UOB analysts maintain a 157.50–159.05 range for USD/JPY over the next three weeks, while signaling a bearish shift in momentum for the medium term.
UOB analysts see range trading but highlight building downward momentum for USD/JPY, pointing to further USD weakness against JPY.
United Overseas Bank analysts project a near-term consolidation for the USD/JPY pair, with a 24-hour trading range between 157.80 and 158.50. While the pair remains range-bound in the short term, analysts identify building downward momentum that suggests potential weakness over the coming months.
UOB analysts expect the pair to remain range-bound in the short term but note increasing downward momentum that could lead to further weakness in the coming months.