USDJPY Daily Analysis – July 11, 2017
USDJPY stays in a bullish price channel on its 4-hour chart and remains in uptrend from 108.81. As long as the pair is in the channel, the uptrend could be expected to continue and further rise to...
Tag: USDJPY
USDJPY Daily Analysis – July 10, 2017
USDJPY’s bullish movement from 108.81 extended to as high as 114.19. Near term support is at the bottom trend line on the price channel on its 4-hour chart, and the key support is at 112.74, only a...
USDJPY Weekly Analysis – July 8, 2017
USDJPY’s upward movement from 108.81 extended to as high as 114.17. Further rise to retest 115.50 resistance could be expected next week. Above this level will indicate that the long term uptrend from 98.97 (Jun 24, 2016...
USD/JPY Forecast July 10, 2017, Technical Analysis
The USD/JPY pair shot through the roof during the day on Friday as jobs numbers came out better than anticipated. We tested the 114 handle, which of course offers a certain amount of resistance. If we can...
USDJPY Daily Analysis – July 7, 2017
USDJPY continued its upside movement and the rise extended to as high as 113.83. Near term support is at 112.74, followed by the bottom trend line of the price channel on its 4-hour chart now at around...
USD/JPY Forecast July 7, 2017, Technical Analysis
The United States dollar initially dipped on Thursday but found enough support at the 113 level to turn around and bounce towards the 113.50 level above. However, that area was resistive, and we pulled back towards the...
USD/JPY Forecast July 6, 2017, Technical Analysis
The USD/JPY pair bounced significantly during the day on Wednesday, but found enough noise near the 113.60 level to turn around and pull back significantly. However, I think that the 113 level will continue to be supportive,...
USD/JPY Forecast July 5, 2017, Technical Analysis
The US dollar fell initially against the Japanese yen on Tuesday, dropping down to the 112.75 level. By bouncing from there, the market looks as if it is ready to continue going higher, perhaps reaching towards the...
USDJPY Daily Analysis – July 5, 2017
USDJPY stays above the rising trend line on its 4-hour chart and remains in uptrend from 108.81. As long as the pair is above the trend line, the uptrend could be expected to continue and next target...
USDJPY Short-Term Uptrend (July 05, 2017)
USDJPY has been trending higher recently, moving inside an ascending channel on its 1-hour time frame. Price just bounced off the resistance and could be due for a test of support near the 112.50 minor psychological level...