The USD/JPY pair fell significantly during the course of the session on Tuesday, as it appears we are trying to find significant support below. There is quite a bit of support at the 118.50 level, but quite...
After touching 116.13 support, USDJPY rebounded from 115.97, indicating that the pair remains in long term uptrend from 75.57 (Oct 31, 2011 low), the price action from 125.85 (Jun 5, 2015 high) could be treated as consolidation...
The USD/JPY pair broke higher during the course of the day on Friday as we continue to see quite a bit of volatility due to the fact that the Bank of Japan is suggesting that quantitative easing...
The USD/JPY pair did very little during the day on Thursday, perhaps anticipating the Bank of Japan releasing its monetary policy statement later. However, the one thing that we do recognize that is going on as we...
The USD/JPY pair broke higher during the course of the day on Wednesday, clearing the 118.50 level yet again. We believe that a break above the top of the range during the course of the session from...
The USD/JPY pair fell significantly during the day at first, but turned back around on Tuesday to form a relatively positive candle. If we can break above the recent highs just below the 119 level, we feel...
The USD/JPY pair initially fell during the day on Monday, but found enough support below the 118.50 level to form a bit of a hammer. The hammer of course is a very bullish sign, and a break...
USDJPY broke below 116.13 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 expected after a minor consolidation, and next...
The USD/JPY pair broke higher during the day on Friday, clearing the 118.50 level. In fact, we went above there and closed at the very top of the range which of course is a very bullish sign....
The USD/JPY pair fell initially on Thursday, but turned back around to form a somewhat supportive candle. However, we still see a significant amount of resistance at the 118.50 level above, so we are not ready to...
