Created
: 2025.10.09
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
USD/JPY: Likely to test 153.00 before a sizeable pullback - UOB Group
World FX news
Breaking news
USD/JPY: Likely to test 153.00 before a sizeable pullback - UOB Group
New
2025.10.09 20:55
2025.10.09 20:55
2025.10.09 20:55
There is a chance for US Dollar (USD) to test 153.00 again before a more sustained and sizeable pullback can be expected. In the longer run, further USD strength is likely; the level to watch is 153.80, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Further USD strength is likely
24-HOUR VIEW: "USD surged two days ago. Yesterday, when USD was at 152.30, we indicated that 'while impulsive momentum is likely to outweigh the deeply overbought conditions, it remains to be seen if USD can break above 153.00 today.' USD subsequently rose to a high of 152.99 and then pulled back to close higher for the fifth straight day (152.68, +0.51%). While conditions remain deeply overbought, there is a chance for USD to test 153.00 again before a more sustained and sizeable pullback can be expected. Support is at 152.00, followed by 151.50."
1-3 WEEKS VIEW: "We turned positive on USD at the start of the week. Yesterday (07 Oct, spot at 150.35), we highlighted that 'further USD strength is likely, and the level to watch is 153.80.' We will continue to hold the same view as long as the 'strong support' at 150.90 (level was at 150.50 yesterday) holds."
Last updated
: 2025.10.09
Related articles
GBP: Reeves signals tough budget or plays politics? - MUFG
4 minutes agoChina's top trade negotiator: Hope US would create favorable conditions for cooperation
9 minutes agoEUR/USD may not be able to reach 1.1450 today - UOB Group
19 minutes agoUSD: Shutdown hits new record as focus shifts to Supreme Court - MUFG
22 minutes agoDXY at 100 - squeeze or new uptrend? - DBS
30 minutes agoUSD: December will probably be very important - Commerzbank
36 minutes ago
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
GBP: Reeves signals tough budget or plays politics? - MUFG
The Pound Sterling (GBP) was for much of yesterday the worst performing G10 currency although it ended the day third worst as Gilt yields initially gapped lower on the open before modestly recovering in response to the early morning speech by Chancellor Reeves.
New
2025.11.05 18:54China's top trade negotiator: Hope US would create favorable conditions for cooperation
Following his meeting with the agriculture delegation from the United States (US) on Wednesday, China's top trade negotiator Li Chenggang urged the US to create favorable conditions for cooperation.
New
2025.11.05 18:48EUR/USD may not be able to reach 1.1450 today - UOB Group
Further declines are not ruled out; clear positive divergence suggests EUR may not be able to reach 1.1450 today. In the longer run, EUR is expected to weaken further; the next level to watch is 1.1450, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.11.05 18:38USD: Shutdown hits new record as focus shifts to Supreme Court - MUFG
The US Dollar (USD) advanced to levels above 100 in Dollar Index (DXY) yesterday and EUR/USD broke below the 1.1500-level although the technical breaches of these levels has not as yet triggered any increased momentum for buying.
New
2025.11.05 18:35DXY at 100 - squeeze or new uptrend? - DBS
The Dollar Index (DXY) rebound to late-July's 100 level reflects a confluence of near-term supporting factors - Fed Chair Jerome Powell's pushback on a December rate cut amid tight funding conditions and haven demand as the US government shutdown enters its second month, DBS' Senior FX Strategist Ph
New
2025.11.05 18:27Dow Jones Futures jump as Fed easing hopes boost risk appetite
Dow Jones Index futures are showing minor gains during Wednesday's European morning session as market sentiment remains fragile on concerns about an overvaluation of tech stocks, as markets reassess their expectations of monetary easing by the Federal Reserve.The main Wall Street Indexes are set to
New
2025.11.05 18:27USD: December will probably be very important - Commerzbank
I think that the easing of tensions on the trade front is good for everyone involved. This includes central banks, which may now have the opportunity to set their monetary policy in a somewhat less uncertain environment. I would like to point out one aspect in particular.
New
2025.11.05 18:21USD: Dollar doing well, ADP to determine next move - ING
A more defensive mood has gripped global markets and FX this week.
New
2025.11.05 18:13USD/JPY: Dragged lower by risk-off trades - OCBC
USD/JPY fell amid demand for safe haven proxy, JPY. Pair was last seen at 153.52 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
New
2025.11.05 18:04European Gas prices extend gains as weather risks mount - ING
European Natural Gas prices rose again as colder weather and lower wind generation boosted demand expectations, even as storage levels remain below average and speculative interest stays muted, ING's commodity experts Ewa Manthey and Warren Patterson note.
New
2025.11.05 17:59Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
