The USDJPY gathers its gains – Analysis 01-08-2025

jy-l4USDJPY price settled with sharp gains in last intraday trading, slightly declining to catch its breath and gather gains

Overbought conditions on RSI beginning to show, but main bullish trend remains dominant on short-term basis

The (USDJPY) price settled with sharp gains in its last intraday trading, to decline slightly in a truce to catch its breath and gather the gains of its previous rises, at the same time offloading some of its clear overbought conditions on the (RSI), especially with the beginning of negative overlapping signals, amid the full dominance on the main bullish trend on the short-term basis and its trading alongside a supportive bias line for this trend.

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