JPY Trading Outlook Archive

The Japanese Yen (JPY) weakened as risk appetite picked up and the market bought Yen crosses aggressively from week lows on Monday. A short term base has been found at the Y82.50 region and a test of Y83 is likely on coming sessions. Overall the… Read more

The Japanese Yen (JPY) was the safe haven of choice in the market yesterday with the US downgrade sending investors to push USD/JPY below Y83 to Y82.50 supports. EUR/JPY was the biggest move falling over 3 big figures as risk aversion picked up. Overall the… Read more

The Japanese Yen (JPY) had a very strong day gaining across the board as the recent uptrend is tested on many crosses. USD/JPY tested Y83 and EUR/JPY tested support under Y120. The outlook is quite mixed as the USD/JPY rally begins to unravel and the… Read more

The Japanese Yen (JPY) hit day lows after the weak weekly jobless claims testing Y83. The level saw good support and the major bounced with crosses back to more familiar levels at Y83.50 and Y121. Overall the USD/JPY traded with a low of 82.94 and… Read more

The Japanese Yen (JPY) the USD/JPY move to day highs at the start of the US session on some EUR/JPY buying but this was reversed later as analysts downgraded US GDP forecasts and US Bond yields fell in response. USD/JPY moves are closely linked with… Read more

The Japanese Yen (JPY) the yen was strong testing Y83.50 twice during the day on concerns the nuclear crisis was worse than initially forecast and the market bought the safe haven. Intervention fears have subsided and USD weakness/strength has begun to set the tone for… Read more

The Japanese Yen (JPY) the Yen gained strength on most pairs as news of fresh aftershocks spooked the market and encourage profit taking. USD/JPY fell back towards Y84 searching for support while EUR/JPY and AUD/JPY fell heavily. Overall the USD/JPY traded with a low of… Read more

The Japanese Yen (JPY) reversed direction with the USD weakness prompting a move back below Y85. Most crosses were strong with movement in the majors counteracting the USD/JPY move lower. The outlook for the Yen is closely tied with the fate of global stock markets… Read more

The Japanese Yen (JPY) the USD/JPY fell sharply in the US session on news of the strong aftershock but when no damage was reported the pair reclaimed the key Y85 level and crosses marched higher. Overall the USD/JPY traded with a low of 84.47 and… Read more

The Japanese Yen (JPY) continued to be pressured as the new trend sent most pairs higher. USD/JPY move up to Y85.50 resistance but crosses traded at fresh year highs. EUR/JPY traded above Y122 to fresh post Debt crisis highs. Overall the USD/JPY traded with a… Read more