🔍 Fundamental Overview
USDJPY begins the second week of September with strong bullish momentum, driven by political developments in Japan and resilient US dollar strength.
🇯🇵 Japan:
• Political Shock: Prime Minister Shigeru Ishiba resigned over the weekend, triggering uncertainty in Japanese markets. The resignation follows internal party disputes and trade negotiation setbacks with the US.
• Economic Data: Japan’s Q2 GDP was revised upward, supported by strong exports and stable consumption. This opens the door for potential BoJ tightening, although the yen remains under pressure.
🇺🇸 United States:
• Dollar Strength: Despite weak labor data, the dollar remains firm amid global risk aversion and expectations of a Fed rate cut. The USDJPY pair continues to benefit from the yield differential and safe-haven flows.

📊 Technical Analysis
• Support Levels:
o 147.00 – short-term support
o 146.20 – minor channel base
o 145.50 – extended correction zone
• Resistance Levels:
o 148.35 – key resistance zone
o 148.80 – breakout target
o 149.20 – bullish extension target
• Indicators:
o RSI: Positive divergence supports bullish momentum
o EMA50: Price has broken above, removing bearish pressure
o Alligator: Trending upward, confirming bullish bias

📈 Trading Scenarios
✅ Bullish Setup:
• Entry: Above 148.20
• Targets: 148.80 ➡️ 149.20
• Stop-Loss: Below 147.00
• Catalysts: Political instability in Japan, strong US dollar, technical breakout
❌ Bearish Setup:
• Entry: Below 147.00
• Targets: 146.20 ➡️ 145.50
• Stop-Loss: Above 148.35
• Catalysts: BoJ surprise tightening, risk-off sentiment, failed breakout