Today
-0.00%
5 Days
+0.70%
1 Month
-0.09%
6 Months
+0.58%
Year to Date
+0.77%
1 Year
+2.59%
Opening Price
157.927Previous Closing Price
157.909
The upside prevails as long as 157.63 is support, with 158.18 and 158.31 as targets
below 157.63, expect 157.42 and 157.30.
The upside prevails as long as 157.63 is support, with 158.18 and 158.31 as targets
The Dollar fell against the Euro and the Pound on US-Iran diplomacy but not against the Yen, and USD/JPY reached 158.00, its highest since October 29. It dipped to just above 157.50 when the Dollar's slide elsewhere was at its deepest, then climbed to the high. It's trading just under 158.00.
USD/JPY keeps wavering between 157.00 and 158.00, lacking a clear bias.
United Overseas Bank strategists Quek Ser Leang and Lee Sue Ann describe USD/JPY as remaining in a range-trading phase, with intraday levels and a broader 157.00–158.60 band guiding price action. While near-term momentum is not decisively bearish, their 1–3 month view highlights a rapid increase in downward momentum, pointing to further Dollar weakness against the Japanese Yen.
The Japanese Yen (JPY) is down against its major currency peers, except antipodeans, at the start of the week. In the early European trade, the US Dollar (USD) is up 0.17% at around 157.77 against the Japanese currency.
The USD/JPY pair gains some positive traction at the start of a new week, recovering further from Friday's post-Bank of Japan (BoJ) swing low to sub-157.00 levels.
Japanese Finance Minister (FM) Satsuki Katayama said on Monday that the Joint FX statement with the United States (US) persists and the government will act against disorderly moves.
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.