empty
08.05.2025 07:30 PM
USD/JPY: Simple Trading Tips for Beginner Traders – May 8th (U.S. Session)

Trade Review and Tips for Trading the Japanese Yen

The price test at 143.75 in the first half of the day coincided with the MACD indicator just starting to rise from the zero level, confirming a valid entry point for buying the dollar. As a result, the pair rose by more than 40 points.

In the second half of the day, attention will shift to the number of initial jobless claims in the U.S. and changes in labor productivity in the non-manufacturing sector. Only very strong data could support the ongoing bullish trend observed in the U.S. dollar. Otherwise, weaker figures may trigger a correction, opening opportunities for short-term dollar selling. However, the sustainability of such a correction will depend on fundamental factors and overall market sentiment. It is also important to consider the link between labor market data and general economic activity. Steady growth in employment and productivity is a key indicator of economic health and could support the dollar in the long run.

Intraday strategy will be based on the execution of Scenarios #1 and #2.

This image is no longer relevant

Buy Signal

Scenario #1: I plan to buy USD/JPY today upon reaching the entry point around 144.86 (green line on the chart) with a target of rising to 145.51 (thicker green line on the chart). At 145.51, I plan to exit the buy trade and open a sell trade in the opposite direction (expecting a 30–35 point pullback). Bullish continuation today is only likely with strong data. Important! Before buying, make sure the MACD indicator is above the zero mark and just beginning to rise from it.

Scenario #2: I also plan to buy USD/JPY today if there are two consecutive tests of the 144.28 level while MACD is in oversold territory. This would limit the pair's downward potential and trigger a bullish reversal. A rise toward 144.86 and 145.51 can be expected.

Sell Signal

Scenario #1: I plan to sell USD/JPY today after a break below 144.28 (red line on the chart), which could lead to a sharp drop in the pair. The key target for sellers will be 143.59, where I'll exit the trade and open a buy trade in the opposite direction (expecting a 20–25 point rebound). Downside pressure on the pair today is unlikely. Important! Before selling, make sure the MACD is below zero and just beginning to fall from it.

Scenario #2: I also plan to sell USD/JPY today in case of two consecutive tests of 144.86 while MACD is in overbought territory. This would cap the pair's upward potential and prompt a bearish reversal. A drop toward 144.28 and 143.59 can be expected.

This image is no longer relevant

Chart Guide:

  • Thin green line – entry price for buying the instrument;
  • Thick green line – projected price for setting Take Profit or manually exiting, as further growth is unlikely beyond this level;
  • Thin red line – entry price for selling the instrument;
  • Thick red line – projected price for setting Take Profit or manually exiting, as further decline is unlikely below this level;
  • MACD Indicator – rely on overbought/oversold zones for market entry decisions.

Important: Beginner Forex traders should be extremely cautious when deciding to enter the market. Before major economic reports, it is best to stay out of the market to avoid exposure to sharp price swings. If you choose to trade during news releases, always set stop-loss orders to minimize losses. Without stop-losses, your deposit could quickly be lost—especially if you're not using money management principles and are trading with large volumes.

And remember: successful trading requires a clear plan like the one shown above. Spontaneous trading decisions based on current market fluctuations are a losing strategy for intraday traders.

Seleccione el marco de tiempo
5
min
15
min
30
min
1
hora
4
horas
1
día
1
s.
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO

Recommended Stories

OPEP+ golpea al esquisto, el Brent pierde apoyo

Los futuros del crudo Brent vuelven a estar bajo presión: el precio no logró mantenerse por encima de la zona clave de $65,5 por barril y entró en una fase

Anna Zotova 14:04 2025-05-22 UTC+2

El Gas en un triángulo, el petróleo listo para saltar. La geopolítica vuelve a dictar las reglas del juego

El petróleo respira cambios. La política y la economía vuelven a entrelazarse en un nudo apretado, y los activos de materias primas —especialmente el petróleo y el gas— se convierten

Anna Zotova 11:21 2025-03-25 UTC+2

¿Crecimiento falso o nueva tendencia? Análisis de señales técnicas y fundamentales para el petróleo y el gas

Los futuros del petróleo Brent subieron a aproximadamente $71,3 por barril el martes, marcando la tercera sesión consecutiva de crecimiento, ya que la tensión en Medio Oriente eclipsó otros acontecimientos

Anna Zotova 10:58 2025-03-18 UTC+2

El S&P 500 asalta la cima. Informes sólidos y desregulación como detonantes del optimismo del mercado

El mercado bursátil vuelve a subir, con el S&P 500 en la cúspide de la euforia. ¿Qué será lo próximo? ¿Los aranceles y la política de la Reserva Federal reforzarán

Anna Zotova 10:18 2025-01-24 UTC+2

El S&P 500 está en la cima de la ola. Han aparecido síntomas de un mercado bajista

El jueves, los futuros de las acciones estadounidenses permanecen prácticamente sin cambios después de un impresionante rally en la sesión de trading anterior, cuando el S&P 500 alcanzó máximos históricos

Anna Zotova 09:58 2025-01-23 UTC+2

S&P 500. Sesgo alcista. El mercado sube con la vista puesta en Trump

Los futuros de las acciones estadounidenses registran ganancias el miércoles, tras el sólido repunte de la víspera. El martes, el índice S&P 500 subió un 0,88% y el Nasdaq sumó

Anna Zotova 10:28 2025-01-22 UTC+2

Petróleo y gas. Perspectivas para la semana

El petróleo Brent muestra un descenso, pero sigue negociándose por encima de los $80 por barril. No se descarta un fortalecimiento de la corrección hasta el rango de los $77,5-78,0

Anna Zotova 11:06 2025-01-20 UTC+2

USD/JPY: consejos simples para operar para traders principiantes el 17 de enero. Análisis de las operaciones de ayer en forex.

Análisis de operaciones y consejos para operar con el yen japonés La prueba del precio 155.96 coincidió con el momento en que el indicador MACD apenas comenzaba a moverse hacia

Jakub Novak 07:29 2025-01-17 UTC+2

GBP/USD: consejos simples para operar para traders principiantes el 17 de enero. Análisis de las operaciones de ayer en forex.

Análisis de operaciones y consejos para operar con la libra esterlina. La primera prueba del precio 1.2184 en la segunda mitad del día coincidió con el momento

Jakub Novak 07:29 2025-01-17 UTC+2

EUR/USD: consejos simples para operar para traders principiantes el 17 de enero. Análisis de las operaciones de ayer en forex.

Análisis de las operaciones y consejos para operar con el euro. La prueba del precio 1.0282 en la segunda mitad del día coincidió con el momento en que el indicador

Jakub Novak 07:29 2025-01-17 UTC+2
¿No puede hablar ahora mismo?
Ingrese su pregunta en el 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.