158.306USD
Today
-0.08%
5 Days
-0.17%
1 Month
+0.81%
6 Months
+8.01%
Year to Date
+1.02%
1 Year
+1.18%
Opening Price
158.452Previous Closing Price
158.439The 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.

Short positions below 158.50 with targets at 157.75 & 157.40 in extension.
above 158.50 look for further upside with 158.75 & 159.20 as targets.
short positions below 158.50 with targets at 157.75 & 157.40 in extension.
The US Dollar is trading near the 158.00 level against the Japanese Yen at the time of writing, after pulling back from session highs above 159.20.

TradingKey — The highly volatile Japanese yen has once again taken center stage in the FX market. On July 23, USD/JPY experienced a "rollercoaster" session, plunging nearly 200 pips from a high of 159.22 to 157.33 before rapidly rebounding 80 pips to 158.50. Speculation regarding potential intervention by Japanese authorities immediately dominated trading circles. While the Bank of Japan held interest rates steady that morning, Governor Kazuo Ueda subsequently issued hawkish hints. With Japanese Government Bond (JGB) yields recently surging to a 27-year high, how should the outlook for the yen be interpreted?

Despite the Bank of Japan (BoJ) revising up growth and inflation forecasts, political and fiscal risks are dominating yen dynamics and muting the usual USD/JPY response, ING's FX analyst Chris Turner notes.

USD/JPY has met interim resistance near 159.45 at the top of an ascending channel, with a short-term pullback potentially finding support around the 50-day moving average at 156.00-156.60, Société Générale's FX analysts note.

The Japanese Yen (JPY) remains depressed against its American counterpart during the Asian session on Friday amid domestic political uncertainty and concerns about Japan's fiscal health.

The USD/JPY pair posts modest gains near 158.45 during the early Asian session on Friday. The Japanese Yen (JPY) softens against the US Dollar (USD) following the release of Japanese inflation data.
