empty
InstaForex Loprais Team - Official participant of the Dakar rally
InstaForex Loprais Team - Official participant of the Dakar rally
This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.
Start as Beginner
How to start trading
Useful information
Training and recordings
InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.
Become Investor
PAMM System
ForexCopy System
Passive investments
Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.
Become Partner
Main Page
Partner Area
Advantages for Affiliates
Registration
This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.
All Promo Campaigns
Bonuses
Contests
Events
Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.
Full details
Forums
We are in social networks
Forex humour
Forex Portal
InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
Learn More
History
Why Choose Us
InstaSport
Regulation
Company News
Awards
InstaForex Stars
InstaForex Offline
Headquarters
Key documents
Social Responsibility
26.03.2025 11:42 AM
USD/JPY. Analysis and Forecast
Open trading account Open demo account

This image is no longer relevant

The Japanese yen remains under pressure today due to weak domestic economic data. In February, Japan's leading inflation indicator in the services sector rose by 3.0% year-over-year, slightly below the 3.1% increase recorded in January. This figure remains an important measure of inflation in Japan's service sector. Coupled with the upbeat sentiment in equity markets, this undermines the yen's safe-haven appeal.

However, Bank of Japan Governor Kazuo Ueda reaffirmed his intention to continue raising interest rates if economic and price developments align with forecasts outlined in the BoJ's quarterly outlook report. Combined with rising wages, this supports expectations of further monetary policy tightening. Substantial wage increases for the third consecutive year reinforce expectations of additional rate hikes by the central bank.

Meanwhile, some selling pressure on the U.S. dollar is helping the USD/JPY pair remain above the 150.00 level.

On the other hand, the U.S. Federal Reserve last week hinted at two potential 25-basis-point rate cuts by year-end. While the Fed raised its inflation forecast, it lowered the growth outlook due to uncertainties stemming from President Donald Trump's aggressive trade policies. Trump is expected to announce new tariffs taking effect on April 2, adding further uncertainty to the markets. Additionally, he imposed a secondary tariff on Venezuela, stating that any country purchasing oil or gas from Venezuela will face a 25% duty when trading with the U.S.

Growing pessimism over the U.S. economy has led to declining consumer sentiment for the fourth consecutive month. The Conference Board's Expectations Index fell to 65.2 — its lowest level in 12 years — indicating a potential recession. This pressured the U.S. dollar and led to a pullback from its nearly three-week high.

This image is no longer relevant

Despite hawkish remarks by Fed Governor Adriana Kugler about slowing progress in returning inflation to the 2% target, dollar bulls failed to gain the necessary support. Several upcoming speeches from Fed officials may influence the dollar's performance. For short-term momentum in USD/JPY, attention should also be given to the U.S. Durable Goods Orders report, but the key focus will be on Friday's Core PCE Price Index, which will likely shape the pair's next major moves.

This image is no longer relevant

Technical Outlook

A breakout above the 200-period Simple Moving Average (SMA) on the 4-hour chart is considered a key bullish signal.

The RSI (Relative Strength Index) on the daily chart is beginning to show positive momentum, pointing to potential further upside. However, the recent failure near the 151.00 level and a dip back below the psychological 150.00 mark warrant caution. Traders should wait for a solid confirmation above these levels before initiating new long positions to continue the pair's recovery.

The next leg higher could lift spot prices beyond the monthly high near 151.30 and toward the round 152.00 level.

This image is no longer relevant

Support Levels

On the other hand, the 149.55 level — yesterday's low — now offers immediate support. A break below this level could open the path toward 149.00, followed by stronger support around 148.78, which aligns with the 100-period SMA on the 4-hour chart. A breach of this zone may tilt the bias in favor of the bears and lead to further losses toward 148.00 and beyond.

