USDJPY is facing 114.45 resistance. A breakout of this level will indicate that the uptrend from 107.31 (Sep 8 low) has resumed, then further rise towards 115.50 resistance could be seen. Near term support is at 113.70,...
The US dollar rallied against the Japanese yen during the trading session on Tuesday, but found the 113.50 level to be too resistive to continue going higher. It looks as if we are going to roll over...
USDJPY’s fall from 114.45 had completed at 112.95 already. The subsequent bounce would possibly be resumption of the uptrend from 111.65. Further rise to test 114.45 resistance could be expected, a breakout of this level could trigger...
The US dollar fell slightly against the Japanese yen, reaching down towards the 113.50 level. The market looks very well supported in this region, but I think that the market is going to continue to be very...
USDJPY broke below the bullish trend line on the 4-hour chart, suggesting that the uptrend from 111.65 had completed at 114.45 already. Further decline could be expected in the coming days and next target would be at...
USDJPY continued its upside movement from 111.65 and the rise extended to as high as 114.45. As long as the price is above the rising trend line on the 4-hour chart, the uptrend could be expected to...
USDJPY broke above the falling trend line from 115.50 to 114.49 on its daily chart. Further rise to test 115.50 resistance could be expected after a minor consolidation. Above this level will indicate that the downside movement...
The US dollar went sideways initially during the day on Friday, showing resistance near the 114.50 level, which is an area I have been talking about for some time. That is the beginning of significant resistance towards...
USDJPY failed to break below the rising trend line on the 4-hour chart, indicating that the pair remains in the uptrend from 111.65. As long as the trend line support holds, the uptrend could be expected to...
The US dollar initially tried to go higher against the Japanese yen during the session on Wednesday, reaching towards the 114.25 handle. There is a significant amount of resistance just above, and extending to the 115 handle....
