Daily Trading Signals by Exness - USD/JPY

[Exness Support]

USDJPY
Dec. 18, 2014, 10:00

Buy on rebound from 117.75 level with 119.54 target. Stop loss = 117.20.

Reason for the trading strategy

Today at 13.30 GMT, the number of initial claims for unemployment benefits in the US last week will be published. The expected increase in the index from 294 thousand to 297 thousand is likely to put a slight pressure on the US dollar. When the USDJPY pair tests the support level of 117.75, opening long positions in the world's reserve currency is worth considering.

USDJPY, H4

 

[Exness Support]

USDJPY: growth against the background of the Bank of Japan preserving its key interest rates in the range of 0-0.1%

USDJPY
Dec. 19, 2014, 07:15

Buy on a level breakthrough of 119.54 with 121.85 target. Stop loss = 119.00.

Reason for the trading strategy

Today, a meeting on the Bank of Japan's monetary policy was held, where the regulator kept its benchmark interest rate in the country in the range of 0-0.1%, and the annual growth rate of the monetary base at the level of 80 trillion yen. The Bank of Japan will continue to maintain a soft monetary policy in the country unless Japan's inflation rate consolidates near the level of 2% per annum.

USDJPY, H4

 

[Exness Support]

USDJPY
Jan. 13, 2015, 08:56

Sell on a level breakthrough of 117.70 with 116.80 target. Stop loss = 118.40.

Reason for the trading strategy

In November, Japan's trade deficit decreased from 766.8 billion to 636.8 billion yen. The decline in oil prices provided support for the indicator, which forms a part of the country's GDP. The news is positive for the yen.

USDJPY, H4

 

[Exness Support]

USDJPY: under pressure against the background of falling Japanese shares

USDJPY
Jan. 14, 2015, 08:44

Sell on a level breakthrough of 116.80 with 115.55 target. Stop loss = 117.55.

Reason for the trading strategy

The Japanese currency continues to strengthen against the US dollar due to falling Japanese shares. In the past two days, the Japanese stock sub-index for non-ferrous metals has dropped by 3.9%. At the same time, reducing the cost of commodities imported by Japan, will allow the country to significantly reduce the trade deficit in the coming months.


USDJPY, H4

 

[Exness Support]

USDJPY
Jan. 27, 2015, 08:58
Buy on a level breakthrough of 118.82 with 119.89 target. Stop loss = 118.20.

Reason for the trading strategy

In December, the corporate services price index in Japan rose by 3.6% (y/y), as expected, with the previous value being 3.6% (y/y). The Bank of Japan, predicting a decline in total inflationary pressures in the country in Q1 2015, is not going to increase the growth rates for the monetary base above 80 trillion yen per year. However, before tomorrow's US Federal Reserve meeting, we do not rule out the US dollar attempting to break through the resistance level of 118.82 yen.

USDJPY, H4

 

[Exness Support]

USDJPY
Jan. 29, 2015, 10:14
Buy on a level breakthrough of 118.13 with 118.82 target. Stop loss = 117.60.

Reason for the trading strategy

In December, retail sales in Japan rose by 0.2% (y/y) with a forecast of 1.1% (y/y). The data reflecting weak dynamics in consumer spending of Japanese households can put some pressure on the exchange rate of the yen.

USDJPY, H4

 

[Exness Support]

USDJPY
Feb. 6, 2015, 10:01
Sell on a level breakthrough of 116.76 with 115.85 target. Stop loss = 117.40.

Reason for the trading strategy

Information about the fact that in Q4 2014, labor costs in the United States increased, while the labor productivity decreased, put pressure on the world's reserve currency. Today, the publication of the January data on the US labor market could pressure on the US dollar. In the reporting period, the number of jobs outside the US agricultural sector is expected to decrease from 252 thousand to 236 thousand.

USDJPY, H4

 

[Exness Support]

The USDJPY pair is approaching the support level of 118.34
USDJPY
Feb. 13, 2015, 09:23
Sell on a level breakthrough of 118.34 with 117.00 target. Stop loss = 119.00.
Reason for the trading strategy
The yen has abruptly gained a foothold on the foreign exchange market after the announcement that some leaders of the Bank of Japan see the downside risks to the economic situation in the country if the incentives expand. A weak yen is damaging for importers and it apparently restricts the consumer activity of Japanese households. Yesterday's publication of weak macroeconomic statistics on the US put additional pressure on the USD/JPY pair.
USDJPY, H4

 

[Exness Support]

USDJPY: consolidation after the Bank of Japan meeting

USDJPY
Feb. 18, 2015, 08:41
Buy on a level breakthrough of 119.40 with 120.48 target. Stop loss = 118.90.
Reason for the trading strategy
The Bank of Japan has kept its goal of expansion of the monetary base by 80 trillion yen per year, as expected. The preservation of a soft monetary policy in the country will contribute to a stabilization of inflation expectations, but will put pressure on the exchange rate of the yen.
USDJPY, H4

 

[Exness Support]

USDJPY
April 10, 2015, 09:55
Buy on a level breakthrough of 120.65 with 121.20 target. Stop loss = 120.15.
Reason for the trading strategy
After the publication of the weekly report on the US labor market, the US dollar continued to strengthen in the international currency market. Over the last week, the number of initial unemployment benefits claims in the US fell to multi-year lows, amounting to 281 thousand, and turning out better than the expected 283 thousand. The statistics indicates a likely decline in the US unemployment rate in April.
USDJPY, H4

 

[Exness Support]

USDJPY: adjustment from the 118.78 support level

USDJPY
April 16, 2015, 08:22
Sell on a level breakthrough of 118.78 with 118.33 target. Stop loss = 119.20.

