USD/JPY consolidated in the low 159s during today's Asian session, with the upside limited as sell orders began to cluster around 159.50. Foreign exchange order information shows levels that may influence future market direction.
In today's foreign exchange market, USD/JPY remained in a narrow range in the low 159s. Dollar-buying pressure against the backdrop of higher crude oil prices provided support, while concern over intervention to curb yen depreciation capped the upside.
Current order flow shows sell orders at 159.400, 159.450, 159.500, 159.700 and 159.750 on the topside, with stop-buying activity confirmed at 159.500. On the downside, bids are lined up at 158.900 and 159.000, while stop-selling activity has also been observed at 159.300. In particular, sell orders have begun to cluster around 159.500.
The “Foreign Exchange Order Information” provided by 外為どっとコム is attracting attention as a key indicator for future market developments, and the same information can also be viewed on the GFX smartphone app. Charts showing current levels and order flow are included as well.