The USDJPY is deepening its losses – Analysis 24-07-2025

jpyUSDJPY price settled low in last intraday trading, breaking support at 146.25

Negative pressure from trading below EMA50 and RSI signals

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The (USDJPY) price settled low in its last intraday trading, breaking the current support at 146.25, amid the dominance of a bearish correctional wave on the short-term basis, affected by breaking a bullish trend line, with the continuation of the negative pressure that comes from its trading below EMA50, besides the emergence of the negative signals on the (RSI), after it success in offloading its oversold conditions previously, which allowed it to record more losses.

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