Categories: Technical analysis

USDJPY Wave Analysis – 21 April 2025

USDJPY: ⬇️ Sell

– USDJPY broke support area

– Likely to fall to support level 139.55

The USDJPY currency pair recently broke the support area at the intersection of the support trendline of the daily down channel from January and the support level 142.00 (which started the daily uptrend in September).

The breakout of this support area should accelerate the active impulse wave 3, which belongs to the intermediate impulse wave (3) from March.

Given the strongly bearish US dollar sentiment, USDJPY currency pair can be expected to fall to the next support level 139.55 (the former multi-month support level from September).

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

Share
Published by
The FxPro Tech Analysis Team
Tags: USDJPY

Recent Posts

Forex has set its priorities

In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…

3 hours ago

Bear market rebound in crypto is likely to continue

Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…

4 hours ago

Coca-Cola Wave Analysis – 4 December 2025

Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…

17 hours ago

DraftKings Wave Analysis – 4 December 2025

DraftKings: ⬆️ Buy - DraftKings reversed from support zone - Likely to rise to resistance level…

17 hours ago

NVDA Wave Analysis – 4 December 2025

NVDA: ⬆️ Buy - NVDA reversed from support zone - Likely to rise to resistance level…

19 hours ago

Basic Attention Token Wave Analysis – 4 December 2025

Basic Attention Token: ⬇️ Sell - Basic Attention Token reversed from resistance level 0.2800 - Likely…

19 hours ago

This website uses cookies