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USD/JPY Jumps By 1% In The Last 5 Sessions

ViaNews Editorial Team

September 20, 2024

USD/JPY Jumps By 1% In The Last 5 Sessions

(VIANEWS) - USD/JPY (USDJPY) has been up by 1.39% for the last 5 sessions. At 20:06 EST on Thursday, 19 September, USD/JPY (USDJPY) is $142.78.

USD/JPY's yearly highs and lows, it's 2.293% up from its 52-week low and 11.833% down from its 52-week high.

Forex Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, USD/JPY's Forex is considered to be oversold (<=20).

Previous days news about USD/JPY (USDJPY)

  • Usd/jpy slides further below 142.00 amid softer usd, focus remains on fed decision. According to FXStreet on Wednesday, 18 September, "This, in turn, validates the near-term negative outlook for the USD/JPY pair and supports prospects for an extension of the recent well-established downtrend.", "The USD/JPY pair attracts fresh sellers during the Asian session on Wednesday and slides back below the 142.00 mark in the last hour, eroding a part of the overnight gains and stalling its recovery from the lowest level since July 2023 touched earlier this week. "
  • Usd/jpy: markets are bracing for volatile moves after FOMC – OCBC. According to FXStreet on Wednesday, 18 September, "FOMC decision should see USD/JPY more volatile, OCBC FX analysts Frances Cheung and Christopher Wong note.", "FOMC decision should see USD/JPY trade wild into and post-decision, press conference."
  • Usd/jpy price forecast: slips from 4-day peak, hovers below 142.00. According to FXStreet on Wednesday, 18 September, "The USD/JPY downtrend remains in place, but the Federal Reserve's decision to cut rates by a smaller or larger size could trigger different reactions. ", "If the Fed lowers rates by 25 basis points, this could be bullish for the USD/JPY and push prices toward the September 17 high at 142.47, which, if cleared, will expose the 143.00 figure."

More news about USD/JPY (USDJPY).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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