💹 USDJPY Daily Analysis Based on Main Key Levels - 8 April 2025

Daily Current Market Price (DCMP): 🟢 147.077

Price trades ABOVE critical support (145.084) but BELOW immediate resistance (147.353)

🚩 Critical Price Zones

Resistance (Sell Areas):

🔥 147.353 (Intraday ceiling)

🔥 148.222 (Bullish breaker)

🔥 149.009 (Multi-session barrier)

Support (Buy Areas):

🛡️ 145.084 (Liquidity pool)

🛡️ 144.891 (Structural floor)

🛡️ 143.619 (Long-term baseline)

🔍 Technical Snapshot

Swing Levels:

Recent High: 151.306 | Recent Low: 148.174

4H High: 147.353 | 4H Low: 145.678

Fibonacci:

61.8% Retracement at 146.200 | 127% Extension at 149.800

Momentum:

RSI at 47 (bearish tilt) | MACD lines converging below signal line

Price Action:

Ascending triangle breakdown below 147.353 with rising volume

💡 Trade Setups

Intraday Buy (Long)

🎯 Entry: 145.084 (Demand cluster)

🔴 Stop Loss: 143.619 (Lower timeframe swing low)

✅ Take Profit 1: 146.950 (Intermediate baseline)

✅ Take Profit 2: 147.077 (DCMP)

Rationale: Confluence of 78.6% Fib level and order block 📉→💥

Intraday Sell (Short)

🎯 Entry: 147.353 (Supply zone)

🔴 Stop Loss: 148.222 (Upper timeframe swing high)

✅ Take Profit 1: 146.200 (61.8% Fib level)

✅ Take Profit 2: 145.084 (Key support)

Rationale: Bearish MACD histogram expansion confirms resistance retest 📉→🎯

⚡ Key Observations

Decisive battle at 147.077 aligns with 50D SMA (146.900)

Volume profile shows weak hands trapped above 147.353

Hidden bullish divergence on 4H timeframe

Risk Alert: Monitor BOJ intervention rumors – Yen-buying operations could trigger 200-pip reversal below 145.084.