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USD/JPY) Bearish trend analysis Read The captionSMC Trading point update Technical analysis of USD/JPY on the 4H timeframe, built on Smart Money Concepts (SMC) principles, Fibonacci retracement, and liquidity structure. Let’s break down the full trading idea and logic 👇 --- Overall Concept The idea shows a retracement sell setup, where price is expected to pull back into a premium zone (Fibonacci 0.62–0.79) before resuming a bearish move toward the target zone near 150.928. This aligns with a potential distribution phase after a strong bullish rally. --- Technical Breakdown 1. Market Structure The market broke below the recent higher low → signaling a shift in structure from bullish to bearish. The move up into the blue zone is considered a pullback for liquidity grab or supply zone mitigation before continuation down. 2. Key Levels Current Price: 153.428 50 EMA: 153.346 → price is currently retesting around this dynamic resistance. 200 EMA: 151.572 → next potential support area and confluence with the target zone. Premium Zone (Fibonacci): 0.62–0.79 levels between 153.90–154.20 — expected sell area. Target Zone: 150.928 – key demand zone and previous liquidity area. 3. Fibonacci Confluence The retracement tool from swing high → swing low shows price is expected to retest the 0.62–0.79 levels, which is a smart money premium zone for short entries. 4. Expected Price Action 1. Short-term retracement up into the blue supply zone (0.62–0.79). 2. Bearish reaction and rejection candle formation (e.g., engulfing or long wick). 3. Continuation downward to take liquidity resting below 151.00 and fill imbalance into the 150.928 target area. 5. Volume & Confirmation Moderate volume (24.5K) aligns with a retracement phase before a possible impulsive drop. Watch for bearish divergence or rejection wicks in the premium zone for confirmation. --- Trade Idea Summary Aspect Detail Bias Bearish Entry Zone 153.90 – 154.20 (Fibonacci 0.62–0.79 / supply zone) Stop Loss Above 154.40 (above structure high) Take Profit 150.92 (demand zone target) Risk-to-Reward (RR) ≈ 1:3 or better Mr SMC Trading point --- Confirmation to Watch Rejection candles or bearish engulfing patterns near 154.00 Price failing to break above EMA50 or upper structure Momentum shift on lower timeframe (M15–H1) confirming entry trigger --- Summary USD/JPY shows signs of a bearish correction phase, with price expected to retest premium levels before dropping toward 150.92. The setup is supported by a structure break, Fibonacci confluence, and EMA alignment suggesting downside continuation. --- please support boost 🚀 this analysis
Short
by SMC-Trading-Point
1
USDJPY Signs of Exhaustion Near 155 as Yen Sentiment TurnsUSDJPY is showing early signs of fatigue near the 155.00 resistance area, a level that has repeatedly triggered warnings from Japanese officials. After an impressive multi-week rally driven by yield differentials, the pair now faces growing pressure as U.S. rate expectations cool slightly and speculation builds that the Bank of Japan may step in to curb excessive yen weakness. The chart suggests room for a pullback toward the 150.00 zone if the market shifts into a short-term correction phase. Current Bias Mildly bearish in the near term, with potential for a correction from 154.50–155.00 toward 150.00 if yields or risk sentiment soften. Key Fundamental Drivers U.S. Dollar Drivers: The dollar’s momentum has eased after a mixed batch of U.S. data showing slowing job growth and cautious comments from Fed officials about the pace of future rate cuts. Japanese Policy Outlook: The BOJ remains under quiet but rising pressure to acknowledge persistent inflation and the side effects of prolonged easing. Markets are watching for any language signaling the eventual normalization of policy. Yield Spreads: The U.S.–Japan 10-year yield differential remains wide but has stopped expanding, which could limit further USDJPY upside. Macro Context The macro backdrop points to a potential cooling phase for USDJPY. The Fed’s gradual pivot toward rate normalization and lower long-end yields reduce upward pressure on the pair. Meanwhile, Japan’s inflation remains above target, and wage growth is improving, adding weight to the argument for a modest policy shift by the BOJ in early 2026. On the geopolitical front, lingering trade tensions and tariff rhetoric continue to influence sentiment. However, the yen’s traditional role as a safe-haven currency means any escalation in global risk aversion or equity volatility could trigger sharp JPY strength. Interest