The USD/JPY pair had a relatively stable session on Friday, which of course is a good thing as we broke out to the upside on Thursday. This shows that perhaps the markets are comfortable with having a...
The USD/JPY pair had a very volatile session on Tuesday, as one would expect. After all, the Wednesday session was brutal, and I now have marked on the chart an area that is the high of the...
USDJPY’s fall from 114.36 extended to as low as 110.23. Further decline is still possible after a minor consolidation and next target would be at around 109.60. Near term resistance is at the top of the price...
Under pressure by the resistance of the Mar 10 high of 115.50, USDJPY pulled back from 114.36 and the fall extended sharply to as low as 110.23. The pair will find support at around 109.60, which is...
The USD/JPY pair broke down significantly during the Wednesday session, slicing below the 112 level, an area that I thought would be very supportive. The fact that we broke down below this is a bit disconcerting for...
USDJPY continued its downward movement and the fall extended to as low as 110.52. Further decline is still possible after a minor consolidation and next target would be at 109.50 area. Resistance is at 111.60, only move...
The US dollar had a negative session on Tuesday, but found enough support at the 113 level to keep me interested in going long. This is an area that previously offered resistance, so it should now offer...
USDJPY broke below the bottom of the price channel on 4-hour chart, indicating that the upward movement from 108.13 had completed at 114.36 already. Further decline could be expected over the next several days and next target...
USDJPY moved above the top trend line of the descending price channel on daily chart, suggesting that the bearish movement from 118.66 had completed at 108.13 already. Further rise to test 115.50 resistance is still possible in...
The US dollar has been very choppy during the Monday session, as we continue to consolidate around the 113.50 region. This is an area that has attracted a lot of attention as of late, and I think...
