The USD/JPY pair broke higher during the session on Tuesday, breaking above the 119 level. Ultimately, this market looks as if it is ready to go higher and as a result we are buyers. We believe that...
USDJPY remains in downtrend from 120.47, the rise from 118.23 is likely consolidation of the downtrend. Further decline would likely be seen after consolidation, and the target would be at 116.50 area. Key resistance is at 120.47,...
The USD/JPY pair went back and forth during the course of the session on Monday, as the market finds support near the 118 handle. With that, the market should continue to go higher given enough time, but...
USDJPY’s downward movement from 120.47 extended to as low as 118.23. Further decline could be expected and the target would be at 116.50 area. Key resistance is at 120.47, only break above this level will indicate that...
USDJPY is now in downtrend from 120.47. Deeper decline would likely be seen, and the target would be at 116.50 area. Resistance is at 120.47, only break above this level will indicate that the long term uptrend...
USDJPY moved sideways in the trading range between 115.56 and 121.84. The sideways movement could be expected to continue over the next several weeks. As long as 115.56 support holds, the sideways movement could be treated as...
The USD/JPY pair tried to rally on Friday, but struggled as you can see. The market ended up forming a shooting star, which is of course bearish. However, the market is still bullish as far as its...
The USD/JPY pair broke down during the course of the session on Thursday, falling all the way down to the 118.50 region. However, we found a little bit of support in this area as one would expect,...
USDJPY failed to break above 120.82 resistance, indicating that lengthier consolidation for the uptrend from 101.06 (Jul 10, 2014 low) is needed. Sideways movement in the range between 115.85 and 120.82 could be expected to continue over...
The USD/JPY pair broke higher during the course of the session on Wednesday, slicing through the 120 level. That being the case, the market looks as if it is ready to continue going higher, but we are...
