JPY Trading Outlook Archive

The Japanese Yen (JPY) the USD/JPY is under pressure as the Yen cross complex collapses with EUR/JPY near record lows and the AUD/JPY being liquidated by margin accounts in Japan. The USD/JPY support at Y79 has broken in Asia and it hard to see where… Read more

The Japanese Yen (JPY) the USD/JPY is stuck in the recent range bracketed by sell orders above Y80 and buy orders below Y79.50. EUR/JPY is pushing lower and lower below Y100 as the EUR/USD falls apart and we could be targeting 2011 lows near Y97.

The Japanese Yen (JPY) the USD/JPY was under heavy pressure in Asia yesterday breaking below Y79.50 support but the selling was contained below and we finished back above the range support. Crosses are struggling to hold rallies with the EUR/JPY back below Y100 and the… Read more

The Japanese Yen (JPY) the USD/JPY has been caught in an Y79.50-Y80 range with the USD strength and Yen Strength both competing for the strongest safe haven lately. The Yen crosses are still where the action is and we are looking to trade both ways… Read more

The Japanese Yen (JPY) mirrored a EURJPY trading session low of 99.37 following a slate of negative numbers out of the Eurozone. Yet as US Markets had a late session rally, the USDJPY once again managed to keep above the 79.00 handle, although topside seems… Read more

The Japanese Yen (JPY) rallied across all majors, as risk-off markets pushed the USDJPY down to levels near 79.20 having traded above 80 earlier in the Asian session. The hardest hit was the EURJPY, falling from 100.85 to 99.55 shortly after the Reuters reports circulated… Read more

The Japanese Yen (JPY) suffered on the back of Fitch move to downgrade its economy to A+ with a negative outlook. Such a move, added to recent trends, ensured the currency pair once again failed to break below 79.00.Further, markets flight to USD safety, in… Read more

The Japanese Yen (JPY) was restricted to a tight trading range, with interest and buying appetite seen near the key 79.00 level, yet capping pressure toward 79.50. The flow in to EURJPY seemed to over shadow as the cross currency was able to sustain a… Read more

The Japanese Yen (JPY) rallied broadly in Asia, as heavy selling on Yen crosses, headlined by the AUDJPY and the NZDJPY. The AUDJPY cross bounced off Friday lows near 77.50 to trade back above 78 in Asia as sentiment may have been boosted in light… Read more

The Japanese Yen (JPY) the USD/JPY was well supported yesterday both on Dollar demand and rumors in the market the MOF is looking to possibly intervene again. Yen Crosses are heavily oversold and any large bounce in these pairs will help the USD/JPY rally.