USDJPY stays in a ascending price channel on 4-hour chart and remains in uptrend from 108.13. Near term support is at the bottom of the channel. As long as the channel support holds, the upward movement could...
The USD/JPY pair has been somewhat sideways during the day on Monday, as we continue to try to build up enough momentum to drive higher and finally break above the psychologically important 112 level. The 112 level...
USDJPY’s upward movement from 108.13 extended to as high as 111.97. As long as the pair is in the ascending price channel on 4-hour chart, the upward movement could be expected to continue, and next target would...
USDJPY stays in a ascending price channel on 4-hour chart and remains in uptrend from 108.13. Further rise could be expected after consolidation and next target would be at 113.00 area. Support is located at the bottom...
USDJPY stays in a descending price channel on daily chart and remains in downtrend from 118.66. Resistance is at the top of the channel, as long as the pair is in the channel, the downtrend could be...
The USD/JPY pair rallied on Friday, but found a bit of resistance at the 50-day exponential moving average. Nonetheless, it looks as if we are trying to build up enough momentum to break above the 112 handle,...
USDJPY has been on a climb recently but zooming out to the longer-term charts shows that it’s still on a downtrend. Price is moving inside a descending channel pattern on its daily and 4-hour time frame but...
USDJPY remains in uptrend from 108.13, the fall from 111.77 is likely consolidation of the uptrend. Near term support is at the bottom of the price channel on 4-hour chart. As long as the pair is in...
The USD/JPY pair broke higher during the day on Wednesday as we continue to see quite a bit of buying pressure. This was in reaction to stock markets going higher and we now are finding the market...
USDJPY continued its upward movement from 108.13 and the rise extended to as high as 111.77. Support is at 110.50, as long as this level holds, the uptrend could be expected to continue and next target would...
