empty
02.07.2025 06:46 PM
USD/JPY: Simple Trading Tips for Beginner Traders – July 2nd (U.S. Session)

Trade Review and Recommendations for Trading the Japanese Yen

The test of the 143.73 level occurred as the MACD indicator began rising from the zero line, confirming a valid entry point for buying the dollar. This led to a rally of over 50 points in the pair.

Only strong U.S. ADP employment data for June can drive USD/JPY higher, breaking the recent consolidation trend and encouraging bullish activity. The market, weary of constant uncertainty from Trump and mixed signals, is eager for clear confirmation of U.S. economic resilience. The ADP report, often seen as a preview of official labor data, could serve as a catalyst for change. A reading above expectations in private sector job growth would strengthen the dollar and influence the Federal Reserve's outlook. Confidence in U.S. economic strength may also prompt the Bank of Japan to remain cautious regarding any future policy adjustments, thereby maintaining the current interest rate differential between the U.S. and Japan.

As for intraday strategy, I'll mainly 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 144.17 (green line on the chart), targeting a rise to 144.64 (thicker green line). At 144.64, I will exit long positions and open short positions in the opposite direction, expecting a 30–35 point pullback. A meaningful rise today is only likely if the data is strong.Important! Before buying, ensure the MACD indicator is above the zero line and just starting to rise.

Scenario #2:I also plan to buy USD/JPY if the price tests the 143.86 level twice in a row while the MACD is in oversold territory. This would limit the downward potential and trigger a reversal upward. A rally toward 144.17 and 144.64 may follow.

Sell Signal

Scenario #1:I plan to sell USD/JPY after a break below 143.86 (red line on the chart), which may lead to a sharp drop in the pair. Sellers' primary target will be 143.41, where I'll exit shorts and consider long positions in the opposite direction, expecting a 20–25 point rebound. Downward pressure will return if the data disappoints.Important! Before selling, make sure the MACD is below the zero line and just beginning to decline.

Scenario #2:I also plan to sell USD/JPY if the price tests 144.17 twice while the MACD is in overbought territory. This will limit the pair's upside and trigger a downward reversal. A decline toward 143.86 and 143.41 can be expected.

This image is no longer relevant

Chart Legend:

  • Thin green line – Entry price to buy the instrument
  • Thick green line – Suggested Take Profit or exit level, as further growth beyond this point is unlikely
  • Thin red line – Entry price to sell the instrument
  • Thick red line – Suggested Take Profit or exit level, as further decline beyond this point is unlikely
  • MACD Indicator – Entry decisions should be guided by overbought and oversold zones

Important Note:Beginner Forex traders should exercise great caution when entering the market. It's best to stay out of the market ahead of key fundamental reports to avoid sudden price spikes. If you choose to trade during news releases, always use stop-loss orders to limit potential losses. Without stop-losses, you risk losing your entire deposit quickly—especially if you don't follow money management rules and trade with large volumes.

And remember: successful trading requires a clear and structured trading plan, like the one presented above. Making impulsive trading decisions based on current market conditions is inherently 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

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

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
¿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.