Tag: USDJPY

Resistance at the top of the USDJPY range on the 4-hour time frame kept gains in check, pushing the pair back to the middle of the range. Price could be headed back to the bottom of the...

The USD/JPY pair initially broke higher during the course of the day on Tuesday, but found so much in the way of resistance at the 120.50 level that we turned back around to form a massive shooting...

USDJPY is testing the top of the range forming on its 4-hour time frame, indicating that a move lower is likely.  Price is having difficulty breaking past the resistance around the 120.50 minor psychological level and may...

The USD/JPY pair initially tried to rally during the course of the session on Monday, but as you can see really kind of failed to pick up any type of momentum going higher. With that, the market...

The USD/JPY pair broke higher during the day on Friday, as we continue to grind our way back towards the top of consolidation. We closed above the 120 level, and that of course is bullish. Ultimately, we...

The USD/JPY pair initially fell during the course of the session on Thursday, but found support near the 118.50 level yet again. Because of this, it appears that the market is ready to continue going higher, and...

The USD/JPY pair went back and forth during the day in a very volatile session as the GDP numbers missed, and the Federal Reserve statement was less dovish than anticipated. With that, the market continues to meander...

The USD/JPY pair fell during the day on Tuesday, as we continue to test for support. With that being the case, the market looks as if it is going to find buyers in this general vicinity, so...

The USD/JPY pair tried to rally during the course of the day on Monday, but got turned back around near the 119.50 region. Because of this, the market ended up forming a massive shooting star, which of...