The USD/JPY pair fell slightly during the course of the session on Thursday, but at this point in time I believe that the market is essentially just trying to rest before we get the vital Nonfarm Payroll...
The USD/JPY pair initially fell during the course of the day on Wednesday but found the 100 level below is no support to turn things back around and form a bit of a hammer. Ultimately, I believe...
The USD/JPY pair had a negative session during the day on Tuesday, but at this point in time I am very hesitant to short this market. The main reason for that is the Bank of Japan has...
The USD/JPY pair did very little during the course of the day on Monday, and as a result I am simply standing on the sidelines when it comes to the Japanese yen. On top of that, we...
The USD/JPY pair fell slightly during the course of the session on Friday, but quite frankly there is quite a bit of support just below. On top of that, you have to worry about whether or not...
USDJPY stays below the downward trend line on daily chart, and remains in downtrend from 123.75. As long as the trend line resistance holds, the rise from 98.97 could be treated as consolidation of the downtrend. Further...
The USD/JPY pair initially fell during the day on Thursday, but turned back around to form a bit of a hammer. If we break above the top of the hammer, the market more than likely will try...
The USD/JPY pair rose during the day on Tuesday, as there was more of a “risk on” type of move in the financial markets. However, there is still one out there that could move the markets in...
The USD/JPY pair had a very volatile session on Monday, chopping around in a fairly tight range. At this point in time, the Bank of Japan has not officially announced that it has intervened in the currency...
USDJPY’s downward movement from 123.75 extended to as low as 98.97. Further decline could be expected after a minor consolidation, and next target would be at 95.00 area. Resistance is at the downward trend line on daily...