💹 USDJPY 4th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 155.346

Currency pair consolidates near 155.35 level, testing critical support/resistance boundaries

Critical Price Zones 🔍

Below DCMP Support:

✅ 155.056 (Immediate Bullish Base)

✅ 153.790 (Swing Low Anchor)

Above DCMP Resistance:

⛔ 156.025 (Near-Term Barrier)

⛔ 156.755 (Swing High Ceiling)

Swing Levels Alert 📌

Swing High: 156.755 (4H/Daily Resistance)

Swing Low: 153.790 (Major Support Floor)

Technical Snapshot 📉

Fibonacci Retracement active between 153.790–156.755 range

RSI at 62.4 signals bullish bias but nearing overbought territory

MACD lines converging, suggesting potential momentum shift

Trade Setups 💼

Intraday Buy Opportunity 🟢

Entry: 🎯 155.056 (Key Support Cluster)

Stop Loss: 🚫 154.088 (Below Secondary Support)

Take Profit 1: 🏁 156.025 (Immediate Resistance)

Take Profit 2: 🏁 156.755 (Swing High Target)

Intraday Sell Opportunity 🔴

Entry: 🎯 156.025 (Resistance Zone)

Stop Loss: 🚫 156.624 (Above Swing High)

Take Profit 1: 🏁 155.056 (Core Support)

Take Profit 2: 🏁 153.790 (Swing Low Objective)

Risk Management ⚠️

Maintain 1:3 risk-reward ratio for favorable asymmetry

Monitor BoJ intervention rhetoric for JPY volatility triggers

Track US 10-year Treasury yields for dollar correlation cues

Price action hinges on 155.00 psychological level. Sustained hold above 155.056 may fuel bullish momentum, while breakdown below 154.088 could accelerate bearish moves.

Liquidity Note: Focus on Tokyo-London overlap (00:00–08:00 UTC) for high-impact price movements. Central bank speech events may override technical patterns.