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.


SSI: The Speculative Sentiment Index


Last Week
2.78
Current
---
Chg. Open Interest
-21.2%
Outlook
Mixed

Support & Resistance

USD/JPY
Fundamental and Technical 4Q Outlook: Will Markets Transition from Quiet to Active?
S1100.64 W R3104.31 S
S2100.05 M R2103.24 M
S399.51 S R1101.86 W
Trend
down
Volatility
26%
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News


Fundamental and Technical 4Q Outlook: Will Markets Transition from Quiet to Active?

We have closed out one of the most subdued quarters of trading in recent memory. However, the congestion isn't likely to last for much longer as fundamental pressure taxes the closing technical boundaries across the market. What catalysts can force the explosion and what direction will the markets take?
Continue Reading


Japanese Yen Poised to Gain Further For Three Key Reasons


Critical Technical and Sentiment Breaks in the Fourth Quarter


USD/JPY Technical Analysis: Fault Lines Are Showing Favoring JPY


Looking Ahead to Q4, Volatility for EUR, USD, GBP Seems Certain


Real Time News


Analyst Picks

Michael Boutros   

Currency Strategist

My Picks: Near-term Setups in USDJPY, USDCAD & AUDUSD- USDOLLAR Range in Focus
Expertise: Technicals
Average Time Frame of Trades: 1-2 Days

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