{"id":111468,"date":"2025-02-06T01:31:00","date_gmt":"2025-02-05T21:31:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=111468"},"modified":"2025-02-06T03:02:12","modified_gmt":"2025-02-05T23:02:12","slug":"usd-jpy-freefall-1-13-drop-signals-deeper-downtrend","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/usd-jpy-freefall-1-13-drop-signals-deeper-downtrend\/02\/06\/market-updates\/","title":{"rendered":"USD\/JPY Freefall: 1.13% Drop Signals Deeper Downtrend"},"content":{"rendered":"The USD\/JPY currency pair experienced a significant drop, falling 1.13% to 152.59.  This sharp decline occurred as the pair decisively broke through both the 200-day Simple Moving Average (SMA) and the Ichimoku Cloud (Kumo), signaling a strengthening downtrend and potential appreciation of the Japanese Yen.<br \/><br \/>The 175-pip drop on Wednesday confirms the bearish momentum.  While the pair currently trades at 152.59, a potential recovery could occur if buyers manage to push the price above the 153.00 level.  This could lead to a test of the Kumo&#8217;s lower edge around 153.35\/40, which might present an attractive selling opportunity.  A break above this resistance could then target 154.00, followed by the February 5th high at 154.46.<br \/><br \/>However, if the downtrend continues, the USD\/JPY could target longer-term support levels, such as the December lows of 149.36 and 148.65.  The break below the Kumo and the 200-day SMA has solidified the bearish outlook, suggesting further downside potential for the pair.","protected":false},"excerpt":{"rendered":"<p>The USD\/JPY currency pair experienced a significant drop, falling 1.13% to 152.59. This sharp decline occurred as the pair decisively broke through both the 200-day Simple Moving Average (SMA) and the Ichimoku Cloud (Kumo), signaling a strengthening downtrend and potential appreciation of the Japanese Yen.The 175-pip drop on Wednesday confirms the bearish momentum. While the &hellip;<\/p>\n","protected":false},"author":13,"featured_media":110842,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[],"class_list":["post-111468","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/111468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=111468"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/111468\/revisions"}],"predecessor-version":[{"id":111471,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/111468\/revisions\/111471"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/110842"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=111468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=111468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=111468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}