- Trading
- Instrument Specifications
- Currency Pairs
- USD / JPY Investing
Trade USD / JPY | Spot Forex
USD/JPY Forex Trading Conditions
| Options | Standard-Fixed & Floating | Beginner-Fixed & Floating | Demo-Fixed & Floating |
|---|---|---|---|
| Fixed spread, pip | 1.8 | 1.8 | 1.8 |
| Floating Spread, pip | 0.5 | 0.5 | 1.8 |
| Order distance, pip | 3.6 | 3.6 | 3.6 |
| Swap, pip (Long/Short) | 0.17 / -2.52 | 0.17 / -2.52 | 0.17 / -2.52 |
| Digits | 0.01 | 0.01 | 0.01 |
|
Available volumes | >=10000.00 USD | 100.00 – 100000.00 USD | >=100.00 USD |
| Contract size | -/- | -/- | -/- |
|
1 pip value per 100000 | 1000 JPY | 1000 JPY | 1000 JPY |
| Options | Standard-Fixed | Micro-Fixed | Demo-Fixed | PAMM-Fixed |
|---|---|---|---|---|
| Fixed spread, pip | 1.8 | 1.8 | 1.8 | 1.8 |
| Order distance, pip | 3.6 | 3.6 | 3.6 | 3.6 |
| Swap, pip (Long/Short) | 0.17 / -2.52 | 0.17 / -2.52 | 0.17 / -2.52 | 0.17 / -2.52 |
| Digits | 0.01 | 0.01 | 0.01 | 0.01 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 100000 USD | 100000 USD | 100000 USD | 100000 USD |
|
1 pip value per 1 lot | 1000 JPY | 1000 JPY | 1000 JPY | 1000 JPY |
| Options | Standard-Floating | Micro-Floating | Demo-Floating | PAMM-Floating |
|---|---|---|---|---|
| Floating Spread, pip | 0.5 | 0.5 | 1.8 | 0.5 |
| Order distance, pip | 3.6 | 3.6 | 3.6 | 3.6 |
| Swap, pip (Long/Short) | 0.17 / -2.52 | 0.17 / -2.52 | 0.17 / -2.52 | 0.17 / -2.52 |
| Digits | 0.01 | 0.01 | 0.01 | 0.01 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 100000 USD | 100000 USD | 100000 USD | 100000 USD |
|
1 pip value per 1 lot | 1000 JPY | 1000 JPY | 1000 JPY | 1000 JPY |
USD JPY Trading Hours
USD JPY trading hours are the time when investors can buy and sell USD JPY. The USD JPY is traded on multiple exchanges around the world. This means that investors have many different opportunities to trade USD JPY during different trading hours. Depending on where you live, you may be able to trade USD JPY at any time throughout the day or night. For those who want to take advantage of these opportunities, it is important to know when USD JPY trading hours begin and end.
USD/JPY Technical Analysis
The USDJPY technical analysis of the price chart on 1-hour timeframe shows USDJPY: H1 is rebounding above the 200-period moving average MA(200) after retracing lower following a climb to two-week high yesterday. We believe the bullish movement will continue after the price breaches above the upper bound of the Donchian channel at 149.73. A level above this can be used as an entry point for placing a pending order to buy. The stop loss can be placed below 149.14. After placing the order, the stop loss is to be moved to the next fractal low indicator, following Parabolic signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.
Fundamental Analysis of Forex - USD/JPY
Japan’s machinery orders decline deepened in January. Will the USDJPY price advancing continue?
Japan’s machinery orders decline accelerated in January: the Cabinet Office of Japan reported private-sector machinery orders, excluding volatile ones for ships and those from electric power companies, fell by 3.5% over month in January after 1.2% decrease in December when an 0.1% decline was forecast. It is the steepest decline since late 2023. Orders from the manufacturing sector fell 1.3%, while non-manufacturing orders slumped 7.4%. Machinery orders are important indicator for capital spending, which is essential for economic growth. Indication of lower capital spending is bearish for yen and bullish for USDJPY. At the same time, while Japan’s trade deficit shifted into surplus, it fell short of expectations: the trade balance recorded a surplus of ¥584.5 billion in February from a deficit of ¥415.43 billion in the same month a year earlier, below expectations for a ¥722.8 billion surplus. Slower than expected increase in trade surplus is also bearish for yen and bullish for USDJPY.
| Indicator | Signal |
| RSI | Neutral |
| MACD | Buy |
| Donchian Channel | Neutral |
| MA(200) | Buy |
| Fractals | Buy |
| Parabolic SAR | Buy |
The USD/JPY is also known as the “gopher” and it is the world’s second most traded pair. The value of these currencies is affected greatly by the interest rate differential between the Federal Reserve and the Bank of Japan.
USDJPY Trading
The USDJPY is also known as the “gopher” and it is the world’s second most traded pair. The value of these currencies is affected greatly by the interest rate differential between the Federal Reserve and the Bank of Japan. This pair presents how many Japanese yen are needed to trade USDJPY. For a deeper understanding how to trade currency pairs, for example USDJPY, you will need to know about bid and ask, pips and more, we suggest to start from basics "What is Forex Trading".
Currency Pair USDJPY | Forex | Major
The US dollar (USD, “Greenback”) is the most widely traded currency in the world. The issuer is the Federal Reserve System(the Fed).
- Is the most popular reserve currency, held by central banks, financial institutions and private investors
- Is considered as a “safe haven” currency in periods of instability due to universally recognized reliability of the US economy
- Is used as a standard payment unit in commodity markets
