Today
+0.06%
5 Days
-0.14%
1 Month
+0.34%
6 Months
-1.07%
Year to Date
+0.76%
1 Year
+3.81%
Opening Price
157.751Previous Closing Price
157.813
The upside prevails as long as 157.64 is support, with 158.68 and 158.85 as targets
below 157.64, expect 157.36 and 157.19.
The upside prevails as long as 157.64 is support, with 158.68 and 158.85 as targets
USD/JPY trades little changed on Thursday as the Japanese Yen (JPY) underperforms most of its major peers, although a softer US Dollar (USD) keeps the pair from gaining much ground. Traders remain cautious ahead of the Bank of Japan’s (BoJ) monetary policy announcement on Friday.
The Japanese Yen (JPY) has trimmed some losses against the US Dollar (USD) on Thursday as softer-than-expected Personal Income and Spending data offset the enthusiasm about the bright Gross Domestic Product (GDP) reading.
UOB strategists Quek Ser Leang and Lee Sue Ann note that USD/JPY price action has been volatile but ultimately little changed, with the pair closing near 157.82. Their short-term view is for USD/JPY to stay confined within tight intraday ranges, while over the 1–3 week horizon they expect the Dollar to trade between 157.00 and 158.60 in a range-trading phase.
The Japanese Yen (JPY) trades almost flat against the US Dollar (USD) at around 157.80 during the European trade on Thursday. The USD/JPY pair consolidates as investors shift their focus to the Bank of Japan’s (BoJ) monetary policy announcement on Friday.
USD/JPY recovers its recent losses from the previous day, trading around 158.00 during Asian hours on Thursday. The pair gains ground as the US Dollar (USD) bounces back from its previous day's losses.
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.
