USDJPY Technical Analysis Report 18 September, 2025
Given the strength of the support level 146.00 and the widespread bearish US dollar sentiment viewn across the FX markets today, USDJPY currency pair can be expected to rise further to the next resistance level 149.00 (top of the previous wave (B) from the begin of September).
Â
- USDJPY reversed from support zone
- Likely to rise to resistance level 149.00
USDJPY currency pair recently reversed up from the support zone between the pivotal support level 146.00 (which has been reversing the price from the end of July, as can be viewn from the daily USDJPY chart below), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from July. The upward reversal from this support zone created the daily Japanese candlesticks reversal pattern Hammer  –which  stopped the earlier impulse wave 3 .
Given the strength of the support level 146.00 and the widespread bearish US dollar sentiment viewn across the FX markets today, USDJPY currency pair can be expected to rise further to the next resistance level 149.00 (top of the previous wave (B) from the begin of September).
The subject matter and the content of this article are solely the views of the author. FinanceFeeds does not bear any legal responsibility for the content of this article and they do not reflect the viewpoint of FinanceFeeds or its editorial staff.
The information does not constitute advice or a recommendation on any course of action and does not take into account your personal circumstances, financial situation, or individual needs. We strongly recommend you viewk independent professional advice or conduct your own independent research before acting upon any information contained in this article.
