USDJPY failed to break above 104.31 resistance. However, another rise to test this level is still possible after a minor consolidation. Support is at 102.30, only break below this level could bring price back to 100.50 zone.
USDJPY continued its sideways movement in a range between 98.97 and 107.48. Key resistance is at 107.48, as long as this level holds, the sideways movement could be treated as consolidation of the downtrend from 123.75 (Nov...
The USD/JPY pair fell during the course of the day on Friday, forming a somewhat negative candle. I believe that the market will continue to go higher though, so at this point in time I look for...
The USD/JPY pair rose again during the course of the session on Thursday, and as a result it should go looking for the 105 level. Keep in mind that the market is very sensitive to the jobs...
USDJPY recently broke outside its descending triangle pattern visible on the 4-hour time frame. Price found resistance around the 104.00 handle and might be ready for a pullback to the broken triangle resistance at the 101.50 minor...
The USD/JPY pair broke higher during the course of the session on Wednesday, as we have broken above the 103 level. Ultimately, I think the market could very well try to reach towards the 105 handle and...
USDJPY’s upward movement from 100.08 extended to as high as 103.66. Further rise could be expected after a minor consolidation, and next target would be at 106.00 area. Support is at 102.50, as long as this level...
The USD/JPY pair broke higher during the course of the day on Tuesday, testing the 103 level. I believe that this market will continue to rally due to the fact that the Bank of Japan is sitting...
USDJPY seems to be establishing bullish momentum as price started to break above the descending triangle resistance visible on its 4-hour chart. The chart pattern is approximately 700 pips tall so the resulting breakout could be of...
The USD/JPY pair has fallen during the course of the session initially on Monday, but then turn right back around to form a bit of a hammer. The hammer of course is a bullish sign and I...
