Tag Archives: JPY

JPY Mid-day Analysis

Down-trend channel resistance is seen up at 83.94 and that resistance line falls down to 83.75 on Wednesday.

IMM data released on Friday revealed that investors for the second consecutive week reduced their short EUR positions.

We continue to suggest that traders sell rallies in the Yen of 30-40 points looking for

In the week ahead investors will be awaiting Thursday data on U.S. retail sales and

Sentiment is USD bullish. Traders maintained their large $49bn net position,

The down trend in the Yen remains firmly entrenched and

While the Yen is taking a beating on the charts one should not view that action as a sign of

The trend in the Yen remains down and until the Yen reaches back down into the 82.00 to

While an upcoming vote or no vote of confidence for Abe might result in expanded volatility and

With a fresh ratings cut for Japan overnight, fresh chart damage and weak data flowing from

In the week ahead investors will be focusing on the outcome of a policy meeting of the ECB on Thursday,

Over the past week, the SG FX Enhanced Risk Premia strategy has increased its long CAD and