The Dollar has gone down to the 96.70 support level after being rejected at the 97.10/25 area, giving away gains from the European session. Read more…

USD/JPY has risen above the 96.00 level after the better-than-expected Philadelphia Fed Business Index, and the pair has posted 96.35 as a fresh intra-day high. The pair has risen 60 pips in the last two hours. Currently, the pair is trading positive after rising 0.30% so far today from the opening price to the current 96.25/35. Read more…

The 130 pips rejection movement from 97.30 has found support at 96.20 level. The pair has begun to rise slightly to levels above 96.40. Currently, the pair is trading around 96.35/45, 1.30% below today’s opening price.

Valeria Bednarik, FXstreet.com collaborator, comments that the Yen is winning on risk aversion: “Wall Street is following the previous session’s negative tone and stands barely positive at this moment, unable to move away from opening levels.” Read more…

After rejection from the 98.55 resistance level, the Dollar has dropped all the way to 97.90, breaking through intra-day support at 98.00/10.

According to Peter Rosentreich, technical analyst at ACM – Advanced Currency Markets- we might see the Dollar dropping to 97.10: “Risk aversion creeps back into markets as the dollar gains across the board and Yen outperforms the dollar. We are testing crucial support at 98.10, which would see breakout to 97.10. On the upside, resistance comes in at 98.57 with a crucial level in at 98.90, which would set the tone for further gains towards 100.00.” Read more…

USD/JPY has been stable during the American session, moving inside a lateral channel. The range has a support at 98.15 and resistance at 98.30. So far today the pair is up 0.55% for the day. USD/JPY moved all week inside a bigger range between 97.02 and 98.90.
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The U.S. Dollar is rising across the board today, including the yen. USD/JPY reached an intra-day high at 98.41, which is 135 pips above the lowest of the day at 97.07. After bottoming, the Dollar got stronger and started to rise. Read more…

FXstreet.com (Barcelona) – USD/JPY has declined slightly during Tuesday’s Asian session, and the pair has broken below the 98.20 support level to reach levels around 98.00 at the time of writing.

FXstreet.com (Buenos Aires) – USD/JPY Current price: 98.50. Not much change since last update, pair remains sideways between 98.20/98.90, and pair needs to break either to define a trend after this consolidation stage.

Usd/Jpy: What a difference a day makes. We had established a short trade on Friday with the market so heavily overbought intraday and testing some shorter-term trend-line resistance off of the 101.45 2009 highs.

FXstreet.com (Córdoba) – Dollar keeps rising against the Yen. USD/JPY recently broke above 98.50 and went to 98.81 hitting the highest price since May 11th. So far today the pair has risen 2.15% from the opening price.

FXstreet.com (Barcelona) – After falling around 75 pips from 98.20 to find support at 97.45, USD/JPY has begun to rise to levels above 98.00 field and it has reached the 98.30, fresh 3-week high. Currently the pair is trading around 98.00/10, 1.50% above today’s opening price.

FXstreet.com (Córdoba) – The dollar is rising so far today against the Yen. USD/JPY extended gains during the American session. The pair is now up 0.78% from today opening price after breaking above resistance zone at 96.55.

Fxstreet.com (Barcelona) – After rebounding at 95.75 (coming from its 65 pips decline from 96.40 resistance) the USD/JPY has begun to rise to be above the 96.00 level and tests 96.10 level. Currently the pair is trading around 96.00/10, 0.60% above today’s opening price.

FXstreet.com (Barcelona) – USD/JPY rallied on Monday from 94.45 low to 96.80 high, and the pair has remained moving during most of Asian session from 96.00 to 96.50.

FXstreet.com (Barcelona) – After falling around 100 pips from 95.40 to find support at 94.45, the USD/JPY has begun to rise slightly to levels close to 94.80. Currently the pair is trading around 94.70/80, 0.55% below today’s opening price.

FXstreet.com (Barcelona) – USD/JPY is spiking after the US PCE better than expected data, which showed the income of Americans unexpectedly surged.

FXstreet.com (Córdoba) – The Dollar weakened further today across the board. USD/JPY fall below 95.35 and went to test 95.00. The pair rebounded to 95.20. So far today the pair has fallen 1.75% from opening price. During the American session the pair lost 70 pips.

FXstreet.com (Barcelona) – USD/JPY has falling 35 pips from 96.00 to test intra-day low at 1.9565 in the first minutes after the worst than expected 1Q US GDP data. Currently the pair is trading around 95.65/75, posting 1.00% daily losses from opening price at 96.70.

FXstreet.com (Córdoba) – Yen weakened across the board today. USD/JPY is now attempting to go back above 97.00. So far today the pair has risen 1.67% topping at 97.24. The pair has support at 96.55 (lowest of the American session).

FXstreet.com (Barcelona) – USD/JPY has been testing the 97.05 resistance during the European session after the Dollar rally from yesterday’s low at 94.65 found resistance at the 97.05 level in the early European morning.