USD/JPY Forecast April 1, 2015, Technical Analysis
The USD/JPY pair fell during the session on Tuesday, but found enough support just below the 120 level to turn things back around and form a bit of a hammer. Because of this, if we can break...
Tag: USDJPY
USDJPY Daily Analysis – April 1, 2015
USDJPY failed to break above 120.50 resistance, and pulled back from 120.36, indicating that the pair remains in downtrend from 122.02, and the rise from 118.33 could be treated as consolidation of the downtrend. Resistance is now...
USD/JPY Forecast March 31, 2015, Technical Analysis
The USD/JPY pair had a very strong session on Monday, slicing through the 120 level during US trading. That being the case, the market looks very bullish and if we can break above the top of the...
USDJPY Daily Analysis – March 31, 2015
USDJPY’s bounce from 118.33 extended to as high as 120.36. Near term resistance is at 120.50, a break of this level will indicate that the downtrend from 122.02 had completed at 118.33 already, then the following upward...
USD/JPY Forecast March 30, 2015, Technical Analysis
The USD/JPY pair had a slightly negative session on Friday, but remains supported by the 119 region. Because of this, we are bullish of this pair, but we do not think that it’s safe to start buying...
USDJPY Daily Analysis – March 30, 2015
USDJPY’s downward movement from 1.2202 extended to as low as 118.33. Further decline would likely be seen after a minor consolidation, and next target would be at 117.00 area. Resistance is at 120.50, only break above this...
USDJPY Weekly Analysis – March 29, 2015
USDJPY remains in uptrend from 101.06 (Jul 10, 2014 low), the sideways movement in the range between 115.56 and 122.02 could be treated as consolidation of the uptrend. Support is at 115.56, as long as this level...
USD/JPY Forecast March 26, 2015, Technical Analysis
The USD/JPY pair fell during the course of the session on Wednesday, but found enough support at the 119 level again to turn things back around and form a hammer for the second day in a row....
USD/JPY Forecast March 25, 2015, Technical Analysis
The USD/JPY pair fell initially during the course of the session, but found enough support to turn things back around and form a hammer. The top of the hammer touches of the 120 level, and as a...
USDJPY Daily Analysis – March 25, 2015
USDJPY broke below 119.29 support, indicating that the downtrend from 122.02 has resumed. Further decline could be expected, and next target would be at 118.00 area. Resistance levels are at 120.50 and 122.02, only break above these...