Forex Analysis & Reviews: 24.04.2025 - USD/JPY. Analysis and...

Live Chat

InstaForex - Official partner of Dragon Racing

This section features the most important information about trading with InstaForex. We provide both analysis from leading experts for experienced traders and articles on trading conditions for beginners. Our services will help increase your profit potential.

Become Trader

Account Opening

See also

Trading Conditions

Forex Analytics

Charts

This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.

Start as Beginner

How to start trading

Useful information

Training and recordings

InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.

Become Investor

PAMM System

ForexCopy System

Passive investments

OYS account

Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.

Become Partner

Main Page

Partner Area

Advantages for Affiliates

Registration

This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.

All Promo Campaigns

Bonuses

Contests

Events

Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.

Full details

Forums

We are in social networks

Forex humour

Forex Portal

InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.

Learn More

History

Why Choose Us

InstaSport

Regulation

Company News

Awards

InstaForex Stars

InstaForex Offline

Headquarters

Key documents

Social Responsibility

InstaForex Loprais Team - Official participant of the Dakar rally

24.04.2025 11:35 AM

USD/JPY. Analysis and Forecast

The Japanese yen maintains a bullish tone despite certain headwinds and remains in focus as renewed global risk aversion fuels demand for safe-haven assets.

Diminishing hopes for a swift resolution to the U.S.–China trade conflict, along with speculation that Japan may reach a deal with the U.S. and growing expectations that the Bank of Japan (BoJ) may raise interest rates, are all supporting demand for the yen. Additionally, the widening policy divergence between the Federal Reserve and the BoJ adds further pressure on the dollar, favoring the strength of the Japanese currency.

Recent comments by Japan's Finance Minister Katsunobu Kato have highlighted the country's growing concerns over U.S. tariff policy and its impact on financial markets. The uncertainty created by these tariffs could indeed pressure Japan's economy, a concern echoed by BoJ Governor Kazuo Ueda, who signaled that monetary policy measures might be necessary.

The visit of Economic Revitalization Minister Ryosei Akazawa to the U.S. for tariff negotiations may prove to be a key step toward mitigating negative effects on Japan's economy. Still, investors remain optimistic about the likelihood of a BoJ rate hike in 2025, reflecting confidence in a sustained rise in inflation above the 2% target.

Meanwhile, expectations of rate cuts from the Federal Reserve are driving a significant divergence in monetary policy between the U.S. and Japan. Traders are already pricing in a renewed Fed easing cycle, expected to begin in June, with at least three rate cuts forecast by the end of the year.

Technical Outlook:

The overnight close above the 143.00 level serves as an important bullish signal for USD/JPY. Hourly chart oscillators remain in positive territory, potentially sustaining buying interest around the 142.45–142.40 zone.
A drop below the psychological 142.00 level could expose the pair to further downside toward the 141.10–141.00 area, with additional support seen around the 100- and 200-hour SMAs, and an intermediate floor at 140.50. A break below the key 140.00 mark would pave the way for deeper losses.

On the other hand, a renewed push above 143.00 may encounter resistance near 143.55 or yesterday's high. A sustained breakout above 144.00 would likely trigger a stronger rebound in USD/JPY.