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 price action in the range could be treated as consolidation of the downtrend...
The USD/JPY pair had a slightly positive session on Friday, as we continue to grind to the upside. With this being the case, it’s very likely that the market will try to reach towards the 104 level,...
The USD/JPY pair initially fell during the day on Thursday but turn right back around to form a fairly bullish candle. That being the case, the market looks as if it is trying to rise from here,...
USDJPY is in downtrend from 104.31. The rise from 101.20 is likely consolidation of the downtrend. Further decline is possible after consolidation, and next target would be at 100.00 area. Key support is at 99.52, a breakdown...
The USD/JPY pair initially fell during the course of the session on Wednesday, but bounced off of the 101.50 level to form a bit of a hammer. The hammer of course is a bullish sign, and a...
USDJPY broke below 102.80 support, indicating that the upward movement from 99.52 had completed at 104.31 already. Further decline to test 99.52 support is possible in a couple of days, a breakdown below this level will indicate...
The USD/JPY pair initially tried to rally during the course of the session on Tuesday, but turn right back around to form a rather negative candle. Ultimately, this is a market that should continue to grind all...
USD/JPY markets fell during the day on Monday, as we continue to see quite a bit of volatility in this pair. I believe that the 102.50 level below is supportive though, so sooner or later the buyers...
USDJPY continued its upward movement from 99.52 and the rise extended to as high as 104.31. Further rise could be expected after a minor consolidation, and next target would be at 106.00 area. Support is now at...
The US dollar initially fell against the Japanese yen but then turn right back around to form a fairly strong green candle. What’s most impressive about the candle is that we broke above the top of the...
