- Analytics
- Market analysis
- Technical Analysis
- USD/JPY tests MA (200) H1
USD/JPY tests MA (200) H1
The hourly chart of USD/JPY shows consolidation after a sharp decline from the level of 146.30, which is now acting as a key resistance. After reaching a low near 142.80, the price rebounded upward, but failed to gain a foothold above the resistance area of 145.10. Currently, the pair is trading around 144.00, slightly below the 200-period moving average, which indicates a possible continuation of downward pressure.
The MACD indicator is in the negative zone, but it shows an attempt to turn up, which may indicate a short-term weakening of the bearish momentum. However, as long as the price remains below the 200-period average, the risk of continued downward movement remains. In general, the technical picture remains neutral-bearish with a downward bias, provided that the quotes do not return confidently above 144.25–145.10.
Resistance levels are: 144.25, 145.10, 146.30
Support levels are: 143.45, 142.80, 142.10
The main scenario for the pair's advance suggests a breakout of the session high of 144.25 and there may be an increase to 145.10 (May 28 high) and 146.30 (May 29 high)
An alternative scenario suggests a breakout of the session low of 143.45 and a possible decline to 142.80 (May 22 low)
© 2000-2026. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
