Markets

USD/JPY (Dollar to Japanese Yen) Forecast

114.61
09:58:59(GMT)
-0.3050
(-0.27%)*Daily Change
Christopher Lewis
19 hours ago

USD/JPY forecast for the week of January 23, 2017, Technical Analysis

The USD/JPY pair had a volatile week, but more importantly than that we ended up forming a bit of support. If we can break above the top of the candle, we should continue to go much higher. I believe that the massive rally that we have seen recently will continue given enough time, so having … Continue reading USD/JPY forecast for the week of January 23, 2017, Technical Analysis

Christopher Lewis
20 hours ago

USD/JPY Forecast January 23, 2017, Technical Analysis

The USD/JPY pair tried to rally, but the Friday markets all the 115 level to be a bit resistive. If we can break above the top of the shooting star from Thursday, the market then should go much higher. Because of this, the market should then reach towards the 118.50 level to the upside, which … Continue reading USD/JPY Forecast January 23, 2017, Technical Analysis

Christopher Lewis
2 days ago

USD/JPY Forecast January 20, 2017, Technical Analysis

The USD/JPY pair broke higher on Thursday, clearing the 115 handle again. This looks as if it is a sign that the market is going to continue to go to the upside, and thus we will reach towards the 118.50 level. I believe that pullbacks will continue to offer opportunities to pick up value, as … Continue reading USD/JPY Forecast January 20, 2017, Technical Analysis

James Hyerczyk
2 days ago

USD/JPY Fundamental Forecast – January 20, 2017

The Dollar/Yen rose on Thursday as investors reacted early in the session to Wednesday’s hawkish comments from Fed Chair Janet Yellen and solid employment and housing data on Thursday. However, the Forex pair gave back most of those gains into the close on position-squaring and safe-haven buying ahead of Friday’s inauguration of Donald Trump as … Continue reading USD/JPY Fundamental Forecast – January 20, 2017

Christopher Lewis
3 days ago

USD/JPY Forecast January 19, 2017, Technical Analysis

The US dollar bounced a bit against the Japanese yen, but gave back some of the gains towards the end of the session. Given enough time, I think we get a supportive daily candle, but I don’t think this is going to be at. The 111.50 level underneath should be a massive support level, and … Continue reading USD/JPY Forecast January 19, 2017, Technical Analysis

James Hyerczyk
3 days ago

USD/JPY Fundamental Forecast – January 19, 2017

After early session weakness on Wednesday, the Dollar/Yen rebounded late in the session to post a dramatic closing price reversal bottom. The rally was in response to a number of factors including technically oversold conditions following an eleven day break from 118.601 on January 3. Position-squaring ahead of Trump’s inauguration also contributed to the rally. … Continue reading USD/JPY Fundamental Forecast – January 19, 2017

Anil Panchal
3 days ago

Technical Outlook of EUR/USD, GBP/USD, USD/JPY And AUD/USD: 18.01.2017

EUR/USD While short-term ascending trend-channel indicates additional upside of the EURUSD, pair’s inability to surpass 1.0700 signal brighter chances of its pullback to 1.0630 nearby support. However, 50-day SMA figure of 1.0590 and the 23.6% Fibonacci Retracement of its August 2016 – January 2017 dip, at 1.0580, become important supports for traders to watch if … Continue reading Technical Outlook of EUR/USD, GBP/USD, USD/JPY And AUD/USD: 18.01.2017

Christopher Lewis
4 days ago

USD/JPY Forecast January 18, 2017, Technical Analysis

The USD/JPY pair broke down during the session on Tuesday, slicing through the bottom of the hammer on Monday. This of course suggests that we are going to go much lower, and I believe there is a massive amount of support at the 111.50 level. Because of this, this is a market that could offer … Continue reading USD/JPY Forecast January 18, 2017, Technical Analysis

James Hyerczyk
4 days ago

USD/JPY Fundamental Forecast – January 18, 2017

Safe-haven buying helped drive the Dollar/Yen lower on Tuesday along with negative comments from President-elect Donald Trump. Traders bought the Yen earlier in the session against expected political uncertainty over Brexit and a speech by U.K. Prime Minister Theresa May. However, Trump caused the most damage to the dollar when he said, “Our companies can’t … Continue reading USD/JPY Fundamental Forecast – January 18, 2017

James Hyerczyk
5 days ago

USD/JPY Fundamental Forecast – January 17, 2017

Safe-haven buying helped drive the Dollar/Yen lower on Monday. Investors are taking protection in the lower yielding Japanese Yen because of concerns over Brexit and worries over President-elect Donald’s Trump ability to run the government and enact some of his policies in a timely manner including rebuilding the country’s infrastructure through massive fiscal stimulus, tax … Continue reading USD/JPY Fundamental Forecast – January 17, 2017

