USD/JPY outlook

Note: This section contains information in English only.
Source: Dukascopy Bank SA
USD/JPY has seen a slight recovery from 146.000 above 148.000.

Economic Calendar



Higher volatility may occur this week due to economic data releases from Japan and United States, which could impact the price.



USD/JPY hourly chart analysis

Sideways trading could occur in the short term which would lead to a trading range from 148.1000 to 150.00.

Hourly Chart

USD/JPY daily candle chart analysis

On the daily chart, the 61.80% Fibonacci retracement level may be tested multiple times as a support level in the near term. If the price holds at this level, a bullish move toward 160.00 could be plausible.

Daily chart


Traders sentiment mixed







Continuing previous week, traders' sentiment is mixed, with long positions making up the majority at 59%, while 41% represent the short side. However, no significant bias related to USD/JPY has occurred.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.