USD/JPY Approaches 158 Amid Fed Probe
The USD/JPY cross is currently positioned between 157.7 and 158.2, reaching one-year highs and approaching the peak observed in January 2025. The price action indicates a clear and sustained uptrend: daily closes are consistently above the 21-day SMA near 156.5 and the 100-day SMA around 152.7. Additionally, momentum indicators such as RSI at approximately 62 … Read more