USD/JPY Price Forecast: Rebounds towards 159.00 as bulls target 160.00
The USD/JPY resumes its upward trajectory after testing the 20-day Simple Moving Average (SMA) at 158.10 on Monday, rising towards 159.00, posting gains of over 0.14%.
  • USD/JPY rebounds from 20-day SMA, resuming short-term bullish trajectory
  • RSI turns higher above 50, signaling renewed upside momentum strength
  • Break above 159.00 opens path toward 159.50 and 160.00 levels

The USD/JPY resumes its upward trajectory after testing the 20-day Simple Moving Average (SMA) at 158.10 on Monday, rising towards 159.00, posting gains of over 0.14%.

USD/JPY Price Forecast: Technical Outlook

The USD/JPY remains bullish-biased, even though Monday’s reversal opened the door to testing lower prices, such as the March 5 pivot low at 156.45. A day ago, bullish momentum was fading, but as of writing, the Relative Strength Index (RSI) is aiming higher, above its neutral 50-neutral level.

If USD/JPY ends the day above 159.00, expect a test of 159.50, followed by 160.00. Nevertheless, fears of a possible intervention by Japanese authorities could keep the pair trading sideways.

On the downside, the USD/JPY first support would be the 20-day SMA at 158.10. A breach of the latter will expose 157.50, followed by the 157.00 figure, and the March 5 cycle low at 156.45. Once those two levels are taken out, the next support is the 100-day SMA at 156.20.

USD/JPY Price Chart – Daily

USD/JPY Daily Chart

Japanese Yen Price This week

The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies this week. Japanese Yen was the strongest against the Canadian Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.70% -0.83% -0.52% 0.20% -0.11% -0.45% -0.08%
EUR 0.70% -0.12% 0.18% 0.92% 0.58% 0.27% 0.63%
GBP 0.83% 0.12% 0.26% 1.04% 0.73% 0.38% 0.68%
JPY 0.52% -0.18% -0.26% 0.70% 0.41% 0.05% 0.35%
CAD -0.20% -0.92% -1.04% -0.70% -0.29% -0.65% -0.29%
AUD 0.11% -0.58% -0.73% -0.41% 0.29% -0.34% -0.04%
NZD 0.45% -0.27% -0.38% -0.05% 0.65% 0.34% 0.30%
CHF 0.08% -0.63% -0.68% -0.35% 0.29% 0.04% -0.30%

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).

超过一百万用户依赖 FXStreet 获取实时市场数据、图表工具、专家洞见和外汇新闻。其全面的经济日历和教育网络研讨会帮助交易者保持信息领先、做出审慎决策。FXStreet 拥有约 60 人的团队,分布在巴塞罗那总部及全球各地区。
阅读更多

实时报价

名称 / 代码
图表
涨跌幅 / 价格
GBPUSD
1日涨跌幅
+0%
0
EURUSD
1日涨跌幅
+0%
0
USDJPY
1日涨跌幅
+0%
0

关于 FOREX 的一切

探索更多工具
交易学院
浏览涵盖交易策略、市场洞察和金融基础知识的广泛教育文章,一站式学习。
了解更多
课程
探索结构化的交易课程,旨在支持您在交易旅程的每个阶段的成长。
了解更多
网络研讨会
参加现场和点播网络研讨会,从行业专家那里获得实时市场洞察和交易策略。
了解更多