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12 Feb 2026, 05:05

The U.S. House voted 219–211, with six Republicans joining Democrats, to rescind Trump’s tariffs.

The U.S. House of Representatives voted 219–211 to rescind President Donald Trump’s tariffs on Canadian goods, with six Republicans joining Democrats in a rare bipartisan rebuke. The vote demonstrates the growing opposition to Trump’s trade policies among his own party, despite the measure’s slim chances in the Senate and probable veto. Donald Trump has imposed several tariffs on Canada since his re-election. Last month, Trump threatened to impose a 100% import tax in reaction to Canada’s proposed trade agreement with China. “If Canada makes a deal with China, it will immediately be hit with a 100% Tariff against all Canadian goods and products coming into the U.S.A.,” Trump said on Truth Social. Democrats challenge Trump as midterms approach Democrats urged their Republican counterparts to oppose Trump, who has taken over the party, before the vote. “Today’s vote is simple, very simple: Will you vote to lower the cost of living for the American family or will you keep prices high out of loyalty to one person, Donald J Trump?” said Democratic Representative Gregory Meeks of New York, who authored the resolution. The vote was cast as the U.S. begins its crucial midterm election season. The general election takes place in November after the primaries start in March. Every member of the House of Representatives will be represented in their constituency on the ballot. Trump vowed to ruin any Republican’s chances of winning the election if they supported the plan on Wednesday. Trump wrote on Truth Social during the House floor vote, “Any Republican, in the House or the Senate, that votes against tariffs will seriously suffer the consequences come Election time.” Trump added that no Republican should be held accountable for undermining the economic and national security benefits that tariffs have provided. The U.S. President also accused Canada, one of the United States’ closest allies and largest trading partners, of mistreating its neighbor to the south. Trump further stated on Truth Social that Canada has historically exploited the U.S. in trade and is one of the hardest nations to work with, especially on issues at the northern border. He pushed Republicans to keep tariffs in place, arguing that they are an easy win for the U.S. House votes, legal challenges mount against Trump’s tariffs The vote followed an unsuccessful attempt by U.S. House Speaker Mike Johnson, a Trump friend in Congress, to prevent members from discussing Trump’s tariffs on the chamber floor. With Republicans holding a thin majority in the U.S. House, six Republican representatives, including Brian Fitzpatrick of Pennsylvania, Don Bacon of Nebraska, and Thomas Massie of Kentucky, joined a nearly united Democratic front, contributing enough votes to ensure approval. Gregory Meeks, a Democrat, introduced the bill, claiming that Trump had “weaponized tariffs” against allies and caused global economic instability. Meeks said before the vote that these tariffs have not only severely damaged the U.S. relationship with Canada by bringing Canada closer to China, but also increased domestic prices. Representative Don Bacon of Nebraska, one of the six Republicans, voted with Democrats to approve the legislation. Before the vote, he stated that “tariffs have been a ‘net negative’ for the economy and are a significant tax that American consumers, manufacturers, and farmers are paying.” Trump’s tariffs are also facing legal scrutiny, as the U.S. Supreme Court is set to rule in a lawsuit challenging the president’s authority to impose the taxes. The White House’s defense of the import duties, which the president claimed are required to repair America’s manufacturing base and correct its trade imbalance, was questioned by the majority of the justices, including several conservatives. A group of states and many small businesses are contesting the measures, arguing that the president has overreached himself in enforcing the levies, which are effectively taxes. America’s highest court typically takes months to issue significant rulings, with a conservative majority of 6-3, but many anticipate it will act more quickly in this case. This is also viewed as the first significant test of the Trump administration’s efforts to increase presidential power. Sharpen your strategy with mentorship + daily ideas - 30 days free access to our trading program

12 Feb 2026, 05:05

Indian Rupee Strengthens as Asian Currencies Steady: A Remarkable Regional Resurgence

