Tag: USDJPY

The USD/JPY pair did nothing during the day on Monday, as we continue to hover just above the 102 level. With this being the case I think that the market will continue to try to find support...

The USD/JPY pair did nothing during the day on Monday, as we continue to hover just above the 102 level. With this being the case I think that the market will continue to try to find support...

The USD/JPY pair broke down during the day on Friday, slicing through the bottom of the hammer from Thursday. Because of this, the market looks as if it is going to try to reach down to the...

The USD/JPY pair went back and forth during the course of the session on Thursday, as we continue to hang about the 105 level. With this, the market looks as it could continue to find a lot...

The USD/JPY pair initially rallied during the course of the day on Wednesday but found enough resistance above to give up about half of the gains. Nonetheless, I believe it’s only a matter of time before we...

The USD/JPY pair fell initially during the course of the session on Tuesday, but bounced enough to form a bit of a hammer. The 105 level continues to ask supporters to come into the marketplace, and a...

The USD/JPY pair initially rallied during the course of the session on Monday, but turned right back around to form a shooting star. The shooting star of course is a negative sign, and we could drop down...

The USD/JPY pair initially tried to rally during the course of the session on Friday, but stalled in the middle of the day. At this point in time, looks as if the 105 level will be tested...

USDJPY has been trending lower on its longer-term time frames, moving inside a descending channel on its daily time frame. Price is currently testing the channel resistance at the 106.50-107.00 area, which lines up with a former...