Trading Insights

USD/JPY

Technical Outlook

Outlook: Cautiously Bearish
Time Horizon: 1 Day

  • Yen strengthened following comments from Japan’s Finance Minister signaling readiness to counter speculative FX moves.
  • Potential intervention via USD sales and increased JGB purchases represents a credible policy backstop.
  • Comments triggered broad USD weakness across spot FX markets.

Key Levels:
Support: 154.62 | Resistance: 158.23

Investor Takeaway:
Policy signaling alone has materially shifted positioning. Upside in USD/JPY may be capped near resistance unless US yields reaccelerate.

Disclaimer

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