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    USDJPY Technical Analysis Report 4 February, 2026

    USDJPY currency pair can be expected to rise further toward the next round resistance level 158.00 (former monthly high from November and December).  
    • USDJPY reversed from support area
    • Likely to rise to resistance level 158.00
    USDJPY currency pair recently reversed from the support area located between the key support level 152.00 (which reversed the price at the end of October, as can be seen from the daily USDJPY chart below), 20lower daily Bollinger Band, support trendline of the daily up channel from April of 2025 and the 50% Fibonacci correction of the upward price impulse from September. The upward reversal from this support area created started the active short-term impulse wave (v) – which belongs to the short-term impulse wave 3 from September. Given the clear daily uptrend and the continuation of the strong yen sales, USDJPY currency pair can be expected to rise further toward the next round resistance level 158.00 (former monthly high from November and December). The subject matter and the content of this article are solely the views of the author. FinanceFeeds does not bear any legal responsibility for the content of this article and they do not reflect the viewpoint of FinanceFeeds or its editorial staff. The information does not constitute advice or a recommendation on any course of action and does not take into account your personal circumstances, financial situation, or individual needs. We strongly recommend you seek independent professional advice or conduct your own independent research before acting upon any information contained in this article.