty of Elliott Wave: when the count is this clean, the roadmap becomes crystal clear. Let's see if USD/JPY delivers this final push to complete the sequence.
Today’s Opportunity: Stay Sharp on GBPJPY!Hey friends,
Here's my latest analysis on GBPJPY.
📌 Buy Entry Zone: 197.590 - 197.336
🎯 Target Level: 198.642
📅 Today, major economic data will be released from the U.S.
Make sure to factor this into your fundamental analysis.
📊 It’s not just about the charts—fundamentals matter too.
Technical + Fundamental = Powerful outcomes ✅
💬 Every like and bit of support keeps me going.
Thanks so much to everyone backing this journey! 🙌
USDJPY Analysis : Key Reversal Zone After Parabolic Rally🧠 Market Psychology & Structure
The USDJPY 4-hour chart reveals a classic parabolic curve pattern signifying an acceleration phase in bullish momentum. This phase typically occurs during the final stages of a bullish move, where price action becomes increasingly steep due to aggressive buyer participation.
The rounded curve drawn on the chart reflects momentum compression—where pullbacks become shallower, and higher highs are formed rapidly. However, this pattern often ends in a blow-off top or a sharp correction, especially when approaching key supply zones.
🧩 Key Technical Highlights
Major Break Zone: The previous resistance around 148.80–149.00 (now flipped to support) was clearly broken with strong bullish candles, confirming trend continuation.
Break Out Demand : Price retested the breakout zone (around 149.80–150.00) before launching higher, validating this level as a new demand zone.
Current Price Action: The pair is currently hovering around 150.50 after a powerful rally, showing early signs of exhaustion with smaller bullish candles and slight upper wicks.
🔍 Target Area – Next Reversal Zone (151.80–152.30)
The green highlighted zone marks a strong supply area / reversal zone, identified from:
Previous price rejections in historical data.
Overbought conditions due to vertical rally.
Completion of the parabolic structure (climax zone).
We can expect price to reach this zone in the coming sessions, where it may:
Face strong selling pressure.
Trigger short positions from institutional sellers.
Lead to distribution or reversal back toward the demand area near 150.00.
🔄 Forecast & Trade Plan
Scenario 1 (High Probability): Price taps into 151.80–152.30, forms bearish engulfing or rejection wick, then pulls back to 150.00 or lower.
Scenario 2 (Invalidation): Strong breakout above 152.30 with momentum—bullish continuation towards 153.00+ possible.
🧠 Trader’s Mindset (MMC Insight)
This chart suggests a matured bullish trend nearing exhaustion. As smart traders, we anticipate rather than react. Wait for the price to reach the supply zone, then observe for confirmation (bearish structure, divergence, candlestick pattern) before shorting.
Avoid chasing longs at these highs—risk-to-reward is no longer favorable. Patience will offer a much cleaner entry if the reversal unfolds as expected.
DeGRAM | USDJPY fixed above the descending channel📊 Technical Analysis
● Dollar-yen has punched through the 16-month descending channel top and twice retested it as support (false-break tags), carving a rising trend line that now guides price away from 144.90.
● Inside the break zone a smaller pennant is forming; a 4 h close above 147.18 completes the pattern and activates the channel-height target at 150.80 near the November swing cap.
💡 Fundamental Analysis
● US 2-yr yields pushed to a three-month high after hotter CPI core-services and Barkin’s “inflation progress has stalled”, while the BoJ July minutes flagged only “gradual” QT—widening the policy gap and reviving carry demand for yen shorts.
✨ Summary
Long 145.2-146.2; pennant break >147.18 targets 150.80. Bias void on a 4 h close below 142.80.
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Bearish reversal off overlap resistance?USD/JPY is rising towards the pivot, which has been identified as an overlap resistance and could drop to the 1st support.
Pivot: 151.17
1st Support: 149.03
1st Resistance: 154.51
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USDJPY: The Fed & BOJ Likely To Keep Rates In Place. Buy It!Welcome back to the Weekly Forex Forecast for the week of July 28 - Aug 1st.
In this video, we will analyze the following FX market:
USDJPY
The FED and BOJ are expected to keep their perspective interest rates, come Wednesday. The USD is stabilizing, a US-Japanese tariff deal inked, and investors are slowing moving money from the Yen safe haven to riskier assets.
Look for USDJPY to slowly move higher.
Enjoy!
May profits be upon you.
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I appreciate any feedback from my viewers!
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Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
USDJPY I Technical and Fundamental Analysis Welcome back! Let me know your thoughts in the comments!
** USDJPY Analysis - Listen to video!
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USD_JPY RESISTANCE AHEAD|SHORT|
✅USD_JPY is going up now
But a strong resistance level is ahead at 151.232
Thus I am expecting a pullback
And a move down towards the target of 150.368
SHORT🔥
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
BoJ keep interest rate unchanged, yen weakeningFollowing the July meeting, the BoJ maintained its interest rate at 0.5%, citing prevailing uncertainties from trade tariffs. Concurrently, the BoJ revised its inflation forecast upward to 2.7% YoY from 2.2%. The central bank's language on economic uncertainty has become less pessimistic, downgrading trade policy risks from "extremely high" to "high uncertainties remain," which signals a growing, albeit cautious, confidence in the economic outlook.
In the US, the June PCE surged to 2.6% YoY, surpassing the 2.5% prev. cons. The increase was attributed to tariff impacts, with Goods prices rising 0.4% MoM, the fastest pace since January, while Services prices held steady at 0.2% MoM.
The higher-than-expected US PCE data and the BoJ's decision to hold interest rates have continued to drive further appreciation of the USDJPY.
USD/JPY Technical Analysis
The USD/JPY pair is trading above its EMAs extensions, signaling a continuation of the bullish momentum. The price has successfully breached the ascending resistance trendline. However, the RSI is in overbought territory, suggesting that the current rally may be extended, and a potential pullback could be imminent.
The pair could continue to test the resistance level at 151.367. Should it fail to break this level, a rebound could see the USD/JPY pair test the support at 149.65.
By Van Ha Trinh - Financial Market Strategist at Exness
DXY USDOLLAR CRASH Incoming!Long-term fundamentals are bearish
Long-term sentiment = bearish
Long-term technicals = bearish
Trump wants a weaker dollar + FED injecting endless amounts of cash into the markets
driving stocks/ gold up, and the dollar down, losing purchasing power.
My plan is to look for shorts on the 1hr-4hr timeframe with lower timeframe confirmation.
Once price starts turning over, day-traders can join in.
Agree or disagree?






















