News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Search results
No entries matching your query were found.
English Español Français Deutsch 中文（繁體） 中文（简体）
Free Trading Guides
Subscribe
Please try again
EUR/USD
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
US Dollar Forecast: Biden Ascends to Presidency - Will Greenback Descend? Levels for DXY Index
2021-01-20 20:40:00
US Dollar Price Action Setups: EUR/USD, USD/CAD, AUD/USD
2021-01-20 20:13:00
Oil - US Crude
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
Gold, Crude Oil Outlook: Weaker Dollar and Reflation Hopes Underpin Prices
2021-01-20 06:00:00
Crude Oil Latest: Trend Higher Still in Place Despite IEA Cutting Forecast For Demand
2021-01-19 13:30:00
Wall Street
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
As a New Retail Trader Age Rises, Heed Tales of Past Manias
2021-01-20 22:00:00
S&P 500, Dow Jones & Nasdaq 100 Charts – Continuing to Channel Higher
2021-01-20 13:30:00
Gold
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
Precious Metals Analysis: Gold and Silver Buoyant as Real Yields Fall
2021-01-21 03:00:00
Gold Price Forecast: XAU/USD Recovers but is the Rally to be Believed?
2021-01-20 22:30:00
GBP/USD
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
US Dollar Forecast: Biden Ascends to Presidency - Will Greenback Descend? Levels for DXY Index
2021-01-20 20:40:00
Sentiment Snapshot (Europe): GBP/USD, EUR/JPY, GBP/JPY
2021-01-20 14:55:00
USD/JPY
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
US Dollar Forecast: Biden Ascends to Presidency - Will Greenback Descend? Levels for DXY Index
2021-01-20 20:40:00
Japanese Yen Technical Forecast: USD/JPY Triangle Builds into Wedge
2021-01-16 16:00:00
More View more
Real Time News
  • Japanese Prime Minister Suga says infection rates are still high following emergency declaration - BBG
  • 🇳🇱 Unemployment Rate (DEC) Actual: 3.9% Previous: 4% https://www.dailyfx.com/economic-calendar#2021-01-21
  • 🇳🇱 Consumer Confidence (JAN) Actual: -19 Previous: -20.0 https://www.dailyfx.com/economic-calendar#2021-01-21
  • 🇳🇱 Unemployment Rate (DEC) Actual: 3.9 Previous: 4% https://www.dailyfx.com/economic-calendar#2021-01-21
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 100.00%, while traders in Wall Street are at opposite extremes with 70.99%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/e6YUDJEZ1A
  • Germany's Covid death toll rises above 50,000 - BBG
  • Forex Update: As of 05:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.49% 🇦🇺AUD: 0.33% 🇬🇧GBP: 0.21% 🇯🇵JPY: 0.13% 🇨🇦CAD: 0.13% 🇨🇭CHF: 0.10% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/1UDJQe7C0f
  • Heads Up:🇳🇱 Consumer Confidence (JAN) due at 05:30 GMT (15min) Previous: -20.0 https://www.dailyfx.com/economic-calendar#2021-01-21
  • Heads Up:🇳🇱 Unemployment Rate (DEC) due at 05:30 GMT (15min) Previous: 4% https://www.dailyfx.com/economic-calendar#2021-01-21
  • Indices Update: As of 05:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 0.59% France 40: 0.41% US 500: 0.39% Germany 30: 0.39% Wall Street: 0.25% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/AO1cjIg0PC
Forex Analysis: Staying Short JPY

Forex Analysis: Staying Short JPY

David Rodriguez, Head of Product

I'm back in the saddle after a week off from trading, and it really doesn't seem like i've missed much. I remain long the USDJPY with an average price of ¥79.02, and the pair is almost exactly where it was when I left.

It's a longer-term position and I maintain that the USDJPY has set a long-term bottom. I'm further bearish both the USD and the JPY because of extremely quiet market conditions, though I'll look to trade those through our automated strategies.

I'll update any thoughts on said positions via the forex real time news feed.

--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com To receive the Speculative Sentiment Index and other reports from this author via e-mail, sign up to David’s e-mail distribution list via this link.

Contact David via Twitter at http://www.twitter.com/DRodriguezFX

Facebook at http://www.Facebook.com/DRodriguezFX

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

Related Articles

Gold breakdown offers opportunity
Gold breakdown offers opportunity
2015-07-15 19:10:00
Keep Risk Tight on Australian Dollar
Keep Risk Tight on Australian Dollar
2015-06-16 15:25:00
Long the US Dollar versus the Australian Dollar
Long the US Dollar versus the Australian Dollar
2015-06-10 15:25:00
Stay the course on USDJPY
Stay the course on USDJPY
2015-06-02 16:45:00
Advertisement