USD/JPY

Around 13.5% of daily trades. Known as “Gopher,” this pair is popular for its stability and low spreads, influenced by U.S. and Japanese monetary policies.

USD/JPY

USD/JPY Bulls Hold Steady: Key Levels and Outlook as Market Consolidates

USD/JPY remains in a consolidative phase below resistance at 157.70 amid a bullish medium-term trend. Key supports at 155.71 and 153.59 hold focus; a break above 157.70 could aim for 160.00+, while slips below support suggest a correction. Fed’s hawkish stance vs. BoJ dovish policy fuels upward momentum. #Forex #USDJPY #TradingAnalysis

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