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

Daily Price Outlook

- USD/JPY trades above 150.082 pivot and 50 EMA, reinforcing bullish bias.

- Resistance levels at 150.946, 151.317, and 151.714 are in focus.

- Downside risks emerge below 149.560 with support at 149.145 and 148.612.

The USD/JPY pair is trading slightly higher at 150.418, maintaining its position above the key pivot point of 150.082. The 50-period Exponential Moving Average, currently at 150.042, aligns closely with this pivot, acting as a technical base and reinforcing short-term bullish sentiment.

The immediate resistance sits at 150.946. A decisive break above this level could propel the pair toward the next resistance zones at 151.317 and 151.714.

These levels mark key psychological and historical barriers, and a sustained advance through them may signal a continuation of the broader uptrend fueled by policy divergence between the Federal Reserve and the Bank of Japan.

On the downside, initial support rests at 149.560, followed by 149.145 and deeper at 148.612. A break below these zones would challenge the current bullish structure and suggest a potential shift in momentum, particularly if accompanied by dovish U.S. economic data or geopolitical risk aversion.

As long as the price holds above the pivot and 50 EMA, the bullish bias remains intact. A suggested entry above 150.089 targets a move to 150.887, with a stop loss at 149.651 to manage downside risk.

Traders should monitor upcoming U.S. inflation and job data for fresh directional cues, as these may significantly impact Fed rate expectations and dollar flows.

USD/JPY - Trade Ideas

Entry Price – Buy Above 150.089

Take Profit – 150.887

Stop Loss – 149.651

Risk to Reward – 1: 1.8

Profit & Loss Per Standard Lot = +$798/ -$438

Profit & Loss Per Mini Lot = +$79/ -$43