USD/JPY – Monday, August 4, 2025.
With the EMA still forming a Death Cross and the RSI(14) indicator at the Bearish Neutral level, USD/JPY has the potential to continue strengthening today.
Key Levels
1. Resistance 2: 152.16.
2. Resistance 1: 149.78.
3. Pivot: 148.55.
4. Support 1: 146.17.
5. Support 2: 144.94.
Tactical Scenario
Pressure Risk Zone: If the price breaks through and closes below 146.17, USD/JPY has the potential to continue its decline to 144.94.
Momentum Extension Bias: If USD/JPY successfully breaks through and closes below 144.94, as well as momentum and volatility support this decline, then USD/JPY has the potential to continue its decline to 142.56.
Invalidation Level / Bias Revision
Downside bias is restrained if the price rebounds and breaks through and closes above 152.16.
Technical Summary
EMA(50): 148.46.
EMA(200): 148.88.
RSI(14): 40.79.
Economic News Release Agenda:
From Japan, there will be a JPY-Monetary Base y/y release at 06:50 WIB, and later tonight, when the US market opens, there will be a US-Factory Orders m/m release at 21:00 WIB.
