USDJPY When can we start opening "sell" from this level?U.S. Dollar / Japanese Yen forum
USDJPY When can we start opening "sell" from this level?
USDJPY lets add layer 🤫🤘 148.430
USDJPY JPY is trully toilet paper. MM uses it to drive any price they wantUSDJPY lets go BULLETPROOF ZONE TECHNIQUES 🥂
• Support & Resistance Levels 📏
• Engulfing Candlestick Pattern 🕯️
• Market Trend Structure 📉
USDJPY has been climbing for like 9 days now and flagging overbought conditions.
USDJPY Buyers let's gooooo....USDJPY let's sell now 148.050 148.250 SL 148.650TP 147.700 147.200 146.600
let's print USD 🤫🤘📉
USDJPY anyonee ??
USDJPY 2/2 Summary of Key Levels
Daily & 4-Hour Support and Resistance
Daily Support: 146.500, 146.000
Daily Resistance: 148.000, 148.500
4-Hour Support: 147.000, 146.750
4-Hour Resistance: 147.500, 148.000
Exponential Moving Average (EMA) Levels
Daily Time Frame
50 EMA: 146.950
100 EMA: 146.500
200 EMA: 146.250
400 EMA: 145.900
4-Hour Time Frame
50 EMA: 147.200
100 EMA: 147.000
200 EMA: 146.800
400 EMA: 146.500
Weekly and Daily Pivots
Weekly Pivots
Pivot Point: 147.000
Resistance 1: 147.500
Support 1: 146.500
Daily Pivots
Pivot Point: 147.200
Resistance 1: 147.700
Support 1: 146.800
Fibonacci Retracement Levels
23.6%: 146.950
38.2%: 146.500
50.0%: 146.250
61.8%: 145.950
Fundamental Analysis and Upcoming USD News
The USDJPY market is heavily influenced by fundamental factors, particularly economic data releases from the United States. Here are some key upcoming USD news events that could impact the market:
📅 Federal Reserve Meeting: Scheduled for July 28, 2025, where interest rate decisions will be announced. Traders should anticipate potential volatility around this date.
📈 US Non-Farm Payrolls: Expected to be released on August 4, 2025. Strong employment figures could bolster the USD, while weaker numbers may lead to a decline.
📊 Consumer Price Index (CPI): Set for release on August 10, 2025. This data will provide insights into inflation trends, influencing the Fed's monetary policy.
Conclusion
In summary, the USDJPY currency pair is currently navigating through a critical price range, with various technical indicators signaling potential trading opportunities. As we approach significant economic events, traders should remain vigilant and consider both technical and fundamental analyses in their strategies. By closely monitoring support and resistance levels, EMAs, and upcoming economic data, traders can position themselves effectively in this dynamic market.
USDJPY 1/1 🟡 USDJPY Daily Market Analysis—July 15, 2025
Introduction
The USDJPY currency pair has been a focal point for traders and investors, especially given its current live price of 147.195 USD. This analysis will delve into the daily and 4-hour timeframes, utilizing a variety of technical indicators such as Fibonacci Retracement Levels, Exponential Moving Averages (EMA), RSI divergence, and more. By examining these elements, we aim to provide a comprehensive overview of the market dynamics influencing USDJPY.
Market Overview
As of today, the USDJPY is positioned at 147.195, situated between key swing levels: a swing high of 148.032 and a swing low of 145.756. This range provides a critical framework for our analysis, allowing us to identify potential support and resistance levels, trend indicators, and market sentiment.
Support & Resistance Levels
Daily Timeframe
On the daily timeframe, the following support and resistance levels are identified:
Support Levels:
146.500: A significant psychological level where buying interest may emerge.
146.000: Another key support level that has previously acted as a barrier.
Resistance Levels:
148.000: A strong resistance level where selling pressure may increase.
148.500: An upper resistance level that traders should monitor closely.
4-Hour Timeframe
In the 4-hour timeframe, the support and resistance levels are as follows:
Support Levels:
147.000: A critical support level that has shown resilience in the past.
146.750: Another support level that could provide a floor for price action.
Resistance Levels:
147.500: A key resistance level that traders are likely to watch for potential reversals.
148.000: The same resistance level noted in the daily timeframe, reaffirming its significance.
Fibonacci Retracement Levels
Utilizing Fibonacci Retracement Levels, we can identify potential reversal points based on the recent swing high and low:
Retracement Levels:
23.6%: 146.950
38.2%: 146.500
50.0%: 146.250
61.8%: 145.950
These levels are critical for identifying potential entry and exit points for traders.
Exponential Moving Averages (EMA)
Daily Timeframe
The following EMA levels are calculated based on the current market price:
50 EMA: 146.950
100 EMA: 146.500
200 EMA: 146.250
400 EMA: 145.900
These EMAs provide insight into the overall trend direction, with shorter EMAs indicating short-term momentum and longer EMAs reflecting long-term trends.
4-Hour Timeframe
The EMA levels for the 4-hour timeframe are as follows:
50 EMA: 147.200
100 EMA: 147.000
200 EMA: 146.800
400 EMA: 146.500
These indicators help traders gauge potential buy and sell signals, particularly when EMAs cross over.
RSI Divergence
The Relative Strength Index (RSI) is a crucial tool for identifying potential reversals in the market. Currently, the RSI shows a divergence pattern:
Bullish Divergence: The price made a lower low while the RSI made a higher low, suggesting potential upward momentum.
Current RSI Level: 40, indicating that the market is approaching oversold territory.
Order Blocks
Order blocks are areas where significant buying or selling has occurred, often leading to price reversals. In the current analysis:
Bullish Order Block: Located near 146.500, where previous buying interest has been noted.
Bearish Order Block: Found around 148.000, where selling pressure has historically emerged.
MACD Analysis
The Moving Average Convergence Divergence (MACD) indicator provides insight into the momentum of the currency pair:
MACD Line: Currently above the signal line, indicating bullish momentum.
Histogram: Positive, suggesting that the bullish momentum is strengthening.