JPY Trading Outlook Archive

The Japanese Yen (JPY) broke above Y85 in a strong move higher lifting all the crosses with the market beginning a new trend. The close above Y85 is going to help cement the move higher and if crosses continue to rally then the major may… Read more

The Japanese Yen (JPY) found support under Y84 to finish just above the figure on a strong footing. The pullbacks have been very subdued and a test of Y85 is likely in the coming months. EUR/JPY and AUD/JPY experienced slight profit taking as well but… Read more

The Japanese Yen (JPY) was under heavy selling pressure with the strong US jobs data sending the USD/JPY soaring above Y84 and EUR/JPY to Y120. The return of the carry trade is on everyone&rsquo s minds with the markets still thousands of pips off 2007… Read more

The Japanese Yen (JPY) pushed above Y83 in another solid move for the major with an uptrend possible if more technical levels can be broken today with the US NFP data. Crosses continued higher with EUR/JPY extending week gains above Y118. Overall the USD/JPY traded… Read more

The Japanese Yen (JPY) remained strong supported by the strong ADP Employment report at 201k vs. 208k previously. Crosses enjoyed solid gains with AUD/JPY year highs above Y85 and EUR/JPY now above Y117 in very one sided moves. Overall the USD/JPY traded with a low… Read more

The Japanese Yen (JPY) was strong pushing to pre earthquake levels above Y82 on the hawkish comments from a Fed member that they may close the QE2 program early. AUD/JPY moved above Y84 and EUR/JPY above Y116. The Yen is under pressure technically with many… Read more

The Japanese Yen (JPY) the market grinded higher on support for risk and strong crosses. EUR/JPY pushed back above Y115. USD/JPY resistance was found at Y81.80 before stabilizing. GBP/JPY has been underperforming in recent session as Cable falls back but is holding above Y130. Overall… Read more

The Japanese Yen (JPY) USD/JPY started to rally on Friday as the USD moved higher on the FED speak from Plosser. EUR/JPY and GBP/JPY held up well even as the majors fell and could be set for moves higher over the medium term as they… Read more

The Japanese Yen (JPY) was contained against the USD trapped by real money selling on the topside and BOJ support on the downside. EUR/JPY and AUD/JPY surged towards recent months highs as the majors move to year highs. Overall the USD/JPY traded with a low… Read more

The Japanese Yen (JPY) USD/JPY kept very quiet for another day with the market moving more on the crosses. The EUR/JPY fell after the Portugal news but the AUD/JPY remained strong and edged higher with stocks. Overall the USD/JPY traded with a low of 80.69… Read more