USDJPY Forecast for NFP Week | Price at a Critical Turning Point

31 May

In this video, I’m diving into the USDJPY setup ahead of a high-impact week filled with major economic news like the NFP, ADP Employment, and speeches from the BoJ Governor.

We’ll walk through the technical zones I’m watching, discuss potential buyer and seller reactions, and outline the key catalysts that could move the market.

🔔 Don’t forget to like the video in support of my work.

Disclaimer:
Based on experience and what I see on the charts, this is my take. It’s not financial advice—always do your research and consult a licensed advisor before trading.

#USDJPY #ForexForecast #NFPWeek #ForexMentor #TechnicalAnalysis #ForexTrading #BoJ #TradeSetups #PriceAction #MarketBreakdown

2 Haz

İşlem aktif

#USDJPY

🗓 USDJPY Market Update – Monday Kickoff

The week has started on a strong bearish note as the Japanese Yen strengthens against a broadly weaker US Dollar.

This early move is being driven by growing confidence among investors that the Bank of Japan may continue raising interest rates, particularly as inflation in Japan becomes more widespread. That expectation is keeping the Yen supported for now.

On the flip side, the US Dollar is on the back foot, with traders still cautious and waiting for key economic data and further clarity on the Fed’s next steps.

🧭 On the 1-hour chart, I’ve identified a straightforward setup that reflects the current market sentiment and will inform my decision today.

🎯 We’ll break this down further in our upcoming live stream — see you soon.

2 Haz

Not

#USDJPY

📢 Market Update:

Just as discussed during this morning’s live stream, price is gradually building a structure around the pink ascending trendline on the 4H timeframe. This is a crucial zone [142.800] , and it’s high time to move stop-losses and secure some profit.

⚠️ Key Observations:

🟢 If sellers fail to break below the trendline, this could evolve into a reversal setup, fueling the second leg of the bullish momentum that began last week.

🔻 However, a clean breakdown and retest of the trendline will serve as a bearish confirmation — something we anticipated during our session.

✅ My position is secured now. I’ll be watching closely — a breakout above the neckline of the reversal setup will trigger fresh buying opportunities.

4 Haz

Not

#USDJPY

Quick Market Update

Price is back into the 143.800 key level we identified for the week, as the Yen regains some ground during the Asian session, following a fresh round of US Dollar strength from yesterday.

However, upside movement seems capped for now, with the Japanese Yen holding firm on the back of strong preliminary May Services PMI data from Japan.

While we await today’s US economic data for new momentum, the structure identified on the 15-minute timeframe [see chart below] reflects the current market sentiment. Personally, I’ll be waiting for significant confirmation before committing to any directional bias.

We’ll break this down further in our upcoming live stream. See you there! 🧠📊