FX.co ★ remington.kihn | USD/JPY

Hello traders. USD/JPY. Analysis for now and the end of the week. Technically, nothing has changed so far. We broke through 158.5 at the Tokyo open. Dropped to 158.45. Bought back up. On the M15 chart, there is a candle with a long lower shadow. Half of the body is covered. Not a breakdown. Liquidity gathering from below and a rebound. Spreads still haven't normalized properly. Tokyo has been in the market for an hour already and there is no direction. The market is hanging. Thinking. Or pretending. On the H1 chart, the structure is holding. The price is oscillating between 158.5 and 159. There is neither a proper downward impulse nor an attempt to recover above. Just a range with breakouts on both sides. Two scenarios for today. First. Continuing the sawing motion in the same range. Boring but predictable. Second. Retesting 158.5 with a proper acceptance below. Then 158 opens up and deeper. So far, the second scenario is not happening. Now, about the end of the week. And here the real show begins. Tomorrow is Thursday. Anniversary of Liberation Day. A year ago, Trump walked into the Rose Garden and solemnly announced tariffs on the whole world. He called it Liberation Day. The markets crashed. Then he changed his mind. Then the Supreme Court declared it all illegal. But Trump doesn't give up. He is now building a new tariff wall. Buy the fund. Sell the fund. If you haven't done it yet, you're late. Anything can happen by the anniversary. Keep an eye on the news from Washington. Will he announce victory over Iran??? Friday is Good Friday. Passionate Friday. American exchanges are closed. Everyone is painting eggs. And it is on this day that the NFP comes out. The first Friday of the month is always NFP. This time it falls right on the holiday. Forex is open but liquidity will be as thin as paper. Spreads will widen. Movements can be sharp and completely inadequate. Someone in Washington knows how to choose dates. In summary. Be cautious today. Tomorrow, watch Trump. Friday is a minefield. NFP on a thin market without exchanges is not a trading day but a lottery. Setting up a fence is not just a recommendation. It is the only way to survive this week with your deposit.