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USDJPY
Global economic events continue to shape market sentiment as trade policies, geopolitical developments, and monetary decisions influence currency movements. Recent statements regarding the Eurozone and BRICS, alongside a key policy stance from the Federal Reserve—praised by former U.S. President Donald Trump—have fueled market reactions.
Amid inflation-driven expectations, the U.S. dollar is gaining momentum, triggering an upward push in USDJPY. From a technical perspective, traders are closely watching the 155.95 resistance level, while the previously breached channel support may be retested before any further bullish moves.
Key resistance levels stand at **155.95** and **156.6**, while support is identified at **155.0** and **153.6**. The price is attempting to solidify its position within a bullish zone, yet resistance at **155.95** remains a critical barrier. A decisive break and sustained movement above this level could pave the way for further upside, potentially testing trend resistance in the near term.
Amid inflation-driven expectations, the U.S. dollar is gaining momentum, triggering an upward push in USDJPY. From a technical perspective, traders are closely watching the 155.95 resistance level, while the previously breached channel support may be retested before any further bullish moves.
Key resistance levels stand at **155.95** and **156.6**, while support is identified at **155.0** and **153.6**. The price is attempting to solidify its position within a bullish zone, yet resistance at **155.95** remains a critical barrier. A decisive break and sustained movement above this level could pave the way for further upside, potentially testing trend resistance in the near term.
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