Positive Momentum Observed in USD/JPY – Analysis – October 7, 2025

jpy

“USD/JPY closed the latest intraday session with gains, following a brief correction that helped ease previous overbought conditions reflected in the relative strength indicators. This reset has led to a fresh bullish crossover in momentum indicators, suggesting potential for continued upward movement in the near term.

The pair’s performance is supported by a strong short-term bullish trend, with price action holding steady above the 149.95 support level. This reinforces the prevailing uptrend, further bolstered by continued support from trading above the 50-day Exponential Moving Average (EMA50).”

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