BoJ intervention rumours push USDJPY lower
The USD continues to lose ground against the yen, with quotes testing the 156.70 level. Discover more in our analysis for 10 February 2026.
USDJPY technical analysis
On the H4 chart, the USDJPY pair formed an Engulfing reversal pattern near the upper Bollinger Band and is trading around the 155.40 level. At this stage, the price may continue its downward wave following the pattern’s signal, with the downside target at 154.50.
The yen continues to strengthen against the USD, with technical analysis of USDJPY suggesting a decline towards the 154.50 support level.
Read more - USDJPY Forecast
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team
The USD continues to lose ground against the yen, with quotes testing the 156.70 level. Discover more in our analysis for 10 February 2026.
USDJPY technical analysis
On the H4 chart, the USDJPY pair formed an Engulfing reversal pattern near the upper Bollinger Band and is trading around the 155.40 level. At this stage, the price may continue its downward wave following the pattern’s signal, with the downside target at 154.50.
The yen continues to strengthen against the USD, with technical analysis of USDJPY suggesting a decline towards the 154.50 support level.
Read more - USDJPY Forecast
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team