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USD/JPY) Bearish trend analysis Read The captionSMC Trading point update Technical analysis of USD/JPY – 1H SMC Outlook 1. Market Context – Bearish Framework Price is trading inside a descending channel, creating: Lower highs Lower lows This indicates a macro bearish trend and a high probability that rallies into premium areas will be sold. Your trendlines confirm: Market respecting upper trendline as dynamic supply. Lower boundary acting as long-term liquidity pool. --- 2. Current Price Action – Corrective Rally Recent bullish push looks corrective, not impulsive: Pullback into imbalance (FVG) Respecting 50 EMA / under 200 EMA Weak momentum compared to prior sell legs This supports the idea of reaction + continuation lower. --- 3. Supply + FVG Confluence (Main POI) The blue box marks a strong supply/FVG zone around: 155.45 – 155.65 Confluences: Imbalance fill Previous supply zone Structure mitigation level Upper trendline touch 200 EMA overhead This is a premium zone for shorts. --- 4. Liquidity Perspective There is resting liquidity: Above POI Enough liquidity to fuel a sharp rejection Expect a wick into supply (sweep) Below price Equal lows / clean structure at 154.08 Major liquidity magnet This supports a sell-side target. --- 5. Expected Price Behavior (Base Case) Ideal flow (as drawn on chart): 1. Price taps into FVG + supply 2. Rejection with displacement 3. Lower high forms 4. Expansion sell-off 5. Sweep of downside liquidity Primary target: 154.087 Extended target (channel low): 153.60 – 153.30 --- 6. Entry Plan (If Trading This) Entry: 155.45 – 155.65 (FVG/Supply zone) Stop: Above rejection wick 155.90 – 156.05 depending on aggressiveness Targets: 1. 154.70 (partial) 2. 154.08 (model target) 3. 153.60 (runner) R:R potential: 1:3 to 1:6 --- 7. Validations & Confirmations Lower time frame confirmation (5–15m): Look for: CHoCH / BOS bearish Rejection wick at POI FVG left behind Market structure shift This will filter weak entries. --- 8. What Can Invalidate the Setup? Bullish continuation invalidates if: Price breaks and holds above 156.00 Strong bullish displacement closes above trendline FVG fails to reject This would imply accumulation, not distribution. Until then, bearish bias remains valid. Mr SMC Trading point --- Overall Thesis This is a textbook corrective pullback into premium prices inside a downtrend: Trend: bearish Structure: lower highs Context: corrective rally POI: supply + FVG + trendline Target: liquidity below Bias: Short from premium → sell-side liquidity Very clean setup. --- Please support boost 🚀 this analysis
Short
by SMC-Trading-Point
2
USDJPY FRGNT WEEKLY FORECAST - Q4 | W50 | Y25 |📅 Q4 | W50 | Y25 | 📊 USDJPY FRGNT WEEKLY FORECAST 🔍 Analysis Approach: I’m applying Smart Money Concepts, focusing on: Identifying Points of Interest on the Higher Time Frames (HTFs) 🕰️ Using those POIs to define a clear trading range 📐 Refining those zones on Lower Time Frames (LTFs) 🔎 Waiting for a Break of Structure (BoS) for confirmation ✅ This method allows me to stay precise, disciplined, and aligned with the market narrative, rather than chasing price. 💡 My Motto: "Capital management, discipline, and consistency in your trading edge." A positive risk-to-reward ratio, paired with a high win rate, is the backbone of any solid trading plan 📈🔐 ⚠️ Losses? They’re part of the mathematical game of trading 🎲 They don’t define you — they’re necessary, they happen, and we move forward 📊➡️ 🙏 I appreciate you taking the time to review my Daily Forecast. Stay sharp, stay consistent, and protect your capital — FRNGT 🚀 FX:USDJPY
Short
by JCFRGNT
USD/JPY 4H Analysis — Potential Breakout SetupUSD/JPY has been trending inside a descending channel since late November, making consistent lower highs and lower lows. Current price is testing the upper channel resistance near 155.35–155.50, and the SMA (9) is flattening toward SMA (20) — indicating weakening bearish momentum. 🔥 Trade Bias: Neutral → Bullish Above 156.00 🔍 Key Levels: Resistance: 156.00 – 156.20 (Breakout Zone) Minor Support: 155.00 Major Support: 154.60 – 154.40 (Channel Bottom) 📈 Bullish Scenario: Break & candle close above 156.00 triggers bullish momentum. Upside Targets: 156.50 157.20 158.00 📉 Bearish Scenario: Price rejection from the channel top may push price lower toward: 155.00 154.60 154.40 (Bounce Zone) 📊 Indicators: Price stuck at upper trendline → decision zone SMA 9 approaching SMA 20 → momentum shift Volume likely to spike on breakout 🧭 Trade Plan (Clear & Simple): Buy Only Above: 156.00 (confirmation candle) Sell Only Below: 154.60 (channel break) ⚠️ Risk Note: Upcoming U.S. economic events may trigger volatility — trade with SL.
