USDJPY flirts with key support zone

USDJPY slipped after failing to overcome 164.00. But it is now rebounding from a very important zone at around 163.30, remaining above an uptrend line.
XM Group | 1 منذ يوم واحد

.

Overview: USDJPY slipped earlier today, after failing to overcome 164.00 yesterday. That said, it is now rebounding from a very important zone at around 163.30, remaining above an uptrend line.

Momentum: The RSI and the MACD are detecting slowing upside speed, corroborating the weakening of the current short-term uptrend.

Bullish scenario: Nonetheless, the rebound from near the trendline suggests there is still a chance of an impulsive wave, perhaps to target again 164.00. A break higher may open the way towards 165.00.

Risk: A dip below 163.20 could invalidate the bullish case as it will signal the completion of a double top on the 4-hour chart.

XM Group
النوع: Market Maker
التنظيم: CySEC (Cyprus), FSC (Belize), DFSA (UAE), FSCA (South Africa), ESCA (UAE)
العلامات : تحليل USDJPY
اقرأ المزيد
Fed Holds Rates; Markets Eye GDP, PCE - CPT Markets

Fed Holds Rates; Markets Eye GDP, PCE - CPT Markets

🏦 Fed holds at 3.50-3.75% but 3 members dissent for a hike — Hammack, Kashkari, Logan. 30Y yields spike to 5.211%, highest since 2007. Dow crashes 1,150 points. DXY drops 0.5%, gold rebounds 2% above $4,100. September hike odds fall to 64%. Trump vows Iran "will suffer a heavy blow." GDP and PCE today.
CPT Markets | 42 دقيقة مضت
Fed Divisions Deepen; Focus on BoE Decision and U.S. PCE Prices

Fed Divisions Deepen; Focus on BoE Decision and U.S. PCE Prices

Today’s focus: Bank of England rate decision, widely expected to hold rates steady. The vote split will be closely watched, given the Middle East conflict pushing energy prices higher. U.S. June Core PCE Price Index is expected to ease to 3.3% YoY (prior 3.4%), though rising energy costs may lift July inflation. Also watch Eurozone Q2 GDP prelim, expected to hold at 0.5% growth.
ATFX | 1h 6دقيقة مضت
Why Is the Japanese Yen Weakening? Could Japan Intervene Again?

Why Is the Japanese Yen Weakening? Could Japan Intervene Again?

The Japanese yen remains under pressure as interest rate differentials, energy prices, and carry trade activity continue to shape market sentiment. Could Japan intervene again to support its currency? Explore the key drivers behind the yen's weakness, the Bank of Japan's policy dilemma, and what it could mean for USD/JPY and the global financial markets.
IUX | 6h 49دقيقة مضت
FOMC, Iran Escalation, and Rising Risk-Off Sentiment

FOMC, Iran Escalation, and Rising Risk-Off Sentiment

Markets turn defensive as the Fed holds its inflation-fighting stance, the Nasdaq 100 nears correction territory, and Iran-related tensions escalate. This risk-off mix could persist for days or weeks. The yen looks attractive as carry trades may unwind, while gold's safe-haven appeal fades.
Born2trade | 1 منذ يوم واحد
Tech Giants’ Earnings Loom; U.S. Equities Await Fed Decision Signals

Tech Giants’ Earnings Loom; U.S. Equities Await Fed Decision Signals

The Fed is expected to keep rates unchanged, but the statement and press conference are the main focus. This meeting will be a critical window for markets to assess the Fed’s communication style and policy framework, and it will set the tone for shorter-term volatility. On equities, attention is on Microsoft and Meta’s after‑hours earnings, which will test whether massive AI investments
ATFX | 1 منذ يوم واحد
Iran Strikes US Bases; Fed Decision Ahead - CPT Markets

Iran Strikes US Bases; Fed Decision Ahead - CPT Markets

🚨 Iran launches ballistic missiles at US bases — WTI spikes 4.4% to $82.73 in Asia. Fed decision today: 69% hold, 31% hike. Gold drops 1% to $4,021, down 24% since Feb conflict. Commerzbank cuts year-end gold forecast to $4,500. Goldman targets $80 oil if Hormuz fully restores in Q4. Warsh presser the key catalyst.
CPT Markets | 1 منذ يوم واحد
Fed in Focus; Oil Slides Below $90 - CPT Markets

Fed in Focus; Oil Slides Below $90 - CPT Markets

🏦 Fed decision tomorrow — markets split 66/34 on hold vs hike, September hike at 79%. Citadel expects a surprise 25bps hike today. Brent plunges 8.7% to $88.36, WTI drops 7.5% to $82.61 on US-Iran talks progress. DXY climbs to 101.50, gold erases gains. ADP and CB Consumer Confidence due today.
CPT Markets | 1 منذ يوم واحد
Fed Uncertainty Strengthens US Dollar as Markets Turn Defensive | 28th July, 2026

Fed Uncertainty Strengthens US Dollar as Markets Turn Defensive | 28th July, 2026

Markets stayed defensive ahead of the Federal Reserve’s policy decision, with a stronger US Dollar pressuring gold, silver, the British Pound, and Canadian Dollar despite easing expectations for further rate hikes. The Japanese Yen traded sideways as investors awaited guidance from both the Fed and the Bank of Japan, with central bank decisions expected to drive the next major market moves.
Moneta Markets | 1 منذ يوم واحد