Select Your Broker and Start Trading!   Best Brokers 2015

121.540 0.44 (0.36%)
21:54:59 (GMT)
Bid 121.470
Ask 121.600
Open 121.070
High 121.600
Low 120.640
 

Daily Technical Analysis

The USD/JPY pair initially fell during the day on Thursday, but found enough support near the 120.80 level to turn things back around and form a hammer. The hammer is at the top of the larger consolidation area, so we...
The USD/JPY pair broke higher during the course of the day on Wednesday, clearing the 121 handle. By doing so, looks like the markets ready to try to break out, but we need to practice a lot of patience as...
USD/JPY pair broke higher during the course of the day on Tuesday, clearing the 120 handle. On top of that, we even cleared the 120.50 level, and it now looks like this market may be able to break out to...
More USD/JPY Daily Technical Analysis

Weekly Technical Analysis

The USD/JPY pair had a slightly negative candle for the week, but at the end of the day we’re still just consolidating in the same vicinity. Because of this, we have no long-term set up available right now. Ultimately, we...
The USD/JPY pair initially fell during the course of the week but found a little bit of support towards the end of Friday. With that being the case, we continue to grind around just below the 120 level, so we...
More USD/JPY Weekly Technical Analysis

Daily Fundamental Analysis

Analysis and Recommendation: The USD/JPY dipped 24 points matching the decline in the US dollar while traders wait for a decision and announcement from the Bank of Japan which is concluding its two day meeting in just a few hours. The...
Analysis and Recommendation: The USD/JPY declined 16 points to trade at 1.2118 after soaring on Wednesday touching a new recent high ahead of the Bank of Japan meeting tomorrow. After better than expected Japanese GDP the BoJ might get a pass...
Analysis and Recommendation: The USD/JPY added 21 points as the greenback continued to rally showing very little response to an outstanding GDP print in Japan. Annual growth jumped to 2.4% in the 1st quarter against a forecast of 1.5%. The USDJPY...
More USD/JPY Daily Forecasts

Weekly Fundamental Analysis

Weekly Analysis and Recommendation: The USD/JPY gained just 7 points...
Weekly Analysis and Recommendation: The USD/JPY remained in a tight...
More USD/JPY Weekly Forecasts

More USD/JPY Report

 
The market opened flat with a negative bias as suggested by the Nikkei and Hang Sang. Asian stocks gained following lead positive data from China and Japan. Yesterday US stocks continue to scale record highs supported by a strong bullish trend despite mixed data. On Thursday the...
Wall Street ended the day on a flat note, as the FOMC minutes revealed no secrets dashing trader’s hopes that they might have a little more guidance about an interest rate increase in June. European markets extended gaining streak for the third consecutive day, led by rally...
Wednesday morning kicked on a positive tone following strong data from the US late on Tuesday this morning Japanese GDP print surprised everyone reporting in much better than expected. Just a bit later in Australia the Westpac Consumer Confidence index soared higher than it has been in...