empty
11.07.2025 01:49 PM
USD/JPY: Simple Trading Tips for Beginner Traders – July 11th (U.S. Session)

Trade Review and Tips for Trading the Japanese Yen

The price test at 146.83 occurred when the MACD indicator had already moved far below the zero line, limiting the pair's downward potential. Shortly afterward, the same level was tested again—this time with the MACD in the oversold zone—allowing Scenario #2 for buying the dollar to play out. As a result, the pair rose by more than 30 points.

The market seems to be waiting for more substantial drivers that could push USD/JPY out of its current range. Investors have adopted a wait-and-see approach, hesitant to act ahead of important events. Current volatility remains low, reflecting uncertainty among market participants. On the one hand, the dollar is supported by the generally positive performance of the U.S. economy; on the other, risks related to trade tensions and political instability continue to weigh on sentiment. Today, USD/JPY is unlikely to see any significant movement, so it may be best to delay trading decisions until next week.

However, investors will continue to monitor developments in trade negotiations. Any signs of progress could boost market optimism and support risk assets, which would likely cause the USD/JPY pair to decline.

For the intraday strategy, I will primarily rely on Scenarios #1 and #2.

This image is no longer relevant

Buy Signal

Scenario #1: I plan to buy USD/JPY today after the price reaches the 147.14 level (green line on the chart), with a target at 147.64 (thicker green line). Around 147.64, I plan to exit long positions and open short ones, anticipating a 30–35 point move in the opposite direction. A continued upward trend in the pair is likely. Important: Before buying, make sure the MACD indicator is above the zero line and just beginning to rise.

Scenario #2: I also plan to buy USD/JPY today if there are two consecutive tests of the 146.83 level while the MACD is in the oversold zone. This will limit the pair's downside and trigger a reversal to the upside. The targets in this case would be 147.14 and 147.64.

Sell Signal

Scenario #1: I plan to sell USD/JPY after the price breaks below 146.83 (red line on the chart), which could trigger a quick decline. The main target will be 146.36, where I will exit short positions and consider opening long ones, expecting a 20–25 point reversal. Selling pressure on the pair may return if weak economic data is released.Important: Before selling, ensure the MACD is below the zero line and just beginning to decline.

Scenario #2: I also plan to sell USD/JPY today if there are two consecutive tests of the 147.14 level while the MACD is in the overbought zone. This would limit the pair's upward potential and trigger a reversal to the downside. The expected targets would be 146.83 and 146.36.

This image is no longer relevant

Chart Notes:

  • Thin green line – entry level for buying the instrument
  • Thick green line – suggested level for Take Profit or manual exit from long positions, as further growth above this level is unlikely
  • Thin red line – entry level for selling the instrument
  • Thick red line – suggested level for Take Profit or manual exit from short positions, as further decline below this level is unlikely
  • MACD indicator – use overbought/oversold zones as confirmation when entering the market

Important: Beginner Forex traders should exercise caution when entering the market. It is best to stay out of trades before the release of major fundamental reports to avoid sharp price swings. If you do choose to trade during news events, always place stop-loss orders to minimize potential losses. Trading without stop-losses can result in the rapid loss of your entire deposit—especially if you neglect proper money management or use large position sizes.

And remember, successful trading requires a well-defined plan, like the one presented above. Making impulsive decisions based on current market conditions is usually a losing strategy for intraday traders.

Summary
Urgency
Analytic
Pavel Vlasov
Start trade
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

Petróleo. ¿El mercado mantendrá el soporte o las tendencias perforadas se convertirán en una trampa para los alcistas?

Desde principios de semana, el mercado del petróleo se mantiene en un equilibrio tenso. El Brent, que perdió su tendencia alcista de mayo, solo logró recuperar parcialmente la caída: tras

Anna Zotova 14:35 2025-07-24 UTC+2

GBP/USD: plan para la sesión europea del 22 de julio. Informes COT (análisis de las operaciones de ayer). La libra se fortaleció bastante bien

Ayer se formaron varios puntos de entrada al mercado. Vamos a mirar el gráfico de 5 minutos y analizar lo que ocurrió. En mi pronóstico de la mañana presté atención

Miroslaw Bawulski 07:51 2025-07-22 UTC+2

Petróleo. Compresión hacia la resistencia y exportación forzada de petróleo desde Irán: señales preocupantes

Los futuros del petróleo Brent se acercaron a la zona de resistencia descendente, pero no lograron consolidarse por encima, retrocediendo hacia abajo. El panorama técnico sigue siendo tenso: el precio

Anna Zotova 13:20 2025-06-20 UTC+2

OPEP+ golpea al esquisto, el Brent pierde apoyo

Los futuros del crudo Brent vuelven a estar bajo presión: el precio no logró mantenerse por encima de la zona clave de $65,5 por barril y entró en una fase

Anna Zotova 14:04 2025-05-22 UTC+2

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
¿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.