The USD/JPY pair initially fell during the course of the session on Thursday, but turned back around to form a little bit of a hammer. That being the case, the hammer sits just below the 120 handle,...
The USD/JPY pair did very little during the course of the day on Wednesday, as we continue to hang about the 120 level. This is the level that has been attracting traders for some time, and as...
The USD/JPY pair initially fell during the course of the session on Tuesday, testing the 120 handle. With this being the case, we found enough buyers below to turn things back around and form a bit of...
The USD/JPY pair shot higher during the course of the session on Monday, the 120 level offering support. With that being the case, the market looks as if it is ready to reach towards the 121 handle,...
USDJPY continued its sideways movement in a narrow range between 118.58 and 121.62. As long as 118.58 support holds, the sideways movement could be treated as consolidation of the uptrend from 116.13, further rise to 125.00 area...
The USD/JPY pair fell significantly during the course of the session on Friday, but found enough buyers below to turn things back around and form a massive hammer. On a break above the top of the hammer,...
The USD/JPY pair fell during the course of the session on Thursday, as we continue to bounce around the 120 handle. With that being the case, the market looks as if it is simply going sideways, and...
The USD/JPY pair tried to rally during the course of the day on Wednesday, but struggled above the 120 level. Ultimately, we pullback enough to form a shooting star and it now appears that the market simply...
The USD/JPY pair went back and forth during the course of the day on Tuesday, testing the 120 level for resistance. We initially did have a bit of strength, but ultimately we ended up forming a fairly...
The USD/JPY pair fell during the day on Monday, as we continue to bounce around the 120 handle. There is a larger triangle or wedge pattern if you will, and as a result we believe that this...