The USD/JPY pair rallied on Wednesday, as we continue to see quite a bit of bullish pressure. The 115 level underneath should offer “a bit of a floor” in this market. I think that we are eventually...
The USD/JPY pair bounced off the 117 level to continue the uptrend on Tuesday as traders came back from the Christmas holiday. We have broken the downtrend line of a descending triangle, so this shows that there...
USDJPY moved sideways in a narrow range between 116.54 and 118.66. As long as 116.54 support holds, the price action in the range could be treated as consolidation of the uptrend from 101.18, and further rise to...
USDJPY remains in uptrend from 101.18, the fall from 118.66 is likely consolidation of the uptrend. Key support is at 114.73, as long as this level holds, the uptrend could be expected to continue and next target...
The USD/JPY pair went back and forth during the day on Thursday, as it looks like we are running out of steam. Ultimately, I do believe that the buyers returned but we need a pullback to pick...
The USD/JPY pair initially fell on Wednesday but found enough support underneath to turn things back around and form a hammer. That suggests that we are going to continue to go higher, perhaps reaching towards the 120...
The USD/JPY pair rallied on Tuesday, as we continue to see quite a bit of volatility in this pair. This is a market that continues to find buyers every time we drop, because of the relative “value”...
USDJPY remains in uptrend from 101.18, the fall from 118.66 could be treated as consolidation of the uptrend. Key support is at 114.73, as long as this level holds, the uptrend could be expected to continue, and...
The USD/JPY pair fell on Monday, as we continue to see a lot of action in this market. Quite frankly, this is a market that is overextended at this point, so I like the idea of the...
USDJPY is still trending higher, moving above an ascending trend line on its 1-hour time frame and gearing up for a test of support. Applying the Fib tool on the latest swing low and high shows that...
