USD/JPY moves below 152.000

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Continuing the previous week's trend, the USD/JPY has continued to show a decrease in price, primarily due to dollar strength, reaching a level of 151.500.

Economic Calendar



Higher levels of volatility may occur this week; however, it should not be anticipated.



USD/JPY hourly chart analysis

The FX pair is trading within the 152.000–151.000 price level. A push towards 154.000 should be considered; however, if the 151.000 support is broken, further price discovery towards 145.000 could occur.

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.

Daily chart


Traders sentiment mixed







Continuing previous week, 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.

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