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
New Fed Chair to Cut Forward Guidance? Warsh Rejects Dot-Plot Expectations, Bullish or Bearish for Bitcoin? If Warsh rejects dot plot projections, it could suppress institutional capital and weaken market risk appetite in the short term, but is a long-term positive for Bitcoin.On June 17, Asian
Author  TradingKey
12 hours ago
If Warsh rejects dot plot projections, it could suppress institutional capital and weaken market risk appetite in the short term, but is a long-term positive for Bitcoin.On June 17, Asian
placeholder
Three Major International Investment Banks Bearish on Oil Outlook, Citi Expects Brent to Fall to $70. Crude Oil Prices Fall for Four Straight Days to Levels at Start of US-Iraq War.On June 16, after US President Donald Trump sent consecutive signals of geopolitical easing, the two major crude oil benchmarks extended their recent declines and are poised to return to
Author  TradingKey
20 hours ago
On June 16, after US President Donald Trump sent consecutive signals of geopolitical easing, the two major crude oil benchmarks extended their recent declines and are poised to return to
placeholder
Japanese Yen hangs near intervention zone despite BoJ rate hike, ahead of FOMCThe USD/JPY pair ticks lower during the Asian session on Wednesday, though it remains within striking distance of the highest level since late April, touched last week.
Author  FXStreet
20 hours ago
The USD/JPY pair ticks lower during the Asian session on Wednesday, though it remains within striking distance of the highest level since late April, touched last week.
placeholder
Has Gold Hit Bottom? Barclays, Citi Both Bullish on Gold, Gold Price Will Return to $5,000 Next Year.Since 2026, gold has erased almost all of its gains and has fallen more than 20% from its record high of $5,595 set at the end of January. Has gold bottomed out? Is now the time to add to
Author  TradingKey
Yesterday 10: 30
Since 2026, gold has erased almost all of its gains and has fallen more than 20% from its record high of $5,595 set at the end of January. Has gold bottomed out? Is now the time to add to
placeholder
WTI hovers around $80.00 as traders await developments on US-Iran peace talksWest Texas Intermediate (WTI) oil price inches higher after registering 3.7% losses in the previous day, trading around $80.10 per barrel during the Asian hours on Tuesday.
Author  FXStreet
Yesterday 01: 19
West Texas Intermediate (WTI) oil price inches higher after registering 3.7% losses in the previous day, trading around $80.10 per barrel during the Asian hours on Tuesday.
Related Instrument
goTop
quote