The USD/JPY pair initially fell during the course of the session on Thursday, but found enough support to turn things back around and form a hammer for the second day in a row. Ultimately, the market should...
USDJPY is moving inside a descending triangle pattern on its 4-hour time frame, as price made lower highs and found support at the 116.00 major psychological level. The pair is currently testing the triangle resistance for now...
No changed in our view, USDJPY remains in short term uptrend from 115.85. Another rise to test 120.82 resistance would likely be seen, a break of this level will signal resumption of the longer term uptrend from...
The USD/JPY pair went back and forth during the course of the day on Wednesday, ultimately forming a hammer. We ended up closing with that hammer and it suggests that we may head back towards the 120...
USDJPY remains in short term uptrend from 115.85. Further rise to test 120.82 would likely be seen, a break of this level will signal resumption of the longer term uptrend from 101.06 (Jul 10, 2014 low), then...
The USD/JPY pair broke higher during the course of the session on Tuesday, as we head towards the 119 level. We believe that the market will ultimately go to the 120 level, and perhaps even higher than...
USDJPY’s upward movement from 115.85 extended to as high as 118.86. Further rise to test 120.82 resistance is possible, a break of this level will signal resumption of the longer term uptrend from 101.06 (Jul 10, 2014...
The USD/JPY pair broke higher during the course of the session on Monday, but did not cleared the resistance that we have seen over the last several sessions. With that, if we can break above the 118...
USDJPY broke above the top of the price channel on 4-hour chart, indicating that the downtrend from 120.82 is complete. Further rise could be expected, and next target would be at 120.50 area. Support is at 116.85,...
USDJPY stays in the downward price channel on 4-hour chart, and remains in downtrend from 120.82, another fall to test 115.56 support is still possible. Resistance is located at the top of the channel, only a clear...
