The USD/JPY pair fell during the day on Tuesday, testing the 122 region. The 122 level of course is previously supportive, so it would not be surprising at all to see this market bounce from here. We...
The USD/JPY pair fell during the course of the session on Monday, but continues to hang about the consolidation area that we think will be the main driving factor of this pair in the short-term. We believe...
USDJPY continued its short term uptrend from 118.16, and the rise extended to as high as 123.75. Further rise to test 125.85 resistance is possible, a break of this level will indicate that the long term uptrend...
The USD/JPY pair went back and forth during the day on Friday essentially settling nothing. Ultimately though, the market should continue to go higher given enough time, but having said that we recognize that we don’t have...
The USD/JPY pair fell during the day on Thursday, as we tested the 123 handle. We did bounce a little bit towards the end of the session though, so having said that we feel it’s only matter...
The USD/JPY pair had a slightly positive session during the day on Wednesday, but we remain a bit hesitant to throw a lot of money in this market right now. We believe the pullbacks should be buying...
The USD/JPY pair initially fell during the course of the day on Tuesday, but turned back around to form a bit of a hammer. The hammer of course suggests that the market is ready to go higher,...
The USD/JPY pair broke higher during the course of the session on Monday, as we continue to extend the gains for the US dollar. With this being said, it looks as if we are going to try...
USDJPY sold off on Friday but is currently testing support at a rising trend line connecting the lows on the 1-hour time frame. Price could be due for a bounce from here, possibly taking it up to...
USDJPY’s upward movement from 116.13 extended to as high as 123.60. Further rise to test 125.85 resistance is possible, a break of this level will indicate that the long term uptrend from 75.57 (Oct 31, 2011 low)...
