The USD/JPY currency pair continues to follow a downward trajectory, marked by the formation of a death cross on the charts. This trend signals bearish momentum as the exchange rate drops to 147.12, its lowest point since October 2024.

Factors contributing to this decline include the crash of the US dollar index (DXY) and rising odds of divergence between the Federal Reserve and the Bank of Japan (BoJ).

Investors should carefully analyze these trends for potential trading opportunities.