USDJPY stays in a trading range between 115.56 and 121.84. As long as 115.56 support holds, the price action in the range could be treated as consolidation of the uptrend from 101.06 (Jul 10, 2014 low), one...
The USD/JPY pair broke higher during the course of the session on Friday, completely wiping out the losses from Thursday. Ultimately, this shows that there is significant support at the 160 level, and as a result we...
The USD/JPY pair fell during the session on Thursday, but remained within the hammer that had formed on Wednesday. Because of this, we think that the buyers will probably step back in, but we need to see...
USDJPY remains in downtrend from 120.82, and the fall extended to as low as 115.85. Further decline to test 115.56 support is still possible. Near term resistance is at 118.00, and the key resistance is located at...
The USD/JPY pair fell initially during the session on Wednesday, but turned back around and formed a nice-looking hammer. That being the case, looks as if this market is ready to continue going higher, continuing the long-term...
USDJPY’s downward movement from 120.82 extended to as low as 116.07. Deeper decline to test 115.56 support is possible after a minor consolidation. Resistance is located at the downward trend line on 4-hour chart, only a clear...
The USD/JPY pair broke higher initially during the session on Tuesday, but turned back around in order to form a somewhat negative candle. However, we have no interest in selling this pair as we believe that it’s...
USDJPY stays in the downward price channel on 4-hour chart, and remains in downtrend from 120.82. Deeper decline is still possible, and next target would be at 116.50 area. Resistance is at the upper line of the...
The USD/JPY pair initially tried to rally during the course of the day on Monday, but then turned back around to form a massive shooting star. Because of this, it appears that the market is ready to...
USDJPY’s downward movement from 120.82 extended to as low as 117.74. Further decline could be expected, and next target would be at 116.50 area. Resistance is located at the top of the price channel on 4-hour chart,...
