USDJPY is testing that resistance of the downward trend line on daily chart. A clear break above the trend line resistance will indicate that the downtrend from 123.75 (Nov 18, 2015 high) had completed at 98.97 already,...
The USD/JPY pair fell during the day on Thursday, testing the 105 level. This is an area that previously had been resistive and should now offer a bit of support. A supportive candle at this point in...
The USD/JPY pair initially tried to fall during the course of the day on Wednesday but turned right back around to form a bullish candle. With this, the market looks as if it is ready to continue...
The USD/JPY pair went back and forth during the course of the session on Tuesday, testing the 105 level as support. If we can break above the top of the neutral candle for the day on Tuesday,...
The USD/JPY pair rose slightly during the day on Monday, as we continue to see this market try to reach well above the 105 level. If we can break above the top of the shooting star from...
USDJPY is facing the resistance of the downward trend line on daily chart. As long as the trend line resistance holds, the bounce from 98.97 could be treated as consolidation of the downtrend from 123.75 (Nov 18,...
The USD/JPY pair broke out to the upside during the course of the session on Tuesday, showing real strength as we approached the 105 level. This is an area that should cause quite a bit of resistance,...
The USD/JPY pair broke higher during the course of the day on Monday, as the Japanese got an opportunity to react to the better than anticipated jobs number out of America. The 103 level above will be...
The USD/JPY pair has gone back and forth during the course of the session on Friday, and with this being the case it’s likely that we are starting to hesitate now that we get close to the...
USDJPY remains in downtrend from 123.75, the rise from 98.97 is likely consolidation of the downtrend. Resistance is located at the downward trend line on daily chart, as long as the trend line resistance holds, the downtrend...
