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

Daily Price Outlook

- USD/JPY remains bullish above 148.18, with resistance at 148.94 and 149.15.

- 50-day EMA at 149.08 acts as a critical barrier to further upside.

- Break below 147.83 could trigger a deeper correction toward 147.41.

USD/JPY is trading near 148.62, up 0.02%, as buyers attempt to regain momentum following a brief consolidation. The pair is holding above the pivot level of 148.18, reinforcing the underlying bullish trend.

The 50-day EMA at 149.08 remains a key resistance zone, limiting further upside potential. If the pair breaks above 148.94, a rally toward 149.15 and 149.38 could follow.

However, sustained strength beyond these levels would require a broader shift in market sentiment, particularly from Federal Reserve policy expectations and risk appetite trends.

On the downside, 147.83 serves as immediate support, with a break below exposing 147.41 and 147.02. A break above 148.94 would confirm further upside, while a failure to hold 148.18 could introduce selling pressure.

USD/JPY - Trade Ideas

Entry Price – Buy Above 148.180

Take Profit – 148.944

Stop Loss – 147.828

Risk to Reward – 1: 2

Profit & Loss Per Standard Lot = +$764/ -$352

Profit & Loss Per Mini Lot = +$76/ -$35