USDJPY stays below the downward trend line on daily chart, and remains in downtrend from 123.75 (Nov 18, 2015 high). As long as the trend line resistance holds, the downtrend could be expected to continue, and next...
The USD/JPY pair initially tried to rally during the course of the session on Thursday, but turned back around to form a bit of a shooting star. The shooting star of course is a negative sign, but...
The USD/JPY pair fell during the course of the session on Wednesday, but at this point in time I believe that there is quite a bit of a “floor” in this market near the 100 level. Because...
The USD/JPY pair initially tried to rally during the day but then turned right back around form a bit of a slightly negative candle. However, I believe that there is more than enough support below to continue...
The USD/JPY pair rallied during the course of the session on Monday, and as a result I believe it is only a matter time before the buyers return and give us an opportunity to gain from the...
The USD/JPY pair rallied a bit during the course of the session on Friday as the US jobs number came out stronger than anticipated. Because of this, looks like we could bounce a bit and you should...
USDJPY remains in downtrend from 123.75 (Nov 18, 2015 high). Further decline could be expected after a minor consolidation, and next target would be at 95.00 area. Near term resistance is at the downward trend line on...
The USD/JPY pair went back and forth during the course of the session on Thursday, as they continue to push this market back and forth. The 100 level below is massively supportive, and I believe that the...
The USD/JPY pair initially drifted lower during the course of the session on Wednesday, but bounced enough to form a bit of a hammer. The hammer of course is likely to be a sign of support, and...
The USD/JPY pair initially tried to rally during the course of the session on Tuesday, but turned around to form a very negative candle. This negative candle looks very much like a market that’s trying to reach...
