The US Dollar against the Japanese yen (USDJPY) is a volatile and liquid Forex pair. USDJPY, along with EURUSD and GBPUSD, offers the lowest trading spreads in the Foreign Exchange market.
USDJPY accounts for 21.8% of the total Foreign Exchange market volume
The Japanese Yen weighs 13.6% of the US Dollar Index
■ USDJPY TRADING
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Best Time to Trade USDJPY: during the Asian session, but also the late US session
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Best Months to go Long on USDJPY: MARCH
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Best Months to go Short on USDJPY: AUGUST
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USDJPY Positive Correlations: US Stock Market | GBPCHF
■ USDJPY STATISTICS
Important statistics regarding USDJPY.
Table: USDJPY statistics
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USDJPY AVERAGE MONTHLY STATISTICS |
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(JANUARY 2000 - SEPTEMBER 2018) |
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MONTH |
MONTHLY RETURNS |
BULLS TIMES (↑) |
BEARS TIMES (↓) |
VOLATILITY |
MOMENTUM (ΔMP) |
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(1) JANUARY |
-0.13% |
10 |
9 |
0.90% |
0.24% |
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(2) FEBRUARY |
0.25% |
10 |
9 |
0.86% |
0.29% |
|
(3) MARCH |
0.51% |
12 |
7 |
0.91% |
0.93% |
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(4) APRIL |
0.05% |
9 |
10 |
0.83% |
0.11% |
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(5) MAY |
-0.09% |
7 |
12 |
0.83% |
0.52% |
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(6) JUNE |
-0.22% |
10 |
9 |
0.81% |
0.26% |
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(7) JULY |
-0.22% |
11 |
8 |
0.77% |
0.36% |
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(8) AUGUST |
-1.13% |
6 |
13 |
0.79% |
-0.13% |
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(9) SEPTEMBER |
0.25% |
11 |
8 |
0.81% |
0.45% |
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(10) OCTOBER |
-0.20% |
10 |
8 |
0.80% |
0.72% |
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(11) NOVEMBER |
0.89% |
10 |
8 |
0.80% |
0.52% |
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(12) DECEMBER |
0.91% |
11 |
7 |
0.75% |
0.75% |
Source: CurrenciesFx.com (G.P.)
■ USDJPY TRADING
USDJPY trading conditions.
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USDJPY TRADING |
ROBOFOREX |
LQDFX |
IC TRADING |
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MINIMUM TRADING SPREAD |
1.3 pip |
1.1 pip |
0.1 pip |
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TRADING COMMISSIONS |
NO |
NO |
$7.0 / ROUNDED LOT |
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PLATFORMS |
MT4 / MT5 / cTrader / R Stocks Trader |
MT4 |
MT4 / MT5 / cTrader |
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AUTOMATED TRADING |
YES |
YES |
YES | FIX/API |
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PAMM ACCOUNTS |
YES |
YES |
NO |
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TRADING LEVERAGE |
30:1 (EU) to 500:1 |
30:1 (EU) to 500:1 |
30:1 (EU) to 500:1 |
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ORDER EXECUTION MODEL |
ECN |
STP |
CFDs |
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MINIMUM DEPOSIT & FUNDING OPTIONS |
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REGULATION |
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PROMOTIONS |
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■ The US Dollar against the Japanese yen (USDJPY)
Researched and Edited by G. P. for CurrenciesFx.com (c)
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