Technical analysis 27 October 2025 USD/JPY H-1 
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Moving Average: The price is trading comfortably above the long-term moving average (solid black line), which is angled steeply upwards, confirming the strength and health of the bullish trend. *
Short-Term Momentum: Bullish (Attempting Breakout) *
Key Resistance: The price is pressing directly against the key horizontal resistance level at ~153.02 (purple line). This level was also rejected on October 24, making this a retest. *
Parabolic SAR: The Parabolic SAR (red dots) is positioned below the price candles. This is a bullish signal, indicating that the short-term momentum is to the upside. *
MACD: The MACD indicator (in the lower panel) is providing multiple bullish confirmations: * It is well above the zero line, indicating strong bullish trend momentum. * The histogram is green, showing that buying pressure is currently in control. * The MACD line (red) has recently crossed above its signal line, which is a classic "buy" signal.
Key Levels * Resistance (R_1): 153.02 (the purple line and recent high). This is the immediate and most important level. *
Support (S_1): ~152.70 (recent swing low and current Parabolic SAR level). *
Support (S_2): ~152.30 (the rising black moving average).
Potential Scenarios * Bullish Scenario (Breakout): The indicators suggest a high probability of a breakout. A decisive 1-hour candle close above the 153.02 resistance would confirm the continuation of the uptrend and open the door for further gains. *
Bearish Scenario (Rejection): If the price fails to break 153.02 and forms a bearish reversal candle (e.g., a pin bar or bearish engulfing), it could signal a short-term pullback. In this case, the first target for bears would be the S_1 support at ~152.70.
