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
Free Trading Guides
EUR/USD
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
Oil - US Crude
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
Wall Street
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
Gold
Mixed
GBP/USD
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
USD/JPY
Mixed
More View more
Real Time News
  • BoE Governor Bailey says the BoE should have negative rates in toolbox because other countries have demonstrated they can do it
  • BOE Governor Bailey says we have to look at how negative rates will affect the financial system - BBG
  • Commodities Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.32% Gold: -0.19% Silver: -1.42% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/Fi1j0nSeXP
  • 🇺🇸 New Home Sales MoM (AUG) Actual: 4.8% Expected: -0.1% Previous: 14.7% https://www.dailyfx.com/economic-calendar#2020-09-24
  • Dow, Nasdaq Price Forecast: Sellers Drive as Q4 Open Nears https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2020/09/24/Dow-Nasdaq-Price-Forecast-Sellers-Continue-to-Drive-Q4-Open-Nears.html https://t.co/6sn4RfUTxX
  • Tune in to @RichDvorakFX 's #webinar at 11:00 AM ET/3:00 PM GMT to learn how to identify trends with trader #sentiment. Register here: https://t.co/MqVMi2INbJ https://t.co/EHYC4aIrA3
  • 🇺🇸 New Home Sales MoM (AUG) Actual: 4.8% Expected: -0.1% Previous: 13.9% https://www.dailyfx.com/economic-calendar#2020-09-24
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.89%, while traders in EUR/GBP are at opposite extremes with 64.48%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/tPAyprfZga
  • Senate Republican Leader McConnell says there will be an orderly transition of power after November election
  • Commodities Update: As of 13:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.12% Gold: -0.28% Silver: -2.36% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/pK1fr7yhHP
USD/JPY Outside Day after Failed Run at 2014 Low

USD/JPY Outside Day after Failed Run at 2014 Low

2014-05-21 20:33:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

USD/JPY Outside Day after Failed Run at 2014 Low

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-“USDJPY has rebounded from the line that extends off of the February and 3/14 lows. The rally from the February low channels in a corrective manner and makes 104.12 important from a bigger picture bearish perspective.” Last week’s high (outside week) at 102.35, is the new pivot.

-A break would target 99.44 (2 equal legs from the Jan high).

LEVELS: 100.00 100.74 100.93 | 101.62 101.95 102.21

--Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.

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

DISCLOSURES