USDJPY broke above 114.95 resistance, indicating that the downward movement from 118.66 (Dec 15, 2016 high) had completed at 111.59 already. The pair is now in uptrend from 111.68, further rise could be expected over the next...
USD/JPY daily chart, March 09, 2017 The USD/JPY pair fell initially during the day on Wednesday, but found enough support underneath the 114 level to shoot the market higher. With a better-than-expected ADP jobs number, the US...
USDJPY is facing 114.95 resistance again. A break of this level will indicate that the pair is in uptrend from 111.68, then the following upward movement could bring price to 117.50 zone. Near term support is at...
USDJPY seems to be tired from its selloff as it formed a double bottom pattern on its 4-hour chart. Price failed in its last two attempts to break below the 111.50 area and might be due for...
USD/JPY daily chart, March 08, 2017 The US dollar rallied a bit against the Japanese yen during a quiet session on Tuesday, as we continue to grind higher. I believe that the 115 level needs to be...
USDJPY failed to break above the 114.95 resistance and stayed in the trading range between 111.59 and 114.95. Another fall would likely be seen in a couple of days, and the support at 111.59 would be retested.
USD/JPY daily chart, March 07, 2017 The USD/JPY pair gapped lower at the open on Monday, but it still sees plenty of support underneath. If we can break above the 115 handle, the market should then reach...
USDJPY is forming a sideways consolidation in a range between 111.59 and 114.95. Another fall to test 111.59 support would likely be seen in a couple of days. Resistance is at 114.95, only break above this level...
USD/JPY daily chart, March 06, 2017 The USD/JPY pair initially fell on Friday but turned around to show signs of strength again. By forming this hammer like candle, looks as if we’re going to push up against...
USDJPY failed to break above 114.95 resistance, indicating that lengthier sideways consolidation in a range between 111.59 and 114.95 is underway. Another fall to test 111.59 support could be seen in a couple of days.
