USD/JPY(20250502)Today's AnalysisToday's buying and selling boundaries:
144.67
Support and resistance levels:
147.49
146.44
145.75
143.58
142.90
141.84
Trading strategy:
If the price breaks through 145.75, consider buying, the first target price is 146.44
If the price breaks through 144.67, consider selling, the first target price is 143.58
Usd-jpy-technical-analysis
USD/JPY(20250430)Today's AnalysisMarket news:
The European Central Bank expects prices to rise 2.9% over the next 12 months, up from 2.6% in February, according to a monthly survey released on Tuesday. This is the highest level since April 2024. The three-year indicator rose slightly to 2.5%. The ECB's first five-year forecast was 2.1%.
Technical analysis:
Today's long-short boundary:
142.32
Support and resistance levels:
143.13
142.83
142.63
142.01
141.81
141.51
Trading strategy:
If the price breaks through 142.32, consider buying, the first target price is 143.00
If the price breaks through 142.01, consider selling, the first target price is 141.81
USD/JPY(20250429)Today's AnalysisMarket news:
The U.S. Treasury Department raised its second quarter debt forecast to $514 billion. U.S. Treasury Secretary: The "X Day" for the debt ceiling issue will be announced soon.
Technical analysis:
Today's long-short boundary:
142.62
Support and resistance levels:
144.52
143.81
143.35
141.89
141.43
140.72
Trading strategy:
If the price breaks through 142.62, consider buying, the first target price is 143.35
If the price breaks through 141.89, consider selling, the first target price is 141.43
USD/JPY(20250428)Today's AnalysisMarket news:
The Fed's subsequent policy path considers two scenarios: First, there is no substantial progress in the negotiations between the United States and its trading partners. After 90 days, the US tariffs are still high. Weakened economic demand may prompt the Fed to cut interest rates starting in July, and the annual rate cut may reach 100 basis points; second, the negotiations are fruitful, tariffs are reduced, and the demand shock is small, but inflationary pressure continues. The Fed may postpone easing and only cut interest rates slightly in December. For the market, although the easing comes early in the first scenario, the "recession-style" rate cut may suppress risky assets.
Technical analysis:
Today's buying and selling boundaries:
143.40
Support and resistance levels:
144.89
144.33
143.97
142.83
142.47
141.91
Trading strategy:
If the price breaks through 143.97, consider buying, the first target price is 144.33
If the price breaks through 143.40, consider selling, the first target price is 142.83
USD/JPY(20250425)Today's AnalysisMarket news:
Federal Reserve-①Hamack: If economic data is clear, the Fed may cut interest rates in June
②Waller: It will take until July to get a clearer understanding of how tariffs affect the economy. If tariffs lead to higher unemployment, interest rate cuts may be initiated. ③The Atlanta Fed GDPNow model predicts that the US GDP growth rate in the first quarter will be -2.5%. ④Kashkari: The frequent announcements from Washington have brought challenges to policymakers and everyone.
Technical analysis:
Today's buying and selling boundaries:
142.79
Support and resistance levels:
143.94
143.51
143.23
142.34
142.06
141.63
Trading strategy:
If the price breaks through 142.79, consider buying, the first target price is 143.23
If the price breaks through 142.34, consider selling, the first target price is 142.06
USD/JPY(20250424)Today's AnalysisMarket News:
The United States hit a 16-month low in April. The total number of new home sales in the United States in March was an annualized to a new high since September 2024.
Technical analysis:
Today's buying and selling boundaries:
142.82
Support and resistance levels:
144.93
144.14
143.63
142.01
141.50
140.71
Trading strategy:
If the price breaks through 143.63, consider buying, the first target price is 144.14
If the price breaks through 142.82, consider selling, the first target price is 142.01
USD/JPY(20250417)Today's AnalysisMarket news:
U.S. import prices fell 0.1% in March from the previous month, the first month-on-month decline since September last year.
