The US dollar dipped slightly against the Japanese yen on Monday, in relatively quiet trading. Given enough time, I think that the buyers may return to this market longer term, as the 108.50 level underneath should be...
After consolidation, USDJPY continued its downside movement from 114.49 and the fall extended to as low as 108.33. Further decline to test 108.13 (Apr 17 low) key support is still possible, a breakdown below this level could...
USDJPY continued its sideways movement in a narrow range between 108.60 and 109.84. Near term support is at 108.60, a breakdown below this level could take price to test 108.13 (Apr 17 low) key support. Resistance is...
USDJPY is facing 108.13 support, a breakdown below this level could take price to next support level at 106.50 – 105.00 area. Near term resistance is at 110.94, only break above this level could trigger another rise...
The US dollar initially went sideways on Friday, but then broke down against the Japanese yen as Janet Yellen gave a somewhat dovish speech in Wyoming. Because of this, I think that the market is going to...
Short term USDJPY Elliott wave view suggests the decline from 7/11 peak is unfolding as a double three Elliott wave structure. Decline to 108.71 low ended Minor wave W and Minor wave X bounce ended at 110.95 peak. Subdivision...
The USD/JPY rose on Thursday, reaching towards the 109.50 level. However, we turned around based upon a few random tweets from the president, as people begin to worry about budget issues in the United States. This is...
USDJPY moved sideways in a trading range between 108.60 and 109.82, and is now facing 109.82 resistance. A break of this level could bring price to 110.60 area. Support is at 108.60, below this level could trigger...
Short term USDJPY Elliott wave view suggest the decline from 7/11 peak is unfolding as a double three Elliott wave structure. Decline to 108.71 low ended Minor wave W and Minor wave X bounce ended at 110.95 peak. Subdivision...
The USD/JPY pair fell significantly on Wednesday, as it was a bit of a “risk off” type of situation. I still see a significant amount of support underneath that the 108.50 level, so I believe that it...
