USD/JPY | USDJPY Rebounds After The Intervention Shock,FVG Ahead
By analyzing the #USDJPY chart on the Daily timeframe, we can see that the market experienced an extremely aggressive move after Japanese authorities stepped in to support the Yen. USDJPY collapsed from the 163+ area toward the 157 region in a very short period of time, showing just how violent the intervention-driven move was.
Currently, price is trading around 159.25 and has already started recovering from the recent low. The most important thing on the chart right now is the massive FVG created during this sharp sell-off, roughly between the 160.90 and 163.20 regions.
In my view, this imbalance could become a major magnet for price in the medium term. If buyers continue defending the current recovery structure, the first upside targets to monitor are 160.00, followed by 160.90, then 161.50, 162.20, and potentially the upper side of the FVG around 163.00 – 163.20.
However, the 163.20 – 164.00 area is also a major Bearish Order Block, so even if USDJPY manages to completely fill the FVG, this zone could attract another strong wave of selling pressure.
On the downside, the first important support area sits around 157.10 – 157.60. If this area fails, the next major demand zone is located around 154.00 – 155.10, followed by deeper bullish zones around 152.40 – 153.50.
So the medium-term scenario I’m watching is relatively simple: recovery toward the large FVG first, then we reassess price reaction as USDJPY approaches the 163 area.
The intervention changed the short-term structure dramatically, but it also created one of the clearest imbalances currently visible on the Daily chart.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Currently, price is trading around 159.25 and has already started recovering from the recent low. The most important thing on the chart right now is the massive FVG created during this sharp sell-off, roughly between the 160.90 and 163.20 regions.
In my view, this imbalance could become a major magnet for price in the medium term. If buyers continue defending the current recovery structure, the first upside targets to monitor are 160.00, followed by 160.90, then 161.50, 162.20, and potentially the upper side of the FVG around 163.00 – 163.20.
However, the 163.20 – 164.00 area is also a major Bearish Order Block, so even if USDJPY manages to completely fill the FVG, this zone could attract another strong wave of selling pressure.
On the downside, the first important support area sits around 157.10 – 157.60. If this area fails, the next major demand zone is located around 154.00 – 155.10, followed by deeper bullish zones around 152.40 – 153.50.
So the medium-term scenario I’m watching is relatively simple: recovery toward the large FVG first, then we reassess price reaction as USDJPY approaches the 163 area.
The intervention changed the short-term structure dramatically, but it also created one of the clearest imbalances currently visible on the Daily chart.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Trade ist aktiv
By analyzing the #USDJPY chart on the Daily timeframe, we can see that price is currently trading around 159.42 and the main scenario from the previous analysis remains fully valid.After the sharp intervention-driven decline, USDJPY continues to hold its recovery structure and, in my view, the large FVG above price still remains the main medium-term target.
As long as buyers continue defending the current structure, the next upside targets to monitor are 160.00, followed by 160.90, then 161.50, 162.20, and eventually the 163.00 – 163.20 area.
The 163.20 – 164.00 region remains a major supply zone, so if price manages to fill the FVG and reach this area, the reaction from sellers will become extremely important.
For now, nothing has changed in my main outlook. I still expect USDJPY to move higher and gradually work its way toward filling the large imbalance above.
📘 Wanna Learn ICT & SMC? Get the Full Book Here : bit.ly/ICT-BOOK
⚜️ Free Telegram Channel : telegram.me/PriceAction_ICT
⚜️ JOIN THE VIP 👉 t.me/ArmanShabanTrading
🚀 MondFX — our trusted Broker : bit.ly/MondFx
⚜️ Free Telegram Channel : telegram.me/PriceAction_ICT
⚜️ JOIN THE VIP 👉 t.me/ArmanShabanTrading
🚀 MondFX — our trusted Broker : bit.ly/MondFx
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
📘 Wanna Learn ICT & SMC? Get the Full Book Here : bit.ly/ICT-BOOK
⚜️ Free Telegram Channel : telegram.me/PriceAction_ICT
⚜️ JOIN THE VIP 👉 t.me/ArmanShabanTrading
🚀 MondFX — our trusted Broker : bit.ly/MondFx
⚜️ Free Telegram Channel : telegram.me/PriceAction_ICT
⚜️ JOIN THE VIP 👉 t.me/ArmanShabanTrading
🚀 MondFX — our trusted Broker : bit.ly/MondFx
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.