empty
06.02.2025 03:09 PM
USD/JPY: Simple Trading Tips for Beginner Traders on February 6th (U.S. Session)

Analysis of Trades and Trading Recommendations for the Japanese Yen

The 152.85 price test earlier today coincided with the MACD indicator moving significantly above the zero mark and remaining in the overbought zone for an extended period. This, combined with divergence, confirmed a strong selling opportunity for USD/JPY, aligning with the ongoing downtrend observed in recent days. As a result, the pair declined by more than 30 points.

The next key event is the upcoming U.S. labor market data. If initial jobless claims remain at the same level as the previous week, it is unlikely to attract much attention from economists and traders. A stable labor market despite economic uncertainty could support the dollar, but market participants will focus more on speeches from FOMC members Christopher Waller and Mary Daly, both known for their dovish stance on future monetary policy.

If they suggest that Trump's policies are not yet influencing the Fed's outlook, it could put additional pressure on the dollar and boost demand for the Japanese yen.

For my intraday strategy, I will primarily rely on Scenario #1 and Scenario #2, following the continuation of the downtrend.

This image is no longer relevant

Buy Signal

Scenario #1: Buying USD/JPY is possible at 152.73 (green line on the chart) with a target of 153.35. At 153.35, I plan to exit long positions and open sell trades in the opposite direction, aiming for a 30-35 point downward move. Buying USD/JPY today is only advisable after strong U.S. data.

Important! Before buying, ensure that the MACD indicator is above the zero mark and just starting to rise.

Scenario #2: I also plan to buy USD/JPY if the price tests 152.26 twice, provided the MACD indicator is in the oversold zone. This will limit downside risk and lead to a reversal upwards. Target levels: 152.73 and 153.35.

Sell Signal

Scenario #1: Selling USD/JPY is possible after breaking 152.26 (red line on the chart) with a target of 151.64. At 151.64, I plan to exit short positions and immediately buy in the opposite direction, aiming for a 20-25 point upward move. Selling pressure will increase if U.S. data is weak.

Important! Before selling, ensure that the MACD indicator is below the zero mark and just starting to decline.

Scenario #2: I also plan to sell USD/JPY if the price tests 152.73 twice, provided the MACD indicator is in the overbought zone. This will limit the upward potential and lead to a market reversal downward. Target levels: 152.26 and 151.64.

This image is no longer relevant

Chart Key

  • Thin green line – Entry price for buying.
  • Thick green line – Estimated Take Profit level or potential price to exit long positions, as further growth above this level is unlikely.
  • Thin red line – Entry price for selling.
  • Thick red line – Estimated Take Profit level or potential price to exit short positions, as further decline below this level is unlikely.
  • MACD Indicator – Always consider overbought and oversold zones before entering the market.

Important Notes for Beginner Forex Traders

Be cautious when making trading decisions, especially before key fundamental reports are released. Avoid trading during major news events to minimize exposure to sharp price swings. Always set stop-loss orders to limit potential losses. Trading without stop-loss orders can quickly deplete your deposit, especially when trading large volumes.

A well-structured trading plan is essential—use a strategy similar to the one outlined above. Avoid impulsive trading decisions based on current market movements—this approach is typically a losing strategy 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 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

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
¿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.