Site Search
Loading
    FREE Online Demo

    Get a free online demonstration of our leading online Forex trading platform…

Share Easy-Forex
Play the Easy Forex Online Game
Free 2012 Forex Guide

Now it's FREE - The New 2012 Forex eBook! Years of experience in Forex trading have gone into this book.

Fine Our More

Smart Investor Award

JPY Trading Outlook


 
9.5.2012-7.5.2012 4.5.2012-30.4.2012 27.4.2012-23.4.2012 20.4.2012-16.4.2012 13.4.2012-9.4.2012 5.4.2012-2.4.2012 30.3.2012-27.3.2012 23.3.2012-19.3.2012 16.3.2012-12.3.2012 9.3.2012-5.3.2012 2.3.2012-27.2.2012 24.2.2012-20.2.2012 17.2.2012-13.2.2012 10.2.2012-6.2.2012 3.2.2012-30.1.2012 27.1.2012-23.1.2012 20.1.2012-16.1.2012 13.1.2012-9.1.2012 6.1.2012-2.1.2012 30.12.2011-26.12.2011 23.12.2011-19.12.2011 16.12.2011-12.12.2011 9.12.2011-5.12.2011 2.12.2011-28.11.2011 24.11.2011-21.11.2011 18.11.2011-14.11.2011 11.11.2011-7.11.2011 4.11.2011-31.10.2011 28.10.2011-24.10.2011 21.10.2011-17.10.2011 14.10.2011-10.10.2011 6.10.2011-3.10.2011 30.9.2011-26.9.2011 23.9.2011-19.9.2011 16.9.2011-12.9.2011 9.9.2011-5.9.2011 2.9.2011-29.8.2011 26.8.2011-22.8.2011 19.8.2011-15.8.2011 12.8.2011-8.8.2011 4.8.2011-2.8.2011 29.7.2011-25.7.2011 22.7.2011-18.7.2011 15.7.2011-11.7.2011 8.7.2011-4.7.2011 1.7.2011-28.6.2011 24.6.2011-20.6.2011 16.6.2011-13.6.2011 10.6.2011-6.6.2011 3.6.2011-30.5.2011 27.5.2011-23.5.2011 20.5.2011-16.5.2011 13.5.2011-9.5.2011 6.5.2011-2.5.2011 29.4.2011-25.4.2011 21.4.2011-18.4.2011 15.4.2011-11.4.2011 8.4.2011-4.4.2011 1.4.2011-28.3.2011 25.3.2011-21.3.2011 17.3.2011-14.3.2011 11.3.2011-8.3.2011 4.3.2011-28.2.2011 25.2.2011-21.2.2011 18.2.2011-14.2.2011 11.2.2011-7.2.2011 4.2.2011-31.1.2011 28.1.2011-25.1.2011 21.1.2011-17.1.2011 14.1.2011-10.1.2011 7.1.2011-3.1.2011 31.12.2010-29.12.2010 24.12.2010-20.12.2010 17.12.2010-13.12.2010

19th August

The Japanese Yen (JPY) is being kept very contained against the USD with the BOJ verbal intervention support at Y76.50 and safe haven demand capping rallies towards Y77. Crosses were heavier though with AUD/JPY dropping below Y80 and EUR/JPY slipping back below the key Y110. Plenty of range traders are cashing in the on the 10 day 50 pip range on the USD/JPY with well-defined entry and exit points.

18th August

The Japanese Yen (JPY) USD/JPY refused to move out of the stranglehold of the recent 5 trading days with only the crosses showing signs of life. AUD/JPY tested Y81 and EUR/JPY tested Y111 but was able to break these resistances and fell back with US stocks into the close. The BOJ Governor Noda continues to comment daily that the central bank will intervene if the currency moves too quickly.

17th August

The Japanese Yen (JPY) USD/JPY moved cautiously with little interest to break out of the recent range. Crosses were mixed with AUD/JPY falling with stocks whilst GBP/JPY pushed higher with the stronger UK CPI. Stock market movements will continue to direct the safe haven currency for the rest of the week.

16th August

The Japanese Yen (JPY) lost ground against most currencies as the safe haven was sold for riskier currencies such as the AUD and EURO. The USD/JPY remained quiet waiting for a catalyst out of the current range. Better than expected Q2 Japanese GDP is helping keep risk appetite strong.

15th August

The Japanese Yen (JPY) seemed content to remain in a well-defined Y76.50-Y77 range with the action left to the crosses which rallied with the notable exception of CHF/JPY.   AUD/JPY and EUR/JPY are targeting the key resistances at Y80 and Y110.


  Go to Japanese Yen (JPY) Archive