🏆 USDJPY 5th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 155.502

📊 Key Levels

Above DCMP (Resistance): 156.025 (Intraday Sell Zone)

Below DCMP (Support): 155.056 (Intraday Buy Zone)

Swing High: 156.755 | Swing Low: 153.790

📉 Technical Snapshot

Critical Levels:

Resistance: 156.025 (R1), 156.624 (R2)

Support: 155.056 (S1), 154.088 (S2)

Technical Indicators:

RSI divergence near resistance hints at bearish reversal potential.

MACD bullish crossover aligns with Fib retracement at 155.056 (38.2%).

Fib Levels: Price respects Fib extension at 156.025 (61.8%) as resistance.

💡 Trade Setups

📈 Intraday Buy Trade

Entry Price: 🟢 155.056

Stop Loss: 🔴 154.088

Take Profit 1: 🟡 155.502

Take Profit 2: 🟠 156.025

Rationale: DCMP consolidates above 155.056 with bullish MACD momentum and Fib confluence.

📉 Intraday Sell Trade

Entry Price: 🔴 156.025

Stop Loss: 🟢 156.624

Take Profit 1: 🟡 155.198

Take Profit 2: 🟠 154.683

Rationale: Strong resistance at 156.025 (weekly R1) paired with overbought RSI favors downside.

📌 Final Insights

Critical Zones: Monitor 155.056 (bullish defense) and 156.025 (bearish trigger).

Fundamental Catalyst: BoJ intervention risks and Fed rate expectations may drive volatility.