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USD/JPY

USDJPY
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159.415

-0.063-0.04%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
D

Today

-0.04%

5 Days

+0.64%

1 Month

-1.85%

6 Months

+4.45%

Year to Date

+1.73%

1 Year

+8.18%

Key Data Points

Opening Price

159.461

Previous Closing Price

159.478
Price Range of the Day
159.347159.519
52-Week Price Range
145.480163.985

Recent

Analysis

Japanese Yen strengthens as soft US PPI tempers Fed outlook

The USD/JPY pair loses traction to near 159.45 during the Asian trading hours on Friday. Softer US inflation reports and fears of currency intervention weigh on the US Dollar (USD) against the Japanese Yen (JPY).

Fxstreet40 minutes ago

Half of the record Japanese Yen intervention is already gone

The Dollar changes hands at 159.50 against the Yen on Thursday, a fraction higher on the session inside a range of barely 55 pips.

Fxstreet4 hours ago

Japanese Yen little changed amid cooling US inflation

USD/JPY is trading sideways on Thursday, hovering in the mid-159.00s and holding within its recent range. It is more of the same for the pair, which continues to move in consolidation as opposing forces cancel each other out.

Fxstreet8 hours ago

Japanese Yen struggles despite soft US PPI, fading Fed rate-hike bets

The Japanese Yen (JPY) struggles to gain traction against the US Dollar (USD) on Thursday, even as the Greenback weakens modestly following softer-than-expected US Producer Price Index (PPI) data. The Yen strengthened immediately after the release, briefly pushing USD/JPY toward 159.

Fxstreet10 hours ago

Japanese Yen: Policy support for BoJ hikes – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad highlights USD/JPY trading just below 160.00 as Japan’s government signals support for faster Bank of Japan (BoJ) rate hikes, reinforcing narrowing US–Japan differentials and a lower USD/JPY case.

Fxstreet13 hours ago

USD/JPY Price Forecast: Capped below the 50% retracement of July’s plunge, at 159.50

The US Dollar (USD) remains practically flat against the Japanese Yen (JPY) on Thursday, as fading hopes of a Federal Reserve (Fed) interest rate hike in September have undermined speculative demand for the Greenback.

Fxstreet15 hours ago

Indicators

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.

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D
Neutral
Sell(6)
Neutral(3)
Buy(4)
Indicators
Sell(3)
Neutral(3)
Buy(1)
Indicators
Value
Direction
MACD(12,26,9)
-0.079
Sell
RSI(14)
43.817
Neutral
STOCH(KDJ)(9,3,3)
86.644
Buy
ATR(14)
1.497
High Vlolatility
CCI(14)
6.314
Neutral
Williams %R
51.878
Neutral
TRIX(12,20)
-0.098
Sell
StochRSI(14)
74.853
Sell
Moving Average
Sell(3)
Neutral(0)
Buy(3)
Indicators
Value
Direction
MA5
159.368
Buy
MA10
158.561
Buy
MA20
160.502
Sell
MA50
161.107
Sell
MA100
159.972
Sell
MA200
158.164
Buy

USD/JPY Trading Strategy

Intraday
Medium Term
Short Term
As long as 159.21 is support, look for 160.01

Trading Strategy

As long as 159.21 is support, look for 160.01

Alternative scenario

below 159.21, expect 158.92 and 158.74.

Comment

As long as 159.21 is support, look for 160.01

19 minutes ago
Source: Trading Central(Reference Only)

More Details of USD/JPY

USDJPY refers to the exchange rate between the US Dollar (USD) and the Japanese Yen (JPY). It is one of the most traded currency pairs in the foreign exchange market, known for its liquidity and significance in global finance. The value of USDJPY is influenced by a variety of factors, including economic indicators from both the United States and Japan, interest rate differentials, and geopolitical events. The pair often serves as a barometer for global risk sentiment, with the JPY typically seen as a safe-haven currency during times of uncertainty. Traders analyze USDJPY to gain insights into economic trends and market dynamics in Asia and beyond.

What is the historical high for USD/JPY?

The USDJPY price rose to 154.455 on April 16, 2024. Historically, the yen reached an all-time high of 358.44 in January 1971.

Is USDJPY the best currency pair to trade?

The USD/JPY is one of the best forex pairs to trade. As both the US Dollar and the Japanese Yen are globally important currencies, the USDJPY price is affected by various political and economic events that can provide traders with more trading opportunities.

What time is USDJPY most volatile?

The best time to trade USD/JPY is during the overlap of the New York and Tokyo markets that is from 7:00 p.m. to 11:00 p.m. EST.

USD/JPY

159.415
-0.063-0.04%
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