The USD/JPY pair fell initially during the session on Thursday, but found enough support just above the 105 handle to turn things back around and form a hammer. Because of this, we believe that this market should...
USDJPY is facing the resistance of the downward trend line on 4-hour chart. A clear break above the trend line resistance will indicate that the downtrend from 110.08 had completed at 105.32 already, then the following upward...
USDJPY stays below the downward trend line on 4-hour chart, and remains in downtrend from 110.08, and the fall extended to as low as 105.32. As long as the trend line resistance holds, the downtrend could be...
The USD/JPY pair initially fell during the day on Tuesday, but found enough support at the 107 level in order to form a hammer. The hammer of course suggests that we could bounce from here, and as...
USDJPY remains in downtrend from 110.08, and the fall extended to as low as 106.67. Further decline is still possible and next target would be at 106.00 area. Resistance is at 108.20, only break above this level...
The USD/JPY pair initially tried to rally during the course of the session on Monday, but as you can see fell back down and formed a shooting star. Because of this, it appears that the market is...
USDJPY continued its downward movement from 110.08 and the fall extended to as low as 106.75. Key resistance is at 108.20, as long as this level holds, further decline could be expected, and next target would be...
USDJPY’s downward movement from 110.08 extended to as low as 107.07. Further decline is still possible, and next target would be at 106.50 area. Resistance is at 108.20, only break above this level will indicate that the...
USDJPY broke below the lower line of the price channel on daily chart, indicating that consolidation of the uptrend from 101.06 is underway. Range trading between 106.50 and 110.08 would likely be seen in a couple of...
The USD/JPY pair initially broke out to the upside during the session on Friday, but as you can see fell to form a shooting star. With that, it appears that the market is going to test the...