Short
by forexinworld
USDJPY – Bearish Structure Continuation Setup (1H)FX:USDJPY As long as price remains below the upper bearish trendline, rallies are likely corrective, not continuation. Market zone at 157.144 remains the failed breakout range, indicating distribution rather than accumulation. If rejection forms near the intraday supply zone, the next impulsive wave downward becomes more probable. Key Scenarios 🔴 Bearish Case (Primary Bias) From 155.50 → 155.00 zone rejection 🎯 Target 1 → 154.400 🎯 Target 2 → 153.600 🎯 Swing Target → 152.819 major demand Trend invalidation only if price breaks and sustains above 157.144. 🔵 Bullish Case (Low-probability) Break & hold above 157.144 → Upside continuation to 157.857, liquidity test region. 🟢 Current Levels to Watch Resistance: 157.144 / 157.857 Intraday Rejection Zone: 155.200–155.500 Support / Final Target: 152.819 ⚠️ Educational analysis — not financial advice.
Short
by Elise-Golden-Sparks
USDJPY is bullish - buy nowUSDJPY has been in a very clear uptrend for the last few weeks and has been for a while! It is currently inside an upward channel and has recently broken the last major resistance zone which means it is extremely likely to keep heading to the upside for much longer (just a very minor resistance level which is causing slight delays for its bullish movements). The next target will be the fibonacci extension zone which is shown on the chart. USDJPY has struggled to break below support but has constantly been breaking through resistance levels. Time to buy USDJPY now.
Long
by VIPindicators
USDJPY 30m – Rejection Zone Formed, Bearish Reaction Expected📌 USDJPY 30 Mins Detailed Analysis 1️⃣ Market Structure Overview On the USDJPY 30-minute timeframe, the price has pushed into a major supply zone, highlighted in green. This area represents a strong historical reaction zone where sellers previously stepped in aggressively. The recent bullish move attempted to break above this zone but failed, showing exhaustion. 2️⃣ Volume Burst – Strong Clue of Seller Activity Inside the green zone, we can clearly see a Volume Burst label. This indicates: Sudden increase in volatility Aggressive orders hitting the market Smart money activity (institutional selling pressure) Volume spikes in a supply zone typically signal the beginning of a potential reversal. 3️⃣ Retesting Confirmed (Weak Buyers) The blue line inside the zone shows a retesting area. Price tapped this level again, forming: Small-bodied candles Wick rejections Slow upward momentum This behaviour suggests buyers are losing strength, while sellers are preparing to dominate. 4️⃣ Pattern Must Zone – Key Reversal Trigger The “Pattern Must” label indicates the exact point where structure must break to confirm a bearish move. If price: Fails to close above this area Shows rejection wicks Forms a bearish engulfing ➡️ A downward continuation becomes highly probable. 5️⃣ Expected Move (Bearish Projection) The arrow drawn on your chart suggests the next likely scenario: Price retests the supply zone Bears regain control Market starts pushing downward toward lower demand zones This aligns with the weak retest and heavy selling momentum detected earlier. 6️⃣ Trade Idea (For Educational Purposes Only) Bias: Bearish Reason: ✔ Major Supply Zone ✔ Volume Burst ✔ Failed bullish continuation ✔ Retest rejection Confirmation: Wait for bearish candle patterns or break of minor structure. 📌 Conclusion USDJPY is showing strong signs of a potential short reversal from a high-volume supply zone. The market lost bullish strength after retesting the zone, hinting a bearish continuation move on the 30-minute chart. This is a high-probability setup for traders following: Smart Money Concepts Supply & Demand Volume-Based Reversals Intraday Trend Setups
Short
by GoldMasterTrades
USDJPY - time to buy nowUSDJPY has been in a very clear uptrend for the last few weeks and has been for a while! It is currently inside an upward channel and has recently broken the last major resistance zone which means it is extremely likely to keep heading to the upside for much longer (just a very minor resistance level which is causing slight delays for its bullish movements). The next target will be the fibonacci extension zone which is shown on the chart. USDJPY has struggled to break below support but has constantly been breaking through resistance levels. buy USDJPY now.
