USD/JPY Analysis - Page 4
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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. #31
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    I prefer to sell any recovery intraday USD / JPY as dollar sentiment remains negative. Although breakthrough marginal dollar against 119.90 to 118.83, lack of follow-up sales and intra-day recovery in Asian morning shows consolidation above intra-day lows will be visible. However, sentiment on the dollar is still slightly bearish after losses from Friday, so selling this pair on intra-day recovery is recommended

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  3. #32
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    USD / JPY continues the trend of the flat in the middle of the Asian session, consolidating above the 119.50 level, the pair is still not responsive to the strengthening of the US dollar ahead of US CPI data for fresh cues on major currencies.

    USD / JPY traded flat at 119.75 level, failed in several attempts to go beyond the level of 119.89 and 119.50 levels disguised as a great support. USD / JPY continues to trade sluggish, stuck at around the 119.75 level, although the recovery seen in the greenback after weak US housing data led to a huge decline in the last session. The US dollar index, which measures the relative strength of the greenback against a basket of six major currencies reverse the decline and 0.33% higher at new highs session at 97.55.

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  4. #33
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    with US yields wet, the USD / JPY may remain closed at 120.00 / 20 for a while. The pair may remain top-heavy with US yields wet and the 120.00 / 20 limits the interim while the 55-day MA (119.11) is expected to act as psychological support. market is expected to remain in a holding pattern with the Fed Evans is scheduled to appear today globally

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  5. #34
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    Japanese Yen erase earlier losses against the US dollar in the middle of the Asian session and trade has not changed in over 119 positions as traders gone past the gloomy macro data Japan and now await the US GDP figures.

    Currently, the pair USD / JPY is trading flat at 119.20 level, bouncing off a new session highs at 119.41 level recorded in the previous session. USD / JPY erased earlier gains and trading muted, forming a small doji on the daily chart as traders digested the weak Japanese CPI and retail sales led to the decline and are now looking for new incentives from the next session.

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  6. #35
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    Japan economist at Nomura, share that core inflation rate risk across-Japan fell into negative territory. Whole-Japanese Core CPI (the general index excluding fresh food) was + 2.0% per year in February, slightly below consensus estimates + 2.1%. Index fell 0,2ppt per month, continuing a relatively rapid rate of decline after slumping 0,3ppt per month in January

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  7. #36
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    USD / JPY is simply flat at 120.14 level, after a day at the highest print 120.36 daily low at 120.03. USD / JPY consolidates gains from the previous session after the release of the US economy over the estimate surprised markets on the positive side and push the USD bulls overall.

    This pair erase earlier gains and remained muted as the market use for profit taking on their USD long position after the recent rise. Also, weak treasury yield on 10-year and 2-year-old failed to support the greenback, pushing the USD / JPY lower.

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  8. #37
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    USD / JPY has sold off sharply in a matter of minutes, the lowest set at 119.40, after failing to hold above 120.00 during the session on Tuesday.

    Series Tankan / Japanese capital spending misses seeing the response directly in Japanese stocks fell, with the Nikkei down 1.17% today, and the SP 500 futures are also heavy, down more than 1%, although the volume is now reported to be very weak. One potential catalyst for the acid environment in Asia today could also be a risk no nuclear deal with Iran. As reported by Bloomberg, the world powers warned Iran that they are ready to stop the nuclear talks on Wednesday even if there is no agreement, according to participants, due to approaching deadlines cause brinkmanship on both sides

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  9. #38
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    [lang=ar]after the pair has reached to the levels of 119.70 and we thought that it will proceed its downward direction . but suddenly we find the pair trading now around 120.40 the very strong support area . but the expectation of down is existing and possible too[/lang]

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  10. #39
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    the USD / JPY may continue to be sold, with the next support at 119.29. Although a closer look beyond the headlines Tankan showed that inflation expectations have not been ratcheted higher but the broader dynamics of the dollar can dominate in the near future, namely, investors can continue to diminish the increase in USD-JPY to the nearest significant waypoint is expected in the 55-day (119, 29)

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  11. #40
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    USD / JPY fell sharply and briefly dropped below the level of 119.00 after US nonfarm payrolls report reported fumble short of expectations. USD / JPY fell sharply and print a 1-week lows at 118.89 immediately after the data, although it has restored some strengthening in the next minute. At the time of writing, the pair is trading at 119.00 area, recorded a decrease of 0.59%

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