Samson-FX

USD/JPY market analysis today

FX:USDJPY   USA-dollar/Japansk yen
Looking at the technical picture of USD/JPY on the 4 -hour chart, they can see that: Currently, the USD/JPY pair is maintaining an increase within the limit between 147,00. From the strong US economic data, it has contributed to consolidating the US dollar (USD). In addition, the US dollar index (DXY), USD measurement compared to other six main currencies, remains over 105.35 and is close to the highest daily store since March. Currently, this pair of money is trading around 147.45 with a slight decrease of 0.02% in today's session so it can be the motivation for gold to continue the increase in the short term.
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