USDJPY

Key Indicators

• Technically, the overall momentum remains bullish. Nevertheless, a healthy pullback and consolidation are anticipated following this momentum surge, as the risk of a more severe correction has increased given the yen’s current price levels.

Fundamental Context

The USD/JPY has extended its rally beyond initial expectations. This advance was fueled by renewed dollar strength, driven by hawkish comments from Federal Reserve policymakers and persistent geopolitical concerns.