The USD/JPY held on to gains following Wednesday’s Federal Reserve decision but traded well below its daily peak of 143.94 as the Greenback registered losses.
USD/JPY's ‘shooting star’ candlestick hints at a possible bearish continuation despite current buyer momentum. Key supports: September 19 low at 141.88, 140.44, and YTD low at 139.58. Buyers need to surpass 143.94 resistance, with next target at Kijun-Sen at 144.48 for bullish control. Data-wise, the US docker featured initial jobless Claims for the last week, which fared better than expected but failed to boost the US Dollar.
Those levels cleared, and the next demand zone would be the September 18 daily low of 140.44, followed by the YTD low of 139.58 Conversely, buyers must clear the September 19 high of 143.94 before testing the Kijun-Sen at 144.48. USD/JPY Price Action – Daily Chart Japanese Yen PRICE Today The table below shows the percentage change of Japanese Yen against listed major currencies today. Japanese Yen was the strongest against the Swiss Franc. USD EUR GBP JPY CAD AUD NZD CHF USD -0.40% -0.51% 0.
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