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The USDJPY surrenders to the negative pressures-Analysis-03-12-2025 (economies.com)
2025-12-03 @ 14:39
The (USDJPY) declined in its last intraday trading, after testing the top pf bearish corrective channel that limits its previous trading on the short-term basis, which put it under negative pressure especially with the beginning of forming negative divergence on the relative strength indicators, after reaching overbought levels, exaggeratedly compared to the price move, with the emergence of negative signals from there, this comes amid the continuation of the negative pressure that comes from its trading below EMA50, reducing the chances of the price recovery on the near-term basis.
Source: economies.com