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107.930 0.72 (0.67%)
13:09:48 (GMT)
Bid 107.900
Ask 107.950
Open 107.070
High 107.930
Low 107.100
 

Daily Technical Analysis

The USD/JPY pair rose slightly during the course of the day on Wednesday, testing the 107.50 handle. Because of this, it appears that more bullish pressure is appearing in the marketplace, and that the buyers are more than likely going...
The USD/JPY pair initially fell during the session on Tuesday, but found enough support below to turn things back around and form a little bit of a hammer. Because of that, we feel that this market will go higher and...
USDJPY top and bear bias intact to aim lower for 104.80/69/47 into late October Despite a Monday probe above modest resistance at 106.75/80 a failure as expected, back from ahead of a better barrier at 107.50. Whilst below here, the...
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Weekly Technical Analysis

The USD/JPY pair fell significantly during the course of the previous week, but found the 105 level to be supportive enough to turn the market back around and form a massive hammer. This hammer of course as you can see...
The USD/JPY pair broke down pretty significantly during the course of the week, making the previous hammer a so-called “hanging man.” This of course is a very bearish sign, but at the end of the day we do not look...
More USD/JPY Weekly Technical Analysis

Daily Fundamental Analysis

Analysis and Recommendation: The USD/JPY climbed 90 points to trade at 107.27 as the US dollar gained momentum. Japanese manufacturing PMI printed better than expected at 52.8 against forecast of 52.1. The surge can be accounted for by the fall of...
Analysis and Recommendation: The USD/JPY gave up 16 points as the US dollar weakened and the JPY rebounded after the release of positive trade figures this morning. The Japanese trade deficit came in at Y958bn in September, which was just higher...
Analysis and Recommendation: The USD/JPY fell 18 points to trade at 106.77 against a weak US dollar as traders continue to evaluate comments from the Bank of Japan and also resignations in Prime Minister Abe’s government. The yen fell after Japan's...
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Weekly Fundamental Analysis

Weekly Analysis and Recommendation: The USD/JPY reversed course late on...
Weekly Analysis and Recommendation: The USD/JPY fell 18 points to...
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More USD/JPY Report

 
There was a good deal of data in the Asian session starting with Chinese HSBC PMI data which surprisingly had little effect on the overall markets. The closely-watched HSBC's China flash Purchasing Managers' Index (PMI) inched up to 50.4 from a final reading of 50.2 in September...
Tuesday markets and Asian currencies reacted to data from China which showed that China's economic growth slowed in the third quarter to its weakest since the 2008 global financial crisis as a slumping property market dragged on manufacturing and investment, adding to concerns about flagging global growth...
On the surface Chinese data this morning was positive, better than expected allowing traders and economists to breathe a sigh of relief. Asian shares climbed this in early trading as investors took solace from data showing the Chinese economy grew slightly more than expected in the third...