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USDJPY Technical Analysis – 23rd DEC, 2025
USDJPY - From the daily chart perspective, the 20 day moving average was positioned around 156.45
USD/JPY Technical Analysis – 23rd December 2025
On 23rd December 2025, USD/JPY touched a low of 155.64, marking a critical support level in the pair’s ongoing corrective phase. The price action on the day revealed hesitation among sellers, as the pair failed to extend losses beyond this point. The candlestick structure displayed a small body with a lower wick, reflecting rejection at the lows and suggesting that buyers were active near the 155.60 psychological zone.
From the daily chart perspective, the 20 day moving average was positioned around 156.45, just above the day’s low, reinforcing short term support pressure. The 50 day moving average was near 158.20 and sloping downward, confirming medium term weakness, while the 200 day moving average stood at approximately 154.20, still pointing upward, which highlighted that the long term bias remained bullish despite the short term correction. Momentum indicators provided a mixed picture, with the RSI hovering around 40, reflecting neutral to bearish momentum, while the MACD histogram remained negative with the signal line below zero, confirming that bearish undertones were still present in the market.
On the four hour chart, the pair consolidated after touching 155.64. The stochastic oscillator was positioned near 33, indicating oversold conditions and the possibility of a short term rebound. Momentum readings flattened, showing that sellers were not able to push the pair lower with conviction. Immediate resistance was seen at 156.20, with stronger resistance at 156.80, while support was clearly defined at 155.60–155.65, with the next level of support at 155.00. This intraday structure pointed to range bound trading conditions, with buyers defending the lower boundary.
The weekly chart provided a broader perspective, showing that USD/JPY has been in a corrective phase since the November 2025 highs near 162.40, characterized by lower highs and lower lows. Volatility, measured by the Average True Range, was moderate at around 1.30, suggesting that price swings were contained but directional bias remained weak. A Fibonacci retracement drawn from the July 2025 low of 150.20 to the November high of 162.40 revealed key levels, with the 38.2 percent retracement at 157.65, the 50 percent retracement at 156.30, and the 61.8 percent retracement at 155.00. The low of 155.64 coincided almost exactly with the 50 percent retracement, reinforcing the idea that the market was testing a critical support zone where buyers were likely to be active.
Taken together, these signals suggest that USD/JPY faced strong support at 155.60–155.65. In the short term, the rejection at this level pointed to potential upside risks, with 156.20 and 156.80 acting as immediate resistance zones. In the medium term, the moving averages and momentum indicators indicated bearish consolidation, with the pair likely to remain under pressure unless it broke decisively above 158.20. In the longer term, the broader uptrend remained intact as long as the pair traded above the 155.00–154.20 region, which coincides with the 200 day moving average and the 61.8 percent Fibonacci retracement.
From a trading perspective, a bullish scenario would only emerge if the pair broke above 156.80, opening the path toward 158.20 and potentially 160.00. A bearish scenario would be confirmed if the pair failed to hold above 155.60, which could lead to a decline toward 155.00 and possibly 153.50. A neutral scenario would involve range bound trading between 155.60 and 156.80, with traders focusing on short term opportunities within this narrow band.
#fxopen #forex #forexanalysis
Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.
For in-depth analysis, please check ...
USDJPY - From the daily chart perspective, the 20 day moving average was positioned around 156.45
USD/JPY Technical Analysis – 23rd December 2025
On 23rd December 2025, USD/JPY touched a low of 155.64, marking a critical support level in the pair’s ongoing corrective phase. The price action on the day revealed hesitation among sellers, as the pair failed to extend losses beyond this point. The candlestick structure displayed a small body with a lower wick, reflecting rejection at the lows and suggesting that buyers were active near the 155.60 psychological zone.
From the daily chart perspective, the 20 day moving average was positioned around 156.45, just above the day’s low, reinforcing short term support pressure. The 50 day moving average was near 158.20 and sloping downward, confirming medium term weakness, while the 200 day moving average stood at approximately 154.20, still pointing upward, which highlighted that the long term bias remained bullish despite the short term correction. Momentum indicators provided a mixed picture, with the RSI hovering around 40, reflecting neutral to bearish momentum, while the MACD histogram remained negative with the signal line below zero, confirming that bearish undertones were still present in the market.
On the four hour chart, the pair consolidated after touching 155.64. The stochastic oscillator was positioned near 33, indicating oversold conditions and the possibility of a short term rebound. Momentum readings flattened, showing that sellers were not able to push the pair lower with conviction. Immediate resistance was seen at 156.20, with stronger resistance at 156.80, while support was clearly defined at 155.60–155.65, with the next level of support at 155.00. This intraday structure pointed to range bound trading conditions, with buyers defending the lower boundary.
The weekly chart provided a broader perspective, showing that USD/JPY has been in a corrective phase since the November 2025 highs near 162.40, characterized by lower highs and lower lows. Volatility, measured by the Average True Range, was moderate at around 1.30, suggesting that price swings were contained but directional bias remained weak. A Fibonacci retracement drawn from the July 2025 low of 150.20 to the November high of 162.40 revealed key levels, with the 38.2 percent retracement at 157.65, the 50 percent retracement at 156.30, and the 61.8 percent retracement at 155.00. The low of 155.64 coincided almost exactly with the 50 percent retracement, reinforcing the idea that the market was testing a critical support zone where buyers were likely to be active.
Taken together, these signals suggest that USD/JPY faced strong support at 155.60–155.65. In the short term, the rejection at this level pointed to potential upside risks, with 156.20 and 156.80 acting as immediate resistance zones. In the medium term, the moving averages and momentum indicators indicated bearish consolidation, with the pair likely to remain under pressure unless it broke decisively above 158.20. In the longer term, the broader uptrend remained intact as long as the pair traded above the 155.00–154.20 region, which coincides with the 200 day moving average and the 61.8 percent Fibonacci retracement.
From a trading perspective, a bullish scenario would only emerge if the pair broke above 156.80, opening the path toward 158.20 and potentially 160.00. A bearish scenario would be confirmed if the pair failed to hold above 155.60, which could lead to a decline toward 155.00 and possibly 153.50. A neutral scenario would involve range bound trading between 155.60 and 156.80, with traders focusing on short term opportunities within this narrow band.
#fxopen #forex #forexanalysis
Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.
For in-depth analysis, please check ...
