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USD/JPY

USDJPY
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157.593

-0.820-0.52%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
D

Today

-0.50%

5 Days

-1.18%

1 Month

-2.74%

6 Months

+0.27%

Year to Date

+0.58%

1 Year

+6.97%

Key Data Points

Opening Price

158.406

Previous Closing Price

158.413
Price Range of the Day
156.673158.570
52-Week Price Range
145.480163.985

Recent

Analysis

Japanese Yen surges as weak US jobs data questions Fed rate hike expectations

USD/JPY falls toward 157.40 on Friday, down 0.65% on the day at the time of writing, as the US Dollar (USD) comes under heavy selling pressure following a much weaker-than-expected US employment report.

Fxstreet6 hours ago

USD/JPY (USDJPY) Drops 1.02% on Aug 7: What Does the Market Value?

• Weak July employment data accelerated expectations for Federal Reserve interest rate cuts. • Narrowing U.S.-Japan yield spreads triggered an unwinding of yen-funded carry trade positions. • Technical indicators and automated selling orders are accelerating the downward trend for USDJPY.

TradingKey8 hours ago

Japanese Yen: Intervention skepticism meets BoJ repricing – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad highlights growing market skepticism about Japan’s FX interventions, despite sizeable recent operations that triggered sharp but temporary Japanese Yen (JPY) rallies.

Fxstreet8 hours ago

Japanese Yen: Higher US rate volatility favors safe havens – BNY

BNY's David Tam argues that rising U.S. rate volatility should favor safe-haven currencies, with the Yen historically benefiting from such episodes. Heavy speculative JPY shorts add another catalyst, as appreciation could force position unwinds and trigger a sharper squeeze.

Fxstreet12 hours ago

Japanese Yen trades broadly flat against US Dollar, NFP data eyed

The Japanese Yen (JPY) trades almost flat against the US Dollar (USD) at around 158.42 during the European trading session on Friday. The USD/JPY pair consolidates as investors await the United States (US) Nonfarm Payrolls (NFP) data for July, which will be published at 12:30 GMT.

Fxstreet12 hours ago

USD/JPY Price Forecast: Consolidates near 158.55/38.2% Fibo. before the next leg up

The USD/JPY pair extends the range play through the Asian session on Friday, stalling this week's solid recovery from its lowest level since May, touched in the aftermath of a joint US-Japan intervention.

Fxstreet15 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
Sell
Sell(10)
Neutral(3)
Buy(0)
Indicators
Sell(4)
Neutral(3)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-1.241
Sell
RSI(14)
30.744
Neutral
STOCH(KDJ)(9,3,3)
29.459
Neutral
ATR(14)
1.446
High Vlolatility
CCI(14)
-79.477
Neutral
Williams %R
73.344
Sell
TRIX(12,20)
-0.081
Sell
StochRSI(14)
68.525
Sell
Moving Average
Sell(6)
Neutral(0)
Buy(0)
Indicators
Value
Direction
MA5
157.711
Sell
MA10
159.658
Sell
MA20
161.228
Sell
MA50
161.164
Sell
MA100
159.968
Sell
MA200
158.029
Sell

USD/JPY Trading Strategy

Intraday
Medium Term
Short Term
The downside prevails as long as 158.20 is resistance, with 157.35 and 157.18 as targets

Trading Strategy

The downside prevails as long as 158.20 is resistance, with 157.35 and 157.18 as targets

Alternative scenario

above 158.20, look for 158.47 and 158.64.

Comment

The downside prevails as long as 158.20 is resistance, with 157.35 and 157.18 as targets

31 minutes ago
Source: Trading Central(Reference Only)

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

157.593
-0.820-0.52%
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