Select Your Broker and Start Trading!   Best Brokers 2014

108.720 -0.09 (-0.08%)
6:09:37 (GMT)
Bid 108.690
Ask 108.740
Open 108.830
High 108.850
Low 108.600
 

Daily Technical Analysis

The USD/JPY pair initially tried to rally during the session on Monday, but gave back most of the gains as the market is just simply far too overbought at this point to continue the kind of momentum that it had...
The USD/JPY pair went higher during the course of the week as you can see, but still remains below the 110 level. With that, the market will more than likely find a lot of resistance at that area even if...
The USD/JPY pair initially broke higher during the course of the day on Friday, but the 109.50 level offered enough resistance to turn things back around. Ultimately, we ended up forming a shooting star, so of course it looks as...
More USD/JPY Daily Technical Analysis

Weekly Technical Analysis

The USD/JPY pair broke during the course of the week, going much higher and clearly above the 105 level. In fact, we ended up closing well above the 107 level, meaning that the market is extraordinarily bullish. This being the...
More USD/JPY Weekly Technical Analysis

Daily Fundamental Analysis

Analysis and Recommendation: The USD/JPY  eased by 9 points as the US dollar took a breather. Japan is shuttered today for the Autumn Equinox holiday. There is little market data today and late yesterday the US saw dismal housing numbers...
Analysis and Recommendation: The USD/JPY eased by 36 points to trade at 108.70 as traders took advantage of the sharp climbs last week to sell off and book profits. The US dollar eased also on Monday morning.  The IMF revised its...
Analysis and Recommendation: The USD/JPY surged to a record high trading at 109.29 adding another 59 points this morning as the US dollar continues to gain on what was perceived as a favorable press conference from Janet Yellen and the prepared...
More USD/JPY Daily Forecasts

Weekly Fundamental Analysis

The USD/JPY soared last week to its highest level since...
The USD/JPY hit a six-year high last week as investors...
More USD/JPY Weekly Forecasts

More USD/JPY Report

 
The early part of the week is very light on economics data. On Monday, the US saw some dismal housing data and then early this morning Chinese HSBC manufacturing PMI – flash was released. Manufacturing gained a bit doing better than expectations, but clung very close to...
Asian markets started the week off on an active note, but with very little economics data. The only event released on Monday morning was New Zealand’s consumer sentiment which came in a bit lower than last month. Asian stocks are trading on a negative note today on...
EURUSD The EURUSD could have completed the 3rd wave (orange) but more confirmation is needed. The price action of all pairs could be volatile depending on the Scottish independence referendum results which are expected to be released on Friday morning (local time). 4 hour EURUSD: After the...