USD/JPY Technical analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
This USD/JPY chart shows a market stuck in a prolonged sideways consolidation or ranging phase. After a sharp rejection from the highs, the price has been oscillating within a wide and choppy range, with primary resistance at the 149.00 level and main support around 146.80. The moving averages confirm this trendless state, as they are flat and intertwined with the price and offer no clear directional bias.



The RSI is slightly above its 50 midline, reflecting the market's general indecision despite a minor short-term bullish tilt. The outlook is neutral, with the price likely to continue moving between these key support and resistance levels until a decisive breakout occurs; a break above 149.00 would be a bullish signal, while a break below 146.80 would be bearish.
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