USDJPY’s downward movement from 111.57 extended to as low as 108.81. Further decline could be expected in a couple of days, and next target would be at 108.00 area. Resistance is at 109.90, as long as this...
The USD/JPY pair had a very negative session on Tuesday, breaking below the 110 level. It now looks as if we’re going to grind our way down to the 61.8% Fibonacci retracement level, which is 108. It...
USDJPY broke below 110.11 support and continued its downward movement from 115.50. Further decline could be expected in a couple of days, and next target would be at 108.00 area. Key resistance is now at 111.57, only...
The USD/JPY pair tried to rally on Monday but gave back quite a bit of the gains. I think this market continues to consolidate between the 110 level on the bottom and the 112 level on the...
USDJPY continued its sideways movement in a range between 110.11 and 112.19. Resistance is at 112.19, as long as this level holds, the sideways movement could be treated as consolidation of the downtrend from 115.50 and further...
USDJPY stays below a descending trend line on daily chart and remains in downtrend from 118.66. As long as the pair is below the trend line, the downtrend could be expected to continue, and next target would...
The USD/JPY pair fell significantly during the day on Friday after the less than expected jobs number out of America. However, we found enough support at the 50% Fibonacci retracement level again to turn around and form...
The USD/JPY pair initially fell during the trading session on Thursday but found enough support to turn around and form a hammer. It looks as if the 110 level is going to continue to offer support, while...
USDJPY moved sideways in a trading range between 110.11 and 112.19. The sideways movement is likely consolidation of the downtrend from 115.50, further decline could be expected after the consolidation and next target would be at 108.00...
The USD/JPY pair rallied on Wednesday, but continues to find downward pressure above. Ultimately, I believe that the market continues to reach towards the 112 level, but it may be choppy between here and there. Because of...
