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💹 USDJPY 24th February 2025 Daily Analysis Based on Main Key Levels

  • Neom
  • Feb 24
  • 1 min read

Daily Current Market Price (DCMP):


  • 149.424

  • 149.424


Key Levels Relative to DCMP:


  • Support (Below 149.424): 148.881, 148.534, 147.843

  • Resistance (Above 149.424): 150.204, 150.772, 151.463


📉 Technical Snapshot


Critical Swing Levels:


  • Swing High: 154.804 | Swing Low: 150.929


  • Fibonacci Retracement: Aligns with 150.929–154.804 range.


  • RSI: Neutral at 58 on 4H chart.

  • MACD: Bullish crossover emerging near support zones.


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🚨 Trade Setups


1️⃣ Intraday Buy Opportunity


  • Entry Price: 🎯 148.881

  • Stop Loss: 🛑 148.064

  • Take Profit 1: ✅ 149.653

  • Take Profit 2: ✅ 150.344


Rationale: Strong confluence at 148.881 (weekly pivot support) with bullish MACD momentum.


2️⃣ Intraday Sell Opportunity


  • Entry Price: 🎯 150.204

  • Stop Loss: 🛑 150.772

  • Take Profit 1: ✅ 149.424

  • Take Profit 2: ✅ 148.962


Rationale: Resistance cluster at 150.204 aligns with bearish divergence on higher timeframes.


⚠️ Critical Risk Zones


  • Break Below 148.534: Accelerates decline toward 147.843.

  • Break Above 150.772: Opens path to retest 151.463 resistance.


Pro Tip: Monitor price reactions at 149.424 DCMP for intraday bias shifts. Use trailing stops in volatile JPY pairs! 💡

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