USD/JPY Price Forecast: Struggles at 144.00 tumbles after hitting two-week peak

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USD/JPY Price Forecast: Struggles at 144.00 tumbles after hitting two-week peak
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The USD/JPY retreats after hitting a two-week high of 144.68, sliding some 0.28%.

USD/JPY retreats after a two-week peak of 144.68, dragged down by declining US Treasury yields. Technical indicators maintain a bearish stance with the pair below the Ichimoku Cloud and 200-DMA, suggesting more declines. Key supports identified at the September 20 low of 141.73 and the September 16 low of 139.58. For a bullish reversal, USD/JPY must surpass the Kijun-Sen at 143.44, with further hurdles at 144.00 and the recent high of 144.68.

73, ahead of dropping to the September 16 low of 139.58. Conversely, if USD/JPY edged toward the Kijun-Sen at 143.44 and clears that level, the pair could aim to challenge 144.00. Further upside is seen over the two-week high of 144.68. USD/JPY Price Action – Daily Chart Japanese Yen PRICE Today The table below shows the percentage change of Japanese Yen against listed major currencies today. Japanese Yen was the strongest against the US Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.60% -0.

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