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
4.13
Current
---
Chg. Open Interest
23.8%
Outlook
Bearish

Support & Resistance

USD/JPY
Dollar Climb Pushes USD/JPY to 103, Gold and Oil Below Support
S1101.74 W R3103.20 S
S299.02 M R2102.75 M
S398.77 S R1102.46 W
Trend
down
Volatility
25%
Advertisement

News


Dollar Climb Pushes USD/JPY to 103, Gold and Oil Below Support

Despite moving closer and closer to the climax of liquidity drain between structural moral hazard, Summer Lull and the US Labor Day weekend; the Dollar continues its climb.
Continue Reading


USD: Bullish Reversal or Retracement in a Bearish Trend


USD/JPY Head and Shoulders Failure Trigger is Bullish


USDOLLAR Index Technicals Turning - EUR/USD, USD/JPY Key


Yen Little Changed as Unemployment Rate Drops to a 21-Year Low


Real Time News


Analyst Picks

James Stanley   

Currency Analyst

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

Advertisement

Pivot Points

Sign Up For a Practice Account and Receive Your Dollar Forecast
First Name
Last Name
E-Mail
Phone Number
Country

Confirmation

Thank you for your request
You will receive your Forecast by email shortly.

Advertisement

Forex Economic Calendar

A: Actual   F: Forecast    P: Previous