USDJPY Analysis
| Performance after Monday | |||||
| Period | Pct | Chg | Momentum | ||
| Monday | 0.15% | 22.7 Pips |  |
||
| Week to-date | 0.15% | 22.7 Pips |  |
||
| April | 0.35% | 53.3 Pips | |
||
Upcoming key events (London Time)
Wed 01:30 PM USD CPI Inflation Rate (1-mth) Wed 01:30 PM USD CPI Inflation Rate (12-mth) Wed 07:00 PM USD FOMC Meeting Minutes
What happened lately
No major activities.
Latest from X (Twitter)
What can we expect from USDJPY today?
USDJPY on Monday rose 0.15% to 151.84. Price is above 9-Day EMA while Stochastic is rising.
Updated daily direction for USDJPY looks bullish as the pair ended higher after Monday trading session.
Looking ahead for the day, immediate upside resistance level is R1 at 151.96 with break above could target R2 at 152.09. While towards the downside, we are looking at daily low of 151.67 as an important support. Break below this level could weaken the current bullish momentum. A break above 151.94 would suggest bullish bias after recent positive movement.
For the week to-date, take note that USDJPY is mixed as compared to prior week.
Key levels to watch out:
| R3 | 152.24 |
| R2 | 152.09 |
| R1 | 151.96 |
| Daily Pivot | 151.82 |
| S1 | 151.69 |
| S2 | 151.54 |
| S3 | 151.41 |
