Today
-0.06%
5 Days
+0.83%
1 Month
+0.94%
6 Months
+1.24%
Year to Date
+1.97%
1 Year
+3.41%
Opening Price
159.875Previous Closing Price
159.889
The upside prevails as long as 159.70 is support, with 160.27 and 160.42 as targets
below 159.70, expect 159.46 and 159.31.
The upside prevails as long as 159.70 is support, with 160.27 and 160.42 as targets
The Japanese Yen (JPY) remains under sustained pressure near multi-month lows as USD/JPY pushes above the 160.00 level for a second consecutive session, prompting official warnings from Japanese Finance Minister Katayama regarding one-sided and rapid foreign exchange moves.
USD/JPY treads water near 160.00 on Friday as the risk of Japanese intervention limits gains despite a stronger US Dollar (USD).
Societe Generale’s Kenneth Broux and colleagues note USD/JPY has broken out of a recent consolidation, reclaiming its 200‑day moving average and trading above 160 for a second day. The pair faces key resistance around 160.40/160.70 and 162.20, with support near 158.70.
DBS Group Research forecasts Japan’s real GDP to grow 0.8% in Q3, supported by AI-driven exports and stronger wage-led consumption. October trade data are expected to show solid export growth but a wider deficit, while inflation stays above 2% on higher energy costs and a weak Japanese Yen.
Commerzbank’s Volkmar Baur notes that revised expectations for further Federal Reserve (Fed) hikes and parallel Bank of Japan (BoJ) moves limit near-term upside for the Japanese Yen. Policy risk is seen shifting towards Japan due to upcoming BoJ board appointments.
The Japanese Yen (JPY) hesitates a few pips away from the key 160.00 level against the US Dollar (USD) on Friday, weighed by a strong rebound in US Treasury yields, which has prompted Japanese Prime Minister Sanae Takaichi to launch an intervention warning earlier in the day.The USD/JPY pair accele
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.
