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104.080 0.37 (0.36%)
20:59:38 (GMT)
Bid 104.050
Ask 104.100
Open 103.900
High 104.110
Low 103.560
 

Daily Technical Analysis

The USD/JPY pair broke higher during the day on Friday, breaking the top of the hammer that informed on Thursday. On top of that, we close above the 104 level so we feel that this market should continue to go...
USDJPY bounce bias A probe below modest support at the 103.75/70 area, but then a bounce effort ahead of the better level at 103.50 to leave upside forces intact Friday and into early September. The push early this week above...
The USD/JPY pair initially fell during the day on Thursday, but found enough support near the 103.50 level to bounce and form a nice-looking hammer. Because of this, we feel that the market certainly will have buyers involved, and that...
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Weekly Technical Analysis

The USD/JPY pair initially fell during the course of the week, but as you can see we bounced enough to form a hammer. The hammer is based upon the 104 level, which was an area of previous resistance. Now that...
The USD/JPY pair as you can see broke much higher during the course of the week as we clear the 103 level finally. This was an area that had been significant resistance over the last year, and as a result...
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Daily Fundamental Analysis

Analysis and Recommendation: The USD/JPY  gained 7 points after a slew of strong US data on Thursday followed by disappointing Japanese numbers this morning. Japan released their monthly data dump and the only bright spot was a jump in retail...
Analysis and Recommendation: The USD/JPY  gained 12 points to trade at 103.77 as the US dollar eased after soaring to a record high against the yen. There has been little data in Japan and most movements have been based on...
Analysis and Recommendation: The USD/JPY  eased by 10 points to trade at 103.96 as the US dollar continued to gain momentum after mixed data on Tuesday which showed a decline in durable goods but a record high consumer confidence report...
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Weekly Fundamental Analysis

The USD/JPY soared last week, posting its largest weekly rise...
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More USD/JPY Report

 
Outlook and Recommendation The USD/JPY ended at 104.08 soaring at the end of the month as the US dollar gained momentum after a week of solid economic data. The JPY is expected to retain a soft tone driven by damaging economic effects related to fiscal consolidation efforts under...
As we enter the last trading day of August, Japan completed its monthly data dump ranging from household spending, to industrial production and retail sales. The JPY is trading at 103.80 against the greenback at 136.78 against the euro. Against the shared currency, the pair remains in...
Just a few days ago traders were sure that the ECB would announce new and additional stimulus measures from the ECB at next week’s meeting. Without reason traders sentiment has shifted to the all-important inflation report due tomorrow.  Growth figures have been dismal in major eurozone economies...