2026-09-02 · FOREX
US Dollar / Yen (USD/JPY) Daily Analysis
HOLD
55% confidence · 160.212 JPY
TREND
USD/JPY exhibits a short-to-mid term bullish trend with the price at 160.212 JPY trading above EMA9 (159.59) and EMA50 (160.04), yet the MACD remains bearish at -0.21.
SUMMARY
USD/JPY is currently at 160.212 JPY, showing mixed signals. While the price has moved above its 9-day EMA at 159.59 and 50-day EMA at 160.04, indicating some short-to-mid term bullishness, the MACD indicator remains bearish at -0.21. Furthermore, the pair is trading very close to the immediate resistance level of 160.23 JPY and the upper Bollinger Band at 160.39, suggesting potential for limited upside or a reversal. Compared to yesterday's SELL signal at 159.69 JPY, the signal has shifted to HOLD, reflecting the price's upward movement of 0.522 JPY since then, but also the current strong resistance.
SUPPORT
156.83
RESISTANCE
160.23
TIMEFRAME BIAS
The short-term bias is cautiously bullish as the price holds above key EMAs, while the long-term trend remains undefined without EMA200 data.
PATTERNS
No significant patterns detected.