Today in the Tokyo session the USDJPY showed little energy, with aimless price movement eventually leading to a low of 157.51 just before GMT 02:00. The 1-hour chart of the USDJPY (as of GMT 05:15 on June 18) shows that although we have had a series of candles with small bodies, the price has trended up through the middle line of the Bollinger Bands and is rising little by little.

Today the USDJPY opened at 157.26, since when it has continued to drift without a clear sense of direction. A look at the 1-hour chart of the USDJPY (as of GMT 05:20 on June 17) shows that the price has stabilized after Friday's sharp sell-off.

As expected, policy interest rates were left unchanged by the Bank of Japan's Monetary Policy Meeting at around GMT 03:30 today. As there was no detail that would lead to yen purchases, the USDJPY rose after the announcement. Attention will now be focused on BOJ Governor Kazuo Ueda's press conference, scheduled for GMT 06:30.

Today the USDJPY opened at 156.67 before trending upward, hitting a high of 157.04 shortly after GMT 03:00. Looking at the 1-hour chart of the USDJPY (as of GMT 03:25 on June 13), the CPI caused the price to fall to the -2 standard deviation of the Bollinger Bands, but it rebounded after the details of the FOMC had been grasped to break above the middle line.

Today the USDJPY has moved gradually upwards within the lower end of the 157-yen range. With the market waiting for major events, we may not see an increase in volatility until the New York session opens. A look at the 1-hour chart of the USDJPY (as of GMT 05:15 on June 12) confirms that the price has lacked direction since the beginning of the week.

Today the USDJPY rose leisurely in the morning session and a little while after GMT 03:00 had reached a high of 157.33. Looking at the 4-hour chart of the USDJPY (as of GMT 05:10 on June 11), the price is approaching the June high of 157.47.

Today the USDJPY inched up after the open, marking a high of 157.19 slightly before GMT 04:00. Looking at the 1-hour chart of the USDJPY (as of GMT 05:30 on June 10), the pullback in response to the surge seen on Friday has been limited, and the price has continued to rise along the +1 standard deviation Bollinger Band.

Today the USDJPY lost momentum after hitting a high of 155.93 at around GMT 01:00, and by GMT 04:00 it was trading in the upper half of the 155-yen range.

Today the USDJPY began trending downward in the first half of the Tokyo session, setting a low of 155.35 shortly after GMT 01:30. Looking at the 1-hour chart of the USDJPY (as of GMT 04:10 on June 6), it is noticeable that the walk along the upper band has come to an end, and that the price has reached the -2 standard deviation. It seems likely that the key point will be whether it transitions to a band walk along the lower band.

Today the price began trending upward in the first half of the Tokyo session, setting a high of 155.59 at about GMT 03:00. Looking at the 1-hour chart of the USDJPY (as of GMT 03:15 on June 5), the price continued to fall after touching the middle line of the Bollinger Band, and has now resumed walking along the lower band.

Today the USDJPY rebounded after forming a double or triple bottom, and has recovered to the 156-yen level. It recorded a high of 156.48 shortly after GMT 01:00. Looking at the 1-hour chart of the USDJPY (as of GMT 03:35 on June 4), after the price broke through the -2 standard deviation Bollinger Band, it appears to be in an upward retracement that has taken it through the -1 standard deviation band.

Today the USDJPY hit a low of 156.99 between GMT 01:00 and GMT 02:00 before beginning to rebound, and just before GMT 04:00 it reached a high of 157.47. A look at the 1-hour chart of the USDJPY (as of GMT 05:10 on June 3) shows at a glance that the price and the Bollinger Band lines are crossing each other frequently, confirming that there is no clear sense of direction to the market.

Today the USDJPY began trading at 156.77, but the market remained directionless and range-bound during the Tokyo session. Looking at the 1-hour chart of the USDJPY (as of GMT 05:05 on May 31), the market settled after the decline in the price yesterday, and this has resulted in a contraction in the Bollinger Bands.

Today the USDJPY trended down during the Tokyo session, and shortly after GMT 03:00 it was trading in the lower half of the 157-yen range. Looking at the 1-hour chart of the USDJPY (as of GMT 03:05 on May 30), although the price is making higher highs and higher lows on a long-term view, recently it has been declining and has broken below the middle line of the Bollinger Band.

Today the USDJPY hit a high of 157.40 just before GMT 01:00, but then reversed. Looking at the 1-hour chart of the USDJPY (as of GMT 05:25 on May 29), given that the closing price has fallen below the +1 standard deviation Bollinger Band, we could see a decline back to 156 yen.

Yesterday the USDJPY hit a high of 156.95 at around GMT 22:00 but then began to fall back, marking a low of 156.62 not long after GMT 04:00. Looking at the 1-hour chart of the USDJPY (as of GMT 05:55 on May 28), we see that there is no widening of the Bollinger Bands, and that the price is fluctuating within the range indicated by the bands.

Today the USDJPY opened at 156.89 before trending downward, hitting a low of 156.66 shortly after GMT 03:00. Looking at the 1-hour chart of the USDJPY (as of GMT 03:25 on May 27), the price is moving between the -1 and -2 standard deviation Bollinger Bands.

Today the USDJPY opened at 156.88 before again rising into the 157-yen range. Shortly after GMT 02:00 the price marked a high of 157.14 yen. Looking at the 1-hour chart of the USDJPY (as of GMT 03:05 on May 24), the volatility that followed the announcement of yesterday's economic indicators resulted in the price plunging to the -2 standard deviation band at one point, but it subsequently rallied and resumed its upwards trend.

Despite marking a high of 156.90 during the first half of the Tokyo session today, the USDJPY showed little sense of direction. In terms of movement going forward, attention will focus on whether the price can break into the 157-yen range, and stay there. Looking at the 1-hour chart of the USDJPY (as of GMT 03:40 on May 23), since breaking below the -2 standard deviation Bollinger Band the price has rebounded and has again begun walking between the +1 and +2 standard deviation bands.

Today the USDJPY opened at 156.14, and then rose gradually. Shortly after GMT 04:30, the price hit a high of 156.38. A look at the 1-hour chart of the USDJPY (as of GMT 05:15 on May 22) shows that the upper-band walking that began after the price broke through resistance has faded, leaving a trendless market in its wake.