The USD/JPY has transitioned from a straightforward carry trade to a complex political landscape. The pair experienced a reversal exceeding 300 pips, moving from the peak of 159.22 down to approximately 156.18–156.40 within a single trading session. Selling intensified following reports that Japan’s Ministry of Finance conducted a “rate check”, reaching out to banks for … Read more
The USD/JPY cross is currently positioned in a delicate balance following a week characterized by significant volatility influenced by central bank communications, political developments, and discussions of intervention. The price has been fluctuating between support levels in the range of 156.0–157.0 and encountering resistance in the zone of 159.0–161.9. A surge to approximately 159.2 following … Read more
The USD/JPY chart illustrates a struggle to maintain levels above 157.70–157.80, accompanied by a persistent consolidation near 156.30. The price advanced towards 157.80 but faced a strong rejection, subsequently retreating into the 155.85–156 range during the European session, negating a significant portion of the movement from 156.30. Throughout the day, the pair continues to fluctuate … Read more
The USD/JPY pair is currently positioned between 156.0 and 156.2, reflecting a decline of approximately 0.3% for the day following the recent Bank of Japan Summary of Opinions. The price has fallen below the nine-day EMA at approximately 156.19 and is currently positioned just above the initial support cluster in the range of 155.96–156.00. During … Read more
Toward the end of 2025, USD/JPY is positioned near the year’s peaks, reflecting a distinct bullish trend stemming from the prolonged carry trade, yet it is beginning to exhibit signs of weakening momentum. The pair has been fluctuating for nearly two years within a broad range of approximately 140 yen to 160 yen per dollar, … Read more
The USD/JPY is currently positioned in the mid-156 range, having retreated from a year-to-date high near 157.83 and consistently struggling to maintain levels above the 157–158 range. The rejection zone now establishes the upper boundary of a distinct double-top formation on the daily chart, with a neckline positioned around 154.42 and further trend support near … Read more
USD/JPY commenced 2025 at approximately 157.00, experienced a brief decline below 140.00 in April, and subsequently spent the remainder of the year steadily increasing, concluding December near 156.00, which is roughly 1% lower than its starting point. The trajectory was far from smooth: an April downturn influenced by tariffs and disappointing US data, a significant … Read more
The USD/JPY pair has transitioned from a narrative of breakout potential to a critical examination of its support levels. The pair surged to approximately 157.765 on December 19, nearing an almost 11-month peak close to 158.00, before retreating to the 155.80–156.40 range. The decline completely wiped out the gains from the post-BoJ policy rally, establishing … Read more
The tape is exhibiting behavior indicative of a market that aspires for elevated levels, yet is compelled to adhere to established risk parameters. The USD/JPY pair advanced to the 157.75 level, subsequently retracing approximately 50 pips to around 157.25 following the reactivation of intervention strategies by Japan’s leading currency authorities. The pair is currently fluctuating … Read more
The Bank of Japan has made a significant move by raising its short-term rate from 0.50% to 0.75%, marking the highest level in approximately thirty years, and this decision was reached by unanimous vote. Headline inflation stands at approximately 2.9%, with core inflation nearing 3.0%, significantly exceeding the Bank of Japan’s 2% target. Despite this, … Read more