JPY=X - USD/JPY
| Previous close | 112.557 |
| Open | 112.557 |
| Bid | 113.479 |
| Day's range | 112.48 - 113.57 |
| 52-week range | 101.206 - 118.647 |
| Ask | 113.549 |
- FX Empire•5 hours ago
Weekly Forex Technical Analysis, Oct 23 – Oct 27, 2017
The US Dollar closed the previous week slightly higher on Fed members’ comments and hawkish sentiment. Currently, investors had priced in a roughly 91.7 percent probability of a rate increase in December. In the week ahead, investors will closely watch: UK Q3 Growth Domestic Product on Wednesday at 9:30 GMT Bank of Canada Rate Decision on Wednesday at 15:00 GMT … Continue reading Weekly Forex Technical Analysis, Oct 23 – Oct 27, 2017
- FX Empire•8 hours ago
Rising Yields, Upbeat Yellen Give U.S. Dollar Boost Last Week
Last week’s price action by the U.S. Dollar was dominated by Fed member comments and political events. At the end of the week, December U.S. Dollar Index futures settled at 93.579, up 0.644 or +0.69%. The week started with Fed Chair Janet Yellen saying on October that the American economy was in good health in … Continue reading Rising Yields, Upbeat Yellen Give U.S. Dollar Boost Last Week
FX Empire•yesterdayUSD/JPY forecast for the week of October 23, 2017, Technical Analysis
The USD/JPY pair rallied during the week, using the 112 level as a bit of a springboard. As it looks like we are going to how hawkish Federal Reserve Chairman going forward, the US dollar has rallied significantly. One would expect the market to go back towards the top of the recent consolidation area, which … Continue reading USD/JPY forecast for the week of October 23, 2017, Technical Analysis
- FX Empire•2 days ago
Market Snapshot – Markets Set to Continue Higher
Spain Continues to Cast Shadow The European stock markets opened on a bright note as the news of the tax reform bill being passed in the US helped to support the dollar and push it higher during the course of today. This also led to the belief that more goodies are in store for the … Continue reading Market Snapshot – Markets Set to Continue Higher
- FX Empire•2 days ago
Good trading setups for the end of the week
EURJPY defended the 131.9 support (green) and from that point, the upswing has started. The price went significantly higher, breaking the upper line of the pennant and then later, successfully testing it as a support. Buy signal is on and the first aim is the highs from the September. WTI Oil is in the long-term … Continue reading Good trading setups for the end of the week
- FX Empire•2 days ago
Forex Trading Signals – October 20, 2017
These are the Friday’s Daily Trading Signals and here’s how the technical studies line up with the interbank sentiment at 8 AM GMT. Most of the hourly studies are pointing South for the Euro/Dollar. Mid term outlook is neutral and long term brings mixed results. Interbank sentiment is bullish at 17% long. Pound/Dollar has an … Continue reading Forex Trading Signals – October 20, 2017
- FX Empire•2 days ago
Friday Support and Resistance Levels – October 20, 2017
Good morning traders, the team is here with this week’s last Support and Resistance Level Report. Euro/Dollar has lost some ground and now stands below R1 of 1 1830 and above S1 of 1 18. The lowest resistance line has found 5 matches, and Bollinger Upper Band is among the 3 models for R2. R3 … Continue reading Friday Support and Resistance Levels – October 20, 2017
- FX Empire•2 days ago
EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – October 20, 2017
EUR/USD Initially, the market went in sideways direction during the Thursday’s session but later fell downward. The market at the 1.18 level offers a good support base extending towards the 1.19 level. The pair rallied upwards and continues to find good buying opportunities. The market is expected to rally towards the psychologically important 1.20 level … Continue reading EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – October 20, 2017
- FX Empire•2 days ago
With Abe Looking Set to Take the Weekend Election in Japan, Focus Remains on the Dollar and the Effects of Spain on the EUR
Earlier in the Day: There were no material stats released through the Asian session today, as the markets struggle with a number of driving forces through the week. On Thursday, we saw the Kiwi Dollar slump 1.71% in response to NZ First’s decision to side with Labour in a coalition government, with further declines being … Continue reading With Abe Looking Set to Take the Weekend Election in Japan, Focus Remains on the Dollar and the Effects of Spain on the EUR
- Investing.com•3 days ago
Euro Hits 1-Week High, New Zealand Dollar Skids
Investing.com - The euro rose to one-week highs on Thursday as investors shrugged off political uncertainty in Spain ahead of next week’s European Central Bank meeting, while the New Zealand dollar skidded to the lowest levels in five months.
