empty
InstaForex - Official partner of Dragon Racing
InstaForex - Official partner of Dragon Racing
This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.
Start as Beginner
How to start trading
Useful information
Training and recordings
InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.
Become Investor
PAMM System
ForexCopy System
Passive investments
Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.
Become Partner
Main Page
Partner Area
Advantages for Affiliates
Registration
This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.
All Promo Campaigns
Bonuses
Contests
Events
Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.
Full details
Forums
We are in social networks
Forex humour
Forex Portal
InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
Learn More
History
Why Choose Us
InstaSport
Regulation
Company News
Awards
InstaForex Stars
InstaForex Offline
Headquarters
Key documents
Social Responsibility
29.05.2025 08:03 PM
USD/JPY: Simple Trading Tips for Beginner Traders – U.S. Session, May 29th
Open trading account Open demo account

Trade Analysis and Guidance for Trading the Japanese Yen

The price test at 145.64 coincided with the MACD indicator just beginning its downward movement from the zero line, confirming a valid entry point for selling the dollar. As a result, the pair dropped toward the target level of 144.90.

Today, the market's direction will be shaped by the release of U.S. GDP data. Market participants will closely study these figures to gauge the resilience of economic growth and its implications for the Federal Reserve's future monetary policy. However, given the advance estimate, expectations are quite low.

Another important indicator will be the number of initial jobless claims. This labor market metric will help assess how effectively the economy is coping with inflation and rising interest rates. An increase in claims could indicate slower economic growth and heightened recession risks. In addition to economic data, public remarks from FOMC members Adriana Kugler and Austan Goolsbee are expected. The market will closely analyze their comments on the current economic outlook, inflation expectations, and the future path of monetary policy, hoping to gain insights into the Fed's upcoming actions.

For the intraday strategy, I will mainly rely on Scenarios #1 and #2.

This image is no longer relevant

Buy Signal

Scenario #1: I plan to buy USD/JPY at the entry point near 145.29 (green line on the chart) with a target of rising toward 145.97 (thicker green line). Around 145.97, I will exit long positions and open short trades in the opposite direction, targeting a 30–35 point pullback. A significant upward move in the pair is unlikely today. Important: Before buying, make sure the MACD is above the zero line and just starting to rise from it.

Scenario #2: I also plan to buy USD/JPY if the price tests 144.88 twice, and the MACD is in the oversold zone. This would cap the downward potential and trigger a reversal upward. Expect a rise toward 145.29 and 145.97.

Sell Signal

Scenario #1: I plan to sell USD/JPY after a break below 144.88 (red line on the chart), which should lead to a sharp drop. The key target for sellers will be 144.16, where I'll exit short positions and potentially reverse with a 20–25 point rebound. Selling pressure on the pair is expected to persist today. Important: Before selling, make sure the MACD is below the zero line and just starting to decline.

Scenario #2: I will also consider selling USD/JPY if the price tests 145.29 twice, and the MACD is in the overbought zone. This setup would cap the upside and initiate a downward reversal. Expect a drop toward 144.88 and 144.16.

This image is no longer relevant

Chart Key:

  • Thin green line – Entry price for long positions
  • Thick green line – Suggested Take Profit level; further growth beyond this level is unlikely
  • Thin red line – Entry price for short positions
  • Thick red line – Suggested Take Profit level; further decline beyond this level is unlikely
  • MACD Indicator – Entry decisions should be based on overbought or oversold zones

Important Note for Beginner Traders:

Newcomers to the Forex market must be extremely cautious when making trading decisions. It's best to stay out of the market ahead of major fundamental data releases to avoid sharp price fluctuations. If you choose to trade during news events, always use stop-loss orders to minimize losses. Without them, you risk quickly losing your entire deposit—especially if you neglect money management and trade large volumes.

And remember: for successful trading, you must have a clear trading plan, like the one presented above. Making spontaneous decisions based on the current market picture is usually a losing strategy for intraday traders.

