The most active trading sessions for the USD/JPY take place in Tokyo, London and New York. Day traders look mostly to the London and New York sessions but those trading wishing to trade on the Asian markets can do so between 2400 GMT - 0900 GMT.
USD/JPY has traditionally been the most politically sensitive currency pair, with successive U.S. governments using the exchange rate as a lever in trade negotiations with Japan. For day-to-day trading, the most significant feature of USD/JPY is the heavy influence exerted by Japanese institutional investors and asset managers.
The USD/JPY has recently dipped below 101.00. Read the Daily Forex USD to Japanese Yen forecast and get access to the most up-to-date statistics, analyses and economic events regarding the USD/JPY.
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This has been one of the most explosive markets in the Forex world over the last couple of months. November was an absolute monster of a month, as we essentially gained 14 handles. That’s an incredible move, and it shows that there is real bullish pressure in this marketplace.
The USD/JPY pair fell during the last week of August, but found quite a bit of buying pressure just below the 105 level.
The USD/JPY pair has been very negative of the last several weeks, and it appears that the market has finally found an area where it could try to stabilize.
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The USD/JPY pair has fallen quite a bit during the first part of the year, but quite frankly we are starting to reach fairly significant areas of support.
Stay up to date for the trading year ahead with our Forex forecast for the USD/JPY pair.
The USD/JPY pair continues to grind sideways overall as the 118.50 level has offered significant support.
The USD/JPY pair did almost nothing during the month of October, as we continue to be attracted to the 120 handle. Get our November 2015 monthly forecast for the USD/JPY pair here.
The USD/JPY pair has done almost nothing for quite a bit of time, as we continue to focus on the 120 handle. That being said, I believe that the market will eventually go higher, as the market has simply been hanging about this area.
The USD/JPY pair has been in a nice uptrend for quite some time now. We did have quite a bit of volatility during the month of August, and as you can see the last weekly candle for the month of August featured a massive selloff down to the 116 level.
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The USD/JPY pair has been very positive over the last several months, and as a result I am still bullish of this market. However, June has seen a little bit of a stumble near the 125 handle. That makes sense though, as it is a large, round, psychologically significant number.
The USD/JPY pair broke out of a significant ascending triangle during the course of the last couple of weeks, so I think that the next leg higher is on tap.
Get the USD/JPY forecast for the month of March 2015 here.
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The USD/JPY pair had a massive move higher during the course of the back half of 2014, probably more so than acceptable.
The USD/JPY pair has been astronomically parabolic recently, as the US dollar has just screamed higher in value.