💹 USDJPY 30th January 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 154.626

Key Levels

Above DCMP (Resistance): 155.084, 155.651, 155.853, 156.178, 156.597, 157.064, 157.820

Below DCMP (Support): 154.617, 154.799, 154.474, 153.860

Swing High: 158.880 | Swing Low: 154.775

Technical Analysis Summary

Critical Zones:

Immediate Resistance: 155.084 (aligned with Fib 0.382 retracement).

Strong Sell Zone: 156.178 (confluence of historical resistance and Fib extension).

Key Support: 154.617 (intraday demand area).

Momentum Indicators:

RSI shows bearish divergence near 155.084 resistance.

MACD flirts with a bullish crossover near 154.617 support.

Price Context:

DCMP (154.626) trades close to swing low (154.775), signaling potential reversal.

A break above 155.084 could target 156.178; failure to hold 154.617 risks drop to 153.860.

Intraday Trade Setups

🟢 Trade Idea 1: Intraday Buy

Entry: 154.617 🎯 (Critical Support)

Stop Loss: 154.474 🛑

Take Profit 1: 155.084 ✅ (Immediate Resistance)

Take Profit 2: 155.651 ✅ (Next Resistance)

Rationale: Bounce from 154.617 aligns with bullish MACD momentum and Fib 0.618 support.

🔴 Trade Idea 2: Intraday Sell

Entry: 155.084 🎯 (Strong Resistance)

Stop Loss: 155.853 🛑

Take Profit 1: 154.617 ✅ (Key Support)

Take Profit 2: 153.860 ✅ (Next Demand Zone)

Rationale: Rejection at 155.084 validates bearish RSI divergence and Fib 1.272 extension resistance.

Final Insight

USDJPY faces tension between 154.617 support and 155.084 resistance. Trade reversals at these levels with disciplined risk management.