USD/JPY Price Analysis: Creeps higher as buyers target 157.00

USD/JPY rises, trading at 156.86, nearing the key psychological resistance at 157.00. U.S. economic data showing rapid business growth since 2022 bolsters the pair. Technical analysis: Resistance at 157.00, 158.44 , and YTD high of 160.32. Supports identified at Tenkan-Sen , Senkou Span A , and Kijun-Sen . The pair trades at 156.86, up by 0.03%, as economic indicators in the United States showed that business activity remains resilient, growing at the fastest pace since 2022.

44, the April 26 high, and eventually challenges the year-to-date high of 160.32. On the downside, if the pair falls below the Tenkan-Sen at 156.05, it will expose the Senkou Span A at 155.61, followed by the Kijun-Sen at 155.18. USD/JPY Price Action – Daily Chart USD/JPY Overview Today last price 156.92 Today Daily Change 0.13 Today Daily Change % 0.08 Today daily open 156.79 Trends Daily SMA20 155.63 Daily SMA50 153.61 Daily SMA100 150.93 Daily SMA200 149.19 Levels Previous Daily High 156.

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