The USD/JPY pair bounced back and forth during the day on Monday, as the 120 level continues to offer a bit of support psychologically. Quite frankly, the market looks as if there is support all the way...
USDJPY’s downward movement from 123.75 extended to as low as 120.24. Further decline could be expected in a couple of weeks, and the target would be at 118.00 area. Resistance is at 123.75, only break above this...
The USD/JPY pair fell during the course of the session on Thursday, as we continue to grind our way down to the 120 handle. Because of this, we feel it’s only a matter of time before the...
The USD/JPY pair did very little during the day on Wednesday, as we continue to hover just above the 120.50 level. That’s the area where significant noise begins all the way down to the 118.50 level. At...
The USD/JPY pair fell a bit during the course of the session on Tuesday, testing the 120.50 level. Ultimately, this market looks as if it has a time of support just below, so having said that we...
The USD/JPY pair went back and forth during the course of the day on Monday, hovering around the 121 handle. While the candle does look a bit negative, the reality is that there is a significant amount...
USDJPY is in short term downtrend from 123.75. Deeper decline is still possible next week, and the target would be at 118.00 area. Resistance is at 123.75, only break above this level could trigger another rise towards...
The USD/JPY pair fell significantly during the course of the session on Friday, breaking down below the bottom of the shooting star that formed on Thursday. However, we see plenty of support just below, so having said...
The USD/JPY pair fell initially during the course of the session on Thursday, and then turned around to form a fairly bullish candle. If we can break above the top of the range for the Thursday session...
The USD/JPY pair initially tried to rally during the day on Wednesday, but turned back around as traders awaited the FOMC Statement. As we write this before that announcement, we look at this market as to regions....
