JPY Trading Outlook Archive

The Japanese Yen (JPY) USD/JPY spent another day consolidating falling back to Y90.30 before strong buying emerged and we once again finished near Y91 highs. EUR/JPY had a similar chart pattern for the day but exaggerated the range down to Y121.50 before reversing to Y122.50…. Read more

The Japanese Yen (JPY) is still the main currency pair in play with the major testing resistance above Y91 before easing back to Y90.50 support. Analysts suggest that the speed of the recent USD/JPY rise will need considerable time to work through overbought levels. Yen… Read more

The Japanese Yen (JPY) remained under constant selling pressure with Japanese officials talking of Y95-100 as normal levels for the USD/JPY. At the WEF Japanese EconMin Amari played down fears of Japan breaking FX rules stating he was only trying to stop deflation and not… Read more

The Japanese Yen (JPY) was the main game in town with everyone watching the USD/JPY and Yen crosses moving sharply lower. EUR/JPY traded in a 350 range with the market liquidating the Yen after the Government jawboned again yesterday ending 3 days of Yen strength…. Read more

The Japanese Yen (JPY) USD/JPY and the Yen crosses all dipped overnight but found support before bouncing back to opening levels in a good day for the Bulls hoping that the correction was nearing completion. Caution is still needed however with comments from Global policymakers… Read more

The Japanese Yen (JPY) USD/JPY was the most watch pair in the market yesterday with the BOJ delivering on the 2% inflation target but this proved a perfect time to book profit and we saw wild swings in most JPY pairs. A base was found… Read more

The Japanese Yen (JPY) USD/JPY is receiving attention as the BOJ meet and could announce fresh measures to weaken the yen and boost the economy through exports. While some BOJ members are against an inflation target others are happy to aggressively weaken the Yen which… Read more

The Japanese Yen (JPY) USD/JPY closed above Y90 as the bulls remain in control ahead of the BOJ meeting tomorrow. Investors expect the BOJ to announce a new 2% inflation target that the Government has been pressuring the central bank to adopt since they swept… Read more

The Japanese Yen (JPY) USD/JPY surged to Y90 in a keenly awaited test of the major Psychological level. We have not broken the level so far in Asian trade on Friday as profit taking has capped so far but the trend is strong and we… Read more

The Japanese Yen (JPY) USD/JPY was dragged lower to Y88 for a strong test of the uptrend overnight. Support was found at Y87.80 before we rebounded aggressively back to Y88.70 in the US session. EUR/JPY amplified the USD/JPY move with a dip to Y116.50 reversing… Read more