rate expectations: Fed: Market pricing implies one rate cut possible in mid-2026 if inflation slows sustainably. BOJ: Potential for policy tightening in 2026 remains on the radar, with minor adjustments likely before that. Primary Risk to the Trend A stronger-than-expected U.S. CPI print or hawkish Fed communication could renew dollar strength and push USDJPY back above 155. Conversely, verbal or actual BOJ intervention would quickly unwind speculative longs and drive the pair lower. Most Critical Upcoming News/Event U.S. CPI and PPI inflation data BOJ Governor Ueda’s policy commentary U.S. Treasury yield developments Leader/Lagger Dynamics USDJPY acts as a leader among JPY pairs, often setting the tone for crosses like GBPJPY and CADJPY. It follows broad U.S. dollar sentiment but can detach temporarily when Japanese policy expectations or intervention risk dominate. Key Levels Support Levels: 151.00 / 150.00 Resistance Levels: 154.50 / 155.00 Stop Loss (SL): 155.40 Take Profit (TP): 151.00 (initial), 150.00 (extended) Summary: Bias and Watchpoints USDJPY is nearing an exhaustion point after testing the upper boundary near 155. With U.S. yields stabilizing and the BOJ maintaining a cautious but firmer tone, the near-term setup favors a bearish correction toward 151.00–150.00. A stop loss above 155.40 protects against renewed dollar strength, while profit-taking near 150.00 captures potential downside momentum. Traders should keep an eye on Fed communications and BOJ rhetoric—any sign of tightening bias from Japan or yield pullbacks in the U.S. could accelerate yen recovery. In the meantime, this remains a market sensitive to intervention talk and sentiment swings, making disciplined risk management essential.
Short
by ultreosforex
18
USD/JPY) Bearish trend analysis Read The captionSMC Trading point update Technical analysis of USD/JPY, suggesting that price may retrace to a premium zone (Fibonacci + EMA confluence) before resuming its downtrend — targeting 152.36. Here’s the detailed breakdown --- Overall Idea The market has broken structure to the downside, confirming a bearish bias. The idea is that price will pull back into the Fibonacci retracement zone (0.5–0.79) for a lower-high formation, then continue falling toward the target zone near 152.36. --- Key Components 1. Market Structure The ascending trendline has been broken, signaling a shift in momentum from bullish to bearish. The price made a lower low, confirming bearish structure. The upcoming retracement is likely to form a lower high, completing the transition phase before the next impulse down. 2. Fibonacci Retracement Zone The blue box (0.5–0.79 levels) marks the optimal sell zone. It aligns with previous structure resistance and offers high confluence for short entries. The 0.705 retracement level sits around 153.8–154.0, where a rejection is expected. 3. EMA Confluence 50 EMA (153.736) and 200 EMA (153.385) are above current price and sloping downward. These act as dynamic resistance, adding confidence to the short setup if price retraces into that zone. 4. Projected Path Expected movement: 1. Small bullish retracement into 0.5–0.79 Fibonacci zone. 2. Rejection near EMA resistance. 3. Formation of a lower high. 4. Continuation to the downside toward 152.36 (target point). 5. Target Area The 152.36 zone aligns with the previous low (liquidity area) and a measured move extension, making it a strong downside target. Mr SMC Trading point --- Summary Market bias: Bearish continuation Setup type: Retracement sell / Trend continuation Sell zone: 153.70 – 154.00 (0.5–0.79 Fibonacci zone) Target point: 152.36 Confirmation: Bearish rejection candle or break below minor structure after pullback Invalidation: Break and close above 154.10 --- please support boost 🚀 this analysis
Short
by SMC-Trading-Point
6
USD/JPY Price Outlook – Trade Setup (6 Nov 2025)📊 Technical Structure FX:USDJPY USD/JPY trades around 153.85, consolidating beneath the Resistance Zone (154.07–154.24) after failing to sustain its rebound from the 153.00 level. The recent rejection near 154.20 indicates selling pressure returning at prior supply levels. The Support Zone lies between 152.88–153.04, which served as a strong demand base earlier this week. A confirmed breakdown below 153.50 could accelerate a retracement toward this area. Conversely, a sustained break above 154.30 would negate the bearish structure and resume the uptrend. 🎯 Trade Setup Idea: Short from resistance, targeting retest of key support zone. Entry: 154.07– 154.24 Stop Loss: 154.28 Take Profit 1: 153.04 Take Profit 2: 152.88 Risk–Reward Ratio: ≈ 1 : 5.72 A decisive hourly close above 154.28 invalidates the bearish setup. 