USDJPY broke above the downward trend line on 4-hour chart, indicating that the downtrend from 104.31 had completed at 100.08 already. Further rally could be expected, and next target would be at 104.00 zone. Support levels are...
USDJPY is forming a sideways consolidation 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...
The USD/JPY pair went back and forth during the course of the session on Friday, forming a slightly positive candle. Ultimately, I believe that this market will continue to go higher, but I recognize that there is...
The USD/JPY pair rallied during the course of the day on Thursday, testing the 101.75 handle. There is a significant amount of noise just above though, so I feel sooner or later the sellers will probably return....
The EUR/JPY pair initially tried to rally during the day on Wednesday, but turned around to form a bit of a shooting star. Ultimately though, the 100 level below is massively supportive and as that is the...
USDJPY stays below the downward trend line on 4-hour chart. As long as the trend line resistance holds, the pair is in downtrend from 104.31, and the rise from 100.08 could be treated as consolidation of the...
The USD/JPY pair went back and forth during the course of the session on Tuesday, ultimately forming a fairly neutral candle. The neutral candle is only neutral because we are sitting on top of the 100 level...
The USD/JPY pair fell slightly during the course of the day on Monday, as we continue to hover above the 100 level. I believe that the 100 level will be very influential in this market, as the...
USDJPY’s downward movement from 104.31 extended to as low as 100.08. Further decline to test 99.52 (Aug 16 low) support is possible after a minor consolidation. Resistance is at 101.30, only break above this level could bring...
Being contained by 99.52 support, USDJPY rebounded from 100.09. Further rally would likely be seen over the next several days, and next target would be at 103.00 area. Support is at 100.09, only break below this level...