Reason for the trading strategy

The weakness of the US dollar against the euro and the publication of negative statistics on the volume of industrial production in the US put pressure on the USD/JPY pair. Today, attention should be paid to the publication of the weekly report on the US labor market and to data on the US construction sector.

USDJPY, H4

 

[bellafx]

yours concept is much better for me

 

[Exness Support]

The USDJPY pair may decline to the 118.54 level
USDJPY
April 24, 2015, 08:23
Sell on a level breakthrough of 119.33 with 118.54 target. Stop loss = 119.83.
Reason for the trading strategy
The US dollar remains under pressure after the publication of negative macroeconomic statistics in the US. In April, the Markit business activity index in the US manufacturing sector fell from 55.7 p. to 54.2 p., and in March, new home sales in the US primary real estate market decreased by 11.4% to 481 thousand homes a year.
USDJPY, H4

 

[Exness Support]

USDJPY
April 28, 2015, 08:59
Sell on a level breakthrough of 118.84 with 118.32 target. Stop loss = 119.34.

Reason for the trading strategy

The USD/JPY currency pair continues to consolidate in the narrow range of 118,84-119,42. Yesterday, Fitch downgraded Japan's credit rating from A + to A. Today, the news of the decline in retail sales in the country by 9.7% (y/y) in March put pressure on the yen. However, against the background of the April decline in the business activity index in the US service sector, the USD/JPY pair is slipping to 118.84 support.

USDJPY, H1

 

[Exness Support]

USDJPY: consolidation below the 120.22 resistance level

USDJPY
May 11, 2015, 10:26
Buy on a level breakthrough of 120.22 with 120.84 target. Stop loss = 119.72.

Reason for the trading strategy

As expected, in April, the US unemployment rate fell to 5.4%. However, the number of jobs in February and March 2015 was revised downwards by 39 million. In April, the average hourly wage in the US rose by only 0.1% (m/m), with a forecast of a 0.2% (m/m) growth. The statistics put pressure on the US dollar, which rolled away from the resistance level of 120.22 yen. The breakthrough of this level will serve as a signal to buy the world's reserve currency.



USDJPY, H4

 

[Exness Support]

USDJPY: consolidation after publication of the index of leading economic indicators in Japan

USDJPY
May 12, 2015, 09:19
Buy on a level breakthrough of 120.22 with 120.84 target. Stop loss = 119.72.

Reason for the trading strategy

In March, the index of leading economic indicators in Japan rose from 104.8 p. to 105.5 p., as expected. The statistics indicates an expansion in business activity in the country. Despite this, investors buy the USD/JPY pair, expecting a tightening of the monetary policy in the United States this year.

USDJPY, H4

 

[Exness Support]

USDJPY: under pressure after the publication of Japan's balance of trade

USDJPY
May 13, 2015, 10:34
Sell on a level breakthrough of 119.70 with 119.05 target. Stop loss = 120.20.

Reason for the trading strategy

In March, Japan's current account surplus amounted to 2.80 trillion yen with a forecast of 2.07 trillion yen. The index reached its seven- year- high due to Japan' trade balance entering the positive zone. The news is positive for the yen. The breakthrough of the support of 119.7 yen will serve as a signal for elimination of short-term long positions on the US dollar.



USDJPY, H1

 

[Exness Support]

USDJPY: Consolidation in the 120.84-121.47 range

USDJPY
Mag. 21, 2015, 09:33
Buy on rebound from 120.84 level with 121.47 target. Stop loss = 120.34.

Reason for the trading strategy

The soft US Federal Reserve minutes have put pressure on the US dollar against the yen. Today, it is worth paying attention to the weekly labor market statistics and to the sales in the secondary real estate market in the United States. With the USD/JPY pair lowering to the 120.84 level, opening long positions should be considered.



USDJPY, H4

 

[Exness Support]

USDJPY:under pressure after the publication of Japan's balance of trade

USDJPY
Mag. 25, 2015, 10:00
Sell on a level breakthrough of 121.47 with 121.07 target. Stop loss = 121.87.

Reason for the trading strategy

Due to the decrease in the exchange rate of the yen during the last few years, Japan's trade balance amounted to -53.4 billion yen in April 2015, with a forecast of -318.9 billion yen. In the reporting period, export grew by 8% (y/y), while import fell by 4.2% (y/y). The gradual improvement in the trade balance, which is part of Japan's GDP will support the yen.



USDJPY, H1

 

[Exness Support]

USDJPY: consolidation below the 124.45 resistance level

USDJPY
June 1, 2015, 09:17
Buy on a level breakthrough of 124.45 with 124.95 target. Stop loss = 123.95.

Reason for the trading strategy

Expenditure for the Japanese companies' capital investments in Q1 2015 increased by 7.3% (q/q) with a forecast of -0.1% (q/q). Growth of this indicator, included in the structure of the country's GDP, will provide some support for the yen. Meanwhile, the strong US macroeconomic statistics for Q2 2015 is pushing the USD/JPY pair to the 125 level.


USDJPY, H1