The USD/JPY pair broke higher during the course of the day on Tuesday, as we continue to find buyers below. With this, we feel that this market should continue to grind its way towards the 124 level,...
The USD/JPY pair initially fell during the day on Monday, but found enough support just above the 120 handle the turn things around and form a bit of a hammer. This hammer of course is a bullish...
USDJPY broke below 122.00 support, indicating that the short term uptrend from 118.16 had completed at 123.75 already. Deeper decline is still possible in a couple of weeks, and the target would be at 118.00 area. Resistance...
The USD/JPY pair fell significantly during the course of the session on Friday, clearing the bottom of the range for the session on Thursday. We believe that this market should then reach down to the 120 handle,...
The USD/JPY pair fell slightly during the course of the day on Thursday as we continue to grind lower. However, we had suggested yesterday that we are simply sitting on the sidelines and waiting for support in...
The USD/JPY pair broke down significantly during the course of the day on Wednesday, finally cracking the bottom of the recent consolidation area that has been intact for a couple of months now. However, we think there...
After being stuck inside a range for quite some time, USDJPY finally picked a direction and broke to the downside. This suggests that further losses might be in the cards for this pair. The range is approximately...
The USD/JPY pair initially fell during the day on Tuesday, but bounced slightly form a bit of a hammer. Ultimately though, we are still very much in the previous consolidation area, so it’s a bit difficult to...
The USD/JPY pair fell after initially trying to rally during the day on Monday, ultimately settling on a very neutral candle. We feel that the US dollar will continue to strengthen over the longer time though, so...
No changed in our view, USDJPY remains in short term uptrend from 118.16, the fall from 123.75 is treated as consolidation of the uptrend. Further rise to test 125.85 resistance is possible, a break of this level...
