šØ USD/JPY Intraday Market Signal ā May 12, 2025 šØ
š Direction: BUY / LONG
š¹ USD/JPY holds strong bullish momentum in todayās session.
š Technical Breakdown:
⢠Price: 148.08
⢠Resistance: 149.46 ā First upside target
⢠Support: 147.95 ā Key hold zone
⢠MACD: Bullish crossover
⢠RSI: Overbought (~70.7)
⢠ADX: Strong trend (44.50)
⢠Sentiment: 62% Bullish
š” Strategy:
Long entry near 147.95, targeting 149.46ā150.57. Stop-loss below 146.90. Watch for breakout continuation on macro-driven momentum.
š¢ News Note:
Fedās hawkish stance & BoJ dovish tone fuelling USD gains. Trade optimism adds further support.
š Stay sharp. Risk control matters.
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