Tag Archives: USD/JPY

USD/JPY Analysis

Portfolio flow data reveals that Japanese investors were net buyers of foreign bonds for the week ending July 18 for the 2nd straight week but

EUR/USD has broken the key support areadefined by 1.3503 (see also the long-term risingtrendline from the July 2012 low) and

EURUSD: Still ripe for a correction higher. A Jul1-24 bearish wave sequence may be completed (seen best with hourly observations).

Broadly, the USD is slightly stronger in Asia. Although EURUSD is flat at 1.3465, AUDUSD dipped to 0.9407 and USDJPY rose to 101.78.

Fresh 2014 and 8 month lows continued for the euro Thursday before the EUR/USD managed the first decent bounce this week.

The pair opened at Y101.82 this morning in Asia and traded with a mildly weaker bias in early dealings, easing to a Y101.74 low a few minutes before

Encouraging early PMIs from Europe and China combined with reasonably strong earning releases are supporting risk and

Today’s highlights: EURUSD confirms a bearish “wedge” and we look for further weakness to 1.3374 initially, then 1.3248.

EUR/USD has broken the key support areadefined by 1.3503 (see also the long-term risingtrendline from the July 2012 low) and

Fresh 2014 and 8 month lows continued for the EUR/USD Wednesday with immediate focus on the $1.3400-21 region where Nov 21 2013 lows and

The pair started this morning’s session at Y101.48 in the Asia-Pacific, and made early forays up to the Y101.56 highs traded last night in the US.

The JPY has been trading within the past few months’ trading range. There is limited room for the BoJ to easing monetary policy further,