The USDJPY extended above its 200-day moving average and the 50% midpoint of the 2025 trading range last week, signaling a bullish breakout. However, that bullish momentum was abruptly reversed after the weaker-than-expected U.S. jobs report, which triggered a sharp decline.
By the close, the pair had fallen below the 100-bar moving average on the 4-hour chart, currently at 148.00 (blue line), shifting the short-term technical bias in favor of sellers. The downside momentum has continued, with the price extending to new session lows.
Adding to the bearish tone is the price action on the hourly chart (see the chart below), where sellers leaned against the 200-hour moving average, currently at 148.15 (green line). The failure to break above this level on the rebound confirms it as near-term resistance. As long as the price remains below both the 100-bar on the 4-hour and the 200-hour moving averages, the technical bias stays negative.
The Road Ahead:
Immediate support: 200-bar MA on the 4-hour chart at 146.566Current session low: 146.90 — getting below it increases bearish controlNext target zone: Swing area between 145.91 and 146.288Key support below: 100-day moving average at 145.698Note: The pair moved above that level on July 8 and has largely held above it since, aside from a brief dip on July 10This confluence of failed resistance tests and layered support zones gives traders clear technical markers to gauge momentum shifts in the sessions ahead.
Stay tuned to InvestingLive.com for continuous insights and analyses.
This article was written by Greg Michalowski at investinglive.com.Hence then, the article about usdjpy technical analysis seller in the usdjpy stay in control here s why was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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