Sun, Apr 12, 2026 18:06 GMT
More

    USD/JPY Daily Outlook

    Daily Pivots: (S1) 160.36; (P) 160.82; (R1) 161.37; More…

    Intraday bias in USD/JPY remains neutral for consolidations below 161.27. Downside of retreat should be contained by 158.71 support to bring another rally. Break of 161.27 will target 61.8% projection of 146.47 to 160.20 from 154.53 at 163.01.

    In the bigger picture, long term up trend is still in progress. Further rise is expected as long as 154.53 support holds. Next target is 100% projection of 127.20 (2023 low) to 151.89 (2023 high) from 140.25 at 164.94.

    ActionForex
    ActionForex
    ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for two decades. We started providing only a daily and a mid-day report, now known as Action Insights. Gradually, we added a lot more in-house contents to the site. Technical Outlook section was expanded to cover more pairs. In addition to that, Top Movers, Heat Map, Pivot Point Charts and Pivot Meters, Action Bias and Volatility Charts, are tools used by traders from all over the world.

    Latest Analysis

    Learn Forex Trading