📉 USDJPY Daily Analysis Based on Main Key Levels – 16th April 2025
- Neom
- 2 days ago
- 1 min read
Daily Current Market Price (DCMP): 🏷️ 142.258
Price context: DCMP trades above immediate supports (142.153–142.534) but below critical resistances (143.531–144.147).
📊 Key Levels Breakdown
Resistance/Sell Zones (Above DCMP)
R1: 🚨 143.531 (Fibonacci 38.2% Resistance)
R2: ⚡ 143.766 (Price Congestion Zone)
R3: 🔥 144.147 (Swing High Confluence)
Support/Buy Zones (Below DCMP)
S1: 🛡️ 142.534 (Dynamic Trendline Support)
S2: 🔄 142.153 (Swing Low Anchor)
S3: 🛑 140.753 (Breakdown Floor)
🔍 Technical Analysis Snapshot
Swing Levels:
Swing High: 151.306 (4H/Daily Ceiling)
Swing Low: 148.174 (4H/Daily Floor)
Fibonacci: 50% retracement at 142.769 aligns with intraday consolidation.
RSI: Neutral at 52 (No bearish/bullish divergence).
MACD: Bearish momentum fading on 4H timeframe.

💡 Intraday Trade Setups
Buy Trade Idea
Entry: 🟢 142.223 (Retest of Weekly Support Cluster)
Stop Loss: 🔴 141.500 (-0.723 | Below S3)
Take Profit 1: 🟡 142.769 (+0.546 | Fibonacci 50% Target)
Take Profit 2: 🟢 143.531 (+1.308 | R1 Breakout)
Sell Trade Idea
Entry: 🔴 144.603 (Retest of Weekly Pivot Resistance)
Stop Loss: 🟢 145.200 (+0.597 | Above R3)
Take Profit 1: 🟡 143.150 (-1.453 | Pivot Reversion)
Take Profit 2: 🔴 142.258 (-2.345 | DCMP Target)
📉 Critical Technical Drivers
Price Action: Close below 142.153 (S2) confirms bearish continuation; breakout above 143.531 (R1) signals bullish reversal.
MACD Crossover: Fading bearish histogram suggests weakening downside momentum.
Fibonacci Alignment: 61.8% extension at 144.603 creates high-probability sell zone.
Comments