This report provides the real-time exchange rate between the Philippine Peso (PHP) and the Japanese Yen (JPY), helping traders quickly grasp market dynamics and identify potential trading opportunities.
Definition
The Philippine Peso (PHP) is the primary fiat currency of the Philippines, while the Japanese Yen (JPY) is a major global currency and safe-haven asset. The exchange rate between them reflects market sentiment toward both economies and serves as an important indicator for regional currency traders and investors.
Today’s Price
1 PHP = 2.63 JPY
24h High: 2.6337 JPY
24h Low: 2.6185 JPY
Market Analysis
The PHP/JPY currency pair is currently trading near key technical levels, with recent price action showing relatively tight consolidation within the 24-hour range.
Technical levels: Key resistance at 2.6370 JPY (Fibonacci pivot point), support monitored via Camarilla and DeMark’s pivot levels
Signal assessment: The pair is currently considered a hold, with mixed technical signals suggesting caution
Market outlook: Analysts project potential upward movement in March with an expected change of approximately 3.14% compared to current rates
Conclusion
Continue monitoring the PHP/JPY pair closely through technical analysis tools including moving averages, RSI, MACD, and pivot point levels. Traders should remain cautious at current levels and await clearer directional signals before establishing new positions. Watch for potential breakouts above the 2.6370 resistance level for bullish confirmation.
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Today's PHP to JPY Price Update
Summary
This report provides the real-time exchange rate between the Philippine Peso (PHP) and the Japanese Yen (JPY), helping traders quickly grasp market dynamics and identify potential trading opportunities.
Definition
The Philippine Peso (PHP) is the primary fiat currency of the Philippines, while the Japanese Yen (JPY) is a major global currency and safe-haven asset. The exchange rate between them reflects market sentiment toward both economies and serves as an important indicator for regional currency traders and investors.
Today’s Price
Market Analysis
The PHP/JPY currency pair is currently trading near key technical levels, with recent price action showing relatively tight consolidation within the 24-hour range.
Conclusion
Continue monitoring the PHP/JPY pair closely through technical analysis tools including moving averages, RSI, MACD, and pivot point levels. Traders should remain cautious at current levels and await clearer directional signals before establishing new positions. Watch for potential breakouts above the 2.6370 resistance level for bullish confirmation.