-0.90% for US Dollar vs Yen — price action drifts lower with persistent bearish momentum

Traders Union
All News
Financial News
US Dollar vs Yen drops 0.90% today

Highlights

USD/JPY trades at ¥152.92, below the MA-20 and MA-50 but just above the MA-200 at ¥152.52, reflecting strong short- to medium-term seller dominance.
Momentum indicators including MACD, ADX, RSI, Stochastic RSI, and CCI confirm pronounced short-term bearishness and oversold conditions, with sellers dominating intraday momentum.
If USD/JPY breaks below the MA-200 at ¥152.52, further weakness is likely; resistance stands at the Ichimoku Kijun at ¥155.64, with the expected range at ¥152.40–¥154.60 in the next five days.

Bearish momentum confirmed as dynamic support and resistance define range

Technical analysis reflects ongoing bearish momentum: USD/JPY sits under short and medium-term moving averages with the MA-200 at ¥152.52 providing dynamic support. Nearest resistance aligns with the Ichimoku Kijun at ¥155.64. Momentum indicators reinforce the downtrend, with MACD on a strong sell and ADX signaling a weak trend. RSI, Stochastic RSI, and CCI are all in oversold territory, implying downside exhaustion, while Bull/Bear Power and the Awesome Oscillator confirm intraday seller strength. The session opened with a gap down from ¥154.32 to ¥153.32 and continued to drift lower with modest volatility, confirming persistent bearish momentum by both price action and technical signals.

Downside bias persists as consolidation holds under key resistance

Looking toward the short term, USD/JPY is expected to trade within a typical volatility band between ¥152.40 and ¥154.60 over the next five sessions. The bias favors a further price decrease, with less than a 20% probability of a sustained rise. Baseline expectations are for sideways consolidation between ¥152.40 and ¥154.60. Upside potential would require a decisive break above the Ichimoku Kijun at ¥155.64, while a move below MA-200 at ¥152.52 could trigger further weakness toward the lower end of this range.

Viktoras Karapetjanc, Senior Analyst at Traders Union, sees the USD/JPY pair under persistent selling pressure, with technicals signaling ongoing bearish momentum. He notes that price action is consolidating near the MA-200 at ¥152.52, which could act as a dynamic support in the short term. Wider macro drivers and sentiment have not provided relief, and without fresh catalysts, sellers retain control. The analyst believes a move above ¥155.64 is needed to change the outlook, but consolidation is more likely. "With momentum and sentiment aligned to the downside, I expect the pair to remain under pressure, but any break below ¥152.52 could open room for deeper declines in the near term."

Previously it was reported that USD/JPY has slipped below key short- and medium-term moving averages amid profit-taking and increased policy uncertainty, with mixed momentum indicators highlighting near-term bearishness but preserving long-term support above the MA-200. The pair is expected to consolidate within a tight range, with downside risk toward ¥154.00 and upside potential capped at resistance near ¥156.60, as technical signals favor possible upward movement over the coming days.

Source of Data: USD Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.