USD/JPY โ 1H โ Channel Breakdown & BoJ Rate Hike (02.09.2026)USD/JPY โ 1H โ Channel Breakout Pattern / Bearish Setup
USD/JPY has rejected the 160.15โ160.40 resistance zone and broken below the rising channel structure. The bearish move keeps 159.00 as the first key support, while a deeper decline could expose 158.50. Fundamentals are also becoming more yen-positive as BoJ hike expectations and intervention pressure increase.
๐ด 1st Support : 159.00
๐ด 2nd Support : 158.50
๐ข Resistance Zone : 160.15 โ 160.40
๐ฐ Fundamentals and Live Headlines :
1. BoJ Governor Ueda signaled that a September rate hike will be debated
2. Japanese bond yields moved higher
USD/JPY - D1 chart also, wedge breakout.
โ ๏ธ Disclaimer: This analysis is for educational purposes only.
Support the idea ๐ Boost | ๐ฌ Comment | ๐ Share
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๏ปฟUSDJPY Bullish Breakout โ Continuation SetupUSDJPY has broken above the **159.70โ159.80 resistance zone**, confirming bullish momentum. The rising trendline continues to support the higher-low structure, suggesting buyers may push price toward the next upside target. As long as price holds above the breakout area, the bullish setup remains valid.
๐ฏ **Buy Target: 160.62**
๐ก๏ธ **Key Support: 159.70โ159.80**
๐ **Bias: Bullish above the breakout zone**
USDJPY 30Min Engaged ( Bearish Reversal Detected )HANZO MARKET LIQUIDITY REPORT
USDJPY
Timeframe: 30min (Volume Basis)
Scale: Higher Timeframe Context / Deep Volume analysis
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Market Observation
This analysis is focusing on structural behavior, liquidity zones, Volume analysis
and key areas of interest within the current range.
โโโโโโโโโโโโโโโโโโโโโโ
Market Bias
Full liquidity Map
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๐ฅBearish Reversal
Key Volume Zone : 157.900 Area
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Structure Factors:
โข Higher timeframe Volume reaction level
โข High-volume / Hidden
โข Range Defend structure
โข Volume Stacking
โข Quarter Volume
USDJPY: Suspected Intervention Triggers Sharp Sell-OffUSDJPY: Suspected Intervention Triggers Sharp Sell-Off
Yesterday during the opening of the US trading session, USDJPY and all XXXJPY pairs started to fall aggressively at the same time and the price fell by almost 170 pips in a few minutes. A clear signal of currency intervention. All in line with the Japan-US comments made on September 1.
Japanese Finance Minister Katayama met with US Treasury Secretary Bessent at the G20, confirming that the yen and foreign exchange rates are essential for global financial stability and that joint intervention remains important, while refusing to comment on the current levels of the yen.
In my opinion, Japan and the US are still making controlled currency interventions. The price fell by almost 220 pips yesterday and during the Tokyo trading session another decline of almost 170 pips began. The downward movement is almost 320 pips overall.
USDJPY may extend the move to 156.80 - 155.50
The selling may get bigger. We never know when they will be able to stop this foreign exchange intervention or price manipulation. You can give it a name.
โ ๏ธBe careful because if they stop the intervention, USDJPY may rise again. It's a crazy market and very volatile.
You can find more details on the chart.
Thank you! ๐
โ ๏ธPS: Do your own analysis and use your own strategy to join the trade.
โค๏ธ If this analysis helps your trading day, please support it with a like or comment โค๏ธ
#USDJPY Weekly: Price Reaches a Major Decision Zone!๐บUSDJPY is trading near 156.20 after a strong rejection from the 162.00โ164.00 premium selling region. The weekly chart now presents two credible scenarios: recovery from current support or a deeper correction toward lower liquidity.
Neutral Price-Action Overview
๐บFrom the 2025 low near 140.00, USDJPY developed a sequence of higher highs and higher lows. Several bullish Breaks of Structure (BOS) confirmed that buyers controlled the broader advance.
๐บPrice eventually reached the premium area around 162.00 and briefly traded near 164.00 before sellers responded. A premium zone represents the upper portion of a trading range where selling interest may increase, but reaching it does not automatically confirm a reversal.
๐บThe subsequent decline has returned price to the rising trend line and previous breakout region near 155.00โ156.50. This is an important decision area because it may either support another bullish expansion or give way to a larger correction.
Bullish Scenario
๐บThe bullish structure could remain valid if the current support region holds and price forms a clear rejection.
