USDJPY moved sideways in a trading range between 110.97 and 114.87. The price action in the range is likely consolidation of the downtrend from 123.75. Resistance is at 116.00, as long as this level holds, the downtrend...
The USD/JPY pair initially fell during the course of the session on Friday, but turned back around to form a bit of a neutral candle. It now looks as if we are going to try to break...
The USD/JPY pair fell a bit during the course of the session on Thursday, as it looks like we are ready to return to the overall consolidation that we have been in for some time, which means...
The USD/JPY pair initially tried to rally during the course of the day on Wednesday but turned back around and formed a shooting star. This suggests that we are going to continue to go back and forth...
The USD/JPY pair broke higher during the course of the day on Tuesday, suggesting that we’re going to try to reach towards the 115 handle. With that being the case, we are simply going to wait to...
The USD/JPY pair fell slightly during the course of the session on Monday, but found enough support just below to bounce and form a little bit of a hammer. Ultimately, this is a market that has quite...
USDJPY is in consolidation of the downtrend from 123.75. Range trading between 110.97 and 116.00 is possible in a couple of weeks. Resistance is at 116.00, as long as this level holds, the downtrend could be expected...
The USD/JPY pair rose during the course of the session on Friday, testing the 114 area. It looks as if we are going to try to get to the 115 level, and if we can break above...
The USD/JPY pair fell initially during the course of the session on Thursday, but turned back around and form a bit of a hammer. That hammer should suggests that the market could reach all the way up...
The USD/JPY pair went back and forth during the course of the day on Wednesday, as we ended up forming a fairly neutral candle. This neutral candle was towards the bottom of the recent action, so therefore...
