USDJPY Analysis – July 13, 2013
USDJPY’s upward movement from 93.79 reached 101.53 only. The subsequent fall suggests that a sideways movement in a range between 93.79 and 103.73 is underway.
Tag: USDJPY
USD/JPY Forecast July 12, 2013, Technical Analysis
The USD/JPY pair went back and forth during the session on Thursday, essentially ending the day doing nothing. We formed a massively neutral candle, and got nowhere in the end.
Major Correction on USD/JPY (July 11, 2013)
USD/JPY suffered heavy selling pressure in yesterday’s trading when the FOMC meeting minutes revealed that not all Fed officials are in agreement with Bernanke’s tapering schedule. The minutes showed that some policymakers are still waiting to see...
USD/JPY Forecast July 11, 2013, Technical Analysis
The USD/JPY pair fell hard during the session on Tuesday, slamming into the 100 handle. The Federal Reserve announced its recent meeting minutes, which showed that several of the members are hoping to see higher employment numbers...
USD/JPY Forecast July 9, 2013, Technical Analysis
The USD/JPY pair fell during the session on Monday, sitting right at the 101 handle towards the close in New York. That being said, we expect to see a little bit of a bounce here, perhaps even...
USDJPY Analysis – July 6, 2013
USDJPY’s upward movement from 93.79 extends to as high as 101.22. Further rise to test 103.73 previous high resistance would likely be seen next week, a break above this level could signal resumption of the long term...
USD/JPY Forecast July 8, 2013, Technical Analysis
The USD/JPY pair initially fell during the session on Friday, but you can see that the 100 level offered enough support in order to push the market higher. We eventually closed above the 101 handle, based mainly...
USD/JPY Forecast July 5, 2013, Technical Analysis
The USD/JPY pair fell during the session on Thursday, but bounced enough to form a hammer at the 100 level. This market continues to be one of our favorite, as there is so much action involving the...
USD/JPY Forecast July 4, 2013, Technical Analysis
The USD/JPY pair fell during the majority of the session on Wednesday, even managing to dip down to the 99 handle. However, we bounced back towards the 100 handle, and formed a candle the does in fact...
USD/JPY Forecast July 3, 2013, Technical Analysis
The USD/JPY pair rose during the session on Tuesday, breaking above the 100 handle finally, as we expected. This market looks like it’s ready to head into another leg higher, but it should be noted that the...