USDJPY extended its downside movement from 114.73 to as low as 112.47 after breaking below 112.95 support. Near term resistance is at the falling trend line on the 4-hour chart. As long as the trend line resistance...
The US dollar initially tried to rally during the session on Tuesday, but found significant resistance at the 113.90 level. By pulling back, we reached towards the 113.50 level, finding support yet again. Ultimately, the market looks...
USDJPY is facing 112.95 support once again. A breakdown below this level could take price to next support level at 112.65. Below here could trigger further decline towards 111.65 key support. Near term resistance is at 113.90,...
The US dollar initially fell during the trading session on Monday, reaching down towards the 113.25 level. We bounce from there, and are starting to show signs of strength again. I think that the 113 level is...
USDJPY broke above the falling trend line on the 4-hour chart, suggesting that the short term downtrend from 114.73 is complete. Another rise to test 114.73 resistance would likely be seen in the coming days. A breakout...
USDJPY stays below a falling trend line on its 4-hour chart and remains in short term downtrend from 114.73. As long as the price is below the trend line, the downtrend could be expected to continue and...
USDJPY’s upside movement from 107.31 extended to as high as 114.73. Near term support is at the bottom trend line of the price channel on the daily chart now at around 112.65. As long as the channel...
The US dollar has been very choppy against the Japanese yen during the Friday session, as the 113.50 level has offered a bit of resistance. I think that the market will continue to be very noisy, but...
The US dollar rolled over during the trading session on Thursday, falling as low as the 113.25 handle before bouncing significantly. I think that the 113 level as massive support, and I believe that we will eventually...
USDJPY is facing 112.95 support, a breakdown below this level could trigger further downside movement to 112.30 area. On the upside, as long as 112.95 support holds, the price action from 114.45 could be treated as consolidation...
