empty
15.01.2025 09:45 AM
USD/JPY: Simple Trading Tips for Beginner Traders on January 15. Analysis of Yesterday's Forex Trades

Analysis of Trades and Trading Tips for the Japanese Yen

The test of the 158.10 level occurred when the MACD indicator had already risen significantly above the zero line, which limited the dollar's upside potential. For this reason, I chose not to buy.

Today's data on the change in Japan's monetary aggregate showed significant growth, providing a positive signal for investors. The increase in the money supply indicates that the Bank of Japan is actively taking measures to stimulate the economy, which could, in turn, strengthen the domestic currency. Combined with the growth in machinery orders, this information has bolstered confidence in the recovery of the Japanese economy. As a result, the yen appreciated, reflecting increased demand among traders for the Japanese currency. The current exchange rate dynamics illustrate the connection between economic data and financial market reactions. Japanese indicators are strengthening the yen, while uncertainty surrounding U.S. monetary policy is putting additional pressure on the dollar.

For today's intraday strategy, I will primarily rely on the implementation of Scenario #1 and Scenario #2.

This image is no longer relevant

Buy Signal

Scenario #1: Plan to buy USD/JPY today at the entry point around 157.62 (green line on the chart) with a target of 158.23 (thicker green line). At 158.23, I plan to exit the long position and open short positions, expecting a pullback of 30–35 pips. It is best to bet on further growth of the pair and buy on corrections. Important: Before buying, ensure that the MACD indicator is above the zero line and starting to rise.

Scenario #2: I also plan to buy USD/JPY today if the MACD indicator is in the oversold area and the pair tests the 157.15 level twice consecutively. This will limit the pair's downside potential and lead to an upward market reversal. Growth can be expected toward the opposite levels of 157.62 and 158.23.

Sell Signal

Scenario #1: Plan to sell USD/JPY today only after breaking below the 157.15 level (red line on the chart), which should lead to a quick decline in the pair. The key target for sellers will be 156.60, where I plan to exit the short position and immediately open long positions, expecting a pullback of 20–25 pips. Pressure on the pair is likely to persist until U.S. economic data is released. Important: Before selling, ensure that the MACD indicator is below the zero line and starting to decline.

Scenario #2: I also plan to sell USD/JPY today in the case of two consecutive tests of the 157.62 level when the MACD indicator is in the overbought area. This will limit the pair's upside potential and lead to a market reversal downward. Declines can be expected toward the opposite levels of 157.15 and 156.60.

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.
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 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

GBP/USD: 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 la libra esterlina La prueba del nivel de precio 1.2301 durante la segunda mitad del día coincidió con el momento

Jakub Novak 08:05 2025-01-10 UTC+2

EUR/USD: 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 euro La prueba del nivel de precio 1.0317 durante la segunda mitad del día coincidió con un momento

Jakub Novak 08:05 2025-01-10 UTC+2

GBPUSD: sencillos consejos de trading para principiantes para el 6 de enero. Análisis de las operaciones de divisas de ayer

Análisis de las operaciones y consejos para operar con la libra esterlina La prueba del precio en 1,2389 en la segunda mitad del día se produjo en un momento

Jakub Novak 09:10 2025-01-06 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.