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Category Archives: USD/JPY Weekly Analysis

A focus on the USD/JPY exchange rate and any associated fundamental and technical analysis posts.

USDJPY Analysis – July 22nd – Dollar Yen Technical Update

USDJPY Analysis – July 22nd – Dollar Yen Technical Update

USDJPY Analysis – July 22nd – Dollar Yen Technical Update The USDJPY triangle pattern breakout we were monitoring last week ultimately found resistance at the 0.764 Fib retrace area.  This was aligned with prior H1 support as per the fig 1 (4 hour) chart.  Our analysis noted that this price action formation had formed as the dollar/yen pair oscillatedContinue Reading

USDJPY Analysis – July 19th – Dollar Yen Triangle Pattern Update

USDJPY Analysis – July 19th – Dollar Yen Triangle Pattern Update Our USDJPY technical update yesterday looked at a triangle consolidation setup on the H4 chart.  See fig 2 for the hour 4 USDJPY chart update. We noted that this price action formation had formed as the dollar/yen pair oscillated around the 100.00 handle round number area. This was also seen onContinue Reading

USDJPY Analysis – July 18th – Dollar Yen Technical Update – Triangle Pattern

USDJPY Analysis – July 18th – Dollar Yen Technical Update – Triangle Pattern

USDJPY Analysis – July 18th – Dollar Yen Technical Update – Triangle Pattern The USDJPY H4 chart (fig 3) is currently showing a triangle consolidation pattern.  This has formed as price oscillates around the 100.00 handle round number area.  As is often the case, this triangle pattern can be seen on the daily chart asContinue Reading

USDJPY Analysis – July 15th – Dollar Yen Technical Update – Ichimoku

USDJPY Analysis – July 15th – Dollar Yen Technical Update – Ichimoku

USDJPY Analysis – July 15th – Dollar Yen Technical Update – Ichimoku The USD/JPY pair is once again trading within reach of the psychological ¥100.00 handle round number – a key technical area of interest as it coincides with the longer term 61.8% Fib, price pivot zone and Tenkan Sen. The US dollar lost around 1.8% versus the yen on theContinue Reading

USDJPY Analysis – July 8th – Dollar Yen Technical Update – Ichimoku

USDJPY Analysis – July 8th – Dollar Yen Technical Update – Ichimoku

USDJPY Analysis – July 8th – Dollar Yen Technical Update – Ichimoku The USD/JPY pair has now seen a strong break above the psychological ¥100.00 handle round number – a key technical area of interest as it coincides with the 61.8% Fib and price pivot zone. The U.S. dollar climbed from ¥99.87 to ¥101.16 during Fridays session. The greenback is now trading at a five-week highContinue Reading

USDJPY Analysis – July 2nd 2013 – Dollar Yen Technical Update – Ichimoku

USDJPY Analysis – July 2nd 2013 – Dollar Yen Technical Update – Ichimoku The USD/JPY pair moved closer to the psychological 100.00 handle round number today – a key technical area of interest as it coincides with the 61.8% Fib and price pivot zone. The U.S. dollar climbed to ¥99.85 from ¥99.26 during the prior session.  The dollar had previously tradedContinue Reading

USDJPY Analysis – Week Of 24th June 2013 – Dollar Yen Technical Update – Ichimoku

USDJPY Analysis – Week Of 24th June 2013 – Dollar Yen Technical Update – Ichimoku

USDJPY Analysis – Week Of 24th June 2013 – Dollar Yen Technical Update – Ichimoku The USD/JPY pair moved to a weekly high of 98.27, testing the Ichimoku cloud base and finding resistance on Thursday.  Price is threatening to take out this high after moving back to the Senkou Span A area on Friday. USD/JPY climbed over 3.5% for theContinue Reading