158.318
Today
+0.01%
5 Days
+0.27%
1 Month
+3.11%
6 Months
-0.58%
Year to Date
+1.03%
1 Year
+4.82%
Opening Price
158.296Previous Closing Price
158.305
The downside prevails as long as 158.51 is resistance, with 157.36 and 157.12 as targets
above 158.51, look for 158.91 and 159.15.
The downside prevails as long as 158.51 is resistance, with 157.36 and 157.12 as targets
Scotiabank strategists Shaun Osborne and Eric Theoret highlight the Japanese Yen (JPY) as somewhat firmer, with USD/JPY pulling back from the upper 158s on comments from BoJ Governor Ueda and PM Takaichi about close US-Japan FX contact.
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note USD/JPY continues to grind higher as wide US‑Japan yield differentials weigh on the Japanese Yen (JPY). Intraday, the pair is expected to hold within 158.20–158.80.
MUFG’s Lee Hardman notes that the Japanese Yen has firmed modestly, pulling USD/JPY back toward 158.00 and keeping it below the 200-day moving average near 158.50.
OCBC strategists Sim Moh Siong and Christopher Wong describe USD/JPY as a patience trade, with the pair supported by higher US yields and elevated energy prices but capped by extreme Japanese Yen undervaluation and rising intervention risks.
The US Dollar (USD) edges lower against the Japanese Yen (JPY) on Tuesday, although it maintains its broader bullish trend intact, favoured by a risk-averse market.
The USD/JPY pair loses ground to near 158.25 during the Asian trading hours on Tuesday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) despite softer Japanese Producer Price Index (PPI) inflation data.
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.