Technical analysis:
Today's buying and selling boundaries:
143.10
Support and resistance levels:
144.08
143.72
143.48
142.72
142.48
142.11
Trading strategy:
If the price breaks through 143.10, consider buying, the first target price is 143.48
If the price breaks through 142.72, consider selling, the first target price is 142.48
USD/JPY(20250416)Today's AnalysisMarket news:
U.S. import prices fell 0.1% in March from the previous month, the first month-on-month decline since September last year.
Technical analysis:
Today's buying and selling boundaries:
143.10
Support and resistance levels
144.08
143.72
143.48
142.72
142.48
142.11
Trading strategy:
If the price breaks through 143.10, consider buying, the first target price is 143.48
If the price breaks through 142.72, consider selling, the first target price is 142.48
USD/JPY(20250414)Today's AnalysisMarket news:
Fed Collins: It is currently expected that the Fed will need to keep interest rates unchanged for a longer period of time. If necessary, the Fed is "absolutely" ready to help stabilize the market; Kashkari: No serious chaos has been seen yet, and the Fed should intervene cautiously only in truly urgent situations; Musallem: The Fed should be wary of continued inflation driven by tariffs.
Technical analysis:
Today's buying and selling boundaries:
143.41
Support and resistance levels:
146.00
145.03
144.40
142.41
141.79
140.82
Trading strategy:
If the price breaks through 144.40, consider buying, the first target price is 145.03
If the price breaks through 143.41, consider selling, the first target price is 142.41
USD/JPY(20250411)Today's AnalysisMarket news:
The annual rate of the US CPI in March was 2.4%, a six-month low, lower than the market expectation of 2.6%. The market almost fully priced in the Fed's interest rate cut in June. Trump said inflation has fallen.
Technical analysis:
Today's long-short boundary:
145.38
Support and resistance levels:
149.05
147.68
146.79
143.97
143.08
141.71
Trading strategy:
If the price breaks through 145.38, consider buying, the first target price is 146.79
If the price breaks through 143.97, consider selling, the first target price is 143.08
USD/JPY(20250410)Today's AnalysisToday's buying and selling boundaries:
146.66
Support and resistance levels:
150.90
149.32
148.29
145.03
144.01
142.42
Trading strategy:
If the price breaks through 148.29, consider buying, the first target price is 149.32
If the price breaks through 146.66, consider selling, the first target price is 145.03
USD/JPY(20250408)Today's AnalysisToday's buying and selling boundaries:
146.92
Support and resistance levels
150.22
148.99
148.18
145.65
144.85
143.61
Trading strategy:
If the price breaks through 148.18, consider buying, the first target price is 148.99
If the price breaks through 146.92, consider selling, the first target price is 145.65
USD/JPY(20250407)Today's AnalysisMarket news:
Fed Chairman Powell: Wait for clearer news before considering adjusting policy stance. One year later, as the impact of Trump's policies becomes clearer, uncertainty should be greatly reduced. Intends to complete the entire term. Potential tariffs may have a lasting impact on inflation. The impact of tariffs on the economy may be greater than expected. Downside risks have increased, but the economy is still in good shape.
Technical analysis:
Today's buying and selling boundaries:
146.32
Support and resistance levels
149.17
148.11
147.41
145.22
144.53
143.46
Trading strategy:
If the price breaks through 146.32, consider buying, the first target price is 147.41
If the price breaks through 145.22, consider selling, the first target price is 144.53
USD/JPY(20250404)Today's AnalysisToday's long and short boundaries:
146.84
Support and resistance levels
150.91
149.39
148.40
145.27
144.28
142.76
Trading strategy:
If the price breaks through 146.84, consider buying, the first target price is 148.40
If the price breaks through 145.27, consider selling, the first target price is 144.28
USD/JPY(20250403)Today's AnalysisMarket news:
US trade policy-① Trump signed an executive order to establish a 10% "minimum base tariff" for all countries, and will impose reciprocal tariffs, including 20% for the EU, 24% for Japan, 46% for Vietnam, and 25% for South Korea. The tariff exemption for goods that meet the USMCA will continue, and the tariff for those that do not meet the requirements will remain at 25%; ② The US Treasury Secretary called on countries not to retaliate; ③ The base tariff will take effect on April 5, and the reciprocal tariff will take effect on the 9th. In addition, the 25% automobile tariff will take effect on the 3rd, and the automobile parts tariff will take effect on May 3rd; ④ Gold bars, copper, pharmaceuticals, semiconductors and wood products are also not subject to "reciprocal tariffs".
