empty
30.05.2025 01:37 PM
USD/JPY: Simple Trading Tips for Beginner Traders for May 30th (U.S. Session)

Trade Analysis and Advice on Trading the Japanese Yen

The designated levels were not tested in the first half of the day. We did not reach 144.17, and even if we had, the MACD at that time was still in overbought territory.

Today, besides the important U.S. Personal Consumption Expenditures (PCE) Price Index, data on changes in household income and spending in the U.S. will also be published. Increased spending supported by rising wages indicates strong consumer demand, which contributes to economic growth. Conversely, a decline in these figures may signal a slowdown in economic development and the need for stimulus measures. Additionally, the University of Michigan Consumer Sentiment Index will be released, reflecting citizens' optimism and confidence in the future. A high index reading suggests consumers are ready to spend, positively impacting retail sales and overall economic growth, while a low index reading indicates concern and uncertainty, which could lead to reduced consumer spending.

To close the day, remarks are expected from FOMC member Raphael Bostic, whose comments on the current economic situation and future monetary policy could significantly influence market sentiment. His speech, especially in light of the released economic data, will be closely analyzed by investors for any signals regarding potential interest rate changes or other measures to support economic growth and control inflation.

As for the intraday strategy, I will mainly rely on the implementation of Scenario #1 and Scenario #2.

This image is no longer relevant

Buy Signal

Scenario #1: Today, I plan to buy USD/JPY upon reaching the entry point around 144.23 (green line on the chart), aiming for growth toward 145.05 (thicker green line). I plan to exit the market at 145.05 and also sell USD/JPY in the opposite direction, targeting a 30–35 point move from the entry point. A good rise in the pair can be expected today after strong economic data. Important! Before buying, make sure the MACD indicator is above the zero mark and just beginning to rise.

Scenario #2: I also plan to buy USD/JPY today in case of two consecutive tests of 143.67 when the MACD indicator is in oversold territory. This will limit the pair's downward potential and lead to a reversal upward. Growth toward the opposite levels of 144.23 and 145.05 can be expected.

Sell Signal

Scenario #1: I plan to sell USD/JPY after the 143.67 level is updated (red line on the chart), leading to a quick decline in the pair. The key target for sellers will be 142.85, where I plan to exit the market and immediately buy in the opposite direction, targeting a 20–25 point move. Selling pressure on the pair is expected to persist today. Important! Before selling, make sure the MACD indicator is below the zero mark and just beginning to decline.

Scenario #2: I also plan to sell USD/JPY today in the case of two consecutive tests of 144.23 when the MACD indicator is in overbought territory. This will limit the pair's upward potential and lead to a downward reversal. A decline toward the opposite levels of 143.67 and 142.85 can be expected.

This image is no longer relevant

On the Chart:

  • Thin green line – the entry price for buying the trading instrument;
  • Thick green line – the approximate price for setting Take Profit or manually fixing profit, as further growth beyond this level is unlikely;
  • Thin red line – the entry price for selling the trading instrument;
  • Thick red line – the approximate price for setting Take Profit or manually fixing profit, as further decline beyond this level is unlikely;
  • MACD Indicator: When entering the market, it is important to rely on overbought and oversold areas.

Important: Beginner Forex traders must exercise great caution when making market entry decisions. It is best to stay out of the market before the release of important fundamental reports to avoid sharp price fluctuations. If you choose to trade during news releases, always use stop-loss orders to minimize losses. Without stop-loss orders, you can quickly lose your entire deposit, especially if you do not use money management and trade large volumes.

And remember, for successful trading, you must have a clear trading plan like the one presented above. Spontaneous trading decisions based on the current market situation are inherently a losing strategy for intraday traders.

Seleccione el marco de tiempo
5
min
15
min
30
min
1
hora
4
horas
1
día
1
s.
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO

Recommended Stories

OPEP+ golpea al esquisto, el Brent pierde apoyo

Los futuros del crudo Brent vuelven a estar bajo presión: el precio no logró mantenerse por encima de la zona clave de $65,5 por barril y entró en una fase

Anna Zotova 14:04 2025-05-22 UTC+2

El Gas en un triángulo, el petróleo listo para saltar. La geopolítica vuelve a dictar las reglas del juego

El petróleo respira cambios. La política y la economía vuelven a entrelazarse en un nudo apretado, y los activos de materias primas —especialmente el petróleo y el gas— se convierten

Anna Zotova 11:21 2025-03-25 UTC+2

¿Crecimiento falso o nueva tendencia? Análisis de señales técnicas y fundamentales para el petróleo y el gas

Los futuros del petróleo Brent subieron a aproximadamente $71,3 por barril el martes, marcando la tercera sesión consecutiva de crecimiento, ya que la tensión en Medio Oriente eclipsó otros acontecimientos

Anna Zotova 10:58 2025-03-18 UTC+2

El S&P 500 asalta la cima. Informes sólidos y desregulación como detonantes del optimismo del mercado

El mercado bursátil vuelve a subir, con el S&P 500 en la cúspide de la euforia. ¿Qué será lo próximo? ¿Los aranceles y la política de la Reserva Federal reforzarán

Anna Zotova 10:18 2025-01-24 UTC+2

El S&P 500 está en la cima de la ola. Han aparecido síntomas de un mercado bajista

El jueves, los futuros de las acciones estadounidenses permanecen prácticamente sin cambios después de un impresionante rally en la sesión de trading anterior, cuando el S&P 500 alcanzó máximos históricos

Anna Zotova 09:58 2025-01-23 UTC+2

S&P 500. Sesgo alcista. El mercado sube con la vista puesta en Trump

Los futuros de las acciones estadounidenses registran ganancias el miércoles, tras el sólido repunte de la víspera. El martes, el índice S&P 500 subió un 0,88% y el Nasdaq sumó

Anna Zotova 10:28 2025-01-22 UTC+2

Petróleo y gas. Perspectivas para la semana

El petróleo Brent muestra un descenso, pero sigue negociándose por encima de los $80 por barril. No se descarta un fortalecimiento de la corrección hasta el rango de los $77,5-78,0

Anna Zotova 11:06 2025-01-20 UTC+2

USD/JPY: consejos simples para operar para traders principiantes el 17 de enero. Análisis de las operaciones de ayer en forex.

Análisis de operaciones y consejos para operar con el yen japonés La prueba del precio 155.96 coincidió con el momento en que el indicador MACD apenas comenzaba a moverse hacia

Jakub Novak 07:29 2025-01-17 UTC+2

GBP/USD: consejos simples para operar para traders principiantes el 17 de enero. Análisis de las operaciones de ayer en forex.

Análisis de operaciones y consejos para operar con la libra esterlina. La primera prueba del precio 1.2184 en la segunda mitad del día coincidió con el momento

Jakub Novak 07:29 2025-01-17 UTC+2

EUR/USD: consejos simples para operar para traders principiantes el 17 de enero. Análisis de las operaciones de ayer en forex.

Análisis de las operaciones y consejos para operar con el euro. La prueba del precio 1.0282 en la segunda mitad del día coincidió con el momento en que el indicador

Jakub Novak 07:29 2025-01-17 UTC+2
¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback
 

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 InstaForex anyway.

We are sorry for any inconvenience caused by this message.