- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- USD/JPY Price Analysis: Climbs to fresh YTD top, seems poised to appreciate further
USD/JPY Price Analysis: Climbs to fresh YTD top, seems poised to appreciate further
- USD/JPY prolongs its weekly uptrend and climbs to a fresh YTD top on Friday.
- Sustained USD buying lends support amid uncertainty over BoJ’s policy path.
- The technical setup supports prospects for an extension of the positive move.
The USD/JPY pair gains strong positive traction on the last day of the week and climbs to a nearly two-month high heading into the North American session. The pair is currently placed around the 135.00 psychological mark and seems poised to build on the recent appreciating move witnessed over the past two weeks or so.
The Japanese Yen (JPY) weakens across the board amid the uncertainty over the path of monetary policy under new Bank of Japan (BoJ) Governor Kazuo Ueda. The US Dollar, on the other hand, hits a fresh six-week high amid expectations that the Federal Reserve will stick to its hawkish stance in the wake of stubbornly high inflation. This turns out to be a key factor pushing the USD/JPY pair higher.
From a technical perspective, this week's sustained break through the 50-day SMA and a subsequent move beyond the 132.90-133.00 supply zone was seen as a key trigger for bullish traders. The latter marks the 38.2% Fibonacci retracement level of the recent sharp pullback from over a three-decade higher touched in October and should now act as a strong near-term base for the USD/JPY pair.
In the meantime, any meaningful slide below the 134.80-134.75 immediate support is likely to attract fresh buyers near the 134.40 region. This, in turn, should help limit the downside for the USD/JPY pair near the 134.00 round-figure mark. That said, a convincing break below might prompt some technical selling and pave the way for a slide back towards the 133.00 strong resistance breakpoint.
On the flip side, the USD/JPY pair seems poised to climb towards the 135.55-135.60 horizontal zone and eventually aim to reclaim the 136.00 mark. The momentum could get extended further towards the 136.75-136.85 confluence resistance, comprising the 38.2% Fibo. level and a technically significant 200-day SMA. A sustained strength beyond will suggest that spot prices have bottomed out.
USD/JPY daily chart
Key levels to watch
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
