USDJPY is facing 120.82 resistance, a break of this level will indicate that the uptrend from 101.06 (Jul 10, 2014 low) has resumed, then next target would be at 125.00 area. Support is at 118.20, only break...
The USD/JPY pair broke higher during the course of the session on Tuesday, as we continue to drive towards the 120 level. That area above is massively resistive though, so it’s more than likely going to be...
USDJPY’s upward movement from 115.85 extended to as high as 119.61. Further rise to test 120.82 resistance could be expected, a break of this level will target 125.00 area. Support is at 118.20, only break below this...
The USD/JPY pair fell during the session on Monday, testing the 118 level. As you can see though, we ended up bouncing slightly and it does look like the buyers are going to step into the advantage...
USDJPY broke above 118.86 resistance, indicating that the uptrend from 115.85 has resumed. Further rise to test 120.82 resistance could be expected, a break of this level will target 125.00 area. Support is at 117.60, only break...
The USD/JPY pair took off during the session on Friday as the nonfarm payroll number came out much better than anticipated. Because of this, it appears that the US economy continues to expand, and that of course...
USDJPY continued its sideways movement in a range between 115.56 and 121.84. Support is at 115.56, as long as this level holds, the sideways movement could be treated as consolidation of the uptrend from 101.06 (Jul 10,...
The USD/JPY pair fell initially during the session on Thursday, but continues to meander around the 117.50 level. Because of this, we feel that the market is just simply waiting for this announcement to make a decision....
USDJPY stays in the downward price channel on 4-hour chart, and remains in short term downtrend from 118.86. However, the downward movement would possibly be consolidation of the longer term uptrend from 115.85, another rise to test...
The USD/JPY pair broke higher during the course of the session on Tuesday, but as you can see we still remain tight out in consolidation. Because of that, the market looks as if it’s ready to simply...
