159.379USD
Today
+0.43%
5 Days
+0.25%
1 Month
+2.29%
6 Months
+7.04%
Year to Date
+1.71%
1 Year
+5.77%
Opening Price
158.682Previous Closing Price
158.695The 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.
The configuration is positive.
below 158.57, expect 158.00 and 157.65.
the upside prevails as long as 158.57 is support
The USD/JPY registers back-to-back bullish days after testing key support at the 20-day Simple Moving Average (SMA) around 158.24 on Monday, yet it remains shy of clearing the key weekly high of 159.65 hit on March 23. At the time of writing, the pair trades at 159.27, up 0.36%.
USD/JPY trades around 159.00 on Wednesday at the time of writing, up 0.18% on the day. The pair continues to draw support from sustained demand for the US Dollar (USD) in an environment marked by persistent geopolitical uncertainty.
BNY’s Head of Markets Macro Strategy Bob Savage highlights stronger Japanese activity data, with the Economic Trend Index and machine tool orders pointing to a bottoming-out in growth.
Societe Generale analysts highlight USD/JPY pressing the upper end of its multi-year range, with resistance at 159.90 and key support at the 50-day moving average near 156.50.
OCBC strategists Sim Moh Siong and Christopher Wong highlight that rising Oil prices are worsening Japan’s terms of trade, fiscal risks and policy uncertainty, keeping the Japanese Yen (JPY) under pressure.
The USD/JPY pair edges higher to around 159.00 during the early European trading hours on Wednesday. The Japanese Yen (JPY) weakens against the Greenback due to surging energy prices driven by geopolitical tensions in the Middle East.