- FX Empire•3 days ago
Midday Forex Snapshot – October 19, 2017
Euro/Dollar hit the low of 1 1768 shortly after 8 AM, but the following rise puts the pair point 34% in the green. Turnover is low and sentiment of the traders is neutral, short positions are up by 2%. Decline provided bears with their chances, but the following rise was good news for bulls. Pound/Dollar … Continue reading Midday Forex Snapshot – October 19, 2017
- FX Empire•3 days ago
Euro Range Wide and Varied
The Euro has essentially been range trading this week but has shown signs of buying potential as it has put in gains since yesterday. ECB President Draghi may have helped the Euro with his comments yesterday in Frankfurt at the ECB conference. Technically Driven Trading Short Term The Euro continues to put in a rather … Continue reading Euro Range Wide and Varied
- FX Empire•3 days ago
Forex Trading Signals – October 19, 2017
Find out how the interbank compares with the technicals at 8 AM GMT. These are the Main Daily Trading Signals. Euro/Dollar’s hourly chart is divided between red and neutral models. The mid-term sees 5 bullish signals, and the long-term is mostly neutral. Bullish at more than 15% long, the interbank confirms the 4-hour models. The … Continue reading Forex Trading Signals – October 19, 2017
- FX Empire•3 days ago
Bank of England Faces Conundrum, Pound Trades Lower
On Wednesday, data released by the UK Office for National Statistics (ONS) showed average weekly earnings (excluding bonuses) rose 2.1% in August – slightly higher than the 2% forecast. However, in real terms, due to higher inflation, they fell 0.4% on the year before. The swaps market is expecting an 80% chance of a rate … Continue reading Bank of England Faces Conundrum, Pound Trades Lower
- FX Empire•3 days ago
Daily Market Forecast, October 19, 2017 – EUR/USD, Gold, Crude Oil, USD/JPY, GBP/USD
The Euro has gained moderately against the U.S Dollar. Spain may be in focus for Euro traders today. Gold has continued to lose some ground as global equities have kept their bullish rallies moving forward. EUR/USD: Euro Ebbs Higher The Euro remains near the 1.18 level against the U.S Dollar. Political circumstances in Spain are … Continue reading Daily Market Forecast, October 19, 2017 – EUR/USD, Gold, Crude Oil, USD/JPY, GBP/USD
- FX Empire•3 days ago
EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – October 19, 2017
EUR/USD The pair has been trading higher on the back of dollar weakness and also due to the fact that the tapering of the QE is something that is still very much on the horizon. The pair seems to be caught in a large range and hence the move higher has to be viewed as … Continue reading EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – October 19, 2017
- FX Empire•3 days ago
Thursday Support and Resistance Levels – October 19, 2017
Hello traders, the team is here with Thursday’s Support and Resistance Level Report. Euro/Dollar has been trending higher and now stands between R1 of 1 1820 and S1 of 1 1790. The lowest resistance line has found 6 matches, and R2 is a 50 day moving average with 5 confirmations. Bollinger Upper Band is among … Continue reading Thursday Support and Resistance Levels – October 19, 2017
- FX Empire•4 days ago
Midday Forex Snapshot – October 18, 2017
Euro/Dollar was moving South during most of the session, but some of the loss has been recovered in a late rise. Traded volume is extremely low and neutral sentiment of the traders is almost at an even balance. Bears had their chances during the downtrend, but the late rise was good news for bulls. Either … Continue reading Midday Forex Snapshot – October 18, 2017
- FX Empire•4 days ago
EURJPY and USDCAD still wait for the breakout (and a trading signal…)
Speculations about John Taylor possibly being the next FED chairman help the USD to gain some strength. It can be especially seen in the Dollar Index, which bounced from the 92.75 support using a double bottom pattern and started forming the right shoulder of the iH&S pattern. There is no buy signal yet but the … Continue reading EURJPY and USDCAD still wait for the breakout (and a trading signal…)
- FX Empire•4 days ago
The Pound’s Fate Depends on Politicians
The Pound is doing well so far, but the third week of October may change a lot for the British currency. We’re talking not only about the statistical reports, a lot of which are going to be published this week. It’s also about the problems that are in slumber right now but may wake up … Continue reading The Pound’s Fate Depends on Politicians
- FX Empire•4 days ago
Forex Trading Signals – October 18, 2017
These are the Main Daily Trading Signals for Wednesday. Here’s how the technicals compare with the interbank at 8 AM GMT. Euro/Dollar sees 4 sell prompts on both its 1 and 4-hour charts, whereas the 24-hour scale turns neutral with 5 models, but the technicals are not confirmed by the interbank, which is bullish at … Continue reading Forex Trading Signals – October 18, 2017
- FX Empire•4 days ago
Global Stocks Rise, Dow Jones Reaching New Record Levels
Bank of England Governor Mark Carney sparked the Pound lower yesterday. ECB President Mario Draghi will be speaking today. The China National Congress began this morning. President Trump continues to talk tax reform. Trump Offers Christmas Gift, Dow Jones Industrials Near 23,000 Tax reform remained a focal point via the White House on Tuesday, as … Continue reading Global Stocks Rise, Dow Jones Reaching New Record Levels
- FX Empire•4 days ago
Daily Market Forecast, October 18, 2017 – EUR/USD, Gold, Crude Oil, USD/JPY, GBP/USD
The Pound fell on Tuesday as remarks from Bank of England Governor Mark Carny affected the currency. The Euro has come off of lows but remains within its lower values. Gold has seen some buying early this morning. GBP/USD: Pound May Attract Speculators Bank of England Governor Mark Carney helped bring about a loss in … Continue reading Daily Market Forecast, October 18, 2017 – EUR/USD, Gold, Crude Oil, USD/JPY, GBP/USD
- FX Empire•4 days ago
Wednesday Support and Resistance Levels – October 18, 2017
Good morning, traders, the team brings you another Support and Resistance Level Report. Euro/Dollar currently has the closest levels of 1 1790 in resistance and 1 1750 in support. Standing near a 20 day moving average, R1 has found 7 matches, and R2 is a 50 day moving average with 4 models. Bollinger Upper Band … Continue reading Wednesday Support and Resistance Levels – October 18, 2017
- FX Empire•4 days ago
UK Inflation at 5-Year High, Pound Falls on Carney’s Comments
The likelihood of a rise in UK interest rates, for the first time in a decade, gained momentum on Tuesday as UK CPI edged up from 2.9% to 3.0% – its highest level since April 2012. Bank of England Governor Mark Carney did nothing to dispel a rate hike as he gave evidence to the UK Treasury … Continue reading UK Inflation at 5-Year High, Pound Falls on Carney’s Comments
