📊 USDJPY 13th March 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 147.624

Critical Price Zones

Above DCMP (Resistance):

Immediate Resistance: 148.961

Major Resistance: 149.910 🚩

Swing High: 151.306

Below DCMP (Support):

Immediate Support: 147.787

Major Support: 146.838 🚩

Swing Low: 148.562

Technical Analysis Snapshot 🔍

Fibonacci Levels:

61.8% retracement aligns with resistance at 149.91; 38.2% supports at 146.838.

RSI Divergence:

RSI (58) neutral but shows bearish divergence near 149.91 resistance.

MACD Crossover:

Bearish histogram below the signal line confirms short-term downside risks.

Intraday Trade Setups ⚡

Trade Idea 1: Intraday Buy

Entry: 147.094 📍

Stop Loss: 146.064 🔴

Take Profit 1: 147.787 🟢

Take Profit 2: 148.374 🟢

Rationale: Strong confluence at Fib support (146.838) and pivot buy zone (147.094).

Trade Idea 2: Intraday Sell

Entry: 148.761 📍

Stop Loss: 149.910 🔴

Take Profit 1: 148.374 🟢

Take Profit 2: 147.787 🟢

Rationale: Resistance cluster at 148.961-149.91 aligns with MACD bearish momentum.

Strategic Outlook 🔭

USDJPY consolidates near DCMP (147.624) with a neutral-to-bearish bias due to:

Resistance pressure at 148.961-149.91 zone

MACD trending below zero line

RSI divergence near overbought territory

Key Action Zones:

Bullish Scenario: Break above 149.91 to target 151.306.

Bearish Scenario: Close below 146.838 opens path to 145.500.

⚠️ Risk Note: Monitor BoJ intervention risks and US CPI data for volatility triggers.