USDJPY Analysis
| Performance after Wednesday | |||
| Period | Pct | Chg | Momentum |
| Wednesday | 0.11% | 18.0 Pips | ▲ |
| Week to-date | 0.26% | 42.0 Pips | ▲ |
| June | 0.86% | 137.0 Pips | ▲ |
Upcoming key events (GMT+8)
| Time (GMT+8) | Currency | Impact | Event |
| Fri 01:00 PM | USD | NONE | Juneteenth Freedom Day |
What happened lately
On Wednesday, the USDJPY pair saw a modest increase of 0.11%, closing at 160.63000. The trading session experienced a high of 160.79000 and a low of 160.10000. This upward movement in the USDJPY followed the release of the U.S. Monthly Retail Trade data for April 2026, which reported a growth of 0.9%. This figure surpassed both the consensus expectation of 0.5% and the previous month’s growth of 0.5%, potentially providing some support to the U.S. dollar.
Looking ahead, the market will observe Juneteenth Freedom Day on Friday, which is not expected to have any direct impact on the USDJPY pair as it is marked as a non-impactful event. As such, no significant economic releases are scheduled that might influence the pair in the immediate future.
The overall market sentiment remains neutral to slightly positive for the USDJPY, with the recent retail trade data providing a slight boost to the U.S. dollar. However, without any major upcoming economic events or releases, traders may continue to focus on technical levels and broader market trends to guide their positions in the near term.
What can we expect from USDJPY today?
USDJPY closed with a slight gain of 0.11% on Tuesday, ending the session at 160.63000. The pair continues to exhibit a bullish daily and weekly outlook, with the price remaining above the 9-day EMA.
📈 Bull Scenario A bullish scenario for USDJPY could be triggered if the pair breaks above the daily high of 160.79000. Traders should watch for a move towards the first resistance level at 160.91, with further upside potential targeting the second resistance at 161.2. | 📉 Bear Scenario Conversely, a bearish scenario may unfold if USDJPY falls below the daily pivot point of 160.51. In this case, the pair might test the first support level at 160.22, with further declines potentially reaching the second support at 159.82. |
Key levels to watch out:
| R3 | 161.6 |
| R2 | 161.2 |
| R1 | 160.91 |
| Daily Pivot | 160.51 |
| S1 | 160.22 |
| S2 | 159.82 |
| S3 | 159.53 |