The Japanese Yen is expected to trade at 114.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 118.00 in 12 months time.

USDJPY Forecast July 24-28 2017

CURRENCY INVESTORS USDJPY Forecast

The Japanese Yen is expected to trade at 114.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 118.00 in 12 months time.

USDJPY Forecast The US dollar fell significantly during the Friday session against the Japanese yen, slicing below the 111.50 level. Because of this, the market then fell towards the 111 handle, which of course has a certain amount of psychological significance. However, I believe that the real support is probably closer to the 110 handle, so rallies of this point in time should be and I selling opportunity. The 110 level will be massively supportive as it is a large, round, psychologically significant number, but given enough time I think that we do need to test the that area first. This pair does tend to be somewhat risk sensitive, but I think a lot of this comes down to what the Federal Reserve is doing.



USDJPY Forecast

Federal Reserve expectations

From traders around the world, they are starting to expect the Federal Reserve to be very slow to raise interest rates. Janet Yellen does a lot to boost that case as she spoke in front of Congress recently, suggesting that perhaps things would be data dependent yet again, but if the Federal Reserve looks likely to hike rates just as quickly as once thought, that will turn this market around completely. It looks to me as if the 110 level is an excellent area to find support, so I would anticipate a bit of bullish pressure in that area, and that will be supercharged by any statements coming out of her or major players coming out of the Federal Reserve. I think that the market is probably going to be bearish for the next several sessions, but the downward pressure is probably somewhat limited as far as where it can go. If we break down below the 109 level, then I think we fall apart completely.

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



USDJPY Yen Steady Ahead of US Housing, Manufacturing Reports

USDJPY Closed Down Friday July 21

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

CURRENCY INVESTORS USDJPY Closed  The USDJPY decreased 0.7600 or 0.68% to 111.1300 on Friday July 21 from 111.8900 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.



USDJPY Closed

Japanese Yen

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 July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
111.13 111.88 306.84 75.74 1972 – 2017 Daily

 

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



USDJPY Yen Steady Ahead of US Housing, Manufacturing Reports

USDJPY Japanese Yen Dropping Midday Friday July 21

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

CURRENCY INVESTORS  Japanese Yen Dropping  The USDJPY decreased 0.7200 or 0.64% to 111.1700 on Friday July 21 from 111.8900 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.

Although the greenback has fallen again after brief bounce above 112.00 level and downside risk remains for recent decline from 114.50 top to extend weakness to 111.20-25, however, reckon 110.90-00 would hold from here due to near term oversold condition, bring rebound later.

In view of this, would not chase this fall here and would be prudent to stand aside in the meantime. Above the Kijun-Sen (now at 111.81) would suggest an intra-day low is possibly formed but break of resistance at 112.08 is needed to signal low is formed, bring a stronger rebound to indicated resistance at 112.42 next.



 Japanese Yen Dropping

Japanese Yen

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 July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
111.17 111.88 306.84 75.74 1972 – 2017 Daily

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USDJPY Yen Steady Ahead of US Housing, Manufacturing Reports

USDJPY Japanese Yen First Look Higher Friday July 21

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

COMMODITY INVESTORS Japanese Yen First Look The USDJPY increased 0.1950 or 0.17% to 112.0550 on Friday July 21 from 111.8600 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.



Japanese Yen First Look

Japanese Yen

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 July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
112.06 111.88 306.84 75.74 1972 – 2017 Daily

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



USDJPY Japanese Yen Midday Drop Thursday July 20

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

CURRENCY INVESTORS Japanese Yen Midday The USDJPY decreased 0.4200 or 0.38% to 111.5300 on Thursday July 20 from 111.9500 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.



Japanese Yen Midday 

Japanese Yen

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 July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
111.53 111.82 306.84 75.74 1972 – 2017 Daily

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USDJPY Yen Steady Ahead of US Housing, Manufacturing Reports

USDJPY Midday Outlook Rose on Monday July 17

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

FOREX INVESTORS BUZZ  USDJPY Midday Outlook  The USDJPY increased 0.2800 or 0.25% to 112.7550 on Monday July 17 from 112.4750 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.



