USDJPY remains in uptrend from 118.88, the fall from 125.85 is likely consolidation of the uptrend. Further rise could be expected after consolidation, and next target would be at 130.00 area. Support is at 121.50, only break...
The USD/JPY pair went back and forth in a very volatile session on Friday, as the market continues to try to figure out what to do next. We do believe ultimately this pair goes higher though, breaking...
The USD/JPY pair initially rallied during the course of the session on Thursday, but fell backwards a little bit to form something along the lines of a shooting star. With that, the market looks like it is...
The USD/JPY pair broke down significantly during the session on Wednesday, slicing down to the 122.50 handle. However, the market looks as if there is support below, so we are simply going to step on the sidelines...
The USD/JPY pair initially fell during the day on Tuesday, breaking down to the 123.90 level. However, we found enough support in that region again to turn the market back around and form a nice-looking hammer. The...
The USD/JPY pair fell off of a cliff during the session on Monday, slicing back below the 125 handle. By doing so, it formed a very ugly candle and it appears that we are now going to...
USDJPY’s upward movement from 118.88 extended to as high as 125.85. Further rise could be expected after a minor consolidation, and next target would be at 130.00 area. Near term support is at 123.00, as long as...
The USD/JPY pair broke down during the course of the session on Friday as the jobs number came out stronger than anticipated. Because of this, we feel that breaking above the 125 level is of course a...
The USD/JPY pair fell initially during the course of the day on Thursday, but found enough support just below the 124 level to turn things back around and form a hammer. Is because of this that we...
The USD/JPY pair bounced during the course of the session on Wednesday, as we continue to meander between the 124 level on the bottom, and the 125 level on the top. Because of this, we believe that...
