USDJPY stays in a rising price channel on its 4-hour chart. As long as the channel support holds, the sideways movement in a trading range between 112.21 and 113.25 could be treated as consolidation of the uptrend...
Short term Elliott wave view in Nikkei suggest that the cycle from August 29.2017 low (19055) is unfolding in 5 waves pattern. However looking at the internal subdivision of each wave the bounce looks corrective in nature with upside...
The US dollar initially fell against the Japanese yen during the day on Wednesday, but found enough support near the 112.25 level to turn around and rally significantly. By the end of the day, we have gained...
USDJPY continued its sideways movement in a trading range between 112.21 and 113.25. As long as 112.21 support holds, the price action in the range could be treated as consolidation of the uptrend from 107.31, and further...
The US dollar initially tried to rally against the Japanese yen, but then rolled over at the 113.25 level. We dropped down to the 112.75 level, where we had seen a bit of support. I believe that...
USDJPY moved sideways in a trading range between 112.21 and 113.25. As long as the price is in the rising price channel on the 4-hour chart, the sideways move could be treated as consolidation of the uptrend...
The US dollar has been falling during the session on Monday, but has found a bit of support near the 112.50 level again. This is an area that has been both support and resistance as of late,...
USDJPY stays in a rising price channel on its 4-hour chart and remains in the uptrend from 107.31. As long as the channel support holds, the uptrend could be expected to continue and a breakout of 113.25...
USDJPY remains in the uptrend from 107.31, the fall from 113.25 is likely consolidation of the uptrend. Near term support is at the bottom trend line of the price channel on the 4-hour chart. As long as...
USDJPY extended its bullish movement from 107.31 to as high as 113.25. Further rise to test 115.50 key resistance could be expected in a couple of weeks. Near term support is at 111.00, only a breakdown below...
