USDJPY Analysis: the yen is about to adjust in the short term

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for April 8, 2025.

Fundamental Analysis of USDJPYUSDJPY Key Takeaways

  • Investor panic converges: Asian markets diverged on Tuesday, and global panic slowed as investors further digested the tariff news. In particular, the overnight US stock market stopped plummeting, providing a relatively optimistic external environment for Asian markets.
  • US-Japan tariff negotiation expectations become the focus: Yesterday, Bessant said in an interview that negotiations with Japan are expected to be very fruitful. CCTV reported on April 8 that on April 7, local time, US President Trump issued a statement on his personal social media platform, announcing the news of his discussion of tariffs with the Japanese Prime Minister, and insisted that Japan had taken advantage of the United States in auto trade.

Technical Analysis of USDJPY Daily and Hourly ChartsUSDJPY Daily Chart Insights

(USDJPY Daily Price Chart, Source: Ultima Markets MT5)

  • Stochastic oscillator: The indicator is about to send a bullish signal before entering the oversold area, suggesting that the short-term downward trend is not smooth and there is a probability of short-term shock adjustment.
  • Rebound high: The exchange rate has a false breakthrough, and the USD/JPY is currently back above 146.50. There is a probability of continued rebound during the Asian session, and the next resistance target is the purple 13-day moving average.

USDJPY 1-hour Chart Analysis

(USDJPY H1 Price Chart, Source: Ultima Markets MT5)

  • Stochastic oscillator: The indicator showed a bearish signal in the US session yesterday, and the exchange rate subsequently fluctuated downward. Based on the fact that the exchange rate has not yet fallen below the key support, the indicator can pay attention to the trending opportunity after the bullish signal appears again
  • Retracement price: USD/JPY has retreated below the purple 13-day moving average during the Asian session, and the next target is near the black 65-period moving average.

Pivot Indicator Insights for USDJPY

(USDJPY M30 Price Chart, Source: Ultima Markets APP)

  • According to Pivot Indicator in Ultima Markets APP, the central price of the day is established at 146.90,
  • Bullish Scenario: Bullish sentiment prevails above 146.90, first target 148.20, second target 149.00;
  • Bearish Outlook: In a bearish scenario below 146.90, first target 146.10, second target 145.30.

How to Navigate the Forex Market with Ultima Markets To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you with valuable insights to empower your financial journey.

For personalized guidance tailored to your specific financial situation, please do not hesitate to contact Ultima Markets.

Join Ultima Markets today and access a comprehensive trading ecosystem equipped with the tools and knowledge needed to thrive in the financial markets.

Stay tuned for more updates and analyses from our team of experts at Ultima Markets.

 Learn more: https://bit.ly/4gWTyEA  

—–

Legal Documents

Ultima Markets, a trading name of Ultima Markets Ltd, is authorized and regulated by the Financial Services Commission “FSC” of Mauritius as an Investment Dealer (Full-Service Dealer, excluding Underwriting) (license No. GB 23201593). The registered office address: 2nd Floor, The Catalyst, 40 Silicon Avenue, Ebene Cybercity, 72201, Mauritius.

Copyright © 2025 Ultima Markets Ltd. All rights reserved.

Disclaimer  

Comments, news, research, analysis, price, and all information contained in the article only serve as general information for readers and do not suggest any advice. Ultima Markets has taken reasonable measures to provide up-to-date information, but cannot guarantee accuracy, and may modify without notice. Ultima Markets will not be responsible for any loss incurred due to the application of the information provided.

Regulation: FSC (British Virgin Islands), CySEC (Cyprus), FSCA (South Africa)
read more
ATFX Market Outlook 19th May 2025

ATFX Market Outlook 19th May 2025

Despite a sharp decline in consumer sentiment, U.S. stocks extended gains on Friday, supported by optimism over the recent U.S.-China tariff truce. The University of Michigan survey showed May confidence fell to a three-year low, while 12-month inflation expectations surged to their highest since 1981.
ATFX | 1h 44min ago
ATFX Market Outlook 16th May 2025

ATFX Market Outlook 16th May 2025

U.S. retail sales increased at a much weaker rate in April as the pre-tariff scramble to purchase automobiles exhausted itself and shoppers trimmed other spending in the face of growing economic uncertainty. In addition, Federal Reserve Chairman Jerome Powell stated the Fed needs to reconsider its existing employment and inflation paradigm within monetary policy.
ATFX | 3 days ago
Moneta Markets Daily Market Update: May 12, 2025

Moneta Markets Daily Market Update: May 12, 2025

Global financial markets on May 12, 2025, are buoyed by optimism surrounding a US-China trade deal, though uncertainties over tariff reductions temper gains. Gold drops to a one-week low near $3,253, while EUR/USD holds above 1.1200, awaiting trade deal details.
Moneta Markets | 6 days ago
Tariffs Ignite Safe-Haven Rally

Tariffs Ignite Safe-Haven Rally

Global financial markets on May 6, 2025, are stabilizing as investors await the Federal Reserve’s two-day FOMC meeting, with major currency pairs trading in tight ranges. Gold and silver rally on safe-haven demand driven by Trump’s new tariff threats and Middle East tensions, while the US Dollar holds steady despite recent weakness.
Moneta Markets | 12 days ago