158.179
Today
+0.24%
5 Days
+0.59%
1 Month
+1.26%
6 Months
-0.85%
Year to Date
+0.94%
1 Year
+7.31%
Opening Price
157.638Previous Closing Price
157.810
The downside prevails as long as 158.27 is resistance, with 156.93 and 156.67 as targets
above 158.27, look for 158.71 and 158.97.
The downside prevails as long as 158.27 is resistance, with 156.93 and 156.67 as targets
The USD/JPY pair struggles to capitalize on Friday's bounce from sub-157.00 levels, touched in reaction to the weak US Nonfarm Payrolls (NFP) report, and seesaws between tepid gains/minor losses through the first half of the European session.
United Overseas Bank (UOB) strategist Quek Ser Leang observes USD/JPY fluctuated between 156.94 and 158.21, closing at 157.83, with intraday trading expected inside 157.10–158.10. Over 1–3 weeks, he now favours a broad consolidation between 156.35 and 158.70 rather than deeper pullbacks. On a 1–3 month horizon, however, he still flags rapid downside momentum that could drive further weakness toward the January low at 152.08.
The Japanese Yen (JPY) nurses marginal losses against the US Dollar (USD) on Monday but remains trading within previous ranges, with downside attempts limited as Japanese Prime Minister Sanae Takaichi pledged to keep public debt under control.
Japanese Prime Minister Takaichi Sanae said on Monday that the government will control the annual debt issuance amount appropriately while scrutinising the economy, prices, tax revenues, interest rates, debt-servicing costs, and market developments.
Bank of Japan (BoJ) Deputy Governor Shinichi Uchida said on Monday that Artificial Intelligence (AI) has become a major focus among central banks, including at BoJ monetary policy meetings.
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.
