USDJPY Daily Analysis 02/20/2025

Technical analysis

1. Overview of Momentum and Market Structure

• Previous Day: Bearish

• Current Bias: Bearish

• Range: 152.30 – 151.23

• Expectations: Price is expected to decline towards liquidity zones before potential reversals.

Trading Plan

Bearish Bias

Strategy:
Look for sell opportunities from key resistance and liquidity zones:

• 151.82 (H1 Liquidity - Potential Sell Zone & Rejection Area)

• 151.61 (H1 FVG - Short-Term Resistance & Supply Zone)

• 151.38 (H4 FVG - Strong Liquidity Grab Zone & Potential Reversal Area)

Primary Targets:

• 150.09 (Daily OB - Major Demand Zone & Potential Reversal Area)

• 149.36 (Daily Liquidity - Strong Support & Institutional Buying Zone)

• 148.63 (Daily Liquidity - Extreme Demand & High-Probability Buy Area)

For Long Positions

Strategy:
Look for buy opportunities at strong demand levels:

• Buy Levels:

  • 150.09 (Daily OB - Strong Institutional Support Level)

  • 149.36 (Daily Liquidity - Key Accumulation Zone)

  • 148.63 (Daily Liquidity - Extreme Reversal Zone)

Buy Targets:

• 151.23 (Key Resistance & First Upside Target)

• 151.38 (H4 FVG - Potential Rejection Zone)

• 151.61 (H1 FVG - Short-Term Supply Zone)

Summary

• Bearish bias remains valid below 151.82, targeting 150.09, 149.36, and 148.63.

• A clean break below 150.09 (Daily OB) may accelerate selling pressure.

• Long setups become valid near 150.09, 149.36, and 148.63 for potential rebounds.

• Monitor price action at FVGs and liquidity zones for confirmation.