The USD/JPY pair fell during the course of the session on Thursday, testing the 120 handle. However, we had enough support at that area to turn the market back around and keep the market somewhat afloat. With...
The USD/JPY pair fell during the course of the day on Wednesday, but found enough support at the 120 level to keep the market afloat. Ultimately, if we can break above the top of the hammer for...
The USD/JPY pair fell during the course of the session on Tuesday, breaking below the 120 level at one point. However, we would anticipate the buyers should come back into this marketplace, so if we are going...
USDJPY remains in long term uptrend from 75.57 (Oct 31, 2011 low), the fall from 125.85 is likely consolidation of the downtrend. Range trading between 116.13 and 125.85 would likely be seen over the next several weeks....
The USD/JPY pair fell slightly during the course of the day on Tuesday, but as you can see continues to hover around the 120 level. By doing so, it looks like the market is trying to find...
USDJPY failed to break above 125.85 resistance, indicating that lengthier consolidation for the uptrend from 115.56 is needed. Range trading between 120.41 and 125.85 would likely be seen over the next several weeks. Support is at 120.41,...
The USD/JPY pair broke down during the course of the day on Friday, slicing into the 122 handle. With this, it looks like we’re going to test the uptrend line, so we are looking for some type...
The USD/JPY pair initially tried to rally during the course of the session on Wednesday, but turned back around to form a rather negative candle. By doing so, we ended up forming a bit of shooting star...
The USD/JPY pair initially fell during the course of the session on Tuesday, but found support yet again and formed a nice-looking hammer. This hammer of course is a signal that we are going to continue to...
USDJPY is facing 125.85 resistance, a break of this level will confirm that the uptrend from 115.56 has resumed, then next target would be at 130.00 area. Near term support is at 123.00, only break below this...