Japanese yen

USD/JPY has shown a higher-low on the daily chart and at this point it seems to have evaded much of the tariff drama that’s engulfed other USD-pairs.

USD/JPY has lost nearly 1% of its value over the last two trading sessions, allowing the Japanese yen to regain ground against the U.S. dollar.

Yen-weakness is showing prominently against both the Euro and British Pound after the BoJ rate hike, and USD/JPY has held a major spot of support at 155.00.

The USD/JPY has lost more than 1.5% of its value over the last six trading sessions, allowing the Japanese yen to regain ground against the prolonged bullish trend favoring the US dollar.

US Dollar plunged through support this week with a break of the monthly range threatening further losses. Battle lines drawn on the USD/JPY short-term technical charts.

USD/JPY turned from trend resistance after a five-week hold. Support now in view heading into Trump’s inauguration. Battle lines drawn on the weekly technical chart.

USD/JPY had a bullish response to the December FOMC rate decision and the pair is fast approaching a big spot of longer-term resistance at the 160.00 handle.

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USD/JPY set a lower-high last week even as DXY spiked up to a fresh two-year-high. And there’s now a short-term descending triangle formation setting up in the pair.

Yen weakness has hung around and USD/JPY and GBP/JPY both retain bullish appeal. But for those looking for Yen-strength, perhaps in anticipation of next month’s policy review from the BoJ, EUR/JPY could hold greater attraction.

US Dollar reversed off technical resistance last week with USD/JPY now testing initial trend support. Battle lines drawn on the USD/JPY short-term technical charts.

USD/JPY is poised to snap a four-week rally with an outside-weekly reversal threatening a larger pullback. Battle lines drawn on the weekly/daily technical charts.

USD/JPY surged 10% off the yearly low with the bulls relenting at key resistance ahead of US elections / FOMC. Battle lines drawn on the short-term technical charts.

USD/JPY surged nearly 9.7% off the yearly low with the rally now at pivotal resistance into the monthly close. Battle lines drawn on the weekly/daily technical charts.

Yen-weakness has remained through Japanese general elections and both EUR/JPY and GBP/JPY have put in clean breakout moves from ascending triangle formations.

The 150 level had held as resistance in USD/JPY until this week’s US open, at which point another DXY-fueled breakout appeared. The next major level up is the same that held multi-year highs in the pair in Q4 of each of the past two years.

For FX traders the USD/JPY backdrop has been full of intrigue for the past couple years, and that story isn’t yet over as the pair nears the spot that’s been the scene of some major drama in the pair after the build of the carry.