💹🗾 USDJPY Daily Analysis Based on Main Key Levels – 24 April 2025

Current Market Price: 🎯 142.814

🎯 Critical Price Zones

Above Price (Resistance)

🔴 R3: 145.092 | R2: 144.149 | R1: 143.566

Below Price (Support)

🟢 S1: 141.680 | S2: 141.097 | S3: 140.154

Swing Extremes:

🔼 Swing High: 151.214 | 🔽 Swing Low: 142.054

📊 Technical Landscape

• RSI: Bearish divergence forming on 4H charts at 58.7

• MACD: Signal line crossover imminent below zero axis

• Price Action: Testing 142.800-143.000 consolidation zone

💡 Intraday Trade Opportunities

Trade Idea 1: Intraday Buy

• Entry: 🎯 142.623 (Confluence Support)

• Stop Loss: 🚫 142.054 (Below Swing Low)

• Take Profit 1: ✅ 143.641 (Immediate Resistance)

• Take Profit 2: ✅ 144.934 (Upper Resistance Band)

Rationale:

• Aligns with 61.8% Fibonacci retracement from 142.054 low

• Bullish hammer pattern observed on 1H timeframe

Trade Idea 2: Intraday Sell

• Entry: 🎯 143.566 (Key Resistance Cluster)

• Stop Loss: 🚫 144.135 (Above R2)

• Take Profit 1: ✅ 142.841 (Pivot Level)

• Take Profit 2: ✅ 141.548 (Strong Support Zone)

Rationale:

• Price rejection at 143.500 aligns with descending trendline

• Hidden bearish divergence on 4H RSI (64.3 → 62.1)

📉 Fibonacci Framework (4H)

• 38.2% Retracement: 143.200 acts as immediate resistance

• 127% Extension: 145.500 becomes viable if bullish momentum accelerates

⚠️ Risk Parameters

• Maintain 1:3 risk-reward ratio for all trades

• Monitor BOJ policy statements at 11:50 JST

• Avoid trading during US core PCE data release (12:30 GMT)