Metals
USDJPY Technical Analysis
USDJPY remains range-bound but with a slight downside correction after peaking around 153.26.
Moving averages MA(5) and MA(10) are flattening, while MA(30) acts as dynamic support around 149.80.
Momentum has shifted to the downside as the MACD line crosses below the signal line, which is a bearish correction signal.
A sustained break below 150.00 could extend the pullback toward 148.80. However, as long as the price holds above the 30-MA, the broader uptrend remains intact.
USDJPY 1H Chart
| Resistance | 151.21 | 151.74 | 152.00 |
| Support | 150.36 | 149.92 | 149.38 |
Brent Technical Analysis
Oil prices continue their downward trend after failing to hold above $63.30. Price action also shows lower highs and lower lows, indicating the downtrend is still intact.
Short-term and mid-term moving averages (5, 10, 30) are sloping downward, with the price below all of them, reflecting a bearish alignment.
The MACD shows that the recent bullish correction wave is likely ending, and the downtrend is continuing.
If Brent fails to reclaim $61.80, further declines toward $60 or even $59.50 are possible. A recovery above $62.50 could flip short-term sentiment back to neutral.
Brent 1H Chart
| Resistance | $61.05 | $61.40 | $62.00 |
| Support | $60.40 | $60.00 | $59.47 |
Bitcoin Technical Analysis
The hourly chart of Bitcoin shows a relatively strong bullish momentum. Price has broken above the short-term and mid-term moving averages (MA 5, 10, 30), showing acceleration after a minor consolidation phase.
Additionally, the moving average MA(5) has crossed above MA(10) and MA(30), signaling a bullish crossover, indicating continuation of the upward move.
MACD is expanding in positive territory, with the MACD line above the signal line, confirming momentum strength.
If Bitcoin remains above $110,500, a move toward $113,000–115,000 is likely. However, a break below $109,000 could trigger short-term profit-taking, and possibly deeper correction toward $107,400 levels.
Bitcoin 1H Chart
| Resistance | $112,056 | $113,689 | $116,015 |
| Support | $109,990 | $108,656 | $107,472 |
