Skip to contentHome page Seeking Alpha - Power to InvestorsApr 01, 2026, 9:50 PM ETUS Dollar / Japanese Yen (USD:JPY), JPY:USDUUP, USDU, UDN, FXY, YCL, YCSMarketPulse by OANDA Group689 FollowersCommentsUSD/JPY recently bounced to April 2024 highs during a mid-March crude oil spike but has failed to hold its prior highs.USD/JPY has entered a corrective phase after the initial Monday spike, now evolving in a short-term bear channel after breaking out of its higher timeframe bull trend.Any test of its 4H 20 and 50-MA could provide interesting points for entries on pullbacks if prices get there (159.24).baona/iStock via Getty ImagesBy Elior ManierUSD/JPY is one of the most reactive pairs to broader geopolitical movements and technical patterns, remaining one of the most favored major currency pairs in FX trading.But in recent years, it hasThis article was written byMarketPulse by OANDA Group689 FollowersMarketPulse is an award-winning industry analysis and news site service created by OANDA Business Information & Services, Inc. Covering forex, commodities, global indices and more, our goal is to give timely, relevant and informative commentary on major macroeconomic trends, technical analysis and worldwide events impacting the industry.CommentsTo ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.Is this happening to you frequently? Please report it on our feedback forum.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.