Read more
8:30 AM · 18 January 2024

Chart of the day - USDJPY (18.01.2024)

USD/JPY
Forex
-
-

Japanese Yen (JPY) has recently returned to a downward trend after a dynamic rebound at the end of the year. Although the JPY is slightly recovering today, the perspectives for the second half of January and February are not very promising. Currently, everything indicates that the Bank of Japan (BoJ) will maintain its dovish stance in monetary policy. Moreover, there is an increased likelihood that the US Federal Reserve will not lower interest rates in March following strong retail sales data. These factors could further support the US dollar, potentially limiting the appreciation of the yen.

Looking at the USDJPY quotes, we can notice a strong upward movement that started in the new year. The quotes have reacted significantly, rising to the level of 140,000, and currently, the bulls may try to retest the key barrier at the level of 150,000. This area coincides with the lower limit of the recent upward channel. On the other hand, in case of activation of the supply side, the lower limit of the current movement could be the level of 145,000.

Source: xStation 5

 

8 January 2026, 5:10 PM

NY Fed Survey: higher inflation expectations, but also higher equity price expectations 📄🔎

8 January 2026, 10:20 AM

BREAKING: PPI in Eurozone higher than expected, unemployment falls

8 January 2026, 6:50 AM

Morning Wrap (08.01.2026)

7 January 2026, 6:55 PM

Daily summary: Alphabet shares support sentiments on Wall Street 🗽Oil, precious metals and crypto slide

Join over 2 000 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits