JPY Trading Outlook Archive

USD/JPY: The pair is still playing in a tight range, bids in London tried to push the pair down to 102. However, Plosser’s comments and a nice pop in US Consumer Confidence helped USD/JPY to its 102.49 high by the daily Kijun and just above… Read more

USD/JPY: USD/JPY’s three day range were tested in London & NorAm trading. The pair remains heavy toward the NYSE close, probing the 100-HMA and hourly cloud support just above the well-touted bids between 102 and 102.10.

USD/JPY: Once again, the pair moved in a relatively tight range with the Japanese on holiday last Friday. With the N225 (Nikkei) futures badly underperformed S&Ps, traders will be eyeing on Nikkei movements and this week’s Japanese CPI data.

USD/JPY: Overnight, the pair had a very tight range of around 30-40 pips. The high of 102.55 kept the bulk of trading below the daily cloud base and exporter offer closer to 103. Further tight range plays could be seen for today due to lack… Read more

USD/JPY: Four days of heavy support on the pair around 101.20-30 range finished off with a strong rally after the FOMC announcement. The pair rallied past the daily Tenkan, Kijun, cloud base & 50% Fibo grouped by 102.50, even as stocks struggled a bit with… Read more

USD/JPY: Crimea issue had the yen crosses doing runs in both ways. Big range trades are still in play 101.20-101.90. Downside play should be limited as market awaits Japanese data and FOMC, unless 101.20 breaks.

USD/JPY: As tensions in Crimea cools off, safe heaven were sold, Nikkei rallied and all of the yen crosses made some come back from last week’s sell off, with AUD/JPY being the biggest winner. Current resistance for the pair is at 102.27 (Kijun), market will… Read more

USD/JPY: Heavy sell off in yen crosses from last Friday as investors moved to the safe heaven. The pair hit to a low of 101.20-25, support at 101.15 seems to be holding well, rebound is expected.

USD/JPY: Investors moved to JPY as market focus on Crimea issue again. Support at 101.550, 101.35 and 101.15. Nikkei open will be the main focus for early Asia as an indication of the pair.

USD/JPY: The pair dropped to a low of 102.54 and just ahead of daily Tenkan & 50% of then 101.20-103.77 rise at 102.49. Japanese bid at 102.50. Retail sales data will be the major event for the pair, a good data could help the pair… Read more