The USD/JPY pair bounced during the day on Friday as the employment numbers came out much stronger than anticipated. When the US jobs numbers go up, it’s quite common for this pair to do the same. It...
The USD/JPY pair fell apart during the day on Thursday as we sell broad US dollar selling. However, this was predicated mainly upon the European Central Bank not offering as much stimulus as anticipated, and as a...
The USD/JPY pair initially tried to rally during the course of the session on Tuesday, but pulled back at the 123 level as we sell quite a bit of resistance. Ultimately, this market is consolidating and we...
USDJPY has been moving sideways on the short-term time frames, still waiting for more catalysts to spur a trend in either direction. At the moment, price is approaching the top of its range around the 123.75 level....
The USD/JPY pair rose during the day on Monday, as we continue to consolidate in the area that we have been stuck in for a couple of weeks now. Ultimately though, we believe that the nonfarm numbers...
USDJPY remains in short term uptrend from 118.16, the fall from 123.75 is likely consolidation of the uptrend. Further rise to test 125.85 resistance is still possible, a break of this level will signal resumption of the...
The USD/JPY pair initially fell during the day on Friday, but then turned around to form a bit of a hammer. The 122 level below is massively supportive in our opinion, as we continue to consolidate between...
The USD/JPY pair rose slightly during the course of the session on Thursday, but you have to keep in mind that it was a fairly illiquid market as the Thanksgiving holiday was celebrated in the United States....
USDJPY has been climbing recently but a reversal pattern just formed, indicating that a downtrend might be next. Price made a double top pattern on the 4-hour time frame and is currently testing the neckline at the...
The USD/JPY pair initially broke higher during the course of the session on Wednesday, and turned back around to form a bit of a shooting star. The shooting star of course offers a bit of a negative...
