USD/JPY Analysis - Page 2
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Thread: USD/JPY Analysis

  1. #1
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    USD/JPY Analysis

    USD / JPY has accelerated the decline in Tokyo afternoon, when approaching the key support at 118.30 / 25, after falling sharply from 119.00. There is an option expiry of 118.50, which will see a strong bid soon reappear considering sales sharply visible. The Nikkei 225 is now down nearly 0.50% ahead of the weekend.


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  2. #11
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    USD / JPY had returned 119, but overall continue to trade in a sideways pattern below 120. Kuroda BoJ continues to maintain its position that inflation will reach the target of 2% in the period meant FY15 / 16, although the central bank will be ready to respond with action if necessary

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  3. #12
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    yen strengthened against the US dollar in the Asian session, although some Japanese economic data releases today somewhat disappointing. However, industrial output soared above expectations, simply become energy intake for the Yen to draw down US Dollars. USD / JPY was trading at 119.26

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  4. #13
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    USD / JPY continues to rise in the middle of the Asian session, hovering near three-week highs recently, largely supported by a stronger US dollar in major currencies USD / JPY which is facing strong resistance at 119.90 level.
    Support and Resistance
    Support: 119 824, 119 788, 119 745
    Resistance: 119 903, 119 946, 119 982
    Trend: Bullish

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  5. #14
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    deterioration of the USD / JPY previously linked to comment Advisory Honda government, which suggest that the exchange rate can reach the limit of what is seen as a relatively acceptable.
    Support and Resistance
    Support: 119.6233, 119.4907, 119.3923
    Resistance: 119.8543, 119.9527, 120.0853
    Trend: Bearish

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  6. #15
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    dips below 120.00 would be a good opportunity to buy USD / JPY ahead of US data releases today. Although the differential rate movements, USD-JPY slipped on Tuesday after Japan's official rhetoric despite worsening IMP services / composite February this morning could put on a pair of short-term floor ahead of the non-manufacturing ISM, Beige Book, and the US ADP report today

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  7. #16
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    yen weakened against the US dollar on Thursday (05/03) this afternoon. Just like the Australian dollar, the Japanese currency weakened after the central bank official to give a statement. USD / JPY rose as much as 0.10 percent thinner towards 119.81, from his position at the closing session of the New York trading at 119.71.

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  8. #17
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    USD / JPY is currently trading at 119.95 with the highest and lowest 120.20 119.92. Lately, the US-Japan yield gap wider helped lift the USD / JPY over the key level of 120.00 but is currently down lower and vice versa withstand some regions just below 120 while today continues. Major currencies fell back from 120.06 / 18 recently, while the negative side is extended from the 120.30 area. 119.80 comes as the next support ahead of 119.40.

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  9. #18
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    Data on non-farm payrolls (NFP) better-than-expected push USD / JPY higher to the 120.80 level. The decrease in wages and a downward revision in January payrolls figures could not have a significant impact on this pair. Overall upbeat jobs report the unemployment rate fell to 5.5%. Figures wages weaker than expected and revised down NFP January to 239K from 257K failed to have an impact on this pair.

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  10. #19
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    USD / JPY is currently trading at 120.60 with the highest and lowest 120.89 120.60 USD / JPY started the week on offer below the level resistensei 102.80. There is increasing on a quarterly basis in Japan with the actual GDP of 0.4% -0.6% despite beating the previous year this year is 1% vs. 2.2% previously. However, the overall tone of the greenback riding a string with another beating consensus nonfarm wage figures from the US on Friday that major currencies has brought this to the positive territory in 120.

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  11. #20
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    USD / JPY is currently trading at 121.45 to 121.62 high. and lows 121.17 USD / JPY back in shape with new highs achieved due to persistent dollar and still clear the way for higher. Crossing the boundary at this stage is very important, and if we do not get back into the range of disappointing that the market really can do, except be in the long-term risk to be lower.

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