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
-1.52
Current
---
Chg. Open Interest
-1.4%
Outlook
Bullish

Support & Resistance

USD/JPY
US Dollar Remains a Buy versus the Yen, but Watch Critical Week Ahead
S1114.02 W R3115.87 M
S2113.17 M R2115.45 M
S3112.03 S R1115.37 W
Trend
down
Volatility
26%
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News


US Dollar Remains a Buy versus the Yen, but Watch Critical Week Ahead

A critical US Federal Reserve meeting in the week ahead will likely determine whether the USD/JPY can hit further highs before the year is through.
Continue Reading


Technical Weekly: USD/JPY Still Making History


USD/JPY Technical Analysis: Facing LT Resistance After Breakout


Bullish USD/JPY Momentum Remains Intact Ahead of FOMC Meeting


US Dollar Likely to Rally Even Further versus Japanese Yen


Real Time News


Analyst Picks

James Stanley   

Currency Strategist

My Picks: Long USD/JPY
Expertise: Price Action + Macro
Average Time Frame of Trades: Few days - Few weeks

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Pivot Points

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Forex Economic Calendar

A: Actual   F: Forecast    P: Previous