18.7 C
New York
Wednesday, April 21, 2021
More

    USD/JPY Forecast Updated 5th March 2021: Japanese retail investors sell yen

    This group of investors is most active when buying AUD / JPY, EUR / JPY

    Japanese retail investors are looking to buy AUD / JPY and EUR / JPY on downturns, with both pairs trading near their 2018 highs, said Takuya Kanda, general manager of the Gaitame.com Research Institute in Tokyo.

    CT Forcast: Crypto Price Analysis

    Do you know Bitcoin Price May Fall Ahead Of Chinese New Year says analyst yes, its true but this technical indicator can give you laser sharp entry points to invest money in cryptocurrency consistently.

    “Retail investors do not usually chase buying cross currencies against the yen when they are in an uptrend, but they buy them in downturns.”

    Retail purchases help maintain the two cross currencies against the yen, even when stock prices are falling. Retail investors are looking forward to buying the Australian dollar at around 82 yen. Against the euro, when the pair falls to around 127, buying on the downturn and closing of short positions may occur. Individuals were found to be selling the euro when it climbed above 128 in mid-February.

    Individuals are also focusing more on the dollar / yen pair as volatility rises as the uptrend in Treasury yields pushes the dollar higher. Japanese exporting companies may have sold the dollar during a local fix, which helped push USD / JPY above 108 for the first time since July. USD / JPY may rebound on lower selling interest after exporters complete sales. USD / JPY could find support around 107, while the pair could test 109 next week looking at trending Treasury and stock yields.


    USD / JPY Strikes Resistance As RSI Goes Overbought, Correction On The Horizon?

    KEY POINTS: USD / JPY has risen around 370 pips since early 2021, but short-term bullish momentum could start to run out. The overbought state of the market and the proximity of the price to a zone of confluence of resistance point to a possible fall. In this article we present the most relevant technical levels for the dollar – yen. It may interest you: The US dollar waits cautiously for the NFP report, technical levels to follow The USD / JPY (US dollar – Japanese yen) has been on a good bullish streak since the beginning of the year, rising about 370 pips from 103.00 to the edge of 106.70.


    Should I invest in USD to JPY Currency Pair?” “Should I trade USD/JPY pair today?” According to our Forecast System, USD to JPY Forex pair is a bad long-term (1-year) investment*. “United States Dollar / Japanese Yen” exchange rate predictions are updated every 5 minutes with latest Forex (Foreign Exchange) rates by smart technical market analysis.

    At Citytelegraph.com we predict future values with technical analysis for wide selection of Forex (Foreign Exchange) pairs like USD to JPY . If you are looking for foreign exchange rates with good return, USD to JPY can be a bad, high-risk 1-year investment option. USD/JPY rate equal to 108.180 at 2021-03-05, but your current investment may be devalued in the future.


    USD/JYP Forecast Updated 5th March 2021 : Pivot, Resistance Levels and Support Levels for USD / JPY for Day Trading

    For Stop Loss and Trading Targets
    Calculation For Trading:
    Resistance Level (R3): 109.311
    Resistance Level (R2): 108.654
    Resistance Level (R1): 108.306
    Pivot Point: 107.649
    Support Level (S1): 107.301
    Support Level (S2): 106.644
    Support Level (S3): 106.296


    Questions & Answers about USD to JPY Price Projection

    What is the USD to JPY exchange rate today?
    The USD/JPY Forex rate is 108.180 today.

    Will USD/JPY Forex rate drop / fall?
    Yes. The Dollar to Yen rate may drop from 108.180 to 104.185. The change will be -3.693%.

    Will USD/JPY FX rate grow / rise / go up?
    No. See above.

    Will USD JPY FX rate crash?
    According to our analysis, this can happen.

    Will USD to JPY exchange rate hit “1 000” in a year?
    Not within a year. See above.

    Will USD to JPY exchange rate hit “2 000” in a year?
    Not within a year. See above.

    Will USD to JPY exchange rate hit “5 000” in a year?
    Not within a year. See above.


