USD/JPY Still in Wait & See ModeUSD/JPY traded within a limited range during today's Asian session, failing to break through the 159.00 level but remaining above the critical 158.00 level.
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✅ Key Catalysts: Lebanon Tensions & the Strait of
U.S. Dollar / Japanese Yen
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About U.S. Dollar / Japanese Yen
Also known as trading the “gopher” the USDJPY pair is one of the most traded pairs in the world. The value of these currencies when compared to each other is affected by the interest rate differential between the Federal Reserve and the Bank of Japan.
Related currencies
USDJPY Short Trade IdeaDirection: Short
Entry: 159.408
Stop-Loss: 69 points (0.069) above entry
➡️ SL = 0.438 %
Risk-Reward: 1 : 2.35
USDJPY has reacted strongly from the premium supply zone and is showing signs of exhaustion near the upper trendline of the descending structure.
Current price action suggests a potential
USD/JPY experienced a sudden sell-offUSD/JPY experienced a sudden sell-off after hitting a new high since July 2024 in the 160.30s.
Although the four-day uptrend was halted with a decline to the 159.65 area, the technical structure suggests that this weakening remains corrective as long as key support levels remain unbroken.
✅ Main C
USDJPY_WUSD/JPY Monthly Elliott Wave Analysis
Based on the Elliott Wave structure on the monthly timeframe, USD/JPY appears to be trading within a major Wave 3. This larger Wave 3 is composed of five internal sub-waves, and price action currently seems to be developing within Sub-wave 5.
In the short term
USD/JPY: Stuck in the Red Zone & Japan's Stagflation ThreatUSD/JPY broke its three-day uptrend in today's Asian session, trading around 159.50 (down 0.15%). Although the US dollar experienced a moderate correction, USD/JPY's weakness was restrained by Japan's fragile fundamentals due to the global energy crisis.
✅ Intervention Risk: Psychological Level 160
Double Bottom - Bullish ContinuationOverview
The chart shows a Double Bottom (W pattern) , indicating a potential shift from a bearish trend to a bullish market structure.
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Concept
A Double Bottom forms when price creates two similar lows at a key support level, showing
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The current rate of USDJPY is 159.243 JPY — it has increased by 0.16% in the past 24 hours. See more of USDJPY rate dynamics on the detailed chart.
The value of the USDJPY pair is quoted as 1 USD per x JPY. For example, if the pair is trading at 1.50, it means it takes 1.5 JPY to buy 1 USD.
The term volatility describes the risk related to the changes in an asset's value. USDJPY has the volatility rating of 0.32%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The USDJPY showed a −0.22% fall over the past week, the month change is a 0.19% rise, and over the last year it has increased by 10.26%. Track live rate changes on the USDJPY chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
USDJPY is a major currency pair, i.e. a popular currency paired with USD.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade USDJPY right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with USDJPY technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the USDJPY shows the buy signal, and 1 month rating is strong buy. See more of USDJPY technicals for a more comprehensive analysis.









