Market Strategy This Week - April 30, 2025 (Wed)

There are numerous economic indicators this week. Today is Europe day.

There are various indicators from France, Germany, and the eurozone.

And tonight is the US ADP employment report.

And on Friday there is the US employment report.

Japan also has a monetary policy decision meeting, but interest rates are expected to remain unchanged.

We would like to pay attention to what Governor Ueda will discuss at the press conference.

In terms of the chart, USD/JPY was rising last week, but this week it has fallen due to dollar selling following weak US economic indicators.

There is a struggle around the 142.25 support line.

However, the support line also appears to be solid, so if it is supported as is, once we enter the 142.7-143.1 zone, I would like to consider selling from a pullback sell perspective.