156.386USD
Today
+0.02%
5 Days
-2.49%
1 Month
-2.06%
6 Months
+2.17%
Year to Date
-0.20%
1 Year
+9.83%
Opening Price
156.307Previous Closing Price
156.356The 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.

Long positions above 155.95 with targets at 156.75 & 157.20 in extension.
below 155.95 look for further downside with 155.55 & 155.00 as targets.
long positions above 155.95 with targets at 156.75 & 157.20 in extension.
OCBC strategists Sim Moh Siong and Christopher Wong highlight that recent USD/JPY moves likely reflect Japanese intervention, with 158 replacing 160 as the key line.

The USD/JPY pair trades on a flat note near 156.40 during the early European session on Thursday. The Japanese Yen (JPY) remains in focus after rallying on Wednesday amid suspected speculation that officials are intervening in the market.

The USD/JPY pair struggles to capitalize on the previous day's goodish rebound from its lowest level since February 24, around the 155.00 psychological mark, and oscillates in a narrow band during the Asian session on Thursday.

USD/JPY stages a modest rebound on Wednesday after coming under pressure earlier in the day amid another suspected intervention by Japanese authorities. At the time of writing, the pair is trading around 156.42 after recovering from an intraday low near 155.00.

Societe Generale analysts argue that the Japanese Yen remains significantly undervalued versus the Dollar on a purchasing power parity basis, with USD/JPY far above fair value near 95.

BNY’s Bob Savage highlights a sharp Japanese Yen (JPY) rally, with USD/JPY dropping as low as 155.04 before partially reversing, in a move widely seen as fresh official intervention. Authorities are viewed as defending the 160 level to curb speculative shorts.

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