empty
10.04.2025 08:19 PM
USDJPY: Simple Trading Tips for Beginner Traders – April 10th (U.S. Session)

Trade Review and Tips for Trading the Japanese Yen

The price test at 146.88 occurred when the MACD indicator had just started moving upward from the zero line, confirming a valid entry point into the market. As a result, the pair rose by only 20 points before pressure on the dollar returned. I missed the sell opportunity at 146.38 since by the time the level was broken, the MACD had already moved significantly below the zero mark.

In the second half of the day, pressure on the yen may return due to the expected release of key U.S. consumer price index (CPI) data for March and labor market statistics. Investors will closely watch these events, as they may provide insight into the Federal Reserve's future interest rate path. Higher-than-expected inflation readings could boost demand for the dollar, strengthening expectations of a more hawkish Fed policy. On the other hand, weaker-than-forecast inflation data could undermine the dollar and support the yen. Fed members' speeches will also carry weight, as their comments may confirm or challenge current market expectations regarding future Fed policy.

For intraday strategy, I will primarily rely on implementing scenarios #1 and #2.

This image is no longer relevant

Buy Signal

Scenario #1: I plan to buy USD/JPY today upon reaching the entry point around 145.65 (green line on the chart), targeting a rise to 146.33 (thicker green line). Around 146.33, I plan to exit long positions and open short trades in the opposite direction (expecting a 30–35 point reversal from that level). A rise in the pair is only likely following strong U.S. data. Important! Before buying, make sure the MACD indicator is above the zero mark and just beginning to rise from it.

Scenario #2: I also plan to buy USD/JPY today if there are two consecutive tests of the 145.20 level, with the MACD in the oversold zone. This would limit the pair's downward potential and lead to a bullish market reversal. A rise toward the opposite levels of 145.65 and 146.33 can be expected.

Sell Signal

Scenario #1: I plan to sell USD/JPY today after a break below the 145.20 level (red line on the chart), which should lead to a sharp drop in the pair. The key target for sellers will be 144.49, where I plan to exit short positions and open long trades in the opposite direction (expecting a 20–25 point bounce). Pressure on the pair may arise at any moment today. Important! Before selling, make sure the MACD indicator is below the zero mark and just starting to decline from it.

Scenario #2: I also plan to sell USD/JPY today in case of two consecutive tests of the 145.65 level, with the MACD in the overbought zone. This would limit the pair's upward potential and lead to a bearish reversal. A drop toward the opposite levels of 145.20 and 144.49 can be expected.

This image is no longer relevant

Chart Legend:

  • Thin green line – entry price for buying the trading instrument
  • Thick green line – suggested Take Profit level or manual profit-taking area, as further growth beyond this level is unlikely
  • Thin red line – entry price for selling the trading instrument
  • Thick red line – suggested Take Profit level or manual profit-taking area, as further decline below this level is unlikely
  • MACD Indicator – when entering the market, it is crucial to follow overbought and oversold zones

Important Note: Beginner Forex traders must exercise great caution when deciding to enter the market. It is best to stay out of the market before the release of major fundamental reports to avoid sharp price swings. If you choose to trade during news releases, always place stop-loss orders to minimize losses. Without stop-losses, you could quickly lose your entire deposit, especially if you're not practicing proper money management and trading large volumes.

And remember: successful trading requires a clear plan—like the one outlined above. Making impulsive trading decisions based on the current market situation is a losing strategy for any intraday trader.

Seleccione el marco de tiempo
5
min
15
min
30
min
1
hora
4
horas
1
día
1
s.
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO

Recommended Stories

El Gas en un triángulo, el petróleo listo para saltar. La geopolítica vuelve a dictar las reglas del juego

El petróleo respira cambios. La política y la economía vuelven a entrelazarse en un nudo apretado, y los activos de materias primas —especialmente el petróleo y el gas— se convierten

Anna Zotova 11:21 2025-03-25 UTC+2

¿Crecimiento falso o nueva tendencia? Análisis de señales técnicas y fundamentales para el petróleo y el gas

Los futuros del petróleo Brent subieron a aproximadamente $71,3 por barril el martes, marcando la tercera sesión consecutiva de crecimiento, ya que la tensión en Medio Oriente eclipsó otros acontecimientos

Anna Zotova 10:58 2025-03-18 UTC+2

El S&P 500 asalta la cima. Informes sólidos y desregulación como detonantes del optimismo del mercado

El mercado bursátil vuelve a subir, con el S&P 500 en la cúspide de la euforia. ¿Qué será lo próximo? ¿Los aranceles y la política de la Reserva Federal reforzarán

Anna Zotova 10:18 2025-01-24 UTC+2

El S&P 500 está en la cima de la ola. Han aparecido síntomas de un mercado bajista

El jueves, los futuros de las acciones estadounidenses permanecen prácticamente sin cambios después de un impresionante rally en la sesión de trading anterior, cuando el S&P 500 alcanzó máximos históricos

Anna Zotova 09:58 2025-01-23 UTC+2

S&P 500. Sesgo alcista. El mercado sube con la vista puesta en Trump

Los futuros de las acciones estadounidenses registran ganancias el miércoles, tras el sólido repunte de la víspera. El martes, el índice S&P 500 subió un 0,88% y el Nasdaq sumó

Anna Zotova 10:28 2025-01-22 UTC+2

Petróleo y gas. Perspectivas para la semana

El petróleo Brent muestra un descenso, pero sigue negociándose por encima de los $80 por barril. No se descarta un fortalecimiento de la corrección hasta el rango de los $77,5-78,0

Anna Zotova 11:06 2025-01-20 UTC+2

USD/JPY: consejos simples para operar para traders principiantes el 17 de enero. Análisis de las operaciones de ayer en forex.

Análisis de operaciones y consejos para operar con el yen japonés La prueba del precio 155.96 coincidió con el momento en que el indicador MACD apenas comenzaba a moverse hacia

Jakub Novak 07:29 2025-01-17 UTC+2

GBP/USD: consejos simples para operar para traders principiantes el 17 de enero. Análisis de las operaciones de ayer en forex.

Análisis de operaciones y consejos para operar con la libra esterlina. La primera prueba del precio 1.2184 en la segunda mitad del día coincidió con el momento

Jakub Novak 07:29 2025-01-17 UTC+2

EUR/USD: consejos simples para operar para traders principiantes el 17 de enero. Análisis de las operaciones de ayer en forex.

Análisis de las operaciones y consejos para operar con el euro. La prueba del precio 1.0282 en la segunda mitad del día coincidió con el momento en que el indicador

Jakub Novak 07:29 2025-01-17 UTC+2

USD/JPY: consejos simples para operar para traders principiantes el 10 de enero. Análisis de las operaciones de ayer en Forex

Análisis de las operaciones y consejos para operar con el yen japonés La prueba del nivel de precio 157.98 coincidió con el momento en que el indicador MACD había descendido

Jakub Novak 08:05 2025-01-10 UTC+2
¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.