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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: 118.88S
S2: 118.45M
S3: 117.91M
R3: 120.73S
R2: 119.98S
R1: 119.32W
6%
View OutlookView Outlook
Chart Chart
Mon, 27 Apr 2015 07:33:00 GMT

USD/JPY Pivot Points

Dollar Yen News

USD/JPY Continues to Carve Lower-Highs Despite Japan Ratings Cut
The series of lower highs & lows in USD/JPY may produce a further decline in the exchange rate amid bets for a further expansion in the BoJ’s QQE program.
USD/JPY Technical Analysis: Support Sub-119.00 in Focus
USD/JPY Carves Bearish Formation in April- 118.20 Support in Focus
The near-term decline in USD/JPY may gather pace in the week ahead should the Fed show a greater willingness to further delay its normalization cycle.
USD/CAD & USD/JPY - Two Peas in a Pod
Head & Shoulders pattern break looming in USD/JPY?
USD/CAD & USD/JPY - Two Peas in a Pod?
Head & Shoulders pattern break looming in USD/JPY?

Forex Economic Calendar

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Date Time Currency Event Importance Actual Forecast Previous Notes
Tue
Apr 28
14:00
USD Consumer Confidence (APR) 102.5 101.3
Wed
Apr 29
12:30
USD Gross Domestic Product (Annualized) (1Q A) 1.0% 2.2%
12:30
USD Personal Consumption (1Q A) 1.7% 4.4%
12:30
USD Gross Domestic Product Price Index (1Q A) 0.5% 0.1%
18:00
USD Federal Open Market Committee Rate Decision (APR 29) 0.25% 0.25%
Thu
Apr 30
03:00
JPY Bank of Japan Policy Statement/Kuroda Press Conference
12:30
USD Personal Consumption Expenditure Core (YoY) (MAR) 1.4% 1.4%
23:30
JPY National Consumer Price Index (YoY) (MAR) 2.2% 2.2%
Fri
May 1
14:00
USD ISM Manufacturing (APR) 52 51.5