USD/JPY Articles

USD/JPY at September open price for possible further expansion. A retest of 50 EMA provides a superior reward to risk ratio but could possibly test the daily trend line where we would need to see bullish signals for USD/JPY strength. Japanese current account data in four hours’ time high is…

DXY – US Dollar Index 6 month sell off due to FED stimulus and investors seeking larger returns from the equity market has possibly found a short-term floor. In September, DXY has already risen 1% and has more room to move technically to support the  USD/JPY  106.800 level. 

4 Hour Chart – USD/JPY 15/05/2020 10:50am Essential Insights USD/JPY is experiencing difficulties breaking and sustaining price above the 107 level.US initial jobless claims declined from 3176k to 2981k, but still disappoint.US Retail Sales are estimated to have dropped 10% in April. Technical USD/JPY is struggling to maintain prices above…

A second stimulus is expected from the Japanese government The USD/JPY is appreciating amid the slow economy in JapanThe fed left the interest rates with no change Technical Analysis: The USD/JPY is still flirting with the 106 level without succeeding to break it and close below it.  As it appears on…

- Falling Yield Capping Upside Gains. - USD/JPY struggling to hold 107 handles. - Mixed themes impacting the greenback.

USD/JPY has rejected sharply from its long-term bearish channel. US Treasury Yields at historical lows. Dollar Index risen to test important 100.00 level.

BOJ decided, again, to ease its monetary policy to battle the pandemic. Tokyo is not ready to lift lockdown restrictions. The USD/JPY breached the monthly resistance (107 level) downward.

USD/JPY is one of the pairs that traders always keep an eye on. The Yen is considered a safe-haven currency in any political tension or disaster.

The Japanese yen has been plummeting this Monday, pressures on the economy continue to mount.

USD/JPY – Roaring higher since mid-march 2018 Why it’s on my watch list: USD/JPY has been in a roaring higher since mid-march 2018: +900 pips. USD/JPY – Roaring higher since mid-March 2018. This has been spurred along due to fundament factors continuing to play out. Given recent pullbacks, we could…

Back on September 25th Japanese prime minister Shinzo Abe called a snap election for Japan’s lower house of parliament – an election that didn’t need to be held until the end of 2018. That election will take place this coming Sunday, the 22nd of October. Much like his counterpart in…

Daily Chart – USDJPY 5/10/2017 16:00 EST SupportResistanceS1: 109.10R1: 110.25S2: 108.75R2: 111.20S3: 108.20R3: 114.00 Essential Insights The USDJPY has started to consolidate after its strong start to the week, pulling back off its highs to around the 112.80 level. We would expect this pair to remain in a tight trading…

4-Hour Chart – USDJPY 3/10/2017 14:00 EST SupportResistanceS1: 109.10R1: 110.25S2: 108.75R2: 111.20S3: 108.20R3: 114.00 Essential Insights The USDJPY has started the week in strong fashion, rising from lows of 112.44 on Monday to as high as 1.1300 early in Tuesday’s trading session.  We expect the US Dollar strength to continue…

Daily Chart – USDJPY 28/9/2017 14:00 EST SupportResistanceS1: 109.10R1: 110.25S2: 108.75R2: 111.20S3: 108.20R3: 114.00 Essential Insights The US Dollar strength regained momentum yesterday as the USDJPY made a new 10 week high.  The last week of the trading month may see this pair test the resistance level at 114.00, but…

Daily Chart – USDJPY 26/9/2017 14:00 EST SupportResistanceS1: 109.10R1: 110.25S2: 108.75R2: 111.20S3: 108.20R3: 114.00 Essential Insights As the close correlation of the US Dollar and the US stock market continues, heightened tensions on the Korean Peninsula have paused last week’s US Dollar momentum.  The rhetoric between President Trump and North…

Daily Chart – EURUSD 19/9/2017 14:00 EST SupportResistanceS1: 109.10R1: 110.25S2: 108.75R2: 111.20S3: 108.20R3: 114.00 Essential Insights The USDJPY has continued the upward momentum it displayed last week, breaking through the overhead resistance at 111.20 early in Monday’s session.  This drive-up has been aided by the Dow Jones Index continues to…