USD/JPY Price Forecast: Hurdles 159.00 but upside capped on intervention fears
The USD/JPY recovers some ground, rising by over 0.25%, as buyers ignore the intervention zone, with the pair clearing the 159.00 figure and aiming to challenge the 159.50 area. At the time of writing, the pair trades at 159.38.
  • USD/JPY clears 159.00 after bouncing from 50-day SMA support.
  • RSI remains bullish, but intervention fears cap upside momentum.
  • Break below 159.00 exposes 158.78 and 157.62 supports.

The USD/JPY recovers some ground, rising by over 0.25%, as buyers ignore the intervention zone, with the pair clearing the 159.00 figure and aiming to challenge the 159.50 area. At the time of writing, the pair trades at 159.38.

USD/JPY Price Forecast: Technical outlook

Price action shows the USD/JPY is poised to consolidate further within the 159.00-160.00 area, even though further upside is seen, after the pair bounced off the 50-day Simple Moving Average (SMA) at 158.79, extending its gains past 159.00.

Momentum, although bullish with the Relative Strength Index (RSI) above its 50-neutral level, remains capped by fears for a possible intervention by Japanese authorities in the FX markets.

On the downside, if USD/JPY moves below 159.00, traders could eye the 50-day SMA at 158.78. Below this level lies the 100-day SMA at 157.62, ahead of the May 6 low of 155.04.

USD/JPY Price Chart – Daily

USD/JPY daily chart

Japanese Yen Price Today

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

USD EUR GBP JPY CAD AUD NZD CHF
USD 0.13% 0.43% 0.25% 0.07% 0.06% 0.61% 0.36%
EUR -0.13% 0.34% 0.15% -0.02% -0.03% 0.51% 0.24%
GBP -0.43% -0.34% -0.17% -0.36% -0.36% 0.17% -0.08%
JPY -0.25% -0.15% 0.17% -0.17% -0.17% 0.34% 0.13%
CAD -0.07% 0.02% 0.36% 0.17% 0.01% 0.54% 0.29%
AUD -0.06% 0.03% 0.36% 0.17% -0.01% 0.53% 0.29%
NZD -0.61% -0.51% -0.17% -0.34% -0.54% -0.53% -0.25%
CHF -0.36% -0.24% 0.08% -0.13% -0.29% -0.29% 0.25%

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).

 

Plus d’un million d’utilisateurs se tournent vers FXStreet pour des données de marché en temps réel, des outils de graphiques, des analyses d’experts et des actualités Forex. Leur calendrier économique complet et leurs webinaires éducatifs aident les traders à rester informés et à prendre des décisions éclairées. FXStreet s’appuie sur une équipe d’environ 60 professionnels répartis entre le siège de Barcelone et diverses régions du monde.
Lire la suite

COTATIONS EN DIRECT

Nom / Symbole
Graphique
% Variation / Prix
GBPUSD
Variation 1 jour
+0%
0
EURUSD
Variation 1 jour
+0%
0
USDJPY
Variation 1 jour
+0%
0

TOUT SUR FOREX

Explorer Plus d'Outils
Académie de Trading
Parcourez une large gamme d'articles éducatifs couvrant les stratégies de trading, les perspectives de marché et les fondamentaux financiers, le tout en un seul endroit.
En Savoir Plus
Cours
Explorez des cours de trading structurés conçus pour soutenir votre croissance à chaque étape de votre parcours de trading.
En Savoir Plus
Webinaire
Rejoignez des webinaires en direct et à la demande pour obtenir des perspectives de marché en temps réel et des stratégies de trading d'experts de l'industrie.
En Savoir Plus