USDJPY continued its sideways movement in a range between 98.97 and 107.48. As long as 107.48 resistance holds, the price action in the trading range could be treated as consolidation of the downtrend from 123.75 (Nov 18,...
The USD/JPY pair went back and forth during the course of the session on Friday, ultimately settling on a neutral candle. At the Queen a pullback from here, but at this point in time the 100 level...
The USD/JPY pair initially fell during the course of the session on Thursday, but found enough support near the 100 level to turn things back around and reach towards the 101 level. I think we will eventually...
USDJPY broke below 101.20 support and reached as low as 100.09. Further decline to test 99.52 support is still possible. Resistance is at 102.00, only break above this level will indicate that the downward movement from 104.31...
USDJPY suffered a sharp selloff after the BOJ and FOMC policy decisions. Price is now moving close to the bottom of its descending triangle pattern visible on the 4-hour time frame. Another bounce off the 100.00 major...
After touching 101.20 support, USDJPY rebounded strongly from 101.00. Further rise to test 104.31 resistance could be expected over the next several days, a break of this level will signal resumption of the uptrend from 99.52, then...
The USD/JPY pair initially fell during the day but the market turn right back around to form a bit of a hammer. That hammer of course suggests that we are going to see a little bit of...
The USD/JPY pair fell slightly during the course of the session on Monday, testing the 101.50 level. This is an area that would be slightly supportive, but I believe that there is quite a bit of support...
USDJPY stayed in the trading range between 101.20 and 103.35 for several days. Support is at 101.20, a breakdown below this level could bring price to test 99.52 support. Resistance is at 103.35, only break above this...
USDJPY stayed in a trading range between 98.97 and 107.48 for several months. As long as 107.48 resistance holds, the price action in the trading range could be treated as consolidation of the downtrend from 123.75 (Nov...
