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
Silver Price Analysis: Climbs above $80, as bulls eye weekly highSilver price advances more than 2.50% on Friday, set to end the week with gains of over 7% sponsored by US Dollar weakness and falling oil prices. At the time of writing, the XAG/USD trades at $80.72, after bouncing off daily lows of $78.16.
Author  FXStreet
18 hours ago
Silver price advances more than 2.50% on Friday, set to end the week with gains of over 7% sponsored by US Dollar weakness and falling oil prices. At the time of writing, the XAG/USD trades at $80.72, after bouncing off daily lows of $78.16.
placeholder
April NFP Lands at 8:30 AM Today — 65K Forecast, a New Fed Chair, and the Dollar at Triple-Bottom SupportApril 2026 NFP forecast 62K–70K vs March 178K. Unemployment expected 4.3%. Fed on hold at 3.50–3.75% with Kevin Warsh as new chair. DXY triple-bottom at $97.69. Trade setup inside.The Apr
Author  TradingKey
Yesterday 10: 55
April 2026 NFP forecast 62K–70K vs March 178K. Unemployment expected 4.3%. Fed on hold at 3.50–3.75% with Kevin Warsh as new chair. DXY triple-bottom at $97.69. Trade setup inside.The Apr
placeholder
WTI falls to near $93.50 after Israel, Iran signal an end to hostilitiesWest Texas Intermediate (WTI) oil price loses ground after registering modest gains in the previous day, trading around $93.70 per barrel during the Asian hours on Friday.
Author  FXStreet
Yesterday 01: 21
West Texas Intermediate (WTI) oil price loses ground after registering modest gains in the previous day, trading around $93.70 per barrel during the Asian hours on Friday.
placeholder
WTI and Brent Futures Both Fall Below $100 Mark, Have Oil Prices and Energy Sector Peaked?WTI crude oil futures settled at $96.21 per barrel on May 6, plunging 6.3% to close below $100 for the first time in six days, marking the largest single-day decline since March 17. Brent
Author  TradingKey
May 07, Thu
WTI crude oil futures settled at $96.21 per barrel on May 6, plunging 6.3% to close below $100 for the first time in six days, marking the largest single-day decline since March 17. Brent
placeholder
Bitcoin jumps to three-month high as US–Iran talks unwind oil risk premiumGlobal markets moved sharply on Wednesday as signs of progress in US–Iran negotiations triggered a rapid unwind of war-driven positions, dragging oil prices lower while lifting equities and cryptocurrencies. Bitcoin climbed above $81,000, its highest level in three months, while Brent crude fell roughly 11% to around $98 per barrel. The S&P 500 rose 0.85%...
Author  Cryptopolitan
May 07, Thu
Global markets moved sharply on Wednesday as signs of progress in US–Iran negotiations triggered a rapid unwind of war-driven positions, dragging oil prices lower while lifting equities and cryptocurrencies. Bitcoin climbed above $81,000, its highest level in three months, while Brent crude fell roughly 11% to around $98 per barrel. The S&P 500 rose 0.85%...
Related Instrument
goTop
quote