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.
The USD/JPY pair fell below 147 for the first time in over a month, driven by weak U.S. labor market data and rising Fed rate cut expectations. With job openings hitting a 3-year low, traders anticipate earlier policy easing, boosting the yen and pressing the dollar lower. Technicals confirm bearish momentum—watch key support near 145.
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US dollar weakens against the euro, yen, and Aussie ahead of key US economic data. EUR/USD eyes 1.0950 resistance as bullish momentum builds. USD/JPY tests support near 155 amid BoJ policy divergence and market intervention talks. AUD/USD also benefits from rising risk appetite. #Forex #USD #EURUSD #USDJPY #AUDUSD
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UOB Group analysts consider the recent sharp USD/JPY decline as excessive, noting no fundamental shifts to justify the move. Technical indicators point to an oversold condition with potential stabilization ahead unless new catalysts emerge. Caution advised amid market volatility. #Forex #USDJPY
USD/JPY remains bullish, testing the key 150.00 level amid strong US economic data and BoJ’s ultra-loose policy. With RSI overbought, a pullback or consolidation may be near, but wider US-Japan rate differentials keep the dollar favored. Watch for potential BoJ intervention above 150.00. #Forex #USDJPY #BoJ #FederalReserve
USD/JPY has resumed its bearish trajectory, dropping below key support at 146.50 and trading under the 50-day EMA. Momentum indicators signal growing downside pressure with immediate support near 145.40 and further targets at 144.20 and 143.00. Traders should monitor price action for potential continuation or consolidation ahead. #Forex #USDJPY #TechnicalAnalysis
USD/JPY extends rally to 11 sessions, hitting 150.16 amid soaring US Treasury yields and Fed’s hawkish outlook. BoJ’s ultra-loose policy keeps yen weak, raising intervention concerns as divergence widens. #Forex #USDJPY #BoJ #Fed
USD/JPY drops below 147 as markets price in potential Bank of Japan tightening amid rising inflation and policy signals. Fed rate outlook remains uncertain, adding pressure on the dollar. Investors eye upcoming economic data for fresh cues. #Forex #USDJPY #BOJ
USD/JPY breaks below 147 amid growing bets on BOJ tightening. Yen gains ground as Japan signals potential shift from ultra-dovish policy, supported by rising inflation and wage growth. Meanwhile, USD softens with Fed rate hike expectations cooling. #Forex #USDJPY #BOJ
