USDJPY broke above 104.63 resistance, indicating that the uptrend from 100.08 has resumed. Further rise could be expected in a couple of days, and next target would be at 106.00 area. Support is at 103.75, only break...
The USD/JPY pair initially fell during the day on Monday, but turned around to form a green and bullish candle. However, we have not broken out and I still think that there is a significant amount of...
USDJPY is facing 104.63 resistance, a break of this level will indicate that the uptrend from 100.08 has resumed, then further rise to 106.00 area could be seen. On the other side, as long as 104.63 resistance...
USDJPY continued its sideways movement in a range between 102.81 and 104.63. Key support is at 102.81, as long as this level holds, the sideways movement could be treated as consolidation of the uptrend from 100.08, and...
USDJPY moved sideways in a range between 98.97 and 107.48. As long as 107.48 key resistance holds, the downtrend from 123.75 (Nov 18, 2015 high) could be expected to continue, and next target would be at 90.00....
The USD/JPY pair initially fell during the course of the session on Friday, but turn right back around to form a bit of a hammer. If we can break above the top of the hammer, the market...
The USD/JPY pair rallied during the day on Thursday, but as you can see there is still an area of resistance just above that we cannot get past at the moment. If we can break above the...
The USD/JPY pair fell during the course of the day on Wednesday, as we continue to go back and forth overall. The 103 level seems to be supportive in general, so it’s likely that sooner or later...
The USD/JPY pair went back and forth during the course of the session on Tuesday, forming a fairly neutral candle. Ultimately, there is a significant amount of support just below, so I don’t have any interest in...
USDJPY is forming a sideways consolidation in a rang between 102.81 and 104.63. As long as 102.81 support holds, the uptrend from 100.08 could be expected to resume, and further rise to 106.00 area is possible. On...