Long
by VIPindicators
USD/JPY) Bearish trend analysis Read The captionSMC Trading point update Technical analysis of USD/JPY 1H chart and the exact trade logic behind your idea: --- Market Structure Overall structure is bearish: Clear lower highs Clear lower lows Price is moving inside a descending channel → confirms trend continuation to the downside. --- EMA Analysis EMA 50 ≈ 155.10 EMA 200 ≈ 155.57 Price is currently: Below EMA 200 Retesting EMA 50 from below → This confirms bearish market control. --- Key Supply Zone + FVG (Blue Box) The marked zone around 155.55 – 155.75 is: Previous breakdown area Fair Value Gap (FVG) EMA 200 resistance Trendline resistance This zone is a high-probability sell area. --- SMC Logic We have: 1. Strong bearish impulse 2. Pullback into FVG + Supply 3. Liquidity resting above 4. Expected rejection after mitigation This is a textbook SMC Sell Setup after retracement. --- Trade Idea (Based on Your Chart) Sell Setup Sell Zone: 155.55 – 155.75 Stop Loss: Above 156.05 Target 1: 154.60 Final Target: 154.08 (your marked target) Risk : Reward: Approx 1:3+ --- Projected Price Path Small push into supply Liquidity grab above zone Strong impulse drop Final dump toward 154.08 liquidity --- Invalidation This setup is invalid if: H1 candle closes above 156.05 Or price breaks above the descending channel Mr SMC Trading point --- Final Verdict Trend: Bearish Structure: Lower Highs / Lower Lows Entry: Supply + FVG + EMA 200 Target: 154.08 Bias: SELL on retracement --- Please support boost 🚀 this analysis
Short
by SMC-Trading-Point
6
USD/JPY Price Outlook – Trade Setup📊 Technical Structure FX:USDJPY USD/JPY is trading around 155.00, struggling to break above the 155.05–155.18 Resistance Zone, where repeated rejections continue to maintain a short-term bearish bias. Price remains capped beneath this ceiling, with bearish wicks showing supply pressure. The structure favours a pullback as long as price stays below 155.18. A clean hourly close above this level would invalidate the setup and indicate deeper recovery potential. On the downside, the 154.43–154.56 Support Zone remains the next magnet if rejection continues. 🎯 Trade Setup (Sell Bias) Entry: 155.05 – 155.18 Stop Loss: 155.30 Take Profit 1: 154.56 Take Profit 2: 154.43 Risk–Reward Ratio: Approx. 1 : 2.23 Bearish idea remains valid as long as USD/JPY stays below 155.18. A breakout and hourly close above this level invalidates the trade. 🌐 Macro Background USD/JPY remains trapped in narrow consolidation on Friday, but the broader macro backdrop still favors JPY strength. Despite weak Japanese Household Spending falling 2.9% YoY, the market remains focused on rising expectations for a BoJ rate hike, supported by Governor Ueda’s recent hawkish remarks. Elevated Japanese government bond yields—10-year JGBs at the highest levels since 2007 and 20-year yields near 1999 highs—continue to narrow the rate differential and attract JPY buying. Meanwhile, the US Dollar struggles to extend its rebound, even after upbeat US labor market data, as traders expect the Federal Reserve to cut rates next week. Fed expectations remain firmly dovish, marking a significant contrast to the BoJ’s tightening bias, keeping upward pressure on the Yen. Traders remain cautious ahead of the US PCE inflation report, which will act as a key driver for both USD volatility and short-term direction in USD/JPY. Overall, diverging policy expectations—BoJ hawkish vs. Fed dovish—maintain a bearish macro tone for USD/JPY. 🔑 Key Technical Levels Resistance Zone: 155.05 – 155.18 Support Zone: 154.43 – 154.56 Invalidation Level: 155.30 Downside Targets: 154.56, 154.43 📌 Trade Summary USD/JPY continues to face resistance around 155.18, holding a bearish intraday structure. The preferred approach is to sell rallies into the resistance zone, targeting a continuation toward 154.43–154.56. A move above 155.30 cancels the idea and signals a shift in momentum. ⚠️ Disclaimer This analysis is for reference only and does not constitute trading advice. Trading involves significant risk, and proper risk management is essential.
