USD/JPY: Sideways trade with upside risk capped – UOB
United Overseas Bank’s (UOB) strategists Quek Ser Leang and Lee Sue Ann expect USD/JPY to remain range-bound after recent volatility. For the day, the pair is seen between 158.50 and 159.20, with flat momentum indicators. Over 1–3 weeks, UOB projects a 157.55–160.50 band.

United Overseas Bank’s (UOB) strategists Quek Ser Leang and Lee Sue Ann expect USD/JPY to remain range-bound after recent volatility. For the day, the pair is seen between 158.50 and 159.20, with flat momentum indicators. Over 1–3 weeks, UOB projects a 157.55–160.50 band.

Dollar-Yen volatility gives way to consolidation

"24-HOUR VIEW: USD traded in a volatile manner last Friday and early yesterday. When it was at 159.10, we indicated that “the outlook is unclear after the volatile swings.” We also indicated that USD “could trade between 158.20 and 159.60.” USD subsequently traded between 158.54 and 159.20, closing modestly higher by 0.11% at 158.79. Momentum indicators are mostly flat, and we expect USD to trade between 158.50 and 159.20 today."

"1-3 WEEKS VIEW: After the volatile trade last Friday, we indicated yesterday (20 Apr, spot at 159.10) “we are not able to derive much from the volatile price action.” We also indicated that “for the time being, USD could trade between 157.55 and 160.50.” There is no change in our view."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)

Higit sa isang milyong user ang umaasa sa FXStreet para sa real-time market data, charting tools, expert insights, at Forex news. Ang komprehensibong economic calendar at educational webinars nito ay tumutulong sa mga trader na manatiling may alam at gumawa ng kalkuladong mga desisyon. Sinusuportahan ang FXStreet ng humigit-kumulang 60 propesyonal sa pagitan ng Barcelona HQ at iba’t ibang rehiyon sa buong mundo.
Magbasa pa

LIVE QUOTES

Pangalan / Simbolo
Tsart
% Pagbabago / Presyo
NVDA/NAS
1 araw na pagbabago
+0%
0
ON/NAS
1 araw na pagbabago
+0%
0
MSFT/NAS
1 araw na pagbabago
+0%
0

LAHAT TUNGKOL SA TECHNICAL

Galugarin ang Higit pang mga Tool
Trading Academy
Mag-browse ng malawakang hanay ng mga educational na artikulo na sumasaklaw sa mga trading strategy, market insights, at financial fundamentals, lahat sa isang lugar.
Matuto pa
Mga Kurso
Galugarin ang mga structured na trading course na idinisenyo upang suportahan ang inyong paglago sa bawat yugto ng inyong trading journey.
Matuto pa
Webinar
Sumali sa mga live at on-demand na webinar upang makakuha ng real-time na market insights at trading strategies mula sa mga eksperto sa industriya.
Matuto pa