🌐 Macro Background The Japanese Yen (JPY) strengthens modestly during Thursday’s Asian session, buoyed by revived BoJ rate hike bets, though upside momentum remains limited due to policy uncertainty. According to FXStreet’s Haresh Menghani, “The Japanese Yen attracts some buying as hopes for an imminent BoJ rate hike persist, though policy caution caps gains.” 【FXStreet】 BoJ Outlook: Minutes from the September BoJ meeting highlighted policymakers’ openness to raising interest rates, citing that the 2% inflation goal has been largely achieved. However, the central bank remains cautious amid external risks and weak global demand. Fiscal Context: Japan’s new Prime Minister Sanae Takaichi continues to favour aggressive fiscal spending, dampening expectations of rapid monetary tightening. USD Factors: The US Dollar remains firm after the ADP employment report showed 42,000 new private-sector jobs in October and ISM Non-Manufacturing PMI rose to an eight-month high, reinforcing the Fed’s hawkish bias. Shutdown Impact: The US government shutdown, now in its 36th day, clouds near-term data reliability and limits aggressive USD buying despite strong fundamentals. Overall, the Yen’s short-term strength is tempered by BoJ caution and global risk recovery, while the Fed’s hawkish stance continues to anchor USD/JPY above 153. Yet, with technical rejection from resistance and potential consolidation, a short-term corrective dip looks likely. 🔑 Key Technical Levels Resistance: 154.07 – 154.24 Support: 152.88 – 153.04 Psychological Level: 154.00 📌 Trade Summary USD/JPY is encountering resistance around 154.20 while forming lower intraday highs. The combination of BoJ rate speculation and Fed hawkish stability suggests a range-bound but corrective bias. The preferred setup is a short from 154.07–154.24, targeting a retracement to 153.00, provided price remains capped below 154.30. ⚠️ 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
USD/ JPY) Bullish trend analysis Read The captionSMC Trading point update Technical analysis of USD/JPY — anticipating a retracement followed by a strong upward continuation toward the target zone near 154.99. --- Overall Idea The analysis suggests that USD/JPY has shifted into a bullish structure, and the trader expects a pullback into the Fibonacci zone (demand area) before resuming the uptrend. --- Key Components 1. Market Structure The pair recently broke above short-term resistance, signaling bullish momentum. The expectation is for a retracement (correction) to form a higher low, followed by another impulsive bullish leg. 2. Fibonacci Retracement Zone The retracement box (0.5 – 0.79 Fibonacci levels) marks the potential buy zone. It aligns with the previous structure support and EMA confluence, strengthening the case for bullish continuation. The green arrow indicates the expected reversal point. 3. EMA Confluence The 50 EMA (153.757) and 200 EMA (153.278) lie within the Fibonacci zone. These act as dynamic support levels, ideal for an entry confirmation. The price currently sits above both EMAs, confirming the bullish trend. 4. Projected Move After a potential dip into the blue demand zone, the projection shows a sharp bounce toward the target point at 154.991. This target likely corresponds to: A previous supply/resistance zone, or A measured Fibonacci extension (1.0) of the previous swing. Mr SMC Trading point --- Summary Market bias: Bullish Entry zone: 0.5–0.79 Fibonacci retracement (≈ 153.75–153.25) Target: 154.99 Confirmation: EMA support + bullish rejection candle or break of minor structure Invalidation: Sustained break below 153.20 --- Please support boost 🚀 this analysis
Long
by SMC-Trading-Point
2
USD/JPY) Bullish trend analysis Read The captionSMC Trading point update Technical analysis of USD/JPY (U.S. Dollar / Japanese Yen) – Bullish Continuation Setup Timeframe: 1H (IC Markets) Concepts: Smart Money Concepts (SMC), Order Block (OB), Fibonacci Retracement, EMA Confluence --- Market Structure Overview The market is currently in a bullish structure, forming higher highs and higher lows. A retracement phase is underway after the last impulse leg upward. Price is expected to tap into the order block (OB) and discount zone for liquidity before resuming the uptrend. --- Key Technical Areas Discount/FVG Zone (Buy Area): Fibonacci retracement zone 0.5 – 0.79, overlapping with a bullish OB and liquidity pool. Zone between 152.700 – 152.300 highlighted as a potential long entry area (blue box). EMA Confluence: EMA-50 ≈ 153.84 EMA-200 ≈ 153.17 Both EMAs are near the retracement zone — adding dynamic support confirmation. Trendline Support: Diagonal trendline aligns with the OB, strengthening the buy reaction zone setup. --- Targets First Objective: Reclaim previous high around 154.300 Final Target Point: 155.509, completing the projected bullish leg Mr SMC Trading point --- Scenario Plan 1. Expect price to dip into OB zone (152.7–152.3). 2. Look for bullish confirmation (structure shift or bullish engulfing). 3. Target 155.509 as the main upside objective. --- Bias: > Bullish – Retracement to demand/OB zone likely before continuation toward new highs. --- please support boost 🚀 this analysis
