USD Finds Buyers Against the Japanese Yen
As long as we stay above the ¥132.50 level, not much is changed, and it looks bullish. The US dollar initially fell […]
US Dollar Takes Off Against Japanese Yen
This is a market that has been noisy, but reliably positive. The USD/JPY currency pair rallied significantly Friday to break above the ¥135 […]
US Dollar Plunges Against Japanese Yen
I think you have a lot of noise ahead of you, so you are going to need to be very cautious with […]
USD Trades in Channel Against Yen
I will be looking for this market to show signs of a bounce, and then will get long again. The USD/JPY pair […]
USD Recovers Against Japanese Yen
The market has been very positive for quite some time, so a little bit of a significant pullback could be a healthy […]
USD Pulls Back Against Japanese Yen
The market continues to be a “buy on the depth” scenario, and we need to play it as such. The US dollar […]
CAD Whipsaws Against Japanese Yen
Keep in mind that the crude oil markets have a major influence on this currency pair as the Canadian dollar is a proxy for that market […]
Canadian Dollar Bounces Against Yen
It certainly looks as if we are going to go higher than lower. The Canadian dollar initially fell on Wednesday to reach […]
Price of Japanese Yen Still Low
Despite three trading sessions during which the price of the USD/JPY pair was subjected to selling operations, it moved towards the 134.75 […]
Will the Yen Weaken to 140.00?
Despite the announcement of a stronger-than-expected contraction of the US economy, forex traders ignored the statement and continued to react to the […]
CAD/JPY Forecast: CAD Trounces Japanese Yen
Unless the Bank of Japan changes its overall attitude, it’s difficult to imagine that this market will break down with any real […]
CAD Pulls Back Against Japanese Yen
I will probably look at this in a day or two as value, but right now it looks like we still have […]
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