empty
03.04.2025 06:43 PM
USD/JPY: Simple Trading Tips for Beginner Traders – April 3rd (U.S. Session)

Trade Breakdown and Trading Tips for the Japanese Yen

The test of the 147.16 level coincided with the MACD just beginning to move downward from the zero line, which, in a bearish trend, confirmed a valid entry point for selling the dollar. As a result, the pair dropped to the target level of 146.33.

The Japanese yen continues to see strong demand as a safe-haven asset following yesterday's tariffs announced by Donald Trump. Investors, concerned about a potential slowdown in global economic growth due to the trade war, are seeking the safety and stability traditionally provided by the yen. This trend is likely to persist as long as uncertainty around global trade remains.

Today's data includes U.S. weekly initial jobless claims and the ISM Services PMI. Only a strong services sector can rescue the dollar from another sell-off against the yen.

For intraday strategy, I'll primarily rely on implementing Scenario #1 and Scenario #2.

This image is no longer relevant

Buy Signal

Scenario #1: Today, I plan to buy USD/JPY at the entry point around 146.84 (green line on the chart), targeting a rise to 147.91 (thicker green line on the chart). Around 147.91, I will exit long positions and open shorts in the opposite direction, expecting a 30–35 point pullback. A bullish correction may support this upward move. Important: Before buying, ensure the MACD is above the zero line and just beginning to rise.

Scenario #2: I also plan to buy USD/JPY in case of two consecutive tests of the 145.95 level, when the MACD is in oversold territory. This will limit downward potential and may prompt a market reversal upward. A rise to the opposite levels of 146.84 and 147.91 can be expected.

Sell Signal

Scenario #1: I plan to sell USD/JPY after a break below the 145.95 level (red line on the chart), which could trigger a sharp drop in the pair. The primary target for sellers will be 144.72, where I plan to exit short positions and open longs in the opposite direction, expecting a 20–25 point rebound. Pressure on the pair may return at any moment today. Important: Before selling, confirm that the MACD is below the zero line and just starting to decline.

Scenario #2: I also plan to sell USD/JPY if there are two consecutive tests of the 146.84 level while MACD is in overbought territory. This will limit the upward potential and may result in a downward reversal toward 145.95 and 144.72.

This image is no longer relevant

Chart Key:

  • Thin green line – Entry price for buying the trading instrument
  • Thick green line – Suggested Take Profit or manual profit-taking level; further growth above this level is unlikely
  • Thin red line – Entry price for selling the trading instrument
  • Thick red line – Suggested Take Profit or manual profit-taking level; further decline below this level is unlikely
  • MACD indicator – Use overbought and oversold zones to guide market entries

Important Note for Beginner Traders:

Beginner Forex traders must be very cautious when entering the market. It's best to stay out of the market ahead of key fundamental releases to avoid sharp price swings. If you decide to trade during news events, always place Stop Loss orders to minimize potential losses. Without Stop Losses, you could lose your entire deposit very quickly—especially if you don't use money management and trade large volumes.

And remember: successful trading requires a clear trading plan, like the one provided above. Making spontaneous trade decisions based on current market conditions is fundamentally a losing strategy for intraday traders.

Jakub Novak,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Pavel Vlasov
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

USD/JPY: Simple Trading Tips for Beginner Traders on July 15. Analysis of Yesterday's Forex Trades

The test of the 147.40 level occurred just as the MACD indicator began moving upward from the zero line, confirming a valid entry point for buying the dollar, which

Jakub Novak 09:02 2025-07-15 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders on July 15. Analysis of Yesterday's Forex Trades

The test of the 1.3475 level occurred just as the MACD indicator began to move downward from the zero line, which confirmed the validity of the entry point for selling

Jakub Novak 09:02 2025-07-15 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders on July 15. Analysis of Yesterday's Forex Trades

The test of the 1.1684 level occurred at the moment when the MACD indicator had just started to move downward from the zero line, confirming a valid entry point

Jakub Novak 09:02 2025-07-15 UTC+2

Intraday Strategies for Beginner Traders on July 15

The Euro Held Its Ground Despite Rising Demand for the Dollar and U.S. Trade Threats, While the Pound Continued to Fall The euro managed to hold its position even amid

Miroslaw Bawulski 07:27 2025-07-15 UTC+2

USD/JPY: Simple Trading Tips for Beginner Traders – July 14th (U.S. Session)

Trade Analysis and Tips for the Japanese Yen The test of the 147.20 level occurred when the MACD indicator had just started to move down from the zero mark, confirming

Jakub Novak 19:23 2025-07-14 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders – July 14th (U.S. Session)

Trade Analysis and Tips for the British Pound The test of the 1.3484 level occurred when the MACD indicator had just started to rise from the zero mark, confirming

Jakub Novak 19:20 2025-07-14 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders – July 14th (U.S. Session)

Trade Analysis and Tips for the Euro The test of the 1.1672 level occurred at the moment when the MACD indicator had just started to move up from the zero

Jakub Novak 19:11 2025-07-14 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders on July 14. Analysis of Yesterday's Forex Trades

The price test at 1.1678 occurred when the MACD indicator had just begun moving downward from the zero line, confirming a valid entry point for selling the euro. However

Jakub Novak 09:15 2025-07-14 UTC+2

USD/JPY: Simple Trading Tips for Beginner Traders on July 14. Analysis of Yesterday's Forex Trades

The price test at 147.14 occurred when the MACD indicator had already moved well above the zero line, which limited the pair's upward potential. Today's data showing a slower decline

Jakub Novak 09:02 2025-07-14 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders on July 14. Analysis of Yesterday's Forex Trades

The price test at 1.3532 occurred when the MACD indicator had just begun moving downward from the zero line, confirming a valid entry point for selling the pound and resulting

Jakub Novak 09:02 2025-07-14 UTC+2
Can't speak right now?
Ask your question in the 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.