USDJPY_104 2025.01.14 06:13:21 Trading Signal SELL

FrankPro Signal for USDJPY_104



Type: Screen
Signal: SELL
TP: 157.398
SL: 157.728
Entry Price: 157.668



http://192.168.87.246/content/images/USDJPY.png

Flexity Analysis for USDJPY



Forecast Overall(Short-Term, Long-Term): ST=Strong Down LT=Strong Up

Forecast Methods(Short-Term, Long-Term):
[Method0] ST=Down LT=Up

[Method1] ST=Down LT=Up

[Method2] ST=Down LT=Up



FlexityIndicator Analysis Method(0)


Here is the data structured and formatted in HTML for better readability:

USD/JPY Price Movement Analysis

Short-term (January 13-17, 2025)

Expected Price Movement DOWN (with a potential fall to below 151.05)
Key Signals
  • Test of the descending trend line on the relative strength indicator
  • Rebound from the upper border of the "Wedge" reversal pattern
Potential Price Levels
  • Resistance level near 160.35
  • Potential fall to the area below 151.05
  • Breakout of the 163.55 area would cancel the fall option and indicate continued growth towards the 167.55 area

Long-term (Quarterly and 12-month Forecast)

Expected Price Movement UP (with a potential target of 168.19 in 12 months)
Forecasted Price Levels
  • 159.99 by the end of the quarter
  • 168.19 in 12 months (according to Trading Economics models)
Key Levels to Watch
  • 156.75 to 160.00 range as significant resistance
  • Support levels at 156.00 and 155.00

Overall Analysis

The analysis suggests a potential short-term correction downwards, but a longer-term bullish trend.


Result: [Method0] ST=Down LT=Up


FlexityIndicator Analysis Method(1)


Here is the data structured and formatted in HTML for better readability:

USD/JPY Price Movement Forecast

Short-term Forecast (January 13-17, 2025)

Expected Price Movement Down
Forecast Details
  • Attempt at correction and test of resistance level near 160.35
  • Rebound downwards, potentially leading to a fall to the area below 151.05

Long-term Forecast (2025)

Expected Price Movement Stay the same or potentially go up slightly
Forecast Details
  • Rising US yields and hawkish Fed signals may fuel dollar strength
  • Threat of BoJ intervention and dependence on US inflation and unemployment rates may limit upward movement
  • Analysts' expectations:
    • 159.99 by the end of the current quarter
    • 168.19 in 12 months

Please note that these conclusions are based on the provided analysis and are subject to various economic and geopolitical factors that could influence the pair's movement.


Result: [Method1] ST=Down LT=Up


FlexityIndicator Analysis Method(2)


Here is the data structured and formatted in HTML for better readability:

USD/JPY Pair Predictions

Short-term (next few days to a week)

The price is expected to go down. The analysis suggests that the bullish momentum is showing signs of fatigue, with the RSI diverging from the price and the MACD generating a near-term bearish signal. Additionally, the forecast expects a rebound downwards after testing the resistance level near 160.35, potentially leading the pair to fall below the 151.05 level.

Potential Trading Strategy Wait for a retest of Friday's high of 158.88 and initiate short positions if the price is rejected again at this level.

Long-term (weeks to months)

The price is expected to stay the same or potentially go up. Despite the short-term bearish signals, the pair has been in a strong bullish trend, having broken through previous resistances and downtrend lines. The hawkish expectations from the US Federal Reserve are also supporting the US dollar and the USD/JPY pair.

  • However, the uncertainty over the Bank of Japan's rate hike plans and the widening US-Japan yield differential could cap further gains for the yen, which may limit the upside potential for the USD/JPY pair.

Please note: These predictions are based on the analysis provided and are subject to change as new data and events unfold.


Result: [Method2] ST=Down LT=Up


GIF