Japan Q1 real GDP +1.0% QoQ
By Sean Lee || May 16, 2012 at 23:50 GMT hey sean it looks to me USD/JPY has some down. It looks like the rally capped under 80.38 the 100MA which to me is a very significant level if the bulls wanted too show more strength after the minor correction.
Is There A Sell Off Coming For The Yen?
For weeks the forex markets have been focused on the plight of the euro and the economies in the eurozone. The bears were perplexed, as the euro versus the US dollar continued to find support around the 1.30 handle. We suspected, as did other analysts, ...
USD/JPY Technical Outlook – May 16th
USDJPY remains in a pivotal position, just above 80.00. Although the price action has broken through round figure resistance, barriers above are suppressing any meaningful moves above the 80.00 figure. Notably, the previously cited 84.09-81.68
Yen Falls as Traders Anticipates Intervention from BoJ
The Japanese yen fell against other major currencies today on speculation that the Bank of Japan will continue its efforts to weaken the currency. Even fears of the European debt crisis were not been able to help Japan’s currency.
USD/JPY Breaks Above Channel Resistance; Trades at May High
USD/JPY indeed bottomed out in the short-term and broke above a declining channel resistance. The 1H chart shows the bottoming formation. There is resistance in the 80.50-80.60 area. This is the May high established in the beginning of the month
ForexLive: USD/JPY Reaches 50% Target and Stalls
The USD/JPY continued it’s move to the upside in trading overnight and extended to the 50% retracement target at 80.55...more.
USD/JPY Forecast May 16, 2012, Technical Analysis
The USD/JPY pair rose during the Tuesday session as the Dollar gained against almost all currencies. The pair has been sitting at the 80 handle for several sessions now, and it looks as if the level could cause a bounce. It would make sense if it
Singapore Stocks-May fall on Greece concerns
----------------------MARKET SNAPSHOT @ 0015 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1330.66 -0.57% -7.690 USD/JPY 80.27 0.1% 0.080 10-YR US TSY YLD 1.7705 -- 0.000 SPOT GOLD 1541.56 -0.16% -2.540 US CRUDE 93.14 -0.89% -0.840 DOW JONES ...
Australian Stock Mar/ket Report - Morning - 05/16
The Aussie dollar fell from highs of US100.12c to US99.19c and ended US trade near US99.30c. And the Japanese yen held between 79.80 yen per US dollar and JPY80.30 and was near JPY80.25 at the close of US trade. Benchmark crude oil prices were mixed on ...
USD/JPY: Trading the Japanese GDP
The Gross Domestic Product (GDP) measures production and growth of the economy. Analysts consider GDP one the most important indicators of economic activity. A reading which is better than the market forecast is bullish for the Japanese yen.H
Daily Summary on USD, Euro, GBP, JPY, CAD, AUD and NZD
USD - The USD diverged from its recent trends overnight, but nonetheless strengthened further against many of its major counterparts. Despite ongoing fears that the Eurozone is descending into further political and economic turmoil, risk sentiment is ...
USD/JPY Technical Outlook – May 15th
Japanese yen weakness is helping the USDJPY exchange rate to rise above key resistance at 80.00. However, with confluence of barriers up ahead, the current bid momentum may only be temporary.


