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 Skyrockets: Bullish Breakout Sparks Target of 160+ – Key Outlook and Strategy**

USD/JPY continues its bullish run, breaking above 155.00 amid robust dollar strength and favorable technicals. Key support at 153.60 supports the upside momentum, with resistance eyed near 160.20. Indicators suggest sustained bullish momentum, but watch for overbought signals and institutional selling pressure near round numbers. Short to medium-term outlook favors upside continuation, anchored by macro factors driving USD strength. #Forex #USDJPY #TechnicalAnalysis

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