Forex 2.00
Posted July 16, 2026

USDJPY

Sell
SELL
Entry Price
162.2000

Signal Details

Direction
Sell
Entry Price
162.2000
Risk: Reward
1:1.5

Trade Levels

Stop Loss
162.6000
Take Profit 1
161.8000
Take Profit 2
161.6000

Technical Chart

Market Analysis

USD/JPY hovers above the 162.00 psychological zone, where a descending triangle base, Fibonacci 50% retracement, and Ichimoku cloud bottom all collide—if this floor breaks, bears have room toward 161.30–160.80

Key Indicators

  • Technically, the overall momentum remains bullish. Nevertheless, a healthy pullback and consolidation are anticipated as the pair struggles to extend the upside momentum.


Fundamental Context


For the rest of the week, the main drivers of USDJPY remain the US dollar's movement, Fed policymakers' comments, geopolitical tensions, and the June US retail sales report.

Risk Alert

The overall structure is still bullish; any downside move looks like a pullback, not a trend change.

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