Research

usd/jpy Technicals

Thursday, 02 July 2009 14:14:59 GMT

Yen Technical Outlook

By Jamie Saettele, Senior Currency Strategist

usd/jpy Fundamentals

Friday, 03 July 2009 19:01:24 GMT

Japanese Yen Forecast Turns Bullish as S&P 500 Tumbles

By David Rodriguez, Quantitative Strategist
Central Bank Interest
Central Bank Calendar
EURJPYGBPAUDCADNZDCHF  

Japanese Yen (JPY)

ico-clock Current Time - Tokyo: 8:53 AM | EST: 7:53 PM | GMT: 11:53 PM


SENTIMENT AND POSITIONING
SSI Positioning
COT Positioning

JPY:  The 13 week index is at 92 and has not been extreme recently, which is neutral.


Full Article
FUNDAMENTALS — THIS WEEKS ECONOMIC RELEASES
Most Recent Economic Releases Forecast Previous
JPY Industrial Production (MoM) (MAY P) 7.0% 5.9%
JPY Industrial Production (YoY) (MAY P) -28.8% -30.7%
JPY Retail Trade s.a. (MoM) (MAY) 0.0% 0.7% (R+)
JPY Retail Trade (YoY) (MAY) -2.6% -2.8% (R+)
JPY Large Retailers' Sales (MAY) -6.2% -6.7%
JPY Vehicle Production (YoY) (MAY) -47.1%
JPY Nomura/JMMA Manufacturing Purchasing Manager Index (JUN) 46.6
JPY Job-To-Applicant Ratio (MAY) 0.45 0.46


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Technicals - Support and Resistance for JPY
Support and Resistance Levels Interest Rate Outlook
Key Levels Strength Comments Timeframe Target
R4 101.64 High 61.8% Fibo 110.69-87.14 Benchmark 0.10
R3 99.77 High 5/7 High
R2 98.87 High 50.0% Fibo 110.69-87.14 1 Week 0.160
R1 96.10 High 38.2% Fibo 110.69-87.14 1 Month 0.231
S1 95.02 Medium 6/24 Low 3 Month 0.454
S2 94.41 Weak Bollinger Band Support 6 Month 0.699
S3 93.85 High 5/22 Low 9 Month 0.789
S4 92.61 High 61.8% Fibo 87.14-101.47 1 Year 0.869
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FROM THE CENTRAL BANK
  Central Bank: Bank of Japan
  Current Bias: Neutral
  Current Interest Rate: 0.10%
  Last Change: 6/16/09 no change
  Next Meeting: 07/15/2009 More Dates
Latest Bank of Japan Interest Rate Outlook

 

Central Bank Governor:  Masaaki Shirakawa 


Current Voting Members:  H. Yamaguchi, Kohiko G. Nishimura, Miyako Suda, Atsushi Mizuno, Tadao Noda, Seiji Nakamura, Hidetoshi Kamezaki,