Jakub Novak,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
All Analytics
Crypto-currencies
Trading tips for crypto market on May 20 (North American session) Bitcoin and Ether performed well today in terms of buying following a pause in yesterday's bear market. Demand has returned to the cryptocurrency market, especially after geopolitical tensions eased somewhat
Miroslaw Bawulski
16:20 2025-06-20 +02:00
1585
Forecast
USD/JPY: Simple Trading Tips for Beginner Traders – June 20th (U.S. Session) Trade Review and Tips for Trading the Japanese Yen Due to low volatility, the levels I indicated were not tested in the first half of the day. Given the data
Jakub Novak
15:49 2025-06-20 +02:00
2035
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

USD/JPY: Simple Trading Tips for Beginner Traders – June 20th (U.S. Session)

Trade Review and Tips for Trading the Japanese Yen Due to low volatility, the levels I indicated were not tested in the first half of the day. Given the data
Jakub Novak 15:49 2025-06-20 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders – June 20th (U.S. Session)

Trade Review and Tips for the British Pound The test of the 1.3477 price level in the first half of the day occurred when the MACD indicator had already moved
Jakub Novak 15:39 2025-06-20 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders – June 20th(U.S. Session)

Trade Review and Tips for the Euro The first test of the 1.1514 price level in the first half of the day occurred when the MACD indicator had already dropped
Jakub Novak 15:36 2025-06-20 UTC+2

USD/JPY: Simple Trading Tips for Beginner Traders on June 20. Analysis of Yesterday's Forex Trades

The price test at 145.40 occurred when the MACD indicator dropped significantly below the zero mark, limiting the pair's downside potential. For this reason, I did not sell the dollar
Jakub Novak 08:53 2025-06-20 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders on June 20. Analysis of Yesterday's Forex Trades

The price test at 1.3439 occurred when the MACD indicator had just begun to move upward from the zero mark, which confirmed a valid entry point for buying the pound
Jakub Novak 08:53 2025-06-20 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders on June 20. Analysis of Yesterday's Forex Trades

The price test at 1.1484 aligned with the MACD indicator beginning to rise from the zero mark, confirming a valid entry point for purchasing the euro. However, the pair
Jakub Novak 08:53 2025-06-20 UTC+2

Intraday Strategies for Beginner Traders on June 20

The demand for risky assets returned yesterday, leading to a relatively strong weakening of the U.S. dollar. This may be due to the U.S. holiday and the lack of significant
Miroslaw Bawulski 08:33 2025-06-20 UTC+2

USD/JPY: Simple Trading Tips for Beginner Traders on June 19th (U.S. Session)

Trade Review and Advice for Trading the Japanese Yen The test of the 145.19 price level in the first half of the day coincided with the MACD indicator just beginning
Jakub Novak 20:10 2025-06-19 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders on June 19th (U.S. Session)

Trade Review and Advice for Trading the British Pound The test of the 1.3394 price level in the first half of the day coincided with the MACD indicator just beginning
Jakub Novak 20:08 2025-06-19 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders on June 19th (U.S. Session)

Trade Review and Advice for Trading the Euro The test of the 1.1459 price level in the first half of the day coincided with the MACD indicator just beginning
Jakub Novak 20:06 2025-06-19 UTC+2

Top analytics

Relevance up to 06:00 UTC--5
EUR/USD: Simple Trading Tips for Beginner Traders – June 20th(U.S. Session)
15:36 2025-06-20
Forecast
Relevance up to 06:00 UTC--5
GBP/USD: Simple Trading Tips for Beginner Traders – June 20th (U.S. Session)
15:39 2025-06-20
Forecast
Relevance up to 06:00 UTC--5
USD/JPY: Simple Trading Tips for Beginner Traders – June 20th (U.S. Session)
15:49 2025-06-20
Forecast
Relevance up to 06:00 UTC--5
GBP/USD: Trading Plan for the U.S. Session on June 20TH (Review of Morning Trades)
15:31 2025-06-20
Trading plan
Relevance up to 04:00 UTC--5
Uptrend in US stock market about to crack. Will market maintain bullish momentum until end of summer?
17:09 2025-06-20
Stock Markets
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback widget
 

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.