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USD/JPY Breaks Above Channel Resistance; Trades at May High - Int'l Business Times
Why limit the outlook to 81.78 for now? Let's assume that USD/JPY is neither bullish nor bearish but entering another sideways market, with resistance at 84.15 and support at 79.40. In a range bound market, the short-term bullish attempt from ...
Posted Date: 2012-05-16T17:26:16Z

Forex: USD/JPY test 79.00 as stocks sunk - FXStreet.com
FXstreet.com (Buenos Aires)- USD/JPY fell to 79.02 so far, trading right below the 79.12 previous weekly high as stocks in the US sunk on Facebook IPO delays. Stocks are finally out, with 82 million shares changing hands in the first 30 seconds, with price ...
Posted Date: 2012-05-18T15:43:41Z

USD/JPY Falling Sharply From Range Resistance and BoJ Chatter - International Business Times
According to ForexLive's Adam Button, "...The yen is strengthening because they say the BOJ's next move will be some sort of Operation Twist rather than more outright bond buying. I'm not entirely sure what the BOJ would be thinking on that ...
Posted Date: 2012-05-17T15:23:24Z

USD/JPY Classical Technical Report 05.17 - DailyFx
USD/JPY:The market continues to consolidate around 80.00 and is in the process of looking for a medium-term higher low ahead of the next major upside extension back above the yearly highs at 84.20 and towards 90.00 further up. However, for the ...
Posted Date: 2012-05-17T07:09:28Z

USD Remains Overbought, JPY At Risk As Intervention Threats Resurface - DailyFx
Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) remains 0.24 percent lower from the open, we’re maintaining our bullish outlook for the greenback as it maintains the upward trending channel from earlier this month. As the 30 ...
Posted Date: 2012-05-17T18:50:59Z

Weak Dollar Slammed USD/JPY Under 80 Again - International Business Times
On Thursday Dollar/Yen decreased significantly with almost 130 pips. The currency couple depreciated from 80.40 to 79.12 yesterday, matching the negative money flow sentiment at around -18%, closing the day at 79.25. This morning the Dollar is ...
Posted Date: 2012-05-18T09:38:37Z

Forex: USD-JPY Capped By Ichimoku Fast Line Eyes 200-Day Moving Average at 78.48 - ForexTV.com
USD-JPY rallied above its daily trading channel briefly on Wednesday but then plunged back into the channel in Thursday's session. The pair also broke below the 61.8% (79.14) fibonocci support (from the February 2 low). Indications from the technical ...
Posted Date: 2012-05-18T07:58:24Z

Is There A Sell Off Coming For The Yen? - Seekingalpha.com
For weeks the euro has been sold against the USD as well as other currencies. The perceived safety of the mature Japanese economy and the yen has made that destination a safe haven for the nervous holders of cash, or other currencies vs. a low of 83.30 ...
Posted Date: 2012-05-16T19:20:48Z

No signs of a bounce after USD/JPY breakdown - forexlive.com
USD/JPY has been doing its regular 25-pip shuffle since the 1-cent drop yesterday — no bounce, no retracement. The Japanese finance minister jawboned more strongly after the move but the inability to mount any sort of recovery suggests the ...
Posted Date: 2012-05-18T13:27:41Z

USD/JPY weighed by Bank of Japan chatter - forexlive.com
A think-tank report is floating around that says the Bank of Japan is likely to keep policy unchanged at next week’s meeting and that policymakers will be eying Europe and the Fed to to determine their next move. The yen is strengthening ...
Posted Date: 2012-05-17T13:28:52Z