USD/JPY Price Forecast: Hammer signals rebound risk near 156.00

FXStreet23 October 2026, 23:25 UTCJapan

The Japanese Yen finished the week on a higher note as the USD/JPY pair registered losses of over 0.74% in the week, while holding firm daily amid a sour market mood. The pair trades at 156.85 as a ‘hammer candle pattern’ forms.

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