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Live Updates  >  Live Update Details

2025-08-01 16:22:04

[Analyst: USD/JPY breaks through 200-day moving average, eyeing resistance at 151.30] ⑴ USD/JPY closed above its 200-day moving average for the first time since early February, with historical data suggesting a bullish trend over the next one to three months. ⑵ Key resistance lies at 151.30 (a double top seen in March), with short-term trends driven by US non-farm payroll data. ⑶ Declining risk appetite weighed on crosses, leading USD/JPY to retreat slightly from its highs. ⑷ Support is being provided by the 200-day moving averages of 149.59 and 149.19, suggesting a less than 50% probability of a September rate cut by the Federal Reserve.

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