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.
Bank of Japan keeps policy steady amid a weakening yen, holding short-term rates at -0.1% and maintaining bond purchases. Market eyes future signals as inflation stays subdued but imported costs rise. BoJ remains vigilant, ready to act if needed. #BoJ #Yen #MonetaryPolicy
The US dollar strengthened following stronger-than-expected Q2 GDP growth at 2.4% and a 2.6% rise in the June PCE inflation index. Markets now anticipate the Fed maintaining higher interest rates longer, pushing the Dollar Index higher and Treasury yields up. Full analysis by Mitrade News Team: https://www.mitrade.com/au/insights/news/live-news/article-1-998733-20250731
USD/JPY is currently in a corrective consolidation phase after peaking near 151.89. Mid-day technicals show slight bearish momentum, with key supports at 147.27 and 146.47 critical to watch. A break above 149.99 could resume the broader uptrend. Traders should monitor RSI, MACD, and moving averages for clues on the next directional move. Full analysis at ActionForex.com.
USD/JPY edges lower ahead of the Fed’s interest rate decision this week. With no expected rate change but an eye on inflation data and economic resilience, markets await Fed guidance on future cuts. Meanwhile, BoJ’s cautious stance adds complexity to the pair’s outlook. #Forex #USDJPY #FedDecision
USD/JPY dips ahead of the Federal Reserve’s rate decision as traders brace for potential policy shifts. Markets expect rates to hold at 5.25-5.5%, but Fed commentary could signal future cuts. Meanwhile, the yen’s direction remains uncertain amid BOJ’s cautious stance. #Forex #USDJPY #FedDecision
USD/JPY is consolidating after a strong rally, aiming to establish a higher low—a key bullish signal. With support near 154.70–154.00 and resistance near 155.60–157.00, the pair may resume its upward trend if current corrections hold. Traders should watch for confirmation of this technical setup. #ForexAnalysis #USDJPY
USD/JPY shows signs of forming a rising low near 156.65, maintaining a medium-term bullish trend above the 50-day EMA. Watch for a break above 158.20 to confirm upward momentum; below 156.65 risks deeper correction. Fed hawkishness vs. BoJ easing supports this setup. #Forex #USDJPY #TechnicalAnalysis
USD/JPY eyes establishing a higher support near 156.50 amid steady bullish momentum. Breaking 157.40 resistance could unlock further gains toward 158.30 and 160. Watch key technical levels and Fed-BoJ policy diverging impacts closely for medium-term trend direction. #Forex #USDJPY
USD/JPY is testing key support levels to form a higher low, aiming to resume its bullish trend driven by strong USD fundamentals and divergence in U.S.-Japan monetary policy. Technicals suggest a corrective pullback, setting the stage for potential upside above 160. #ForexAnalysis #USDJPY
Following the new US-EU trade deal, the USD shows signs of weakening as risk sentiment improves. EUR/USD breaks resistance, eyeing 1.1040, while USD/JPY lacks momentum near key support. Traders should watch major levels: 1.0950 & 1.0820 for EUR/USD, and 145.60 & 143.80 for USD/JPY.
