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USD/JPY
USDJPY H4 Analysis: Strong Momentum as Price Tests Key Highs The USDJPY pair has shown a consistent and well-structured bullish trend on the H4 timeframe, and the recent price action reinforces the strength behind this move. The chart clearly reflects how buyers have maintained control over the market for several weeks, pushing the pair steadily higher with only brief periods of consolidation. What makes this recent leg particularly interesting is the sharp upward continuation after price found support above the moving averages. Throughout the chart, the blue and red moving averages have acted as reliable dynamic support zones. Each time price approached these levels, it bounced with strong follow-through, indicating that buyers are willing to step in aggressively. This repeated behavior builds confidence in the overall trend structure and highlights the demand sitting below any minor pullbacks.