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102.340 -0.2 (-0.20%)
16:28:32 (GMT)
Bid 102.310
Ask 102.360
Open 102.500
High 102.640
Low 102.090
 

Daily Technical Analysis

The USD/JPY pair fell during the bulk of the session on Wednesday, but found enough support below the 102.50 level to push the market higher, and form a hammer. This hammer of course is very supportive looking, and as a...
The USD/JPY pair fell initially during the session on Tuesday, as traders came back from the Easter holiday. Nonetheless, there was plenty of buying pressure underneath, and as a result the market bounced enough to form a hammer. With that...
The USD/JPY pair went back and forth during the session on Monday, as traders came back from the holiday weekend. However, much of Europe was still away from its desk, and as a result the liquidity would have been a...
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Weekly Technical Analysis

The USD/JPY pair rose during the course of the week, continuing the consolidation that we’ve seen for some time now. Because of this, we feel that this market should continue to grind away sideways but we are heading towards a...
The USD/JPY pair fell hard enough during the week to break down below the bottom of the shooting star and test the 101.50 level. That is the bottom of the reason consolidation area that we’ve been stuck in, so quite...
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Daily Fundamental Analysis

Analysis and Recommendation: The USD/JPY is trading at 102.35 easing a bit on Thursday but trading in the green early Friday morning adding 2 points in the early session. The yen rose against major currencies Thursday after escalating tensions in Ukraine...
Analysis and Recommendation: The USD/JPY eased by 21 points as the US dollar declined to trade at 102.32 after the dollar declined on lackluster new home sales. "The WSJ reported yesterday that the BOJ may upgrade its inflation forecast for FY2014...
Analysis and Recommendation: The USD/JPY  eased by 6 points to trade at 102.55 as traders respond to strong housing data in the US. The pair is sitting right on the center of its 2014 trading range as markets evaluated disappointing...
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Weekly Fundamental Analysis

Weekly Analysis and Recommendation: The USD/JPY moved back to its...
Weekly Analysis and Recommendation: The USD/JPY eased most of the...
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More USD/JPY Report

 
Currency markets were in frenzy late on Wednesday afternoon, after the release of US housing data. US economic data, new home sales came in well short of expectations, backing the view that the housing market has cooled after a very strong 2013. Wall Street lost more ground...
Economic data is the focus of the markets this morning with Chinese HSBC manufacturing PMI missing expectations and Australian CPI printing below expectations. The HSBC/Markit flash Purchasing Managers Index (PMI), which measures China’s factory activity, rose to 48.3 points in April from 48 points in March. But...
The dollar gained to 102.67 yen Tuesday morning after climbing to 102.50 in Tokyo trading on Monday on buying prompted by worse-than-expected Japanese trade data for March, although weakening stocks trimmed its gains. Many global markets were closed for the Easter Monday holiday. The Japanese trade deficit...