BitcoinWorld Indian Rupee Strengthens as Asian Currencies Steady: A Remarkable Regional Resurgence MUMBAI, India – March 2025: The Indian Rupee demonstrates notable strength against the US Dollar this week, mirroring a broader stabilization trend across Asian currency markets. Consequently, this development signals renewed confidence in regional economies. Moreover, market analysts observe coordinated movements among emerging market currencies. Specifically, the rupee’s performance reflects both domestic economic resilience and favorable external conditions. Indian Rupee Strengthens Amid Regional Currency Stability The Indian currency recently appreciated to 82.45 against the US Dollar, marking its strongest position in three months. Simultaneously, other Asian currencies show similar steadying patterns. For instance, the Indonesian Rupiah gained 0.8%, while the Philippine Peso remained stable. Furthermore, the Thai Baht and Malaysian Ringgit recorded modest gains. This collective movement suggests synchronized regional dynamics rather than isolated national events. Several factors contribute to this currency stabilization. First, reduced volatility in global oil prices eases pressure on import-dependent economies. Second, coordinated central bank interventions across Asia provide market support. Third, improving trade balances enhance currency fundamentals. Additionally, foreign institutional investors increased allocations to Indian debt instruments by $1.2 billion this month. Asian Currency Performance Against USD (March 2025) Currency Current Rate Weekly Change Monthly Trend Indian Rupee (INR) 82.45 +0.9% Appreciating Indonesian Rupiah (IDR) 15,420 +0.8% Stable Philippine Peso (PHP) 56.20 +0.2% Sideways Thai Baht (THB) 35.80 +0.5% Appreciating Malaysian Ringgit (MYR) 4.65 +0.3% Recovering Global Economic Context Driving Currency Movements International developments significantly influence Asian currency markets. The Federal Reserve’s recent dovish stance reduces dollar strength globally. Meanwhile, China’s economic recovery boosts regional trade volumes. European Central Bank policies also affect capital flows toward emerging markets. Consequently, these interconnected factors create favorable conditions for Asian currencies. Historical data reveals interesting patterns. Asian currencies typically move together during periods of global stability. However, they diverge during regional crises. The current synchronization suggests market perception of reduced systemic risk. Furthermore, improved current account balances across Asia provide fundamental support. Regional foreign exchange reserves now exceed $5 trillion collectively. Reduced dollar strength: Fed policy shifts decrease USD demand Trade recovery: Regional exports grow by 8.5% year-on-year Capital inflows: Foreign investment returns to emerging markets Commodity stability: Oil and metal prices show less volatility Expert Analysis: Central Bank Strategies and Market Impact Dr. Anjali Mehta, Chief Economist at Mumbai Financial Institute, explains the mechanisms. “The Reserve Bank of India employs sophisticated intervention strategies,” she notes. “These include both direct dollar sales and derivative market operations.” Additionally, regional central banks coordinate through swap arrangements. This cooperation enhances market stability during volatile periods. Market participants observe changing investment patterns. Foreign portfolio investors increased Indian government bond holdings significantly. Meanwhile, corporate forex hedging activity decreased by 15%. This suggests improving confidence in currency stability. Exporters now delay dollar conversions expecting further rupee appreciation. Importers, conversely, accelerate payments to lock in favorable rates. Domestic Economic Fundamentals Supporting the Rupee India’s economic indicators show consistent improvement. GDP growth remains robust at 6.8% for the last quarter. Inflation stays within the Reserve Bank’s target range. Furthermore, foreign direct investment reached $45 billion this fiscal year. Services exports continue expanding despite global headwinds. These factors collectively strengthen the rupee’s fundamental position. The current account deficit narrowed to 1.2% of GDP. This reduction stems from several developments. First, software service exports grew by 12%. Second, remittance inflows increased to $110 billion annually. Third, merchandise import growth slowed due to