Chart of price change USD/JPY

Currency pair USDJPY reflects the US dollar in relation to the Japanese yen. This trading instrument takes the second place on liquidity among currency pairs. The American and Japanese economies are one of the world's largest - the reason of the high popularity of this currency pair. In USDJPY base currency is the dollar, and the quoted - yen. Quotes of this trading instrument show how many yens it is necessary to purchase one American dollar.


Economic news


Asian Stocks Gain on Economic Hopes
Asian Stocks Gain on Economic Hopes

Asian shares and U.S. stock futures rose on Thursday as growing optimism about a global economic recovery from the coronavirus pandemic trumped imm...

Euro Rallies on EU Recovery Fund Proposals, Yuan Falls
Euro Rallies on EU Recovery Fund Proposals, Yuan Falls

The euro headed towards a two-month high on Wednesday after the European Commission proposed a coronavirus economic recovery package worth in total...

Dollar Gains and Yuan Hits Nine-Month Low
Dollar Gains and Yuan Hits Nine-Month Low

The U.S. dollar edged higher on Wednesday and China’s yuan hit a near nine-month low as worries about the U.S. response to China’s prop...

Stocks Rally, S&P 500 Crosses 3,000 Barrier; Oil Gains
Stocks Rally, S&P 500 Crosses 3,000 Barrier; Oil Gains

Global equities and oil rose on Tuesday as China’s promise of more stimulus and prospects of a world economic recovery cheered investors, who...

Dollar Gains, Yuan Slumps on Rising Hong Kong Tensions
Dollar Gains, Yuan Slumps on Rising Hong Kong Tensions

The dollar edged higher on Wednesday as worries about the U.S. response to China’s proposed security law for Hong Kong supported safe-haven d...

Euro, Riskier Currencies Buoyed, Investor Sentiment Improves
Euro, Riskier Currencies Buoyed, Investor Sentiment Improves

The euro got a boost on Tuesday from a weaker dollar as growing optimism about a global recovery from the COVID-19 pandemic supported riskier curre...

Dollar Dips as Virus Recovery Optimism Holds
Dollar Dips as Virus Recovery Optimism Holds

SINGAPORE (Reuters) - The dollar inched lower on Tuesday as growing optimism about a global recovery from the COVID-19 pandemic supported riskier c...

Dollar Holds Advantage as Hong Kong Tensions Weigh
Dollar Holds Advantage as Hong Kong Tensions Weigh

TOKYO (Reuters) - The dollar edged higher against most Asian units on Monday as worries about a standoff between the United States and China over c...

Brokers' Analytics


Forex Technical Analysis & Forecast 28.05.2020

EURUSD, “Euro vs US Dollar”EURUSD is forming a wide consolidation range around 1.0990. Possibly, today the pair may expand the range up to 1.1050 (an alternative scenario...

Murrey Math Lines 27.05.2020 (USDJPY, USDCAD)

USDJPY, “US Dollar vs. Japanese Yen”As we can see in the H4 chart, USDJPY has rebounded from 3/8. In this case, the price is expected to continue growing towards the resi...

Fibonacci Retracements Analysis 26.05.2020 (EURUSD, USDJPY)

EURUSD, “Euro vs US Dollar”As we can see in the H4 chart, the pair continues the correction after the convergence on MACD. During the correction, EURUSD has already teste...

Ichimoku Cloud Analysis 26.05.2020 (USDCAD, GBPUSD, USDJPY)

USDCAD, “US Dollar vs Canadian Dollar”USDCAD is trading at 1.3930; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could...

Forex Technical Analysis & Forecast 26.05.2020

EURUSD, “Euro vs US Dollar”After forming a new consolidation range around 1.0900, EURUSD is trying to break it to the upside. Possibly, the pair may trade upwards to reac...

Ichimoku Cloud Analysis 25.05.2020 (GBPUSD, USDCAD, USDJPY)

GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD is trading at 1.2174; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets c...

Forex Technical Analysis & Forecast 25.05.2020

EURUSD, “Euro vs US Dollar”EURUSD is still trading downwards to reach 1.0880. After reaching it, the pair may start consolidating. If later the price breaks this range to...

Forex Technical Analysis & Forecast 22.05.2020

EURUSD, “Euro vs US Dollar”EURUSD is trading downwards to reach 1.0922. Later, the market may correct towards 1.0969 and then resume trading inside the downtrend with the...

GuruTrade users Blogs


USD/JPY Developments: BoJ Expands Stimulus, Yen Gains

Japan’s economy is likely to endure a severe situation for the time being as the impact of Covid-19 pandemic effects broadly weigh, according to the BoJ (Bank of Japan) report....

USD/JPY: Yen Appreciates For 3rd Day

The USD/JPY pair has been drifting for third day in a row, repeatedly hitting the resistance level, which turned to be close to the 111.60 line. The price slid on Wednesday downwards...

Forex as lifestyle. First steps to financial independence

One hears very often such terms as Forex, Forex business, earnings by Forex, he made a fortune by Forex, Forex traders, Forex market or FX-market! If you are one who is eager to find...

Forex Market Review EUR/USD, GBP/USD 22.11.2018

EUR/USD is expected to trade not far off 1.1400 mark. Some swings in price are likely as well as periodic attempts to drive the market out of a calm state. However, all these...

Most significant events for financial markets to watch this week – April 23-27

The highest number of financial reports of U.S. companies for the first quarter are due to be published this week. Such tech giants as Facebook, Amazon and Google are going to post...

Key events to watch in financial markets this week – April 16-20

This week, investors will remain cautious amid geopolitical uncertainty and trade tensions - traders will assess the situation in Syria and trade conflict between the U.S. and China.

How To Calculate Cryptocurrency Market Cap?

Many of us have heard about the cryptocurrency market capitalization. Also, many of you probably paid attention to the news headlines from the category "Bitcoin lost 10% of the...

How To Trade Bitcoin? Part 2

Bitcoin trading, taking profits on price changes. Currency symbol: BTC. Due to the exotic character of ...

The USDJPY financial instrument is especially susceptible to fundamental factors, and also differs by high volatility. The monetary policy of Bank of Japan, the decision of the Ministry of Finance of Japan and U.S. Fed has the greatest impact on the price movement of this currency pair.

The economy of Japan is export-oriented, and the economy of the USA depends on internal consumption. The Asian stock market, in particular, the Japanese stock index of Nikkei 225 has a considerable impact on this trading symbol. Thanks to the raised volatility of the tool and sensitivity to economic events, the technical analysis together with fundamental is applied to forecast the movement of its price. The pair is most liquid in Asian session working hours.

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