The USD/JPY pair initially fell during the course of the session on Monday, but found enough support at the 106 level to turn things around and form a nice-looking hammer. If we can break above the top...
USDJPY stayed in the trading range between 105.54 and 111.88. As long as 111.88 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 123.75, and further decline to 100.00...
The USD/JPY pair initially fell during the day on Friday but turned right back around to form a hammer. The hammer of course is a bullish sign, which of course was preceded by a hammer on Thursday...
The USD/JPY pair fell during the course of the session on Thursday, but bounced enough to form a bit of a hammer. That’s a very bullish sign, and as a result it’s likely that we could bounce,...
The USD/JPY pair fell a bit during the day on Wednesday, but did bounce before was all said and done. Because of this, looks like we are ready to consolidate at this point in time. We have...
The USD/JPY pair initially tried to rally during the day on Tuesday but turned around form a shooting star. This of course is a negative sign, and we have recently had a bit of a meltdown in...
The USD/JPY pair rose during the day on Monday, bouncing off of the bottom of the massive candle to the downside that formed on Friday. That being the case, I feel that this market will probably continue...
USDJPY is facing 105.54 support, a breakdown below this level will indicate that the downtrend from 123.75 has resumed, then next target would be at 100.00 area. Key resistance is at 111.88, only break above this level...
The USD/JPY pair fell significantly during the course of the day on Friday, breaking below the 106 level. We closed at the very bottom of the range and therefore I think that we should get continuation to...
The USD/JPY pair fell significantly during the day on Thursday again, but there is still quite a bit of support at the 108.50 level, and as a result we did bounce a bit. Ultimately, this is a...
