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108.760 -0.2 (-0.18%)
12:18:08 (GMT)
Bid 108.730
Ask 108.780
Open 109.070
High 109.110
Low 108.320
 

Daily Technical Analysis

The USD/JPY pair fell from the 110 level during the session on Wednesday, proving that we are not quite ready to continue the next leg higher. However, with the nonfarm payroll numbers coming out on Friday, we believe that this...
The USD/JPY pair went higher during the course of the day on Tuesday, testing the 110 level again. That level has been resistive, and showed it strength again during the session. However, we believe that the 110 level will be...
The USD/JPY pair went and forth during the session on Monday, as we continue to hang out just below the 110 level. That area is significant resistance, so we believe that it’s going to take a significant amount of momentum...
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Weekly Technical Analysis

The USD/JPY pair initially fell during the course of the week, but found enough support near the 108 level to turn things back around and form a hammer at the top of a very strong move. Because of this, it...
The USD/JPY rallied last week, but the Forex pair barely took out the previous week’s high, suggesting overbought conditions, or a change in investor sentiment due to a shift in the fundamentals. Although there was support for the U.S. Dollar...
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Daily Fundamental Analysis

Analysis and Recommendation: The USD/JPY eased by 10 points as the US dollar lost a bit of momentum to trade at 108.79. A recovery in the world's third-biggest economy is faltering, despite Abe's massive monetary easing and government spending over the past 21...
Analysis and Recommendation: The USD/JPY gained 23 points this morning to start off the new month to trade at 109.87 after hitting a high over the 110 level. The JPY continues to weaken while the US dollar gains momentum. Protests in...
Analysis and Recommendation: The USD/JPY eased by 20 points to trade at 109.29. Industrial production missed expectations significantly along with household spending declining. The dollar trend is likely to continue, economists from Capital Economics claim. They expect the dollar "to appreciate...
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Weekly Fundamental Analysis

The USD/JPY soared last week to its highest level since...
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More USD/JPY Report

 
Global currencies were generally stronger against the greenback over the European and US sessions on Wednesday. The euro rose from lows near $1.2585 to highs near $1.2635, ending US trade near the $1.2615. The Australian dollar rose from lows near 0.8685 to highs around 0.8745 before ending...
Outlook and Recommendation The USD/JPY closed the month at 109.64 after topping 110 for the first time. The dollar strengthened above 110 yen for the first time since August 2008 before a report that economists said will show U.S. companies added more than 200,000 workers for a sixth...
The third quarter is officially over and the new month is underway with Asian currencies facing threats from every corner. Iron ore prices continue to decline in Australia with retail sales hitting the wall. Japanese industrial production remains weak and the monthly Tankan index was mixed. Chinese...