📈 USDJPY 19th March 2025 Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 149.766

Key Levels:

Resistance (Above DCMP): 150.428, 151.458, 153.125

Support (Below DCMP): 148.761, 149.120, 147.094

📊 Technical Snapshot

Critical Price Zones

Swing High: 151.306 (Daily/4H Frame)

Swing Low: 148.562 (Daily/4H Frame)

Fib Retracement: Price consolidating near 50% retracement zone (148.761–150.428)

RSI: Neutral on 1H, potential bearish divergence forming

MACD: Bearish crossover confirmed on 4H timeframe

💡 Intraday Trade Opportunities

Intraday Buy Setup 🟢

Entry: 148.761 📍 (Key Support Level)

Stop Loss: 147.094 🛑 (Below critical support zone)

Take Profit 1: 149.766 🎯 (DCMP Retest)

Take Profit 2: 150.428 🎯 (Immediate Resistance)

Rationale:

Strong confluence at 148.761 (support + Fib 50%)

Bullish reversal signals emerging on lower timeframes

Intraday Sell Setup 🔴

Entry: 150.428 📍 (Key Resistance Level)

Stop Loss: 151.458 🛑 (Above swing high)

Take Profit 1: 149.766 🎯 (DCMP Retest)

Take Profit 2: 148.562 🎯 (Swing Low Zone)

Rationale:

Bearish rejection observed at 150.428–151.458 supply zone

Declining volume during upward movements indicates weakness

📉 Market Dynamics

Bullish Trigger: Sustained close above 151.458 could lead to a rally toward 153.125

Bearish Risk: Breakdown below 147.094 may accelerate selling to 144.397

Technical Indicators 🔭

Volume Profile: Thin liquidity near current levels increases volatility risks

Bollinger Bands: Price testing the lower band near 149.120

ADR (Average Daily Range): 1.5% suggests high intraday momentum

Final Outlook 🎯

USDJPY remains range-bound between 148.761–150.428. Traders should adopt a fade-the-edges strategy:

Buy dips toward 148.761 with tight risk management

Sell rallies near 150.428 with trailing stops

🔑 Key Insight: DCMP (149.766) acts as a psychological pivot – holding above favors bullish bias, while breaking below signals bearish momentum.

📌 Risk Note: Keep an eye on U.S. economic indicators and geopolitical developments for potential market impacts.