domestic production increases. Fourth, tourism receipts recovered to pre-pandemic levels. Consequently, external sector vulnerabilities diminished substantially. Sectoral Impacts and Business Implications Currency movements create varied effects across economic sectors. Information technology companies benefit from rupee strength through reduced operational costs. However, merchandise exporters face margin pressures. Manufacturers importing raw materials gain from cheaper inputs. The tourism sector experiences mixed effects from currency appreciation. Corporate treasury managers adjust strategies accordingly. Many companies increase natural hedging through local sourcing. Others utilize financial derivatives more actively. Multinational corporations reconsider dividend repatriation timing. Small businesses, meanwhile, face challenges adapting to currency volatility. Government policies aim to support export-oriented sectors during transition periods. Regional Comparisons: How Asian Currencies Interact Asian currencies demonstrate both correlation and competition. The Chinese Yuan remains the regional anchor currency. Other currencies often follow its general direction. However, individual economies maintain independent monetary policies. Competitive devaluations rarely occur currently. Instead, most countries prioritize exchange rate stability over export advantages. Regional financial integration deepens through several channels. Cross-border investment flows increase substantially. Trade settlement in local currencies expands beyond bilateral arrangements. Central bank communication becomes more transparent and coordinated. These developments reduce contagion risks during market stress. They also enhance collective resilience against external shocks. Future Outlook and Potential Risks Most analysts expect continued currency stability in the near term. However, several risk factors warrant monitoring. Geopolitical tensions could disrupt regional trade flows. Unexpected Federal Reserve policy shifts might reverse capital flows. Domestic political developments in major economies could affect investor sentiment. Commodity price spikes remain a persistent concern. Central banks prepare contingency plans for various scenarios. The Reserve Bank of India maintains substantial foreign exchange reserves exceeding $600 billion. Regional swap arrangements provide additional liquidity buffers. Macroprudential measures help manage speculative capital movements. Regulatory frameworks continue evolving to address new market realities. Conclusion The Indian Rupee strengthens as Asian currencies steady, reflecting broader regional economic stabilization. Multiple factors drive this development, including improved fundamentals and favorable global conditions. Consequently, businesses and investors must understand these interconnected dynamics. Furthermore, continued monitoring of both domestic indicators and international developments remains essential. The rupee’s performance ultimately signals confidence in India’s economic trajectory and regional financial integration. FAQs Q1: Why is the Indian Rupee strengthening currently? The rupee gains strength due to multiple factors: reduced dollar strength globally, improved domestic economic indicators, increased foreign investment inflows, and coordinated central bank policies across Asia. Q2: How do other Asian currencies affect the rupee? Asian currencies often move together during stable periods due to regional economic integration, similar external exposures, and coordinated policy responses among central banks. Q3: What sectors benefit from rupee appreciation? Import-dependent sectors like manufacturing and energy benefit from cheaper inputs. Information technology companies gain through reduced operational costs. Consumers enjoy lower prices for imported goods. Q4: What risks could reverse this trend? Potential risks include unexpected Federal Reserve policy changes, geopolitical tensions disrupting trade, commodity price spikes, domestic political instability, or sudden capital flow reversals. Q5: How long might this currency stability last? Most analysts expect stability through the current quarter, but duration depends on maintaining current economic conditions, global monetary policy continuity, and absence of major external shocks. This post Indian Rupee Strengthens as Asian Currencies Steady: A Remarkable Regional Resurgence first appeared on BitcoinWorld .

