USDJPY broke below 115.97 support, indicating that the long term uptrend from 75.57 (Oct 31, 2011 low) had completed at 125.85 (Jun 5, 2015 high) already. Further decline could be seen over the next several weeks, and...
The USD/JPY pair initially fell during the course of the day on Friday, turning back around to form a hammer. The hammer for the Friday session is preceded by a hammer for the Thursday session. Because of...
The USD/JPY pair fell significantly during the course of the day on Thursday, but found enough support below to turn things back around and form a bit of a hammer. Because of that, it looks as if...
The USD/JPY pair initially tried to rally during the course of the session here on Wednesday, but found the area near 115 to be far too resistive. We ended up continuing the downtrend, and have now broken...
The USD/JPY pair initially tried to rally during the course of the day and break back above the 115 level. However, we found more than enough resistance above there to turn the market back around and form...
The USD/JPY pair fell rather significantly during the course of the session on Monday, testing the 115 level. By doing so, the market looks as if it is testing a very significant amount of support and if...
USDJPY appears to have a made a convincing break below the head and shoulders neckline on its daily time frame. This suggests that the pair could be in for more longer-term losses, possibly amounting to around 900...
USDJPY is facing 115.97 support, a breakdown below this level will indicate that the long term uptrend from 75.57 (Oct 31, 2011 low) had completed at 125.85 (Jun 5, 2015 high) already, then next target would be...
The USD/JPY pair had a fairly neutral session during the day on Friday, as it appears we have found a little bit of support just below the 117 handle. Ultimately, it is a market that is reaching...
The USD/JPY pair broke down during the session on Thursday, as we are starting to slice through the last vestiges of support. Quite frankly, there is a hammer from a couple of weeks back that if we...
