empty
11.03.2025 07:23 PM
USD/JPY: Simple Trading Tips for Beginner Traders – March 11th (U.S. Session)

Trade Analysis and Recommendations for the Japanese Yen

The test of the 146.93 price level occurred when the MACD indicator was just starting to move downward from the zero mark, which allowed for a dollar sell position. However, this trade resulted in a loss. Later, a test of 147.26 took place as the MACD indicator was beginning to move upward from the zero mark, validating a dollar buy scenario. As a result, the pair rose toward the 147.69 target level but fell just a few points short.

Today, there are no major economic releases in the U.S., but attention should be given to the NFIB Small Business Optimism Index, which serves as a barometer of small business owners' sentiment in the U.S. This index reflects their expectations regarding future economic conditions, hiring plans, investments, and sales. A rising index generally indicates growing confidence and readiness for expansion, which supports the U.S. dollar.

The JOLTS Job Openings and Labor Turnover Survey (Bureau of Labor Statistics) provides valuable insights into labor market trends. By tracking job openings, hires, and voluntary and involuntary separations, JOLTS helps assess labor demand, job stability, and worker sentiment. An increase in job openings typically supports the dollar, whereas a decline can put downward pressure on it.

For intraday trading, I will focus on executing Scenario #1 and Scenario #2.

This image is no longer relevant

Buy Signal

Scenario #1: I plan to buy USD/JPY today if the price reaches 147.79 (green line on the chart), targeting a rise toward 148.39 (thicker green line). At 148.39, I will exit buy positions and open a sell position in the opposite direction, expecting a 30-35 point pullback. A continued bullish correction is expected. Important! Before buying, ensure that the MACD indicator is above the zero mark and just starting to rise.

Scenario #2: I also plan to buy USD/JPY if the 147.33 level is tested twice in a row, with the MACD indicator in the oversold zone. This will limit the pair's downward potential and trigger a reversal to the upside. A subsequent rise to 147.79 and 148.39 can be expected.

Sell Signal

Scenario #1: I plan to sell USD/JPY after it breaks below 147.33 (red line on the chart), which could lead to a rapid decline. The key target for sellers will be 146.86, where I will exit sell positions and immediately buy in the opposite direction, expecting a 20-25 point rebound. Selling pressure could emerge at any moment today. Important! Before selling, ensure that the MACD indicator is below the zero mark and just starting to decline.

Scenario #2: I will also sell USD/JPY if the 147.79 level is tested twice in a row, with the MACD indicator in the overbought zone. This will limit the pair's upward potential and trigger a downward market reversal. A subsequent decline to 147.33 and 146.86 can be expected.

This image is no longer relevant

Chart Key:

  • Thin green line – Entry price for buying the instrument
  • Thick green line – Expected target price for placing Take Profit or manually securing profits, as further growth beyond this level is unlikely
  • Thin red line – Entry price for selling the instrument
  • Thick red line – Expected target price for placing Take Profit or manually securing profits, as further decline beyond this level is unlikely
  • MACD Indicator – When entering the market, it is essential to consider overbought and oversold zones.

Important Notes for Beginner Forex Traders:

Making trading decisions requires extreme caution. Avoid entering the market ahead of key fundamental reports, as sudden price swings may lead to losses. If you choose to trade during news releases, always use stop-loss orders to minimize potential losses. Trading without stop-loss orders can quickly deplete your entire deposit, especially when using high leverage and large trade volumes.

For successful trading, you must have a clear trading plan, like the one outlined above. Making impulsive decisions based on short-term market fluctuations is 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

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

USD/JPY: consejos simples para operar para traders principiantes el 10 de enero. Análisis de las operaciones de ayer en Forex

Análisis de las operaciones y consejos para operar con el yen japonés La prueba del nivel de precio 157.98 coincidió con el momento en que el indicador MACD había descendido

Jakub Novak 08:05 2025-01-10 UTC+2

GBP/USD: consejos simples para operar para traders principiantes el 10 de enero. Análisis de las operaciones de ayer en Forex

Análisis de las operaciones y consejos para operar con la libra esterlina La prueba del nivel de precio 1.2301 durante la segunda mitad del día coincidió con el momento

Jakub Novak 08:05 2025-01-10 UTC+2

EUR/USD: consejos simples para operar para traders principiantes el 10 de enero. Análisis de las operaciones de ayer en Forex

Análisis de las operaciones y consejos para operar con el euro La prueba del nivel de precio 1.0317 durante la segunda mitad del día coincidió con un momento

Jakub Novak 08:05 2025-01-10 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.