12 Feb 2026, 05:00

What to Expect for Bitcoin and Crypto Ahead of This Week's Inflation Data

Investors are focused on January’s CPI release after stronger-than-expected jobs data forced a repricing of rate expectations.

12 Feb 2026, 04:48

UK Treasury to pilot digital government bonds on HSBC’s Orion blockchain platform - report

More on HSBC Holdings HSBC: Privatization Edge Unlocks Structural Wealth Velocity HSBC market cap tops $300B, a first for European banks U.K.'s Starmer heads to China as countries seek trade alternatives Seeking Alpha’s Quant Rating on HSBC Holdings Historical earnings data for HSBC Holdings

12 Feb 2026, 03:45

EUR/USD Analysis: Divergent Fed-ECB Expectations Offer Crucial Support Below 1.1900

BitcoinWorld EUR/USD Analysis: Divergent Fed-ECB Expectations Offer Crucial Support Below 1.1900 The EUR/USD currency pair, a critical benchmark for global financial markets, continues to trade in a consolidated range below the psychologically significant 1.1900 level. This stability, observed in early 2025 trading sessions, masks a deeper fundamental struggle. The primary driver providing a floor for the euro against the dollar is the growing divergence in monetary policy expectations between the Federal Reserve and the European Central Bank. Consequently, traders are carefully weighing the trajectory of interest rates on both sides of the Atlantic, leading to a period of cautious equilibrium. EUR/USD Technical Landscape and Immediate Catalysts Recent price action shows the EUR/USD pair exhibiting limited directional momentum. Market participants have encountered strong resistance near the 1.1900 handle, a level that has acted as a pivot point throughout the first quarter of 2025. Several technical factors contribute to this consolidation. Firstly, moving averages have converged, indicating a lack of strong trend. Secondly, trading volumes have moderated from earlier peaks, suggesting a period of reassessment. The immediate catalyst for any breakout will likely stem from macroeconomic data releases, particularly inflation prints and employment figures from the United States and the Eurozone. Key technical levels to monitor include: Immediate Resistance: 1.1900 – 1.1920 zone Primary Support: 1.1800 – 1.1820 area 200-Day Moving Average: Currently acting as dynamic support near 1.1850 This technical setup reflects the market’s indecision. Traders are awaiting clearer signals from central bank communications before committing to a sustained directional move. The Core Fundamental Driver: Monetary Policy Divergence The underlying support for the euro stems directly from shifting expectations for the Federal Reserve and the European Central Bank. In late 2024, the narrative began to change. The Federal Reserve, having aggressively tightened policy to combat inflation, signaled a potential pause or even a pivot toward rate cuts as price pressures showed signs of moderating. Conversely, the European Central Bank maintained a more cautious stance, with policymakers emphasizing the persistence of core inflation and the need for restrictive policy to remain in place for longer. Expert Analysis on Central Bank Trajectories This divergence creates a complex dynamic for the EUR/USD pair. Historically, narrowing interest rate differentials between the US and the Eurozone tend to weaken the US dollar, all else being equal. Market pricing, as derived from futures contracts, now implies a different path for each central bank. The Fed is widely expected to begin an easing cycle in mid-2025, while the ECB is projected to hold rates steady for a more extended period, with cuts potentially delayed until late 2025 or early 2026. This expectation gap provides a fundamental cushion for the euro, preventing a more severe decline despite other headwinds like relative economic growth differentials. The following table summarizes the key policy expectations as priced in by financial markets for Q1 2025: Central Bank Current Policy Rate Market Expectation (Next 6 Months) Primary Concern Federal Reserve (Fed) 4.50% – 4.75% 25-50 bps of rate cuts Balancing inflation control with economic growth European Central Bank (ECB) 3.75% Hold steady, possible late 2025 cut Persistent core inflation and wage growth Broader Market Context and Risk Sentiment Beyond direct central bank policy, the EUR/USD pair remains sensitive to global risk sentiment. The US dollar often functions as a safe-haven currency during periods of market stress or geopolitical uncertainty. However, in the current environment, a measured improvement in global economic forecasts has tempered demand for the dollar’s safe-haven properties. Furthermore, energy market stability, particularly in European natural gas prices, has removed a significant headwind that plagued the euro throughout 2022 and 2023. This stability reduces a key import cost for the Eurozone, improving its terms of trade and providing another layer of support for the currency. Institutional flow data also reveals nuanced positioning. Hedge funds and asset managers have reduced extreme short positions on the euro accumulated during the previous hiking cycle. This repositioning reduces selling pressure and creates a more balanced market. Meanwhile, corporate hedging activity ahead of expected currency volatility later in the year has increased, adding liquidity but also creating pockets of resistance and support at key technical levels. Conclusion The EUR/USD pair’s consolidation below 1.1900 represents a market in equilibrium, balancing competing fundamental forces. While technical resistance is evident, the pair finds crucial underlying support from the divergent monetary policy expectations between the Federal Reserve and the European Central Bank. The market’s current pricing, which anticipates earlier Fed easing relative to ECB action, acts as a buffer for the euro. Moving forward, the trajectory of the EUR/USD will hinge on incoming inflation and growth data, which will either confirm or challenge these policy divergence expectations. Traders should monitor central bank communication closely, as any shift in rhetoric from either the Fed or the ECB will likely catalyze the next significant move in this pivotal currency pair. FAQs Q1: What does “divergent Fed-ECB expectations” mean for EUR/USD? It refers to the market anticipating different future interest rate paths. If the Fed is expected to cut rates before or more aggressively than the ECB, it typically weakens the US dollar relative to the euro, providing support for the EUR/USD exchange rate. Q2: Why is the 1.1900 level psychologically important? Major round numbers like 1.1900 often act as mental barriers for traders. They concentrate liquidity, serve as targets for profit-taking, and can trigger automated trading orders, making them key levels for technical analysis and market sentiment. Q3: What economic data most impacts EUR/USD direction? Inflation reports (CPI/HICP), employment data (Non-Farm Payrolls, EU Unemployment), and GDP growth figures from both the US and Eurozone are primary drivers. Central bank meeting minutes and speeches by officials like the Fed Chair and ECB President are also critical. Q4: How does risk sentiment affect the pair? The US dollar is often seen as a safe-haven asset. During market turmoil or geopolitical stress, demand for USD typically rises, putting downward pressure on EUR/USD. In calm or optimistic market environments, the pair may find it easier to rise. Q5: What is the main risk to the current supportive outlook for EUR/USD? The key risk is a shift in central bank messaging. If US inflation proves more persistent, forcing the Fed to delay cuts, or if Eurozone growth deteriorates sharply, prompting the ECB to signal earlier easing, the current policy divergence supporting the euro could quickly unravel. This post EUR/USD Analysis: Divergent Fed-ECB Expectations Offer Crucial Support Below 1.1900 first appeared on BitcoinWorld .

