USD/JPY Technical Analysis March 26, 2025
Current Price Levels and Technical Indicators:
As of 8:00 AM GMT on March 26, 2025, the USD/JPY currency pair is trading at approximately 150.43.
Relative Strength Index (RSI): The 14-day RSI is around 53.87, indicating neutral momentum.
Moving Averages: The pair is trading near its 50-day Simple Moving Average (SMA), suggesting consolidation around this level.
Support and Resistance Levels:
Support: Immediate support is observed at the 150.00 psychological level. A break below this could lead to further declines toward the 149.50 area.
Resistance: The first resistance level is at 150.60. A break above this could open the door for further gains toward 151.00.
Fundamental Factors:
Several fundamental factors are influencing the USD/JPY pair:
Bank of Japan (BoJ) Policy: BoJ Governor Kazuo Ueda indicated that the central bank may raise interest rates if persistent increases in food costs lead to broader inflationary pressures.
U.S. Trade Policies: Traders are awaiting more information on President Donald Trump’s trade policies, particularly concerning new tariffs set for April 2. Hints at possible exemptions have introduced market optimism.
Conclusion:
The USD/JPY pair is currently exhibiting neutral momentum, trading near key support and resistance levels. Technical indicators suggest consolidation, but traders should monitor upcoming economic data releases and central bank communications, as they may influence future price movements.
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