The USD/JPY pair initially broke down below the 120 level during the course of the session on Tuesday, but found enough support below to turn things back around and form a massive hammer. Because of this, the...
The USD/JPY pair fell during the course of the day on Monday, but found enough interest in buying at the 120 level to turn things back around and form a little bit of a hammer. This hammer...
USDJPY remains in uptrend from 116.13, the fall from 121.62 could be treated s correction of the uptrend. Another rise to test 125.85 resistance is possible after correction. Key support is at 116.13, only a break below...
The USD/JPY pair fell slightly during the course of the session on Friday, but we do continue to look fairly positive. We believe that if we do fall from here, people will look at it as potential...
The USD/JPY pair initially tried to rally during the course of the day on Thursday, but found a bit of resistance and pulled back to form a shooting star. This of course is a negative sign, but...
The USD/JPY pair broke higher during the day on Wednesday, as we continue to consolidate between the 118.50 level and the 122 level. With this, we feel that any pullback at this point in time is probably...
The USD/JPY pair broke higher during the course of the session on Tuesday, breaking above the 120 level. However, that area offered a bit too much in the way of resistance and we feel that a pullback...
The USD/JPY pair initially fell during the course of the session on Monday, but turned back around to form a hammer. With that being the case, the market looks as if it is ready to bounce again,...
USDJPY is now in uptrend from 116.13, the fall from 121.62 is likely correction of the uptrend. As long as 116.13 support holds, the uptrend could be expected to resume, and further rise to test 125.85 resistance...
The USD/JPY pair fell initially during the day on Friday, as the jobs number missed the anticipated 217,000 jobs added during the month of August. However, there were underlying factors that suggested perhaps the employment situation was...