USDJPY is facing 118.05 support, a breakdown below this level will signal resumption of the downtrend from 120.82, then next target would be at 116.50 area. Resistance is located at the top of the price channel on...
USDJPY failed to break above 121.84 resistance and stayed in the trading range between 115.56 and 121.84. Sideways movement could be expected to continue in a couple of weeks. However, as long as 115.56 support holds, the...
The USD/JPY pair initially tried to rally during the course of the day on Friday, but found the 120 level to be a bit too resistive to keep going higher. With that being the case, we ended...
The USD/JPY pair went back and forth during the course of the session on Thursday, as we continue to bounce around just below the 120 level. With the nonfarm payroll numbers coming out today, it’s very likely...
USDJPY remains in uptrend from 115.56, the fall from 120.82 could be treated as consolidation of the uptrend. Support is at 118.05, as long as this level holds, the uptrend could be expected to resume, and next...
The USD/JPY pair went back and forth during the session on Wednesday, as the 119 level offered support. We believe that this market will more than likely go higher going forward, but with the nonfarm payroll numbers...
USDJPY moved sideways in a trading range between 118.05 and 120.82. As long as 118.05 support holds, the price action in the range could be treated as consolidation of the uptrend. Resistance is at 120.82, a break...
The USD/JPY pair fell during most of the session on Tuesday, but found enough support near the 118.50 level to turn things back around and form a little bit of a hammer. That being the case, it...
USDJPY remains in uptrend from 115.56, the fall from 120.82 is likely consolidation of the uptrend. Another rise to test 120.82 could be expected after consolidation, a break of this level will signal resumption of the uptrend,...
The USD/JPY pair fell during the course of the session on Monday, slicing through the 120 level. Nonetheless, we continue to see a significant amount of support in this area, and as a result we feel that...
