USD/JPY – Can US Dollar Break 100-day SMA Vs Japanese Yen?

Key Highlights The US Dollar after forming support near 107.50 against the Japanese Yen recovered well. There was a break above a major bearish trend line with resistance near 110.00 on the daily chart of USD/JPY. The US Consumer Price Index in August 2017 increased 0.4%, more than the forecast of +0.3% (MoM). The US Retail Sales for August 2017 will be released t...
Read More

USD/JPY – US Dollar Nosedives Below Key Support Vs Japanese Yen

Key Highlights The US Dollar was under a lot of pressure lately and declined below 108.50 against the Japanese Yen. There is a key resistance forming near 108.50 on the 4-hours chart of USD/JPY. Japan’s Gross Domestic Product in Q2 2017 increased 0.6%, less than the forecast of +0.7% (QoQ). Japan’s Current Account in July 2017 posted a trade surplus of ¥2,320...
Read More

USD/JPY – US Dollar Awaits NFP; Faces Barrier near 110.60 Vs Yen

Key Highlights The US Dollar has recovered sharply this week and traded above 110.00 against the Japanese Yen. There are two bearish trend lines positioned near 110.60 on the 4-hours chart of USD/JPY. Japan’s Nikkei Manufacturing PMI for August 2017 posted a minor decline from 52.8 to 52.2. Today, the US nonfarm payrolls for August 2017 will be released, which i...
Read More

USD/JPY – US Dollar Faces Strong Offers Near 110.00 Vs Japanese Yen

Key Highlights The US Dollar recovered from 108.60 against the Japanese Yen, but faces an uphill task near 110.00. There is a major resistance zone forming near 109.75-110.00 on the 4-hours chart of USD/JPY. Japan’s National Consumer Price Index for July posted a 0.4% rise (YoY), similar to the last +0.4%. Tokyo’s Consumer Price Index in August 2017 increased ...
Read More

USD/JPY – US Dollar Grinding Lower Towards 108.80 Vs Japanese Yen

Key Highlights The US Dollar after trading as high as 110.95 against the Japanese Yen found offers and declined. The USD/JPY pair failed near a major resistance area at 110.90-111.00 and traded below the 100 SMA (H4). Germany’s Producer Price Index for July 2017 posted an increase of 0.2% (MoM). Today, Canada’s Consumer Price Index for July 2017 will be releas...
Read More

USD/JPY – US Dollar Poised To Extend Declines Vs Japanese Yen

Key Highlights The US Dollar broke a major support area at 110.00 against the Japanese Yen to form a downtrend. There was a break below a key bullish trend line at 110.00-110.10 on the daily chart of USD/JPY. The US Initial Jobless Claims for the week ending Aug 5 2017 released yesterday posted an increase from 241K (revised) to 244K. The US Consumer Price Index f...
Read More

USD/JPY – US Dollar Awaits NFP Report for Next Move Vs Japanese Yen

Key Highlights The US Dollar remains in a downtrend against the Japanese Yen with a close below 111.00. There is a major descending channel with resistance near 110.40 forming on the 4-hours chart of USD/JPY. The US Factory orders figure for June 2017 was recently released, which posted an increase of 3% (MoM). Today, the US Nonfarm payrolls figure for July 2017 w...
Read More

USD/JPY – Can US Dollar Hold 110.50 Vs Japanese Yen?

Key Highlights The US Dollar is under a lot of selling pressure and trading below 111.50 against the Japanese Yen. There is a connecting bullish trend line with support at 110.80 forming on the 4-hours chart of USD/JPY. Today in Japan, the National Consumer Price Index for June 2017 was released, which posted an increase of 0.4% (YoY). The Japanese Unemployment Rate for J...
Read More

USD/JPY – Can US Dollar Recover Above 113.00 Vs Japanese Yen?

Key Highlights The US Dollar after a bearish wave found support near 111.50 against the Japanese Yen. The USD/JPY recently broke a bearish trend line at 112.00 on the 4-hours chart. Recently in the US, the Initial Jobless Claims for the week ending July 15, 2017 was published, which declined from 247K to 233K. Today in Japan, the foreign bond investment (July 10, ...
Read More

USD/JPY – Bearish Break Sighted for Dollar To Japanese Yen

Key Highlights The US Dollar seems like made a short-term top near 114.48 against the Japanese Yen. The USD/JPY pair broke a major bullish pattern with support at 113.80 on the 4-hours chart. Today in the US, the Consumer Price Index for June 2017 will be published, which is forecasted to increase by 1.7% (YoY), down from the last +1.9%. Recently in the US, the In...
Read More

«...1011...»