The post Pair stalls below 156.00 as momentum fades appeared on BitcoinEthereumNews.com.

The Japanese Yen (JPY) trades on the front foot against the US Dollar (USD) on Monday, supported by firm expectations that the Bank of Japan (BoJ) will raise interest rates at its December 19 monetary policy meeting. However, the Yen’s upside lacks strong follow-through, as the Greenback finds some support ahead of a heavy US economic data lineup due on Tuesday. At the time of writing, USD/JPY trades near 155.37, down 0.33%, after rebounding modestly from an intraday low of 154.84. In the United States (US), key releases include the delayed October and November Nonfarm Payrolls (NFP) reports, Retail Sales, ADP Employment Change four-week average, and the preliminary S&P Global Purchasing Managers Index (PMI) surveys. In Japan, attention will be on the preliminary Jibun Bank Manufacturing and Services PMI surveys. From a technical perspective, USD/JPY remains in a consolidation phase after facing rejection near the 158.00 level on November 20. The pair is currently hovering just below the 21-day Simple Moving Average (SMA) near 156.00, which is acting as immediate resistance and capping upside attempts. A sustained move above this level would be needed to revive bullish momentum and expose the 157.00-158.00 zone. On the downside, initial support is seen in the 154.20-154.00 area, reinforced by the 50-day Simple Moving Average (SMA). A decisive break below this support zone could shift the near-term bias to the downside and open the door toward the 153.00 psychological level, followed by the 100-day SMA near 151.00. Momentum indicators reflect a loss of bullish traction. The Relative Strength Index (RSI) has eased back toward the 50 level, while the Moving Average Convergence Divergence (MACD) remains below the Signal line and under zero, with a widening negative histogram that suggests fading upside momentum. Japanese Yen FAQs The Japanese Yen (JPY) is one of the world’s…

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Filed under: News - @ December 15, 2025 7:26 pm