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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

USDJPY 29.4.2025

Technical Analysis
Tuesday, April 29, 2025 - 10:32
Point Trader Group
USDJPY 29.4.2025

General Trend:

The price bounced from strong support at 140.27 and is attempting to recover, with bearish momentum weakening as per MACD signals.

Expected Scenario:

Bullish Scenario:

- A continued move above 142.62 could lead to 145.20 and 150.98.

Bearish Scenario:

- A break below 141.75 may resume downside pressure toward 140.27.

Key Levels:

Resistances: 145.20 – 150.98 – 151.26  

Supports: 141.75 – 140.27 – 138.50

 

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.

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