USDJPY moved sideways in a trading range between 108.13 and 115.50 for several months. As long as 108.13 key support holds, the sideways movement could be expected to continue and another rise to retest 115.50 resistance is...
The US dollar went sideways initially on Friday, hovering above the 110 level. We shot to the upside after that, as the jobs number was much better than anticipated, and that of course suggests that the Federal...
The US dollar fell significantly against the Japanese yen during the day on Thursday, crashing into the 110 handle. By slamming into this area, we are testing significant support, not only in a psychological sense, but also...
USDJPY’s bearish movement from 114.49 extended to as low as 110.98. Resistance is at 110.98, as long as this level holds, the downside movement could be expected to continue and next target would be at 109.00 area....
The USD/JPY pair initially rally during the day on Wednesday, reaching towards the 111 level. However, we offered enough resistance to turn around and fall significantly. As I look at this chart, there seems to be a...
USDJPY remains in the downtrend from 114.49, the bounce from 109.91 is likely consolidation of the downtrend. Near term resistance is at the top trend line of the price channel on the 4-hour chart. As long as...
The USD/JPY pair initially tried to rally during the day on Tuesday but found significant resistance at the 50 exponential moving average in the hourly timeframe. We rolled over to test the 110 level, which is massively...
USDJPY remains in downtrend from 112.19, the rise from 109.91 could be treated as consolidation of the downtrend. As long as 110.90 resistance holds, the downtrend could be expected to continue and next target would be at...
The US dollar initially tried to rally against the Japanese yen on Monday, but then rolled over at the 110.75 level. We reach back towards the 110.50 level where we started to see a bit of support,...
USDJPY’s bearish movement from 112.19 extended to as low as 110.21. Further decline is still possible and next target would be at 109.00 area. Near term resistance is at 110.90, only break above this level could bring...