Confirmation may include:
* A bullish weekly rejection candle
* A lower-timeframe Change of Character (CHoCH)
* A new bullish BOS
* Recovery and acceptance above 158.00โ160.00
๐บIf buyers regain control, the first significant objective would be the 162.00โ164.00 resistance region. A sustained weekly close above 164.00 could expose higher levels around 168.00 and eventually 172.00.
๐บUntil price reclaims the 158.00โ160.00 area, however, bullish continuation remains a possibility rather than a confirmed move.
Bearish Scenario
๐บA bearish continuation would become more convincing if USDJPY closes decisively below 155.00โ156.00 and then fails to recover that region.
๐บThis would indicate that the rising support structure has weakened and that the rejection from the premium zone may be developing into a broader correction.
Potential downside objectives include:
1. 152.00โ153.00 โ previous internal-liquidity and structural area
2. 148.00โ150.00 โ former consolidation and demand region
3. 144.00 โ the broader downside objective shown on the chart
๐บFor a higher-quality bearish setup, traders could wait for a confirmed breakdown followed by a retest of the broken support as resistance. Selling directly into support carries the risk of entering just before a recovery.
Invalidation Levels
For the bullish scenario:
๐บA weekly close below 155.00 would weaken the immediate recovery setup. Continued selling below 152.00 would provide stronger evidence that a deeper correction is underway.
For the bearish scenario:
๐บA sustained weekly close above 164.00 would invalidate the current reversal structure and support continuation toward higher price levels.
Retail Trader Takeaway
๐บUSDJPY is positioned between major resistance around 162.00โ164.00 and immediate support near 155.00โ156.50. Neither direction is fully confirmed at the current price.
๐บRetail traders should avoid predicting the next move solely from the trend-line test. A recovery above 158.00โ160.00 would strengthen the bullish case, while a confirmed weekly breakdown below 155.00 would favour the bearish scenario.
๐บWait for confirmation, place the stop-loss beyond the structure that supports the trade and adjust position size according to the distance of that stop. Treat each target as a possible reaction area rather than a guaranteed destination.
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THE SETUPSFX_ TEAM
JPYUSD | Bearish Structure Near Key Support & Liquidity๐น JPYUSD remains within a broader bearish market structure, with price forming lower highs and lower lows inside the descending red trend channel. The recent rebound from the lower boundary was rejected near the 0.00630โ0.00632 resistance and liquidity area, followed by renewed selling pressure. Price is now trading closer to the highlighted support zone around 0.00622โ0.00624, making this area important for the next price action reaction. The structure currently favors caution while sellers maintain control below the descending resistance.
๐ธ If the JPYUSD support zone holds, price could attempt a corrective bounce toward the nearby resistance and liquidity area, but confirmation from price action may be useful before considering any trade. A clear rejection from support could keep the broader bearish structure intact, while a decisive break below the support zone could expose further downside within the channel. Conversely, a strong reclaim of resistance might weaken the current bearish structure and suggest a potential shift in momentum.
This analysis is for educational purposes only and does not constitute financial or investment advice. Always conduct your own research before making trading decisions.
USDJPY 1H:Bearish Rejection Resistance Trendline Break PotentialUSDJPY 1H: Bearish Rejection at Resistance & Trendline Break Potential
USDJPY is testing the blue Resistance Area near 160.000โ160.200 on the 1H chart, showing potential rejection. A breakdown below the primary ascending trendline could spark downside momentum toward lower support zones.
๐ Downside Map
๐ฏ Objective 1: 159.492
๐ฏ Objective 2: 158.887
โ ๏ธ Bearish Confirmation
A sustained 1H close below the ascending trendline (around 159.800) strengthens the downside structure and increases the probability of a decline toward the 1st Support level.
๐ Invalidation
A strong bullish breakout and 1H close above 160.200 would weaken the bearish setup and invalidate the expected reversal.
Key Levels
๐ด Resistance Area: 160.000 - 160.200
๐ข First Objective: 159.492
๐ข Second Objective: 158.887
โก Bias: Bearish below 160.200 upon trendline breakdown
USD/JPY | USDJPY Losing Momentum, $158 Is The Key!By analyzing the #USDJPY chart on the Daily timeframe, we can see that after the previous analysis, price managed to reach the 160.00 region but failed to maintain the recovery and is now trading around 158.67 .
In my view, USDJPY could still move lower toward the important 158.00 level. If price breaks and stabilizes below this area, the probability of a deeper bearish move increases significantly.
If this analysis has been useful so far, give it a Boost to support my work and let me know you want more USDJPY updates like this. โค๏ธ
The next downside targets Iโm watching are 157.50, 157.00, 156.30, 155.50 and potentially 154.50 if selling pressure continues.
