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 📉 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.

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