USDJPY Completes Wave-4 and Prepares for Wave-5 Breakout

Chart | Calendar   | TRADE NOW | USDJPY

USDJPY Completes Wave-4 and Prepares for Wave-5 Breakout

BUZ INVESTORS USDJPY Completes Wave-4 This morning, at 09:40 GMT, the US Dollar is trading at 111.78 against the Yen, 0.3% higher from the New York close

USDJPY

BUZ INVESTORS  USDJPY Completes Wave-4  This morning, at 09:40 GMT, the US Dollar is trading at 111.78 against the Yen, 0.3% higher from the New York close. Overnight data indicated that Japan’s final Nikkei manufacturing PMI advanced slightly less than initially estimated in April. During the session, the pair traded at a high of 111.91 and a low of 111.21. On Friday, the US Dollar traded 0.11% lower against the Yen in the New York session and ended at 111.45. The pair is expected to its find support at 111.36 and its first resistance at 112.06.



USDJPY Completes Wave-4

READ  USDJPY Higher Midday Monday July 24
READ  USDJPY Yen Trading at 116, US Employment Numbers Next
READ  USDJPY Yen Soars After Weak US Report

>>>TRADE NOW<<<

Japanese Yen| Data | Chart | Calendar | Forecast | News

The USDJPY increased 0.2100 or 0.19% to 111.4800 on Monday May 1 from 111.2700 in the previous trading session. Historically, the Japanese Yen reached an all time high of 306.84 in December of 1975 and a record low of 75.74 in October of 2011.

The USD/JPY is building a potential wave 4 (brown) correction which is moving sideways and staying above the 23.6% Fibonacci retracement level. A bullish break could see a continuation of a bullish 5th wave

The USD/JPY is building a contracting triangle (red/green) chart pattern. A break below the support trend line (green) could see a larger retracement unfold towards the Fib levels of wave 4 (brown) whereas a break above resistance (red) could see a bullish breakout develop within wave 5.

READ MORE

The USDJPY spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the JPY. While the USDJPY spot exchange rate is quoted and exchanged in the same day, the USDJPY forward rate is quoted today but for delivery and payment on a specific future date. This page provides – Japanese Yen – actual values, historical data, forecast, chart, statistics, economic calendar and news. Japanese Yen – actual data, historical chart and calendar of releases – was last updated on May of 2017.
Japan Markets Last Previous Highest Lowest Unit
Currency 111.48 111.24 306.84 75.74 [+]
Stock Market 19310.52 19196.74 38915.87 85.25 points [+]
Government Bond 10Y 0.01 0.02 7.59 -0.29 percent [+]
30 Year Bond Yield 0.78 0.80 3.13 0.04 percent [+]
2 Year Note Yield -0.18 -0.19 0.25 -0.36 percent [+]
5 Year Note Yield -0.16 -0.14 8.58 -0.37 percent [+]

Like up on FACEBOOK


Ebates Coupons and Cash Back



major currencies: (EUR-USD) (USD-JPY) (USD-GBP) (USD-CHF), (USD-CAD), (AUD-USD) (USDCNY)




USDJPY Weekly outlook for may 1-5

Chart | Calendar   | TRADE NOW | USDJPY USDJPY Weekly outlook for may 1-5 BUZ INVESTORS USDJPY WEEKLY OUTLOOK  USDJPY Recent Moves  The yen reversed directions last week and posted slight losses.

USDJPY Yen Remaining Under Pressure

USDJPY Yen Remaining Under Pressure USDJPY BUZ INVESTORS  Yen Remaining Under Pressure This morning, at 09:40 GMT, the US Dollar is trading at 111.45 against the Yen, 0.19% higher from the New York close.

USDJPY Yen Flat as BoJ Shows Cautious Optimism

USDJPY Yen Flat as BoJ Shows Cautious Optimism USDJPY BUZ INVESTORS  USDJPY Yen Flat This morning, at 09:40 GMT, the US Dollar is trading at 111.29 against the Yen, 0.17% higher from the New York close.

Click here for reuse options!
Copyright 2017 Investors Buz

Jadtecnic

Richard Dambrosi (JADTECNIC) Has Been Sharing FOREX INVESTORS ANALYSIS FORECAST since 2011. Editors and Founder of InvestorsBuz.com, has a passion for Forex Social Sharing analysis and Market Trends Such as Self Driving Cars, Electric Cars, Medical Marijuana, 3d printing and Cloud computing, Refers to Readers as BUZ INVESTORS.

Leave a Reply

Create Account



Log In Your Account