Tag Archives: USD/JPY

USD/JPY Analysis

The pair started the day at Y103.88 just off last night’s US low of Y103.78 while euro-yen started at Y137.05.

Equities at record highs, many bond yields at record lows and suppressed volatility are the focus.

EUR/USD made new lows yesterday,confirming persistent selling pressures.

In terms of data releases we have a very light global calendar. In Germany the GfKconsumer confidence for September is released.

Layers of resistance continue to develop as the EUR/USD works its way lower, again setting fresh 2014 and 11 month lows.

The pair opened at Y104.07 this morning and ran into early selling from Asian accounts which triggered a fairly sharp drop to Y104.03.

Today’s highlights: EURUSD immediate risk stays lower for September’s low at 1.3104,

EUR/USD is trying to stabilise after its recentnew lows. However, the short-term technicalstructure is negative as long

The dollar weakened slightly in Asia. Although AUDUSD fell to 0.9298, possibly in partial response to

Focus is expected to be on the Ukraine crisis once again, as there is an event inBelarus’s capital Minsk, where top officials from

Fresh 2014/11 mth lows continue with bears initially focused on $1.3071-1.3101 where the falling daily channel base and

All resistance containing the 7-month triangle/consolidation in $yen was broken via the rallies through 103.09 & 104.13.