Short
by ATFX_Global
Fundamental Market Analysis for December 5, 2025 USDJPYThe pair holds below 155.500 amid rising expectations that the Bank of Japan may be moving closer to steps toward policy normalization, while market participants are counting on a Fed rate cut as early as December. The rise in Japanese government bond yields and signs that the regulator is becoming more sensitive to domestic inflation strengthen support for the yen. The decline in the expected U.S.–Japan yield premium narrows the differential and makes long dollar positions less attractive. An additional factor is the global cooling of the dollar, which reduces pressure on Asian currencies. If the current news backdrop persists, the probability of further yen strengthening remains elevated, and attempts at upward pullbacks in USDJPY typically meet supply. The main risks are a possible reassessment of Fed expectations toward a more cautious pace of cuts and sudden signals from the Bank of Japan in favor of a pause. Nevertheless, the balance of fundamental factors still favors a decline in the pair. Trading recommendation: SELL 155.050, SL 155.350, TP 154.200.
Short
by Fresh-Forexcast2004
USDJPY – 1H | Bearish Continuation Setup from Rejection TrendlinFX:USDJPY If price loses 91,868 support, bearish continuation could accelerate into the liquidity pocket below. First major reaction expected near 86,531, while a deeper sell-side target sits toward 80,524 if liquidity flush extends. Key Scenarios 📉 Bearish Case (Primary Setup) Break + retest below 91,868 → 🎯 Target 1: 86,531 🎯 Target 2: 80,524 (deep liquidity sweep) 📈 Invalidation / Bullish Flip Sustained close above 94,200 = failed distribution → further upside. Current Levels to Watch Resistance 🔴: 93,500–94,200 Support 🟢: 91,868 (break = sell continuation) Main target: 86,500 → extension 80,524 ⚠️ Disclaimer: This is a market study only, not financial advice
Short
by Elise-Golden-Sparks
1
USDJPY - buy nowUSDJPY has been in a very clear uptrend and has been for a while! It is currently inside an upward channel and has recently broken the last major resistance zone which means it is extremely likely to keep heading to the upside for much longer (just a very minor resistance level which is causing slight delays for its bullish movements). The next target will be the fibonacci extension zone which is shown on the chart. USDJPY has struggled to break below support but has constantly been breaking through resistance levels. buy USDJPY now.
Long
by VIPindicators
USDJPY | H4 | OutlookLooking at USDJPY I’ve noticed that price has finally broken out of the previous strong uptrend and broke below 156.xxx and pushed down to around 155.xxx before going back to retest the 156.xxx level thus giving us a new resistance at our previous 156.xxx level. Looking forward I can expect that once price breaks bellow 155 and closes bellow that level I’ll be looking for new bearish opportunities to ride out all the way to my next expected major support at around 149.xxx.
Short
by mosa_moshka
USDJPY SHORT setupUJ was creating HH's and HL's until 157.750, then it failed to make new highs and created a double top. Price broke below the support creating a new low. Since then price has been creating LH's and LL's. I'm looking for sells when it goes back below 155.650 on New York session. *I'm well aware that the overall daily trend is bullish and this could just be a correction to go higher, that's why SL is placed above the last LH, where my bias will be invalidated.
