Economic Calendar
Continuation of elevated volatility in the FX pair may persist in the short term.
USD/JPY hourly chart analysis
A move back toward the 148.00 resistance level could happen soon if the U.S. dollar strengthens again. This might be supported by positive U.S. economic news or expectations of higher interest rates, which usually push the dollar higher. However, if the price breaks below the 144.00 support level, it could lead to more downside. This would suggest growing selling pressure and may signal a shift in market sentiment, possibly pushing prices lower toward the next support zones.Hourly Chart
USD/JPY daily candle chart analysis
A sideways trading zone between the 141.000 and 148.700 levels may persist if market participants are unable to establish a clear directional bias. In the absence of strong fundamental catalysts or decisive technical signals, price action could remain range-bound within this channel. This type of consolidation often reflects market indecision, with buyers and sellers maintaining a relative balance, and may continue until a breakout—either upward or downward—provides fresh momentum for the next significant move.
Read More: Technical Analysis
Traders sentiment mixed
Building on last week, trader sentiment remains balanced, with long positions accounting for 52% and shorts at 48%. There's no clear directional bias in USD/JPY at this time.