USDJPY Analysis: Unexpected committee attitude

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for April 2, 2025.

Fundamental Analysis of USDJPYUSDJPY Key Takeaways

  • Risk aversion drives yen appreciation: The market expects the yen to climb to the bottom of the 140 range against the US dollar this year as unease about US economic growth and trade tariffs boost demand for the safest assets.
  • US stocks and falling US interest rates support the yen: Historical data shows that the yen tends to perform best when US real interest rates and US stocks fall simultaneously.

Technical Analysis of USDJPY Daily and Hourly ChartsUSDJPY Daily Chart Insights

(USDJPY Daily Price Chart, Source: Ultima Markets MT5)

  • Stochastic oscillator: The indicator enters the overbought area and sends a short signal. The exchange rate is still dominated by short thinking before breaking the bearish candlestick.
  • Strong resistance area: Based on the strong rebound of the exchange rate yesterday, the final resistance is around 150.92, which is the previous long-short conversion area, and is also near the black 65-day and green 200-day moving averages.

USDJPY 1-hour Chart Analysis

(USDJPY H1 Price Chart, Source: Ultima Markets MT5)

  • Stochastic oscillator: The indicator weakened along with the exchange rate during the Asian session, but yesterday’s US session rebounded strongly. The short-term intraday decline is regarded as an adjustment, and long trading opportunities are given priority.
  • Rebound high: If USD/JPY continues to rebound, the first target will be around 150.390, which is also near yesterday’s high.

Pivot Indicator Insights for USDJPY

(USDJPY M30 Price Chart, Source: Ultima Markets APP)

  • According to Pivot Indicator in Ultima Markets APP, the central price of the day is established at 149.40,
  • Bullish Scenario: Bullish sentiment prevails above 149.40, first target 150.35, second target 150.90;
  • Bearish Outlook: In a bearish scenario below 149.40, first target 149.00, second target 148.70.

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Comments, news, research, analysis, price, and all information contained in the article only serve as general information for readers and do not suggest any advice. Ultima Markets has taken reasonable measures to provide up-to-date information, but cannot guarantee accuracy, and may modify without notice. Ultima Markets will not be responsible for any loss incurred due to the application of the information provided. 

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