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USD/JPY

USDJPY
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159.293

-0.185-0.12%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
D

Today

-0.12%

5 Days

+0.96%

1 Month

-1.81%

6 Months

+4.36%

Year to Date

+1.65%

1 Year

+7.81%

Key Data Points

Opening Price

159.461

Previous Closing Price

159.478
Price Range of the Day
158.598159.519
52-Week Price Range
145.480163.985

Recent

Analysis

Japanese Yen holds as soft US data meets a weak Yen

USD/JPY is holding near 159.40 at the time of writing, with little change on the day. A weak United States (US) Consumer Sentiment reading nudged the Dollar lower, but the pair has stayed close to where it started.

Fxstreet9 hours ago

Japanese Yen: Policy risks support gains against US Dollar – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret observe USD/JPY trading near 159, with modest Japanese Yen (JPY) gains offering reassurance to the Ministry of Finance (MoF) after recent weakness.

Fxstreet13 hours ago

Japan: GDP steady, inflation near BoJ target – ING

ING highlights that market consensus sees Japan’s preliminary Q2 Gross Domestic Product (GDP) holding at 0.5% quarter-on-quarter, with Private Consumption remaining the main growth driver.

Fxstreet14 hours ago

Japanese Yen gains on hawkish BoJ outlook and softer US Dollar

USD/JPY trades on the back foot on Friday, pressured by a weaker US Dollar (USD), while the Japanese Yen (JPY) draws support from a more hawkish Bank of Japan (BoJ) outlook. At the time of writing, the pair trades around 158.85, down 0.40% on the day.

Fxstreet14 hours ago

Japanese Yen: BoJ policy story having little effect – ING

ING’s Chris Turner notes that despite sharp moves in Japanese money markets, the Japanese Yen is not finding lasting support. Markets now price a high probability of a Bank of Japan hike in September, narrowing US–Japan swap differentials, yet USD/JPY remains elevated as carry trades persist.

Fxstreet15 hours ago

Japanese Yen: Bearish bias within 158.00–160.20 band against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann judge USD/JPY price action as inconclusive intraday, with trading expected between 159.00 and 159.70 after a tight 159.01–159.56 range.

Fxstreet19 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
Sell
Sell(7)
Neutral(3)
Buy(3)
Indicators
Sell(3)
Neutral(3)
Buy(1)
Indicators
Value
Direction
MACD(12,26,9)
-0.095
Sell
RSI(14)
43.072
Neutral
STOCH(KDJ)(9,3,3)
84.515
Buy
ATR(14)
1.551
High Vlolatility
CCI(14)
-6.265
Neutral
Williams %R
53.287
Neutral
TRIX(12,20)
-0.098
Sell
StochRSI(14)
26.239
Sell
Moving Average
Sell(4)
Neutral(0)
Buy(2)
Indicators
Value
Direction
MA5
159.344
Sell
MA10
158.549
Buy
MA20
160.496
Sell
MA50
161.105
Sell
MA100
159.971
Sell
MA200
158.164
Buy

USD/JPY Trading Strategy

Intraday
Medium Term
Short Term
Our next up target stands at 159.90

Trading Strategy

Our next up target stands at 159.90

Alternative scenario

below 159.03, expect 158.74 and 158.56.

Comment

Our next up target stands at 159.90

9 hours 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

159.293
-0.185-0.12%
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