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USD/JPY

USD/JPY - Yen is one of the most traded currencies in the world, especially due to its low interest rate since the Yen is used in carry trades. Recently the Bank of Japan has expanded their purchase of Yen, hoping to overturn the deflation tide to inflation. Doubling this money supply is devaluing the Yen, boosting exports; but, increasing prices of imports at the same time, especially for commodities.

USD/JPY Rate

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Weekly US Dollar and Japanese yen Trading Forecast

Symbol Forecast Outlook

Candlestick

Symbol Trend Bias Time Frame Candlestick Formation Candle Bias Chart Links

Elliot Wave

Symbol Bias Time Frame Invalidation Objective Chart Links

Sentiment

Symbol LastWeek Present %Long Change:
Open Interest
Signals Chart Links

USD/JPY Support & Resistance

W - Weak | M - Moderate | S - Strong
Symbol Trend Volatility Analysis / Chart
USD/JPY
S1: 102.71W
S2: 102.43M
S3: 102.25M
R3: 103.79S
R2: 103.50M
R1: 103.03M
73%
View OutlookView Outlook
Chart Chart
Fri, 01 Aug 2014 05:32:00 GMT

USD/JPY Pivot Points

Dollar Yen News

USD/JPY Technical Analysis: Upswing Stalls at 103.00 Figure
Key Factors Favor a Much Larger USDJPY Breakout
A significant shift in trader sentiment warns that the US Dollar may be on the cusp of a major breakout versus the Japanese Yen.
FX Reversals: USDJPY Breakout Update
USD/JPY Hits Selling Pressure At 103.00 Yet Reversal Patterns Lacking
USD/JPY has continued its ascent following a Harami pattern on the daily with the pair testing key resistance near 103.00 in recent trading.
USD/JPY Fueling Broader USD Breakout; EUR/USD Weak Under 1.3400
Today can be viewed as an 'eye of the storm' type day, considering that there's no major US event risk: yesterday saw ADP, GDP, FOMC; tomorrow sees NFPs, PCE, ISM.

Forex Economic Calendar

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Date Time Currency Event Importance Actual Forecast Previous Notes
Wed
Jul 30
12:30
USD Gross Domestic Product (Annualized) (2Q A) 4.0% 3.0% -2.1%
12:30
USD Personal Consumption (2Q A) 2.5% 1.9% 1.2%
12:30
USD Gross Domestic Product Price Index (2Q A) 2.0% 1.8% 1.3%
18:00
USD Fed Pace of Treasury Pur (JUL) $15B $15B $20B
18:00
USD Fed Pace of MBS Purchases (JUL) $10B $10B $15B
18:00
USD Federal Open Market Committee Rate Decision (JUL 30) 0.25% 0.25% 0.25%
Fri
Aug 1
12:30
USD Change in Non-farm Payrolls (JUL) 209K 230K 298K
12:30
USD Unemployment Rate (JUL) 6.2% 6.1% 6.1%
12:30
USD Personal Consumption Expenditure Core (YoY) (JUN) 1.5% 1.4% 1.5%
14:00
USD ISM Manufacturing (JUL) 56.0 55.3