USDJPY moved sideways in a narrow range between 120.66 and 122.02. As long as 120.66 support holds, the price action in the range could be treated as consolidation of the uptrend from 118.23, another rise to 125.00...
The USD/JPY pair fell during the session initially on Monday, but found enough support underneath to turn things back around and form a hammer. With this, it looks like the USD/JPY pair will continue to go higher....
USDJPY stays above the upward trend line on 4-hour chart, and remains in uptrend from 118.23. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...
USDJPY broke above 121.84 resistance, indicating that the uptrend from 101.06 (Jul 10, 2014 low) has resumed. Further rise could be expected, and next target would be at 130.00 area. Support is at 119.00, only break below...
The USD/JPY pair initially fell during the session on Friday, but as you can see bounced just a little bit to form a hammer. This hammer is in exactly impressive, but it does tell us that the...
The USD/JPY pair initially fell during the session on Thursday, but found enough support below to turn things back around and form a nice-looking hammer. That being the case, looks as if the market is ready to...
USDJPY failed to break below the upward trend line on 4-hour chart, indicating that the pair remains in uptrend from 118.23, the fall from 122.02 could be treated as consolidation of the uptrend. As long as the...
The USD/JPY pair went back and forth during the course of the session on Wednesday, essentially proving nothing. The one thing that we do notice though is the fact that the market didn’t break down after breaking...
USDJPY remains in uptrend from 118.23, the fall from 122.02 is likely consolidation of the uptrend. Support is located at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend...
The USD/JPY pair broke down during the session on Tuesday, we trace in all of the gains for Monday. Ultimately though, this market has broken out to the upside in as well above the 120 level. Because...