For now, 158.00 is the main level to watch .
USDJPY: Local Breakdown Targets Major Ascending SupportFX:USDJPY is showing a bearish shift on the 1H timeframe after rejecting the upper resistance boundary and breaking below the recent local rising structure.
Price is now trading below the 159.80โ159.90 breakdown / retest zone . As long as this area holds as resistance, the current move can continue lower. The 159.10 area is the first intermediate support, while the broader target sits near the major ascending trendline around 158.65โ158.80.
Resistance: 159.80โ159.90, 160.20
Support: 159.10, 158.65โ158.80
A sustained reclaim above the local breakdown zone would weaken the bearish scenario, while continued rejection below it keeps pressure toward the major ascending support.
USDJPY โ Range Support Back in FocusUSDJPY has been trading within a large range, repeatedly reacting between its major support and resistance zones.
After rejecting the upper side of the range, price moved sharply lower and is now retesting the lower boundary around the green support zone.
As long as this support continues to hold, we will be looking for long setups, targeting a move back toward the upper areas of the range.
๐ Simple range logic: near support, we look for buys. Near resistance, we look for sells.
โ ๏ธ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always manage your risk and wait for proper confirmation before entering a trade.
๐ Stick to your trading plan regarding entries, risk, and management.
Good luck! ๐
All Strategies Are Good; If Managed Properly!
~Richard Nasr
USDJPYHello Traders! ๐
What are your thoughts on USDJPY?
Following intervention by the Bank of Japan, USD/JPY experienced a sharp decline from around 164.00 to 155.00, breaking below both the ascending trendline and the key 160.00 support zone.
Price is currently in the process of completing a pullback toward the broken support area, which could now act as resistance.
We expect the pullback to face selling pressure around the 159.60โ160.70 resistance zone. If price is rejected from this area, the bearish structure would remain intact, increasing the probability of another decline toward lower levels.
A rejection from the broken 160.00 area could trigger the next leg lower, with 157.00 and 155.00 as potential downside levels.
The key level to watch remains the 160.00โ160.70 zone. A decisive daily close above this area would weaken the bearish setup.
If you found this analysis helpful, please support it with a like and share your thoughts in the comments! Good luck with your trades!โค๏ธ
USDJPY: Bullish Continuation ๐บ๐ธ๐ฏ๐ต
A quick follow-up for yesterday's idea for USDJPY.
The price retested a recently broken daily structure resistance.
After its test, the price violated a resistance line of a bullish flag pattern on a 4H time frame.
We can expect that the market will continue rising and reach 160.19 level.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USD/JPY: Another day, another interventionThe USD/JPY pair dropped a further 130 pips to hit the 200-day moving average and then bounced back a little. It is still yet to get back to the pre-suspected-intervention level of 159.50ish, but i wouldn't bet against it. after all, previous rounds of yen-buying haven't worked, have they? All eyes on oil prices, which are now creeping higher again after the earlier decline. if oil bounces back, the USD/JPY may follow it higher. Line in the sand is at around 158.00. Bearish on closing break below that. Key levels to watch on the upside is art 159.50, then 160.00.
By Fawad Razaqzada, market analyst with FOREX.com
Bearish reversal for the Ninja?The price is rising towards the resistance level, which is an overlap resistance and could reverse from this level to our take profit.
Entry: 160.92
Why we like it:
There is an overlap resistance level.
Stop loss: 162.75
Why we like it:
There is a pullback resistance level.
Take profit: 159.70
Why we like it:
There is a pullback support level.
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USDJPY: Rebound Into Resistance Zone on 2HFX:USDJPY remains under bearish pressure on the 2H timeframe after the sharp breakdown from the upper part of the structure.
Price has already reached the marked strong support area around 155.00 and is now attempting a corrective rebound. This bounce may extend toward the 157.80โ158.20 resistance zone, which also aligns with the previously broken support area and keeps the current recovery limited for now.
As long as USDJPY stays below the resistance zone and below the major descending resistance line, the broader bearish structure remains intact. In that case, the rebound could turn into a retest before sellers push the pair back down toward the 155.00 target zone again.
Resistance: 157.80, 158.20, 160.00
Support: 156.00, 155.00
USDJPY 30Min Engaged ( Bullish Reversal Detected )HANZO MARKET LIQUIDITY REPORT
USDJPY
Timeframe: 30min (Volume Basis)
Scale: Higher Timeframe Context / Deep Volume analysis
โโโโโโโโโโโโโโโโโโโโโโ
Market Observation
This analysis is focusing on structural behavior, liquidity zones, Volume analysis
and key areas of interest within the current range.
