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usd/jpy Technicals

Monday, 05 January 2009 14:11:50 GMT

Yen Technical Outlook

By Jamie Saettele, Senior Currency Strategist

usd/jpy Fundamentals

Saturday, 03 January 2009 18:53:29 GMT

Japanese Yen To Gain As Seasonal Capital Flows Reverse

By Ilya Spivak, Currency Analyst
Central Bank Interest
Central Bank Calendar
EURJPYGBPAUDCADNZDCHF  

Japanese Yen (JPY)

 ico-clock Current Time - Tokyo: 1:19 PM | EST: 11:19 PM | GMT: 4:19 AM


SENTIMENT AND POSITIONING
SSI Positioning

USD/JPY ratio: 1.02
Trading Forecast: Bearish


Full Article
COT Positioning

JPY:  Bottoms in the USDJPY occur when speculators are extremely long the JPY (short USDJPY), which is not yet the case.  


Full Article
FUNDAMENTALS — THIS WEEKS ECONOMIC RELEASES
Most Recent Economic Releases Forecast Previous
JPY Vehicle Sales (YoY) (DEC) -27.3%
JPY Loans & Discounts Corp (YoY) (NOV) 2.3%
JPY Monetary Base (YoY) (DEC) 1.9%
JPY Foreign Buying Japan Stocks (Yen) (DEC 26)
JPY Foreign Buying Japan Bonds (Yen) (DEC 26)
JPY Japan Buying Foreign Stocks (Yen) (DEC 26)
JPY Japan Buying Foreign Bonds (Yen) (DEC 26)
JPY Official Reserve Assets (DEC)


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Technicals - Support and Resistance for JPY
Support and Resistance Levels Interest Rate Outlook
Key Levels Strength Comments Timeframe Target
R4 97.44 High 11/25 High Benchmark 0.10
R3 95.00 Medium Psychological Level
R2 93.99 High 50-Day SMA 1 Week 0.751
R1 93.04 Medium 12/10 High 1 Month 0.836
S1 90.67 High 20-Day SMA 3 Month 0.889
S2 90.00 Weak Psychological Support 6 Month 1.004
S3 87.75 High 8/31/95 Low 9 Month 1.049
S4 87.15 High 12/17 Low 1 Year 1.095
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FROM THE CENTRAL BANK
  Central Bank: Bank of Japan
  Current Bias: Neutral
  Current Interest Rate: 0.10%
  Last Change: 12/19/08 cut 20bp
  Next Meeting: 01/21/2009 More Dates
Latest Bank of Japan Interest Rate Outlook

 

Central Bank Governor:  Masaaki Shirakawa 
Current Voting Members:  Kohiko G.Nishimura, Miyako Suda, Atsushi  Mizuno, Toshiro Muto, Tadao Noda, Seiji Nakamura , Hidetoshi Kamezaki, Kazumasa Iwata.