Economic Calendar
High levels of volatility shouldn't be expected in the near term.
USD/JPY hourly chart analysis
In the short term, bullish momentum from the 142.7300 support level is gaining strength. This momentum could push the FX pair price toward 148.000 if the resistance at 146.000 is broken.Hourly Chart
USD/JPY daily candle chart analysis
A sideways trading zone between the 142.100 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.