U.S. Dollar / Japanese YenUpdated USDJPY continues to explode day by day.
Let's explore and discuss the USD JPY market today with Selena!
Currently, USDJPY is maintaining its strong momentum as it continues to rise, trading at 149.85 and approaching the psychological level at 150.00. The widespread strength of the US dollar, coupled with the steady interest rates of the US Treasury bonds, continues to support this currency pair.
On the technical side:
On the 1-hour chart, the upward trend remains stable, with UJ showing some sideways movement before nearing the important level of 150.00. There is a possibility of a slight correction towards 149.42 today before resuming its upward movement.
Currently, USDJPY is maintaining its strong momentum as it continues to rise, trading at 149.85 and approaching the psychological level at 150.00. The widespread strength of the US dollar, coupled with the steady interest rates of the US Treasury bonds, continues to support this currency pair.
On the technical side:
On the 1-hour chart, the upward trend remains stable, with UJ showing some sideways movement before nearing the important level of 150.00. There is a possibility of a slight correction towards 149.42 today before resuming its upward movement.
Note
UJ is DownTrade closed manually
Note
New update about 4h frame
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.