The USD/JPY pair broke above the 105 level during the day on Tuesday, as we have a significant amount of resistance above. If we can break above the 105.50 level, that’s a very bullish sign and should...
USDJPY remains in downtrend from 105.53. Further decline could be expected over the next several days, and next target would be at 100.50 area.
USDJPY is trending higher, moving inside an ascending channel on its 4-hour time frame. Price just bounced off the resistance late last week and is pulling back towards support at the 102.00 major psychological level. The pair...
USDJPY remains in downtrend from 105.53, the bounce from 102.54 is likely correction of the downtrend. Another fall could be expected after correction, and next target would be at 100.50 area.
USDJPY continued its sideways movement in a range between 98.97 and 107.48. Another fall to test 98.97 support would likely be seen, a breakdown below this level will signal resumption of the long term downtrend from 125.85...
The USD/JPY pair had a very neutral candle form for the Friday session after the jobs number came out. It now looks as if the 103 level is going to continue to offer support, so if we...
The USD/JPY pair initially fell during the day on Thursday but turned around at the 103 level to form a bit of a hammer. The hammer of course is a bullish sign, and if we can break...
USDJPY’s downward movement from 105.53 extended to as low as 102.54. Further decline is still possible after a minor consolidation, and next target would be at 101.00 area. Resistance is at 104.25, as long as this level...
The USD/JPY pair fell significantly during the session on Wednesday, as we reach down towards the 103 level. This is an area that should be supportive again, and therefore I’m looking for a supportive candle in order...
USDJPY broke below 103.16 support, indicating that the upward movement from 100.08 (Sep 27 low) had completed at 105.53 already. Deeper decline could be expected after a minor consolidation, and next target would be at 101.00 area....
