USD/JPY Price Forecast: Skyrockets and climbs above 148.00

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USD/JPY Price Forecast: Skyrockets and climbs above 148.00
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The USD/JPY rallied sharply inside the Ichimoku cloud (Kumo) after the US Bureau of Labor Statistics (BLS) revealed that the latest jobs report added over 254K employees to the workforce.

USD/JPY rallies over 1% after US Nonfarm Payrolls added 254K jobs, lifting US Treasury yields. Bulls target a decisive break above 149.39 and 150.00, with next resistance at the 200-DMA of 151.06. Support lies at 148.00, followed by the Senkou Span B at 147.78 and the bottom of the Ichimoku Cloud at 146.90-147.00. The USD/JPY rallied sharply inside the Ichimoku cloud after the US Bureau of Labor Statistics revealed that the latest jobs report added over 254K employees to the workforce.

Conversely, the USD/JPY first support would be the 148.00 figure. Once surrendered, the first support would be the Senkou Span B at 147.78, followed by the bottom of the Kumo at 146.90-147.00. 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 0.52% -0.02% 1.22% 0.15% 0.64% 0.85% 0.

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