USDJPY has been trending lower recently, moving below a descending trend line connecting the latest highs of price action on the 1-hour chart. Price is currently testing this trend line and might be due for another drop....
The USD/JPY pair fell during the day but found a little bit of support during the session in order to show that the 112 level has some bearing on the market. If we can break down below...
The USD/JPY pair went back and forth during the course of the day on Monday, as we continue to hover around the 113 handle. This is a market that we are expecting to see quite a bit...
USDJPY remains in downtrend from 123.75, the rise from 110.97 could be treated as consolidation of the downtrend. Resistance is at 115.00, as long as this level holds, the downtrend could be expected to continue, and next...
The USD/JPY pair went back and forth on Friday, showing quite a bit of reluctance to make any real move. Ultimately, this is a market that should continue to go lower, but we also recognize that a...
The USD/JPY pair fell slightly during the course of the day on Thursday, as we continue to see a bit of softness in this pair. However, there is a significant amount of support below so we do...
The USD/JPY pair had a slightly positive candle form during the day on Wednesday, but quite frankly it looks as if the 115 level continues to be very resistive. Because of this, looks like we are simply...
The USD/JPY pair fell during the course of the day on Tuesday, as the 115 level proved to be far too resistive. If we can break down below the bottom of the range for the session on...
The USD/JPY pair rose during the course of the day on Monday, as we reach towards the 115 handle. This is an area where we anticipate quite a bit of resistance to show itself again, so we...
USDJPY has been trending lower in the past few days, moving below a descending trend line on its 1-hour time frame. Price looks ready to test this falling resistance area once more, as this lines up with...
