JPY Trading Outlook Archive

The Japanese Yen (JPY) USD/JPY was under pressure after the FED Speech with expectations of action at the FOMC September 14 still very likely. Support has been seen at Y78.20 and there is a lot of buyers between here and Y77.90. AUD/JPY selling is adding… Read more

The Japanese Yen (JPY) USD/JPY fell below Y78.50 as the Crosses slumped further in Asia on Friday. EUR/JPY and AUD/JPY are testing the downside with US stocks now falling for the past week ahead of the Bernanke speech. USD/JPY will be one of the main… Read more

The Japanese Yen (JPY) USD/JPY was supported making small gains overnight as traders hedge bets on Bernanke’s speech tomorrow. EUR/JPY and GBP/JPY are supporting the major but AUD/JPY is following commodities lower and dampening the sentiment of the Japanese Carry Trade.

The Japanese Yen (JPY) USD/JPY is finding support above Y78.50 but barely moving this week as the USD risk event on Friday keeps traders sidelined. Further talk of QE3 from FED Chief Bernanke will see the Y78 level tested whilst delaying or downplaying will see… Read more

The Japanese Yen (JPY) the USD/JPY reversed from Y78.80 to Y78.50 in Asia Tuesday after the Japanese Government downgraded its economic outlook with the EUR/JPY and AUD/JPY also falling sharply. Strong support is seen between Y78.50-78.00 and we should break below before Friday.

The Japanese Yen (JPY) the USD/JPY managed small gains as the QE3 expectations continued to drop for the US as recent data remained stronger than forecast. The direction of USD/JPY will be greatly influenced by the Jackson Hole speech and the eagerly awaited talk has… Read more

The Japanese Yen (JPY) the USD/JPY consolidated the losses from the Dovish FOMC minutes and settled near Y78.50 in quiet trade. EUR/JPY buying is supporting but the AUD/JPY is hurting as risk aversion due to the US stock slide overnight sparked some heavy selling.

The Japanese Yen (JPY) the USD/JPY was hammered lower as the QE3 was put firmly back on the table in the FOMC minutes. Support at Y79 was broken and the pair quickly fell to Y78.50 undoing most of the rally last week in a single… Read more

The Japanese Yen (JPY) USD/JPY was kept to the sidelines with action on the other majors and the Yen crosses the main story overnight. EUR/JPY obviously did well up to new rally highs above Y99 before easing slightly in the Asian session today as Japanese… Read more

The Japanese Yen (JPY) profit takers emerged as the USD/JPY rally stalled near Y79.60 and we fell slowly back to Y79.30 during roughly the same time the USD was weakening against the EUR/USD. The Yen crosses are important especially the EUR/JPY which will help dictate… Read more