empty
28.01.2025 09:49 AM
USD/JPY: Simple Trading Tips for Beginner Traders on January 28. Analysis of Yesterday's Forex Trades

Analysis of Trades and Trading Tips for the Japanese Yen

The test of the 154.35 price level coincided with the MACD indicator beginning to rise from the zero mark, confirming an optimal entry point for buying the dollar. As a result, the price increased by approximately 30 pips.

During the Asian session, the yen continued to decline following Trump's recent statements regarding trade tariffs he plans to impose on several countries. Surprisingly, news of a rise in the Bank of Japan's core consumer price index did not strengthen the yen, with the USD/JPY pair maintaining its upward trend. This suggests that Trump's trade policies have a significant impact on the currency market, putting the Japanese yen in a challenging position. Despite the positive data on core consumer price index growth, investors remain hesitant to buy the yen, reflecting their uncertainty about the stability of the Japanese economy. Many attribute this caution to global economic risks, primarily driven by escalating trade tensions. Furthermore, the introduction of new tariffs could pose additional challenges for Japanese exports to the U.S., negatively affecting demand for the yen. However, the BOJ's policy remains crucial, and any comments from its representatives regarding potential rate hikes could help restore demand for the yen.

For my intraday strategies, I plan to focus on implementing Scenarios #1 and #2.

This image is no longer relevant

Buy Signal

Scenario #1: Today, I plan to buy USD/JPY at the entry point around 155.96 (green line on the chart), with a target of rising to 156.90 (thicker green line). Around 156.90, I plan to exit buy positions and open sell trades in the opposite direction (anticipating a movement of 30–35 pips in the opposite direction). It's best to return to buying the pair on pullbacks and significant USD/JPY declines. Important! Before buying, ensure that the MACD indicator is above the zero mark and starting to rise.

Scenario #2: I also plan to buy USD/JPY today if the price level of 155.42 is tested twice consecutively, provided that the MACD indicator is in the oversold zone. This will limit the pair's downside potential and lead to a market reversal upward. Growth can be expected toward the opposite levels of 155.96 and 156.90.

Sell Signal

Scenario #1: I plan to sell USD/JPY today only after breaking below the 155.42 level (red line on the chart), which will lead to a rapid decline in the pair. The key target for sellers will be the 154.52 level, where I plan to exit sell positions and immediately open buy positions in the opposite direction (anticipating a movement of 20–25 pips in the opposite direction). Pressure on the pair could return at any moment. Important! Before selling, ensure that the MACD indicator is below the zero mark and starting to decline.

Scenario #2: I also plan to sell USD/JPY today if the price level of 155.96 is tested twice consecutively, provided that the MACD indicator is in the overbought zone. This will limit the pair's upward potential and lead to a market reversal downward. A decline can be expected toward the opposite levels of 155.42 and 154.52.

This image is no longer relevant

Chart Notes

  • Thin green line: Entry price for buying the trading instrument.
  • Thick green line: A suggested target for Take Profit or manually locking in profits, as further growth above this level is unlikely.
  • Thin red line: Entry price for selling the trading instrument.
  • Thick red line: A suggested target for Take Profit or manually locking in profits, as further decline below this level is unlikely.
  • MACD Indicator: Critical for identifying overbought and oversold zones to guide market entry decisions.

Important Note for Beginner Traders

  • Always approach market entry decisions cautiously.
  • Avoid trading during major news releases to sidestep volatile price swings.
  • If trading during news releases, always set stop-loss orders to minimize losses.
  • Trading without stop-loss orders or money management practices can quickly deplete your deposit, especially when using large volumes.
  • A clear trading plan, like the one outlined above, is essential for successful trading. Spontaneous trading decisions based on current market conditions are inherently disadvantageous for intraday traders.
Jakub Novak,
Especialista em análise na InstaForex
© 2007-2025
Selecionar intervalo de tempo
5
min
15
min
30
min
1
hora
4
horas
1
dia
1
s.
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO

Recommended Stories

USD/JPY: Dicas simples de negociação para traders iniciantes em 18 de fevereiro (sessão dos EUA)

O primeiro teste de 152,17 aconteceu quando o indicador MACD havia se movido significativamente para cima a partir da marca zero, limitando o potencial de alta do par - especialmente

Jakub Novak 17:10 2025-02-18 UTC+2

GBP/USD: Dicas simples de negociação para traders iniciantes em 18 de fevereiro (sessão dos EUA)

O teste de 1,2607 ocorreu quando o indicador MACD começou a se mover para cima a partir da marca zero, confirmando um ponto de entrada de compra válido e resultando

Jakub Novak 17:03 2025-02-18 UTC+2

EUR/USD: Dicas simples de negociação para traders iniciantes em 18 de fevereiro (sessão dos EUA)

O primeiro teste de 1,0469 na primeira metade do dia coincidiu com um momento em que o indicador MACD já havia se movido significativamente acima da marca zero

Jakub Novak 16:46 2025-02-18 UTC+2

GBP/USD: Dicas simples de negociação para traders iniciantes em 17 de fevereiro (sessão dos EUA)

Nenhum dos níveis identificados foi testado na primeira metade do dia. A falta de dados econômicos do Reino Unido e a baixa volatilidade do mercado desempenharam um papel importante nisso

Jakub Novak 20:08 2025-02-17 UTC+2

EUR/USD: Dicas simples de negociação para traders iniciantes em 17 de fevereiro (sessão dos EUA)

O teste de preço de 1,0482 na primeira metade do dia ocorreu quando o indicador MACD já havia se movido significativamente para baixo a partir da marca zero

Jakub Novak 20:00 2025-02-17 UTC+2

USD/JPY: Dicas simples de negociação para traders iniciantes em 17 de fevereiro (sessão dos EUA)

O teste de 151,81 na primeira metade do dia ocorreu quando o indicador MACD já havia subido significativamente acima da linha zero, o que limitou o potencial de alta

Jakub Novak 19:52 2025-02-17 UTC+2

EUR/USD: Dicas simples de negociação para traders iniciantes em 17 de fevereiro. Análise de negociação Forex

O teste do nível de 1,0477 ocorreu quando o indicador MACD estava apenas começando a subir a partir da linha zero, confirmando um ponto de entrada apropriado para a compra

Jakub Novak 14:03 2025-02-17 UTC+2

EUR/USD – Análise e previsão

O par EUR/USD está lutando para sustentar seu recente impulso de alta, enfrentando dificuldades para ampliar seus ganhos. Atualmente, está sendo negociado dentro de uma faixa estreita, logo abaixo

Irina Yanina 13:30 2025-02-17 UTC+2

USD/JPY: Dicas simples de negociação para traders iniciantes em 14 de fevereiro (sessão dos EUA)

O teste do nível de preços de 152,46 na primeira metade do dia ocorreu quando o indicador MACD já havia se movido significativamente abaixo da marca zero e permanecido

Jakub Novak 17:36 2025-02-14 UTC+2

GBP/USD: Dicas simples de negociação para traders iniciantes em 14 de fevereiro (sessão dos EUA)

O teste do nível de preço de 1,2565 ocorreu quando o indicador MACD já havia se movido significativamente acima da marca zero, limitando o potencial de alta

Jakub Novak 17:36 2025-02-14 UTC+2
Não pode falar agora?
Faça sua pergunta no 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.