USDJPY Daily Analysis Based on Main Key Levels – 28 April 2025

Daily Current Market Price (DCMP): 143.466 💹

• Swing High (Daily/4H): 151.214 | Swing Low (Daily/4H): 142.054

Critical Price Zones

Above DCMP (Resistance)

• R1: 143.985 🚩 | R2: 144.327 🚩 | R3: 144.881 🚩

Below DCMP (Support)

• S1: 142.878 🛡️ | S2: 142.536 🛡️ | S3: 141.983 🛡️

Technical Landscape

• Fibonacci Confluence: Strong support cluster at 141.983–142.536 (61.8% retracement zone from recent swing low).

• RSI (14): Neutral at 52.4, with bullish momentum building on 4H chart.

• MACD: Bullish crossover confirmed, signaling potential upward acceleration.

Intraday Trade Setups

Buy Opportunity 🟢

• Entry: 142.534 (key support zone)

• Stop Loss: 140.952 🔴

• Take Profit 1: 143.432 🟡

• Take Profit 2: 144.116 💹

Rationale: Price tests critical support with bullish MACD alignment. Upside targets align with intermediate resistance levels.

Sell Opportunity 🔴

• Entry: 144.116 (key resistance zone)

• Stop Loss: 145.094 🔴

• Take Profit 1: 143.432 🟡

• Take Profit 2: 142.878 🛡️

Rationale: Resistance test coincides with overextended price action. Downside targets align with Fibonacci support cluster.

Market Outlook

USDJPY consolidates near 143.466 with three decisive scenarios:

1. Bullish Breakout: Close above 144.881 (R3) opens path to 145.094 resistance.

2. Bearish Reversal: Breakdown below 141.983 (S3) risks test of 140.952 support.

3. Range Continuation: Oscillation between 142.536–144.327 likely amid BoJ policy uncertainty.

⚡ Key Catalyst: US Core PCE data release at 12:30 UTC may drive volatility – monitor liquidity conditions closely.