Short
by FlyFlamingo2001
2
USDJPY H1 | Bearish Reaction Off Key ResistanceMomentum: Bearish Price is currently within the bearish ichimoku cloud. Sell entry: 155.967 - Strong pullback resistance - 78.6% Fib retracement - 127.2% Fib extension Stop Loss: 156.459 - Swing high resistance Take Profit: 155.517 - Overlap support High Risk Investment Warning Stratos Markets Limited (tradu.com/uk ), Stratos Europe Ltd (tradu.com/eu ): 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. Stratos Global LLC (tradu.com/en ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. 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. 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 TFA Global Pte Ltd.
Short
by Tradu
USDJPY D11️⃣ Market Structure USDJPY remains in a long-term uptrend, moving inside a clearly defined ascending channel. Recently, price broke below the midline of the channel, indicating bullish exhaustion. Current candle shows a corrective pullback upward, but still below previous highs → lower high formation likely. 2️⃣ Key Levels Resistance Zones 157.46 – 157.87 → Major supply zone marked on your chart This is where liquidity sits, and where price could make a fakeout before reversing. Support Zones 151.00 area → 0.618 retracement 149.00 area → 0.786 retracement 148.00 – 147.50 → deep correction zone (0.90 level) These align well with typical pullback depths in a trending market. 3️⃣ Expected Move (Based on Your Projection) Your chart suggests: ✔️ A possible pullback up to ~157.0–157.4 ✔️ Then a strong bearish reversal ✔️ Targeting 151.00 first (0.618) ✔️ With potential extension to 149.00–148.00 This aligns with: Channel midline break Bearish divergence near the top Loss of bullish momentum 4️⃣ Technical Bias 📌 Bias: Bearish Reversal Pending As long as USDJPY remains below 157.80, bearish scenario is valid. A retest of the previous supply zone is likely before the drop.
Short
by Winlouh
USDJPY - Time to buy nowUSDJPY Is in a very clear uptrend and has been for a while! It is currently inside an upward channel and has recently broken the last major resistance zone which means it is extremely likely to keep heading to the upside for much longer (just a very minor resistance level which is causing slight delays for its bullish movements). The next target will be the fibonacci extension zone which is shown on the chart. USDJPY has struggled to break below support but has constantly been breaking through resistance levels. buy USDJPY now.
Long
by VIPindicators
USDJPY H1 | Bearish Reaction Off Pullback SupportMomentum: Bearish Price is currently below the ichimoku cloud. Sell entry: 155.958 - Strong pullback resistance - 50% Fib retracement - 78.6% Fib projection Stop Loss: 156.426 - Multi-swing high resistance Take Profit: 155.344 - Swing low support High Risk Investment Warning Stratos Markets Limited (tradu.com/uk ), Stratos Europe Ltd (tradu.com/eu ): 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. Stratos Global LLC (tradu.com/en ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. 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. 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 TFA Global Pte Ltd.
Short
by Tradu
1
Fundamental Market Analysis for December 2, 2025 USDJPYThe yen receives targeted support on expectations that the Bank of Japan may discuss the possibility of a rate increase at an upcoming meeting, while in the U.S. the case for a December Fed rate cut strengthens due to weak manufacturing dynamics. This shift in monetary-policy balances narrows the yield differential in favor of the yen and limits USDJPY’s upside potential despite ongoing volatility in global bonds. An additional factor comes from Japan’s government-bond market: rising JGB yields to multi-year highs point to normalization in the price backdrop and the regulator’s readiness for a more flexible approach. On the U.S. side, weak survey data for manufacturing and a higher probability of a rate cut weigh on the dollar, while lower real yields diminish interest in dollar safe-haven assets. Risk factors for the short include verbal interventions that may temporarily influence the exchange rate and a sudden shift in Fed rhetoric toward holding rates without clear forward guidance. Nevertheless, given current expectations for the Fed and cautious “Japanese normalization,” the probability of moderate yen strengthening in the near term is seen as higher than the risk of a strong dollar-positive impulse. Trade recommendation: SELL 155.650, SL 155.800, TP 154.900
Short
by Fresh-Forexcast2004
USDJPY Sell SetupTechnical Context Break of Structure → Price broke last week’s low at 155.64, extending down to 154.70, confirming bearish momentum. Supply Zone Retest → Price is now retesting the 155.40–155.70 supply zone on the 1H chart, offering a potential short entry area. 🎯 Trade Plan 🎯 Entry : 155.50 (below supply zone, 1H) Stop Loss : 155.72 (above supply zone, 1H) Target : 154.95 (above demand zone, 1H) Risk–Reward: ~3.5x ⚠️ Disclaimer ⚠️This journal entry is for educational and documentation purposes only. It does not constitute financial advice or a recommendation to trade. All trading involves risk, and past performance does not guarantee future results. Always conduct your own analysis and consult with a licensed financial professional before making trading decisions.
