empty
InstaForex - Official partner of Dragon Racing
InstaForex - Official partner of Dragon Racing
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
24.04.2025 11:35 AM
USD/JPY. Analysis and Forecast
Open trading account Open demo account

This image is no longer relevant

The Japanese yen maintains a bullish tone despite certain headwinds and remains in focus as renewed global risk aversion fuels demand for safe-haven assets.

Diminishing hopes for a swift resolution to the U.S.–China trade conflict, along with speculation that Japan may reach a deal with the U.S. and growing expectations that the Bank of Japan (BoJ) may raise interest rates, are all supporting demand for the yen. Additionally, the widening policy divergence between the Federal Reserve and the BoJ adds further pressure on the dollar, favoring the strength of the Japanese currency.

Recent comments by Japan's Finance Minister Katsunobu Kato have highlighted the country's growing concerns over U.S. tariff policy and its impact on financial markets. The uncertainty created by these tariffs could indeed pressure Japan's economy, a concern echoed by BoJ Governor Kazuo Ueda, who signaled that monetary policy measures might be necessary.

The visit of Economic Revitalization Minister Ryosei Akazawa to the U.S. for tariff negotiations may prove to be a key step toward mitigating negative effects on Japan's economy. Still, investors remain optimistic about the likelihood of a BoJ rate hike in 2025, reflecting confidence in a sustained rise in inflation above the 2% target.

Meanwhile, expectations of rate cuts from the Federal Reserve are driving a significant divergence in monetary policy between the U.S. and Japan. Traders are already pricing in a renewed Fed easing cycle, expected to begin in June, with at least three rate cuts forecast by the end of the year.

Technical Outlook:

  • The overnight close above the 143.00 level serves as an important bullish signal for USD/JPY. Hourly chart oscillators remain in positive territory, potentially sustaining buying interest around the 142.45–142.40 zone.
  • A drop below the psychological 142.00 level could expose the pair to further downside toward the 141.10–141.00 area, with additional support seen around the 100- and 200-hour SMAs, and an intermediate floor at 140.50. A break below the key 140.00 mark would pave the way for deeper losses.

On the other hand, a renewed push above 143.00 may encounter resistance near 143.55 or yesterday's high. A sustained breakout above 144.00 would likely trigger a stronger rebound in USD/JPY.

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
Fundamental analysis
The Bank of England to Slow Down the Pace of Policy Easing The Bank of England recently cut interest rates for the second time in 2025, justifying its decision with slowing inflation and steady movement toward the target level. But no sooner
Chin Zhao
00:05 2025-05-22 +02:00
1045
Fundamental analysis
The Dollar Sawed Off the Branch It Was Sitting On Can the euro be considered a strong currency? I have significant doubts about that. An independent group of economic advisors to Friedrich Merz forecasts that the German economy will enter
Marek Petkovich
00:05 2025-05-22 +02:00
1090
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

The Bank of England to Slow Down the Pace of Policy Easing

The Bank of England recently cut interest rates for the second time in 2025, justifying its decision with slowing inflation and steady movement toward the target level. But no sooner
Chin Zhao 00:05 2025-05-22 UTC+2

The Dollar Sawed Off the Branch It Was Sitting On

Can the euro be considered a strong currency? I have significant doubts about that. An independent group of economic advisors to Friedrich Merz forecasts that the German economy will enter
Marek Petkovich 00:05 2025-05-22 UTC+2

The Yen Goes on a Buyer Strike

A collapse in confidence in the U.S. dollar, rumors of coordinated currency intervention, and capital repatriation to Japan are driving USD/JPY back into a downtrend. The music playing
Marek Petkovich 00:05 2025-05-22 UTC+2

EUR/USD: Continued Weakness in the U.S. Dollar

The four-week-long southern impulse we saw in EUR/USD has fully faded. Last week, sellers pushed the pair to a monthly low at 1.1066, but then seemed to "fear their
Irina Manzenko 18:59 2025-05-21 UTC+2

High Inflation Supports the Pound. GBP/USD Outlook

The UK Consumer Price Index (CPI) rose from 2.6% to 3.5% in April, surprising the market, which had expected an increase to 3.3%. The core CPI also exceeded forecasts
Kuvat Raharjo 18:47 2025-05-21 UTC+2

USD/CAD. Analysis and Forecast

The USD/CAD pair is attracting sellers for the third consecutive day. A break below the 1.3900 level signals increased selling pressure, which could lead to further downside. Rising oil prices—driven
Irina Yanina 18:41 2025-05-21 UTC+2

USD/CHF. Analysis and Forecast

For the third consecutive day, the USD/CHF pair continues to lose ground. The fundamental backdrop suggests that the path of least resistance remains to the downside. The pair has been
Irina Yanina 18:38 2025-05-21 UTC+2

GBP/JPY. Analysis and Forecast

Following the release of UK consumer inflation data, which came in above expectations, the GBP/JPY pair slightly pared back its intraday losses. However, it failed to attract significant buying interest
Irina Yanina 11:25 2025-05-21 UTC+2

Will Global Central Banks Continue to Cut Interest Rates? (Bitcoin May Resume Growth and USD/JPY May Decline)

Among the economically developed nations—those that belong to the Western wing of the global economy—there is an important rule: a target of 2% inflation, specifically consumer inflation. Achieving this target
Pati Gani 09:46 2025-05-21 UTC+2

Market: Do or Die!

Markets can remain irrational longer than you can remain solvent. The S&P 500 rally from the April lows—adding $8.6 trillion in market cap—often appeared irrational. Investors ignored the Federal Reserve's
Marek Petkovich 08:23 2025-05-21 UTC+2

Top analytics

Relevance up to 09:00 UTC--4
EUR/USD: Continued Weakness in the U.S. Dollar
18:59 2025-05-21
Fundamental analysis
Relevance up to 08:00 2025-05-23 UTC--4
The Dollar Sawed Off the Branch It Was Sitting On
00:05 2025-05-22
Fundamental analysis
Relevance up to 10:00 2025-05-23 UTC--4
The Pound in a Trap: Why UK Inflation Is Scarier Than a US Recession
00:05 2025-05-22
News
Relevance up to 06:00 2025-05-26 UTC--4
The Yen Goes on a Buyer Strike
00:05 2025-05-22
Fundamental analysis
Relevance up to 12:00 UTC--4
The Bank of England to Slow Down the Pace of Policy Easing
00:05 2025-05-22
Fundamental analysis
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.