Home / Author Archives: JPY Editor (page 4)

Author Archives: JPY Editor

JPY: Balanced risk and reward – HSBC

Analysts at HSBC are looking for USD-JPY to move generally sideways barring fresh news on the geopolitical front, with little else likely to alter the relative story. “If there is to be action around the JPY it is more likely ...

Read More »

USD/JPY Elliott Wave View: Ending Bounce

Short term USD/JPY Elliott wave view suggests that the decline from the 7/11 peak is unfolding as a double three Elliott wave structure. Decline to the 108.71 low ended Minor wave W and correction of that cycle ended in a ...

Read More »

USD/JPY Continued Bearish Pressures

USD/JPY’s bearish pressures are on despite ongoing consolidation. The pair is heading back towards former support at 108.83 (17/04/2017 low). Expected to show another leg lower. We favor a long-term bearish bias. Support is now given at 96.57 (10/08/2013 low). ...

Read More »

USD/JPY consolidates the recovery below 109.50

Having faced rejection just shy of 109.50 barrier, the USD/JPY pair entered a phase of consolidation, as the bulls take a breather after the overnight rebound from four-month lows of 108.58. USD/JPY: Focus shifts to the Jackson Hole Symposium Despite ...

Read More »