USD/JPY – 1H – SELL
SELL
78%
▲ Bullish 22% (2.06)
▼ Bearish 78% (7.19)
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Signal evolution
Signals Fired
| Signals Fired | Category | Weight | |
|---|---|---|---|
| ▼ | Fibonacci Break DownTrend (0%) | fibonacci | 2.13 |
| ▼ | HT PHASOR Inphase Cross Down | indicator | 1.86 |
| ▼ | STOCHRSI KD Cross Down | indicator | 1.54 |
| ▼ | BOP Zero Cross Down | indicator | 1.24 |
| ▼ | Hanging Man | candlestick | 0.80 |
Trend Context
15MUPTrend forming
30MUPTrend forming
1HDOWNSolid trend
2HDOWNExtremely strong trend
4HDOWNVery strong trend
8HDOWNSolid trend
12HDOWNSolid trend
1DDOWNSolid trend
Analysis
🎯 Key Takeaways
- Multiple bearish signals align across indicators and timeframes, suggesting strong selling pressure.
- The trend is bearish from 1H up to daily, with the strongest momentum on the 2H and 4H charts.
- Key resistance at 160.87200 and support at 156.23500 are the critical levels to watch.
- The Fibonacci break at 0% adds technical confluence to the bearish outlook.
The USD/JPY 1H chart has fired a cluster of bearish signals, including a BOP Zero Cross Down, STOCHRSI KD Cross Down, HT PHASOR Inphase Cross Down, a Fibonacci Break DownTrend at 0%, and a Hanging Man candlestick. These signals align with a broader bearish trend across higher timeframes, with the 2H and 4H charts showing very strong and extremely strong bearish trends respectively. The 1H trend itself is solidly bearish, while the 15m and 30m are only forming bullish trends, suggesting any short-term bounce may be limited.
Key levels to watch are the nearest resistance at 160.87200 and support at 156.23500. The Fibonacci break at 0% indicates a breakdown below a key retracement level, reinforcing the bearish momentum. The confluence of multiple indicators and the candlestick pattern adds weight to the sell signal. However, the bullish trends on the lower timeframes could offer temporary support, so traders should monitor price action around these levels for confirmation or invalidation.
Key levels to watch are the nearest resistance at 160.87200 and support at 156.23500. The Fibonacci break at 0% indicates a breakdown below a key retracement level, reinforcing the bearish momentum. The confluence of multiple indicators and the candlestick pattern adds weight to the sell signal. However, the bullish trends on the lower timeframes could offer temporary support, so traders should monitor price action around these levels for confirmation or invalidation.
Catalysts
- ▼ Trend alignment across timeframes: bearish from 1H to daily, with very strong scores on 2H and 4H.
- ▼ Confluence of signals: BOP, STOCHRSI, HT PHASOR, and candlestick pattern all point down.
- ▼ Fibonacci break at 0% suggests a breakdown of a key retracement level.
- ▼ Hanging Man candlestick indicates potential reversal after an uptrend.
Risk Factors
- ▲ Lower timeframes (15m and 30m) show bullish trends forming, which could lead to a short-term bounce.
- ▲ If price breaks above the nearest resistance at 160.87200, the bearish signal may be invalidated.
- ▲ Momentum could fade if the STOCHRSI or BOP shows divergence or a reversal.
- ▲ Watch for a potential pullback to the broken Fibonacci level before continuing lower.
Symbol
USD/JPY
Timeframe
1H
Direction
SELL
Probability
78%
Strength
STRONG
Date
2026-08-04 03:00
cat_ Forex
Forex
Support & Resistance
| Level | Price | Formed |
|---|---|---|
| R1 | 160.87200 | 2026-07-31 |
| R2 | 163.73600 | 2026-07-30 |
| R3 | 163.90400 | 2026-07-29 |
| S1 | 156.23500 | 2026-08-03 |
| S2 | 155.22400 | 2026-08-03 |