United States Dollar / Japan Yen

USDJPY
JPY
0.146
(0.097%)
Market Open
150.497
Yesterday
150.496
Open
150.288 - 150.671
Day's Range
Today
0.097%
1 Week
0.332%
1 Month
1.685%
6 Months
2.874%
12 Months
10.382%
Year To Date
6.749%
All Time
-49.306%
avatar
Ahmed khalil
4 hours ago
sell
USDJPY@150.443
26.02.2024 06:33
Profit
-19.50
TP1: 147.235
TP2: 144.368
SL: 153.093
Market Price:
150.638
sell
USDJPY@150.435
26.02.2024 06:29
Profit
-20.30
TP1: 150.235
TP2: 150.035
TP3: 149.500
SL: 151.000
Market Price:
150.638
Profit
-35.80
TP1: 150.080
SL: 150.480
Market Price:
150.638
sell
USDJPY@150.176
21.02.2024 08:34
Profit
-46.20
TP1: 148.954
TP2: 146.339
SL: 152.396
Market Price:
150.638
avatar
Abdilatif
6 days ago
sell
USDJPY@149.983
19.02.2024 11:59
Profit
-65.50
TP1: 145.953
SL: 150.919
Market Price:
150.638
20.02.2024 00:38
Profit
-40.50
TP1: 149.760
TP2: 148.800
SL: 150.700
Close Price
150.705
Closed At
2024-02-23 09:05
avatar
Ahmed khalil
Pips
85
Signals
3
avatar
Oussama El Ramadan
Pips
41
Signals
3
avatar
Abdilatif
Pips
17
Signals
3
avatar
Vasiliy Galushko4
Pips
3
Signals
4
avatar
sara abdelazim
Pips
-46
Signals
4
Since the global financial crash of 2008, Japan’s yen has been mostly considered a dependable reserve currency. Once seen as the world’s third-largest safe haven currency due to its high liquidity and tight spreads, it is not considered safe anymore due to high volatility in the Japanese economy and markets. The USD/JPY has been favored by both experienced traders and beginners. One of the biggest pros of USD/JPY is its high daily liquidity, which creates volatility that generates many trading opportunities. Because the USD/JPY is strongly linked to the Japanese commodities market, the price swings created by the pair’s liquidity make these price movements predictable and profitable. The USD/JPY features low bid-ask spreads compared to other prominent currency pairs. These low spreads encourage trading and increase potential profits. However, there are drawbacks to consider, chiefly the volatility of this pairing, which can also lead to quick, significant losses for those not paying attention to the news cycle.
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