US Dollar ($) ⇨ Japanese Yen (¥)(USDJPY) Trading Outlook

US Dollar ($) ⇨ Japanese Yen (¥)(USDJPY) Trading Outlook






US Dollar ($) ⇨ Japanese Yen (¥)(USDJPY) Trading Outlook HEFFX Notes Japanese Yen Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are trending. By the way, prices are vulnerable to a correction towards 104.89. The projected upper bound is: 104.37. The projected lower bound is: 98.00. The projected closing […]






US Dollar ($) ⇨ Japanese Yen (¥) (USDJPY) Trading Outlook

US Dollar ($) ⇨ Japanese Yen (¥) (USDJPY) Trading Outlook






US Dollar ($) ⇨ Japanese Yen (¥) (USDJPY) Trading Outlook FOREX JPY= closed down -0.280 at 104.450. Volume was 87% below average (consolidating) and Bollinger Bands were 54% wider than normal. Open High Low Close Volume___ 104.730 104.850 104.400 104.450 8,472 Technical Outlook Short Term: Neutral Intermediate Term: Bearish Long Term: Bearish Moving Averages: 10-period […]






Japanese Economy Hard to Grow with Declining Workforce

Japanese Economy Hard to Grow with Declining Workforce






Japanese Economy Hard to Grow with Declining Workforce The fundamental problem of the Japanese economy is its declining workforce, an Australia international economist said recently in an  interview. Joseph Capurso, Commonwealth Bank of Australia international economist, said: “It’s very hard to grow your economy when your workforce is falling.” The May Markit/Nikkei manufacturing PMI declined […]






FX News: US Dollar ($) ⇨ Japanese Yen (¥) (USDJPY)

FX News: US Dollar ($) ⇨ Japanese Yen (¥) (USDJPY)






FX News: US Dollar ($) ⇨ Japanese Yen (¥) (USDJPY) Shayne Heffernan takes a look at Yen trading this week FOREX JPY= closed down -0.120 at 106.960. Volume was 3% above average (neutral) and Bollinger Bands were 4% narrower than normal. Open High Low Close Volume___ 107.060 107.250 106.530 106.960 69,906 Technical Outlook Short Term: […]






A Jean-Michel Basquiat Hammered for a Record $57-M

A Jean-Michel Basquiat Hammered for a Record $57-M






A Jean-Michel Basquiat Hammered for a Record $57-M $BID The art world just witnessed a groundbreaking auction record earlier last May when an untitled piece by Jean-Michel Basquiat sold at Christie’s for $57.3-M. Given Sotheby’s (NYSE:BID) “limited” Impressionist and Modern art sale the night before, with 21 out of 62 lots left unsold, there were […]






US Dollar ($) ⇨ Japanese Yen (¥) (USDJPY) Trading Outlook

US Dollar ($) ⇨ Japanese Yen (¥) (USDJPY) Trading Outlook






US Dollar ($) ⇨ Japanese Yen (¥) (USDJPY) Trading Outlook FOREX JPY= closed down -2.340 at 106.510. Volume was 19% above average (neutral) and Bollinger Bands were 31% narrower than normal. Open High Low Close Volume___ 108.860 109.130 106.480 106.510 81,012 Technical Outlook Short Term: Oversold Intermediate Term: Bullish Long Term: Bearish Moving Averages: 10-period […]