158.941
Today
+0.41%
5 Days
+1.71%
1 Month
-0.02%
6 Months
+0.32%
Year to Date
+1.42%
1 Year
+7.68%
Opening Price
158.269Previous Closing Price
158.291
The upside prevails as long as 157.84 is support, with 158.85 and 159.10 as targets
below 157.84, expect 157.42 and 157.17.
The upside prevails as long as 157.84 is support, with 158.85 and 159.10 as targets
MUFG’s Teppei Ino reviews recent USD/JPY price action, noting the pair opened near 153.41 before US Dollar (USD) buying ahead of the Federal Open Market Committee (FOMC) and Bank of Japan (BoJ) meetings lifted it above 157.50.
The US Dollar (USD) consolidates gains against the Japanese Yen (JPY) on Wednesday, with bulls pushing against the key 200-day Simple Moving Average (SMA), at 158.47.
The USD/JPY pair attracts some sellers to around 157.85 during the Asian trading hours on Thursday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) as traders remain on high alert for further intervention from Japanese authorities.
Japanese Finance Minister (FM) Satsuki Katayama said on Thursday that principles on foreign exchance established since coordinated Japan-US intervention remain in effect.
Holding up the Yen is costing Japan more each time and working for less time. USD/JPY is trading above 158.00, on track for its first daily close above its 200-day average since September 2.
The Japanese Yen (JPY) extends its decline against the US Dollar (USD) on Wednesday, with USD/JPY climbing to a three-week high as the hawkish Federal Reserve (Fed) outlook keeps the Greenback in demand. At the time of writing, the pair trades around 158.18, up 0.50% on the 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.