    14 Days USD to JPY Historical Data

    DateOpening rateClosing rateMinimum rateMaximum rate
    2021-03-04107.026107.958106.992107.997
    2021-03-03106.738107.061106.706107.131
    2021-03-02106.822106.761106.685106.947
    2021-03-01106.463106.856106.397106.873
    2021-02-28106.6106.506106.498106.6
    2021-02-27106.6106.6106.6106.6
    2021-02-26106.374106.6105.859106.68
    2021-02-25105.932106.382105.87106.405
    2021-02-24105.297105.949105.284106.075
    2021-02-23105.003105.288104.925105.414
    2021-02-22105.466104.989104.945105.836
    2021-02-21105.522105.517105.373105.58
    2021-02-20105.646105.522105.445105.646
    2021-02-19105.696105.646105.252105.728

     


    Dollar to Yen (USDJPY) Forex Rate Prediction, Forecast for next months and years

    Below you will find the exchange rate predictions for 2021, 2022.
    DateOpening rateClosing rateMinimum rateMaximum rateChange
    USD to JPY Forecast for 2021
    April 2021106.301106.196106.196106.458-0.1 %▼
    May 2021106.187106.005106.005106.187-0.17 %▼
    June 2021105.989104.962104.962105.989-0.98 %▼
    July 2021104.951104.237104.237104.951-0.68 %▼
    August 2021104.204103.451103.445104.204-0.73 %▼
    September 2021103.454103.407103.407103.572-0.05 %▼
    October 2021103.355103.174102.72103.355-0.18 %▼
    November 2021103.221104.521103.221104.5211.24 % ▲
    December 2021104.541104.768104.541104.8460.22 % ▲
    USD to JPY Forecast for 2022
    January 2022104.753103.619103.619104.753-1.09 %▼
    February 2022103.634104.193103.634104.2210.54 % ▲
    March 2022104.193103.994103.831104.193-0.19 %▼
    April 2022104.001103.927103.927104.18-0.07 %▼
    May 2022103.922103.743103.743103.922-0.17 %▼
    June 2022103.723102.683102.683103.723-1.01 %▼
    July 2022102.658101.979101.979102.662-0.67 %▼
    August 2022101.915101.179101.175101.915-0.73 %▼
    September 2022101.173101.121101.121101.293-0.05 %▼
    October 2022101.092100.857100.447101.092-0.23 %▼
    November 2022100.936102.245100.936102.2451.28 % ▲
    December 2022102.256102.5102.253102.5680.24 % ▲
    USD to JPY Forecast for 2023
    January 2023102.49101.351101.341102.49-1.12 %▼
    February 2023101.36101.927101.36101.9460.56 % ▲
    March 2023101.923101.693101.551101.923-0.23 %▼
    April 2023101.723101.663101.663101.898-0.06 %▼
    May 2023101.626101.476101.476101.626-0.15 %▼
    June 2023101.449100.391100.391101.449-1.05 %▼
    July 2023100.38899.690299.6902100.391-0.7 %▼
    August 202399.657698.899398.899399.6576-0.77 %▼
    September 202398.878998.856498.856499.0128-0.02 %▼
    October 202398.832498.573198.158598.8324-0.26 %▼
    November 202398.646199.960698.646199.96061.32 % ▲
    December 202399.9577100.23699.9577100.2870.28 % ▲
    USD to JPY Forecast for 2024
    January 2024100.19599.077999.0719100.195-1.13 %▼
    February 202499.07799.644699.067699.66520.57 % ▲
    March 202499.61699.448199.275599.616-0.17 %▼
    April 202499.449999.361999.361999.6189-0.09 %▼
    May 202499.352999.160399.160399.3529-0.19 %▼
    June 202499.139798.121398.120999.1397-1.04 %▼
    July 202498.092597.395797.395798.0983-0.72 %▼
    August 202497.349996.607496.605797.3499-0.77 %▼
    September 202496.614496.541496.541496.7305-0.08 %▼
    October 202496.515996.347795.880796.5159-0.17 %▼
    November 202496.400697.68296.400697.6821.31 % ▲
    December 202497.705197.932897.697298.0070.23 % ▲
    USD to JPY Forecast for 2025
    January 202597.916696.781296.781297.9166-1.17 %▼
    February 202596.793197.352396.793197.38380.57 % ▲
    March 202597.34797.142696.99497.347-0.21 %▼
    April 202597.176497.093197.093197.3417-0.09 %▼
    May 202597.075196.894296.894297.0751-0.19 %▼
    June 202596.87895.823795.823796.878-1.1 %▼
    July 202595.826595.125295.125295.8265-0.74 %▼
    August 202595.065794.339794.334895.0657-0.77 %▼
    September 202594.315294.282294.282294.4545-0.04 %▼
    October 202594.252694.03693.598994.2526-0.23 %▼
    November 202594.110895.4194.110895.411.36 % ▲
    December 202595.402195.665195.402195.72680.27 % ▲
    USD to JPY Forecast for 2026
    January 202695.641194.508394.502495.6411-1.2 %▼
    February 202694.522595.082394.510595.10530.59 % ▲

    Latest Posts

    spot_imgspot_img

    Don't Miss

    Stay in touch

    To be updated with all the latest news, offers and special announcements.