EUR/USD 1.16604
-0.012%
Gold 4722.38
0.067%
Oil 91.456
0.236%
USD/JPY 158.840
0.171%
GBP/USD 1.33893
-0.038%
GBP/JPY 212.680
0.146%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Hong Kong-listed auto stocks continued their upward trend, with Geely Automobile (00175.HK) and Chery Automobile (09973.HK) rising by more than 4%, NIO-SW (09866.HK) rising by more than 3%, and Leapmotor (09863.HK) and others following suit.The Hong Kong-listed AI application sector rallied, with Zhipu (02513.HK) rising over 5%, RoboSense (02498.HK) gaining nearly 5%, and MINIMAX-W (00100.HK) and Youjia Innovation (02431.HK) following suit.April 9th - According to statistics from the Hengqin Border Inspection Station of the Zhuhai Border Inspection General Station, as of 00:00 on April 9th, 2026, the total number of inbound and outbound passengers at the Hengqin Port this year exceeded 10 million, 29 days earlier than last year (May 7th, 2025), setting a new record for the fastest passage since the port opened. This reflects the vigorous momentum of increasingly close exchanges and deepening integration between Hengqin and Macao. Regarding vehicle clearance, since the beginning of this year, the "joint one-stop" lanes at the Hengqin Port have processed over 1.17 million inbound and outbound vehicles, of which 66% are Macao-registered vehicles. The clearance time for a single vehicle has been reduced to less than 100 seconds. It is understood that the port will also upgrade its "no-card-swipe" clearance lanes this year, further accelerating both passenger and vehicle clearance.On April 9th, the highest 7-day annualized yield of Tencent Wealth Managements "Current Account +" was 1.3160%, and the lowest was 0.7700%. The highest 7-day annualized yield of WeChat Pays "Lingqian Tong" was 1.0720%, and the lowest was 1.0150%. The highest 7-day annualized yield of Alipays "Yuebao" was 1.2240%, and the lowest was 1.0010%.April 9th - Today (April 9th), the 42nd Chinese Antarctic Expedition, organized by the Ministry of Natural Resources, and the icebreaker "Xuelong" successfully returned to China and docked at the domestic base pier for Chinese polar research. The expedition team successfully completed all its planned tasks. This expedition set new records in terms of the number of personnel, the amount of routine supplies, and the workload, achieving fruitful results.

USD/JPY Price Analysis: To consolidate as a doji near the YTD highs near 125.70 looms

Larissa Barlow

Apr 13, 2022 10:03

  • Despite its strong association with US Treasury yields, the USD/JPY trades in a range of 125.30 to 70.

  • Forecast for the USD/JPY exchange price: Although the bias remains upward, a doji near the year-to-date highs might pave the way for lower prices.

 

As the Asian Pacific day begins, USD/JPY is practically flat, up 0.05 percent, but still short of the YTD highs near 125.77, as Tuesday's price action formed a doji, implying indecision. The USD/JPY is now trading at 125.48.

 

On Tuesday, the USD/JPY hovered above 125.45 but fell rapidly on the release of mixed US inflation readings, albeit hotter than expected; the numbers were in line with forecasts.

USD/JPY Forecast: Technical Price

The USD/JPY is now trending upward, as indicated by the daily chart. A doji near the YTD highs, on the other hand, may pave the way for a correction down.

 

Meanwhile, the USD/JPY 1-hour chart indicates the pair has established a double top, but the pair may stabilize in the 125.30-77 range after breaking over 125.35.

 

The initial upward resistance for the USD/JPY would be 125.56. A break of the latter would reveal the convergence of the YTD high and the R1 daily pivot point near 125.77-80. Once cleared, 126.00 would be the next line of defense for JPY bulls.

 

On the other hand, the initial level of support for the USD/JPY would be the confluence of the 50-hour simple moving average (SMA) and the daily pivot at 125.28-30. A strong break would pave the way to the S1 daily pivot level of 124.81, followed by the 100-hour SMA level of 124.64.

 

image.png 

Suggestion