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Trader Journals:::2025-11-20T08:12:38

USD/JPY

USDJPY H4 Analysis: Strong Momentum as Price Tests Key Highs The USDJPY pair has shown a consistent and well-structured bullish trend on the H4 timeframe, and the recent price action reinforces the strength behind this move. The chart clearly reflects how buyers have maintained control over the market for several weeks, pushing the pair steadily higher with only brief periods of consolidation. What makes this recent leg particularly interesting is the sharp upward continuation after price found support above the moving averages. Throughout the chart, the blue and red moving averages have acted as reliable dynamic support zones. Each time price approached these levels, it bounced with strong follow-through, indicating that buyers are willing to step in aggressively. This repeated behavior builds confidence in the overall trend structure and highlights the demand sitting below any minor pullbacks.

USD/JPY

The latest breakout toward the 157.40 region shows intensified bullish pressure. The candles in this area are large and decisive, which usually reflects momentum traders joining the trend. Even though the climb has been steep, the upward structure remains clean without signs of exhaustion yet. The market seems to respect the higher-low formations, suggesting that any future retracements may once again offer potential bounce points if the trend continues to hold. What stands out the most is the clear alignment between trend direction, moving averages, and price reactions. When these elements work together, they often create higher-probability setups for trend traders. Even for those waiting on the sidelines, observing how price behaves near key zones can provide clues about market strength. While the current rally is impressive, it is natural to expect periods of cooling or mild corrections. Monitoring how the pair behaves if it revisits support areas will be important. Overall, the structure remains bullish, and the clean momentum makes this chart a strong example of a well-established trend continuing to move with conviction.
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