Christopher Lewis
5 days ago

USD/JPY Forecast January 17, 2017, Technical Analysis

The USD/JPY pair fell on Monday, but found enough support near the 114 level to turn things around to form a hammer. There is a lot of noise between here and the 111.50 level, meaning that I should see plenty of buying opportunities as we fall. Alternately, if we can break above the 115 handle, … Continue reading USD/JPY Forecast January 17, 2017, Technical Analysis

James Hyerczyk
6 days ago

USD/JPY Fundamental Forecast – January 16, 2017

Mixed U.S. equity markets and general uncertainty ahead of Trump’s inauguration on January 20 helped weaken the Dollar/Yen on Friday. Weaker stocks tend to activate the carry trade whereby investors sell stocks and use the proceeds to buy Yen to pay back loans borrowed in Yen. The USD/JPY closed at 114.453, down 0.259 or -0.23%. … Continue reading USD/JPY Fundamental Forecast – January 16, 2017

James Hyerczyk
7 days ago

USD/JPY Fundamental Analysis – Forecast for the Week of January 16, 2017

Increased demand for lower-yielding assets helped weaken the Dollar/Yen last week. Weaker U.S. Treasury yields and mixed equity markets encouraged investors to move money into the lower-yielding Japanese Yen. The USD/JPY closed at 114.453, down 2.487 or -2.13%. The USD/JPY traded down to its lowest level since December 7 last week amid economic and political … Continue reading USD/JPY Fundamental Analysis – Forecast for the Week of January 16, 2017

Christopher Lewis
8 days ago

USD/JPY forecast for the week of January 16, 2017, Technical Analysis

The USD/JPY pair broke down during the week, and even managed to get below the 115 handle. However, we are starting to see a significant amount of support here, so I think the market is going to try to build a bit of a floor in this general vicinity. Because of this, I still prefer … Continue reading USD/JPY forecast for the week of January 16, 2017, Technical Analysis

Christopher Lewis
8 days ago

USD/JPY Forecast January 16, 2017, Technical Analysis

The USD/JPY pair went back and forth on Friday, testing the 115 level. This is an area where I think we will see a significant amount of support, but I also believe that the support extends all the way down to the 111.50 handle. If we can break above the top of the candle for … Continue reading USD/JPY Forecast January 16, 2017, Technical Analysis

Christopher Lewis
9 days ago

USD/JPY Forecast January 13, 2017, Technical Analysis

The USD/JPY pair broke down during the session on Thursday, slicing through the 115 handle. Although this is a very negative move, the reality is that there are several support barriers below, extending all the way down to at least the 111.50 level. Because of this, I am standing on the sidelines waiting for some … Continue reading USD/JPY Forecast January 13, 2017, Technical Analysis

James Hyerczyk
9 days ago

USD/JPY Fundamental Forecast – January 13, 2017

The Dollar/Yen fell on Thursday, mostly on flight-to-safety and carry trade buying of the Japanese Yen. A steep intraday drop in stock prices was the catalyst behind the weaker Forex pair. Stock traders were responding to Wednesday’s press conference by President-elect Donald Trump where he failed to reveal any of his policy plans for rebuilding … Continue reading USD/JPY Fundamental Forecast – January 13, 2017

Anil Panchal
9 days ago

Technical Checks for USD/JPY, GBP/JPY, CAD/JPY & CHF/JPY

USD/JPY Following its gradual downturn from 118.60-65 horizontal-line resistance, the USDJPY dropped below 114.80 TL support and is presently declining towards 113.10, with 113.65 being immediate rest.  Given the pair declines below 113.10, the 112.60 and the 38.2% Fibonacci Retracement level of 112.00 may offer intermediate halts prior to giving a stop to prices around … Continue reading Technical Checks for USD/JPY, GBP/JPY, CAD/JPY & CHF/JPY

Christopher Lewis
10 days ago

USD/JPY Forecast January 12, 2017, Technical Analysis

The USD/JPY pair rallied during the day on Wednesday, turning back around to form a shooting star. However, there is a significant amount of support underneath near the 115 level, so I believe that sooner rather than later the buyers will return and start pushing higher again. I recognize that there is a massive amount … Continue reading USD/JPY Forecast January 12, 2017, Technical Analysis

James Hyerczyk
10 days ago

USD/JPY Fundamental Forecast – January 12, 2017

The Dollar/Yen weakened on Wednesday due to volatility in the U.S. equity markets. Trump’s inability to restore confidence in his ability to execute his economic policies sent investors into the safety of the Japanese Yen and out of the U.S. Dollar. The USD/JPY finished the session at 115.395, down 0.353 or -30%.  Forecast Trump is … Continue reading USD/JPY Fundamental Forecast – January 12, 2017

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