No changed in our view, USDJPY remains in the uptrend from 108.73, the pullback from 110.94 is likely correction of the uptrend. Another rise could be expected after the correction and next target would be at 112.00...
The US dollar rallied a bit during the day on Wednesday, going into the FOMC Meeting Minutes. We initially reached towards the 111 handle, but then pulled back to find bits of support. I think the market...
USDJPY is in uptrend from 108.73, the fall from 110.94 could be treated as correction of the uptrend. Near term support is at 109.50, as long as this level holds, the uptrend could be expected to resume,...
The USD/JPY pair broke out to the upside during the session on Tuesday, slicing through 110 like it wasn’t even there. That is a very bullish sign, and I believe that we could continue to see some...
USDJPY broke above the bearish trend line on the 4-hour chart and is now in uptrend from 108.73. Further rise could be expected after a correction pullback and next target would be at 112.00 area. Near term...
USDJPY moved above the bearish trend line on its 4-hour chart, suggesting that the downside movement from 114.49 had completed at 108.73 already. Further rally would likely be seen after a correction pullback and next target would...
The US dollar fell against the Japanese yen after initially surging much higher during the day on Monday. We are testing an uptrend line that had been broken, so if we can break above the 110 handle,...
The situation in North Korea went to another level last week when President Trump made some “Fire and Fury” comment. His response to the provocation by North Korea resulted in risk off with sell off across the market, higher...
USDJPY stays below a bearish trend line on its 4-hour chart and remains in the downtrend from 114.49. As long as the price is below the trend line, the bounce from 108.73 could be treated as consolidation...
USDJPY is facing 108.13 support once again. A breakdown below this level will indicate that the downtrend from 118.66 has resumed, then the following bearish movement could bring price to 105.00 area. On the upside, as long...
