📈 USDJPY 3rd February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 155.334

Key Levels Relative to DCMP:

Resistances (Above 155.334): 155.589, 156.025, 156.088, 156.624, 156.755, 157.592

Supports (Below 155.334): 155.056, 154.282, 153.974, 153.790, 153.474, 152.520

Swing High & Low Levels 🎯

Swing High (Daily/4H): 156.755

Swing Low (Daily/4H): 153.790

Technical Snapshot 🔍

Critical Levels:

Immediate Resistance: 156.025 (Key Intraday Barrier)

Strong Support Cluster: 155.056–153.790 (Buy Zone).

Fibonacci Retracement/Extension:

Support near 155.056 aligns with 38.2% Fib retracement.

Resistance at 156.025 coincides with 61.8% Fib extension.

Momentum Indicators:

RSI: Neutral (No divergence detected).

MACD: Bullish crossover forming near 155.056; bearish pressure at 156.025.

Trade Setups 💼

Intraday Buy Trade

Entry Price: 🟢 155.056

Stop Loss: 🔴 153.790 (126 pips risk)

Take Profit 1: 🎯 156.025

Take Profit 2: 🚀 156.624

Rationale: Strong confluence at 155.056 (Fib + swing low). MACD hints at bullish reversal.

Intraday Sell Trade

Entry Price: 🔴 156.025

Stop Loss: 🟢 156.755 (73 pips risk)

Take Profit 1: 🎯 155.056

Take Profit 2: 🚀 153.790

Rationale: Price rejection at 156.025 (Fib + key resistance). Bearish MACD divergence confirms downside.

Summary of Key Levels 📊

Resistance Levels

156.025 (Immediate)

156.624–156.755

157.592 (Long-Term)

Support Levels

155.056 (Buy Zone)

153.790–153.474

152.520 (Downside Target)

Final Insight 🌟

USDJPY faces a critical juncture at 156.025. A break below 155.056 may trigger a drop toward 153.790, while a surge above 156.025 opens the path to 156.755. Trade reactions at these levels with strict risk management.