यह भी देखें
27.06.2025 10:43 AM
Today, following the release of data showing a decline in consumer prices in Tokyo, the Japanese yen began to weaken. This news reinforced expectations that the Bank of Japan may postpone an interest rate hike until the first quarter of 2026, which the market perceives negatively as it reduces the attractiveness of the Japanese currency. In addition to domestic factors, uncertainty regarding the potential impact of U.S. tariff measures on the Japanese economy is also contributing to the decline in the yen's appeal.
From a technical standpoint, the USD/JPY pair on the 4-hour chart fell below the key 200-period Simple Moving Average (SMA). Given that oscillators on both the 4-hour and 1-hour charts have moved into negative territory, continued weakness below the key 144.00 level would leave spot prices vulnerable to further declines below the 143.75 level or yesterday's low. Ultimately, the downtrend could push prices below the psychological level of 143.00.
On the other hand, a steady move back above the 200-SMA, followed by strength beyond the psychological level of 145.00 and the 50-SMA resistance around 145.25, would negate the bearish outlook. The USD/JPY pair would then attempt to break through the 146.00 level. If that level is firmly cleared, the upward trajectory may continue toward the 147.00 level, with a possible pause in the 146.50–146.65 level.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.