12 Feb 2026, 03:15

USD/JPY Forecast: Critical 200-Day EMA Looms as Bears Maintain Relentless Pressure Below 153.00

BitcoinWorld USD/JPY Forecast: Critical 200-Day EMA Looms as Bears Maintain Relentless Pressure Below 153.00 In global forex markets today, the USD/JPY currency pair presents a compelling technical narrative as it approaches a pivotal long-term indicator. The pair’s price action shows bears firmly in control below the psychologically significant 153.00 level, steering it toward a consequential test of the 200-day Exponential Moving Average (EMA). This movement occurs against a complex backdrop of shifting monetary policy expectations and geopolitical crosscurrents affecting both the US dollar and Japanese yen. USD/JPY Technical Forecast: Bears Dominate Below 153.00 The USD/JPY pair’s failure to sustain momentum above 153.00 represents a notable shift in market sentiment. Throughout recent sessions, sellers have consistently emerged near this level, creating a formidable resistance zone. Consequently, the pair has embarked on a gradual descent toward its 200-day EMA, a benchmark widely monitored by institutional and retail traders alike for determining the primary trend’s health. This bearish pressure manifests through a series of lower highs on the daily chart, a classic technical pattern signaling weakening bullish conviction. Market analysts point to several contributing factors for this dynamic. Firstly, interventions by Japanese monetary authorities have historically clustered around the 152-155 zone, creating an invisible ceiling for the pair. Secondly, shifting expectations regarding the Federal Reserve’s interest rate path have introduced volatility into dollar-denominated pairs. Meanwhile, the Bank of Japan’s gradual moves away from its ultra-accommodative stance provide underlying, long-term support for the yen. These fundamental drivers interact directly with the technical picture unfolding on the charts. Understanding the 200-Day EMA’s Significance The 200-day Exponential Moving Average is not merely another line on a chart; it serves as a critical barometer of long-term market sentiment. Institutional asset managers frequently use this indicator to define bull and bear markets. A sustained price position above the 200-day EMA typically suggests a healthy long-term uptrend. Conversely, a break below it, especially on a closing basis, can trigger automated selling from trend-following systems and signal a potential trend reversal to fundamental traders. For the USD/JPY, the proximity to this moving average therefore elevates current price action from routine fluctuation to a potentially trend-defining moment. Historical data reveals that previous tests of this average during the pair’s multi-year uptrend have resulted in significant bounces, making the current approach a high-stakes technical event. The market’s reaction here will offer crucial evidence about the durability of the broader dollar-yen trend that has prevailed for much of the past two years. Fundamental Context Driving Yen Fluctuations Beyond the charts, real-world economic forces exert constant pressure on the currency pair. The interest rate differential between the United States and Japan remains the dominant fundamental driver, though its influence is evolving. While the Fed has signaled a potential pause in its hiking cycle, the Bank of Japan has cautiously begun dismantling its yield curve control policy. This policy convergence, however gradual, narrows the yield advantage that has fueled the dollar’s strength against the yen for an extended period. Furthermore, Japan’s Ministry of Finance and the Bank of Japan have repeatedly expressed concern over excessive yen weakness, which increases import costs and inflation for the resource-poor nation. Verbal interventions often precede actual market interventions, creating an asymmetric risk environment for traders attempting to push the USD/JPY substantially higher. This creates a “ceiling effect” around levels like 153.00, where speculative longs become wary of official action. Global risk sentiment also plays a key role. The Japanese yen traditionally acts as a safe-haven currency. Therefore, during periods of market stress or geopolitical tension, flows tend to move into the yen, pressuring USD/JPY lower. The current bearish control below 153.00 may partially reflect a cautious, risk-off undertone in broader financial markets, alongside the specific technical and policy factors. Comparative Analysis: Key USD/JPY Resistance and Support Levels The following table outlines the major technical levels traders are monitoring, based on recent price action and historical pivots. Level Type Significance 153.00 – 153.50 Resistance Zone Recent highs and intervention watch zone; key bull/bear battleground. 200-day EMA (~151.20) Dynamic Support Primary long-term trend indicator; break could signal deeper correction. 