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U.S. Dollar / Japanese Yen

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USDJPY Bullish Structure Intact, Retest of Highs LikelyUSDJPY Bullish Structure Intact, Retest of Highs Likely USDJPY found strong support near 158.40 and later near 159.60 Price continues to respect the uptrend for now. USDJPY is more likely to rise in the short term to once again test the uptrend top near 159.30 and 159.60. It's possible that USDJPY may rise one more time to test the top of that strong resistance zone for the 4th time. All time frames are still bullish and clear. You may find more details in the chart. Thank you and good luck! 🍀 ❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
Long
by KlejdiCuni
22
USDJPY Bullish Channel Setup The chart shows a clear bullish trend on USDJPY moving inside an ascending channel. Price has been respecting the channel boundaries with higher highs and higher lows, supported by the Ichimoku cloud acting as dynamic support. Recently, price reached the upper zone and is showing a potential pullback. The expected move is a retracement towards the channel support and the marked target zone around 159.200, where price may find support before continuing the uptrend.
Short
by Alpha_Trade_Scope
6
TheGrove | USDJP Sell | Idea Trading AnalysisYou can expect a reaction on Descending channel, the direction of selling from the specified Resistance LINE, USDJPY moving higher as it tests the strong resistance level.. We expect a bearish move from the confluence zone. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDJPY I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Short
by TheGrove
5
USDJPY – Potential Wave C Downside SetupOn the higher timeframe (Daily), a full 5-wave impulsive structure appears to be completed. This shifts the focus towards a larger ABC correction, where Wave A and B are likely already in place. Wave B unfolded as a complex WXY structure, supporting the corrective nature of the move and increasing the probability of a continuation into Wave C to the downside. On the lower timeframe (1H), we are tracking a potential 1–2 setup. A break below the confirmation level at 157.504 would validate the bearish scenario and signal the start of a potential impulsive move lower. Entry (confirmation): Below 157.504 Stop Loss: Above Wave 2 high (~159.66) Additional confluence comes from bearish MACD crosses on the 12H and Daily timeframes. This is a conditional setup based on structure and confirmation — not prediction.
Short
by wavemaster_
13
Dollar Strength Continues: USDJPY Eyes Bounce From 158.800!Hey Traders, In today’s trading session, we are monitoring USDJPY for a buying opportunity around the 158.800 zone. The pair remains in a strong uptrend and is currently undergoing a corrective phase, approaching a key support and resistance area near 158.800, which aligns with the overall bullish structure. From a fundamental perspective, USDJPY continues to be driven primarily by the divergence between US and Japanese monetary policy. On the US side, the Federal Reserve is maintaining a “higher for longer” stance as inflation risks re-emerge, largely fueled by the recent surge in oil prices and ongoing geopolitical tensions. Rising yields in the United States are supporting the US dollar, keeping it attractive relative to other currencies. In contrast, the Bank of Japan continues to maintain an accommodative stance despite gradual adjustments in its policy framework. Japanese interest rates remain significantly lower than those in the US, preserving a wide yield differential. This gap continues to favor USDJPY to the upside, as capital flows seek higher returns in dollar-denominated assets. Additionally, the current global environment—marked by inflation uncertainty and energy-driven price pressures—further reinforces demand for the US dollar. While geopolitical risks typically support safe-haven currencies like the yen, in this case, the yield advantage of the dollar is dominating, limiting yen strength. Technically, USDJPY remains firmly bullish as long as it holds above key structural levels. The current pullback toward the 158.800 zone could provide a favorable entry for buyers looking to align with the prevailing trend, especially if price action confirms support in this area. Overall bias: bullish, with a preference for buying dips within the uptrend
Long
by JoeChampion
5
USD/JPY: The 160.00 TestFor the first time since July of 2024 USD/JPY has pushed above the 160.00 handle. The move hit around 1am Tokyo time so we could still see a response from Japanese policymakers around the Sunday open, and interestingly, last week began with another threat of intervention that brought pullback to USD/JPY which was jumped on buy buyers that drove right back up to create the current fresh highs. At this point chasing the move is still a challenge, especially given the dynamics around weekly closes and opens. But, price being above 160.00 isn't necessarily a death knell either as, like 2022, we may simply be seeing the BoJ move their line-in-the-sand a bit higher. Overhead, it's the 161.95 level that stands out which is a clean 1,000 pips above the intervention-high in 2022 (which held in 2023, as well), while also being the swing-high from 2024. Until the fundamental backdrop changes, it's difficult to imagine interventions having any long-lasting success so if we do see the BoJ forced into action, that pullback remains as opportunistic, like we saw in April of 2024. - js
by FOREX.com
5
Strong Bearish Structure Emerging On USDJPY Chart5USD/JPY is showing signs of a bearish reversal 📉 after rejecting a strong resistance zone near recent highs. Price moved within an ascending channel but failed to maintain upward momentum, forming multiple rejection wicks at the top. The Ichimoku cloud suggests weakening bullish strength as price starts breaking below short-term support. Sellers are gradually taking control, indicating a possible trend shift 🔥. If the downside continues, the first target is 158.729, followed by 158.116 as the second target. Increased selling pressure may drive price further down toward the third target at 157.485 🎯, confirming a deeper correction. If you found this XAUUSD analysis helpful, don’t forget to LIKE 👍 and COMMENT 💬!
