USD / JPY Forecast & Live Analysis

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Market Analysis & Outlook

UPDATED: 17:33 PST

Current Trend: USD / JPY is showing a Moderate Bullish bias with a technical score of 2/25.

Volatility: Today's range is 93 pips (ADR: 134 pips). Volatility is Normal.

Seasonality: Historically, February is Bullish for USD / JPY (Win Rate: 60%).

Latest Intelligence

Fed confirms it obeyed White House request for an unusual ‘rate check,’ weakening the dollar against foreign currencies - Fortune Fed confirms it obeyed White House request for an unusual ‘rate check,’ weakening the dollar against foreign currencies Fortune Feb 19, 03:24 • Google News US Dollar Price Action Setups: EUR/USD, USD/JPY, USD/CAD, Gold - FOREX.com US Dollar Price Action Setups: EUR/USD, USD/JPY, USD/CAD, Gold FOREX.com Feb 20, 11:50 • Google News USDJPY on track to revisit the intervention level as Japanese Yen lacks bullish catalysts - investingLive USDJPY on track to revisit the intervention level as Japanese Yen lacks bullish catalysts investingLive Feb 20, 05:42 • Google News FX Daily: Fed confirms it checked rates in USD/JPY - ING THINK economic and financial analysis | ING THINK FX Daily: Fed confirms it checked rates in USD/JPY ING THINK economic and financial analysis | ING THINK Feb 18, 23:46 • Google News Japanese Yen Weakens as Inflation Eases - TradingView Japanese Yen Weakens as Inflation Eases TradingView Feb 19, 17:59 • Google News

About USD / JPY

US Dollar (USD)

Central Bank:

Federal Reserve ➚

Nickname:

Greenback

Key Driver:

Non-Farm Payrolls

Interest Rate:

3.4%

Japanese Yen (JPY)

Central Bank:

Bank of Japan ➚

Nickname:

Yen

Key Driver:

JGB Yields

Interest Rate:

0.5%

Quick Q&A

What is the current trend for USD / JPY?

The current trend for USD / JPY is Bullish with a score of 2.

What is the daily volatility for USD / JPY?

Today's volatility range is 93 pips.

What are the key support and resistance levels for USD / JPY?

Key resistance is at 155.5619 and support is at 154.5381.

Trend Matrix

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Key Technical Levels

Res 3	156.3900❐
Res 2	155.8781❐
Res 1	155.5619❐
PIVOT	155.0500
Sup 1	154.5381❐
Sup 2	154.2219❐
Sup 3	153.7100❐

Levels calculated dynamically based on current Price & Volatility.

Daily Structure

Swing High	157.6620
Swing Low	152.2700
61.8% Retr.	155.6020
Extension	150.8030

Interest Rate Delta

USD (3.4%) JPY (0.5%)

Differential: 2.90%

Seasonality (FEB)

HISTORIC WIN RATE

60%

AVG RETURN

+0.85%

Top Correlations

USD/CAD	0.8
USD/CHF	0.78
CAD/JPY	0.74
EUR/JPY	0.72
GBP/CHF	0.71