USD/JPY Rises to Upper 147 Yen Range, Senate Election Expectations May Be Influencing the Market【JULY15,2025】
USD/JPY Market Environment (Swing Trade Strategy)
Let’s begin with an overview of the USD/JPY market environment. Overall, the Alligator indicator shows its “mouth” wide open and facing upward. This suggests increasing bullish momentum and indicates that a trend may be forming.
Previously, the 145.75 yen area served as a strong resistance level, where ▲ appeared, signaling a potential pullback. However, this time ▼ has appeared, indicating a possible reversal and a shift toward a support zone. That said, we cannot conclusively say that the range has been broken. The key focus will be whether the price can break above the 148 yen level.
USDJPY/DAY
USD/JPY Day Trading Strategy
Let’s analyze the 1-hour chart to consider today’s day trading strategy.
When drawing an upward channel on the 1-hour chart, it is confirmed that the price is currently approaching the lower boundary of the channel. A contributing factor to the weaker yen is Japan’s upcoming House of Councillors election this weekend. Reports suggest that opposition parties calling for fiscal expansion are leading, prompting a major sell-off in long-term government bonds.
The sell-off of long-term JGBs suggests that the market is questioning Japan’s future fiscal outlook, leading to a weaker yen. Although the upward momentum has slightly weakened near the 148 yen mark, the overall outlook remains bullish.
USDJPY/1H
Day Trading Plan
Buy on dips
Buy limit order at 147.58 yen
Buy limit order at 147.58 yen
Take-profit target around 148 yen
Stop loss if price drops below 147.45 yen
BTCUSD Pivot Points
Pivot PricePriceR3147.81R2147.76R1147.72Pivot Point147.67S1147.63S2147.58S3147.54
Must-Know Key Fundamental
Reports of opposition parties favoring fiscal expansion leading the race are causing Japanese long-term government bonds to be sold off.
Concerns about fiscal deterioration are pressuring the yen. Markets are focused on the outcome of the House of Councillors election.
Key Economic Events Today
| Event／Indicator | Time（JPT） |
| --- | --- || Crypto Week | Ongoing throughout the week |
| --- | --- |
Risk Disclaimer
This analysis is for educational purposes only and does not constitute investment advice. Trading forex and CFDs involves significant risk and may not be suitable for all investors. Past performance is not indicative of future results.
This analysis is for educational purposes only and does not constitute investment advice. Trading forex and CFDs involves significant risk and may not be suitable for all investors. Past performance is not indicative of future results.
