JPY pairs Weekly Outlook and Trade Setups

Consider the fundamentals ahead, USD is moderately strong it's cooling off fundamentally but it's not crashing, just Look closely at the fundamental

CPI is next week until then, i'll stick to my technicals.

Yes, having fundamentals correlate with technicals will be good, but I don't have to wait for fundamentals to back up my bias all the time. They always align whether i check it or not.

I'm not entering on the Daily. this is a low probability entry, but will still work, since the trend is strongly bullish.

The fundamentals is not until next week, my technical projection expires on Friday. After friday, i'll watch out for what's next, next week.

The Dollar-Yen has gained +0.69% so far this week against the -0.23% decrease it dropped last week. the recovery rate is high, showing high chances to still continue it's rally above last week's high at 162.840 before the week is over.

We anticipate the release of FOMC today

Your analysis is Okay , but you need to understand fundamentals the way you see structure

Your analysis is Okay , but you need to understand fundamentals the way you see structure

Why I'm team technicals over fundamentals- If there's a negative news to drive the dollar bearish, the sells will start from a resistance. If price was not a major resistance before the news, then price will drive up first to the nearest strong resistance, before going for a dump. it's a very straightforward principle.

I'll be looking out for entry on two regions. 214.013 region, and 213.748 region

GBPJPY : TRADE PROJECTION

Trend Overview: Bullish

Timeframe: MN, WK, D1, H4, H1,

Technical outlook: On the Monthly, GBPJPY maintains it's 5 months bullish streak which resumed in March 2026, after February bearish month. It continues to maintain the Bullish channel, and is expected to rally to the monthly trend resistance possibly before the year is over.

GBPJPY : TRADE PROJECTION

Trend Overview: Bullish

Timeframe: MN, WK, D1, H4, H1,

Technical outlook: On the Monthly, GBPJPY maintains it's 5 months bullish streak which resumed in March 2026, after February bearish month. It continues to maintain the Bullish channel, and is expected to rally to the monthly trend resistance possibly before the year is over.

GJ on Daily- Yesterday, price retested the high it created in 30th April 2026 before the major sell off on that Thursday. The Sell off was caused primarily by Yen currency intervention by Japan to support the yen after a prolonged months of weakness. This was their first Currency intervention in nearly 2 years.

After the retest of the high at 216.580 price region, price continued it's rally today.

Alright. But I won't be trading it. I'll just observe

GJ on Daily- Yesterday, price retested the high it created in 30th April 2026 before the major sell off on that Thursday. The Sell off was caused primarily by Yen currency intervention by Japan to support the yen after a prolonged months of weakness. This was their first Currency intervention in nearly 2 years.

After the retest of the high at 216.580 price region, price continued it's rally today.

USDjpy is strong because of dxy, once dxy gets weak it will weaken

Expect price to retrace into discount and will mean that price may come below that retest it made

Okay

This looks better. Price should retest that your level before continuing the buys

on UJ- Yeah. Price has been moving from the entry level progressively and currently at 162.677 resistance price level. if it doesn't break it before the news, FOMC will drive price down, before the buy continuations.