USDJPY is facing the resistance of the price channel on 4-hour chart, a clear break above the channel resistance will indicate that the uptrend from 115.85 has resumed, then the following upward movement could bring price to...
The USD/JPY pair initially fell during the course of the day on Monday, but found support yet again in order to continue consolidating going forward. That being the case, we feel that the market is essentially one...
No changed in our view, USDJPY remains in uptrend from 115.85, the fall from 118.86 would possibly be consolidation of the uptrend. Further rise to test 120.82 resistance could be expected after consolidation, and a clear break...
USDJPY remains in uptrend from 115.85, the fall from 118.86 is likely consolidation of the uptrend. Further rise to test 120.82 resistance could be expected after consolidation, and a break of 118.86 resistance could signal resumption of...
USDJPY moved sideways in a trading range between 115.56 and 121.84. As long as 115.56 support holds, the sideways movement could be treated as consolidation of the uptrend from 101.06 (Jul 10, 2014 low), another rise towards...
The USD/JPY pair broke down during the session on Friday but remains within the consolidation of area that we have been in for some time now. Because of this, we have no interest in trading this pair,...
The USD/JPY pair initially fell during the course of the session on Thursday, but found support below again to continue to consolidate in the same general vicinity that we have been in for the last two weeks....
USDJPY has been trading inside a descending triangle pattern on its 4-hour time frame, with price hovering around the resistance. Stochastic is still pointing up, which means that buying pressure is present and that an upside break...
USDJPY stays in a narrow range between 117.17 and 118.86. Near term support is at 117.17, as long as this level holds, the sideways movement could be treated as consolidation of the uptrend from 115.85, another rise...
The USD/JPY pair initially broke down during the course of the day on Wednesday, but we remain within the consolidation area that we have been stuck in for a couple of weeks now. Ultimately, the market should...
