empty
16.01.2025 09:31 AM
USD/JPY: Simple Trading Tips for Beginner Traders on January 16. Analysis of Yesterday's Forex Trades

Analysis of Trades and Trading Tips for the Japanese Yen

The test of the 156.63 level occurred when the MACD indicator had just begun to move downward from the zero level, confirming a valid entry point to sell the dollar. As a result, the pair decreased by approximately 60 pips.

Today's Producer Price Index (PPI) data from Japan prompted further buying of the yen against the dollar. Inflation rose by 0.3% month-over-month, while the annual growth reached an impressive 3.8%. The increase in producer prices is a critical signal for financial markets, leading to active investor responses. Rising inflation indicates sustained price pressures, which could potentially influence the country's monetary policy.

This current data reinforces expectations for possible monetary tightening by the Bank of Japan. Surveys suggest that the BOJ may raise rates at the upcoming meeting on January 24, with a potential increase of 0.5% by the end of March. However, the market remains vigilant regarding external economic factors, such as global inflation trends and policy changes by other central banks. Ensuring economic growth in Japan will be vital for the yen's continued strengthening and for the stability of financial markets.

Today, I will primarily focus on implementing Scenario #1 and Scenario #2.

This image is no longer relevant

Buy Signal

Scenario #1: Buy USD/JPY upon reaching the 156.43 level (green line on the chart) with a target of 157.01 (thicker green line). At 157.01, I plan to exit the long position and open a short position in the opposite direction, aiming for a 30-35 pip correction. Be cautious with longs, as downward pressure on the pair may return anytime. Important: Before buying, ensure that the MACD indicator is above the zero level and starting to rise.

Scenario #2: Buy USD/JPY if there are two consecutive tests of the 155.93 level while the MACD indicator is in the oversold zone. This will limit the pair's downward potential and lead to an upward market reversal. The expected targets are the 156.43 and 157.01 levels.

Sell Signal

Scenario #1: Sell USD/JPY after breaking below the 155.93 level (red line on the chart), which is expected to trigger a sharp decline in the pair. The key target for sellers will be 155.14, where I plan to exit the short position and open a long position in the opposite direction, targeting a 20-25 pip correction. Downward pressure on the pair is expected to persist today. Important: Before selling, ensure that the MACD indicator is below the zero level and starting to decline.

Scenario #2: Sell USD/JPY if there are two consecutive tests of the 156.43 level while the MACD indicator is in the overbought zone. This will limit the pair's upward potential and lead to a market reversal downward. The expected targets are the 155.93 and 155.14 levels.

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

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

EUR/USD: Dicas simples de negociação para traders iniciantes em 14 de fevereiro (sessão dos E.U.A.)

O teste do nível de preço de 1,0466 na primeira metade do dia coincidiu com o momento em que o indicador MACD começava a subir a partir da marca zero

Jakub Novak 17:35 2025-02-14 UTC+2

Estratégias intradiárias para traders iniciantes em 14 de fevereiro

O euro e a libra esterlina continuam em alta, ignorando as ameaças de Trump sobre possíveis tarifas comerciais e as declarações do Federal Reserve, que indicam a manutenção de juros

Miroslaw Bawulski 16:07 2025-02-14 UTC+2

USD/JPY: Dicas simples de negociação para traders iniciantes em 13 de fevereiro (sessão dos EUA)

O teste de 153,83 na sessão da manhã ocorreu quando o indicador MACD já havia se movido significativamente abaixo da marca zero, limitando o potencial de queda adicional

Jakub Novak 17:04 2025-02-13 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.