The USD/JPY pair fell significantly during the course of the session on Friday, dropping all the way down to the 110.80 level. We bounced off of their to form a rather bullish move, but ultimately I think...
The USD/JPY pair spent most of the day grinding higher, as Thursday was relatively bullish. We bounced off of the 111.50 level, an area that is offering support, but I also see a significant amount of resistance...
USDJPY remains in uptrend from 110.23, the fall from 112.13 is likely consolidation of the uptrend. Further rise could be expected and next target would be at 113.50 area. Support levels are at 110.80 and 110.23, only...
USDJPY is now in uptrend from 110.23. Further rally could be expected over the next several days and next target would be at around 113.50. Support levels are at 110.80 and 110.23, only break below these levels...
The USD/JPY pair was very quiet during most of the session on Tuesday, but then found the 111 level to be supportive enough to cause a significant rally. The Japanese yen sold off later in the session,...
USDJPY broke above 111.73 resistance, indicating that the bearish movement from 114.36 had completed at 110.23 already. Further rise could be seen in a couple of days, and next target would be at around 113.50. Support levels...
The USD/JPY pair initially gapped lower at the open on Monday, but then shot higher towards the 111.65 level. This has been the top of recent consolidation, and the fact that we reach that area and pulled...
USDJPY moved out of the price channel on 4-hour chart, indicating that the downward movement from 114.36 had completed at 110.23 already. Near term resistance is now at 111.73, a break of this level could trigger a...
USDJPY is facing the resistance of the descending price channel on 4-hour chart, a clear break out of the channel resistance will indicate that the fall from 114.36 had completed at 110.23 already, then the following rally...
USDJPY is now in uptrend from 108.13, the fall from 114.36 is treated as correction of the uptrend. Another rise could be expected after the correction and next target would be at 117.50 area. Support levels are...
