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USD/JPY

USDJPY
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157.222

+0.359+0.23%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

+0.23%

5 Days

+2.40%

1 Month

-1.13%

6 Months

-1.24%

Year to Date

+0.33%

1 Year

+6.31%

Key Data Points

Opening Price

156.796

Previous Closing Price

156.863
Price Range of the Day
156.573157.309
52-Week Price Range
146.587163.985

USD/JPY Trading Strategy

Intraday
Medium Term
Short Term
Even if a technical recovery cannot be ruled out, a drop towards 156.38 remains likely as long as 157.59 is resistance

Trading Strategy

Even if a technical recovery cannot be ruled out, a drop towards 156.38 remains likely as long as 157.59 is resistance

Alternative scenario

above 157.59, look for 158.01 and 158.25.

Comment

Even if a technical recovery cannot be ruled out, a drop towards 156.38 remains likely as long as 157.59 is resistance

41 minutes ago
Source: Trading Central(Reference Only)
Japanese Yen: BoJ rate check limits yen downside – MUFG

MUFG’s Lee Hardman notes that the Japanese Yen initially weakened sharply after the latest BoJ policy update, with USD/JPY briefly above 158.00 before retreating towards 157.00.

Fxstreet2 hours ago
Japanese Yen: Volatility focus after BoJ – MUFG

MUFG’s Michael Wan highlights that USD/JPY remains in focus after the Bank of Japan raised rates by 25bps to 1.25%, with markets interpreting the meeting as relatively dovish.

Fxstreet3 hours ago
Japanese Yen holds losses below 157.00 US Dollar with intervention fears growing

The Japanese Yen (JPY) opens the week in the same bearish trend observed in the previous one, as it keeps depreciating against the US Dollar (USD) with trading volumes lower, as the Japanese market remains closed for bank holidays.

Fxstreet3 hours ago
Japanese Yen: Policy delay risks weakness against US Dollar - Commerzbank

Commerzbank’s Thu Lan Nguyen argues that the Bank of Japan (BoJ) faces renewed pressure as the Japanese Yen (JPY) weakens and markets question its commitment to tighter policy.

Fxstreet5 hours ago
USD/JPY Price Forecast: Signs of stabilization above 20-day EMA back more upside

The Japanese Yen (JPY) underperforms its major currency peers at the start of the week, with the USD/JPY pair trading 0.1% higher to near 157.00 in the early European trade. The Japanese currency has come under pressure after the Bank of Japan’s (BoJ) monetary policy announcement on Friday.

Fxstreet6 hours ago
Japanese Yen bulls seem hesitant amid BoJ's dovish rate hike as Fed bets support USD

The USD/JPY pair attracts some sellers following a modest Asian session uptick to the 157.10 area and moves away from a two-week high, touched on Friday in reaction to the Bank of Japan's (BoJ) dovish rate hike.

Fxstreet10 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
Neutral
Sell(4)
Neutral(3)
Buy(5)
Indicators
Sell(1)
Neutral(3)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
0.577
Neutral
RSI(14)
50.993
Neutral
STOCH(KDJ)(9,3,3)
78.902
Buy
ATR(14)
1.639
Low Volatility
CCI(14)
78.950
Neutral
Williams %R
42.444
Buy
TRIX(12,20)
-0.119
Sell
StochRSI(14)
100.000
Overbought
Moving Average
Sell(3)
Neutral(0)
Buy(3)
Indicators
Value
Direction
MA5
156.268
Buy
MA10
155.111
Buy
MA20
156.698
Buy
MA50
158.946
Sell
MA100
159.517
Sell
MA200
158.387
Sell

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

157.222
+0.359+0.23%
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