2025.11.17
[November 17] USDJPY holds firm in upper 154-yen range as week begins
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Recap of previous trading day (November 14)
On Friday of last week the USDJPY drifted without clear direction until New York trading hours, then dropped to 153.61 shortly after GMT 13:00, likely influenced by weekend adjustment pressures. However, it soon rebounded and trading for the day closed at 154.52.
Recap of the Tokyo market and outlook going forward
Today the USDJPY touched a low of 154.41 shortly after GMT 00:00 before bouncing back, then reached a high of 154.78 around GMT 03:00. As of GMT 04:30, the price is moving in the upper 154-yen range.
Looking at the 1-hour chart of the USDJPY (as of GMT 04:30 on November 17), the middle line is approaching horizontal while buying pressure is gradually increasing. As long as the pair holds above 153.61, the upward trend appears likely to continue.
(20-period Bollinger Band, showing ±1 and ±2 standard deviations)
The main economic indicators for today are as follows:
- GMT 13:30 U.S. November NY Empire State Manufacturing Index
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