![](https://i.ibb.co/NFtk9WJ/USDJPY.png)
USDJPY Analysis
Tuesday | |||
Open | High | Low | Close |
131.39 | 132.63 | 131.01 | 132.36 |
Performance after Tuesday | |||||
Period | Pct | Chg | Momentum | ||
Tuesday | 0.82% | 108.1 Pips | ![]() |
||
Week to-date | 0.42% | 55.8 Pips | ![]() |
||
March | -2.79% | -380.1 Pips | ![]() |
Upcoming key events (London Time)
Wed 06:00 PM USD Fed Interest Rate Decision (Federal Funds Rate)
Wed 06:00 PM USD FOMC Monetary Policy Statement
Wed 06:30 PM USD FOMC Press Conference
What happened lately
No major activities.
What can we expect from USDJPY today?
USDJPY on Tuesday rose 0.82% to 132.36. Price is below 9-Day EMA while Stochastic is falling.
Updated daily direction for USDJPY looks mixed as the pair is likely to consolidate above 131.37033 (S1).
Looking ahead today, to see upside interest, we prefer to look at price breakout of last daily high of 132.63 or trades above daily pivot 132.00067. While to the downside, the daily low of 131.01 and 131.37033 (S1) as immediate support levels. USDJPY need to break on either side to indicate a short-term bias. A break above 132.63 would suggest bullish bias after recent positive movement.
For the week to-date, take note that USDJPY is mixed as the current price action remain uncertain due to trader indecisiveness.
Key levels to watch out:
R3 | 134.61233 |
R2 | 133.62167 |
R1 | 132.99133 |
Daily Pivot | 132.00067 |
S1 | 131.37033 |
S2 | 130.37967 |
S3 | 129.74933 |
Disclaimer: We do not endorsed nor verified the posts provided by Twitter. This widget is provided to you as a convenience only and is not affiliated with all parties in any way.