Signal logged
Mar 10, 2026, 08:30 AM
Score
Entry
149.84000
Stop Loss
149.31000
TP1
150.38000
TP2
151.20000
D1/H4/H1 bullish, M5 neutral — 3/4 alignment
H4 demand zone, second test — valid but less premium
H1 engulfing above resistance
BOJ dovish + USD strong, carry trade intact
1.3x volume on entry
2.56R — good but to D1 resistance
Calendar clear
Entry at open, M5 momentum neutral
> CEO_ANALYSIS.LOG // USDJPY // 2026-03-10
USDJPY remains in a structural uptrend. The BOJ continues to resist rate normalization despite inflation running above target — this fundamental backdrop keeps the yen weak and carry trade flows positive.
Price pulled back to the H4 demand zone (149.300-149.500), which held and produced a bounce. H1 printed a clean bullish engulfing candle closing above the local resistance at 149.840. D1 and H4 fully aligned bullish. H1 bullish. Only M5 is neutral — price just broke above resistance so momentum is building.
Main risk: BOJ could surprise with hawkish commentary in upcoming statements. News calendar is clear for 24h. Structural risk at 150.00 (psychological level) — may see brief consolidation there.
Graded A rather than A+ due to: second test of H4 zone (not fresh), M5 not aligned, and 150.00 resistance between entry and TP1. Still a solid setup with clear risk management.
Bias
BULLISHConfidence
MEDIUMKey Driver
BOJ maintains ultra-loose policy stance. USD strength from Fed higher-for-longer narrative. Carry trade dynamics favor USDJPY longs.
News Risk
CLEARMarket Structure
Price bounced from H4 demand zone 149.300-149.500. D1 uptrend intact above 200 DMA at 147.800.
Entry Trigger
H1 bullish engulfing closing above local resistance at 149.840
Invalidation
Close below 149.300 on H4
SL Type
zone_baseVolume
1.3x average on entry candle