Will the dollar, which has been weakening against the yen, fall further? Market participants will be closely watching price movements during U.S. trading hours.

Will the dollar, which has been weakening against the yen, fall further? Market participants will be closely watching price movements during U.S. trading hours.

05.12.2025

In yesterday’s U.S. currency trading, the U.S. dollar fell against the yen. The USD/JPY pair dropped from 155.542 to 154.513. On the hourly chart, the price moved from above the 20-period moving average (MA) to below it.On the 4-hour chart, the price has fallen to the support line drawn at the 200-period simple moving average (SMA). On the daily chart, the price has already broken below the 20-period moving average (MA) support line, and the downward momentum is gaining strength as the price moves from the +3σ to the -2σ levels of the Bollinger Bands.

Among European currencies, the euro fell against the yen.The EUR/JPY pair fell from 181.288 to 180.391. The price broke below the support line of the 200-period SMA on the hourly chart with a real body candle. On the 4-hour chart, a pullback from the +2σ Bollinger Band has occurred, and on the daily chart, divergence between the RSI and the candlesticks has emerged. Furthermore, as the price continues to test lower levels during today’s Asian session, traders should watch for further weakness in the euro during the European session.

Today’s economic indicators include the Japan Household Expenditure Survey at 8:30 a.m., the Japan Economic Sentiment Index at 2:00 p.m., German new manufacturing orders and UK Halifax house prices at 4:00 p.m., andIndustrial Production, France’s Manufacturing Production Index, and France’s Trade Balance; at 19:00, Eurozone Real GDP; at 22:30, Canada’s Employment Statistics; at 24:00, the U.S. University of Michigan Consumer Sentiment Index, U.S. Personal Income, and U.S. PCE Deflator; and at 29:00, U.S. Consumer Credit Outstanding.We will be closely monitoring price movements during U.S. trading hours to see if the U.S. dollar, which has been weakening against the yen, will extend its decline.

Past Market Reports

1. 17.04.2026New

   Will the market wait and see how much further the U.S. dollar can rise against the yen?

2. 16.04.2026New

   Will the weakening Swiss franc recover? Attention is turning to price movements during European trading hours.

3. 15.04.2026New

   Market participants are likely keeping a close eye on the upside potential of the euro, which has risen against the U.S. dollar

4. 14.04.2026New

   Should we keep an eye on remarks by key figures in the U.S. and try to gauge the direction of currency strength?

5. 13.04.2026New

   Market participants are likely watching for signs of a rebound in the Canadian dollar, which fell against the U.S. dollar following the release of employment figures

6. 10.04.2026

   Will the weakening Swiss franc continue to strengthen against the yen, or should we wait and see?

7. 09.04.2026

   Will the U.S. dollar, which has fallen against the yen, continue its downward slide, or should we wait and see how the market moves?

8. 08.04.2026

   Should we keep an eye on the upside for European currencies that have risen against the U.S. dollar?

9. 07.04.2026

   Market participants may be wary of further downside potential for the U.S. dollar, which has weakened amid concerns over the situation in Iran

10. 06.04.2026

    Investors should be wary of sudden spikes in volatility while major markets are closed