Usd/Jpy

[haseeboops126]

Main ye thread USD/JPY ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.

Weekly Analysis and Recommendation:
The USD/JPY returned to its downtrend to close the week at 99.22 once the FOMC meeting and press conference ended a week ago, although investors seemed more confused by Mr. Bernanke�s clarifications of the Fed policy. The USD was stuck for a while doing very little until midweek when strong US data showed a positive recovery and stoked fears that the Fed would taper soon than later giving the dollar a boost. Fundamentals in Japan were a bit better showing that the economic programs of the government and the Bank of Japan are working which might open the door for the BoJ to add more stimulus. Factories put in a surprisingly strong performance in May to post the sharpest growth since December 2011, official data showed Friday, the latest good news for Japan�s economy as the government works to breathe new life into the perpetual laggard.

The figures, which showed industrial production jumped 2.0 percent in May from a month earlier, come as Japan�s trade picture improves, with exports rising on booming business with the United States and China. Meanwhile, separate figures also published Friday painted a more mixed picture of an economy still struggling to reverse years of growth-crimping deflation. Consumer prices were flat in May, although a modest increase was seen in the metropolitan Tokyo area and the results were better than the fall in the previous month. The core consumer price index, excluding fresh foods, stood at 100.0 against the 2010 base of 100, the Internal Affairs and Communications Ministry reported. Separate data showed Japan�s average monthly household spending dropped an inflation-adjusted 1.6 percent from a year earlier to �282,366, posting the first decline in five month

Date

Last

Open

High

Low

Change %

Jun 28, 2013

99.22

98.50

99.45

98.47

0.73%

Jun 27, 2013

98.50

97.64

98.61

97.56

0.87%

Jun 26, 2013

97.66

98.17

98.17

97.25

-0.52%

Jun 25, 2013

98.17

97.62

98.23

96.97

0.55%

Jun 24, 2013

97.62

98.39

98.70

97.22

-0.78%



FxEmpire provides in-depth analysis for each currency and commodity we review. Fundamental analysis is provided in three components. We provide a detailed monthly analysis and forecast at the beginning of each month. Then we provide more recent analysis and information in our weekly reports and we provide daily updates and outlooks.

Major Economic Events for the week of June 24 � 28 actual v. forecast for Yen, the Aussie, the Kiwi and USD

Date

Currency

Event

Actual

Forecast

Previous

Jun. 25

USD

Core Durable Goods Orders (MoM)

0.7%

-0.1%

1.7%



USD

Durable Goods Orders (MoM)

3.6%

3.0%

3.6%



USD

House Price Index (YoY)

7.4%


7.2%



USD

CB Consumer Confidence

81.4

75.4

74.3



USD

New Home Sales

476K

462K

466K



USD

New Home Sales (MoM)

2.1%

1.3%

3.3%

Jun. 26

USD

GDP Price Index (QoQ)

1.3%

1.1%

1.2%



USD

GDP (QoQ)

1.8%

2.4%

2.4%



NZD

Trade Balance

71M

400M

174M

Jun. 27

USD

Core PCE Price Index (MoM)

0.1%

0.1%

0.0%



USD

Personal Spending (MoM)

0.3%

0.3%

-0.3%



USD

Initial Jobless Claims

346K

345K

355K



USD

Continuing Jobless Claims

2965K

2950K

2966K



USD

Pending Home Sales (MoM)

6.7%

1.0%

-0.5%



NZD

Building Consents (MoM)

1.3%

-3.9%

21.0%

Jun. 28

JPY

Tokyo Core CPI (YoY)

0.2%

0.2%

0.1%



JPY

Tokyo CPI (YoY)

0.0%

0.1%

-0.2%



JPY

Industrial Production (MoM)

2.0%

0.2%

0.9%



JPY

Retail Sales (YoY)

0.8%

0.1%

-0.2%



USD

Chicago PMI

51.6

56.0

58.7



USD

Michigan Consumer Sentiment

84.1

82.8

82.7

Historical: From 2010 to present

Highest: 103.73 on May 22, 2013

Average: 82.77 over this period

Lowest: 75.58 on Oct 31, 2011



Economic Highlights of the coming week that affect the AUD, JPY, NZD and USD

Date

Time

Currency

Event

Forecast

Previous

Jul. 01

00:50

JPY

Tankan Large Manufacturers Index

3

-8



00:50

JPY

Tankan Large Non-Manufacturers Diffusion Index

14.0

9.0



00:50

JPY

Tankan Small Non-Manufacturing Index

-6.0

-8.0



00:50

JPY

Tankan Small Manufacturing Index

-13.0

-19.0



02:00

CNY

Chinese Manufacturing PMI

50.00

50.80



02:45

CNY

Chinese HSBC Manufacturing PMI


48.3



15:00

USD

ISM Manufacturing Index

50.5

49.0

Jul. 02

05:30

AUD

Interest Rate Decision

2.75%

2.75%

Jul. 03

02:30

AUD

Retail Sales (MoM)

0.3%

0.2%



02:30

AUD

Trade Balance

-0.05B

0.03B



13:15

USD

ADP Nonfarm Employment Change

153K

135K



13:30

USD

Trade Balance

-40.0B

-40.3B



15:00

USD

ISM Non-Manufacturing Index

54.0

53.7

Jul. 04

02:30

AUD

Building Approvals (MoM)

-1.5%

9.1%

Jul. 05

13:30

USD

Average Hourly Earnings (MoM)

0.2%




13:30

USD

Nonfarm Payrolls

167K

175K



13:30

USD

Average Weekly Hours

34.5

34.5



13:30

USD

Private Nonfarm Payrolls

180K

178K

---------- Post added at 12:58 PM ---------- Previous post was at 12:55 PM ----------

Main ye thread USD/JPY ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.

