USDJPY Technical Analysis

USDJPY Targets 153.3 After Bullish Breakout

FxNews—USD/JPY initiated a bullish trend from the 50.0% Fibonacci support level at 148.1, backed by the daily 75-period simple moving average. This rise was...

USDJPY Nears 151.8 Resistance with Bearish Signals

FxNews—The US dollar erased 0.8% of its recent losses against the Japanese Yen today, trading at approximately 150.8. The recent uptick in momentum was...

Yen Overpriced at 149.5: Market Expects Consolidation

FxNews—The USD/JPY pair's downtrend resumed after prices dipped below the 150.7 resistance. However, robust selling pressure caused the Stochastic...

USDJPY Eyes 151.85 Resistance for Next Bull Run

FxNews—The USD/JPY downtrend from 156.6 eased near the 50% Fibonacci retracement level (150.7). The currency pair's uptick in momentum...

USDJPY Poises Bearish as BoJ Signals Potential Rate Hikes

The USD/JPY currency pair traded sideways but mildly bearish at approximately 153.8 in today's trading session. The yen rose...

USDJPY Bull Market Surges Amid Ueda Rate Comments

The American dollar decreased slightly, about -0.3, against the Japanese Yen in today's trading session. Uncertainty over the Bank...

USDJPY Dips as Japan Signals Forex Intervention

The Japanese yen strengthened to approximately 153 yen per U.S. dollar, recovering from a four-month low. This rebound occurred...

USDJPY to 155 as BOJ Signals Gradual Rate Hikes

The Japanese Yen weakened again to around 155 yen per U.S. dollar, erasing gains from last week. This shift...