NEWS: USDJPY price is falling -0.5% after Fed Chairman Powell makes no comment on the economy or monetary policy in the Integrated Review of the Capital Framework for Large Banks Conference.
Possible Scenarios:
If USDJPY fails to breach through S2 of 146.57, our Research Department expects the USDJPY to undergo a short- term upward correction.
If USDJPY manages to break below its S2 of 146.57, our Research Department expects the USDJPY to extend its losses to its S3 of 146.14
Support and Resistance Levels:
USDJPY |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
146.14 |
146.57 |
146.99 |
147.55 |
148.11 |
148.53 |
148.96 |
Potential Profit or Potential Loss Calculations:
10 pips per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
(+/-) $68.12 |
(+/-) €58.26 |
(+/-) £50.52 |
*1 trading lot is equivalent of 100.000 units
**EUR/USD = 1.16926
***GBP/USD = 1.34836
Calculations for exchange rate used as of Tuesday, July 22, 2025, 14:00 GMT+1