This USDJPY analysis reviews the currency pair from technical and fundamental aspects. It also features trend examination, price forecasts, support and resistance levels, and trading signals.
We update this page daily to ensure you have the latest information by covering the USDJPY price changes.
USDJPY Analysis & Live Chart
USDJPY Fundamental Analysis
Bloomberg—The Japanese yen rose to around 143.5 per dollar on Monday, marking its third straight day of gains. This increase came as global trade tensions resurfaced, prompting investors to seek safer assets like the yen. A key trigger was a statement from U.S. President Donald Trump on Friday, where he announced plans to double tariffs on steel and aluminum imports to 50%, starting June 4.
This announcement put pressure on Japanese steel companies. JFE Holdings and Kobe Steel could face serious challenges due to the higher tariffs. However, Nippon Steel was less affected, largely because Trump spoke positively about its proposed merger with U.S. Steel, which gave the company some support.
Meanwhile, tensions between the U.S. and China also increased. China rejected Trump’s claim that it had broken a recent trade agreement made in Geneva. These growing disputes between major economies have added to market worries and boosted demand for safe-haven currencies like the yen.
In Japan, domestic data offered a brighter picture. Capital spending in the first quarter grew more than expected, showing strength in both the manufacturing and service sectors. This suggests that Japanese businesses are still investing steadily, even as global risks rise.
USDJPY Technical Analysis
The widget below calculates USD/JPY trends using multiple indicators, such as moving averages and oscillators. It allows you to review market trends across various timeframes easily.
The larger the timeframe, the more accurate the signals tend to be. Integrating this widget into your strategy and considering our fundamental news can help you make well-informed decisions.
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