FPG USDJPY Market Report March 26, 2025

USDJPY is currently traded around 149.892, attempting to break above resistance at 150.681 after a recent recovery from its downtrend. The price has moved above the middle Bollinger Band and is testing the upper band, indicating increased volatility. RSI is around 50.44, suggesting a neutral momentum without clear overbought or oversold conditions.

USDJPY has rebounded from its previous low near 147.500 and is now challenging the 150.681 resistance level. The price is trading near the upper Bollinger Band, suggesting a possible overextension in the short term. The 20-day moving average (red line) is beginning to turn upward, supporting the recovery momentum. However, a strong rejection from 150.681 could lead to another pullback toward the middle Bollinger Band near 149.000.

RSI at 50.44 reflects a balanced market condition, with neither bulls nor bears in control. A decisive break above 150.681 could trigger further upside movement, while failure to hold above 149.892 may invite renewed selling pressure.

Market Observation & Strategy Advice:

1. Key Resistance Level: 150.681. A confirmed breakout above this level may push the price toward 151.50-152.00.

2. Current Position: 149.892. A rejection from resistance could lead to consolidation or a pullback.

3. Support Level: 148.500-149.000 (middle Bollinger Band). A drop below this zone may trigger further downside.

4. Momentum Indicator: RSI is neutral, indicating no strong momentum shift. Confirmation from price action is needed before entering new positions.

5. Trading Strategy:

• Bullish scenario: Buy on a breakout above 150.681, targeting 151.50-152.00, with a stop-loss below 150.30.

• Bearish scenario: If the price fails to break 150.681, consider short positions targeting 149.500, with a stop-loss above 151.00.

Market Performance:

Forex Last Price % Change

EUR/USD 1.0786 -0.02%

GBP/USD 1.2942 -0.01%

Today's Key Economic Calendar:

AU: Monthly CPI Indicator

UK: Inflation Rate YoY

US: Durable Goods Orders MoM

Risk Disclaimer This report is for informational purposes only and does not constitute financial advice. Investments involve risks, and past performance does not guarantee future results. Consult your financial advisor for personalized investment strategies.