USD/JPY recovers above 150.000

Note: This section contains information in English only.
Source: Dukascopy Bank SA
USD/JPY saw a recovery in price last week, pushing the price above 150.000.

Economic Calendar



Volatility is not expected this week for this currency pair, although multiple economic data releases could influence overall volatility levels.



USD/JPY hourly chart analysis

Short-term bullish momentum could push the FX pair above the 151.000 price level. If bullishness does not occur, further price movement toward 145.000 could be a possibility.

Hourly Chart

USD/JPY daily candle chart analysis

On the daily chart, the 50.0% Fibonacci retracement level may be tested as a support level in the near term. If the price holds at this level, a bullish move toward 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 54%, while 46% represent the short side. However, no significant bias related to USD/JPY has occurred.

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