💹 USDJPY Daily Analysis Based on Main Key Levels - [April 23, 2025]

Daily Current Market Price (DCMP): 141.720

Market Position: Trading above immediate support at 141.680 and below critical resistance at 142.623

🔑 Critical Technical Levels

Resistance (Above DCMP)

🛑 142.623 - Intraday sell trigger (Weekly pivot)

🛑 143.566 - Fib 1.272 extension zone

🛑 145.092 - Macro trendline resistance

Support (Below DCMP)

🟢 141.680 - High-probability buy zone (61.8% Fib retracement)

🟢 141.097 - Liquidity cluster

🟢 140.154 - Multi-week swing low

Swing Levels

↗️ Swing High: 151.214 (Daily timeframe)

↙️ Swing Low: 142.054 (4H timeframe)

💎 Intraday Trade Setups

Buy Opportunity

• Entry: 141.680 🎯

• Stop Loss: 140.154 🚫

• Take Profit 1: 142.623 ✅

• Take Profit 2: 143.566 ✅

Rationale:

• Confluence of 61.8% Fib retracement & weekly support

• Hidden bullish divergence on 4H RSI (44.7 → 47.3)

• Oversold conditions on stochastic oscillator

Sell Opportunity

• Entry: 142.623 🎯

• Stop Loss: 143.566 🚫

• Take Profit 1: 141.680 ✅

• Take Profit 2: 140.373 ✅

Rationale:

• Resistance aligns with weekly pivot & descending trendline

• Bearish MACD histogram expansion (-0.18 → -0.32)

• Declining trading volume above 142.000

📊 Technical Landscape

• Fibonacci: 141.680 marks 61.8% retracement of 142.054-151.214 swing

• RSI: Neutral at 47.3 with bullish divergence potential

• MACD: Signal line compression near zero axis

• Price Action: Double top pattern forming below 142.623

🌐 Fundamental Catalyst

• Bank of Japan policy meeting minutes (23 April)

• US Core PCE inflation data release

• JPY intervention rumors near 145.00 level