The US dollar fell precipitously during the session on Wednesday, as we guide very poor numbers coming out the United States. However, there is an interest rate decision coming out later in the day, and the wording...
USDJPY’s bearish movement from 114.36 extended to as low as 108.81. Near term resistance is at the descending trend line on the 4-hour chart. As long as the pair is below the trend line, the bearish movement...
The US dollar did very little against the Japanese yen on Tuesday, as we wait for the results of the FOMC meeting. Quite frankly, this is not a huge surprise, but I do believe that eventually we...
No changed in our view, USDJPY remains in uptrend from 109.11, the fall from 110.81 could be treated as consolidation of the uptrend. Another rise could be expected after the correction and next target would be at...
The US dollar fell during the session on Monday, breaking below the 110 level rather early. We went sideways after that, but then try to break above that level. We found sellers again, and it now looks...
USDJPY remains in uptrend from 109.11, the pullback from 110.81 is likely correction of the uptrend. Another rise to test 110.81 resistance is possible after the correction, a break of this level could bring price to the...
USDJPY continued its short term upward movement from 109.11 and the rise extended to as high as 110.81. Further rise could be expected and next target would be at around 111.30. Support levels are at 109.75 and...
The USD/JPY pair broke higher during the Friday session, as we clear the 110 level. Not only did we clear that level, but we also broke above the 110.50 level, where we should start to see some...
USDJPY’s fall from 114.36 extended to as low as 109.11. Near term resistance is at the top trend line of the price channel on its daily chart. As long as the channel resistance holds, the fall could...
The USD/JPY pair did exactly what I would expect it not to do during the day on Thursday, dropping down and then finding plenty of support. We have broken above the 110 level, and it now looks...
