2025.05.07
2025.05.07
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Yesterday the USDJPY showed strong risk aversion sentiment due to uncertainty about Trump tariffs and U.S. policy. After reaching a high of 144.27 yen around GMT 01:30, it moved downward.
Shortly after GMT 14:30, the price touched a low of 142.35 yen and temporarily rebounded before falling again. Trading for the day closed at 142.37 yen.
Today the USDJPY rose following reports that U.S.-China trade negotiations are expected to begin this weekend. Shortly after GMT 04:30, it reached a high of 143.32 yen, but the rise has since paused.
Looking at the 1-hour chart of the USDJPY (as of GMT 05:00 on May 7), buybacks after the decline have slowed, and 143.35 yen appears to be recognized as resistance. If the price gets pushed back from here, it's likely to enter a phase of sell orders on the rise.
(20-period Bollinger Band, showing ±1 and ±2 standard deviations)
The main economic indicators for today are as follows:
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