- USD/JPY gains on Fed decision and upbeat US-UK trade news.
- US jobless claims fall to 228K, supporting broad USD strength.
- Technical indicators show support at 144.78 and resistance at 146.18.
The USD/JPY pair surged higher as the US Dollar (USD) strengthened following the Federal Reserve’s decision to leave interest rates unchanged, coupled with renewed optimism over US-UK trade ties. US President Donald Trump highlighted what he described as a "major breakthrough" in trade relations with the United Kingdom, boosting market sentiment. However, caution remains as details about the agreement indicate that a 10% tariff on UK goods will remain, potentially tempering initial enthusiasm.
The US Dollar Index (DXY) pushed past the critical 100.00 mark, supported by robust economic data and the Federal Reserve’s steady policy stance. Weekly jobless claims fell to 228K for the week ending May 3, down from 241K in the prior week, signaling continued strength in the US labor market. The Bank of Japan (BOJ) minutes from its March meeting showed a cautious outlook, with policymakers concerned about the impact of US tariffs on Japan’s export-dependent economy. This divergence in central bank policies has favored the USD over the JPY.
Technical Analysis
Technically, USD/JPY is trading in a bullish pattern, currently hovering near 146.00 after reaching a daily high of 146.18. The RSI stands at 54.16, reflecting a neutral bias, while the MACD shows a clear buy signal. Short-term moving averages, including the 10-day EMA (143.90) and 10-day SMA (143.69), are aligned in a bullish configuration. However, longer-term resistance levels remain at the 100-day SMA (150.55) and 200-day SMA (149.58), potentially capping further gains.
Key support levels are identified at 144.78, 144.63, and 144.56, while resistance is seen at 146.18, 146.42, and 148.35.
In summary, USD/JPY remains poised for further upside as long as it holds above key support levels, with traders closely monitoring incoming US economic data and geopolitical headlines for potential volatility in the coming sessions.
Daily Chart
Được in lại từ FXStreet_id, bản quyền được giữ lại bởi tác giả gốc.
Tuyên bố miễn trừ trách nhiệm: Nội dung trên chỉ đại diện cho quan điểm của tác giả hoặc khách mời. Nó không đại diện cho quan điểm hoặc lập trường của FOLLOWME và không có nghĩa là FOLLOWME đồng ý với tuyên bố hoặc mô tả của họ, cũng không cấu thành bất kỳ lời khuyên đầu tư nào. Đối với tất cả các hành động do khách truy cập thực hiện dựa trên thông tin do cộng đồng FOLLOWME cung cấp, cộng đồng không chịu bất kỳ hình thức trách nhiệm nào trừ khi có cam kết rõ ràng bằng văn bản.
Website Cộng đồng Giao Dịch FOLLOWME: www.followme.asia
Tải thất bại ()