USDJPY remains in uptrend from 101.18, the fall from 109.75 is likely consolidation of the uptrend. Range trading between 107.00 and 109.75 would likely be seen in a couple of days. Support is at 107.00, as long...
USDJPY continued its upward movement from 101.18, and the rise extended to as high as 109.33. Further rise is is still possible after a minor consolidation, and next target would be at 110.00 area. Support levels are...
The USD/JPY pair broke down during the day on Monday, clearing the 107.50 level. This is an area that has caused quite a bit of resistance in the past so the fact that we broke above there...
USDJPY has completed its correction to the broken long-term trend line extending all the way back to 1998 so the reversal could resume from here. This coincides with the 50% Fibonacci retracement level on the swing low...
USDJPY’s upward movement from 101.18 extended to as high as 108.54. Further rise could be expected after a minor consolidation and next target would be at 110.00 area. Support levels are at 106.60 and 105.00, as long...
USDJPY is facing 107.48 resistance, a break of this level will indicate that the long term downtrend from 125.85 (Jun 5, 2015 high) had completed at 98.97 already, then further rise to 115.00 area could be seen....
The USD/JPY pair fell at the open on Friday, but did turned around enough to form a nice-looking hammer. The hammer suggests that we are getting ready to trying to press the 108.50 level above that has...
The USD/JPY pair initially fell during the day on Thursday, but found the 105 level to be supportive enough to turn things around and cause a significant bounce. We are now looking at trying to break out...
USDJPY’s upward movement from 101.18 extended to as high as 106.94. Further rise could be expected after a minor consolidation, and next target would be at 108.00 area. Near term support is at 104.90, as long as...
The USD/JPY pair initially collapsed during the day on Wednesday in reaction to the surprise presidential election, but as you can see ended up turning around in forming a massive hammer. We are now where we started...
