USDJPY on Thursday rose 0.95% to 144.65. Winners and losers.

USDJPY Analysis

Performance after Thursday
PeriodPctChgMomentum
Thursday0.95%136.1 Pips
Week to-date2.62%369.9 Pips
January2.62%369.9 Pips

Upcoming key events (London Time)

Fri 01:30 PM USD Average Hourly Earnings (12-mth)
Fri 01:30 PM USD Average Hourly Earnings (1-mth)
Fri 01:30 PM USD Nonfarm Payroll Employment

What happened lately

🇺🇸 U.S. Challenger Job Cuts in December dropped to 34.817K compared to previous figure 45.51K in November
🇺🇸 U.S. Job Openings and Labor Turnover Survey (JOLTS) in November below forecast and dropped to 8.79M compared to previous figure 8.852, revised from 8.733M in October Source: Bureau of Labor Statistics

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What can we expect from USDJPY today?

USDJPY on Thursday rose 0.95% to 144.65. Price is above 9-Day EMA while Stochastic is rising.

Updated daily direction for USDJPY looks bullish as the pair ended higher after Thursday trading session.

Looking ahead for the day, immediate upside resistance level is R1 at 145.38 with break above could target R2 at 146.12. While towards the downside, we are looking at daily low of 142.85 as an important support. Break below this level could weaken the current bullish momentum. A break above 144.85 would suggest bullish bias after recent positive movement.

For the week to-date, take note that USDJPY is bullish as the pair continued to trade higher and is up by 2.62% over the past few days.

Key levels to watch out:

R3147.38
R2146.12
R1145.38
Daily Pivot144.12
S1143.38
S2142.12
S3141.38

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