USD/JPY latest news: opens higher — resilience seen with low intraday volatility

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USD/JPY rises 0.15% today

Highlights

USD/JPY trades at ¥155.72, just below the 20-day moving average (¥155.83), with medium- and long-term trends remaining bullish above the 50-day and 200-day averages.
Momentum signals are mixed as MACD and ADX support a steady uptrend while oscillators like RSI (51.99) and CCI remain neutral, signaling caution for new positions.
Expected USD/JPY trading range for the next five days is ¥155.70–¥156.90, with an over 80% probability of price rising and low chance of a bearish move.

Steady trend signaled amid mixed momentum and cautious oscillator tone

Key dynamic support lies near the Ichimoku Kijun level at ¥155.35, with resistance seen around the 20-day and 50-day moving averages. Momentum signals are mixed: MACD shows a strong daily buy while ADX is constructive but not extreme, pointing to a steady trend. Oscillators present divergence — RSI (daily 51.99) and CCI (neutral) suggest neither overbought nor oversold, but Stoch RSI flags oversold and Bull/Bear Power (bbp at –0.24) indicates sellers have short-term control. The Awesome Oscillator is neutral. Today’s price opened with a small upward gap and has edged higher, currently near the upper end of today’s range (¥155.63 – ¥155.73), with overall intraday volatility low and a slight bias toward strength after the open. This reflects ongoing resilience, though the lack of clear oscillator consensus suggests caution.

Range-bound outlook prevails as bullish signals outweigh downside risk

Looking ahead to the next five trading days, USD/JPY is expected to fluctuate between ¥155.70 and ¥156.90, reflecting a typical range given the current price and moderate volatility. The probability of a rise is high (more than 80%), while the chance of a decline is very low, supported by weekly buys in RSI, MACD, and moving averages. The baseline scenario is for range-bound trading around current levels. On a bullish breakout, the pair may test above ¥156.90; if bearish, a drop below ¥155.70 could trigger stronger selling, but this remains less likely barring a change in momentum or external drivers.

Viktoras Karapetjanc, Traders Union expert, notes USD/JPY remains resilient above key moving averages, with favorable macro sentiment supporting the pair. He sees a high probability for further gains this week, as underlying momentum and technicals stay constructive. The immediate outlook is for steady, range-bound movement near current levels, with bullish breakout potential if external drivers emerge. Karapetjanc adds: "The medium-term trend looks solid, and unless sentiment shifts sharply, I expect buyers to stay in control above ¥155.70."

Last time, analysts noted that USD/JPY was consolidating just below its short-term moving average yet remained well supported above key medium- and long-term trend lines, with a sideways bias likely to persist in the near term. Divergent momentum signals — including a bullish MACD, mild upside from RSI and Stoch RSI, and low volatility — signaled short-term indecision, with defined breakout and downside triggers highlighted in the current range providing a baseline for intraday price action.

Source of Data: USD Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.