The US dollar rallied against the Japanese yen was perhaps in reaction to the US Congress looking likely to pass tax reform. That of course will be good for the United States economy, and of course...
USDJPY remains in uptrend from 110.84, the fall from 113.08 could be treated as consolidation of the uptrend. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could...
The dollar appreciated on Monday although it did so at a limited pace. Most of the crossings had limited tours at the beginning of the week continuing the tours of the American session on Friday, albeit at...
USDJPY extended its upside movement from 110.84 to as high as 113.08. As long as the price is above the rising trend line on the 4-hour chart, the uptrend could be expected to continue and next target...
By gapping initially on the Monday session, this signified what I had been suspecting all along: that the US dollar is moving mainly upon tax reform expectations, and nowhere with this be more important than the...
USDJPY broke above 112.71 resistance, suggesting that the downside movement from 114.73 had completed at 110.84 already. Further rally would likely be seen and next target would be at 113.91, followed by 114.73. Near term support is...
USDJPY is now in downtrend from 114.73, the bounce from 110.84 is treated as consolidation of the downtrend. Further decline would likely be seen next week and a breakdown below 110.84 support could trigger further downside movement...
During the Friday session, the USD/JPY pair was very noisy in general. However, what really got things moving was when General Flynn suggested that he was willing to testify against the White House and the Russian broke....
The US dollar has been very volatile against the Japanese yen during Thursday trading, but as you can see we have rallied, pulled back, formed an hourly hammer, and then rallied again. I think that if we...
USDJPY broke above 111.69 resistance, indicating that the downtrend from 114.73 had completed at 110.84 already. Further rally would likely be seen, and next target would be at 112.71. Support is now at 111.69, only a breakdown...
