Chart the Market (30/07/2025)

USDJPY, H4: 

The USD/JPY pair has encountered stiff resistance near the 148.90 level, where a triple-top formation has emerged, indicating a potential bearish reversal. The pair has since retreated from its weekly high and is now pulling back toward its previous sideways range.

Should USD/JPY fail to hold support around this consolidation zone, a break below the 38.2% Fibonacci retracement level at 147.70 could trigger a deeper correction.

Momentum indicators support the bearish view. The RSI has failed to breach the overbought zone, signaling waning bullish momentum, while the MACD has formed a bearish crossover above the zero line—pointing to a potential shift in trend.

Resistance Levels:148.40, 148.95

Support Levels: 147.20, 146.55

TRXUSD (Tron),  H4

TRX surged to a new 2025 high at $0.3519, extending its higher-high price pattern and reaffirming its strong bullish trajectory. The breakout to fresh highs signals continued upside momentum for the cryptocurrency.

Technical indicators support the bullish outlook. The RSI has entered the overbought territory, reflecting strong buying pressure, while the MACD continues to edge higher—reinforcing the sustained upward momentum.

As long as TRX maintains its current trajectory, further gains may be on the table, though short-term pullbacks cannot be ruled out amid elevated technical readings.

Resistance Levels: 0.3900, 0.4515

Support Levels: 0.3280, 0.2935