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.
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.