Economic Calendar
Elevated levels of price swings may occur if any fundamental data from the United States are released with a significant deviation from forecasted numbers.
USD/JPY hourly chart analysis
The FX pair is currently trading within the 152.000 to 151.000 range. Further bearishness in the USD/JPY currency pair could push the price down towards 146.420. A bullish recovery towards 154.000 can be considered if bullish momentum occurs.Hourly Chart
USD/JPY daily candle chart analysis
On the daily chart, the Fibonacci retracement level of 38.2% may be tested as a support level in the near term. If the price holds at this level, bullishness towards 160.000 could be plausible.
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Traders sentiment mixed
Traders' sentiment is mixed, with long positions making up the majority at 55%, while 45% represent the short side. However, no significant bias related to USD/JPY has occurred.
Traders' sentiment is mixed, with long positions making up the majority at 55%, while 45% represent the short side. However, no significant bias related to USD/JPY has occurred.