Usd/Jpy

[Victoryindia]

A decline in continuing and initials jobless claims in the US and trade balance data help stocks improve in Europe and also to Wall Street futures that trimmed losses. In the currency market the Yen weakened and turned lower on a moved that it could be also supported by a sharp decline in the Swiss Franc across the board.

[Victoryindia]

After getting a high and low of 77.29 and 76.35 respectively, USD/JPY close the session at 76.84. The yen has advance slightly in Asia trade today, currently at 76.61 as the strength seen in the US dollar.

[anitagala124]

the overall structure still remains bearish and it will take a break back above 80.00 to officially alleviate downside pressures and confirm reversal prospects. Below 76.25 negates.

[niteshforex]

Despite dlr's brief breach of 76.93 (AUS) to 77.
22 on cross-trading in yen, subsequent strg pull-
back suggests the correction fm y'day's 76.35 low
has possibly ended n downside bias is seen for weak
ness to 76.54 but 76.35 shud remain intact.

[niteshforex]

the U.S. sovereign credit rating downgrade by Standard and Poor’s triggered a strong selloff across global bourses, where investors abandoned risky assets and shifted their investments to the yen, which increased expectations for another intervention from the BOJ.

[Victoryindia]

Currently USD / JPY is showing Down-Trend due to the weakening yen, but will be expected to sideways movement along the positive data from Japan and the strengthening dollar.
Sideways Range 77.21 - 76.63.

The Dollar has remained trading on a steady downward trend since peaking at 80.25 last Thursday, retracing all the ground gained after BoJ intervention and extending losses on Wednesday

[niteshforex]

Currently USD / JPY is showing Down-Trend due to the weakening yen, but will be expected to sideways movement along the positive data from Japan and the strengthening dollar.
Sideways Range 77.21 - 76.63.

[Victoryindia]

The pair approaches record low at 76.28, although, according to Slobodan Drvenica, analyst at Windsor Brokers, the pair might bounce up ahead of further decline: "Record low at 76.28 now comes in focus, however, possible bounce on oversold near-term studies may precede fresh weakness

[niteshforex]

The Japanese yen has recovered all of its losses against its American counterpart, after only three trading sessions following last week’s BoJ intervention. After opening the Asian trade at 77.75, USD/JPY broke below support at 77.50 and is now extending its losses into the 77.30 price zone.

[gururaj]

the pair has closed under 78.00 , that's mean the down trend is expected and the pair might head to 77.20 then 77.00 , however the pair made a hourly correction