USDJPY Midday Outlook

Japanese Yen

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 July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
112.76 111.06 306.84 75.74 1972 – 2017 Daily

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USDJPY Yen Steady Ahead of US Housing, Manufacturing Reports

USDJPY Rose First Look on Monday July 17

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

FOREX INVESTORS BUZZ  USDJPY Rose First Look The USDJPY increased 1.4200 or 1.28% to 112.4800 on Monday July 17 from 111.0600 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.

Although the greenback has risen again and broke above resistance at 113.69 and initial upside risk remains for recent upmove to extend gain to 114.00, loss of momentum should prevent sharp move beyond 114.25-30 and reckon 114.50-55 would hold from here, risk from there has increased for a retreat to take place later.

In view of this, would not chase this rise here and would be prudent to stand aside in the meantime. Below the Kijun-Sen (now at 113.49) would bring pullback to 113.10-15 but only break of support at 112.74-88 would signal top is formed, bring correction of recent rise to 112.60, then 112.40.



 USDJPY Rose First Look

Japanese Yen

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 July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
112.48 111.06 306.84 75.74 1972 – 2017 Daily

 

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USDJPY Yen Steady Ahead of US Housing, Manufacturing Reports

FOREX INVESTORS BUZZ USDJPY Weekly Outlook July 16

FOREX INVESTORS BUZZ USDJPY Weekly Outlook July 16

FOREX INVESTORS BUZZ USDJPY Weekly Outlook July 16  USDJPY edged higher to 114.49 last week but failed to sustain above 114.36 resistance and reversed. The rejection from 114.49 argues that rise from 108.81 is completed. And, the whole correction from 118.65 is possibly still in progress. Initial bias stays on the downside this week for 55 day EMA (now at 112.01). Sustained break will pave the way to 108.12 and below. On the upside, above 113.57 minor resistance will turn focus back to 114.49 resistance instead.

In the bigger picture, the corrective structure of the fall from 118.65 suggests that rise from 98.97 is not completed yet. Break of 118.65 will target a test on 125.85 high. At this point, it’s uncertain whether rise from 98.97 is resuming the long term up trend from 75.56, or it’s a leg in the consolidation from 125.85. Hence, we’ll be cautious on topping as it approaches 125.85. If fall from 118.65 extends lower, down side should be contained by 61.8% retracement of 98.97 to 118.65 at 106.48 and bring rebound.



USDJPY Weekly Outlook July 16

 

In the long term picture, the rise from 75.56 long term bottom to 125.85 top is viewed as an impulsive move. Price actions from 125.85 are seen as a corrective move which could still extend. But, up trend from 75.56 is expected to resume at a later stage for above 135.20/147.68 resistance zone.Like up on FACEBOOK


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USDJPY Yen Steady Ahead of US Housing, Manufacturing Reports

USDJPY Closed LOWER 2.2100 on Friday July 14

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

FOREX INVESTORS BUZZ   USDJPY Closed LOWER  The USDJPY decreased 2.2100 or 1.95% to 111.0600 on Friday July 14 from 113.2700 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.

USD/JPY remain neutral with focus on 112.88 support. Firm break of 112.88 will argue that rebound from 108.81 has completed at 114.49 after being rejected by 114.36 key near term resistance. That would also argue that the correction from 118.65 is still in progress. In such case, intraday bias will be turned back to the downside for 55 day EMA (now at 111.98). On the upside, decisive break of 114.36 resistance will confirm that corrective pull back from 118.65 has completed at 108.12. In that case, further rally would be seen to retest 118.65.

In the bigger picture, the corrective structure of the fall from 118.65 suggests that rise from 98.97 is not completed yet. Break of 118.65 will target a test on 125.85 high. At this point, it’s uncertain whether rise from 98.97 is resuming the long term up trend from 75.56, or it’s a leg in the consolidation from 125.85. Hence, we’ll be cautious on topping as it approaches 125.85.



USDJPY Closed LOWER

Japanese Yen

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 July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
111.06 113.44 306.84 75.74 1972 – 2017 Daily

 

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