Short
by Dynamic_Trade_Strategies
3
USD/JPY | End of bullish run? (READ THE CAPTION)After dropping from 159.90 all the way to 157.51, USDJPY bounced back up but failed to go through the March 16th NWOG and after reaching the C.E., it dropped back again, reaching the March 9th NWOG High and then went back up, currently being traded at 158.50. I prefer not to see USDJPY go below the 158.22 level and go higher without reaching there first. I expect USDJPY to go for the resistance at around 159.01 level and try to overcome it and go to test the March 23rd NWOG. However, if USDJPY fails to stay above the 158.22 level and goes below it, it could drop further into the March 9th NWOG, and if it goes below the C.E. of the gap at 157.96, it could drop even further into the Feb 9th NWOG.
by AmirAliTrading
2
Bullish bounce setup?USD/JPY is falling towards the pivot and could bounce to the 1st resistance. Pivot: 158.88 1st Support: 157.53 1st Resistance: 160.60 Disclaimer: The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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.
Long
by IC Markets
1
USDJPY Pullback Opportunity | Fed + Macro Support USD!Hey Traders, In today’s trading session, we are monitoring USDJPY for a buying opportunity around the 158.200 zone. USDJPY remains in a strong uptrend and is currently undergoing a corrective pullback, approaching a key trendline confluence and the 158.200 support–resistance area. This zone could act as a strong reaction level where buyers may step back in and continue the broader bullish structure. From a fundamental perspective, the US Dollar remains supported following the recent FOMC, where the Federal Reserve maintained a hawkish stance, reducing expectations for near-term rate cuts. At the same time, ongoing geopolitical tensions in the Middle East continue to drive safe-haven demand toward the USD, reinforcing its strength. On the other side, the Japanese Yen remains structurally weak, as the Bank of Japan continues to lag behind other central banks in tightening policy, keeping rates relatively low. Additionally, rising oil prices are weighing on Japan’s economy, as it is a major energy importer, further pressuring the Yen. Although there are increasing risks of potential intervention from Japanese authorities as USDJPY approaches higher levels, the overall macro environment still favors USD strength over JPY in the near term. With both technical structure and macro fundamentals aligned, the bias remains bullish while above key support, favoring continuation toward higher levels. As always, wait for confirmation and manage risk carefully. Trade safe, Joe.
Long
by JoeChampion
19
USDJPY – Bullish Continuation After Internal ConfirmationThe structure remains clearly bullish on HTF (D1), with consecutive BOS and higher highs confirming the dominant trend. The recent pullback was absorbed into a discount zone + EMA200, where price reacted from a bullish OB / demand area. 🔍 Current context: Bullish CHoCH confirmed → shift after correction Reaction from EMA200 + demand → strong institutional zone Re-accumulation followed by impulsive continuation Price approaching PDH / liquidity (~160.40) 📌 Key levels: Support: 153.70 – 152.80 (OB + EMA200) Intraday support: ~157.40 Resistance / Liquidity: 160.40 – 160.80 🎯 Scenarios: Bullish (main): Hold above 157.40 → continuation toward 162.5 – 165+ Short-term pullback: Liquidity sweep above 160.40 → retrace to 157.50 – 156 → then continuation Invalidation: Break below 153 → HTF structure shift → potential reversal
Long
by Sergiu_SmartMoney
2
USDJPY FORECAST There was a long-term uptrend on higher time frame (H4). Price is in a range and it changed character (CHoCH) from uptrend to downtrend. After changing character price rallies back up to retest the supply zone and got rejected the second time. On the way down it leaves a supply zone on lower time frame (H1). Not only that, but it also leaves an imbalance which must be filled to gain liquidity to push price further down. We entered short and target the low on the H4 time frame.
Short
by mathiaswilliam
1