Weekly Analysis List
USD/JPY Weekly Analysis
4/28/25
Market Overview
USD/JPY Weekly Analysis (28.04.2025)
Trend and Momentum:
The USD/JPY pair is experiencing a bullish correction due to easing trade tensions and trading around 144.00, showing upward potential. The Alligator indicator confirms this momentum.
Support and Resistance Levels:
• Support:
• 141.50: Immediate
• 139.55-85: Secondary
• 137.25: Tertiary
• Resistance:
• 144.20: Immediate
• 145.10: Secondary
• 147.60-80: Tertiary
Market Sentiment:
The USD/JPY rate climbed to 144 yen per dollar on Monday due to easing global trade tensions. Japan's chief trade negotiator visiting Washington and the Bank of Japan's policy meeting might positively influence the pair.
Conclusion
Outlook:
Breaking above 144.20 may drive the pair towards 145.10 and possibly 147.60-80. Falling below 141.50 could lead to drops to 139.55-85 and further down to 137.25. This summary provides an overview of the USD/JPY pair's performance and potential movements for the week.