USDJPY’s bullish movement from 107.31 extended to as high as 111.66. Further rise is still possible in a couple of days and next target would be at 112.50 area. Near term support is at the ascending trend...
USDJPY is now in uptrend from 107.31. Further rise could be expected in the coming days and next target would be at 112.50 area. Near term support is at 109.54, only a breakdown below this level would...
USDJPY broke above 110.94 resistance, indicating that the downside movement from 114.49 had completed at 107.31 already. Further rally could be expected in a couple of weeks and next target would be at 114.00 area. Support levels...
The US dollar rallied significantly during the session on Friday, after initially falling rather hard. The shakeup had to do with the North Koreans launching a missile over Japan, but quite frankly, the market has seen this...
The US dollar did very little against the Japanese yen during the session on Thursday, as the 110.50 region is very noisy. Even more importantly, the 111 level above is resistance, and we need to break above...
USDJPY broke above 110.94 resistance, indicating that the downtrend from 114.49 (Jul 11 high) had completed at 107.31 already. The pair is now in uptrend from 107.31, the fall from 111.03 could be treated as correction of...
The US dollar exploded to the upside against the Japanese yen during the session on Wednesday, as we continue to see buying pressure. Further exacerbating the move was talk of a tax reform package coming out of...
USDJPY is facing the resistance at 110.94. As long as this level holds, the rise from 107.31 could be treated as consolidation of the downtrend from 114.49 (Jul 11 high), another fall towards 106.50 is still possible...
USDJPY’s bounce from 107.31 extended to as high as 110.29. Further rise to test 110.94 key resistance could be expected after a minor consolidation. As long as the price is below 110.94 resistance, the bounce could be...
USDJPY broke above the resistance of the bearish trend line on its 4-hour chart, indicating that the short term downtrend from 110.67 had completed at 107.31 already. Further rally could be expected and the target would be...
