USDJPY is in consolidation of the long term uptrend from 75.57 (Oct 31, 2011). Range trading between 120.00 and 125.85 would likely be seen over the next several weeks. As long as 120.00 support holds, one more...
The USD/JPY pair went back and forth during the course of the session on Thursday, essentially forming a rather neutral candle. The 123.50 level seems to be a bit of an epicenter of the range, but we...
USDJPY is starting to move sideways on its 1-hour time frame, as resistance at the 124.25 level held. Price is now moving back to the bottom of the range near the 122.50 minor psychological support. Stochastic is...
The USD/JPY pair tried to break out during the session on Wednesday, but as you can see turned back around to form a shooting star. The shooting star of course is one of the more negative signs...
The USD/JPY pair broke higher during the course of the session on Monday, clearing the 123 handle. With that being the case, we feel that the market will probably try to work its way back towards the...
USDJPY remains in uptrend from 75.57 (Oct 31, 2011), the fall from 125.85 is likely consolidation of the uptrend. Range trading between 120.00 and 125.85 is possible over the next several weeks. As long as 120.00 support...
The USD/JPY pair initially rallied during the course of the session on Friday, but turned back around to test the bottom of the hammer that formed on Thursday. Nonetheless, we find yourselves simply consolidating, and it is...
The USD/JPY pair had a volatile session on Monday as the FOMC meeting minutes were released. This is typical during an interest-rate decision, but quite frankly the market ended up doing nothing. In other words, we don’t...
The USD/JPY pair did very little during the session on Wednesday, as we continue to bounce around the 123 handle. We ultimately believe that this market goes higher given enough time though, so we don’t have any...
The USD/JPY pair initially broke higher during the session on Monday, but continues to see a lot of consolidation in this general vicinity. However, this isn’t a market that we are willing to sell. We are simply...
