- Trading
- Instrument Specifications
- Currency Pairs
- USD / JPY Investing
Trade USD / JPY | Spot Forex
USD/JPY Forex Trading Conditions
| Options | Standard-Fixed & Floating | Beginner-Fixed & Floating | Demo-Fixed & Floating |
|---|---|---|---|
| Fixed spread, pip | 1.8 | 1.8 | 1.8 |
| Floating Spread, pip | 0.5 | 0.5 | 1.8 |
| Order distance, pip | 3.6 | 3.6 | 3.6 |
| Swap, pip (Long/Short) | 0.38 / -2.63 | 0.38 / -2.63 | 0.38 / -2.63 |
| Digits | 0.01 | 0.01 | 0.01 |
|
Available volumes | >=10000.00 USD | 100.00 – 100000.00 USD | >=100.00 USD |
| Contract size | -/- | -/- | -/- |
|
1 pip value per 100000 | 1000 JPY | 1000 JPY | 1000 JPY |
| Options | Standard-Fixed | Micro-Fixed | Demo-Fixed | PAMM-Fixed |
|---|---|---|---|---|
| Fixed spread, pip | 1.8 | 1.8 | 1.8 | 1.8 |
| Order distance, pip | 3.6 | 3.6 | 3.6 | 3.6 |
| Swap, pip (Long/Short) | 0.38 / -2.63 | 0.38 / -2.63 | 0.38 / -2.63 | 0.38 / -2.63 |
| Digits | 0.01 | 0.01 | 0.01 | 0.01 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 100000 USD | 100000 USD | 100000 USD | 100000 USD |
|
1 pip value per 1 lot | 1000 JPY | 1000 JPY | 1000 JPY | 1000 JPY |
| Options | Standard-Floating | Micro-Floating | Demo-Floating | PAMM-Floating |
|---|---|---|---|---|
| Floating Spread, pip | 0.5 | 0.5 | 1.8 | 0.5 |
| Order distance, pip | 3.6 | 3.6 | 3.6 | 3.6 |
| Swap, pip (Long/Short) | 0.38 / -2.63 | 0.38 / -2.63 | 0.38 / -2.63 | 0.38 / -2.63 |
| Digits | 0.01 | 0.01 | 0.01 | 0.01 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 100000 USD | 100000 USD | 100000 USD | 100000 USD |
|
1 pip value per 1 lot | 1000 JPY | 1000 JPY | 1000 JPY | 1000 JPY |
USD JPY Trading Hours
USD JPY trading hours are the time when investors can buy and sell USD JPY. The USD JPY is traded on multiple exchanges around the world. This means that investors have many different opportunities to trade USD JPY during different trading hours. Depending on where you live, you may be able to trade USD JPY at any time throughout the day or night. For those who want to take advantage of these opportunities, it is important to know when USD JPY trading hours begin and end.
USD/JPY Technical Analysis
The USDJPY technical analysis of the price chart on 4-hour timeframe shows USDJPY,H4 is retreating after breaching below the 200-period moving average MA(200) which has leveled off. RSI indicator is in oversold zone. We believe the bearish momentum will continue after the price breaches below the lower bound of the Donchian channel at 149.75. A level below this can be used as an entry point for placing a pending order to sell. The stop loss can be placed above 151.90. After placing the order, the stop loss is to be moved to the next fractal high indicator, following Parabolic signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.
Fundamental Analysis of Forex - USD/JPY
Inflation in Japan's capital accelerated in November. Will the USDJPY price retreating reverse?
Japanese consumer inflation accelerated more than expected: the Statistics Bureau of Japan reported the Tokyo Core Consumer Price Index (CPI) growth rose to 2.2% over year in November after 1.8% growth in October when an increase to 2.0% was expected. Inflation data for Tokyo are seen as a leading indicator of Japanese nationwide trends. The expected accelerating of consumer prices rise (excluding fresh food prices) points to rising cost-push pressure in the world's third-largest economy. The BOJ is meeting on December 18 - 19. It is widely expected to raise interest rates from current 25 basis point level. Faster Japanese core prices inflation is bullish for yen and bearish for USDJPY.
| Indicator | Signal |
| RSI | Buy |
| MACD | Sell |
| Donchian Channel | Sell |
| MA(200) | Sell |
| Fractals | Sell |
| Parabolic SAR | Sell |
The USD/JPY is also known as the “gopher” and it is the world’s second most traded pair. The value of these currencies is affected greatly by the interest rate differential between the Federal Reserve and the Bank of Japan.
USDJPY Trading
The USDJPY is also known as the “gopher” and it is the world’s second most traded pair. The value of these currencies is affected greatly by the interest rate differential between the Federal Reserve and the Bank of Japan. This pair presents how many Japanese yen are needed to trade USDJPY. For a deeper understanding how to trade currency pairs, for example USDJPY, you will need to know about bid and ask, pips and more, we suggest to start from basics "What is Forex Trading".
Currency Pair USDJPY | Forex | Major
The US dollar (USD, “Greenback”) is the most widely traded currency in the world. The issuer is the Federal Reserve System(the Fed).
- Is the most popular reserve currency, held by central banks, financial institutions and private investors
- Is considered as a “safe haven” currency in periods of instability due to universally recognized reliability of the US economy
- Is used as a standard payment unit in commodity markets