โโโโโโโโโโโโโโโโโโโโโโ
Market Bias
Full liquidity Map
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๐ฅBullish Reversal
Key Volume Zone : 159.770 Area
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Structure Factors:
โข Higher timeframe Volume reaction level
โข High-volume / Hidden
โข Range Defend structure
โข Volume Stacking
โข Quarter Volume
USDJPY: Trendline Support & Bullish ContinuationUSDJPY: Trendline Support & Bullish Continuation ๐
USDJPY is holding above the ascending trendline and the Support Area (159.100 - 159.300) on the 1H chart, indicating potential upward momentum targeting the upper resistance level.
Trade Plan:
โข Entry: Market Price / Dip near 159.450
โข Stop Loss: 159.100
โข Target: 159.814
Invalidation: 1H close below 159.100.
Note: Educational purposes only. Always use proper risk management.
USDJPY: Confirmed BoS ๐บ๐ธ๐ฏ๐ต
I see a valid bullish break of structure on USDJPY on a daily time frame.
The broken structure turned into a potentially strong horizontal support.
The price is retesting that at the moment.
I expect that the pair will continue rising and reach 160.75 level soon.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USDJPY 30Min Engaged ( Bearish Reversal Detected )HANZO MARKET LIQUIDITY REPORT
USDJPY
Timeframe: 30min (Volume Basis)
Scale: Higher Timeframe Context / Deep Volume analysis
โโโโโโโโโโโโโโโโโโโโโโ
Market Observation
This analysis is focusing on structural behavior, liquidity zones, Volume analysis
and key areas of interest within the current range.
โโโโโโโโโโโโโโโโโโโโโโ
Market Bias
Full liquidity Map
โโโโโโโโโโโโโโโโโโโโโโ
๐ฅBearish Reversal
Key Volume Zone : 159.740 Area
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Structure Factors:
โข Higher timeframe Volume reaction level
โข High-volume / Hidden
โข Range Defend structure
โข Volume Stacking
โข Quarter Volume
USDJPY โ Potential Bearish Reversal from 160โ161 Supply ZoneFrom a higher-timeframe perspective, the recent drop may represent the beginning of a larger corrective phase, while the current recovery could be a retracement rather than the start of a new bullish leg.
Iโm watching the 160.00โ161.00 zone closely for signs of rejection. A strong upper wick or bearish reaction from this area could provide confirmation that sellers are stepping back in.
If the zone holds, I expect another bearish leg, with the broader downside scenario potentially extending toward the 147.00 area.
USD/JPY Hit Support, but the Policy Gap Is Turning Against USD/JPY has fallen hard into the 155 area after failing again near 160.
At first, the move looked like another intervention.
Apparently, it was not.
BOJ data showed no official yen-buying operation behind the latest surge. Instead, traders started pricing a more aggressive Bank of Japan after board member Hajime Takata struck a hawkish tone and expectations for a September rate hike increased.
That is an important difference.
The yen is no longer moving only because Tokyo threatens to intervene. It is starting to get support from the rate story itself.
The dollar side also softened today.
Fed Governor Christopher Waller said he could support leaving rates unchanged in September if inflation continues to cool. After his comments, market pricing for a September Fed hike dropped from around 59% to below 50%.
So the rate gap still heavily favors the dollar in absolute terms, but the direction of travel has changed.
What the chart shows
USD/JPY is now sitting directly on the 155.2โ155.7 support area.
That is a reasonable place for a reaction after such a fast decline.
But the larger structure is still weaker while price remains below the descending resistance line.
A bounce into that trendline would not repair the chart by itself.
The bigger test remains much higher around 160.2โ160.9.
Primary scenario
A reaction from current support remains credible.
If USD/JPY holds 155 and starts reclaiming the descending trendline, the recovery can extend.
But I would want to see that break before treating another move toward 160 as more than a bounce.
Alternative scenario
The bearish alternative is becoming easier to defend fundamentally.
If the BoJ hike story keeps building while the Fed becomes less willing to tighten, a break below 155 would suggest the yen move has more depth than previous intervention-driven spikes.
What would change the view
The downside case weakens if USD/JPY breaks the descending trendline and begins holding above it.
The support-based recovery thesis weakens with sustained acceptance below the 155 area.
What comes next
Fridayโs U.S. payroll report is the immediate test.
A weak number would probably reinforce the softer Fed pricing and give the yen another reason to stay strong. A stronger report could quickly put some of the dollar yield advantage back into the trade.
USD/JPY has reached technical support, but this time the yen has more than intervention behind it.






















