Created
: 2025.03.25
2025.03.25 04:31
The USD/JPY pair surged on Monday and climbed above the 150.00 mark for the first time since early March as tariff fears faded and US Treasury bond yields skyrocketed, pushing the major for over 0.81%.
The USD/JPY cleared key resistance levels on Monday: first, the Kijun-Sen at 149.47, followed by the 150.00 figure. Buyers are gathering momentum, as depicted by the Relative Strength Index (RSI) punching through the 50 neutral line, suggesting that bulls could push prices past key strong resistance levels.
The 200-day and 50-day Simple Moving Averages (SMAs) confluence, at 151.79/82, respectively, emerges as a crucial ceiling and could be tested in the near term. If surpassed, the next significant resistance level would be the Senkou Span B, at 152.71.
Conversely, if USD/JPY retreats below 150.00, immediate support would be the Kijun-Sen and the Senkou Span A at 149.28. A breach of the latter will expose the Tenkan-Sen at 149.08.
The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies today. Japanese Yen was the strongest against the Euro.
USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
---|---|---|---|---|---|---|---|---|
USD | 0.15% | -0.04% | 0.84% | -0.24% | -0.15% | 0.16% | 0.02% | |
EUR | -0.15% | -0.30% | 0.18% | -0.34% | -0.33% | 0.05% | -0.09% | |
GBP | 0.04% | 0.30% | 0.88% | -0.68% | -0.06% | 0.36% | 0.10% | |
JPY | -0.84% | -0.18% | -0.88% | -1.08% | -1.01% | -0.65% | -0.83% | |
CAD | 0.24% | 0.34% | 0.68% | 1.08% | 0.14% | 0.41% | 0.26% | |
AUD | 0.15% | 0.33% | 0.06% | 1.01% | -0.14% | 0.39% | 0.23% | |
NZD | -0.16% | -0.05% | -0.36% | 0.65% | -0.41% | -0.39% | -0.08% | |
CHF | -0.02% | 0.09% | -0.10% | 0.83% | -0.26% | -0.23% | 0.08% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Japanese Yen from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent JPY (base)/USD (quote).
Created
: 2025.03.25
Last updated
: 2025.03.25
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy