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108.190 -0.09 (-0.08%)
21:00:27 (GMT)
Bid 108.160
Ask 108.210
Open 108.250
High 108.270
Low 107.780
 

Daily Technical Analysis

The USD/JPY pair went back and forth during the course of the day on Friday, essentially settling nothing. However, we have broken out above the 107.50 level, and as a result we believe that the market does in fact continue...
EURUSD The EURUSD break of the support trend lines (greens) could indicate a completion of wave 4 (orange) at the most recent top (current wave X purple). In most cases however, wave 4’s take longer to compete in terms of...
The USD/JPY pair did in fact break above the 107.50 level during the session on Thursday, which was the signal that we had been waiting on in order to start buying again. Now that we’ve had that happen, it appears...
More USD/JPY Daily Technical Analysis

Weekly Technical Analysis

The USD/JPY pair fell during the course of the week, but found enough support below to turn things back around and form a hammer yet again. This is the second hammer in a row, and as a result it appears...
The USD/JPY pair fell significantly during the course of the previous week, but found the 105 level to be supportive enough to turn the market back around and form a massive hammer. This hammer of course as you can see...
More USD/JPY Weekly Technical Analysis

Daily Fundamental Analysis

Analysis and Recommendation: The USD/JPY tumbled by 20 points as the US dollar weakened in the morning session after soaring on Thursday after positive US unemployment claims report on Thursday. The pair soared in late trading to well above the 108...
Analysis and Recommendation: The USD/JPY climbed 90 points to trade at 107.27 as the US dollar gained momentum. Japanese manufacturing PMI printed better than expected at 52.8 against forecast of 52.1. The surge can be accounted for by the fall of...
Analysis and Recommendation: The USD/JPY gave up 16 points as the US dollar weakened and the JPY rebounded after the release of positive trade figures this morning. The Japanese trade deficit came in at Y958bn in September, which was just higher...
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Weekly Fundamental Analysis

Weekly Analysis and Recommendation: The USD/JPY ended the week back...
Weekly Analysis and Recommendation: The USD/JPY reversed course late on...
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More USD/JPY Report

 
The euro recovered in the Asian session after tumbling on Thursday to trade at 1.2657. This morning the euro added 11 points to rebound to 1.2657. Yesterday, Eurozone PMI’s reported on the upside along with Germany. The French manufacturing slid to 47.3 in October, from 48.8 the...
There was a good deal of data in the Asian session starting with Chinese HSBC PMI data which surprisingly had little effect on the overall markets. The closely-watched HSBC's China flash Purchasing Managers' Index (PMI) inched up to 50.4 from a final reading of 50.2 in September...
The USD/JPY pair rose slightly during the course of the day on Wednesday, testing the 107.50 handle. Because of this, it appears that more bullish pressure is appearing in the marketplace, and that the buyers are more than likely going to pick it up from here. With...