RTFX TraderTip is a forex report created by our Nostromo system, which presents all the technical indicators (resistance, support, channels, moving average, oscillator, projection, objectives, cycle, overbought or oversold area, etc�). It is generated for the following selected currencies pairs.

Nostromo will generate a daily, weekly and monthly commentary, giving the key entry and exit points as well as the risky points.

EUR � USD
USD � CHF
GBP � USD
USD � JPY
USD � CAD
NZD � USD
AUD � USD
EUR � JPY
EUR � CHF
EUR � GBP
EUR � CAD
EUR � NZD
EUR � AUD
GBP � CHF
GBP � JPY
GBP � CAD
GBP � AUD
CAD � JPY
NZD � JPY
AUD � JPY
XAG � USD
XAU � USD
Period: Daily Weekly Monthly
Scenario for today
Elliott extended impulse wave down 1.5136
Current fall is near an end of wave around 1.5157 zone, a rally should then procede to above 1.5270. Fall below 1.5105 would cancel this scenario.
Technical points
Key point 1.5196
Entry point 1.5203
Elliott 1.5477
Closing 1.5209
Projection 1.5179
Trendline 1.5258
Trendline 1.5213
Supports / Resistances
Res 2 1.5331
Ex-High 1.5279
Res 1 1.5270
Pivot 1.5218
Sup 1 1.5157
Ex-Low 1.5166
Sup 2 1.5105
Channels & Oscillator
1.52151.53891.52491.53560 %15 %50 %85 %

---------- Post added at 01:01 PM ---------- Previous post was at 12:58 PM ----------

Main ye thread USD/JPY ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.

Key point 99.5800
Entry point 99.0500
Elliott 96.9700
Closing 99.1900
Projection 99.7800
Trendline 98.2900
Trendline 99.1300
Supports / Resistances
Res 2 100.1000
Ex-High 99.4500
Res 1 99.6400
Pivot 98.9900
Sup 1 98.5400
Ex-Low 98.3500
Sup 2 97.8900

[fxabdulrehman]

Previously we have discussed about the consolidation Area between 98.70 - 9700 resistance - support level. We need daily bar closed above 98.70 resistance to confirmed our next bullish bias, which we have got from Yesterday. Now we will wait if price retraced and rejected the 98.70 now support level we will find a long opportunity.

[janforex]

hi;;;



the pair will go to down way to the down trend line
i see the pair will go to down way to 98.14
rsi refers that the pair will go down
so our target sell from 99.14 and our target will 100pips

Good luck

[zainab]

elliott elongated flat correction up 99.78 one move loser to 98.54 or 97.89 is anticipated while below 99.32 - 99.64 stop loss above 100.10 zone
support and resitances
res2 100.10
res1 99.64
piovt 98.99
su1 98.54
sup2 97.89

[saiansh23]

Usd/jpy has climbed upto 99.46 area as I have mentioned last week in all my charts and NOw we need a break above
99.50 area and then 100.70 to confirm that bearish pressure is off from the pair and we are on our way towards
wave 5 But if we want to go with bear THen pair has lot of support first come in line at 97.50 and then 95.70 extreme
support and then final 93.80 And the break of last support will confirm the price towards the important 89.40 Where
we would see the wave IVth find the bottom And I would stay with this count But howerver if we want to
remain about the pair then no way break above 100.70 is allowed And price should break below the support for the
final and powerful decline and then only we can enter short as pair has carried so much momentum from the bottom and
but the best part is this this recovery is in three waves and is of zigzag character where wave C is equal to wave a at 99.46
area and this is also the friday high
So remain cautios as pair can provide you with good opportunity following week
Regards
Check the chart

[mody2000]

we can see in the 1h chart
the pair will go down
I see the pair will go to down way to 98.14
stochastic refers that the pair will go down
so our target sell from 99.14 and our target will 100pips

Good luck

[Jobs]

Beauty and aesthetics graphics trading obscured by the formation of a graphical model "Brilliant." Is it possible then to talk about the randomness of the market when the price of paints such a model?
After the formation of the "diamond" on the rules of the output of the model is considered to be far to the height of this paternalistic:
If you put the height of the diamond on the 4-hour timeframe, it turns out that the goal of near-resistance otm.99, 243 have already taken, and is now a distant goal - resistance otm.100, 415.

[forexsara]

the pair will go down to fibo 38.2
I see the pair will go to down way to 78.44
rsi refers that the pair will go down
so our target sell from 99.14 and our target will 70pips

Good luck

[janforex]

we can see in the 4h chart
the pair will go down to fibo 38.2
I see the pair will go to down way to 96.68
stochastic refers that the pair will go down
so our target sell from 98.29 and our target will 160pips

[zainab]

elliott common flat correction up 98.70 up trend is still intact in a triabgke configuration it should continue to rally to 98.55 or 98.76 if support around 98.16 hold after which a pullback to 98.16 - 97.96 zone is possible
support and resistances
res2 99.17
res1 98.76
sup1 97.75
sup2 97.16