Long
by SMC-Trading-Point
USD/JPY Pair Gains Ground at the Start of the New WeekThe FOREXCOM:USDJPY USD/JPY pair strengthened at the start of the new week and is holding near its highest level since February 14th. This upward bias is driven by the weakness of the Japanese Yen (JPY) and the strengthening of the US Dollar (USD). 1. Market Fundamental Factors A. Weakness in the Japanese Yen (JPY) - BoJ Uncertainty: The JPY remains weighed down as investors are uncertain about the timing of the Bank of Japan's (BoJ) next interest rate hike. - Fiscal Policy: Speculation that Japan's new Prime Minister, Sanae Takaichi, will pursue aggressive fiscal spending plans and resist policy tightening overshadowed strong Tokyo consumer inflation data. - Global Sentiment: The optimistic mood in global financial markets undermines the JPY's status as a safe-haven asset. B. Strength of the US Dollar (USD) - Hawkish Fed: The USD stands firm near its highest level since early August, poised for further gains following the hawkish stance from the US Federal Reserve (The Fed). C. Upside Containment Risks - U.S Risk: Concerns about economic damage from a prolonged US government shutdown limit the upside. - Japanese Intervention Risk: Speculation that Japanese authorities could intervene to stem further JPY weakness also keeps the currency pair from moving too aggressively. From a technical perspective, the USD/JPY pair has a short-term positive bias supported by a key breakout and oscillators positioned in positive territory (away from the overbought zone). A. Bullish Scenario - Upside Trigger: A breakout of the 153.25 - 153.30 resistance and strength above the 154.00 figure last week is viewed as the main trigger for the bulls. - Next Targets: The prospect of further gains is supported to move towards the intermediate resistance of 154.75 - 154.80 en route to the psychological 155.00 mark. B. Bearish Scenario - Initial Support: Any corrective pullback below the 154.00 figure is likely to find strong support near Friday's low, around 153.65. - Key Support: This is followed by the former resistance-turned-support at 153.30 - 153.25 and the round figure of 153.00. Bias Reversal: A decisive break below 153.00 could expose the 152.15 region. Continued selling below 152.00 would negate the short-term positive bias and drag USD/JPY towards the key support at 151.10 - 151.00.
Long
by NouzTrader
USDJPY Event Pivot Map for 3 to 7 Nov 2025What you are looking at A clean level map built for a news heavy week. Price finished Friday near 154.00. The plan respects three things. The rate gap still favors the dollar on pullbacks. Liquidity is distorted on Monday with Tokyo closed. The main risk event is US payrolls on Friday. This idea gives you precise levels, simple if then rules, and invalidations so you can trade the week with calm execution. Education only. How to set up the chart Timeframe 1 hour for structure. Keep a 15 minute pane handy for entries. Add previous week high and low. Mark 154.30 153.95 153.20 152.80 152.20 154.80 155.00 as horizontal lines. Mark event windows in your session tool. Monday 10 00 for ISM Manufacturing. Wednesday 10 00 for ISM Services. Wednesday refunding communication during New York morning. Friday 08 30 for payrolls. All times New York. No indicators are required. If you prefer a reference, add a simple session midpoint for New York to see where intraday auctions are leaning. Why these levels matter 154.30 has acted like the top of a negotiation box. Above it the tape often accelerates into 154.80 and the round 155.00. 153.95 is the heart of the box where momentum decisions flip. 153.20 is the lower step where buyers have shown up after bad headlines. 