empty
12.06.2025 08:41 AM
USD/JPY: Simple Trading Tips for Beginner Traders on June 12. Review of Yesterday's Forex Trades

Analysis of Trades and Trading Tips for the Japanese Yen

The price test at 145.08 occurred when the MACD indicator had just begun to move downward from the zero line, confirming a valid entry point for selling the dollar. As a result, the pair dropped to around 144.33.

News that U.S. inflation came in lower than economists expected triggered a decline in the U.S. dollar and strengthened the yen. This reaction in the currency market reflects a shift in investor sentiment, with many believing the Federal Reserve may revise its wait-and-see stance toward a more dovish policy. A weaker dollar eases the debt burden for countries with dollar-denominated debt and makes assets denominated in other currencies more attractive. The yen's strengthening is not surprising under these conditions, especially as the Bank of Japan is preparing to continue raising interest rates. Moreover, geopolitical tensions are also playing an important role.

For intraday strategy, I will focus primarily on implementing Scenarios #1 and #2.

This image is no longer relevant

Buy Scenario

Scenario #1: I plan to buy USD/JPY today at the entry point around 144.12 (green line on the chart), with a target at 144.67 (thicker green line). Around 144.67, I intend to exit the long position and open a short position, expecting a 30–35 pip reversal from the level. It's best to return to buying the pair on corrections and significant pullbacks of USD/JPY.

Important! Before buying, ensure the MACD indicator is above the zero line and beginning to rise.

Scenario #2: I also plan to buy USD/JPY in the event of two consecutive tests of the 143.75 level when the MACD is in oversold territory. This would limit the pair's downside potential and lead to an upward market reversal. In this case, expect a rise toward the opposite levels of 144.12 and 144.67.

Sell Scenario

Scenario #1: I plan to sell USD/JPY only after a break below 143.75 (red line on the chart), which could lead to a sharp drop in the pair. The key target for sellers will be 143.12, where I will exit the short position and open a long position in the opposite direction (anticipating a 20–25 pip pullback from that level). Selling pressure may return quickly today.

Important! Before selling, make sure the MACD indicator is below the zero line and beginning to decline.

Scenario #2: I also plan to sell USD/JPY in the event of two consecutive tests of the 144.12 level when the MACD is in overbought territory. This will limit the pair's upside potential and result in a downward reversal. A decline toward the opposite levels of 143.75 and 143.12 is then expected.

This image is no longer relevant

What's on the Chart:

  • The thin green line represents the entry price where the trading instrument can be bought.
  • The thick green line indicates the expected price level where a Take Profit order can be placed, or profits can be manually secured, as further price growth above this level is unlikely.
  • The thin red line represents the entry price where the trading instrument can be sold.
  • The thick red line indicates the expected price level where a Take Profit order can be placed, or profits can be manually secured, as further price decline below this level is unlikely.
  • The MACD indicator should be used to assess overbought and oversold zones when entering the market.

Important Notes:

  • Beginner Forex traders should exercise extreme caution when making market entry decisions. It is advisable to stay out of the market before the release of important fundamental reports to avoid exposure to sharp price fluctuations. If you choose to trade during news releases, always use stop-loss orders to minimize potential losses. Trading without stop-loss orders can quickly wipe out your entire deposit, especially if you neglect money management principles and trade with high volumes.
  • Remember, successful trading requires a well-defined trading plan, similar to the one outlined above. Making impulsive trading decisions based on the current market situation is a losing strategy for intraday traders.
Jakub Novak,
Analytical expert of InstaTrade
© 2007-2025

Recommended Stories

USD/JPY: Simple Trading Tips for Beginner Traders on June 27th (U.S. Session)

Trade Review and Recommendations for the Japanese Yen The price test of 144.59 occurred when the MACD had already moved significantly above the zero line, which limited the pair's upward

Jakub Novak 13:20 2025-06-27 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders on June 27th (U.S. Session)

Trade Analysis and Recommendations for the British Pound There were no tests of the levels I identified earlier in the day due to extremely low volatility. In the second half

Jakub Novak 13:16 2025-06-27 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders for June 27th (U.S. Session)

Trade Analysis and Recommendations for the Euro The test of the 1.1713 level occurred when the MACD indicator had already moved significantly above the zero line, which limited the pair's

Jakub Novak 13:11 2025-06-27 UTC+2

USD/JPY: Simple Trading Tips for Beginner Traders on June 27. Analysis of Yesterday's Forex Trades

The first test of the 144.11 level occurred when the MACD indicator had already moved significantly below the zero line, which limited the dollar's downside potential. Yesterday's final U.S

Jakub Novak 08:50 2025-06-27 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders on June 27. Analysis of Yesterday's Forex Trades

The test of the 1.3733 level occurred when the MACD indicator had already moved significantly above the zero line, which limited the pair's upside potential. For this reason

Jakub Novak 08:50 2025-06-27 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders on June 27. Analysis of Yesterday's Forex Trades

The test of the 1.1720 price level coincided with the MACD indicator having moved significantly above the zero line, which limited the pair's upside potential. For this reason

Jakub Novak 08:50 2025-06-27 UTC+2

Intraday Strategies for Beginner Traders on June 27

Demand for risky assets persisted following weak data on U.S. economic growth. Only statements from Donald Trump regarding trade agreements helped the dollar partially recover its position

Miroslaw Bawulski 08:40 2025-06-27 UTC+2

USD/JPY: Simple Trading Tips for Beginner Traders – June 26th (U.S. Session)

Trade Review and Trading Advice for the Japanese Yen The price test at 144.61 occurred just as the MACD indicator began to move downward from the zero level, confirming

Jakub Novak 19:17 2025-06-26 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders – June 26th (U.S. Session)

Trade Review and Trading Advice for the British Pound The price test at 1.3713 occurred just as the MACD indicator began to rise from the zero mark, confirming a valid

Jakub Novak 19:09 2025-06-26 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders – June 26th (U.S. Session)

Trade Review and Trading Tips for the Euro The price test at 1.1690 occurred just as the MACD indicator was beginning to rise from the zero mark, confirming a valid

Jakub Novak 19:00 2025-06-26 UTC+2
Can't speak right now?
Ask your question in the chat.
 

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 InstaTrade anyway.

We are sorry for any inconvenience caused by this message.