USD/JPY Forecast: Drops Against Yen – 29 October 2025
USD/JPY fell sharply from the ¥153 resistance zone, hinting at a potential double top, with ¥150 emerging as a key support level ahead of major central bank decisions.

USD/JPY fell sharply from the ¥153 resistance zone, hinting at a potential double top, with ¥150 emerging as a key support level ahead of major central bank decisions.
Superb returns on assets and equity, along with double-digit earnings-per-share growth, are bullish catalysts. Should you buy Mastercard ahead of its earnings data release?
Natural gas prices dipped toward key support near the 200-day EMA as the market transitions to the December contract, with colder weather and seasonal demand likely to fuel further upside.
USD/SGD is drifting lower near 1.29470 as traders await the Fed’s FOMC statement, with a dovish tone potentially triggering further downside in the pair.
Notably stronger than expected Australian inflation data has pushed the Aussie firmly higher.
After posting small gains for five consecutive days, EUR/USD loses its traction in the European morning on Wednesday and trades below 1.1650. The pair’s near-term technical outlook highlights a loss of bullish momentum as investors await the Federal Reserve’s (Fed) monetary policy announcements.