USDJPY Daily Analysis 02/18/2025

Technical analysis

1. Overview of Momentum and Market Structure

• Previous Day: Bearish

• Current Bias: Bearish

• Range: 152.38 – 151.22

• Expectations: Price is expected to decline towards key liquidity levels before potential buying opportunities

Trading Plan

Bearish Bias

Strategy:

Look for short opportunities from liquidity zones:

• 151.94 (H1 Liquidity - Key Resistance Level)

• 152.02 (Daily FVG - Potential Supply Zone)

• 152.12 (H1 FVG - High Probability Supply Zone)

Primary Targets:

• 151.22 (Extreme Liquidity - Major Demand Zone)

• 150.92 (Daily Liquidity - Key Reversal Area)

• 150.69 (Daily FVG - Potential Demand Zone)

For Long Positions

Strategy:

Look for buy opportunities at strong demand zones:

• 150.92 (Daily Liquidity - Key Support Zone)

• 150.69 (Daily FVG - Potential Reversal Area)

• 148.69 (Daily Liquidity - Long-Term Demand Level)

Buy Targets:

• 151.94 (H1 Liquidity - Resistance Zone & Potential Reversal Area)

• 152.02 (Daily FVG - Key Supply Zone)

• 152.12 (H1 FVG - Potential Selling Zone)

Summary

• Bearish bias remains valid below 152.12, targeting 151.22, 150.92, and 150.69.

• A break below 150.69 could push price lower towards 148.69.

• Short setups are valid from 152.12, 152.02, and 151.94.

• Long setups remain valid near 150.92 and 150.69 for potential reversals.

• Monitor price action at liquidity zones and fair value gaps (FVGs) for confirmation.