USD/JPY Price Forecast: Holds around 159.00, nearly three-week top amid geopolitical risks
The USD/JPY pair trades with positive bias for the seventh straight day and is currently placed around its highest level in nearly three weeks, with bulls looking to extend the momentum beyond the 159.00 mark.
  • USD/JPY attracts buyers for the seventh straight day amid the underlying USD bullish tone.
  • Geopolitical uncertainties and Fed rate hike bets assist the USD in regaining positive traction.
  • Economic risks due to the Middle East crisis undermine the USD despite upbeat Q1 GDP.

The USD/JPY pair trades with positive bias for the seventh straight day and is currently placed around its highest level in nearly three weeks, with bulls looking to extend the momentum beyond the 159.00 mark.

The US Dollar (USD) regains positive traction amid persistent geopolitical uncertainties and bets that the US Federal Reserve (Fed) will hike interest rates by the end of this year. Furthermore, economic concerns stemming from the Middle East conflict undermine the Japanese Yen (JPY) and act as a tailwind for the USD/JPY pair. The uptick seems unaffected by Japan’s upbeat Q1 GDP and intervention fears, suggesting that the path of least resistance for spot prices is to the upside.

From a technical perspective, the USD/JPY pair maintains a bullish near-term bias above the 158.55 confluence – comprising the 200-period Simple Moving Average (SMA) on the 4-hour chart and the 61.8% Fibonacci retracement level of the April-May fall. That said, the Relative Strength Index (14) at 73.34 sits in overbought territory, hinting at stretched upside conditions, while the Moving Average Convergence Divergence (MACD) has slipped marginally into negative territory.

Momentum indicators, in turn, suggest that upward momentum is starting to wane even as the price action remains supported. Hence, any subsequent move up might confront immediate resistance at the 78.6% Fibo. retracement at 159.49, followed by the 160.00 psychological mark and the cycle high area at 160.72.

On the downside, the 158.55 confluence might continue to offer initial support. A convincing break below there would expose the 50% retracement at 157.86, with further downside levels emerging at 157.18 and 156.35 before the broader structural floor near 154.99.

(The technical analysis of this story was written with the help of an AI tool.)

USD/JPY 4-hour chart

Chart Analysis USD/JPY

Japanese Yen Price Last 7 Days

The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies last 7 days. Japanese Yen was the strongest against the New Zealand Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD 1.22% 1.49% 1.18% 0.53% 1.65% 1.86% 1.00%
EUR -1.22% 0.24% -0.15% -0.71% 0.41% 0.64% -0.24%
GBP -1.49% -0.24% -0.36% -0.96% 0.18% 0.41% -0.47%
JPY -1.18% 0.15% 0.36% -0.62% 0.48% 0.59% -0.13%
CAD -0.53% 0.71% 0.96% 0.62% 1.06% 1.21% 0.47%
AUD -1.65% -0.41% -0.18% -0.48% -1.06% 0.27% -0.64%
NZD -1.86% -0.64% -0.41% -0.59% -1.21% -0.27% -0.91%
CHF -1.00% 0.24% 0.47% 0.13% -0.47% 0.64% 0.91%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Japanese Yen from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent JPY (base)/USD (quote).

يعتمد أكثر من مليون مستخدم على FXStreet للحصول على بيانات سوقية لحظية، وأدوات رسوم بيانية، ورؤى خبراء، وأخبار الفوركس. يساعد تقويمهم الاقتصادي الشامل والندوات التعليمية عبر الويب المتداولين على البقاء على اطلاع واتخاذ قرارات محسوبة. لدى FXStreet فريق يضم حوالي 60 محترفًا موزعين بين مقر برشلونة ومناطق عالمية مختلفة.
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أسعار مباشرة

الاسم / الرمز
الرسم البياني
نسبة التغيير / السعر
GBPUSD
تغيير يوم واحد
+0%
0
EURUSD
تغيير يوم واحد
+0%
0
USDJPY
تغيير يوم واحد
+0%
0

كل شيء عن FOREX

استكشف المزيد من الأدوات
أكاديمية التداول
تصفح مجموعة واسعة من المقالات التعليمية التي تغطي استراتيجيات التداول ورؤى السوق والأساسيات المالية، كل ذلك في مكان واحد.
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الدورات
استكشف دورات التداول المنظمة المصممة لدعم نموك في كل مرحلة من مراحل رحلة التداول الخاصة بك.
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الندوة الإلكترونية
انضم إلى الندوات الإلكترونية المباشرة وحسب الطلب للحصول على رؤى السوق في الوقت الفعلي واستراتيجيات التداول من خبراء الصناعة.
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