USDJPY Analysis: appreciation trend of the yen has slowed down

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for April 17, 2025.
Ultima Markets | 2 วันที่ผ่านมา

Fundamental Analysis of USDJPYUSDJPY Key Takeaways

  • US-Japan tariff negotiations: Japanese media said that tariff negotiations between Japan and the United States began in Washington on Wednesday, and both sides expressed goodwill, but little progress was made except for agreeing to talk again. “There is still a gap between the positions of Japan and the United States,” Japanese Prime Minister Shigeru Ishiba said in Tokyo on Thursday morning. He also said that he was considering direct talks with Trump at the appropriate time.
  • Speech by the Governor of the Bank of Japan: Kazuo Ueda, Governor of the Bank of Japan: It will take some time for interest rate adjustments to affect prices; I hope to observe medium- and long-term price trends. The factors affecting price trends have changed rapidly recently. The trend and operation of the bond market will be carefully checked.

Technical Analysis of USDJPY Daily and Hourly ChartsUSDJPY Daily Chart Insights

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

  • Stochastic oscillator:The indicator has not issued any reversal signal after entering the oversold area. Investors should not buy the bottom too early and blindly look at the long position.
  • Support price: The exchange rate is blocked near the key support price of 141.740. There is a probability of short-term adjustment after the continuous decline of USD/JPY.

USDJPY 2-hour Chart Analysis

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

  • Stochastic oscillator: The indicator repeatedly oscillates and adjusts near the 50 median line, suggesting that the short-term long and short forces are in a game. The indicator sends a long signal above the overbought level, which makes it clear that there is a probability of a rebound during the day.
  • False breakthrough: After the exchange rate fell below the key 142 integer mark yesterday, it quickly rebounded to the purple 13-period moving average. The false breakout trend makes it clear that the bullish probability prevails during the day, but it is worth noting that the exchange rate needs to break through the intraday high again before paying attention to short-term trend-following opportunities.

USDJPY PIVIOT INDICATOR

(USDJPY M30, source: Ultima Markets APP)

  • According to the trading central pivot line indicator of Ultima Markets APP, the central price of the day is 142.90,
  • Bullish above 142.90, first target 143.30, second target 143.60
  • Bearish below 142.90, first target 141.55, second target 141.15

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.

กฎระเบียบ: FSC (British Virgin Islands), CySEC (Cyprus), FSCA (South Africa)
read more
ATFX Market Outlook 17th April 2025

ATFX Market Outlook 17th April 2025

U.S. March retail sales saw their most significant increase over two years as households boosted purchases to counter tariff-related price hikes. Despite Federal Reserve Chairman Powell noting a slowdown in economic growth and denying a "Fed put," traders are betting on a potential one-percentage-point rate cut starting in June.
ATFX | 3 วันที่ผ่านมา
ATFX Market Outlook 16th April 2025

ATFX Market Outlook 16th April 2025

U.S. import prices in March fell unexpectedly due to lower energy costs, signalling easing inflation ahead of Trump's tariff policies. Despite robust bank earnings, U.S. stocks closed slightly lower amid uncertainties surrounding tariffs, with the Dow down 0.38%, the S&P 500 down 0.17%, and the Nasdaq declining.
ATFX | 4 วันที่ผ่านมา
Continued Trade Tensions Steer Markets: April 15, 2025

Continued Trade Tensions Steer Markets: April 15, 2025

Global financial markets are navigating a complex landscape on April 15, 2025, as US President Donald Trump’s tariff exemptions on tech and auto sectors spark a cautious risk-on sentiment, while escalating US-China trade tensions—marked by China’s 125% retaliatory tariffs against the US’s 145% duties—fuel recession fears.
Moneta Markets | 4 วันที่ผ่านมา
ATFX Market Outlook 15th April 2025

ATFX Market Outlook 15th April 2025

The New York Fed's March survey indicated rising short-term inflation expectations and low consumer confidence. Federal Reserve Governor Waller mentioned that Trump's tariff policies could force rate cuts to prevent a recession despite high inflation.
ATFX | 5 วันที่ผ่านมา
ATFX Market Outlook 14th April 2025

ATFX Market Outlook 14th April 2025

U.S. stocks surged on Friday as major banks began reporting Q1 earnings, concluding a volatile week marked by trade tensions. All three major indices recorded substantial weekly gains, with the S&P 500 and Dow experiencing their largest rebound since November 2023. However, consumer confidence declined in April to its lowest level in nearly three years, while inflation expectations surged.
ATFX | 6 วันที่ผ่านมา
ATFX Market Outlook 11th April 2025

ATFX Market Outlook 11th April 2025

U.S. consumer inflation unexpectedly cooled in March, with the core CPI rising 2.8% year-over-year, marking the smallest increase since March 2021. However, new tariffs may hinder further improvement in inflation. U.S. stocks plunged on Thursday amid growing concerns over President Trump's tariff policies. The Dow fell by 2.5%, the S&P 500 dropped by 3.46%, and the Nasdaq slid by 4.31%.
ATFX | 9 วันที่ผ่านมา
Cooling U.S. inflation data looms large - Market Update April 10 2025

Cooling U.S. inflation data looms large - Market Update April 10 2025

Global markets are adjusting to a volatile landscape as U.S.-China trade tensions escalate, despite a 90-day tariff delay on most nations announced by President Donald Trump. Cooling U.S. inflation data looms large, with the March CPI report set to influence Fed rate expectations and the USD’s trajectory.
Moneta Markets | 9 วันที่ผ่านมา