USDJPY is forming a sideways consolidation in a range between 98.97 and 107.48. As long as 107.48 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 123.75 (Nov 18, 2015 high). Lengthier...
The USD/JPY pair initially tried to rally during the course of the session on Thursday, but turn right back around to form a shooting star. Because of this, if we break down below the bottom of the...
The USD/JPY pair broke higher during the course of the session here on Wednesday, as we continue to go to the upside. The 105 level above is the longer-term target, and I believe that pullbacks will continue...
USDJPY’s upward movement from 99.52 extended to as high as 103.22. Further rise is still possible over the next several days, and next target would be at 106.00 area. Support is at 101.70, only break below this...
The USD/JPY pair broke higher during the course of the session on Tuesday, breaking above the top of the shooting star from the Monday session. Because of this, I believe that the market is going to continue...
The USD/JPY pair rallied slightly during the course of the session on Monday, but as you can see is still struggling a little bit. However, I do believe that eventually the US dollar continues to grind higher...
USDJPY failed to break below 98.97 (Jun 24, 2016 low) support and rebounded strongly from 99.52, indicating that the downward movement from 107.48 had completed. Further rally could be expected in a couple of days, and next...
The USD/JPY pair initially fell during the course of the day on Friday, but bounced off of the 100 level yet again. By doing so, we ended up forming a very bullish looking candle in a think...
USDJPY failed to break below 98.97 support, indicating that lengthier consolidation for the downtrend from 123.75 (Nov 18, 2015 high) is needed. Range trading between 98.97 and 107.48 would likely be seen over the next several weeks....
The USD/JPY pair initially fell during the course of the day on Thursday, but turned right back around to form a bit of a hammer. Because of the 100 level below, I believe that it’s only a...
