USD/JPY Price Analysis and Trade Forecast: Daily Trading Signal

Daily Price Outlook

- USD/JPY remains bearish below 154.20, with 153.74 as immediate support.

- 50-day EMA at 153.35 is a critical level; a break below could accelerate selling pressure.

- Resistance at 154.80 must be cleared for a bullish reversal, but downside risks remain dominant.

The USD/JPY pair is trading at 154.05, showing signs of weakness as it struggles to hold above its pivot point at 154.20. A failure to maintain this level suggests bearish momentum could intensify, with immediate support at 153.74.

A break below this threshold could expose the pair to deeper declines toward 153.27 and 152.77, reinforcing the case for a potential downside move.

On the upside, resistance is forming at 154.80, with further hurdles at 155.24 and 155.86. A push above these levels could reignite bullish sentiment, paving the way for renewed buying interest. However, current price action suggests selling pressure is capping gains, limiting any immediate recovery attempts.

The 50-day EMA at 153.35 serves as a key indicator to watch. If USD/JPY drops below this mark, it could confirm further downside potential, triggering additional selling pressure.

Conversely, a sustained move above the pivot at 154.20 may shift momentum in favor of buyers, though a decisive break above 154.80 would be required to confirm an uptrend.

Traders looking to capitalize on this setup may consider selling below 154.18, with a take-profit target at 153.50 and a stop-loss set at 154.78 to manage risk effectively. While short-term volatility remains, overall sentiment leans bearish unless buyers reclaim key resistance levels.

USD/JPY - Trade Ideas

Entry Price – Sell Below 154.189

Take Profit – 153.501

Stop Loss – 154.788

Risk to Reward – 1:1.5

Profit & Loss Per Standard Lot = +$688/ -$599

Profit & Loss Per Mini Lot = +$68/ -$59