USDJPY technicals: USDJPY stretches again to the 100 bar MA on the Four-hour chart

The USDJPY reacted to the 200-bar transferring common on the Four-hour chart and the damaged 38.2% retracement of the 2025 buying and selling vary following the U.S. PPI launch. Momentum then carried the pair larger, testing the 100-bar transferring common on the Four-hour chart at 147.813, the place sellers leaned on the primary try. Simply above, at 147.887, sit final week’s swing highs.

The bounce to the upside has now introduced the pair again between the 100- and 200-bar transferring averages—ranges that outlined final week’s complete buying and selling vary. Earlier this week, value briefly pushed above these averages towards targets at 148.58 and 148.779, however sellers shortly regained management.

Yesterday, the low stalled on the 200-bar MA earlier than breaking beneath, solely to see value rebound at present. This leaves merchants as soon as once more watching the vary between the 2 transferring averages for the following directional break after a number of failed makes an attempt in each instructions this week.

The US yields are transferring larger which helps the USDJPY

• 2 yr yield three.744%, +5.8point foundation factors
• 5-year yield three.825%, +5.Four foundation factors
• 10 yr yield Four.296%, +5.7 foundation factors
• 30 yr yield Four.82%, +5.5 foundation factors

This text was written by Emma Wang at investinglive.com.