After consolidation, USDJPY broke below 110.97 support, indicating that the downtrend from 123.75 has resumed. Further decline could be expected over the next several weeks, and next target would be at 105.00 area. Resistance is at 114.87,...
The USD/JPY pair broke higher during the day here on Wednesday, but we still remain well within the consolidation area that we have been in recently, and as a result there isn’t much to do in this...
The USD/JPY pair fell during the course of the day on Tuesday, but found enough support below the 113 level to turn things back around and form a hammer. This simply means that we’re going to continue...
The USD/JPY pair fell slightly during the course of the day on Monday, as we continue to bounce around in the consolidation area that been so important in this market. With that being the case, it looks...
USDJPY continued its sideways movement in a range between 110.97 and 114.87. As long as 116.00 resistance holds, the price action in the trading range could be treated as consolidation of the downtrend from 123.75, further decline...
The USD/JPY pair did almost nothing during the course of the session on Friday as we continue to consolidate overall. With this, the market is probably going to simply sit in this area, so we don’t have...
The USD/JPY pair initially tried to rally during the day on Thursday, but turn right back around to form a fairly negative candle. At the end of the day though, we are still well within the tolerance...
The USD/JPY pair initially fell during the day on Wednesday but turned back around to form a bit of a supportive candle as the 112 level continues offer support. Ultimately, the market should grind its way towards...
The USD/JPY pair fell during the day on Monday, dropping towards the 112.50 level. The market looks as if it is continuing to consolidate between the 112 level on the bottom, and the 115 level on the...
The USD/JPY pair fell just a little bit during the course of the session here on Monday, but we are still very much in the way of consolidation, so having said that it is probably best to...
