USD/JPY
U.S. Dollar Gains Ground As Brent Oil Hits $100: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY
The American currency is moving higher as oil prices soar amid rising tensions in the Middle East.
USD/JPY –23.07.2026
As we see from our previous chart, USDJPY managed to pass above the short-term resistance zone of 161.95 which shows a strong advance still ongoing. Prices fell toward 160.50-70 on the suspected intervention before bouncing back.
USD/JPY Price Forecast: Remains above 163.00 near fresh 40-year highs
USD/JPY Price Forecast: Remains above 163.00 near fresh 40-year highs
USD/JPY forecast: what next for the falling Japanese yen?
The Japanese yen remained under intense pressure today, July 23, as traders rushed to the US dollar amid the rising tensions in the Middle East. The USD/JPY pair was trading at 163.07, a few pips below this week's high of 163.2.
USD/JPY near 40-year highs: Bullish structure meets intervention and positioning risk
USD/JPY near 40-year highs: Bullish structure meets intervention and positioning risk
U.S. Dollar Moves Lower As Traders Stay Focused On Middle East: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY
Rising Treasury yields and higher oil prices did not provide support to the American currency today.
USD/JPY –22.07.2026
As we see from our previous chart, USDJPY managed to pass above the short-term resistance zone of 161.95 which shows a strong advance still ongoing. Prices fell toward 160.50-70 on the suspected intervention before bouncing back.
The Dollar/Yen went over 163 for the first time since July 1986
The Dollar/Yen went over 163 for the first time since July 1986
Oil, USD/JPY Forecast: Two trades to watch
Oil prices are extending gains towards a six-week high amid fears of further supply disruption after the U.S. and Iran exchanged fire for an 11th consecutive night. Meanwhile, oil tankers made U-turns in the Red Sea following warnings of disruption from Iran-backed Houthi forces.
USD/JPY Price Forecast: Likely to extend rally towards 164.00
USD/JPY Price Forecast: Likely to extend rally towards 164.00
Japanese Yen Outlook: USD/JPY Breaks Out in Style, GBP/JPY and CAD/JPY in Focus
USD/JPY has finally broken higher after weeks of compression, with easing bearish sentiment towards the Japanese yen adding fuel to the rally. While the US dollar led the move, the technical backdrop also favours further upside for GBP/JPY, although crude oil prices remain a key variable for CAD/JPY bears.
investingLive Americas FX news wrap 21 Jul: USDJPY trades to a 40 year high and runs
The USD is ending the session mostly higher vs the major currencies. The one exception was the AUD where the greenback fell -0.11%.
