USD JPY Forecast

Gold struggles to extend gains as U.S. rates remain elevated, while USD/JPY finds support from the wide interest rate differential despite Bank of Japan intervention.

AUD/USD tests key resistance while USD/JPY extends its long-term uptrend as higher U.S. interest rates and geopolitical uncertainty continue supporting the U.S. dollar.

USD/JPY is testing resistance along a long-term downtrend line as a potential rising wedge pattern nears completion.