USDJPY – Ma Death Cross and Falling Daily Cloud Produce Headwinds to Recovery Attempts
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Action Forex
Wednesday, October 7, 2026 at 01:39 AM UTC

USDJPY – Ma Death Cross and Falling Daily Cloud Produce Headwinds to Recovery Attempts

Currency Pairs:💱 USD-JPY

USDJPY remains constructive and moved to the upper side of four-day congestion but continues to face headwinds from fading bullish momentum and freshly formed 55/200DMA death cross (strong resistance zone at 158.33/92 provided by falling 55DMA, 20 DMA and Fibo 76.4% of 160.39/152.93).

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USDJPY – Ma Death Cross and Falling Daily Cloud Produce Headwinds to Recovery Attempts