USDJPY STATISTICS
The US Dollar against the Japanese Yen. USDJPY. USDJPY is the second most traded Forex pair worldwide, accounting for 21.8% of the Foreign Exchange market volume (2016). USDJPY is a very dynamic pair offering rich volatility and smooth trends. Historically, USDJPY trades in the same direction with the American markets (S&P 500, DJIA, NASDAQ).
◙ USDJPY SEASONAL PATTERNS:
According to our data {2000-2018} these are the best months to go long/short on USDJPY:
BEST MONTHS FOR LONG TRADES (↑)
- MARCH, average returns +0.51%, times (12-7), and +0.93% momentum
RECENT 5 PERIODS: 2 bullish out of 5
RELIABILITY: NOT a very reliable pattern in recent years (☆☆)
- NOVEMBER, average returns +0.89%, times (10-8), and +0.52% momentum
RECENT 5 PERIODS: 4 bullish out of 5
RELIABILITY: a reliable pattern, after 2011 (☆☆☆)
- DECEMBER, average returns +0.91%, times (11-7), and +0.75% momentum
RECENT 5 PERIODS: 4 bullish out of 5
RELIABILITY: a considerably reliable pattern, after 2011 (☆☆☆☆)
BEST MONTHS FOR SHORT TRADES (↓)
- AUGUST, average negative returns -1.13%, times (6-13), and -0.13% momentum
RECENT 5 PERIODS: 3 bearish out of 5
RELIABILITY: a reliable pattern for the period 2000-2005, NOT a reliable pattern as concerns recent years (☆☆)
Chart: Combining the Monthly Returns (Blue Line) and the Monthly Momentum ΔMP (Orange Area) for USDJPY → What is ΔΜΠ?
◘ USD/JPY CORRELATIONS
Based on 5 years of daily data (2014-2018), these are the major USDJPY correlations:
(+) MAJOR POSITIVE CORRELATIONS:
- GBPJPY (☆☆)
- USDCHF (☆☆)
- USDCAD (☆)
- US EQUITIES
(-) MAJOR NEGATIVE CORRELATIONS:
- GBPUSD (☆☆☆☆)
- EURUSD (☆☆☆)
- EURCHF (☆☆)
- AUDUSD (☆☆)
The full statistics of the pair are presented in the book (licensed by G. Protonotarios): ► The Hidden Patterns Behind 15 Forex Pairs: Revealing Momentum and Seasonal Patterns Based on 18.5 Years of Daily Exchange Rates
◘ USD/JPY Forex Robot
FOREX ROBOT |
WALLSTREET FX |
ONE TIME PURCHASE |
279 USD |
WEBSITE | » WALLSTREET FOREX |
REVIEW | » REVIEW WALLSTREET FOREX |
◘ USD/JPY Central Banks
» US Federal Reserve | » Japanese Central Bank |
◘ COMPARE USDJPY BROKERS & TRADING TERMS
In the following table, you may find a basic comparison of USDJPY Forex Brokers.
Table: Compare Forex Trading Cost & Slippage on USD/JPY
USDJPY FOREX BROKER |
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□ USDJPY SPREAD |
1.9 pip on USDJPY (without trading commissions) |
0.14-0.80 pip on USDJPY |
0.33 pip on USDJPY |
0.8 pip on USDJPY |
□ TRADING COMMISSIONS |
NO |
YES $7/full traded lot |
YES $7/full traded lot |
YES $7/full traded lot |
□ PLATFORMS |
MT4/MT5 RStocks Trader |
MT4/MT5 Ctrader |
MT4/MT5 |
MT4/MT5 |
□ AUTO-TRADING |
Fully Allowed Free VPS |
Fully Allowed
Free VPS |
Fully Allowed Free VPS NY4 and LD5 IBX Equinix |
Fully Allowed |
□ REGULATION |
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□ ACCOUNT INFO |
35 Forex pairs Min. Deposit: 200 USD Funding Methods: Cards | Bank Wire | Skrill PerfectMoney | Neteller » Review RoboForex |
65 Forex pairs Min. Deposit: 200 USD Funding Methods: Credit Cards | Bank Wire Skrill | PayPal | Neteller |
61 Forex pairs Min. Deposit: 200 USD Funding Methods: Credit Cards | Bank Wire Skrill | UnionPay | Neteller |
65 Forex pairs Min. Deposit: 100 USD Funding Methods: Credit Cards | Bank Wire UnionPay | Neteller |
□ WEBSITE
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» IC Trading Website |
■ USD/JPY Statistics
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