The most active trading sessions for the USD/JPY take place in Tokyo, London and New York. Day traders look mostly to the London and New York sessions but those trading wishing to trade on the Asian markets can do so between 2400 GMT - 0900 GMT.
USD/JPY has traditionally been the most politically sensitive currency pair, with successive U.S. governments using the exchange rate as a lever in trade negotiations with Japan. For day-to-day trading, the most significant feature of USD/JPY is the heavy influence exerted by Japanese institutional investors and asset managers.
The USD/JPY has recently dipped below 101.00. Read the Daily Forex USD to Japanese Yen forecast and get access to the most up-to-date statistics, analyses and economic events regarding the USD/JPY.
Most Recent
After four trading sessions in a row, the USD/JPY currency pair moved on its impact, amid profit-taking sales, and it moved towards the 126.92 level.
Despite three consecutive trading sessions, during which the price of the USD/JPY was subjected to sell-offs, it moved towards the support level 126.92 and settled around 127.20 at the time of writing the analysis.
Expectations of raising US interest rates strongly during 2022 still support strong gains for the US dollar against the rest of the other major currencies.
Top Forex Brokers
Despite the halt of the recent sharp gains of the USD/JPY currency pair, the general trend is still bullish, as last week’s gains reached the currency pair’s 129.40 resistance level
The US dollar rallied on Friday as we continue to reach fresh highs.
The bullish trajectory of the price of the US dollar against the Japanese yen continued, stable with gains around its highest in 20 years.
For more than a month, the price of the USD/JPY currency pair has been moving in a strong uptrend range amid a strong investor abandonment of the Japanese yen.
Amid an interesting performance, the Japanese yen dropped to a two-decade low by midweek trading as the USD/JPY pair made gains
For three trading sessions in a row, the bulls are settling in the price of the USD/JPY currency pair around the resistance level at 125.75, the highest in six years.
Bonuses & Promotions
Amidst a sharp upward momentum, the price of the US dollar against the Japanese yen (USD/JPY) currency pair is receiving the announcement of US inflation figures today.
The USD/JPY is touching new long-term highs, and technical traders who are considering direction may feel as if they are looking into the clouds for answers.
In the same vicinity of the closing of last week’s trading, the price of the USD/JPY currency pair settled at the beginning of this week’s trading,
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.The price of the US dollar continued to rise against the rest of the other major currencies.
Since the start of this week's trading, the price of the USD/JPY currency pair has been moving in the same path as the closing of last week's trading.
Investors balance the economic performance and the future of monetary policy tightening by central banks which is still in favor of more strength in the price of the US dollar against the Japanese yen