{"id":24050,"date":"2025-06-06T03:40:01","date_gmt":"2025-06-06T03:40:01","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=24050"},"modified":"2025-06-06T03:40:01","modified_gmt":"2025-06-06T03:40:01","slug":"nikkei-225-rebounds-as-yen-weakens","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/nikkei-225-rebounds-as-yen-weakens\/","title":{"rendered":"Nikkei 225 Rebounds as Yen Weakens"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/image_fx-86-1024x559.png\" alt=\"\" class=\"wp-image-20961\"\/><\/figure>\n\n\n\n<p><strong>Key Points<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Nikkei 225 rises 0.76% to 37,698.65, recovering from a low of 37,297.65.<\/li>\n\n\n\n<li>Futures covering ahead of SQ fixing on 13 June fuels technical lift.<\/li>\n\n\n\n<li>USDJPY declines to 143.88, boosting sentiment for exporters.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\"\/>\n\n\n\n<p>The Nikkei 225 found its footing in Friday\u2019s session after a choppy week, closing higher by 285 points as traders recalibrated ahead of the June 13 SQ (special quotation) fixing\u2014a key settlement event for index options and futures. Analysts pointed to a wave of futures buying from foreign traders who were likely squaring short positions, providing much-needed support to the cash index.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">BOJ sets aside maximum provisions for bond transactions, Nikkei reports <a href=\"https:\/\/t.co\/ctgmWe0OfJ\">https:\/\/t.co\/ctgmWe0OfJ<\/a> <a href=\"https:\/\/t.co\/ctgmWe0OfJ\">https:\/\/t.co\/ctgmWe0OfJ<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/1929313302263337380?ref_src=twsrc%5Etfw\">June 1, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>The weaker yen also played a central role in the Nikkei\u2019s rebound. The dollar gained against the Japanese currency, with USDJPY trading around 143.88. This currency shift <a href=\"https:\/\/t.co\/0zVmPrs4DH\" target=\"_blank\" rel=\"noopener\" title=\"\">improved sentiment for exporters<\/a>, especially in sectors like autos and technology.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Technical Analysis<\/h2>\n\n\n\n<p>The Nikkei 225 rebounded strongly off the 37297 support zone, rallying over 400 points to test the 37748 intraday high. The sharp upside was confirmed by a bullish MACD crossover, with histogram strength supporting sustained momentum through the Tokyo session.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/image-5-1024x445.jpg\" alt=\"\" class=\"wp-image-24051\"\/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><em>Picture: Nikkei 225 surges from 37300 support as MACD momentum builds; now stalls near key 37750 resistance, as seen on the <\/em><em><a href=\"https:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WA\">VT Markets app<\/a><\/em><\/p>\n\n\n\n<p>The 5- and 10-period moving averages have crossed above the 30-period MA, reinforcing the bullish bias in the short term. Price is consolidating just below 37705 resistance, with the MACD showing early signs of flattening.<\/p>\n\n\n\n<p>Support sits near 37600, with 37480 as secondary defence. A break above 37750 could trigger a retest of the 37800\u201337820 range.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Looking Ahead<\/h2>\n\n\n\n<p>Despite today\u2019s strength, the Nikkei is still headed for a 1% weekly loss, its <a href=\"https:\/\/t.co\/wK45Rkh4fe\" target=\"_blank\" rel=\"noopener\" title=\"\">third consecutive weekly decline<\/a>. That said, the short-term tone has shifted, with futures activity and technical structure suggesting that dip buyers are emerging ahead of key events next week.<\/p>\n\n\n\n<p>Markets will remain sensitive to the yen, futures flows, and any unexpected policy commentary from the Bank of Japan. With foreign positioning and <a href=\"https:\/\/t.co\/SUqtoNfpEY\" target=\"_blank\" rel=\"noopener\" title=\"\">domestic retail flows diverging<\/a>, the Nikkei could remain volatile through next Thursday\u2019s SQ fixing.<\/p>\n\n\n\n<p>If the yen continues to weaken and technical resistance at 37,800 breaks, the index may regain momentum toward 38,000. However, a reversal in currency or futures sentiment could trap the index back below 37,300.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a><\/strong><strong> and <\/strong><strong><a href=\"https:\/\/myaccount.vtmarkets.com\/login?_gl=1*1azgbap*_gcl_au*NjE5NTE3MjY4LjE3NDQ2MDA3NDI.*_ga*MTY4OTgwNTU5Mi4xNzM2NzQ2MTgy*_ga_J26NL1ZVX7*czE3NDQ5NDQ0NTYkbzEyMCRnMCR0MTc0NDk0NDQ1NiRqNjAkbDAkaDA.\">start trading<\/a><\/strong><strong> now.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nikkei 225 posted gains in Friday\u2019s session, supported by index futures covering and a softer yen. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":64,"featured_media":20961,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[11,30],"class_list":["post-24050","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-indices","tag-nikkei"],"acf":{"acf_article_selection_author":""},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/24050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/64"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=24050"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/24050\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media\/20961"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=24050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=24050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=24050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}