152.80 and 152.20 are the deeper shelves from the prior stair step higher. None of these lines are sacred. They are places where inventory changes hands and where your risk can be defined. Rules in three lines • If price clears 154.30 on a real event and holds on a 15 minute close, trade long pullbacks toward 154.80 and 155.00 with stops under 153.95. • If price loses 153.20 on soft data, trade short into 152.80 then 152.20 with stops back above 153.60. • If price is inside 153.95 to 154.30 ahead of a release, fade extremes only with half size and fast invalidations. Day by day mindset • Monday. Tokyo is closed for Culture Day. Liquidity is thinner. Let Asia show its hand. ISM Manufacturing at 10 00 can push a quick move. If the print is firm and the first drive takes 154.30, wait for the retest. If the print disappoints and we slip through 153.65, look for 153.20. • Tuesday. JOLTS at 10 00. Treat it as light steering. If it leans soft and we are already heavy from Monday, a test of 153.20 is likely. Avoid forcing a breakout in the middle of the box. • Wednesday. BoJ minutes in the Japan morning. ISM Services at 10 00. Treasury refunding details during New York. This is your hinge day. If Services is firm and refunding leans heavy in duration, yields can pop and USDJPY can carry through 154.80. If Services is soft and refunding is benign, the pair can slide under 153.60 and test the lower shelves. • Thursday. US Productivity and unit labor costs at 08 30. Japan household spending and wages later. Treat Thursday as a bridge into payrolls. Trade smaller. Let others over trade noise while you protect risk. • Friday. Employment Situation at 08 30. The first move is often noisy. Give it fifteen minutes. If headline and wages beat and unemployment is steady, pullbacks into 154.50 are buys with eyes on 155.00. If the complex misses across the board, respect momentum lower into 152.80. Position sizing and risk Keep half size when price is inside 153.95 to 154.30. Expand only after a clean break on a real catalyst. When fading, stops belong just beyond the level that defines your thesis. If you fade 154.30, your stop lives above the event high. If you fade 153.20, your stop lives below the sweep that fails to continue. Take profits into the first target and trail the remainder behind a five to eight pip structure on the 15 minute chart. Use a hard flat rule before payrolls if you are not in a free trade. The goal is longevity. Three scenarios with invalidations Baseline range. Monday through Wednesday morning ping between 153.95 and 154.30 while traders wait for Services and refunding. Buy the lower third and sell the upper third with five to eight pip stops. Invalidation is a 15 minute close beyond the box with follow through volume. Dollar push. Services strong and refunding heavier in the long end. Price accepts above 154.30 then stair steps to 154.80 and 155.00. Buy pullbacks only. Invalidation is a 15 minute close under 153.95 after the event. Dollar slip. Services soft then payrolls miss. Price loses 153.20 and finds supply on retests. Short rallies into 153.20 with targets 152.80 then 152.20. Invalidation is a 15 minute close back above 153.60 without a new data impulse. Comparator versus a simple hold This is an illustrative arithmetic example for the same week with a 154.00 anchor and a modest fee assumption of 0.5 pip per side. • A naive hold that carries through payrolls from 154.00 to a hypothetical Friday settle at 154.40 gains 40 pips, but the path can include a 70 pip drawdown on a midweek miss. • A level approach that buys the 153.95 retest after a confirmed break and takes profit near 154.80 then trails a remainder can bank 30 to 60 pips with a typical trade drawdown near 15 pips. • The point is the ratio of return to drawdown. Even if the hold finishes with similar net pips, the level approach aims to cut the worst hole you dig. The smaller hole is what keeps you in the game next week. This is not a backtest. It is a risk framing you can apply in live conditions. Common mistakes to avoid • Chasing the first minute after 08 30 or 10 00. Let the first wave print a structure. • Trading the middle of the box without a clear catalyst. • Ignoring time of day. The option cut and the cash equity open can reverse intraday flows. • Forgetting that official commentary risk increases as the pair drifts toward the upper one fifties. Treat that zone with extra respect even if it is not in play this week. Final checklist Levels drawn and alert lines set at 154.30 153.95 153.20 152.80 152.20 154.80 155.00. Event alarms on Monday 10 00 Wednesday 10 00 Friday 08 30 New York time. Plan written for each scenario with invalidation and size. Goal for the week is a clean process and a healthy Return divided by Drawdown, not hero trades. Educational material only.
