JPY Trading Outlook Archive

The Japanese Yen (JPY) USD/JPY found support on the dip towards Y83.50 on Monday before resuming the uptrend yesterday. USD/JPY closed at Y84.30 close to the month highs at Y84.50. EUR/JPY led the charge higher overnight up above Y111.50 and is holding gains in Asia… Read more

The Japanese Yen (JPY) USD/JPY pulled back from Y84.50 to Y83.70 before support was found and we have resumed selling the Yen again today in the Asia. The new Japanese Government will be looking for the BOJ to adopt its 2%inflation target by the end… Read more

The Japanese Yen (JPY) USD/JPY was the only major where the USD gained ground with traders aggressively buying the Yen crosses and this lifted the major back to Y82.50. Traders are wary though because any USD weakness post FOMC tonight will directly affect the USD/JPY… Read more

The Japanese Yen (JPY) USD/JPY found support at Y82.10 after being dragged lower from EUR/JPY selling but we have since rebounded in Asian trade on Tuesday. The Japanese elections are having a massive impact on the currency with opposition promises to stimulate the economy through… Read more

The Japanese Yen (JPY) USD/JPY was sidelined while the action was taking place on the EUR/USD overnight. EUR/JPY slumped inline with the major and is threatening the uptrend if we falls for a second day. USD/JPY is always a big mover when the US Jobs… Read more

The Japanese Yen (JPY) USD/JPY resumed its uptrend gaining back to Y82.40 after stronger US data encouraged buyers back to the major. EUR/JPY touched fresh rally highs near Y108 but since then we have seen some profit taking in most crosses during the Asia session… Read more

The Japanese Yen (JPY) USD/JPY pulled back to Y82 in quiet trade with buyers waiting for support given the recent run higher from Y80. EUR/JPY bounced along the Y107 level and is once again on the march higher in Asia Wednesday.

The Japanese Yen (JPY) USD/JPY came under profit taking pressure after failing to get above Y82.50 resistance and we have pulled back to Y82 in Asia so far. The US ISM fail combined with overbought Yen crosses to all pull back slowly. Friday’s US Nonfarm… Read more

The Japanese Yen (JPY) USD/JPY pressed higher in Asian on Friday but we stalled across the whole Yen complex in the US session and pulled back to Y82.40 support. The uptrend is in play and longs are targeting the Y83 resistance. Talk in the market… Read more

The Japanese Yen (JPY) saw the EURJPY post levels above 126.00 for the first time in almost 7 months. Many cross currencies managed to rally against the Yen as optimism continued to spur buying frenzy.