157.759
Today
-0.19%
5 Days
-0.69%
1 Month
-1.51%
6 Months
-0.65%
Year to Date
+0.67%
1 Year
+7.27%
Opening Price
158.101Previous Closing Price
158.052
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 edges lower during the Asian session on Friday, currently trading below the 158.00 mark, though it remains near the weekly high touched the previous day.
Tokyo's core inflation rate, which leaves out fresh food, jumped to 2.7% in September from 1.8%, against a 2.4% forecast. Prices excluding food and energy rose a full point to 3%, so the jump goes beyond fuel bills.
The headline Tokyo Consumer Price Index (CPI) for September rose 2.7% YoY as compared to 1.9% in the previous month, the Statistics Bureau of Japan showed on Friday.
The Yen is falling on the timetable of the Bank of Japan (BoJ) rather than on Japanese inflation. The BoJ published its September meeting summary at 23:50 GMT on Wednesday, and traders cut bets on an October follow-up.
USD/JPY reverses its earlier gains on Thursday as traders hesitate to push the pair higher amid the risk of intervention by Japanese authorities. This allows the Japanese Yen (JPY) to regain some ground even as the US Dollar (USD) climbs to a fresh year-to-date high.
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.