The USD/JPY pair fell significantly during the course of the day on Wednesday, slicing back through the 110 level. At this point in time though, there seems to be quite a bit of support just below so...
The USD/JPY pair initially tried to rally during the day on Tuesday, but just as we did on Monday, we turned right back around form a shooting star. Now that we have 2 consecutive shooting stars in...
The USD/JPY pair initially tried to rally during the course of the day on Monday, but found the area near the 111.50 level to be a bit too resistive. The resulting shooting star candle suggests that we...
USDJPY has been trending higher recently, moving inside a rising channel pattern on the 1-hour time frame. Price just came off a test of resistance and might be ready for a pullback to the channel support, which...
USDJPY is forming a sideways consolidation in a range between 105.54 and 111.88. As long as 111.88 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 123.75, one more fall to 100.00...
The USD/JPY pair initially fell during the day on Friday, but then shot higher and above the 110 handle. This is a market that continues to see quite a bit of support underneath this area, so with...
The USD/JPY pair went back and forth during the course of the day on Wednesday, as we continue to be attracted to the 110 handle. If we can break above the top of the shooting star from...
The USD/JPY pair initially fell on Tuesday, but found enough support near the 109 level to turn things back around and reach towards the 110 level. If we can break above there, the market could very well...
The USD/JPY pair fell during the day on Monday, as the 110 level has proven to be a bit too resistive. Because of this, it shows that we are going to struggle to get above there. However,...
USDJPY broke above the downward trend line on daily chart. However, as long as 111.88 resistance holds, the rise from 105.54 could be treated as consolidation of the downtrend from 123.75, another fall towards 100.00 is still...
