USD / JPY Forecast & Live Analysis

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Market Analysis & Outlook

UPDATED: 19:07 PST

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

Volatility: Today's range is 145 pips (ADR: 147 pips). Volatility is Normal.

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

Latest Intelligence

Japanese yen outlook: USD/JPY upside risks rise after Takaichi landslide - FOREX.com Japanese yen outlook: USD/JPY upside risks rise after Takaichi landslide FOREX.com Feb 8, 15:14 • Google News Japanese Yen JPY/USD Futures Overview - CME Group Japanese Yen JPY/USD Futures Overview CME Group Feb 5, 12:59 • Google News Takaichi Win Primes Japan Stocks for Gains, Damps Yen and Bonds - bloomberg.com Takaichi Win Primes Japan Stocks for Gains, Damps Yen and Bonds bloomberg.com Feb 8, 17:41 • Google News Japan markets set for renewed 'Takaichi trade' after landslide election win - Yahoo Finance Japan markets set for renewed 'Takaichi trade' after landslide election win Yahoo Finance Feb 8, 07:11 • Google News Japanese Yen weakens to near 157.50 as Takaichi’s party wins snap elections - FXStreet Japanese Yen weakens to near 157.50 as Takaichi’s party wins snap elections FXStreet Feb 8, 15:05 • 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 Bearish with a score of -2.

What is the daily volatility for USD / JPY?

Today's volatility range is 145 pips.

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

Key resistance is at 157.4545 and support is at 156.3315.

Trend Matrix

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Key Technical Levels

Res 3	158.3630❐
Res 2	157.8015❐
Res 1	157.4545❐
PIVOT	156.8930
Sup 1	156.3315❐
Sup 2	155.9845❐
Sup 3	155.4230❐

Levels calculated dynamically based on current Price & Volatility.

Daily Structure

Swing High	159.4540
Swing Low	152.0900
61.8% Retr.	156.6410
Extension	150.0870

Interest Rate Delta

USD (3.4%) JPY (0.5%)

Differential: 2.90%

Seasonality (FEB)

HISTORIC WIN RATE

60%

AVG RETURN

+0.85%

Top Correlations

CAD/JPY	0.58
EUR/JPY	0.54
GBP/CHF	0.52
USD/CAD	0.51
USD/CHF	0.51