This image is no longer relevant

Irina Yanina,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
All Analytics
Wave analysis
EUR/USD Analysis – April 1: EU Inflation Continues to Fall The wave structure on the 4-hour EUR/USD chart risks evolving into a more complex formation. On September 25 of last year, a new bearish structure began to take shape, forming
Chin Zhao
20:05 2025-04-01 +02:00
1075
Wave analysis
Analysis for GBP/USD on April 1, 2025 The wave structure for GBP/USD remains somewhat ambiguous but generally manageable. Currently, there is a high probability of a long-term bearish trend formation. Wave 5 has taken on a convincing
Chin Zhao
20:00 2025-04-01 +02:00
1105
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Bitcoin caught in bull trap

The bottom shows no strength, the top has no desire. Even the so-called "smart money" is not rushing to buy Bitcoin, citing a confluence of negative factors. Tepid trading activity
Marek Petkovich 15:58 2025-04-01 UTC+2

USD/JPY. Analysis and Forecast

Today, the USD/JPY pair is struggling to benefit from a slight intraday upward movement, especially amid expectations that the Bank of Japan may raise interest rates at a faster pace
Irina Yanina 11:37 2025-04-01 UTC+2

US stock market: bad news fully priced in

The S&P 500 had its worst quarter in three years. Investors are shifting capital from North America to Europe. Once-booming US tech stocks have collapsed. Major banks and respected institutions
Marek Petkovich 09:13 2025-04-01 UTC+2

April to play crucial role in Europe's gas future

Europe's gas sector is entering a critical phase, as the end of the heating season sets the stage for refilling storage facilities, which are now two-thirds empty after the winter
Miroslaw Bawulski 13:01 2025-03-31 UTC+2

WTI – West Texas Intermediate. Prices Lack Support for Growth

West Texas Intermediate (WTI) crude oil prices are attempting to attract buyers, but the market remains in a state of uncertainty. Concerns over President Trump's aggressive trade tariffs are putting
Irina Yanina 12:39 2025-03-31 UTC+2

EUR/USD. Analysis and Forecast

At the start of the new week during the Asian session, the EUR/USD pair attempted to attract buyers, but this was unsuccessful. The euro received support from easing concerns about
Irina Yanina 12:35 2025-03-31 UTC+2

US stock market runs into trouble

Rumors about mutual tariffs and another blow to consumer confidence triggered the second-worst sell-off of the S&P 500 this year. Investors are still holding piles of US stocks
Marek Petkovich 10:58 2025-03-31 UTC+2

EUR/USD. Hello, April: Eurozone Inflation Report, ISM Indices, and Nonfarm Payrolls

The first week of every month is the most informative for EUR/USD traders. The economic calendar traditionally includes a report on inflation growth in the eurozone, American ISM indices
Irina Manzenko 06:28 2025-03-31 UTC+2

GBP/USD Pair Overview – March 31: Nonfarm Payrolls, Trump, and Unemployment May Create New Problems for the Dollar

The GBP/USD currency pair continued to trade sideways near its highs on Friday. This sideways movement has persisted for several weeks, and the British pound has not managed even
Paolo Greco 06:24 2025-03-31 UTC+2

EUR/USD Pair Overview – March 31: A New Week of Trials for the Dollar

The EUR/USD currency pair rose again on Friday. As we can see, the correction against the upward trend of recent weeks ended very quickly. But that's no surprise, given that
Paolo Greco 06:24 2025-03-31 UTC+2

Top analytics

Relevance up to 04:00 2025-04-02 UTC--4
USD/JPY. Analysis and Forecast
11:37 2025-04-01
Fundamental analysis
Relevance up to 03:00 2025-04-02 UTC--4
GBP/USD. April 1. A Month of Sideways Movement and the Threat of New Tariffs
11:29 2025-04-01
Technical analysis
Relevance up to 22:00 2025-04-01 UTC--4
GBP/USD Forecast for April 1, 2025
10:42 2025-04-01
Technical analysis
Relevance up to 22:00 2025-04-01 UTC--4
EUR/USD Forecast for April 1, 2025
10:47 2025-04-01
Technical analysis
Relevance up to 04:00 2025-04-02 UTC--4
Why tariffs may trigger rally instead of crash?
11:03 2025-04-01
Stock Markets
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.