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. See our updated Privacy Policy here.



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

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
Oil - US Crude
Wall Street
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
More View more
Real Time News
  • Heads Up:🇨🇳 Fixed Asset Investment (YTD) YoY (MAY) due at 07:00 GMT (15min) Expected: 16.9% Previous: 19.9%
  • Heads Up:🇨🇳 Industrial Production YoY (MAY) due at 07:00 GMT (15min) Expected: 9% Previous: 9.8%
  • Heads Up:🇨🇳 Retail Sales YoY (MAY) due at 07:00 GMT (15min) Expected: 13.6% Previous: 17.7%
  • Heads Up:🇨🇳 Unemployment Rate (MAY) due at 07:00 GMT (15min) Previous: 5.1%
  • Heads Up:🇨🇳 NBS Press Conference due at 07:00 GMT (15min)
  • Gold Prices Extend Lower as Traders Eye FOMC For Tapering Clues
  • MACD who? The Moving Average Convergence Divergence (MACD) is a technical indicator which simply measures the relationship of exponential moving averages (EMA). Find out how you can incorporate MACD into your trading strategy here:
  • 🇬🇧 Core Inflation Rate YoY (MAY) Actual: 2% Expected: 1.5% Previous: 1.3%
  • 🇬🇧 Inflation Rate MoM (MAY) Actual: 0.6% Expected: 0.3% Previous: 0.6%
  • 🇬🇧 Inflation Rate YoY (MAY) Actual: 2.1% Expected: 1.8% Previous: 1.5%
USD/JPY Technical Analysis – Yen Moves to 1-Month High

USD/JPY Technical Analysis – Yen Moves to 1-Month High

Ilya Spivak, Head Strategist, APAC

To receive Ilya's analysis directly via email, please SIGN UP HERE

Talking Points:

  • USD/JPY Technical Strategy: Flat
  • Support: 101.32, 100.97, 100.38
  • Resistance: 101.92, 102.13-35, 102.71

The US Dollar has declined to test year-to-date range support against the Japanese Yen after breaking the bottom of a channel set from mid-May. A daily close below 101.32 exposes the outer layer of range support at 100.97. The range bottom – now at 101.92 – has been recast as near-term resistance. A turn back above that aims for the May 27 high at 102.13.

Risk/reward considerations warn against entering short with prices sitting just above relevant support. Alternatively, the absence of a defined bullish reversal signal suggests it is premature to take up the short side. On balance, we remain flat.

Add these technical levels directly to your charts with our Support/Resistance Wizard app!

USD/JPY Technical Analysis – Yen Moves to 1-Month High

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for

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