Today's buying and selling boundaries:
149.61
Support and resistance levels
150.97
150.46
150.13
149.08
148.75
148.24
Trading strategy:
If the price breaks through 148.75, consider buying, the first target price is 149.08
If the price breaks through 148.24, consider selling, the first target price is 148.00
USD/JPY(20250402)Today's AnalysisToday's buying and selling boundaries:
149.55
Support and resistance levels
150.70
150.27
149.99
149.11
148.83
148.40
Trading strategy:
If the price breaks through 149.99, consider buying, the first target price is 150.27
If the price breaks through 149.55, consider selling, the first target price is 149.11
USD/JPY(20250326)Today's AnalysisToday's buying and selling boundaries:
150.12
Support and resistance levels:
151.50
150.98
150.65
149.59
149.25
148.73
Trading strategy:
If the price breaks through 150.12, consider buying, the first target price is 150.65
If the price breaks through 149.59, consider selling, the first target price is 149.25
USD/JPY(20250325)Today's AnalysisToday's buying and selling boundaries:
150.25
Support and resistance levels:
151.62
151.11
150.78
149.73
149.40
148.89
Trading strategy:
If the price breaks through 150.78, consider buying, the first target price is 151.11
If the price breaks through 150.25, consider selling, the first target price is 149.73
USD/JPY(20250324)Today's AnalysisToday's buying and selling boundaries:
149.18
Support and resistance levels:
150.25
149.85
148.59
148.77
148.51
148.11
Trading strategy:
If the price breaks through 148.59, consider buying, the first target price is 149.85
If the price breaks through 149.18, consider selling, the first target price is 148.77
USD/JPY(20250321)Today's AnalysisToday's buying and selling boundaries:
148.63
Support and resistance levels:
149.40
149.11
148.92
148.33
148.14
147.85
Trading strategy:
If the price breaks through 148.92, consider buying, the first target price is 149.11
If the price breaks through 148.63, consider selling, the first target price is 148.33
USD/JPY Forecast: Bullish Bias Expected – Key Factors to Watch.USD/JPY Forecast: Bullish Bias Expected – Key Factors to Watch (20/09/2024)
As we analyze the USD/JPY pair on 20/09/2024, the outlook appears to be slightly bullish for this week and next. Several key drivers are pushing the U.S. dollar higher against the Japanese yen, creating an attractive opportunity for traders. In this article, we’ll break down the fundamental factors behind this forecast and highlight the elements influencing USD/JPY price action in the coming days.
1. US Dollar Strength Bolsters USD/JPY
The strength of the U.S. dollar is a critical factor contributing to the bullish bias in USD/JPY. With the Federal Reserve signaling a commitment to maintaining high interest rates for an extended period, the greenback remains in demand. Fed officials have recently emphasized their concerns about persistent inflation, leading markets to believe that U.S. interest rates will stay elevated for longer than previously expected.
This hawkish monetary stance, coupled with strong economic data, has made the U.S. dollar more attractive to investors. As a result, USD/JPY has been moving higher, with the strong dollar likely to continue exerting upward pressure on the pair.
Key SEO keywords: USD/JPY forecast, US dollar strength, Federal Reserve policy, interest rate hike, USD/JPY price action.
2. Dovish Bank of Japan Keeps the Yen Weak
On the other side of the equation, the Japanese yen remains under pressure due to the Bank of Japan’s (BoJ) ultra-loose monetary policy. The BoJ has shown no signs of tightening monetary policy in the near term, despite global inflationary trends. Japan’s central bank continues to prioritize economic support, maintaining low interest rates while avoiding any drastic policy shifts.
