USD/JPY

Around 13.5% of daily trades. Known as “Gopher,” this pair is popular for its stability and low spreads, influenced by U.S. and Japanese monetary policies.

USD/JPY

October 17, 2025: Forex Market Outlook – Key Levels to Watch as Major Pairs Show Bearish Momentum

Original analysis by Hector Rogers at FXDailyReport.com highlights cautious sentiment in major forex pairs for October 17, 2025. EUR/USD tests support near 1.0600 amid bearish momentum; GBP/USD consolidates between 1.2200–1.2350 waiting for breakout cues; AUD/USD remains bearish under 0.6400 resistance, pressured by commodity and China concerns. Stay tuned for key levels to guide short to medium-term trades. Read more: fxdailyreport.com

USD/JPY

USD/JPY Slumps Further: Deep Dive into the Bearish Wave and Future Outlook

USD/JPY extends its bearish slide, breaking key support at 151.20 and confirming a double top pattern. Indicators like EMA, RSI, and MACD signal further downside potential toward 149.50 and 148.40. Weak USD fundamentals and safe-haven demand for JPY intensify selling pressure. Traders watch for possible rebounds or continued decline. #Forex #USDJPY #TechnicalAnalysis

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