Short
by Phoenix-Rise-Trade
USD/JPY Price Outlook – Trade Setup📊 Technical Structure FX:USDJPY USD/JPY remains under pressure within a clear downtrend, capped by a descending trendline from recent highs. The pair has bounced off the 155.21–155.39 support zone, but any recovery is still unfolding below the key 156.08–156.27 resistance zone, where prior demand has turned into supply. The chart shows a bearish continuation structure: Resistance zone: 156.08 – 156.27 Support zone / target area: 155.21 – 155.39 As long as price remains below the descending trendline and 156.27, rallies into the resistance band are likely to attract sellers, with downside potential back toward the 155.39–155.21 support area. A 1H/4H close above 156.27 would warn that the bearish structure is breaking and could open the way toward 156.60+. 🎯 Trade Setup Idea: Sell rallies into resistance, targeting a move back toward the 155.49–155.27 support zone. Entry: 156.08 – 156.27 Stop Loss: 156.35 Take Profit 1: 155.39 Take Profit 2: 155.21 Risk–Reward Ratio: ≈ 1 : 2.64 Bias stays bearish while price holds below 156.08–156.27 on a closing basis. A sustained break above 156.27 would invalidate the short setup and call for a reassessment. 🌐 Macro Background According to FXStreet, the Japanese Yen retains a bullish bias as comments from BoJ Governor Kazuo Ueda reinforced expectations for an imminent rate hike. Ueda signalled that if growth and inflation evolve as expected, the BoJ remains on track to raise rates further, pushing Japanese government bond yields to their highest levels in years and narrowing the rate gap versus other major economies. This supports the JPY and weighs on USD/JPY. At the same time, the US Dollar has slipped to a nearly two-week low as markets increasingly accept that the Federal Reserve will cut rates again in December. Recent dovish remarks from several Fed officials, combined with softer US data, have strengthened rate-cut bets and pressured the USD, adding to the downside bias in USD/JPY. Japan’s data backdrop is also mildly supportive for the Yen: Capital Spending has risen for a third straight quarter (though at a slower pace), Composite PMI sits at 52.0, pointing to modest private-sector expansion, The government pledges prudent fiscal management while monitoring rates. Overall, hawkish BoJ expectations + dovish Fed pricing + softer risk tone favour further downside in USD/JPY, aligning with the bearish technical setup. 🔑 Key Technical Levels Resistance zone: 156.08 – 156.27 Support zone: 155.21 – 155.39 Invalidation level (bears): 156.35 📌 Trade Summary USD/JPY remains locked in a downtrend beneath a descending trendline, with sellers defending the 156.08–156.27 resistance zone. As long as this ceiling holds, the strategy favours selling rallies into resistance and targeting the 155.39–155.21 support band. Divergent policy expectations—BoJ turning more hawkish while the Fed leans dovish—continue to support the bearish view on USD/JPY, though upcoming US data (ISM, later NFP/ISM services, etc.) could inject short-term volatility. ⚠️ Disclaimer This analysis is for reference only and does not constitute trading advice. Trading involves significant risk, and proper risk management is essential.
Short
by ATFX_Global