USD/JPY Aiming Higher
November 11, 2010 by admin · Leave a Comment
The Dollar extended its gains against the Japanese yen, yet the upside remained limited below the Wednesday high, with the pair still struggling with the daily descendant trend line coming from 92.88, June 4th daily high. The hourly chart shows price firm above a slightly bullish 20 SMA acting as dynamic support, while bigger time [...]
USD/JPY Steady
November 8, 2010 by admin · Leave a Comment
USD/JPY has been able to hold above 81.00 and is currently hovering around 81.15. The pair is trading flat in a calm session and has moved in a 15-pip range in the last hours, between 81.10 and 81.25. Read more about USD/JPY…
Forex: USD/JPY Nearing 15-Year Low
November 4, 2010 by admin · Leave a Comment
Despite US indexes soaring to fresh yearly highs, with the DJIA up 175 points and the S&P almost 1.5% higher, the Japanese yen regained the upside against the dollar, with the USD/JPY barely 30 pips away from the 15-year low posted earlier this week. After the FED announced yesterday that they will pump another $600B [...]
USD/JPY Update
November 3, 2010 by admin · Leave a Comment
The dollar strengthened rapidly against the yen earlier today – or perhaps more accurately – the yen weakened a great deal against the dollar. While some may view the wording of this as meaning the same thing, in this case it is not. Read more about USD/JPY…
Forex: USD/JPY Approaches Daily High
November 2, 2010 by admin · Leave a Comment
Despite being range bound, USD/JPY has been losing ground against the dollar since the Asian session, having reached an intraday high of 80.95 during American hours; quoting around 80.80 at the time of writing, the pair remains trapped in between 80.30, a 15-year low posted earlier this week, and the 81.00 level. Read more about [...]
USD/JPY Falls After Massive Spike
November 1, 2010 by admin · Leave a Comment
During last night’s Asian trading the Dollar / Yen pair saw a significant charge out of the gates as the Chinese released stronger than expected manufacturing numbers, signaling that the world’s economic health might be stronger than thought. Unfortunately for dollar bulls, this move did not last for long. After rising all the way to [...]
USD/JPY Near a Test of All Time Low
October 28, 2010 by admin · Leave a Comment
USD/JPY Current Price: 80.98. The Yen recovered, pushing the cross back to test the key 80.85 support area, with the price holding now in a very tight range around 81.00; short and long term bias remains bearish. Read more about USD/JPY…
Forex: USD/JPY, Upside Limited
October 27, 2010 by admin · Leave a Comment
Despite dollar recovery across the board, USD/JPY has been trading lower after reaching the 82.00 level during the Asian session; trading around 81.60 price zone, the upside has remained limited by Wall Street, as stocks sink as FED hopes wane. Read more about USD/JPY…
USD/JPY Regaining the Upside
October 26, 2010 by admin · Leave a Comment
The Dollar is trading higher against the Yen today, and the recovery from the long-term low at 80.40 has extended to the session high at 81.40, regaining all the ground lost on Monday. Read more about the Dollar and the Yen…
USD/JPY Heading Toward 79.75
October 25, 2010 by admin · Leave a Comment
USD/JPY Current Price: 80.87. The Japanese yen resumed its bearish trend, reaching a fresh 15-year low at 80.40 and consolidating just below the previous one around 80.85. Read more about the Japanese yen…
USD/JPY Rises to Test Resistance
October 25, 2010 by admin · Leave a Comment
The Dollar has been able to hold above 15-year lows that lie at 80.40 so far during the American session. In the last few hours, USD/JPY has gained momentum and currently is testing an intra-day resistance zone that lies at 80.70. Read more about USD and JPY…
USD/JPY Back Above 81.00
October 20, 2010 by admin · Leave a Comment
The Dollar regained levels above 81.00 against the Yen after reaching 80.82 earlier, a new 15-year low. USD/JPY managed to recover and currently is testing levels above 81.15. Read more about the Dollar and the Yen…
USD/JPY Trapped Around 81.60
October 19, 2010 by admin · Leave a Comment
USD/JPY rose to a fresh 4-day high today around 81.92 and, unable to break above the 82.00 psychological level, retreated to the current 81.60 price zone. Dollar gains against the still-strong Japanese yen were triggered by a surprise China rate hike and gold slump. Read more…
USD/JPY Forex Technical Analysis Round-Up
October 18, 2010 by admin · Leave a Comment
As of around 9:00 A.M. GMT on Monday, the yen was nearing Friday’s 15-year high against the dollar in early European currency market trading. This is what the analysts say about the heavily traded currency pair in the near-term: Action Forex says intraday bias for USD/JPY remains neutral for the moment, and some sideways trading [...]
USD/JPY Trimming Losses
October 14, 2010 by admin · Leave a Comment
FXstreet.com (Barcelona) – The Dollar has broken below the previous days’ consolidation channel, accelerating below the 81.65/70 support area to hit a fresh 15-year low at 80.90, where the Greenback found support, to pick up to 81.60 at Wall Street opening. On the upside, the pair might find resistance at 81.65/75 (Oct 12/13 highs), and [...]
USD/JPY Ends Week Under Pressure
FXstreet.com (Córdoba) – The Yen rose for the third week in a row against the Dollar and reached on Friday a fresh 15-year high. USD/JPY tumbled to 81.71 after the release of the US job report. During the American session the pair managed to rise back to 82.00. Read more…
USD/JPY Falls Despite BOJ Easing Moves
October 5, 2010 by admin · Leave a Comment
The dollar plunged versus its rivals on Tuesday on signs other central banks are joining the Federal Reserve in easing monetary policy. The Bank of Japan unexpectedly lowered its key interest rate from 0.1% to a range of 0 to 0.1% and announced a new bond purchase program. The unanimous decision was the first change [...]
USD/JPY Consolidates Gains
October 4, 2010 by admin · Leave a Comment
The dollar consolidated gains versus the yen on Monday, ahead of a key interest rate decision by the Bank of Japan and after mixed U.S. data on pending home sales and factory orders. In late U.S. currency market trading, USD/JPY hit 83.38, up 0.21 percent on the day. Early Tuesday, the Bank of Japan was [...]
USD/JPY Fights Back Above Our 2nd Tier Uptrend Line
June 1, 2009 by admin · Leave a Comment
The USD/JPY is fighting back above our 2nd tier uptrend line again after U.S. Personal Spending came in slightly above analyst expectations. U.S. equity markets are reacting positively, giving USD/JPY bulls an incentive to hold on. Additionally, U.S. Treasuries are attempting to stabilize while Geithner reassured the Chinese that U.S…. Read more….
Forex: USD/JPY finds support at 94.45 (The Forex Market)
June 1, 2009 by admin · Leave a Comment
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.
