157.345
Today
-0.95%
5 Days
+0.89%
1 Month
-1.10%
6 Months
-0.86%
Year to Date
+0.40%
1 Year
+5.67%
Opening Price
158.865Previous Closing Price
158.839
The downside prevails as long as 158.39 is resistance, with 157.30 and 157.05 as targets
above 158.39, look for 158.81 and 159.06.
The downside prevails as long as 158.39 is resistance, with 157.30 and 157.05 as targets
UOB’s Quek Ser Leang and Lee Sue Ann note USD/JPY has risen for five straight sessions to 158.83, with momentum still positive but indicators deeply overbought.
Brown Brothers Harriman’s (BBH) Elias Haddad highlights that political comments from US and Japanese leaders helped push USD/JPY back below its 200-day moving average.
The Japanese Yen pares losses against the US Dollar (USD) on Friday, as Japanese yields escalate, narrowing the gap with Treasury yields, while Japan’s Finance Minister (FM) Satsuki Katayama defended the independence of the Bank of Japan (BoJ).
USD/JPY halts its five-day winning streak, trading around 158.10 during Asian hours on Friday. The currency pair depreciates as the Japanese Yen (JPY) gathers support. Market participants are remaining on high alert, anticipating potential market intervention by Japanese authorities.
• USDJPY pulled back due to technical profit-taking and official intervention caution near 160.00. • Unwinding of short-Yen carry trades and structural BOJ policy normalization supported the Yen. • MACD indicates a neutral signal, RSI is neutral, and Williams %R suggests overbought conditions.
The USD/JPY pair drifts lower during the Asian session on Friday, stalling its recent strong move up to a three-week high, near the 159.00 mark, touched the previous day.
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.