USD/JPY Price Forecast: Rallies past 144.00 boosted by high US yields

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USD/JPY Price Forecast: Rallies past 144.00 boosted by high US yields
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The USD/JPY edges up during the North American session, registering gains of over 0.90% as the US Dollar stages a comeback.

USD/JPY climbs over 0.90% to 144.54, buoyed by a rise in the US 10-year Treasury yield. Despite the uptick, the pair shows a downward trend, remaining below the Ichimoku Cloud and 200-DMA. RSI crosses above the neutral line, suggesting potential for continued gains in the short term. Key resistance at 145.00, with subsequent levels at 146.73 and 147.00. A fall below 144.00 could find support at 143.39 , 142.76 , and 142.13 .

00, this could pave the way to challenge the Kijun-Sen at 143.39, followed by the Senkou Span A at 142.76 and the Tenkan Sen at 142.13. 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 New Zealand Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD 0.22% 0.51% 0.82% 0.26% 0.75% 0.91% 0.68% EUR -0.22% 0.29% 0.60% 0.04% 0.53% 0.70% 0.45% GBP -0.51% -0.

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