The USD/JPY pair gapped lower as word got out that the North Koreans tested a nuclear bomb. We rallied a bit, but have fallen since then. It looks like the market is hovering around the 109.50 level...
USDJPY continued its sideways movement in a trading range between 108.26 and 110.94. The sideways movement is likely consolidation of the downtrend from 114.49 (Jul 11 high). As long as 110.94 resistance holds, another fall to test...
USDJPY failed to break above 110.94 resistance and stays in a trading range between 108.26 and 110.94. As long as 110.94 resistance holds, the price action in the trading range could be treated as consolidation of the...
USDJPY failed to break below 108.13 and rebounded from 108.26. A break above 110.94 key resistance could signal completion of the downside movement from 114.49, then another rise to retest 115.50 resistance could be seen. However, as...
The USD/JPY pair went sideways during most of the session on Friday, but did dip below the 110 level during the Johnson announcement. Ultimately, this market looks as if it is attracted to the 110 level, so...
USD/JPY initially rallied on Thursday, but found enough resistance above at the 110.68 level to turn around. I think that part of this might be profit taking ahead of the jobs number, and that being the case...
USDJPY moved sideways in a trading range between 108.26 and 110.94. As long as 110.94 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 114.49 (Jul 11 high), and another fall to...
The US dollar exploded to the upside on Tuesday against the Japanese yen, and then continued that bullish pressure on Wednesday. We are now clear the 110 handle, and it looks a very likely to continue to...
USDJPY failed to break below 108.13 (Apr 17 low) support and rebounded strongly from 108.26. The pair is now facing 110.94 key resistance. A breakout of this level will indicate that the downside movement from 114.49 had...
USDJPY moved sideways in a trading range between 108.13 and 115.50 for several months and is now facing the previous low support level at 108.13 once again. On the 4-hour chart, there is a bearish price channel...
