USDJPY’s bullish movement extended to as high as 112.46. Near term support is at 111.50, as long as this level holds, the uptrend from 108.81 could be expected to continue and next target would be at 113.50...
The USD/JPY pair initially tried to rally during the session on Monday but ran into quite a bit of trouble near the 111.75 level. We pulled back, looking for support near the 111.35 handle, where we had...
After consolidation, USDJPY broke above 111.78 resistance and continued its upward movement from 108.81. Further rise could be expected in a couple of days, and next target would be at 113.00 area. Near term support is now...
USDJPY continued its sideways movement in a trading range between 110.64 and 111.78. Support level is at 110.64, as long as this level holds, the uptrend from 108.81 could be expected to continue and next target would...
USDJPY is now in uptrend from 108.81. Further rise to test 112.12 resistance could be expected next week. A break of this level could trigger another rise to retest the key resistance level at 115.50. Support is...
The US dollar went sideways during the day on Friday, grinding around just above the 111 level, an area that has been supportive over the last several sessions. Because of this, I believe that the buyers will...
USDJPY moved sideways in a trading range between 110.64 and 111.78. As long as 110.64 support holds, the fall from 111.78 could be treated as consolidation of the uptrend from 108.81 and further rise to 113.00 area...
The USD/JPY pair initially dipped on Wednesday, but then found enough buying pressure to reach towards the 111.75 level. As I write this, it looks as if we are trying to pull back a bit, but the...
USDJPY remains in uptrend from 108.81, the pullback from 111.78 is likely consolidation of the uptrend. Key support is at 110.64, as long as this level holds, the uptrend could be expected continue and next target would...
The USD/JPY pair fell slightly during the day on Tuesday, reaching towards the 111.40 level. There is a significant amount of volatility in this market, and with that being the case it’s likely that the buyers will...
