USDJPY Trade Setup – 17th Nov

USD/JPY enters the session at a pivotal juncture, with price action once again testing levels historically associated with heightened sensitivity from Japan’s Ministry of Finance. As the pair hovers just below the 155.00 threshold, the balance between persistent US yield support and elevated intervention risk is shaping an unusually asymmetric landscape for short-term traders. Last week’s resilience in the dollar continues to clash with Japan’s softer macro data and growing political pressure to curb excess currency weakness, creating a complex but opportunity-rich environment. Against this backdrop, today’s setup focuses on clearly defined technical inflection points and the probability of sharp, event-driven reversals, an ideal framework for disciplined, risk-controlled execution. USDJPY Trade Setup: Pair / Asset Bias & Entries Stop / Invalidation Targets Why A+ (Fundamentals, Technicals, Sentiment) Near-term catalysts (UK time) USD/JPY  SHORT 154.90 – 155.15 (fade spikes); add on a 1h close back below 154.60 if a stop-run fails 156.20 daily close T1: 153.20  T2: 152.40 Fundamentals: MoF/FinMin warnings remain live as Yen nears the 155 line, intervention risk is the asymmetry. Asia session saw Japan Q3 GDP contract 1.8% annualized, adding policy sensitivity; a sudden JPY squeeze is the tail-risk we trade for. Technicals: Price stalls beneath 155.00 multi-touch supply; rising-wedge/RSI divergence on 4h. Sentiment: Street remains skewed long USDJPY; stops clustered under 154.40 /1 53.80 from last week’s swing lows. (Bloomberg) All day: Japan/MoF headline risk; US session: Nvidia focus keeps macro vol subdued but exaggerates JPY headline moves. Fed calendar light pre-Minutes week. (Reuters) Chart by TradingView – USDJPY Trade Setup – 17th Nov   With intervention risk intensifying and price coiling beneath a well-established resistance zone, USD/JPY remains one of the most tactically compelling crosses on the board. The pair’s elevated positioning, stretched momentum signals, and sensitive policy backdrop all reinforce the need for precision and strict adherence to invalidation levels. Whether driven by sudden official commentary, shifting US yield dynamics, or broader shifts in market sentiment, volatility around these levels can be both rapid and decisive. As long as the pair remains capped beneath key resistance, the risk-reward profile continues to favor a measured, opportunistic approach, offering traders a high-quality setup aligned with both prevailing macro forces and technical structure. This analysis is for informational purposes only and does not constitute investment advice. Trading involves risk; manage exposure accordingly. For similar FX Trade Setups please visit our FX Trade Ideas page. Please visit our Disclaimer page. Disclaimer Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. TerraBullMarkets.com does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets or any financial instrument involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of TerraBullMarkets.com nor any of its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page. TerraBullMarkets.com and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. TerraBullMarkets.com and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted. The author and TerraBullMarkets.com are not registered investment advisors and nothing in this article is intended to be investment advice. TerraBullMarkets...