{
  "id": 10864995,
  "title": "USD/JPY Price Forecast: Tests 157.00 support after slipping below nine-day EMA",
  "url": "https://urgent.news/2026/09/30/usd-jpy-price-forecast-tests-157-00-support-after-slipping-below-nine",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-30T05:21:54.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/usd-jpy-price-forecast-tests-15700-support-after-slipping-below-nine-day-ema-202609300521"
  },
  "original_language": "en",
  "account": "The USD/JPY currency pair experienced a second day of decline, trading around 157.10 during the Asian hours on Wednesday. It is currently consolidating within a symmetrical triangle, indicating a period of temporary equilibrium between buyers and sellers, which may lead to increased volatility once the price breaks above resistance or falls below support. The pair is displaying a bearish near-term tone, with both the nine-period and 50-period Exponential Moving Averages (EMAs) below the current price. This suggests that upside attempts are being hindered despite the 14-period Relative Strength Index (RSI) sitting near the neutral band around 49, signaling consolidation rather than a decisive trend reversal. The pair may encounter resistance at the nine-day EMA of 157.22, followed by the 50-day EMA of 157.98. If the price breaks above the symmetrical triangle, the resistance lies around 158.80, potentially triggering a bullish trend and allowing the pair to approach a nearly 40-year high of 163.99, previously reached on July 23. Conversely, a break below the triangle could put downward pressure on the pair, potentially testing the 11-month low of 152.10. Analysts from MUFG/BTMU note that recent statements from policymakers in Tokyo indicate a growing resolve, suggesting that Japan may intervene to support the yen if its weakness becomes excessive. The Japanese Yen (JPY) is one of the world's most traded currencies, with its value primarily influenced by the performance of the Japanese economy, the Bank of Japan's policy, the differential between Japanese and US bond yields, and overall risk sentiment among traders. The Bank of Japan (BoJ) has the authority to intervene in currency markets, often to lower the value of the Yen, although it refrains from doing so frequently due to concerns about its major trading partners. The BoJ's ultra-loose monetary policy from 2013 to 2024 led to the Yen's depreciation against other major currencies due to a growing policy divergence between the Bank of Japan and other central banks, particularly the US Federal Reserve. This divergence has narrowed over the past year due to the BoJ's decision to gradually abandon its ultra-loose policy and interest-rate cuts in other major central banks.",
  "summary": "USD/JPY loses ground for the second successive day, trading around 157.10 during the Asian hours on Wednesday.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "Bloomberg",
        "title": "Gold Steady as Traders Weigh Lower Oil Against Higher Yields",
        "url": "https://urgent.news/2026/09/29/gold-steady-as-traders-weigh-lower-oil-against-higher-yields",
        "published": "2026-09-29T23:58:58.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Gold steady as traders weigh lower oil against higher yields",
        "url": "https://urgent.news/2026/09/30/gold-steady-as-traders-weigh-lower-oil-against-higher-yields",
        "published": "2026-09-30T01:09:27.000Z"
      },
      {
        "outlet": "FXStreet",
        "title": "Gold holds steady below $4,200 as retreating bond yields and softer USD lend support",
        "url": "https://urgent.news/2026/09/30/gold-holds-steady-below-4-200-as-retreating-bond-yields-and-softer",
        "published": "2026-09-30T03:49:35.000Z"
      },
      {
        "outlet": "Moneyweb",
        "title": "Gold steady as traders weigh lower oil against higher yields",
        "url": "https://urgent.news/2026/09/30/gold-steady-as-traders-weigh-lower-oil-against-higher-yields-10903909",
        "published": "2026-09-30T08:45:31.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}