USDJPY broke above 120.36 resistance, indicating that the downward movement from 122.02 had completed at 118.33 already. Further rise could be expected, and next target would be at 121.50 area. Support is at 119.50, only break below...
The USD/JPY pair broke higher during the course of the session on Monday, as the buyers step back in. However, we believe that this is a market you can’t short anyway, so quite frankly we believe in...
USDJPY moved sideways in a trading range between 118.33 and 120.36. As long as 120.36 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 122.02, further decline to 116.50...
USDJPY is facing 118.33 support, a breakdown below this level will indicate that the downtrend from 122.02 has resumed, then next target would be at 116.50 area. Key resistance is at 120.36, only break above this level...
USDJPY continued its sideways movement in the range between 115.56 and 122.02. Support is at 115.56, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend from...
The USD/JPY pair fell during the session on Friday after a less than stellar jobs number out of the United States. Having said that though, this is a market that has plenty of support below, especially near...
The USD/JPY pair did very little during the session on Thursday, as one would expect because of the nonfarm payroll numbers coming out during the day today. The 120 level above is still resistive, but we do...
USDJPY is in downtrend from 122.02, the rise from 118.33 could be treated as consolidation of the downtrend. Resistance is at 120.36, as long as this level holds, the downtrend could be expected to continue, and next...
The USD/JPY pair tried to rally during the course of the day on Wednesday, but found far too much in the way of resistance above the 120 level. With that being the case, the market ended up...
USDJPY remains in downtrend from 122.02, the rise from 118.33 is likely consolidation of the downtrend. Resistance is at 120.36, as long as this level holds, the downtrend could be expected to resume, and further decline to...
