USD/JPY Price Forecast: Clears 150.00 underpinned by US yields surge

Source Fxstreet
  • USD/JPY rallies over 0.8% as US yields jump and risk sentiment improves.
  • Price clears 150.00 and Kijun-Sen, RSI momentum favors further upside for bulls.
  • 151.80–152.70 range now key resistance; failure to hold 150 risks deeper pullback.

The USD/JPY pair surged on Monday and climbed above the 150.00 mark for the first time since early March as tariff fears faded and US Treasury bond yields skyrocketed, pushing the major for over 0.81%.

USD/JPY Price Forecast: Technical outlook

The USD/JPY cleared key resistance levels on Monday: first, the Kijun-Sen at 149.47, followed by the 150.00 figure. Buyers are gathering momentum, as depicted by the Relative Strength Index (RSI) punching through the 50 neutral line, suggesting that bulls could push prices past key strong resistance levels.

The 200-day and 50-day Simple Moving Averages (SMAs) confluence, at 151.79/82, respectively, emerges as a crucial ceiling and could be tested in the near term. If surpassed, the next significant resistance level would be the Senkou Span B, at 152.71.

Conversely, if USD/JPY retreats below 150.00, immediate support would be the Kijun-Sen and the Senkou Span A at 149.28. A breach of the latter will expose the Tenkan-Sen at 149.08.

USD/JPY Price Chart – Daily

Japanese Yen PRICE Today

The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies today. Japanese Yen was the strongest against the Euro.

  USD EUR GBP JPY CAD AUD NZD CHF
USD   0.15% -0.04% 0.84% -0.24% -0.15% 0.16% 0.02%
EUR -0.15%   -0.30% 0.18% -0.34% -0.33% 0.05% -0.09%
GBP 0.04% 0.30%   0.88% -0.68% -0.06% 0.36% 0.10%
JPY -0.84% -0.18% -0.88%   -1.08% -1.01% -0.65% -0.83%
CAD 0.24% 0.34% 0.68% 1.08%   0.14% 0.41% 0.26%
AUD 0.15% 0.33% 0.06% 1.01% -0.14%   0.39% 0.23%
NZD -0.16% -0.05% -0.36% 0.65% -0.41% -0.39%   -0.08%
CHF -0.02% 0.09% -0.10% 0.83% -0.26% -0.23% 0.08%  

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Japanese Yen from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent JPY (base)/USD (quote).

 

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Price Forecast: BTC extends gains after third consecutive week of ETF inflowsBitcoin (BTC) extends gains, trading above $73,000 at the time of writing on Monday, following a bullish breakout from the consolidation pattern it had been trading since roughly the past six weeks.
Author  FXStreet
8 hours ago
Bitcoin (BTC) extends gains, trading above $73,000 at the time of writing on Monday, following a bullish breakout from the consolidation pattern it had been trading since roughly the past six weeks.
placeholder
Breaking: Gold falls below $5,000 as oil-driven inflation fears weighGold price (XAU/USD) tumbles to around $4,980 during the early Asian session on Monday. The precious metal faces some selling pressure despite intense geopolitical conflict in the Middle East. Traders will closely monitor the developments surrounding the United States (US)-Israel war with Iran. 
Author  FXStreet
18 hours ago
Gold price (XAU/USD) tumbles to around $4,980 during the early Asian session on Monday. The precious metal faces some selling pressure despite intense geopolitical conflict in the Middle East. Traders will closely monitor the developments surrounding the United States (US)-Israel war with Iran. 
placeholder
Yen Nears 160 Mark Again, Is Japan Intervention Imminent? As the US dollar continues to strengthen, the yen is once again approaching a key psychological level. During the Friday Asian trading session, USD/JPY (USDJPY) rose to near the 160 level
Author  TradingKey
Mar 13, Fri
As the US dollar continues to strengthen, the yen is once again approaching a key psychological level. During the Friday Asian trading session, USD/JPY (USDJPY) rose to near the 160 level
placeholder
WTI climbs above $95.50 as Iran says the Strait of Hormuz must remain closed West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $95.75 during the early Asian trading hours on Friday. The WTI price surges due to the effective closure of the Strait of Hormuz amid conflict involving the United States (US), Israel, and Iran.
Author  FXStreet
Mar 13, Fri
 West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $95.75 during the early Asian trading hours on Friday. The WTI price surges due to the effective closure of the Strait of Hormuz amid conflict involving the United States (US), Israel, and Iran.
placeholder
Goldman Sachs Raises Oil Price Forecasts and Warns Oil May Break All-Time Highs if Strait of Hormuz Disruption PersistsTradingKey - As tensions in the Middle East continue to escalate, concerns over supply disruptions in the energy market are heating up rapidly. Goldman Sachs' latest report raised its crude oil price
Author  TradingKey
Mar 12, Thu
TradingKey - As tensions in the Middle East continue to escalate, concerns over supply disruptions in the energy market are heating up rapidly. Goldman Sachs' latest report raised its crude oil price
Related Instrument
goTop
quote