This dovish stance contrasts sharply with the Federal Reserve’s hawkish policy, widening the interest rate differential between the U.S. and Japan. This is a major driver of USD/JPY’s bullish outlook, as investors gravitate towards the higher-yielding U.S. dollar over the lower-yielding yen.
Key SEO keywords: Bank of Japan policy, Japanese yen weakness, dovish BoJ, USD/JPY interest rate differential, yen depreciation.
3. Interest Rate Differentials Favor USD/JPY Upside
One of the most important factors pushing USD/JPY higher is the widening interest rate differential between the U.S. and Japan. While U.S. Treasury yields remain attractive, the yield on Japanese government bonds remains low due to the BoJ’s dovish policy stance. This gap in yields makes the U.S. dollar more appealing for investors seeking better returns.
The widening interest rate gap is a key bullish signal for USD/JPY, as capital continues to flow into U.S. dollar-denominated assets. As long as the Federal Reserve maintains its hawkish tone, and the BoJ remains accommodative, this dynamic will likely support the bullish bias for USD/JPY.
Key SEO keywords: Interest rate differentials, U.S. Treasury yields, Japanese bond yields, USD/JPY bullish outlook, capital flows into USD.
4. Japanese Economic Weakness Adding Pressure on the Yen
Another factor supporting the bullish bias for USD/JPY is the ongoing weakness in the Japanese economy. Japan has struggled with slow economic growth and weak inflation, further justifying the BoJ’s cautious approach to monetary policy. Domestic consumption remains low, and Japan’s economic recovery has been uneven.
As a result, the Japanese yen continues to face downside pressure, while the U.S. dollar benefits from stronger economic fundamentals. This divergence between the U.S. and Japanese economies adds to the case for a stronger USD/JPY in the coming weeks.
Key SEO keywords: Japanese economic weakness, low inflation in Japan, weak yen, Bank of Japan policy, USD/JPY forecast.
5. USD/JPY Technical Analysis Suggests Further Upside Potential
From a technical standpoint, USD/JPY is showing signs of further upside. The pair has been testing key resistance levels, and if these levels are broken, we could see a more significant bullish move. The recent price action has shown strength, with USD/JPY consistently finding support at higher lows.
Traders should watch for a potential breakout above these resistance zones, as it could signal further gains for USD/JPY. With strong fundamentals supporting the pair, the technical outlook aligns with the overall bullish bias.
Key SEO keywords: USD/JPY technical analysis, key resistance levels, USD/JPY price action, bullish trend, support and resistance.
Conclusion: Bullish Bias Expected for USD/JPY
In conclusion, several fundamental and technical factors support a slightly bullish bias for USD/JPY over the next couple of weeks. The ongoing strength of the U.S. dollar, the dovish stance of the Bank of Japan, favorable interest rate differentials, and Japan’s economic challenges all point towards further upside potential for USD/JPY.
Traders and investors should closely monitor these key drivers as they make their trading decisions. As always, staying updated on central bank policies, economic data, and technical signals will be crucial in navigating the USD/JPY price action during this period.
Key SEO keywords: USD/JPY forecast, bullish bias, USD/JPY key drivers, US dollar strength, Bank of Japan policy, interest rate differential, USD/JPY technical analysis.
USDJPY Finds Balance, Upside Target Remains 115Hello traders.
USDJPY appears to have found balance around the 113.5 area. As such, further upside may be anticipated.
Looking for buying opportunities remains the preferred strategy at this time.
A clear break above the 114.40 should put sights to the 115-115.5 area.
USDJPY Short-term Technical OutlookThese technical outlooks are NOT trade ideas, they are simply technical analysis to give traders a DIRECTIONAL BIAS on the day.
Good evening traders!
This pair staged a sharp recovery off the 116 lows in the latter days of the 2016 year, however a sustained break above the 118.24 resistance level is required to clear the way to the previous swing high and the possibility for new highs.
Below 118.24 see lower pricing.
A break below key support at 117 is required to expose any further downside on this pair.
I hope this offers some directional clarity on this pair.
Enjoy!