150.00 Psychological Major Support Round number and previous consolidation area; likely to attract strong buying interest if tested. 148.00 – 148.50 Historical Support Region of multiple daily closes from Q4 2023; a break below would invalidate the near-term bullish structure. Market Impact and Trader Positioning The current technical setup has tangible implications for different market participants. For trend followers, a decisive break below the 200-day EMA would likely trigger stop-loss orders and new short positions, potentially accelerating downward momentum. For longer-term value investors and corporate treasurers, such a dip may present a hedging or accumulation opportunity, based on the view that the fundamental interest rate divergence, while narrowing, persists. Commitments of Traders (COT) report data, which tracks speculative positioning, will be scrutinized for clues. A reduction in net long yen positions by leveraged funds could indicate that the bearish pressure is running out of fuel. Conversely, an increase in net shorts would confirm the strength of the current downward move. This data provides a reality check against the pure price action shown on the chart. Volatility expectations, as measured by options markets, also tend to rise as the pair approaches these technically significant levels. This reflects the market’s anticipation of larger price swings and the binary outcome of the upcoming test. Traders adjust their strategies accordingly, often employing options for defined risk or reducing outright exposure until the technical conflict resolves. Expert Insight on Policy and Price Interplay Financial strategists emphasize the feedback loop between price levels and policy. A weaker yen alleviates deflationary pressures in Japan but hurts consumers via import prices. The Bank of Japan must balance these effects. If USD/JPY decline accelerates through the 200-day EMA, it reduces the urgency for further aggressive policy normalization from the BOJ. Conversely, a strong rebound from the EMA back toward 153.00 would keep inflation imported via a weak yen on the policy agenda. This creates a complex environment where technical analysis and fundamental policy analysis are deeply intertwined. The price action around the 200-day EMA will therefore be interpreted not just by chartists, but also by central bank watchers and macroeconomic analysts as a signal of market-imposed discipline on currency valuations. Conclusion The USD/JPY forecast hinges on the impending interaction between price and the 200-day Exponential Moving Average. While bears currently demonstrate control by capping rallies below the 153.00 resistance, the true test of their conviction will be a sustained break below the long-term average. This technical event unfolds within a nuanced fundamental landscape defined by converging central bank policies and geopolitical sensitivities. Traders should monitor this confluence of factors closely, as the resolution of this technical tension will likely set the directional tone for the USD/JPY pair in the weeks ahead. The critical 200-day EMA level now serves as the focal point for determining whether the current pullback is a healthy correction within a ongoing uptrend or the precursor to a more significant trend reversal. FAQs Q1: What does the 200-day EMA represent for USD/JPY? The 200-day Exponential Moving Average is a widely followed long-term trend indicator. For USD/JPY, a sustained position above it generally confirms a bullish trend, while a break below can signal a potential bearish reversal or deep correction. Q2: Why is the 153.00 level so significant for USD/JPY? The 153.00 level has acted as a major resistance zone, often coinciding with verbal or actual intervention warnings from Japanese authorities concerned about excessive yen weakness. It has repeatedly capped bullish advances in recent months. Q3: What fundamental factors are supporting the yen against the dollar currently? Key factors include the market’s perception of a nearing peak in US interest rates, the Bank of Japan’s slow but steady move away from ultra-loose policy, and the yen’s traditional role as a safe-haven asset during periods of global uncertainty. Q4: How do traders typically react to a test of the 200-day EMA? A test often increases volatility. Trend-following algorithms may sell on a break below, while value-oriented and contrarian traders might look for buying opportunities at what they perceive as a long-term support level, leading to a clash of strategies. Q5: What would a confirmed break below the 200-day EMA signal for the USD/JPY trend? A confirmed daily and weekly close below the 200-day EMA would be a strong technical signal that the multi-year uptrend is under severe threat, potentially opening the path for a deeper correction toward the next major support levels near 150.00 and 148.00. This post USD/JPY Forecast: Critical 200-Day EMA Looms as Bears Maintain Relentless Pressure Below 153.00 first appeared on BitcoinWorld .