{
  "id": 2295392,
  "title": "USD/JPY Price Forecast: 20-day EMA remains key hurdle",
  "url": "https://urgent.news/2026/08/21/usd-jpy-price-forecast-20-day-ema-remains-key-hurdle",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-21T04:08:49.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/usd-jpy-price-forecast-20-day-ema-remains-key-hurdle-202608210408"
  },
  "original_language": "en",
  "account": "The Japanese Yen (JPY) has been trading within a narrow range of approximately 159.00 against the US Dollar (USD) during Friday's Asian trading session. Both currencies have been underperforming compared to other currency peers. Rabobank's FX team suggests that the recent decline in the USD, following the announcement of Treasury Secretary Bessent's buyback plans, has contributed to easing pressure on the USD/JPY pair, moving it away from the critical 160 level. The Bank of Japan (BoJ) is anticipated to intensify its rate hike efforts, with a projected 3-month USD/JPY forecast of 158. However, they have not ruled out the possibility of further upside attempts in the near term. The recent release of higher-than-expected Japan's National Consumer Price Index (CPI) data for July has further bolstered expectations of a BoJ rate hike. On the daily chart, USD/JPY is trading at 158.98, trading beneath the 20-day exponential moving average (EMA) at 159.59. This bearish short-term trend suggests that upward movements may face challenges while the pair remains below this key technical indicator.",
  "summary": "The Japanese Yen (JPY) trades in a limited range at around 159.00 against the US Dollar (USD) during the Asian trading session on Friday. The pair consolidates, while both the JPY and the USD are underperforming against their other currency peers.",
  "key_points": [
    "USD/JPY trading at 158.98, below 20-day EMA at 159.59",
    "Rabobank predicts 3-month USD/JPY to reach 158",
    "BoJ expected to increase rates, potential further upside attempts"
  ],
  "editors_take": "The yen's recent gains against the dollar are likely to face challenges as long as the USD/JPY pair remains below the 20-day EMA, a key technical indicator that now acts as a hurdle.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}