JPY Trading Outlook Archive

The Japanese Yen (JPY) USD/JPY was the most active pair in the market with a sharp reversal from Y80 after the US GDP data failed to inspire fresh gains. Profit taking ahead of the BOJ meeting dominated the price action Friday. The BOJ is expected… Read more

The Japanese Yen (JPY) USD/JPY was in the headlines breaking and closing above the Y80 level. Further gains saw Y80.40 tested and we could be in store for sharp moves higher if the shorts capitulate. AUD/JPY and EUR/JPY have both been underperforming and could add… Read more

The Japanese Yen (JPY) USD/JPY pulled back from Y80 but only 30 pips to Y79.70 with buyers still hoping to break above the big figure. Large orders are reported at the level with traders stops are above. Yen crosses are supporting and there has been… Read more

The Japanese Yen (JPY) USD/JPY tested Y80 but large offers have capped so far and some risk aversion later weighed via the Yen crosses. AUD/JPY and GBP/JPY were the weakest falling sharply from recent highs. The outlook is still positive as the market prices in… Read more

The Japanese Yen (JPY) the currency in focus with a string of recent gains getting attention and technical calls for more topside on the USD/JPY and the crosses. Investors talk of global currency wars in which Japan has let other currencies weaken at the cost… Read more

The Japanese Yen (JPY) USD/JPY remained strong near recent highs at Y79.50 with investors remaining bullish on the assumption the US economy will outpace Japan. The Yen crosses were mixed with the EUR/JPY and AUD/JPY both falling sharply as the recent rally was wound back.

The Japanese Yen (JPY) the USD/JPY was very strong supported on dips to Y79 and is at fresh month highs above Y79.40 in Asia trade Friday. EUR/JPY is leading the crosses higher with the important cross hitting Y104 overnight before pulling back on profit taking… Read more

The Japanese Yen (JPY) USD/JPY broke above Y79 as the Yen selling accelerated overnight and has become the funding country of choice recently. EUR/JPY and AUD/JPY in particular were very strong with both gaining over 100 pips yesterday and remain technically bullish.

The Japanese Yen (JPY) EUR/JPY was the strongest currency in the market trading above Y103 and well supported from both the EUR/USD and USD/JPY moves. The outlook is mixed for the USD/JPY with heavy resistance above Y79 to Y80 likely capping the topside and range… Read more

The Japanese Yen (JPY) USD/JPY led the Yen crosses higher with strong US data underpinning the recent rally from Y78 to Y78.80. EUR/JPY rallied past Y102 and some traders have been caught short on the important cross as it fell towards Y100 last week.