The USD/JPY currency pair is expected to consolidate within a range of 157.90 to 159.00 in the near term, according to analysts at UOB Group. This range indicates a period of stability in the exchange rate as traders assess market conditions and sentiment surrounding the US Dollar.
Looking further ahead, the potential for a strong rally in the USD could lead to a break above the 160.00 level. Analysts Quek Ser Leang and Peter Chia suggest that sustained bullish momentum could drive the dollar higher, influencing trading strategies and positioning in the forex market. As the USD remains under scrutiny, market participants will closely monitor economic indicators that could impact its trajectory against the yen.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2026-01-15 10:24
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.