by exlux
USDJPY Swing Setup – Breakout, Retest, and the Next Rally Ahead!💸 USD/JPY “Gopher” Profit Playbook | Thief Trader’s Swing Setup 💥 🧭 Market Plan: The Bullish playbook stays active as USD/JPY shows a Triangular Moving Average breakout, followed by a pullback & retest phase. Price is re-accumulating along the same moving average zone, hinting at strong momentum for the next escape rally 📈. The MACD confirms bullish strength — showing healthy upward energy, backing this setup technically. 🎯 Entry Plan (Layering Style): This setup follows Thief Trader’s Layering Strategy — using multiple buy limit orders to build a position dynamically across key zones. 💰 Buy Limit Layers: 150.000 150.500 151.000 151.500 (You can adjust or increase layers based on your own risk style.) 🛑 Stop Loss (Thief’s Guardrail): @149.000 ⚠️ Note: Dear Ladies & Gentlemen (Thief OG’s) — this SL is my personal setup, not financial advice. Manage your risk your way. 🎯 Target Zone: @155.000 Reasoning: price may approach a strong resistance area, where overbought conditions + liquidity traps could emerge — it’s wise to secure profits before the crowd does. ⚠️ Note: Dear Ladies & Gentlemen (Thief OG’s), same here — this TP is my plan, adjust it to your own game. 🔍 Correlated Pairs to Watch: 💵 TVC:DXY (US Dollar Index): USD strength remains key. If DXY pushes higher, it’ll fuel this bullish USD/JPY wave. 💴 OANDA:EURJPY / OANDA:GBPJPY : Both show similar bullish continuation structures — momentum confirmation. 💰 OANDA:XAUUSD (Gold): Usually inversely correlated — a falling gold might support stronger USD/JPY moves. 💹 TVC:US10Y (US 10-Year Yield): Rising yields = strong USD, supportive to this trade’s thesis. ⚙️ Technical Key Points Recap: ✅ Triangular Moving Average breakout & retest (re-accumulation confirmed) ✅ MACD bullish crossover momentum intact ✅ Layered entry style allows position flexibility ✅ Clear invalidation & risk management level @149.000 ✅ Exit target aligned with macro resistance near 155.000 🧠 Thief Trader’s Note This playbook is designed for swing traders who prefer structured entries rather than single-point executions. Thief’s layering strategy allows flexibility, averaging, and capital preservation while catching trend momentum. 🚀 Let's Ride This Wave Together! ✨ If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community! #USDJPY #Gopher #ForexTrading #SwingTrade #TriangularMovingAverage #TMABreakout #ThiefStrategy #LayeredEntry #PullbackRetest #BullishSetup #ForexSignals #TechnicalAnalysis #ReAccumulation #ForexStrategy #TradingIdeas #RiskManagement #USD #JPY #DollarYen Happy Trading & Stay Frosty! 🦊💰
Long
by The-Thief
DeGRAM | USDJPY is preparing to break resistance levels📊 Technical Analysis ● USD/JPY is consolidating above the 152.00 support, maintaining a steady climb within a rising channel. A confirmed breakout above the 154.40 resistance line could push the pair toward 156.70, aligning with the upper boundary of the broader structure. ● The price structure supports continued bullish momentum as long as the support line remains intact. 💡 Fundamental Analysis ● The yen remains pressured by dovish BoJ policy, while stronger U.S. yields and robust GDP growth keep the dollar in demand. ✨ Summary ● Long bias above 152.00; target 156.70. Rising channel structure supports further bullish continuation. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Long
by DeGRAM
3
DeGRAM | USDJPY is correcting📊 Technical Analysis ● USD/JPY formed a rising wedge pattern and broke below its support line, confirming a bearish reversal from the 152.45 resistance. ● Price is now heading toward 151.65, with potential continuation to 151.13 if momentum accelerates, aligning with prior demand levels. 💡 Fundamental Analysis ● The yen strengthens as traders anticipate potential BoJ policy tightening, while softer U.S. economic data weighs on dollar sentiment. ✨ Summary ● Short bias below 152.45; targets 151.65–151.13. Technical breakdown and shifting fundamentals favor near-term downside. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Short
by DeGRAM
1
DeGRAM | USDJPY reached the resistance level📊 Technical Analysis ● USD/JPY is testing the 152.94 resistance after forming a rising wedge pattern, indicating potential exhaustion of bullish momentum. ● Price action shows repeated upper wick rejections, suggesting a corrective pullback toward 152.45 and possibly 151.65 support levels. 💡 Fundamental Analysis ● The yen finds renewed demand amid speculation of BoJ intervention as the pair approaches multi-decade highs, while soft U.S. PMI data adds downside pressure. ✨ Summary ● Short bias below 152.94; targets 152.45–151.65. Rising wedge formation and macro backdrop support short-term correction. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Short
by DeGRAM
1