As of April 21, 2025, the USD/JPY 1-hour chart shows continued downward pressure around 142.30. We’ll use indicators such as ADX, MACD, and moving averages to forecast the next market movement and provide short-term trading strategies.
Currently, USD/JPY is adjusting near the 142.30 level. The price has been moving within this range, with no clear signs of strong upward pressure. Moving averages (50MA, 200MA) are acting as support lines, and it is expected that, after this adjustment, there may be a potential rise towards the 143.00–143.50 range.
If the price falls below this support line, a further move down is likely, with the next support at 141.50.
※ Image source: cTrader platform
ADX is currently below 40, indicating that the trend is weak. When ADX falls below 40, it suggests the market is moving within a range without a strong trend. As long as this condition persists, the market may continue without a clear direction until a breakout occurs.
If ADX rises above 50, breakout or rapid price movements are likely, so it’s important to watch this closely.
Currently, the MACD line and the signal line are close together, and there is no significant movement in the histogram. This indicates that the market direction is unclear, and short-term large price movements are unlikely.
If the MACD crosses above the zero line, a clearer upward or downward momentum may emerge, so monitoring the changes in the MACD line and histogram is important.
Currently, USD/JPY is in an adjustment phase, and it’s crucial to monitor the following points as we develop a strategy:
ADX’s Movement: If ADX remains below 40, it’s recommended to wait for signs of a breakout and proceed cautiously. Conversely, if ADX rises, a strong trend may develop, making a trend-following strategy effective.
MACD’s Movement: If the MACD line crosses above the signal line, there’s a higher chance of price rising, and a trend-following strategy will be effective. If it crosses below, a downward trend may accelerate.
Support and Resistance: Support is confirmed near 142.30, and as long as the price doesn’t fall below this level, there are expectations for a continued rise. A breakout above 142.50 would target the next level at 143.00.
Bullish Scenario (Targeting Reversal)
Entry: Around 142.30
Target: Above 143.00
Stop Loss: Below 142.00
Bearish Scenario (Targeting Downward Movement)
Entry: Below 142.00
Target: 141.50
Stop Loss: Above 142.30
Currently, the technical indicators are showing a neutral movement, but a breakout above 142.50 may restart the upward trend. It is important to closely monitor MACD and ADX for any breakout signals and execute trades accordingly.
For the latest updates, check the FIXIO blog.
This article is intended for informational purposes only and does not constitute financial or investment advice. The analyses and strategies mentioned are based on past data and current market conditions, and may be subject to change in the future. When making investment decisions, always conduct your own research and consult a professional if necessary.
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