Today
+0.01%
5 Days
+1.32%
1 Month
+0.81%
6 Months
+1.46%
Year to Date
+2.04%
1 Year
+3.31%
Opening Price
159.875Previous Closing Price
159.889
The upside prevails as long as 159.70 is support, with 160.27 and 160.42 as targets
below 159.70, expect 159.46 and 159.31.
The upside prevails as long as 159.70 is support, with 160.27 and 160.42 as targets
The Japanese Yen (JPY) hesitates a few pips away from the key 160.00 level against the US Dollar (USD) on Friday, weighed by a strong rebound in US Treasury yields, which has prompted Japanese Prime Minister Sanae Takaichi to launch an intervention warning earlier in the day.The USD/JPY pair accele
Japanese Prime Minister Sanae Takaichi said on Friday that the government is in close contact with US financial authorities on the currency market. She further stated that the officials will strive to preserve an orderly foreign exchange market.
The USD/JPY pair enters a bullish consolidation phase during the Asian session on Friday, trading near its highest level since early September, just below the 160.00 psychological mark.
Japanese Finance Minister (FM) Satsuki Katayama said on Friday that the officials are observing one-sided, swift foreign exchange shifts recently. Katayama added that the government will respond appropriately to currency volatility and will engage with US treasury, respond suitably.
The 160.00 level, where Japan has bought Yen twice this year, was reached on Thursday for the first time since early September, and USD/JPY didn't stay above it. The session high was just over the level and the pair is trading just under it, almost exactly where it started.
Brown Brothers Harriman’s Elias Haddad highlights that USD/JPY has tested the 160.00 resistance area, reviving intervention concerns after Japan’s large summer FX operations. Officials warn recent currency moves have been too fast.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
